At the end of June, Micron (MU -1.89%) stock looked like an unstoppable rocket ship. However, I think this is a perfect buying opportunity for those who missed out on the initial run, as a move to $3,000 could be coming by the end of 2027. When 2027 earnings are used to value Micron's stock, it trades at a mere 5.8 times 2027 earnings. At its recent $900 per share price, Micron would need to rise 233% to reach that level. Investors will see how this plays out over the next year or so, but I think there's a real possibility that Micron's stock could more than triple.