Micron Price Targets Raised to $1,150 and $1,500 as Market Cap Tops $1T
MU•Micron’s stock drew two price-target hikes, with Mizuho raising its target to $1,150 and D.A. Davidson to $1,500, implying up to 62% upside as market cap held above $1 trillion despite a $674 average target. Anthropic named Micron a strategic infrastructure partner in its $65 billion funding round, boosting its data-center compute prospects.
1. Price Target Hikes by Analysts
Mizuho raised its price target on Micron to $1,150 from $800 with a Buy rating, citing robust memory demand into next year. D.A. Davidson followed with a boost to $1,500 from $1,000, implying up to 62% upside from the last close.
2. Market Capitalization Versus Average Targets
Micron’s market capitalization exceeded $1 trillion for the first time this week, while the current $674 average analyst target translates to a $760.4 billion cap, underscoring a wide gap in analyst expectations.
3. Anthropic Strategic Partnership
Anthropic designated Micron as a strategic infrastructure partner in its $65 billion fundraising round, securing memory capacity support to reliably scale AI data-center compute operations.
4. Memory Demand Outlook and Retail Sentiment
Analysts project strong DRAM and NAND demand through 2027 driven by AI and data-center expansion, with Micron shares up 224% year to date and retail sentiment on Stocktwits remaining firmly bullish.



