Rosenblatt Micron · MU

Rosenblatt Raises Micron Price Target to $200

Analyst: Hans Mosesmann 1 min read Reproduced verbatim
Rating
Buy
Target
$200
from $172 (+16%)
Outcome
Reached
on October 16, 2025
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What the analyst said

Rosenblatt analyst Hans Mosesmann raised the price target on Micron Technology (NASDAQ: MU) to $200 (from $172) while maintaining a Buy rating.

“The combination of AI applications driving DRAM demand and Micron’s leading power efficiency drove revenue, gross margin, operating margins and profits well above Street expectations.

Outlook is for more of the same. With DRAM wafer capacity expansion over 18 months away, we see this cycle driving Micron’s income model to all-time highs.

We continue recommending MU shares for the relatively low valuation, 12x fP/E, strong balance sheet, expanding margins and earnings leverage.”

Disclaimer
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 $690. 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 $200 target is 87% below the median, the lowest on the Street.

Since the note MU has moved +442% (from $127). The 12-month window closed on June 26, 2026.

Track record

This call✓ Target reached on October 16, 2025, 4 months after the note.

Firm track recordRosenblatt: 60% of its 20 targets at least a year old were reached within 12 months (#24 of 26 firms); on Micron, 4 of 4. Accuracy ranking →

Rosenblatt on Micron

Rosenblatt price targets on Micron

8 calls from March 21, 2025 to June 18, 2026. The target went from $200 to $1,200 (+500%). The rating stayed Buy.

Rosenblatt targetMU share price
  1. June 18, 2026Target raised from $600 (+100%)Buy$1,200
  2. March 19, 2026Target raised from $500 (+20%)Buy$600
  3. December 18, 2025Target raised from $300 (+67%)Buy$500
  4. November 17, 2025Target raised from $250 (+20%)Buy$300
  5. September 24, 2025Target raised from $200 (+25%)Buy$250
  6. September 18, 2025Kept the $200 targetBuy$200
  7. June 26, 2025 This noteKept the $200 targetBuy$200
  8. March 21, 2025Earliest call shownBuy$200
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Other analysts on Micron

Bank of AmericaBuy Kept rating Oct 26 DA DavidsonBuy Kept rating and price target Oct 22 $3,000maintained CantorBuy Kept rating and price target Oct 20 $2,000maintained DA DavidsonBuy Raised price target +43%, kept rating Oct 7 $3,000from $2,100 BairdBuy Kept rating and price target Oct 2 $1,520maintained
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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.