Goldman Sachs Starts Micron at Neutral, $130 Price Target

July 10, 2025 Analyst: James Schneider 1 min read Reproduced verbatim
Rating
Hold
New coverage
Target
$130
First target
Outcome
Reached
on September 5, 2025
Goldman Sachs and Micron logos

What the analyst said

Goldman Sachs analyst James Schneider initiates coverage on Micron Technology (NASDAQ: MU) with a Neutral rating and a price target of $130.

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 $896. 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 $130 target is 92% below the median, the lowest on the Street.

Since the note MU has moved +633% (from $122). The 12-month window closed on July 10, 2026.

Track record

This call✓ Target reached on September 5, 2025, 2 months after the note.

Firm track recordGoldman Sachs: 86% of its 21 targets at least a year old were reached within 12 months (#14 of 28 firms); on Micron, 1 of 3. Accuracy ranking →

Goldman Sachs on Micron

Goldman Sachs price targets on Micron

8 calls from July 10, 2025 to October 1, 2026. The target went from $130 to $1,250 (+862%). The rating stayed Hold.

Goldman Sachs targetMU share price
  1. October 1, 2026Target raised from $1,100 (+14%)Hold$1,250
  2. June 25, 2026Target raised from $235 (+368%)Hold$1,100
  3. December 18, 2025Target raised from $205 (+15%)Hold$235
  4. December 3, 2025Target raised from $145 (+41%)Hold$205
  5. September 24, 2025Target raised from $130 (+12%)Hold$145
  6. September 23, 2025Kept the $130 targetHold$130
  7. September 3, 2025Kept the $130 targetHold$130
  8. July 10, 2025 This noteEarliest call shownHold$130
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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.