Raymond James Micron · MU

Raymond James Raises Micron Price Target to $1,500

Analyst: Melissa Fairbanks 1 min read Reproduced verbatim
Rating
Outperform
Target
$1,500
from $1,100 (+36%)
Upside
+117%
MU at $690 today
Raymond James and Micron logos

What the analyst said

Raymond James analyst Melissa Fairbanks raised the price target on Micron Technology (NASDAQ: MU) to $1,500.00 (from $1,100.00) 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 $690. 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 recordRaymond James: 73% of its 11 targets at least a year old were reached within 12 months; on Micron, 3 of 3. Accuracy ranking →

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

Raymond James on Micron

Raymond James price targets on Micron

7 calls from March 21, 2025 to October 1, 2026. The target went from $120 to $1,500 (+1150%). The rating stayed Buy.

Raymond James targetMU share price
  1. October 1, 2026Kept the $1,500 targetBuy$1,500
  2. June 25, 2026 This noteTarget raised from $530 (+183%)Buy$1,500
  3. March 19, 2026Target raised from $310 (+71%)Buy$530
  4. December 18, 2025Target raised from $190 (+63%)Buy$310
  5. September 24, 2025Target raised from $150 (+27%)Buy$190
  6. June 26, 2025Target raised from $120 (+25%)Buy$150
  7. March 21, 2025Earliest call shownBuy$120
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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
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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.