Mizuho Raises Micron Price Target to $740

Analyst: Vijay Rakesh 1 min read Reproduced verbatim
Rating
Outperform
Target
$740
from $545 (+36%)
Outcome
Reached
on May 8, 2026

Mizuho’s latest target on Micron is now $1,400 (Oct 1, 2026); the median of 27 firms is $1,540. Mizuho has reached 88% of its year-old targets (69 scored).

Mizuho and Micron logos

What the analyst said

Mizuho analyst Vijay Rakesh raised the price target on Micron Technology (NASDAQ: MU) to $740.00 (from $545.00) while maintaining an Outperform 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 $733. 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 $740 target is 52% below the median, the lowest on the Street.

Since the note MU has moved +15% (from $640). 12-month window: day 188 of 365, closes on May 6, 2027.

Track record

This call✓ Target reached on May 8, 2026, 2 days after the note.

Firm track recordMizuho: 88% of its 69 targets at least a year old were reached within 12 months (#2 of 26 firms); on Micron, 9 of 9. Accuracy ranking →

Mizuho on Micron

Mizuho price targets on Micron

8 calls from December 18, 2025 to May 27, 2026. The target went from $290 to $1,150 (+297%). The rating stayed Buy.

Mizuho targetMU share price
  1. May 27, 2026Target raised from $800 (+44%)Buy$1,150
  2. May 19, 2026Target raised from $740 (+8%)Buy$800
  3. May 6, 2026 This noteTarget raised from $545 (+36%)Buy$740
  4. April 10, 2026Target raised from $530 (+3%)Buy$545
  5. March 19, 2026Target raised from $480 (+10%)Buy$530
  6. March 12, 2026Kept the $480 targetBuy$480
  7. January 27, 2026Target raised from $290 (+66%)Buy$480
  8. December 18, 2025Earliest call shownBuy$290
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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.