Citi increased its price target for Micron Technology to $1,300 from $1,150, citing stronger-than-expected DRAM pricing and ongoing supply shortages. Despite the rally, Micron shares still trade below the average Wall Street target, suggesting potential for further gains. The company benefits from multi-year take-or-pay contracts securing significant revenue, supporting durable pricing power. Investors should consider the strong fundamentals and rising earnings estimates, though near-term volatility remains a risk.
Micron Technology trades at USD 1,069.00 on Pluang as of Sep 24, 2026 00:31 WIB, down 2.48% in the last day. The stock's market cap stands at $1.24 trillion, with a 52-week high of $1.21K. Despite Citi's raised price target to $1,300, Pluang order activity shows a majority of 59% Sell versus 41% Buy, indicating mixed investor sentiment.
Micron Technology's stock has risen 275% this year, driven by strong demand for AI-related memory products like high bandwidth memory (HBM). The company is set to report fiscal Q4 earnings on September 30, with investors focused on HBM revenue, gross...
Investor Michael Burry has increased his short positions in Micron Technology, Palantir, Nebius Group, and the iShares Semiconductor ETF, expressing skepticism about the sustainability of the current AI and semiconductor market boom. He highlights co...
ChatGPT forecasts Micron Technology's stock to increase about 4.4% to $1,145 by October 1, driven by strong AI-related growth and favorable pricing in its memory products. The company is gaining recognition as an AI infrastructure player due to its H...
Investor Michael Burry disclosed short positions in Palantir, Nebius, and Micron, citing concerns over an oversupplied memory market and its impact on semiconductor stocks. Despite Burry's short on Palantir, its shares rose 2%, while Nebius and Micro...
Citi analyst Atif Malik raised Micron's stock price target from $1,150 to $1,300, maintaining a Buy rating due to stronger-than-expected DRAM pricing and undersupplied memory markets. This optimism is supported by upcoming industry events like SEMICO...
