RRosenblatt MMicron · MU
Rosenblatt Raises Micron Price Target to $1,200
Rating
Buy
Price target
$1,200
Previous
—
Upside at publication
+15%
Micron | Rosenblatt
Analyst
Hans Mosesmann
Date
June 18, 2026
12-Month Price Target
$1,200.00
Upside/Downside Implied
Upside 15.0%
Rating
Buy
Rosenblatt analyst Hans Mosesmann raised the price target on Micron Technology (NASDAQ: MU) to $1,200.00 while maintaining a Buy rating.
“With the combination of increasing DRAM and NAND Flash demand and new wafer supply remaining 12 months away, we are lifting our estimates based on average selling prices increasing.
The higher prices have not slowed demand in the data center/server market.
We see potential for HBM price increases which will narrow the gross margin gap with DDR5 and further expand corporate gross margin.
This stronger for longer memory cycle has us lifting our 12-month price target to $1200 based on 10x FY27E Non-GAAP EPS.”
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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.
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