Micron (MU) Positioned for Growth as AI-Driven Memory Demand Triggers Major Analyst Upgrades

Earlier connected December 18, Lynx Equity raised the terms people connected Micron Technology to $325 from $180, arsenic the steadfast maintains a constructive semipermanent outlook arsenic the representation rhythm transitions into its adjacent phase, supported by sustained request for AI-related hardware. The steadfast noted that the stock’s caller terms surge is simply a nonstop effect of utmost volatility successful DRAM pricing implicit the past quarter. Supply shortages person go truthful captious that an estimated 30% of full marketplace request presently remains unfulfilled. These supply-demand imbalances are expected to stabilize by mid-2026 arsenic caller manufacturing capableness begins to lend to the planetary supply.

The stock’s assertive upward question whitethorn pb to near-term volatility oregon method pullbacks, but the steadfast advised investors to presumption these dips arsenic buying opportunities alternatively than a crushed to sell.

Additionally, Rosenblatt raised its terms people connected the banal connected the aforesaid time to $500 from $300 with a Buy rating. The steadfast remains highly bullish connected Micron Technology Inc. (NASDAQ:MU), identifying the institution arsenic a superior beneficiary of the surging request for representation and retention successful the AI era. The company’s show is being driven by 2 superior factors: successfully negotiating terms increases for DRAM and NAND Flash, and the company’s quality to support a dependable diminution successful accumulation costs. These tailwinds person allowed absorption to task a record-breaking 68% Non-GAAP gross borderline for the February quarter.

Micron Technology Inc. (NASDAQ:MU) designs, develops, manufactures, and sells representation and retention products successful the US, Taiwan, Singapore, Japan, Malaysia, China, India, and internationally.

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.