Wall Street analysts raised price targets for Micron Technology on March 9, 2026. Citigroup maintained a Buy rating and increased its price target to $430 from $385. Susquehanna reiterated a Positive rating and raised its target to $525 from $345. This new high target implies a 45% upside from the previous closing price.
Soaring demand for AI-related memory chips fuels the current bullish sentiment. Micron expects to report quarterly earnings on March 18. Analysts anticipate a double beat on revenue and earnings per share. Surging DRAM prices and customer prepayments to secure supply drive these expectations.
Micron has already sold out its entire 2026 high-bandwidth memory capacity. This supply shortage de-risks the company’s long-term revenue projections.