--- title: "Micron Stuck in a Bear Market: Will it Rebound or Crash Further?" type: "News" locale: "en" url: "https://longbridge.com/en/news/293829650.md" description: "Micron Technology (MU) has entered a bear market, dropping over 26% from its yearly high amid profit-taking and concerns over AI spending sustainability. Despite the sell-off, Wall Street analysts remain optimistic, with consensus price targets suggesting significant upside potential. Micron's recent earnings showed a 300% revenue jump to $41.4 billion, driven by AI demand. However, technical indicators like a head-and-shoulders pattern and falling RSI suggest near-term downside risks if the stock falls below the $850 neckline." datetime: "2026-07-25T18:43:16.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/293829650.md) - [en](https://longbridge.com/en/news/293829650.md) - [zh-HK](https://longbridge.com/zh-HK/news/293829650.md) --- # Micron Stuck in a Bear Market: Will it Rebound or Crash Further? **Micron Technology** (NASDAQ:MU) stock has entered a bear market after plunging more than 26% from its highest level this year. The sell-off has coincided with a broader retreat in memory stocks as investors take profits and concerns grow about the sustainability of AI spending. ## Micron Stock Has Retreated Amid Rising Concerns About AI Spending MU stock has plunged more than 26% from its highest level this year, joining a broader sell-off across the memory sector. Other leading memory stocks, including **SanDisk** (NASDAQ:SNDK) and **Western Digital** (NASDAQ:WDC), have also retreated sharply. Meanwhile, the **Roundhill Memory ETF** (CBOE: DRAM) has fallen 34% from its highest point of the year. The options market is not sending a clear signal about Micron’s near-term outlook. Data shows that implied volatility has climbed to about 99%, indicating that investors expect heightened price swings. Meanwhile, the put-to-call ratio stands at 1.19, suggesting a modest bearish or hedging bias rather than aggressive bearish positioning. **Read Also: Shiba Inu Fights Back to Top 31: Is It Safe to Buy SHIB Now?** Wall Street analysts are optimistic that Micron has more upside to go. Benzinga data shows that the consensus target for the stock is $1,268, up by 37% from the current level. DA Davidson’s Gil Luria boosted the target from $1,500 to $2,000. Needham hiked its target from $1,550 to $1,650.  Micron’s business is thriving, helped by the rising demand for its products amid the artificial intelligence boom. Its recent results showed that its third-quarter revenue jumped by over 300% to $41.4 billion, with management predicting that it will hit $50 billion in the fourth quarter. There are also signs that memory demand is rising. In its earnings this week, **Alphabet** (NASDAQ:GOOG) boosted its capital expenditure spending to over $205 billion. **Tesla** (NASDAQ:TSLA) also expects to spend $25 billion this year.  ## Micron Needs to Overcome Key Technical Hurdle ![Micron stock](https://imageproxy.pbkrs.com/https://editorial-assets.benzinga.com/wp-content/uploads/2026/07/25140531/Micron-Stock-1024x567.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg) _MU stock chart | Source: TradingView_ Despite the optimism, Micron stock needs to overcome the emerging head-and-shoulders pattern. This pattern is made up of a head, two shoulders, and a neckline. In this case, the neckline is at $850. The Relative Strength Index (RSI) has continued falling, moving from a high of 86 in May to 45 today. Therefore, there is a risk that it will continue falling in the near term. This view will be confirmed if it drops below the neckline of $850. **Read Also: Billionaire Investor Dumps Thermo Fisher, Cuts Danaher As He Pares Life Sciences Tools Bets** _Image: Shutterstock_ ### Related Stocks - [MU.US](https://longbridge.com/en/quote/MU.US.md) - [MUU.US](https://longbridge.com/en/quote/MUU.US.md) - [MUD.US](https://longbridge.com/en/quote/MUD.US.md) - [MULL.US](https://longbridge.com/en/quote/MULL.US.md) - [MUYY.US](https://longbridge.com/en/quote/MUYY.US.md) - [MUZ.US](https://longbridge.com/en/quote/MUZ.US.md) - [SNDK.US](https://longbridge.com/en/quote/SNDK.US.md) - [WDC.US](https://longbridge.com/en/quote/WDC.US.md) - [DRAM.US](https://longbridge.com/en/quote/DRAM.US.md) - [GOOG.US](https://longbridge.com/en/quote/GOOG.US.md) - [GOOGL.US](https://longbridge.com/en/quote/GOOGL.US.md) - [TSLA.US](https://longbridge.com/en/quote/TSLA.US.md) - [TMO.US](https://longbridge.com/en/quote/TMO.US.md) - [DHR.US](https://longbridge.com/en/quote/DHR.US.md) - [WDCVV.US](https://longbridge.com/en/quote/WDCVV.US.md) ## Related News & Research - [Micron Investors Get Another Reason to Be Nervous](https://longbridge.com/en/news/294237789.md) - [Will Micron Stock (MU) Recover from Today's Fall?](https://longbridge.com/en/news/294094763.md) - [Micron Stock (MU) Forecast – Why Analysts Remain Bullish Despite the Recent Sell-Off](https://longbridge.com/en/news/294240064.md) - [Blue Chip Partners LLC Has $1.01 Million Stock Holdings in Micron Technology, Inc. $MU](https://longbridge.com/en/news/293893965.md) - [Changxin Technology Surges Over 500% in Debut to Top A-Share Market as Micron and Other US Chip Stocks Face New Variables](https://longbridge.com/en/news/293887853.md)