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Analyst Bullish on Micron (MU) Ahead of Earnings, Highlights Memory Market Strength

Analyst Bullish on Micron (MU) Ahead of Earnings, Highlights Memory Market Strength

Published:
2025-09-16 00:23:02
21
2
BTCCSquare news:

UBS analyst Timothy Arcuri raised Micron's price target to $185, citing robust demand for server DDR5 and NAND solutions from hyperscalers. The memory giant's upcoming FQ4 results are expected to reflect ongoing industry strength, with long-term agreements extending into 2026.

Market Optimism aligns with Micron's August guidance revision, as hyperscalers increasingly bundle DDR5 and SSD deals. Enterprise SSD demand remains a key growth driver, particularly for US cloud providers securing capacity through 2026.

|Square

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