---
title: "Micron Technology: Undervalued AI-Driven Memory Leader Poised for Rising Margins, EPS and Aggressive Capital Returns, Meriting a Buy Rating"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/300694325.md"
description: "Cantor Fitzgerald analyst C J Muse reiterated a Buy rating on Micron Technology with a $2,000 price target, citing undervaluation driven by AI demand, tightening supply, and rising margins. Bernstein also maintained a Buy rating with a $1,300 target. Both analysts highlight strong free cash flow potential and aggressive capital returns as key investment drivers."
datetime: "2026-10-01T13:55:37.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/300694325.md)
  - [en](https://longbridge.com/en/news/300694325.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/300694325.md)
generator: "portal-rs"
---

# Micron Technology: Undervalued AI-Driven Memory Leader Poised for Rising Margins, EPS and Aggressive Capital Returns, Meriting a Buy Rating

C J Muse, an analyst from Cantor Fitzgerald, reiterated the Buy rating on Micron. The associated price target is $2,000.00.

C J Muse has given his Buy rating due to a combination of factors tied to Micron’s favorable supply-demand backdrop and earnings power. Management is signaling that revenue and margins should rise each quarter over the coming year, supported by a tightening memory and storage supply environment expected to persist into fiscal 2027 and 2028, which underpins materially higher EPS forecasts versus consensus.

C J Muse’s rating is based on Micron’s compelling valuation and capital return profile as this AI-driven cycle unfolds. The shares trade at low multiples on his elevated EPS estimates, while the company is poised to generate strong free cash flow and begin substantial share repurchases once CHIPS Act constraints ease, reinforcing his view that the stock is undervalued and merits a Buy recommendation. 

In another report released today, Bernstein also maintained a Buy rating on the stock with a $1,300.00 price target.

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## Related News & Research

- [Why Micron’s 87% gross margin is a blessing and a curse](https://longbridge.com/en/news/300718008.md)
- [Micron reports another beat-and-raise earnings. The stock is unchanged.](https://longbridge.com/en/news/300617796.md)
- [Micron's blowout Q4 pushes memory peak further out – but investors still see a cycle risk](https://longbridge.com/en/news/300664237.md)
- [Micron's Customers Are Worried About Securing DRAM Even 5 Years From Now](https://longbridge.com/en/news/300712063.md)
- [Micron Technology Says Expect Memory & Storage Supply-Demand Conditions To Be Much Tighter In Fiscal 2027 & 2028 Than In 2026](https://longbridge.com/en/news/300625098.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**