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Up 770% YTD, How High Can Micron Go?
Key takeaways
- Vandita Jadeja Tue, June 16, 2026 at 8:37 PM GMT+7 4 min read MU NVDA Quick Read Micron (MU) has surged 281% YTD to $1,088, but 24/7 Wall St. issues a high-confidence SELL with a $702 price target.
- HBM memory is sold out through 2026, Micron can meet only two-thirds of key customer demand, and top analysts target $1,500.
- Forward P/E on $28 in estimated earnings justifies only $281, making today s $1,088 price unsustainable without a historic HBM cycle extension.
Up 770% YTD, How High Can Micron Go? Vandita Jadeja Tue, June 16, 2026 at 8:37 PM GMT+7 4 min read MU NVDA Quick Read Micron (MU) has surged 281% YTD to $1,088, but 24/7 Wall St. issues a high-confidence SELL with a $702 price target.
HBM memory is sold out through 2026, Micron can meet only two-thirds of key customer demand, and top analysts target $1,500.
Forward P/E on $28 in estimated earnings justifies only $281, making today s $1,088 price unsustainable without a historic HBM cycle extension.
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