Micron Technology (MU) News Today

Micron Technology, Inc. (NASDAQ: MU) shares have risen on a wave of bullish analyst commentary and upward guidance, driven by strong AI memory-chip demand and revised outlooks for the current quarter. Key catalysts include higher price targets and upgraded forecasts from leading brokers.

• Positive Sentiment: JPMorgan Chase raised its price target for MU from $165 to $185 and maintained an “overweight” rating, citing robust AI-driven memory-chip demand and a potential 44.8% upside. JPMorgan Issues Positive Forecast for Micron
• Positive Sentiment: Analysts at various firms, including those cited by Benzinga, have upgraded MU’s outlook for the August quarter on surging demand and pricing power in AI-focused DRAM, predicting further upside ahead. Micron Rides AI Wave With Upgraded Outlook
• Positive Sentiment: A Seeking Alpha analysis highlights Micron’s improved guidance, vertical integration, and operating leverage as drivers for sustained earnings growth, noting that the AI-driven rally has room to run. Why This AI-Driven Rally May Still Have Room To Run
• Neutral Sentiment: MSN reports that analysts collectively parsed Micron’s updated outlook and tweaked their price targets, reflecting a range of revised expectations on near-term performance. Analysts Parse Updated Outlook and Tweak Targets
• Neutral Sentiment: Barron’s notes that while AI software stocks have diverged, Micron’s hardware-centric focus underscores the strength of the memory-chip segment in the broader AI trade. Micron and BigBear Stocks Diverge
• Neutral Sentiment: MarketBeat observed MU trading 2.2% higher after an analyst upgrade, underscoring the market’s receptivity to positive research notes. Trading 2.2% Higher Following Analyst Upgrade
• Neutral Sentiment: Zacks compared MU with peer FormFactor, concluding that Micron’s AI-driven memory growth and stronger profitability give it an edge, though valuation and cycle exposure remain key considerations. MU vs. FORM: Which Has More Potential?
• Neutral Sentiment: An additional Zacks write-up examined Wall Street’s bullish recommendations on MU, noting that while positive ratings can drive momentum, investors should weigh macro factors and valuation. Is It Worth Investing in Micron Based on Wall Street’s Bullish Views?