Barclays Raises Micron Price Target to $115

March 21, 2025 Analyst: Tom O'Malley 1 min read Reproduced verbatim
Rating
Buy
Target
$115
from $110 (+5%)
Outcome
Reached
on June 11, 2025
Barclays and Micron logos

What the analyst said

Barclays analyst Tom O’Malley raised the price target on Micron Technology (NASDAQ: MU) to $115 (from $110) while maintaining an Overweight rating.

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The price target and rating on this page are the opinion of the issuing research firm and its analyst, not of Price Target. This page is published for informational purposes only and is not investment advice, a recommendation, or an offer to buy or sell any security. Past performance does not guarantee future results. Consider your own circumstances and consult a licensed financial adviser before making investment decisions.

This research note is reproduced verbatim from the issuing firm. Price Target never edits, paraphrases or alters analysts’ words — we only republish them in one place.

Where the price stands

MU trades at $905. The 27 analysts who set a target in the last 3 months range from $1,200 to $3,000, with a median of $1,540. This $115 target is 93% below the median, the lowest on the Street.

Since the note MU has moved +779% (from $103). The 12-month window closed on March 21, 2026.

Track record

This call✓ Target reached on June 11, 2025, 3 months after the note.

Firm track recordBarclays: 81% of its 26 targets at least a year old were reached within 12 months (#16 of 28 firms); on Micron, 5 of 5. Accuracy ranking →

Barclays on Micron

Barclays price targets on Micron

8 calls from March 21, 2025 to December 18, 2025. The target went from $115 to $275 (+139%). The rating stayed Buy.

Barclays targetMU share price
  1. December 18, 2025Target raised from $240 (+15%)Buy$275
  2. October 20, 2025Target raised from $195 (+23%)Buy$240
  3. September 24, 2025Target raised from $175 (+11%)Buy$195
  4. September 19, 2025Target raised from $140 (+25%)Buy$175
  5. August 11, 2025Kept the $140 targetBuy$140
  6. June 26, 2025Target raised from $95 (+47%)Buy$140
  7. April 22, 2025Target cut from $115 (−17%)Buy$95
  8. March 21, 2025 This noteEarliest call shownBuy$115
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Price Target is an archive of Wall Street analyst research, published for informational purposes only. Nothing on this site is investment advice, a recommendation, or an offer to buy or sell any security. Analyst ratings and price targets are the opinions of the issuing firms, not of Price Target. Always do your own research or consult a licensed financial adviser.