Micron Technology Stock: Is Wall Street Bullish or Bearish?

Core Insights - Micron Technology, Inc. (MU) is valued at a market cap of $251.4 billion and operates in the semiconductor industry, focusing on memory and storage products across various markets [1] - Over the past 52 weeks, MU shares have surged 115.2%, significantly outperforming the S&P 500 Index's 17.4% gain [2] - Year-to-date, MU stock has increased by 166.2%, compared to a 16% rise in the S&P 500 [2] Financial Performance - In Q4, MU reported a 46% year-over-year revenue increase to $11.3 billion, driven by a 213.5% rise in cloud memory business unit revenues, surpassing consensus estimates [4] - Adjusted operating margin expanded by 1250 basis points, and adjusted EPS grew 156.8% year-over-year to $3.03, exceeding analyst expectations by 5.9% [4] Future Projections - Analysts project MU's EPS to grow by 101.6% year-over-year to $15.48 for fiscal 2026 [5] - MU has consistently surpassed consensus estimates in the last four quarters, indicating a strong earnings surprise history [5] Analyst Ratings - Among 37 analysts covering MU, the consensus rating is a "Strong Buy," with 27 "Strong Buy," five "Moderate Buy," and five "Hold" ratings [5] - Mizuho Financial Group maintained an "Outperform" rating and raised the price target to $265, suggesting an 18.3% potential upside [6] - The highest price target from analysts is $275, indicating a potential upside of 22.8% [6]