10 AI Stocks Every Investor Should Watch

5. Micron Technology, Inc. (NASDAQ:MU)

Number of Hedge Fund Holders: 94

Micron Technology, Inc. (NASDAQ:MU) is one of the 10 AI Stocks Every Investor Should Watch. On September 24, Barclays analyst Tom O’Malley raised the price target on the stock to $195.00 (from $175.00) while maintaining an Overweight rating. The rating affirmation follows Micron’s Q4 2025 earnings report.

The company reported better-than-expected earnings and revenue as well as a robust forecast for the current quarter. EPS came in at $3.03 vs $2.86 expected, while revenue totaled  $11.32 billion vs. $11.22 billion expected.

According to the analysts, Micron’s “more aggressive” high bandwidth memory commentary along with embedded solid state drive price increases are leading to better near term fundamentals.

Management also highlighted a more positive DRAM and HBM outlook, improving margins and stronger demand across servers, PCs, and autos.

Overall, industry trends are seen to be incrementally positive in the near-term.

“More aggressive HBM commentary coupled with eSSD price increases drive near-term fundamentals higher. Checked boxes on major investor focus points, including a slightly more aggressive DRAM and HBM outlook, better margins, and better end market outlooks in traditional server/PC/Auto. Capex also moves higher from >$13B in FY25 to >$18B in FY26E largely as a function of DRAM capacity increases (LRCX should continue to outperform vs KLAC, AMAT). NAND pricing is also a tailwind in the near-term driven by HDD shortages, although the company is clear this is a structurally different market vs. DRAM and bits are down both this Q and in the guide. Samsung qualification would drastically change the industry dynamic but we have no evidence at this point that qualification is happening. Multiple industry dynamics are leaning more positive in the near term.”

Micron Technology, Inc. (NASDAQ:MU) develops and sells memory and storage products for data centers, mobile devices, and various industries worldwide.