Micron Technology (NASDAQ:MU) Price Target Raised to $2,000.00 at Barclays

Posted by Brian Himes on Jun 25th, 2026

Micron Technology (NASDAQ:MU – Get Free Report) had its target price upped by research analysts at Barclays from $1,175.00 to $2,000.00 in a report issued on Thursday,Benzinga reports. The brokerage presently has an “overweight” rating on the semiconductor manufacturer’s stock. Barclays‘s price objective would indicate a potential upside of 64.80% from the stock’s previous close.

Several other research analysts have also recently issued reports on the stock. Morgan Stanley raised their target price on shares of Micron Technology from $1,050.00 to $1,200.00 and gave the stock an “overweight” rating in a report on Thursday. Citigroup upped their price target on shares of Micron Technology from $1,200.00 to $1,400.00 and gave the company a “buy” rating in a report on Thursday. Summit Insights cut shares of Micron Technology from a “buy” rating to a “hold” rating in a research report on Thursday, March 19th. TD Cowen raised their price target on shares of Micron Technology from $1,500.00 to $1,600.00 and gave the stock a “buy” rating in a report on Thursday. Finally, UBS Group raised their price target on shares of Micron Technology from $535.00 to $1,625.00 and gave the stock a “buy” rating in a report on Tuesday, May 26th. Five equities research analysts have rated the stock with a Strong Buy rating, thirty-one have given a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of $1,228.30.

View Our Latest Analysis on MU

Micron Technology Trading Up 15.7%

Shares of NASDAQ MU traded up $165.05 during midday trading on Thursday, reaching $1,213.56. The company had a trading volume of 81,631,605 shares, compared to its average volume of 45,407,656. The stock has a market cap of $1.37 trillion, a PE ratio of 57.30 and a beta of 2.16. Micron Technology has a one year low of $103.38 and a one year high of $1,255.00. The firm’s fifty day moving average price is $788.74 and its 200-day moving average price is $513.50. The company has a quick ratio of 2.32, a current ratio of 2.90 and a debt-to-equity ratio of 0.13.

Micron Technology (NASDAQ:MU – Get Free Report) last posted its quarterly earnings results on Wednesday, June 24th. The semiconductor manufacturer reported $25.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $20.98 by $4.13. The business had revenue of $41.46 billion for the quarter, compared to analyst estimates of $35.91 billion. Micron Technology had a return on equity of 41.16% and a net margin of 41.49%.Micron Technology’s revenue for the quarter was up 345.8% compared to the same quarter last year. During the same period last year, the company earned $1.91 EPS. Micron Technology has set its Q4 2026 guidance at 30.000-32.000 EPS. On average, equities research analysts anticipate that Micron Technology will post 60.34 earnings per share for the current year.

Insiders Place Their Bets

In related news, CEO Sanjay Mehrotra sold 40,000 shares of Micron Technology stock in a transaction on Friday, May 1st. The shares were sold at an average price of $536.26, for a total value of $21,450,400.00. Following the sale, the chief executive officer owned 424,503 shares in the company, valued at $227,643,978.78. The trade was a 8.61% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Steven J. Gomo sold 2,000 shares of the business’s stock in a transaction on Monday, May 11th. The shares were sold at an average price of $787.03, for a total transaction of $1,574,060.00. Following the transaction, the director directly owned 17,139 shares in the company, valued at approximately $13,488,907.17. The trade was a 10.45% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 146,000 shares of company stock worth $85,486,715 in the last ninety days. Insiders own 0.24% of the company’s stock.

Institutional Investors Weigh In On Micron Technology

Several institutional investors and hedge funds have recently modified their holdings of MU. Basecamp Wealth Advisors LLC lifted its holdings in Micron Technology by 4.5% in the first quarter. Basecamp Wealth Advisors LLC now owns 3,529 shares of the semiconductor manufacturer’s stock worth $1,192,000 after buying an additional 152 shares during the period. Sapient Capital LLC grew its holdings in shares of Micron Technology by 420.5% during the 1st quarter. Sapient Capital LLC now owns 52,995 shares of the semiconductor manufacturer’s stock worth $17,908,000 after acquiring an additional 42,813 shares during the period. Vilga Financial Planning LLC grew its holdings in shares of Micron Technology by 3.5% during the 1st quarter. Vilga Financial Planning LLC now owns 792 shares of the semiconductor manufacturer’s stock worth $268,000 after acquiring an additional 27 shares during the period. Western Wealth Management LLC grew its holdings in shares of Micron Technology by 66.0% during the 1st quarter. Western Wealth Management LLC now owns 5,206 shares of the semiconductor manufacturer’s stock worth $1,759,000 after acquiring an additional 2,070 shares during the period. Finally, PVG Asset Management Corp bought a new position in shares of Micron Technology in the 1st quarter worth approximately $983,000. 80.84% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Micron Technology

Here are the key news stories impacting Micron Technology this week:

Positive Sentiment: Micron beat Q3 estimates by a wide margin, with revenue of $41.46 billion and adjusted EPS of $25.11, showing that AI-driven DRAM and NAND demand is still accelerating. Reuters: Micron forecasts quarterly revenue above estimates
Positive Sentiment: Management guided Q4 revenue to $49 billion-$51 billion and EPS to $30-$32, far above Wall Street expectations, reinforcing the view that the AI memory cycle has more room to run. GlobeNewswire: Micron Technology, Inc. Reports Record Results for the Third Quarter of Fiscal 2026
Positive Sentiment: Analysts quickly raised price targets after the report, with several firms citing stronger visibility from long-term customer agreements and persistent supply shortages. Proactive Investors: Micron shares surge to all-time high as Wall Street cheers unprecedented contract visibility
Positive Sentiment: Micron said customers have committed billions of dollars years in advance for memory supply, suggesting AI infrastructure demand is still outpacing capacity and supporting the stock’s higher valuation. Benzinga: Micron Says AI Customers Are Paying Billions Today For Memory They Won’t Get Until Years Later

Micron Technology Company Profile

(Get Free Report)

Micron Technology, Inc is a global semiconductor company that designs and manufactures memory and storage solutions. Its product portfolio includes dynamic random-access memory (DRAM), NAND flash memory, solid-state drives (SSDs), memory modules and embedded memory solutions for a wide range of computing and electronic devices. Micron supplies components used in data centers, enterprise and cloud infrastructure, client computing, mobile devices, automotive systems and industrial applications, and also markets consumer-facing products under the Crucial brand.

Founded in 1978 and headquartered in Boise, Idaho, Micron has grown into an international manufacturer with research, development and production facilities across multiple regions.