Mizuho Raises Price Target on Micron Technology, Inc. (MU)

Micron Technology, Inc. (NASDAQ:MU) is one of the 10 Best Performing Quantum Computing Stocks So Far in 2026.

On May 19, Mizuho raised its target on Micron Technology, Inc. (NASDAQ:MU) to $800 from $740. It maintained an “Outperform” rating on the shares. The firm noted that stronger AI pushed demand across memory and analog markets.

Mizuho said channel checks show constant tailwinds from AI server ramps, with NAND and DRAM demand strengthening. The firm also expects supply to remain tight into the first half of 2027 and flagged a potential Samsung strike, the analyst told investors.

On May 12, Micron Technology, Inc. (NASDAQ:MU) reported that it had sampled 256GB DDR5 RDIMM modules to ecosystem partners.   The company stated that it can reach rates of up to 9,200 MT/s, more than 40% faster than current modules, built on its 1-gamma DRAM technology. The module also reduces operating power by over 40% as compared to two 128GB units.

Image by aymane jdidi from Pixabay

Senior vice president and general manager of the Cloud Memory Business Unit at Micron Technology, Inc. (NASDAQ:MU), Raj Narasimhan, said the product allows “significantly higher performance.”

Micron Technology, Inc. (NASDAQ:MU) provides innovative memory and storage solutions. It operates in four segments: Compute and Networking Business Unit, Mobile Business Unit, Embedded Business Unit, and Storage Business Unit.

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