$MU 2029 Price Target: Is the Memory Boom Just Getting Started?
What will $Micron Technology(MU)$ be worth in 2029? 👀
Micron just delivered an incredibly strong earnings report, yet the stock barely moved.
Why? 🤔
Because 2026 results are already priced into the story. Investors knew this was going to be an extraordinary year.
🧠 The bigger question is 2027.
We’re in a massive memory shortage right now. AI has driven a huge increase in memory demand, while supply has barely moved.
Demand doubles. Supply grows less than 10%. Prices can triple. 📈
That’s why the market isn’t celebrating 2026 anymore. Investors are already looking ahead to whether the cycle can continue.
⚠️ Some investors, including Michael Burry, expect revenue and EPS to decline in 2027.
But so far, the evidence is pointing in the opposite direction.
And that’s what makes the 2029 $MU question so interesting. 🚀
Markets are always moving - and sometimes, the best move is knowing what works for you.
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