This Stock Could Be a Major AI Winner Through 2027. What's It Worth?

Micron Technology (NASDAQ: MU) has surged on the back of AI-driven memory demand, up 228.54% year to date. 24/7 Wall St. sets a 12-month price target of $966.70 versus a current trading price of $937.11, implying 3.16% upside and a “hold” rating with 90% confidence. The call follows fiscal Q3 results with revenue of $41.46 billion (+345.72% YoY) and non-GAAP EPS of $25.11, beating estimates by 23.79%. Management expects tight DRAM and NAND conditions beyond calendar 2027, supported by 16 Strategic Customer Agreements.