MU · News · 20260807N
Memory Pricing Outlook
MICRON TECHNOLOGY INC · 2026-08-07 · Importance 43 · Surprise 24 · In source text
Analysts cited continued memory tightness but warned that pricing momentum could weaken beginning in 2027. Citi expects slower DRAM and NAND price increases over the next four quarters, with pricing potentially peaking around the second quarter of 2027 and declining in late 2027. Other reports said Micron’s long-term agreements and take-or-pay structures could provide revenue and pricing support through the cycle, including at least $100 billion of multiyear memory contracts.
Key facts
- Citi expects DRAM and NAND price increases to peak around Q2 2027 and anticipates price declines in late 2027. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | contingent | — | Citi expects DRAM and NAND price increases to peak around Q2 2027 and anticipates price declines in late 2027. |
| revenue | negative | contingent | — | Citi expects DRAM and NAND price increases to peak around Q2 2027 and anticipates price declines in late 2027. |