Prediction: This Will Be Micron's Stock Price by Late 2027 (Hint: It Implies Big Gains)
Key takeaways
- MU NVDA ^GSPC Micron Technology (NASDAQ: MU) has been one of the best performers in the S&P 500 (SNPINDEX: ^GSPC) year to date, with shares up 240%.
- I think Micron will reach $1,500 per share after the company reports fourth-quarter financial results for fiscal 2027 (which ends in August).
- In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia.
MU NVDA ^GSPC Micron Technology (NASDAQ: MU) has been one of the best performers in the S&P 500 (SNPINDEX: ^GSPC) year to date, with shares up 240%. The stock has become a popular way to participate in the artificial intelligence trade because the company is a key supplier of memory chips.
I think Micron will reach $1,500 per share after the company reports fourth-quarter financial results for fiscal 2027 (which ends in August). That implies 52% upside from the current share price of $990.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »