Semiconductor demand is cyclical, and Micron is historically prone to boom-bust cycles. Analysts suggest a critical inflection point due to surging data center spending for AI workloads, leading to a 54% stock price target increase by Stifel. Memory prices surge in 2025 due to increased demand for AI servers, benefiting Nvidia and Dell.
Investors are eyeing a significant profit surge for Micron as memory prices soar, with Stifel projecting a major increase in stock price target to $300. The company is expected to exceed revenue and earnings per share estimates, driven by expanding gross margins and strong demand. Stifel predicts compelling sequential growth for Micron, with other firms also bullish on the company’s outlook.

Read more at Yahoo Finance: Analyst makes major change to Micron stock price target