Analysts raise Micron’s price targets to $1,100 and $1,750 on surging AI infrastructure demand and tight memory supply.
Micron Technology (NASDAQ:MU) has seen its price targets surge as hedge funds and analysts bet on an 80.2% upside driven by AI infrastructure demand. Raymond James lifted its target to $1,100 from $530 on June 1, 2026, citing disciplined industry capacity and unprecedented demand conditions.
The bullish outlook follows Susquehanna’s May 29, 2026, upgrade to $1,750 from $600, with checks showing DRAM prices rising 50-60% quarter-over-quarter. Supply remains sold out for years, with strong pricing and long-term customer visibility supporting valuations.
Analysts maintain positive ratings ahead of Micron’s upcoming earnings, highlighting sustained momentum in the memory market.