Wall Street analyst predicts 120% upside for Micron stock

Despite Micron Technology, Inc. (NASDAQ: MU ) stock crashing over 17% so far in October 2026, triggered by macroeconomic shifts and competitive pressures, C.J. Muse, a Wall Street analyst at Cantor Fitzgerald, expects a bull rally to a new all-time high (ATH) over the next 12 months. Muse reiterated an ‘Overweight’ rating on Micron stock , according to a note Finbold viewed on October 21 but sent to clients on Tuesday. He also maintained the firm’s 12-month price forecast for MU at $2,000. With MU stock trading at about $913.20 in Wednesday’s pre-market, Cantor Fitzgerald sees potential 119.01% upside over the next 12 months. This bullish thesis was centered on the company’s strong long-term fundamentals.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to Finbold.