DA Davidson Micron · MU

DA Davidson Affirms Buy on Micron, $3,000 Price Target

October 22, 2026 Analyst: Gil Luria 1 min read Reproduced verbatim
Rating
Buy
Unchanged
Target
$3,000
Unchanged
Upside
+238%
MU at $888 today
DA Davidson and Micron logos

What the analyst said

DA Davidson analyst Gil Luria reiterated a Buy rating and $3,000 price target on Micron Technology (NASDAQ: MU).

“We had the opportunity to listen to Micron’s Technology and Product Leadership Webinar…which focused on upcoming innovations from Micron, along with further stressing the importance of memory in the AI era.

We see Micron as having a leadership position in memory technology, with far wider moats than are implied by the current valuation and reiterate our BUY rating and $3,000 price target…We believe that as investors internalize Micron’s technology leadership and subsequent wide moat, they will become more willing to pay a market multiple for MU.”

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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 $888. 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 $3,000 target is 95% above the median, the highest on the Street.

12-month window: day 1 of 365, closes on October 22, 2027.

Track record

This callOpen: MU has not reached $3,000 yet. This 12-month target is scored on October 7, 2027. Same target as this firm’s October 7, 2026 note, so it is scored there.

Firm track recordDA Davidson: 90% of its 10 targets at least a year old were reached within 12 months (#6 of 28 firms). Accuracy ranking →

DA Davidson on Micron

DA Davidson price targets on Micron

8 calls from April 28, 2026 to October 22, 2026. The target went from $1,000 to $3,000 (+200%). The rating stayed Buy.

DA Davidson targetMU share price
  1. October 22, 2026 This noteKept the $3,000 targetBuy$3,000
  2. October 7, 2026Target raised from $2,100 (+43%)Buy$3,000
  3. October 1, 2026Target raised from $2,000 (+5%)Buy$2,100
  4. September 28, 2026Kept the $2,000 targetBuy$2,000
  5. June 25, 2026Target raised from $1,500 (+33%)Buy$2,000
  6. May 28, 2026Target raised from $1,000 (+50%)Buy$1,500
  7. May 11, 2026Kept the $1,000 targetBuy$1,000
  8. April 28, 2026Earliest call shownBuy$1,000
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Other analysts on Micron

CantorBuy Kept rating and price target · Oct 20 $2,000maintained BairdBuy Kept rating and price target · Oct 2 $1,520maintained CLSABuy Kept rating and price target · Oct 2 $1,700maintained Freedom BrokerBuy Kept rating and price target · Oct 1 $1,600maintained BernsteinBuy Kept rating and price target · Oct 1 $1,300maintained
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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.