Micron (MU) Price Target Raised on Tight Memory Supply Through 2026

Analysts are powerfully affirmative connected Micron arsenic they spot beardown pricing powerfulness ahead, driven by choky proviso and high-value HBM4 merchandise positioning. In an capitalist note, analysts highlighted however Micron is acceptable to payment from choky representation proviso and higher pricing astatine slightest done the extremity of 2026. It believes each signals are pointing towards a robust twelvemonth ahead.

“Supply Tightness to Support Pricing Throughout 2026: As antecedently stated, proviso for calendar 2026 is efficaciously sold out, with constricted quality to adhd capacity. Management noted pricing for precocious worth products, specified arsenic HBM4, volition beryllium worth derived."

"We proceed to presumption the institution arsenic highly good positioned arsenic request should proceed to outstrip supply. Overall, Micron appears to beryllium highly well-positioned passim 2026 and, to immoderate degree, beyond. All incremental signals constituent to a beardown 2026. We reiterate our Overweight rating.”

Analyst Harsh Kumar besides noted that incremental proviso requires “new cleanable country abstraction to accommodate finer enactment widths, portion besides shrink is hard to achieve. This is wherefore the manufacture is witnessing accelerating multiyear agreements arsenic representation has go considerably much important owed to the trouble of engineering existent representation generations.

“As such, customers are seeking multiyear proviso assurances. MU is expected to bring connected astir 20% much proviso successful 2026 versus 2025, driven by node transitions arsenic good arsenic tremendous efforts to summation supply."

Micron Technology, Inc. (NASDAQ:MU) develops and sells representation and retention products for information centers, mobile devices, and assorted industries worldwide.

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