Prediction: Micron Technology Stock Will Hit at Least $2,000 in 1 Year

Micron Technology (MU) is projected to reach at least $2,000 per share within one year, according to the article’s outlook tied to accelerating AI-driven memory demand. The company’s shares are up 241% in 2026 to date, making it the second-biggest gainer in the Nasdaq-100, as the article argues that the momentum is continuing rather than peaking. It attributes Micron’s rally to record capex from hyperscalers building AI data centers, which has driven shortages of DRAM, NAND, and high-bandwidth memory (HBM). The piece says Micron specializes in all three areas and benefits from pricing power in a high-growth segment, supported by long-term strategic customer agreements. It cites Wall Street consensus for EPS of $73.32 for the current fiscal year and $149.64 for the next, and notes the stock trades at a forward P/E of 6.7. The article frames the low multiple as potential room for valuation re-rating.