Investing.com • Thomas Hughes Micron Gains Momentum, Again—30% to 80% Upside in 2026
12/31/2025 12:44 AM • 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.
MU - 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.