tech
December 18, 2025
The AI boom comes to memory chips. What analysts are saying after Micron's blowout quarter
Several analysts hiked their price targets on Micron to $300 or more after the semiconductor maker's powerhouse fiscal first-quarter results.
TL;DR
- Micron Technology's fiscal first-quarter results exceeded Wall Street estimates.
- The company provided stronger-than-expected forward guidance for the fiscal second quarter.
- Several Wall Street analysts raised their price targets and buy ratings for Micron stock.
- Analysts believe Micron is well-positioned to benefit from the memory super-cycle, particularly due to AI demand.
- Key factors contributing to the bullish outlook include restrained supply additions, AI demand, and high bandwidth memory growth.
- Gross margins are projected to continue increasing through 2026.
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