October 7, 2026
Analyst Bio:
Micron Technology (MU) stock got a bigger target from Rosenblatt on Thursday, October 1. The firm raised its price target to $1,900 from $1,500 and kept its Buy rating. The stock traded near $1,065 at the time, so the new target sat about 78% higher.
Analyst Kevin Cassidy called Micron's fiscal fourth quarter an "anticipated beat-and-raise quarter." His case rests on two forecasts: gross margins that keep widening through fiscal 2027, and more than $100 billion of free cash flow that year, with heavy buybacks to follow. DA Davidson went further the same day and lifted its target to a Street-high $2,100.
