Cantor Fitzgerald Reiterates ‘Overweight’ Rating on Micron Technology, Inc. (MU) With $155 PT

With strong hedge fund interest and a low price-to-earnings ratio, Micron Technology, Inc. (NASDAQ:MU) secures a place on our list of the 10 Most Undervalued Value Stocks to Buy Now.

Cantor Fitzgerald Reiterates ‘Overweight’ Rating on Micron Technology, Inc. (MU) With $155 PT

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On August 12, 2025, Cantor Fitzgerald reiterated its ‘Overweight’ rating on Micron Technology, Inc. (NASDAQ:MU) with a $155 price target. This reaffirmation follows the company’s raised guidance for its August quarter.

Furthermore, the analyst highlighted the improving outlook for DRAM supply and demand, driving its bullish stance. Meanwhile, continued improvements in the NAND market are also noted. At the same time, Micron Technology, Inc. (NASDAQ:MU)’s ongoing efforts to deliver premium memory and storage solutions fuel the analyst sentiment. Lastly, the analyst dismissed the concerns about High Bandwidth Memory (HBM), stating its pricing and margins are “overdone.”

Primarily operating across the United States, Taiwan, Singapore, Japan, Malaysia, China, and India, Micron Technology, Inc. (NASDAQ:MU) manufactures and sells memory and storage products. It is included in our list of the most undervalued value stocks to buy.

While we acknowledge the potential of MU to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than MU and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None.