Micron Technology, Inc. (NASDAQ: MU) is a leading player in the semiconductor industry, specializing in memory and storage solutions. The company is known for its dynamic random-access memory (DRAM) and NAND flash memory products. Micron competes with other tech giants like Samsung and SK Hynix in the memory chip market.
On March 2, 2026, Brian Chin from Stifel Nicolaus set a price target of $550 for Micron, suggesting a potential increase of 33.38% from its current price of $412.37. This optimistic outlook aligns with the consensus "Buy" rating from thirty-eight research firms, as highlighted by Marketbeat.
Among these firms, three analysts have given a "hold" rating, while twenty-nine have issued a "buy" rating, and six have assigned a "strong buy" rating. The average twelve-month price target set by brokerages is approximately $358, indicating varied expectations among analysts.
Royal Bank of Canada recently initiated coverage on Micron with an "outperform" rating and a price target of $425. HSBC has also raised its price target from $350 to $500, maintaining a "buy" rating. KeyCorp increased its price objective from $325 to $450, assigning an "overweight" rating to the stock.
Currently, Micron's stock price is $412.37, reflecting a decrease of $3.19 or -0.77%. The stock has traded between $401.20 and $417.91 today. Over the past year, it reached a high of $455.50 and a low of $61.54. Micron's market capitalization stands at approximately $464.13 billion, with a trading volume of 22,246,699 shares on the NASDAQ exchange.
