Core Insights - Micron Technology, Inc. is a leading player in memory and storage semiconductor solutions, with a market cap of $249.1 billion and a focus on advanced memory technologies for various applications [1] Financial Performance - Analysts project an EPS of $3.57 for Q1 2026, representing a 120.4% increase from $1.62 in the same quarter last year [2] - For the current fiscal year, EPS is expected to reach $15.48, a 101.6% rise from $7.68 in fiscal 2025, with further growth anticipated to $18.02 in fiscal 2027, marking a 16.4% YoY increase [3] Stock Performance - Micron's shares have surged 111.4% over the past 52 weeks, significantly outperforming the S&P 500 Index's 18.3% gain and the Technology Select Sector SPDR Fund's 31.2% rise [4] - The stock's upward trajectory is attributed to a strong demand for high-performance chips, particularly in data centers and AI systems, driven by an AI-related memory boom [5] Analyst Sentiment - The consensus among analysts is bullish, with a "Strong Buy" rating for Micron stock; out of 37 analysts, 27 recommend "Strong Buy," five suggest "Moderate Buy," and five advise "Hold" [6] - The stock is currently trading above the average analyst price target of $203.41, with a potential rally of up to 19% suggested by the Street-high target of $275 [6]