As Micron Technology, Inc. (Nasdaq: MU) stock gained on Friday’s pre-market, trading at approximately $1,107.25 at the time of writing, driven by its fiscal fourth-quarter and full-year 2026 earnings results that shattered expectations, Wall Street analysts are strongly convinced of a rally towards a new all-time high (ATH) in the next 12 months.

Among the analysts who issued ratings on Micron stock on Thursday is Egor Tolmachev of Freedom Broker. Tolmachev maintained a ‘Buy’ rating for MU on October 1, according to a note Finbold analyzed on October 2.

Freedom Broker set a 12-month price target for Micron stock at $1,600. As such, this firm signals a possible 44.50% upside by October 2, 2027.

This thesis is centered…