Micron Quadruples Year-to-Date. Wall Street Mostly Thinks Wednesday's Earnings Will Live up to the Hype

Micron quadruples year-to-date. Wall Street mostly thinks Wednesday's earnings will live up to the hype

Several Wall Street firms are considerably above consensus estimates.

Wall Street lifts Micron stock price target ahead of earnings

Wall Street analysts have been rushing to lift their 12-month price targets for one of the biggest beneficiaries of the artificial intelligence (AI) boom of 2026, Micron (NASDAQ: MU), ahead of the June 24 earnings.  Indeed, on Monday, June 22, MU shares received three new ratings forecasting rallies in the range between 9.05% and 46.8%. The most conservative estimate was provided by Bernstein’s Mark Li, who issued a ‘Buy’ recommendation, while s…