Micron Technology Inc. (NASDAQ: MU) has managed to deliver more and more impressive results. It was already among the best of the best tech gainers in the S&P500. Even before earnings, it was up 267% year-to-date and up 719% from a year ago. And Wednesday’s early trading action after a 17% gain to $1,226.00 represented an all-time high. It is hard to imagine that Micron’s 52-week range is $103.38 – $1,213.56. Wall Street is now even more bullish, with some firms raising their price targets even much higher (like $1,500 and even $2,000) after having already raised price targets in recent weeks.
Oggonomics does not chase shares based solely on analyst ratings and price targets. After all, analysts can be wrong and the underlying companies that are being followed can fall short of expectations. Still, investors often lean into research reports for insight and deciding whether the sentiment remains favorable or not.
The new upside price targets being seen on June 25 (2026) are bold. That’s even after other recent price target hikes have been seen in recent days and weeks ahead of the earnings report. While these are not likely the last of the price targets seen, this montage covers nearly 20 brokerage firm ratings and price target hikes seen after the earnings report:
- Argus (Buy) price target raised to $1,500 from $540.
- BofA (Buy) price objective raised to $1550 from $1500, after a fresh target raise from $950 on June 22.
- Barclays (Overweight) target raised to $2,000 from $1,175, after raising from $675 on May 27.
- BNP Paribas (Outperform) target raised to $1,700 from $615.
- Citigroup (Buy) raised target to $1,400 from $1,200, after raising from $840 on June 17.
- D.A. Davidson (Buy) raised target price to $2,000 from $1,500.
- Goldman Sachs (Neutral) price target raised to $1,100 from $900.
- JPMorgan (Overweight) price target raised to $1,540 from $550.
- KeyBanc (Overweight) raised price target to $1,600 from $600.
- Mizuho raised price target to $1,375 from $1,150, after raising from $800 on May 28.
- Morgan Stanley (Overweight) target to $1,200 from $1,050, after raising from $520 on June 3.
- Needham raised to $1650 from $1550, after a fresh target raise from $500 on June 22.
- Raymond James (Outperform) raised to $1,500 from $1,100, after raising the target from $530 on June 1.
- RBC Capital Markets (Outperform) raised target to $1,500 from $1,200, after raising from $525 on June 15.
- Rosenblatt (Buy) target raised to $1,500 from $1,200, after raising from 600 on June 18.
- Susquehanna (Positive) raised price target to $2,000 from $1,750, after raising the target from $600 on May 29.
- TD Cowen (Buy) raises target price to $1600 from $1500, after raising from $650 on June 15.
- Wells Fargo (Overweight) raised target price to $1,525 from $1,220, after raising from $550 on June 8.
Please note that all ratings and price targets are from the firms mentioned by name above. Oggonomics does not issue formal ratings and price targets of its own on Micron or any of its peers and competitors.
