Micron stock (NASDAQ: MU) is crashing today, falling below the $850 level on Thursday and reaching a day low of $849. It plummeted nearly 6% in the day’s trade and is attracting bearish sentiments. MU is down for two consecutive days and is struggling to reclaim the $1,000 level. The semiconductor-based AI stocks are deep in the red, including the newly added SK Hynix stock (NASDAQ: SKHY), which was launched on Friday (July 10, 2026) in the Nasdaq index through the American Depository Receipt (ADR). Even SanDisk stock (NASDAQ: SNDK) plunged more than 11%, falling to the $1,430 level from $1,530.

Also Read: When Will SanDisk Stock Reach $3,000? (SNDK)

On the heels of the ongoing AI-based crash, equity research and price prediction firm StockAnalysis’ consensus among Wall Street analysts has predicted a doom-and-gloom forecast for Micron stock if a worst-case scenario plays out in the global markets. The worst-case scenario could include a recession or any other monetary developments that can drastically alter the market’s movements. The downward price prediction is worrisome, as the majority of traders can end up in deep losses. The cut could be so sharp that a quick recovery would be out of the question. It could take months, if not years, to regain the balance.

Micron Stock Could Fall To a Low of $361

The latest analysis from a consensus of Wall Street analysts reported on StockAnalysis estimates that in the unlikely event of a major market crash or a recession, Micron stock could crash to the $361 level. That would be a downturn of approximately 58% from its current price of $850.

Therefore, an investment of $1,000 could turn into $420 or less if the worst-case scenario plays out. However, the price prediction is only if and when a catastrophic financial rearrangement takes place. If the markets remain stable, Micron stock investors have nothing to worry about.

Also Read: KeyBanc Provides New Price Target After Micron Stock Falls Below $900