Is Micron Technology Stock Going to $1,500? The Bull Case Is Stronger Than You Think.

Three analysts have raised Micron Technology's price target to $1,500, representing a 45% upside from current levels. The bull case is supported by surging AI data center spending, with major tech companies investing $750 billion in capital expenditures this year. Micron's sales rose 345% and earnings per share spiked over 1,300% in Q3 2026, driven by strong demand for memory chips and rising processor prices. However, some investors remain skeptical about AI spending sustainability, which could create near-term volatility.