MU
Micron Technology, Inc. · Technology · Semiconductors
ZACKSHoldTECHBuy
R500#41 today
TARGET+40%
$1,097.39
+3.03% today · +1.56% 1W
Oct 1 close or latest
PreviewWhy it's moving
Analyst target raises behind the outperformance
- MU +3.03% on the last session vs SPY +0.18%: +2.9 pts of stock-specific move.
- 745 Reddit mentions in the past 24 hours, 72% positive over the week · today's pace is 2.4× its recent daily average.
- 13 analyst actions in the past 10 days (5 positive, 1 negative); latest: Rosenblatt maintained Buy, raised target $1,500 → $1,900.
- Market backdrop (Wed): Core PCE Price Index m/m 0.2% vs 0.3% expected (cooler); Final GDP q/q 2.2% vs 1.5% expected (stronger); S&P futures +0.18%, 10-year yield +0bp in the 30 minutes after.
Assembled from Wallsti's own signals. The news-reading agent will explain the move with timestamped sources, and say so when there is no clear catalyst.
Key facts
- Market cap
- $1.20T
- Held by institutions
- 79.9%
- Short interest
- 2.5%
- 52-week range
- 179.61–1,255.00
- Analyst mean target
- $1,533.80
- Forward P/E
- 5.3
Recent events
Analyst ▲
Rosenblatt maintained Buy, raised target $1,500 → $1,900Analyst ▲
DA Davidson maintained Buy, raised target $2,000 → $2,100Analyst
RBC Capital reiterated Outperform, target $1,500Analyst
TD Cowen reiterated Buy, target $1,600Analyst
Morgan Stanley reiterated Overweight, target $1,200Analyst ▲
Mizuho maintained Outperform, raised target $1,300 → $1,400Analyst
Needham reiterated Buy, target $1,650Analyst
Cantor Fitzgerald reiterated Overweight, target $2,000Analyst ▲
Baird maintained Outperform, raised target $1,280 → $1,520Analyst
Wedbush reiterated Outperform, target $1,400