$MU Wins Wall Street: 24 Buys, Zero Sells as AI Memory Boom Accelerates πŸ’Ύ

Michael Esther
06-26 08:13

$Micron Technology(MU)$ ANALYST PRICE TARGET UPGRADES:

πŸ“ˆ Susquehanna: $1,750 (from $600)

πŸ“ˆ UBS: $1,625 (from $535)

πŸ“ˆ Daiwa: $1,600 (from $700)

πŸ“ˆ Needham: $1,550 (from $500)

πŸ“ˆ BofA: $1,500 (from $950)

πŸ“ˆ Stifel: $1,500 (from $550)

πŸ“ˆ Deutsche Bank: $1,500 (from $1,000)

πŸ“ˆ Cantor Fitzgerald: $1,500 (from $700)

πŸ“ˆ Davidson: $1,500

πŸ“ˆ TD Cowen: $1,500 (from $660)

πŸ“ˆ Wedbush: $1,300 (from $500/550)

πŸ“ˆ Wolfe Research: $1,250 (from $550)

πŸ“ˆ Citigroup: $1,200 (from $840)

πŸ“ˆ Rosenblatt: $1,200 (from $600)

πŸ“ˆ Michael Luu: $5000 (from $2000)

  • Average 12-mo target now ~$1,297 (per 26 analysts)

  • Highest Street target: $1,750

Consensus rating:

STRONG BUY (24 buy / 2 hold / 0 sell)

Why the upgrades?

HBM4 sold out for 2027 β€” Micron can only fill 50-66% of orders

Q3 FY26 guide: $33.5B rev midpoint, 81% gross margins

- New Anthropic supply + equity deal (June 22)

- $NVIDIA(NVDA)$ certified MU for Vera Rubin HBM4

- $1T+ market cap, stock +800%+ over past year

$Roundhill Memory ETF(DRAM)$ $Roundhill T-REX 2X Long DRAM Daily Target ETF(RAM)$ $SanDisk Corp.(SNDK)$ $Western Digital(WDC)$ $Seagate Technology PLC(STX)$ basically buy every dip until end of 2026 and hold until 2028.

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  • KLKK
    Β·06-26 23:00
    this stock wait for anther 3/4weeks, target usd 800
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