Our 24/7 Wall St. price target for Micron is $1,025.96 over 12 months, 7.76% above a reference price of $952.10, with a buy rating. The article cites more than 75% of fiscal 2027 shipments already committed and 26 Supply Commitment Agreements running through 2030. Shares fell 4.51% to $938.87 after Samsung's results, and fiscal Q4 2026 revenue of $54.23 billion beat the $50.97 billion estimate. The 12-month bull case is $1,351.16, a 41.91% gain, while the downside scenario is $770.11, and the article flags cyclical supply risk, with management saying it lacks line of sight to when supply and demand balance.
Summary written by Upside AI from the original article. Read the source for full details.
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Micronsemiconductorsartificial intelligencesupply chain
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Related tickers and likely impact
NVDA
• NeutralNvidia
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.1T |
| Close on 10/30/2026 | 204.64 |
| Change that session | -4.22% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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