<div id="readability-page-1"><p>Following Micron Technology's (MU) solid beat-and-raise quarter, Cantor Fitzgerald's five-star analyst C. J. Muse raised his price target from $450 to a new Street-high of $700, implying 51.6% upside. He hailed Micron's results as &#34;another blowout quarter,&#34; fueled by robust pricing across DRAM (dynamic random-access memory) and NAND (not AND).</p><h3>Claim 70% Off TipRanks Premium</h3><ul><li>Unlock  hedge fund-level data  and  powerful investing tools  for smarter, sharper decisions  </li><li> Stay ahead of the market with  the latest news and analysis  and maximize your portfolio's potential</li></ul> <p>Micron designs and manufactures semiconductors, focusing on DRAM (for servers, PCs, AI), NAND flash (for SSDs, mobiles), and storage solutions like SSDs.</p> <p>A longtime Micron bull, Muse ranks #15 out of 12,128 analysts tracked on TipRanks. He boasts a 70% success rate and an impressive average return per rating of 59.70%.  </p> <h2><strong>'Another Quarter, Another Blowout!'</strong></h2> <p>Muse forecasts a tight supply/demand situation through 2027, sustaining Micron's pricing power. The chipmaker guided Q3 earnings per share (EPS) at $19.15 (midpoint), crushing consensus of $12 and buy-side estimates of $15-$17.</p> <p>Muse noted that strong DRAM and NAND pricing drove 81% gross margins, with AI now powering 50% of DRAM demand amid constrained NAND supply from limited additions and KVCache. Micron also upped FY26 capex to $25 billion from $20 billion, mostly for clean rooms and efficiency upgrades to meet AI needs.</p> <p>Muse highlighted Micron's first multi-year supply contract (SCA agreement), though terms remain undisclosed. He expects sustained high margins (97% incremental) and pricing strength through 2026–27, with EPS approaching $100 by 2027.</p> <p>&#34;Stay long and strong Memory and Micron,&#34; Muse urges, naming $MU his <strong>Top Pick</strong>. Muse also remains positive for other memory players, including ASML (ASML) on rising EUV (Extreme Ultraviolet lithography) adoption but bearish for personal computers and smartphone chip makers due to supply cuts.</p> <h2><strong>Should You Buy MU Stock Now?</strong></h2> <p>Analysts remain highly optimistic about Micron's outlook. On TipRanks, MU has a Strong Buy consensus rating based on 24 Buys and two Hold ratings. The average Micron price target of $536.67 implies 16.2% upside potential from current levels. Year-to-date, MU shares have surged 61.8%.</p></div>

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<p>Cantor Fitzgerald's analyst C. J. Muse raised Micron Technology's price target to $700, citing strong quarterly results and robust pricing in DRAM and NAND. Muse forecasts a tight supply/demand situation through 2027, with EPS expected to approach $100 by 2027. Micron's Q3 EPS guidance of $19.15 significantly exceeds consensus estimates. The stock has a Strong Buy consensus rating, with an average target of $536.67, indicating a 16.2% upside. Year-to-date, Micron shares have risen 61.8%.</p>

- Following Micron Technology's strong quarterly performance, analyst C. J. Muse raised the price target from $450 to $700, indicating a 51.6% upside.  
- Muse predicts a tight supply/demand scenario supporting pricing power, with Q3 EPS guidance of $19.15 far exceeding consensus expectations.  
- The average price target for Micron stands at $536.67, suggesting a 16.2% upside, as analysts maintain a Strong Buy consensus rating.

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'Stay Long and Strong Memory and Micron:' 5-Star Analyst Boosts Price Target to Street High