Wolfe Research Raises Micron Price Target to $1,500

Analyst: Chris Caso 1 min read Reproduced verbatim
Rating
Outperform
Target
$1,500
from $1,250 (+20%)
Upside
+118%
MU at $688 today
Wolfe Research and Micron logos

What the analyst said

Wolfe Research analyst Chris Caso raised the price target on Micron Technology (NASDAQ: MU) to $1,500.00 (from $1,250.00) while maintaining an Outperform 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 $688. 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 $1,500 target is 3% below the median.

Since the note MU has moved −34% (from $1,049). 12-month window: day 134 of 365, closes on June 25, 2027.

Track record

This callOpen: MU has not reached $1,500 yet. This 12-month target is scored on June 25, 2027.

Firm track recordWolfe Research: 91% of its 11 targets at least a year old were reached within 12 months; on Micron, 4 of 4. Accuracy ranking →

Earnings reactionOne of 22 notes after Micron’s Jun 24 results: 20 raised · 0 cut · 0 kept. See every call →

Wolfe Research on Micron

Wolfe Research price targets on Micron

8 calls from September 17, 2025 to June 25, 2026. The target went from $180 to $1,500 (+733%). The rating stayed Buy.

Wolfe Research targetMU share price
  1. June 25, 2026 This noteTarget raised from $1,250 (+20%)Buy$1,500
  2. June 11, 2026Target raised from $550 (+127%)Buy$1,250
  3. March 19, 2026Target raised from $500 (+10%)Buy$550
  4. March 11, 2026Target raised from $350 (+43%)Buy$500
  5. December 18, 2025Target raised from $300 (+17%)Buy$350
  6. December 2, 2025Target raised from $200 (+50%)Buy$300
  7. September 24, 2025Target raised from $180 (+11%)Buy$200
  8. September 17, 2025Earliest call shownBuy$180
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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.