Micron Jumps 12% After Price Target Raise From $535 to $1,625: Here’s What’s Driving Wall Street’s Most Bullish Target

1 hour ago 1

David Moadel

Tue, May 26, 2026 astatine 8:32 AM CDT 4 min read

Quick Read

Micron (MU) banal rallied 12% to $843 aft UBS raised its terms people to $1,625, implying a treble from existent levels, with the steadfast projecting EPS exceeding $100 done astatine slightest 2029 arsenic AI-driven structural changes fortify the durability of semipermanent representation proviso agreements.
Micron’s Manassas installation began producing 1-alpha DRAM portion fiscal Q1 2026 gross deed $13.64B (up 57% twelvemonth implicit year), with the company’s Cloud Memory Business Unit astir doubling to $5.28B astatine 66% gross margins.
UBS is positioning its upgrade arsenic a aggregate rerating telephone based connected the content that AI has permanently reshaped representation marketplace fundamentals, making Micron’s net much durable and justifying higher valuations than humanities representation cycles.
Act now: the expert who called NVIDIA successful 2010 conscionable named his apical 10 AI stocks — and Micron Technology didn't marque the cut. Grab the names FREE today.

Shares of Micron Technology (NASDAQ:MU) are up 12% to $843 aft UBS raised its terms people connected MU banal to $1,625 from $535. The steadfast maintained its Buy rating, and the caller fig present stands arsenic the astir bullish people connected Wall Street.

The magnitude of the rise is the story. UBS expert Timothy Arcuri pushed his Micron banal terms people good supra the anterior Wall Street high, arsenic 39 of 44 firms already complaint MU banal a Buy oregon higher, with 4 astatine Hold and 1 astatine Sell.

Act now: the expert who called NVIDIA successful 2010 conscionable named his apical 10 AI stocks — and Micron Technology didn't marque the cut. Grab the names FREE today.

The caller people implies that Micron banal should treble from existent levels. Retail sentiment astir the banal work arsenic neutral implicit the past 24 hours, with immoderate users speculating astir a aboriginal dividend summation oregon banal split.

UBS Pitches a Multiple Rerating

UBS's thesis hinges connected semipermanent representation proviso agreements that the steadfast expects to fastener successful pricing and request visibility crossed overmuch of the industry. Arcuri's enactment projects Micron's net per stock (EPS) volition transcend $100 astatine slightest until 2029.

In the probe note, UBS asserted, "We judge the marketplace volition commencement to enactment a much 'normal' aggregate connected the stock, and MU volition proceed to re-rate higher arsenic much details look astir the structural changes AI has driven to the full representation complex." That framing positions the upgrade arsenic a aggregate enlargement telephone alternatively than a elemental numbers raise.

The statement leans connected the thought that AI-driven structural changes are improving the durability and stableness of the representation market. Investors who person watched anterior representation cycles whip Micron's net astir volition admit however assertive that assertion is.

Read Entire Article