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The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Micron has surged ~250% in the past year, benefiting from AI-driven demand and a strategic shift in memory's role. At ~$340, MU trades at 10.6x FY26 P/E and 8.6x FY27 P/E, significantly below peers despite robust growth forecasts. MU is supply-constrained, expects DRAM demand to grow in the low 20%s for 2025, and is increasing capex to address demand.
Micron Technology is poised for further upside, driven by AI-led demand for High-Bandwidth Memory and robust Q1 FY26 results. MU's Q2 FY26 guidance signals 132% YoY revenue growth, 68% gross margins, and $8.42 EPS, far surpassing consensus expectations. Management has secured full-year 2026 HBM supply agreements, supporting strong earnings visibility and premium pricing power amid industry shortages.
Micron Technology has a remarkable history of rapid rallies, witnessing the stock price increase by over 50% in less than two months on several occasions, particularly in significant years such as 2013 and 2020. Furthermore, it has delivered gains exceeding 30% in similar brief periods multiple times.
MU surged 239% in 2025 as AI-driven memory demand accelerated. However, strong financials, HBM momentum and low valuation keep the stock attractive.
Micron Technology, Inc. is upgraded to Buy as surging DRAM prices and 20% bit shipment growth drive a generationally advantageous business environment. MU's CY25 and CY26 bit shipment outlooks are among its strongest ever, with management likely to further upgrade projections while DRAM prices surge ~4x. The DRAM market faces structural shortages, echoing 1993's robust memory cycle, fueling both price and volume upside for MU stock.
Micron Technology (MU) jumped +11% on January 2, 2026, spurred by a considerable analyst price target increase from Sanford C. Bernstein to $330.
NVDA and other AI stocks could benefit from the January Effect as easing trade tensions, booming AI demand and strong outlooks fuel momentum.
The S&P 500 is on the verge of closing out another formidable year for investors, with the SPDR S&P 500 ETF NYSEARCA: SPY delivering a return of 17.22% heading into the final trading day of the year. And the year was defined by a set of powerful themes.
The 3 top performers this year make up just 0.7% of the S&P 500 index weight combined.
MU's NAND revenues hit $2.7B, now 20% of sales, as tight supply, rising prices and G9 demand fuel AI and data center growth.