Micron Technology begins 2026 on a high note, driven by multiple analyst upgrades to "Strong Buy" and price targets up to $500, according to Ainvest.com and Rosenblatt Securities. This bullish outlook follows impressive Q1 FY2026 results, featuring 60% gross margins and 57% year-over-year revenue growth.
A major highlight is Micron confirming its entire 2026 High-Bandwidth Memory (HBM) output is fully allocated under contract, underscoring strong AI-driven demand and pricing power. After a modest dip of -2.47% on December 31, 2025, MU shares saw a slight rebound, trading up +0.26% in after-hours on January 01, 2026.