Analysts Stay Bullish on Micron Technology (MU)

Micron Technology, Inc. (NASDAQ:MU) is 1 of the 15 Best Aggressive Growth Stocks to Buy Right Now. On November 10, Mizuho expert Vijay Rakesh reiterated an Outperform standing connected Micron Technology, Inc. (NASDAQ:MU) with a terms people of $265. This update came aft virtual meetings with the company’s executives, including CFO Mark Murphy.

Rakesh pointed retired that request for precocious bandwidth representation (HBM) looks beardown done 2026 and 2027. The expert besides noted that astir 40% of Micron Technology, Inc.’s (NASDAQ:MU) DRAM concern could spot improvements successful gross and margins successful the February 4th due to the fact that of beardown pricing trends.

Mizuho is besides optimistic astir Micron Technology, Inc.’s (NASDAQ:MU) HBM roadmap, which includes AI-specialized HBM4e, customized HBM solutions, and in-memory computing capabilities. These should pb to an summation successful DRAM contented and an betterment successful pricing.

The firm’s expert noted that successful the NAND flash representation business, superior expenditure is disciplined portion AI server request grows for QLC endeavor solid-state drives (eSSDs). Rakesh besides noted that the proviso of hard disk drives (HDDs) is tight.

Previously, connected November 7, Wells Fargo expert Aaron Rakers accrued the terms people connected Micron Technology, Inc. (NASDAQ:MU) from $220 to $300 and kept an Overweight standing aft hosting meetings with the company’s CEO, Sanjay Mehrotra and Executive Vice President of Global Operations, Manish Bhatia.

The probe steadfast said these meetings confirmed its affirmative presumption of Micron Technology, Inc.’s (NASDAQ:MU) execution and beardown marketplace presumption arsenic good arsenic the representation manufacture outlook.

Micron Technology, Inc. (NASDAQ:MU) is simply a starring semiconductor exertion institution that is known for its innovative representation and retention solutions. The institution offers a portfolio of high-performance DRAM, NAND, and NOR representation and retention products.

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 astatine Insider Monkey.