Micron Technology

Micron Technology (MU) designs and manufactures semiconductor memory and storage products, including DRAM, NAND flash and high-bandwidth memory (HBM). Its high-bandwidth memory business is a key focus for investors because of growing demand from AI accelerators and data centers.

美光科技（MU）是一家半导体存储与储存解决方案制造商，主要生产 DRAM、NAND 闪存及高带宽内存（HBM）。随着人工智能加速器和数据中心需求增长，其高带宽内存业务成为投资者关注的重点。

Every figure on this page is tipranks’s, read on 2026-10-26 and linked below.

SmartChecker Micron Technology Forecast

The forecast in short

tipranks records 29 analyst ratings on Micron Technology and summarises them as “Strong Buy”. Their average 12-month price target is USD 1,622 (84.79% Upside). Its tipranks score is 10 out of 10 — Outperform. These are tipranks’s figures as SmartChecker read them on 2026-10-26, not SmartChecker’s own view, and nothing here is advice to buy or sell.

Market cap

USD 992.88 B

≈ Maybank x 33

Share price

USD 877.55

≈ RM 3584.27

#15World ranking

tipranks score

Outperform

10

Analyst ratings

Strong Buy

  • Buy28 97%
  • Hold1 3%
  • Sell0 0%

tipranks’s own summary of the 29 ratings above.

12 months price forecast

USD 1,622 84.79% Upside

USD 0 USD 1,092.54 USD 2,185.08 USD 3,277.62Past 12 months 12 months forecast High USD 3,000 Average USD 1,622 Low USD 1,2002025-10 2026-10

As tipranks publishes it. SmartChecker has not recalculated any of it.

Analyst profiles. Who made each call, and when.

AnalystFromPositionTarget priceDated
Matt BrysonWedbushBuyUSD 14002026-10-23
Quinn BoltonNeedhamBuyUSD 16502026-10-22
Unknown AnalystFubon SecuritiesBuyN/A2026-10-21
Srini PajjuriRBC CapitalBuyUSD 15002026-10-21
Vijay RakeshMizuho SecuritiesBuyUSD 14002026-10-18
John VinhKeyBancBuyUSD 17502026-10-15
Vivek AryaBank of America SecuritiesBuyUSD 15502026-10-14
Gil LuriaD.A. DavidsonBuyUSD 30002026-10-07
Jim Hin Kwong AuDBSBuyUSD 14002026-10-07
Harlan SurJ.P. MorganBuyUSD 15402026-10-06
Yik Ban ChongPhillip SecuritiesBuyUSD 19502026-10-05
Tristan GerraRobert W. BairdBuyUSD 15202026-10-02
Timothy ArcuriUBSBuyUSD 16252026-10-02
Sebastien NajiWilliam BlairBuyN/A2026-10-01
Melissa WeathersDeutsche BankBuyUSD 15502026-10-01
James SchneiderGoldman SachsHoldUSD 12502026-10-01
Mark LiBernsteinBuyUSD 13002026-10-01
Joseph MooreMorgan StanleyBuyUSD 12002026-10-01
Brian ChinStifel NicolausBuyUSD 15002026-10-01
Kevin CassidyRosenblatt SecuritiesBuyUSD 19002026-10-01
Thomas O'MalleyBarclaysBuyUSD 20002026-10-01
Krish SankarTD CowenBuyUSD 16002026-10-01
Atif MalikCitiBuyUSD 13002026-10-01
Ben ReitzesMelius ResearchBuyUSD 22002026-09-30
C J MuseCantor FitzgeraldBuyUSD 20002026-09-30
Harsh KumarBMO CapitalBuyUSD 13002026-09-30
Joseph QuatrochiWells FargoBuyUSD 14002026-09-23
Chris CasoWolfe ResearchBuyUSD 15002026-09-23
Unknown AnalystDEL_J. Safra SarasinBuyUSD 15002026-09-01
Hans EngelErste GroupBuyN/A2026-06-25
Melissa FairbanksRaymond JamesBuyUSD 15002026-06-25
Mehdi HosseiniSusquehannaBuyUSD 20002026-06-25
SK KimDaiwaBuyUSD 16002026-06-10
Kinngai ChanSummit Insights GroupHoldN/A2026-03-18
Warren LauAletheia CapitalBuyUSD 6502026-03-04
Ricky SeoHSBCBuyUSD 3302025-12-09
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Investment Strengths

Committed Demand and Pricing Power

High committed shipment coverage provides greater demand visibility than purely spot-market exposure, while expected tight conditions and pricing gains can support revenue and margins. This combination may improve earnings durability over the next several quarters despite the memory industry’s cyclicality.

HBM and AI Memory Position

Accelerating HBM demand connects Micron to the structural expansion of AI infrastructure and higher-performance memory requirements. Its NVIDIA collaboration and expected HBM growth can strengthen product relevance, mix, and competitive positioning as AI workloads expand.

Conservative Balance Sheet and Cash Rebound

Low leverage gives Micron financial flexibility to fund capacity, technology development, and downturn resilience without excessive balance-sheet strain. The latest cash-flow rebound further supports internally funded investment, although the company remains exposed to industry-cycle swings.

People also ask

What is the 12-month price target for Micron Technology (MU)?

tipranks publishes an average 12-month price target of USD 1,622 (84.79% Upside), as SmartChecker read it on 2026-10-26. The highest target is USD 3,000 and the lowest is USD 1,200. A price target is an analyst’s estimate of where a share might trade, not a promise, and SmartChecker gives no investment advice.

See tipranks’s own page ↗
How many analysts cover Micron Technology (MU)?

tipranks records 29 analyst ratings: 28 buy, 1 hold and 0 sell, which it summarises as “Strong Buy”, as SmartChecker read it on 2026-10-26.

See tipranks’s own page ↗
What is the tipranks score for Micron Technology (MU)?

tipranks scores it 10 out of 10 and calls that “Outperform”, as SmartChecker read it on 2026-10-26. The score is tipranks’s, not SmartChecker’s, and SmartChecker does not rate listed shares.

See tipranks’s own page ↗
Is this SmartChecker’s own forecast for Micron Technology?

No. Every figure on this page is published by tipranks, copied on 2026-10-26 with a link to the original, and not recalculated. SmartChecker assesses financial companies in Malaysia against the public registers; it makes no forecast of its own and holds no licence to advise on securities.

See tipranks’s own page ↗

Member reviews. Members’ own ratings and words, not SmartChecker’s rating.

These ratings and words are written by SmartChecker members and published immediately without administrator approval. SmartChecker does not rate listed companies: a rating here belongs to whoever wrote it, it counts towards no score of ours, and nothing in it is advice.

Disclaimer

SmartChecker provides informational and financial market news only and does not provide investment, financial or legal advice.

tipranks — Micron Technology (MU)