---
title: "Micron sees bullish views at Citi on expected DRAM price hike"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286904166.md"
description: "Citi has raised its price target for Micron Technology (MU) from $425 to $840, anticipating a 40% increase in DRAM prices in Q2 following Samsung's 100% hike. The firm maintains a Buy rating, projecting DRAM ASPs to rise 200% YoY in 2026. Analysts noted tight HBM supply and expect further price increases in 2027. Despite this positive outlook, Micron's shares fell 1% premarket."
datetime: "2026-05-19T11:33:18.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286904166.md)
  - [en](https://longbridge.com/en/news/286904166.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286904166.md)
---

# Micron sees bullish views at Citi on expected DRAM price hike

Citi raised the price target on Micron Technology's (MU) stock to $840 from $425, citing expectations that the company would raise Dynamic Random-Access Memory, or DRAM, prices. The firm kept its Buy rating on Micron's shares. "We raise our price target on Micron from $425 (5x C27 EPS) to $840 (8x C27 EPS) as we believe Micron is raising DRAM price...

### Related Stocks

- [MU.US](https://longbridge.com/en/quote/MU.US.md)
- [MUU.US](https://longbridge.com/en/quote/MUU.US.md)
- [DRAM.US](https://longbridge.com/en/quote/DRAM.US.md)
- [C.US](https://longbridge.com/en/quote/C.US.md)
- [C-R.US](https://longbridge.com/en/quote/C-R.US.md)

## Related News & Research

- [Changxin Technology's IPO Resumes, Earning Nearly 400 Million Yuan Daily: From a Loss of 36.6 Billion Yuan to Fourth Globally.](https://longbridge.com/en/news/286768752.md)
- [DRAM ETF is firing on all cylinders, but beware of major risks](https://longbridge.com/en/news/286581778.md)
- [This memory chip ETF is off the charts. The chip stock boom is only part of it.](https://longbridge.com/en/news/286614407.md)
- [The DRAM ETF’s Record Success Warns of a Dot-Com Bubble Burst. We’re Just Waiting for the Explosion.](https://longbridge.com/en/news/286304670.md)
- [DRAM prices soar nearly 500% as AI fuels shortage](https://longbridge.com/en/news/286214737.md)