Key Stats for Micron Stock

• Current Price: $724.66
• Target Price (Mid): ~$539
• Street Target: ~$584
• Potential Total Return: ~(26%)
• Annualized IRR: ~(7%) / year
• Earnings Reaction: (3.78%) on March 18, 2026
• Max Drawdown: 30.31% on March 30, 2026

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What Happened?

Micron Technology (MU) hit $818.67 this week, an all-time high, then gave back 11% in three sessions. For a stock that sat at a 52-week low of $90.93 just twelve months ago, that kind of turbulence at the top is either a normal exhale after a nearly 700% run, or a signal the market has gotten ahead of the fundamentals. The answer…