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News  ›  Investing.com

Micron Gains Momentum, Again—30% to 80% Upside in 2026

Investing.com Logo Investing.com By Thomas Hughes
Micron Gains Momentum, Again—30% to 80% Upside in 2026

Micron (MU) stock has broken out to new highs in December 2025, with technical analysis suggesting 30% to 80% upside potential by mid-2026. The rally is driven by strong Q1 FY2026 earnings results and analyst sentiment, supported by an unprecedented HBM memory shortage tied to AI and data center demand. The stock trades at a deep valuation discount relative to tech peers, with 37 analysts maintaining a consensus Buy rating and increasing price targets.

Insights
BACpL   neutral

The announcement indicates a strategic increase in financial instruments without explicit positive or negative implications, representing a neutral market movement


MU   positive

Strong earnings results, technical breakout to new highs, consensus Buy rating from 37 analysts with increasing price targets, unprecedented HBM memory shortage supporting pricing power, and deep valuation discount relative to peers all support positive outlook with 30-80% upside potential through mid-2026.