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Analysis suggests Micron Technology stock could jump over 200% by end of 2027, driven by AI-fueled memory demand and supply tightness
The Motley Fool analysis indicates that Micron Technology's revenue could exceed $260 billion in calendar 2027, nearly triple its past year's revenue, supported by strong DRAM and NAND flash market shares. JPMorgan notes DRAM prices are expected to surge 400% from early 2024 to late 2026. Micron CEO Sanjay Mehrotra anticipates tight memory supply conditions to persist beyond 2027 due to AI-driven demand and structural supply constraints. Based on a projected 15x sales multiple, Micron's market cap could reach $3.9 trillion, representing a 242% increase from its current valuation.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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