---
title: "Analysts lift Micron targets past $1,000 amid AI boom"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286907521.md"
description: "Analysts from Melius Research and Bank of America have raised Micron's price targets to $1,100 and $950, respectively, driven by AI demand and supply constraints. Despite trading above $700, analysts consider Micron's forward P/E of near 8 and strong earnings growth as reasonable. The stock has experienced significant volatility, rising from $300 to over $800 before a recent decline due to sector concerns."
datetime: "2026-05-19T11:59:18.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286907521.md)
  - [en](https://longbridge.com/en/news/286907521.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286907521.md)
---

# Analysts lift Micron targets past $1,000 amid AI boom

Record price targets: Melius Research and Bank of America sharply increased Micron's price forecasts to $1,100 and $950, citing AI-driven demand and supply constraints. Valuation debate: While Micron trades above $700, its forward P/E near 8 and rapid earnings growth lead many analysts to see it as still reasonably priced. Volatility backdrop: Shares have swung sharply, climbing from $300 to over $800 before a recent pullback, as sector-wide jitters and geopolitical concerns weighed.

### Related Stocks

- [MU.US](https://longbridge.com/en/quote/MU.US.md)
- [SOXX.US](https://longbridge.com/en/quote/SOXX.US.md)
- [SMH.US](https://longbridge.com/en/quote/SMH.US.md)
- [DRAM.US](https://longbridge.com/en/quote/DRAM.US.md)
- [SOXQ.US](https://longbridge.com/en/quote/SOXQ.US.md)
- [FTXL.US](https://longbridge.com/en/quote/FTXL.US.md)
- [PSI.US](https://longbridge.com/en/quote/PSI.US.md)
- [MUU.US](https://longbridge.com/en/quote/MUU.US.md)
- [XSD.US](https://longbridge.com/en/quote/XSD.US.md)
- [BAC.US](https://longbridge.com/en/quote/BAC.US.md)
- [BAC-Q.US](https://longbridge.com/en/quote/BAC-Q.US.md)
- [BML-L.US](https://longbridge.com/en/quote/BML-L.US.md)
- [BAC-L.US](https://longbridge.com/en/quote/BAC-L.US.md)
- [BAC-K.US](https://longbridge.com/en/quote/BAC-K.US.md)
- [BML-H.US](https://longbridge.com/en/quote/BML-H.US.md)
- [BAC-N.US](https://longbridge.com/en/quote/BAC-N.US.md)
- [BAC-E.US](https://longbridge.com/en/quote/BAC-E.US.md)
- [MER-K.US](https://longbridge.com/en/quote/MER-K.US.md)
- [BAC-O.US](https://longbridge.com/en/quote/BAC-O.US.md)
- [BML-G.US](https://longbridge.com/en/quote/BML-G.US.md)
- [BAC-M.US](https://longbridge.com/en/quote/BAC-M.US.md)
- [BAC-B.US](https://longbridge.com/en/quote/BAC-B.US.md)
- [BML-J.US](https://longbridge.com/en/quote/BML-J.US.md)
- [BAC-S.US](https://longbridge.com/en/quote/BAC-S.US.md)
- [BAC-P.US](https://longbridge.com/en/quote/BAC-P.US.md)
- [8648.JP](https://longbridge.com/en/quote/8648.JP.md)

## Related News & Research

- [Should You Buy Micron Technology Stock Now or Wait for a Dip?](https://longbridge.com/en/news/286937919.md)
- [Is Micron Stock Expensive at $725? Here's the Math on Why Shares Are Still Dirt Cheap.](https://longbridge.com/en/news/286878649.md)
- [As South Korea Walks Back Its AI Tax Proposal, the Brief Selloff in MU Stock Is a Non-Event](https://longbridge.com/en/news/286445969.md)
- [Micron and Texas Instruments Get Price Target Boost as Top Mizuho Analyst Sees Strong Chip Demand](https://longbridge.com/en/news/286954735.md)
- [Micron Stock (MU) Surges 154% YTD; Do Analysts See More Upside?](https://longbridge.com/en/news/286651011.md)