Does Micron (MU) Have the Potential to Rally 25.68% as Wall Street Analysts Expect?

Group 1 - Micron's shares have increased by 8.1% over the past four weeks, closing at $119.92, with a mean price target of $150.72 indicating a potential upside of 25.7% [1] - The mean estimate consists of 29 short-term price targets with a standard deviation of $25.58, where the lowest estimate is $75.00 (37.5% decline) and the highest is $200.00 (66.8% increase) [2] - Analysts show strong agreement on Micron's ability to report better earnings than previously predicted, which supports the potential for stock upside [4][11] Group 2 - The Zacks Consensus Estimate for Micron's current year earnings has risen by 11.2% over the past month, with eight estimates increasing and no negative revisions [12] - Micron holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimates [13] - While consensus price targets may not be reliable for predicting stock gains, they can provide guidance on price movement direction [14]