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Micron Technology (MU) Price Targets Raised by Analysts

Micron Technology, Inc. (NASDAQ:MU) is one of the 15 Best Performing AI Stocks Heading into 2026. On November 24, Morgan Stanley reiterated its Buy rating on Micron Technology, Inc. (NASDAQ:MU) and raised the price target from $325 to $338.

In other news, on November 17, Rosenblatt increased its price target on Micron Technology, Inc. (NASDAQ:MU) from $250 to $300 and kept its Buy rating on the stock.

Rosenblatt noted that demand for DRAM is growing. However, the DRAM supply growth is expected to be limited through 2026. The research firm pointed out that the demand for DRAM is increasing, driven by AI accelerators requiring High Bandwidth Memory (HBM) and AI models being deployed at the network edge, including smartphones and PCs.

The research firm observed that prices for DRAM and NAND are rising faster than previously expected. This led Rosenblatt to raise its financial projections for Micron Technology, Inc. (NASDAQ:MU).

Previously, on November 7, Wells Fargo also increased its price target on Micron Technology, Inc. (NASDAQ:MU) to $300 from $220 and maintained an Overweight rating. This update came after meetings with the company’s CEO, Sanjay Mehrotra and Executive Vice President of Global Operations, Manish Bhatia.

Wells Fargo pointed out that the meetings confirmed the firm’s positive view of Micron Technology, Inc.’s (NASDAQ:MU) strong market position, solid execution, and the outlook for the memory industry.

Micron Technology, Inc. (NASDAQ:MU) is a leading semiconductor technology company that is known for its innovative memory and storage solutions. The company offers a portfolio of high-performance DRAM, NAND, and NOR memory and storage products.

While we acknowledge the potential of MU as an investment, 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 a 100x upside potential, check out our report about the cheapest AI stock.

READ NEXT: 15 Best Aggressive Growth Stocks to Buy Right Now and 12 Best American Penny Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

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In fact, Verge argues this company’s supercheap AI technology should concern rivals.

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  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

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