Barclays Rates Micron Technology (MU) buy, $2,000 Price Target
Barclays has reiterated its buy rating on Micron Technology, Inc. with a price target of $2,000, a 74.63% upside from the current price.
Reviewed by automated data checks against the source data. How we make and check alerts
Barclays rated Micron Technology, Inc. ($MU) "buy" with a $2,000 price target on June 25, 2026.
Since the rating, $MU is down 19.6% after 1 week, down 25.8% after 1 month and down 27.6% to date (from the $1,213.18 close on Jun 25, 2026).
MU
Micron Technology, Inc.
Key Points
- Barclays has reiterated its buy rating on Micron Technology, Inc. with a price target of $2,000, with the stock currently trading at $1,145.28.
- Barclays's $2,000 price target implies 74.63% upside from Micron Technology, Inc.'s ($MU) current $1,145.28 share price.
- Micron Technology reported revenue of approximately $133.2 billion, showing a revenue growth of 3.79% over the last year.
- Analysts have a mean price target of $1,560.57 for Micron, with 46 analysts providing opinions, indicating strong overall confidence.
Get $MU trade alerts by text
We text you when insiders, Congress or big funds trade $MU. Free.
Not investment advice. EarningsIQ is not a registered investment adviser, and this automated Micron Technology, Inc. alert may contain errors. Disclosures
Barclays Maintains Positive Outlook
On June 25, 2026, Barclays reiterated its buy rating on Micron Technology, Inc. (NASDAQ: MU), setting a price target of $2,000. The stock was trading at $1,145.28 on the same day, reflecting a significant gap between its current price and the target.
Barclays vs. the S&P 500
Hypothetical returns from Barclays's disclosed trades, not real profit or advice. How we model this.
Analysts Set New Price Targets
Barclays' reaffirmation comes amid a generally favorable sentiment among analysts. Other firms have also maintained their positive ratings on Micron. For instance, DA Davidson has a buy rating with a target of $3,000, while Rosenblatt has set its target at $1,900. Mizuho maintains an outperform rating with a target of $1,400. Overall, the mean price target from 46 analysts stands at approximately $1,560.57, suggesting strong confidence in the company's future performance.
Stock Performance Context
Micron shares are currently well below their 52-week high of $1,255. The stock's recent trading price of $1,145.28 indicates potential for appreciation should it move closer to the analyst targets. With a P/E ratio of around 12.53, the stock appears to be valued reasonably relative to its earnings.
$MU price target
Micron Technology, Inc. daily closes and this analyst's $2,000 target. Not advice.
What Micron Technology, Inc. Does
Micron Technology, Inc. is a leading provider of semiconductor memory and storage products, operating segments that include cloud memory and automotive solutions. Founded in 1978 and based in Boise, Idaho, Micron plays a crucial role in the technology sector, providing essential components for various electronic devices.
What's Ahead for Micron Technology, Inc.
Investors will be watching for the next earnings report scheduled for December 23, 2026. As a reminder, the 13F filings reflect past holdings and may not represent current investor positions. Barclays' steadfast commitment to Micron's potential suggests continued interest in the semiconductor market's trajectory.
Related Filing Alerts
Source: Barclays's rating change on $MU (Jun 25, 2026). Written by software, not financial advice. How we make alerts