Micron (MU) is heading into earnings with Wall Street already moving the goalposts. That is usually a sign of confidence, but it also raises the pressure. Stifel and Wedbush both lifted their price targets before the report, and that tells you analysts are still getting more bullish on the AI memory story. The catch is that MU stock has already sprinted much higher.
So ahead of earnings, investors are asking the same question from two angles. Is the business still getting better? And is the stock still worth buying after such a huge run? Let's try to find out.