MU Analyst Ratings

HSBC raised its Micron target to $500 from $350 on Jan 23, maintaining Buy. TD Cowen bumped to $450 and Barclays to $450. Consensus is Buy at $62 average target — HBM demand and data center DRAM pricing power driving aggressive target hikes.

ANALYST RATINGS
Buy$361
MU
Buy$500
Reiterated
2026-01-23
Buy$450
Reiterated
2026-01-20
Overweight$450
Reiterated
2026-01-16
Outperform$425
Initiated
2026-01-15
Buy$400
Reiterated
2026-01-07
Reiterated
2026-01-23
HSBC Securities
RatingBuy
From—
Target$500
From$350
Reiterated
2026-01-20
TD Cowen
RatingBuy
From—
Target$450
From$300
Reiterated
2026-01-16
Barclays
RatingOverweight
From—
Target$450
From$275
Initiated
2026-01-15
RBC Capital Mkts
RatingOutperform
From—
Target$425
From—
Reiterated
2026-01-07
UBS
RatingBuy
From—
Target$400
From$300
Reiterated
2026-01-02
Bernstein
RatingOutperform
From—
Target$330
From$270
Upgrade
2025-12-18
BofA Securities
RatingBuy
FromNeutral
Target$300
From—
Reiterated
2025-12-18
TD Cowen
RatingBuy
From—
Target$300
From$275
Reiterated
2025-12-16
Needham
RatingBuy
From—
Target$300
From$200
Initiated
2025-12-09
HSBC Securities
RatingBuy
From—
Target$330
From—
Reiterated
2025-12-02
Wolfe Research
RatingOutperform
From—
Target$300
From$200
Reiterated
2025-11-20
UBS
RatingBuy
From—
Target$275
From$245
Reiterated
2025-11-19
TD Cowen
RatingBuy
From—
Target$275
From$200
Reiterated
2025-10-16
UBS
RatingBuy
From—
Target$245
From$225
Upgrade
2025-10-13
BNP Paribas Exane
RatingOutperform
FromUnderperform
Target$270
From—
Reiterated
2025-10-08
UBS
RatingBuy
From—
Target$225
From$195
Initiated
2025-10-07
Itau BBA
RatingOutperform
From—
Target$249
From—