Citi Micron · MU

Citi Lowers Micron Price Target to $425

Analyst: Atif Malik 1 min read Reproduced verbatim
Rating
Buy
Target
$425
from $510 (−17%)
Outcome
Reached
on April 13, 2026
Citi and Micron logos

What the analyst said

Citi analyst Atif Malik lowered the price target on Micron Technology (NASDAQ: MU) to $425.00 (from $510.00) while maintaining a Buy rating.

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 $425 target is 72% below the median, the lowest on the Street.

Since the note MU has moved +104% (from $322). 12-month window: day 219 of 365, closes on March 31, 2027.

Track record

This call✓ Target reached on April 13, 2026, 13 days after the note.

Firm track recordCiti: 88% of its 41 targets at least a year old were reached within 12 months (#3 of 26 firms); on Micron, 9 of 9. Accuracy ranking →

Citi on Micron

Citi price targets on Micron

8 calls from December 10, 2025 to June 17, 2026. The target went from $300 to $1,200 (+300%). The rating stayed Buy.

Citi targetMU share price
  1. June 17, 2026Target raised from $840 (+43%)Buy$1,200
  2. May 19, 2026Target raised from $425 (+98%)Buy$840
  3. March 31, 2026 This noteTarget cut from $510 (−17%)Buy$425
  4. March 19, 2026Target raised from $430 (+19%)Buy$510
  5. March 9, 2026Target raised from $385 (+12%)Buy$430
  6. January 15, 2026Target raised from $330 (+17%)Buy$385
  7. December 18, 2025Target raised from $300 (+10%)Buy$330
  8. December 10, 2025Earliest call shownBuy$300
Share

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
Share on
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.