Can Micron (MU) Sustain Momentum? Analysts Point to Pricing Tailwinds

Micron Technology, Inc. (NASDAQ:MU) is 1 of the 10 Trending AI Stocks According to Analysts. As debates astir the durability of the representation rhythm continue, Deutsche Bank precocious took a much constructive outlook connected Micron. The steadfast reiterated the banal arsenic “Buy” and raised its terms people to $500 per stock from $300.

Given the choky proviso and request dynamics successful the representation market, the steadfast anticipates a favorable situation for Micron successful coming quarters.

“…we spot the existent marketplace situation arsenic remaining favorable for MU successful the coming quarters.”

Deutche Bank accrued its calendar twelvemonth 2026 net per stock estimation to $46.50 and raised the terms people connected astir 11 times that fig aft adjusting for choky supply/demand dynamics and amended pricing.

“The people aggregate stands supra the company’s 5 yr median NTM P/E ~10x, fixed unprecedented tightness wrong the representation marketplace arsenic good arsenic MU’s presumption arsenic a apical representation vendor.”

The steadfast is progressively assured successful Micron’s quality to capitalize connected HBM maturation and improved memory-market dynamics. Both of these factors, it believes, volition pb to beardown maturation successful gross and EPS.

Potential downside risks besides exist, specified arsenic further proviso being brought connected by competitors, a deterioration successful representation pricing, changes successful representation contented per application, technological improvement astatine Chinese competitors, and more.

Micron Technology, Inc. (NASDAQ:MU) develops and sells representation and retention products for information centers, mobile devices, and assorted industries worldwide.

While we admit the imaginable of MU arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you’re looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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Disclosure: None. This nonfiction is primitively published at Insider Monkey.