Micron's Role in AI Infrastructure: Micron Technology is becoming a key player in the AI data center ecosystem by providing essential memory and storage solutions, such as high-bandwidth memory (HBM) and DRAM, which are critical for the performance of AI workloads.
Strong Financial Outlook: Analysts have raised earnings estimates for Micron, projecting a 525% increase in earnings this year and a 34% rise in annual revenue, while the stock trades at a relatively low valuation compared to its peers, making it an attractive investment opportunity.
MU
$232.51+Infinity%1D
Analyst Views on MU
Wall Street analysts forecast MU stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for MU is 228.21 USD with a low forecast of 170.00 USD and a high forecast of 325.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
29 Analyst Rating
Wall Street analysts forecast MU stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for MU is 228.21 USD with a low forecast of 170.00 USD and a high forecast of 325.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
26 Buy
3 Hold
0 Sell
Strong Buy
Current: 237.500
Low
170.00
Averages
228.21
High
325.00
Current: 237.500
Low
170.00
Averages
228.21
High
325.00
Needham
Buy
upgrade
$200 -> $300
2025-12-16
New
Reason
Needham
Price Target
$200 -> $300
2025-12-16
New
upgrade
Buy
Reason
Needham raised the firm's price target on Micron to $300 from $200 and keeps a Buy rating on the shares. With the memory market continuing to tighten, demand is likely to exceed supply throughout 2026, and with DRAM and NAND pricing moving meaningfully higher, Needham is "substantially" raising its FY26 and FY27 estimates, the analyst tells investors in a research note. The firm now sees FY27 EPS at $25.00 vs. $19.25 prior and FY27 revenue at $68.2B vs. $60.0B prior, Needham added.
Wedbush
Outperform
maintain
$220 -> $300
2025-12-15
New
Reason
Wedbush
Price Target
$220 -> $300
2025-12-15
New
maintain
Outperform
Reason
Wedbush raised the firm's price target on Micron to $300 from $220 and keeps an Outperform rating on the shares ahead of the company's earnings report due this Wednesday. Better memory conditions through the past few months have set up Micron to benefit from a sharper lift in average selling prices than the firm had previously anticipated, the analyst tells investors in a preview.
Stifel
Buy
maintain
$195 -> $300
2025-12-12
New
Reason
Stifel
Price Target
$195 -> $300
2025-12-12
New
maintain
Buy
Reason
Stifel raised the firm's price target on Micron to $300 from $195 and keeps a Buy rating on the shares. Further strengthening in AI infrastructure demand has "proven a tipping point" and memory prices are "rallying hard" into year-end, notes the analyst, who expects Micron to report and guide for meaningful upside to its fiscal Q1 results and Q2 outlook next week. Profit and bit optimization amid sustained positive industry conditions keep the firm positive on Micron, the analyst tells investors in a preview.
Citi
Buy
maintain
$275 -> $300
2025-12-10
Reason
Citi
Price Target
$275 -> $300
2025-12-10
maintain
Buy
Reason
Citi raised the firm's price target on Micron to $300 from $275 and keeps a Buy rating on the shares ahead of the fiscal Q1 report on December 17. The firm sees the company's results and outlook coming in significantly above consensus estimates. Micron is benefitting from "unprecedented increases" in DRAM pricing, the analyst tells investors in a research note.
About MU
Micron Technology, Inc. provides memory and storage solutions. The Company delivers a portfolio of high-performance dynamic random-access memory (DRAM), NAND, and NOR memory and storage products through its Micron and Crucial brands. The Company's products enable advancing in artificial intelligence (AI) and compute-intensive applications. Its segments include Compute and Networking Business Unit (CNBU), Mobile Business Unit (MBU), Embedded Business Unit (EBU), and Storage Business Unit (SBU). CNBU segment includes memory products and solutions sold into the data center, PC, graphics, and networking markets. MBU segment includes memory and storage products sold into the smartphone and other mobile-device markets. EBU segment includes memory and storage products and solutions sold into the intelligent edge through the automotive, industrial, and consumer embedded markets. SBU segment includes SSDs and component-level storage solutions sold into the data center, PC, and consumer markets.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
