Micron Technology Inc. (NASDAQ:MU) is considered one of the best stocks for the next decade, with analysts closely monitoring its performance. Lynx Equity raised the price target on Micron to $325 from $180, citing sustained demand for AI-related hardware and supply shortages in the market.

Rosenblatt also raised its price target on Micron to $500 from $300 with a Buy rating, emphasizing the company’s strong position in the memory and storage market. Micron is projected to achieve a record-breaking 68% Non-GAAP gross margin for the February quarter, driven by successful negotiations and production cost declines.

Despite the positive outlook for Micron, some investors believe other AI stocks offer greater upside potential and less downside risk. For those seeking undervalued AI stocks, a free report on the best short-term AI stock is recommended. The market is set to stabilize by mid-2026 as new manufacturing capacity contributes to the global supply.

Read more at Yahoo Finance: Micron (MU) Positioned for Growth as AI-Driven Memory Demand Triggers Major Analyst Upgrades