Micron Technology (MU) News Today

Micron Technology (NASDAQ:MU) shares have seen mixed moves ahead of the company’s fiscal Q4 earnings report, with a wave of analyst upgrades and bullish AI-memory demand forecasts offset by profit-taking and caution that its recent hot streak may be pausing.

• Positive Sentiment: Barclays raised its price target on MU to $175 and maintained an “overweight” rating, reflecting strong memory market momentum. Barclays Report
• Positive Sentiment: TD Cowen lifted its price objective to $180 with a “buy” rating, highlighting AI-driven demand prospects. TD Cowen Report
• Positive Sentiment: Wedbush increased its target to $200 and gave an “outperform” rating, calling recent memory market shifts “the week that changed the memory world.” Wedbush Note
• Positive Sentiment: Rosenblatt reaffirmed a “buy” with a $200 target, backing Micron’s valuation amid solid AI-memory demand forecasts. Rosenblatt Report
• Positive Sentiment: Zacks highlights AI-driven memory surge and NVIDIA partnerships as key catalysts ahead of MU’s Q4 results. Zacks Q4 Preview
• Positive Sentiment: Analysts say Micron’s fiscal Q4 will benefit from continued AI adoption, with strong results anticipated. Benzinga Preview
• Positive Sentiment: Zacks flags MU as a “stock to watch” due to robust earnings growth and price strength. Zacks Focus List
• Positive Sentiment: G9 NAND SSD lineup launch is seen as the next growth catalyst, bolstering Micron’s AI storage prospects. Zacks NAND Catalyst
• Positive Sentiment: Deutsche Bank calls MU bullish ahead of earnings, citing strong AI-memory demand. Deutsche Bank Outlook
• Neutral Sentiment: Zacks questions whether to buy, sell or hold as MU projects Q4 revenue of $10.7B and EPS of $2.50. Zacks Rating Analysis
• Neutral Sentiment: Zacks notes heightened investor attention on MU but advises reviewing key fundamentals. Zacks Attention Note
• Neutral Sentiment: Forbes analyzes factors behind MU’s nearly 80% rally year-to-date, from cyclical rebound to AI tailwinds. Forbes Analysis
• Neutral Sentiment: Schaeffer’s Research highlights MU among chip names making intraday moves alongside Nvidia and Intel. Schaeffer Research
• Negative Sentiment: Shares of MU gapped down on profit-taking amid mixed pre-earnings signals, prompting sell-side queries. Gap Down Alert
• Negative Sentiment: MarketWatch warns Micron’s 12-day winning streak may be ending, with investors eyeing cautious guidance on high-bandwidth-memory pricing. MarketWatch Analysis
• Negative Sentiment: CEO Sanjay Mehrotra sold additional shares, trimming his stake by 0.05%, which may signal near-term profit-taking. Insider Selling