According to an analysis by Yahoo Finance, Micron’s stock rose 18.4% to $874.66 on Thursday after Samsung said it expects the memory shortage to persist through 2027 and into 2028.The analysis noted that Micron’s revenue for the third quarter of fiscal year 2026 reached $41.5 billion, with net income of $28.2 billion, and projected fourth-quarter revenue of approximately $50 billion.Based on factors such as the cyclical nature of the memory market and demand for AI, analysts predict that Micron’s stock price could range between $800 and $1,100 by 2030.