--- title: "Micron Stock (MU) Gets Bullish Reviews from Top Analysts Ahead of 2026. Here's Why" type: "News" locale: "en" url: "https://longbridge.com/en/news/270531781.md" description: "Micron Technology (MU) stock has surged 228% YTD, driven by strong AI demand. Analysts have issued bullish reviews and raised price targets following robust Q1 FY26 results. Bank of America upgraded MU to Buy with a $300 target, Rosenblatt Securities set a $500 target, and Cantor Fitzgerald raised its target to $350. Analysts highlight Micron's strong balance sheet, high gross margins, and positive EPS outlook for 2026-2027. Wall Street consensus rates MU as a Strong Buy with an average price target of $307.69, indicating 11.6% upside potential." datetime: "2025-12-22T20:42:23.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/270531781.md) - [en](https://longbridge.com/en/news/270531781.md) - [zh-HK](https://longbridge.com/zh-HK/news/270531781.md) --- # Micron Stock (MU) Gets Bullish Reviews from Top Analysts Ahead of 2026. Here's Why Micron Technology (MU) stock has rallied by an impressive 228% year-to-date (at the time of writing), as the provider of high-performance memory and storage solutions benefits from robust demand for its products amid the ongoing artificial intelligence (AI) wave. Last week, the company announced market-beating fiscal first-quarter results and issued stellar guidance, sparking bullish reviews and price target hikes by several analysts. Notably, analysts are confident about Micron's prospects in 2026, supported by strong demand for its high-bandwidth memory (HBM) solutions and a spike in memory pricing. ### Claim 50% Off TipRanks Premium and Invest with Confidence - Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions - Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential ## **Top Analysts Are Upbeat on Micron Stock** Following the Q1 FY26 print, Bank of America analyst Vivek Arya upgraded Micron Technology stock to Buy from Hold and increased the price target to $300 from $250. The 5-star analyst said that he upgraded MU stock due to a change in his stance on the durability of the memory cycle, which he now expects to continue into calendar year 2026 amid "restrained supply additions" and AI-led demand, with HBM business projected to triple by 2028. The 5-star analyst also highlighted the quality of Micron's balance sheet and its 30% free cash flow margin. Likewise, Rosenblatt Securities analyst Kevin Cassidy reiterated a Buy rating on MU stock and boosted the price target to a Street-high of $500 from $300. The 5-star analyst noted that Micron's newly negotiated DRAM and NAND flash prices and continued cost declines helped the company issue a record-high gross margin outlook of 68%, with demand expected to surpass supply into calendar year 2027. Cassidy added that he is "moderating" his top-line growth and gross margin expansion estimates for calendar year 2027, as long-term agreements will likely contain the rise in average selling price (ASP). Despite this cautious view, Cassidy expects Micron to deliver earnings per share (EPS) of $36 in Fiscal 2027. "We continue recommending MU for the increasing importance of memory and storage in the Age of AI," concluded Cassidy. Additionally, Cantor Fitzgerald analyst C.J. Muse increased his price target for Micron stock to $350 from $300 and reaffirmed a Buy rating. The 5-star analyst stated that with supply likely to stay tight, Micron's historically high 68% gross margin (guided for Q2 FY26) is expected to rise through 2026. This margin expansion supports Muse's updated bullish outlook for Micron's calendar-year 2026 EPS, which could reach $40 to $50. Muse added that while historically MU traded at a mid- to high-single-digit multiple on peak EPS, he now sees a strong case for a valuation re-rating, with peak multiple potentially rising into the low-teens range. Given the solid upside potential, "Micron remains a TOP PICK" for Muse. ## **Is MU Stock a Good Buy Right Now?** With 28 Buys and two Holds, Wall Street has a Strong Buy consensus rating on Micron Technology stock. The average MU stock price target of $307.69 indicates 11.6% upside potential. ### Related Stocks - [MU.US](https://longbridge.com/en/quote/MU.US.md) ## Related News & Research - [Micron tops $1T valuation amid AI-driven supply crunch](https://longbridge.com/en/news/287853820.md) - [Micron's Monster Rally, Sends These Leveraged ETFs Surging Nearly 40%: What You Should Know](https://longbridge.com/en/news/287721993.md) - [Micron joins the trillion-dollar club: how high can MU shares fly in 2026?](https://longbridge.com/en/news/287677824.md) - [MU vs. SNDK: Which AI Memory Winner Has More Upside Potential in 2026?](https://longbridge.com/en/news/287682732.md) - [Micron Stock (MU) vs Samsung Electronics: AI Demand Drives Both Chip Giants into the Trillion-Dollar Club](https://longbridge.com/en/news/287750170.md)