Wedbush Micron · MU

Wedbush Raises Micron Price Target to $300

Analyst: Matthew S. Bryson 1 min read Reproduced verbatim
Rating
Outperform
Target
$300
from $220 (+36%)
Outcome
Reached
on January 2, 2026
Wedbush and Micron logos

What the analyst said

Wedbush analyst Matthew S.

Bryson raised the price target on Micron Technology (NASDAQ: MU) to $300 (from $220) while maintaining an Outperform rating.

“We are raising our estimates and PT for Micron ahead of earnings this Wednesday as better memory industry conditions through the course of the past few months have set up MU to benefit from a sharper lift in ASPs than we had previously anticipated.

Our PT lift from $220 to $300, based on 10x our updated FY’27 EPS. Expect Another Beat And Raise – This past quarter saw a backdrop of rapidly improving memory pricing.

DRAM spot prices saw steep gains in September and October, with manufacturers also lifting pricing considerably for smaller customers.

NAND benefited from a similar lift in pricing, albeit with sharp gains coming in October/November.”

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 $656. 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 $300 target is 81% below the median, the lowest on the Street.

Since the note MU has moved +172% (from $241). 12-month window: day 325 of 365, closes on December 15, 2026.

Track record

This call✓ Target reached on January 2, 2026, 18 days after the note.

Firm track recordWedbush: 65% of its 23 targets at least a year old were reached within 12 months (#20 of 26 firms); on Micron, 3 of 3. Accuracy ranking →

Wedbush on Micron

Wedbush price targets on Micron

8 calls from March 21, 2025 to June 25, 2026. The target went from $130 to $1,400 (+977%). The rating stayed Buy.

Wedbush targetMU share price
  1. June 25, 2026Target raised from $1,300 (+8%)Buy$1,400
  2. June 18, 2026Target raised from $500 (+160%)Buy$1,300
  3. March 13, 2026Target raised from $320 (+56%)Buy$500
  4. December 18, 2025Target raised from $300 (+7%)Buy$320
  5. December 15, 2025 This noteTarget raised from $200 (+50%)Buy$300
  6. September 18, 2025Target raised from $150 (+33%)Buy$200
  7. June 20, 2025Target raised from $130 (+15%)Buy$150
  8. March 21, 2025Earliest call shownBuy$130
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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.