Micron Technology, Inc. (NASDAQ:MU) is one of the AI Stocks Analysts Are Watching CloselyOn October 16, UBS reiterated the stock as “Buy” and raised its price target on shares of Micron from $225 to $245.

The firm believes that memory shortages are acute and worsening, particularly in DRAM. It now sees 2026 EPS close to $30.

“Our latest round of industry checks points to a very robust demand environment being met by acute and worsening DRAM supply shortages – we are increasing pricing once again, now see C2026E EPS power approaching $30, and raising PT from $225 to $245.”

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

While we acknowledge the risk and potential of MU as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than MU and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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