Mizuho Micron · MU

Mizuho Raises Micron Price Target to $800

Analyst: Vijay Rakesh 1 min read Reproduced verbatim
Rating
Outperform
Target
$800
from $740 (+8%)
Outcome
Reached
on May 26, 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 $800.00 (from $740.00) while maintaining an Outperform rating.

“Reiterate Outperform, raise PT to $800 (prior: $740), 3.9x our F27E P/B (prior: 3.5x), as we see pricing strong in NAND/DRAM into 2H26E and 2027E, driven by AI servers as HBM and eSSD ramp, with potential for HBF to further tighten NAND supply in 2027E.

We note potential for further pricing tailwinds for MU/Hynix as a potential Samsung strike looms, while MU also is expected to report MayQ earnings on June 24.”

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 $708. 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 $800 target is 48% below the median, the lowest on the Street.

Since the note MU has moved +4% (from $682). 12-month window: day 175 of 365, closes on May 19, 2027.

Track record

This call✓ Target reached on May 26, 2026, 7 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 January 27, 2026 to June 25, 2026. The target went from $480 to $1,375 (+186%). The rating stayed Buy.

Mizuho targetMU share price
  1. June 25, 2026Target raised from $1,150 (+20%)Buy$1,375
  2. May 27, 2026Target raised from $800 (+44%)Buy$1,150
  3. May 19, 2026 This noteTarget raised from $740 (+8%)Buy$800
  4. May 6, 2026Target raised from $545 (+36%)Buy$740
  5. April 10, 2026Target raised from $530 (+3%)Buy$545
  6. March 19, 2026Target raised from $480 (+10%)Buy$530
  7. March 12, 2026Kept the $480 targetBuy$480
  8. January 27, 2026Earliest call shownBuy$480
Share

Other analysts on Micron

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