From Yahoo Finance: 2025-06-17 16:04:00

UBS analysts raised Micron Technology, Inc. (MU) price target to $120, citing stable demand for DDR across markets. They expect DDR prices to increase 7% in Q2 and 3% in Q3, while maintaining a positive outlook on NAND if suppliers maintain supply discipline.

UBS also adjusted HBM demand forecasts, noting slower AI chip ramp-ups. Micron Technology, Inc. (MU) is set to ship HBM3E 12-Hi to NVIDIA in June, later than expected. Analysts believe this delay will have limited impact on the company’s topline but see growth potential if confidence in earnings for 2026 increases.

Micron Technology, Inc. (MU) is a leading semiconductor company known for innovative memory solutions. While MU shows investment potential, some AI stocks offer greater upside with less downside risk. A report highlights an undervalued AI stock that could benefit from tariffs and onshoring trends.

UBS analysts expect industry HBM demand to reach 16.3 billion gigabits in 2025 and 25.4 billion gigabits in 2026. Micron Technology, Inc. (MU) is positioned to grow with increased market confidence in earnings potential for 2026 and beyond.

Read more: UBS Raises Price Target on Micron (MU), Keeps Buy Rating