Industry reports indicating supply-demand balance in NAND chips translate into an improved "MU stock price forecast" as gross margins recover above 35%. Micron Technology's outlook anticipates $53.6 billion in revenue and $13.6 billion in earnings by 2028. This relies on a 16.6% yearly revenue growth rate and a $7.4 billion increase in earnings from the current $6.2 billion level. Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. Micron’s price-to-earnings expansion trend complements a bullish "MU stock price forecast" as investors factor in projected EBITDA margin gains from supply chain optimization in