Mu stock price forecast earnings momentum

Earnings momentum, coupled with strong free cash flow, supports a fundamentally bullish "MU stock price forecast", especially as Micron benefits from AI, 5G, and autonomous vehicle memory demand. The price action in Micron shares reflects the steady stream of opportunities tied to the AI boom. After a powerful run earlier this summer, MU has spent the last two weeks consolidating in a textbook bull flag pattern, a healthy pause that often sets the stage for the next leg higher. Sign up for free newsletters and get more CNBC delivered to your inbox The "MU stock price forecast" for Q2 2024 suggests a potential upside, with analyst consensus targeting the $95–$102 range, boosted by robust DRAM demand and improving NAND margins. Technical charts show strong support near $