Micron Stock Gets a Big Wall Street Boost Ahead of Earnings

Micron Technology received a significant price target increase from Citi analyst Atif Malik, raising it from $1,150 to $1,300, citing strong DRAM pricing and tight memory supply driven by AI and data center buildout. The company is expected to report fiscal Q4 earnings on Sept. 30 with revenue projected to exceed $51 billion, representing over 300% year-over-year growth. With DRAM and NAND prices surging and the stock already up 270% this year, analysts anticipate continued strong performance, though future guidance for 2027 will be critical.