Micron Stock Could Surpass $2,000 by 2027, Fool Says

The Motley Fool argues Micron Technology could top $2,000 per share by 2027 due to sustained AI-driven demand for memory chips and price increases. It notes a surge in last-quarter revenue to $41.5 billion with an ~80% operating margin and about $33 billion in operating income, driven by customers like Amazon. With AI infrastructure growth (including Nvidia-related demand), next-quarter revenue could reach ~$50 billion and 2027 revenue around $250 billion, implying roughly $200 billion in operating earnings. Valuing Micron at about 11x earnings could yield a market cap near $2 trillion, suggesting a stock price above $2,000 at some point in 2027. The piece cautions this is a speculative forecast, not financial advice, and remembers memory cycles could temper profits; MU isn’t presented as a current top pick by the Fool.