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Wall Street Is Wrong About Micron Stock. Here's Why.

Source: Motley Fool

2026-03-03 13:35:00 ET

Micron Technology (NASDAQ: MU) has been a winning stock in recent times thanks to its key role in the artificial intelligence (AI) revolution. The company's shares have soared more than 300% over the past year as customers rush to Micron's memory and storage products.

The company confirmed this trend in the latest quarter, with AI demand fueling record revenue and free cash flow. And Micron expects the momentum to continue.

Now the key question is: Will stock performance follow? Analysts expect the shares to decline by about 4% from their level as of the March 2 market close over the coming 12 months. But I think Wall Street is wrong about this top AI player. Here's why.

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Micron Technology Inc.

NASDAQ: MU

MU Trading

-1.43% G/L:

$379.72 Last:

19,099,350 Volume:

$363.96 Open:

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MU Stock Data

$421,610,141,624
1,114,254,168
0.05%
1468
N/A
Semiconductors and Equipment
Technology
US
Boise

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