DA Davidson Rates Micron Technology (MU) buy, $2,000 Price Target

DA Davidson continues to support Micron Technology with a bullish outlook, a 76.63% upside from the current price.

By EarningsIQ Research Desk · Published Jun 25, 2026, 12:01 PM EDT · Updated Jun 29, 2026, 1:01 PM EDT

Reviewed by automated data checks against the source data. How we make and check alerts

DA Davidson 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.

$878.84 +178.83% year to date

Daily close · Oct 16, 2026

Key Points

DA Davidson reiterated its buy rating on Micron Technology, Inc. with a price target of $2,000 on June 25, 2026.
DA Davidson's $2,000 price target implies 76.63% upside from Micron Technology, Inc.'s ($MU) current $1,132.33 share price.
Micron's stock closed at $1,132.33 on the same day, showing significant volatility within its 52-week range of $192.40 to $1,255.00.
The semiconductor firm has a P/E ratio of 12.53 and is projected to report its next earnings on December 23, 2026.

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DA Davidson Stands Firm on Micron

DA Davidson has reiterated its buy rating on Micron Technology, Inc. (MU) with a price target of $2,000. This action was reported on June 25, 2026. The stock was trading at $1,132.33 on that day.

Analyst rating track record

DA Davidson vs. the S&P 500

YTD return +73.34% hypothetical

All-time return +111.66% S&P 500 +11.39%

vs. S&P 500 +100.27% ahead of the index

Hypothetical returns from DA Davidson's disclosed trades, not real profit or advice. How we model this.

Analysts Set New Price Targets

In addition to DA Davidson's reaffirmation, several analysts have maintained positive outlooks on Micron. For instance, Rosenblatt has a buy rating with a target of $1,900, while Mizuho maintains an outperform rating with a target of $1,400. These ratings reflect a consensus that Micron remains a strong player in the semiconductor industry.

Stock Performance Context

Micron's shares have experienced considerable fluctuations, trading between $192.40 and $1,255.00 over the past year. The stock's recent closing price of $1,132.33 suggests it is currently positioned well within this range, which could indicate potential for growth.

12-month forecast

$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. specializes in semiconductor memory and storage products. The company operates in various segments, including cloud memory and automotive embedded solutions. Its strong market presence supports the positive sentiment reflected in analyst ratings.

What's Next for Micron

Micron is set to report earnings on December 23, 2026. Investors will be watching for how the company continues to navigate the semiconductor market, especially following recent analyst upgrades and reiterations of support. Remember that DA Davidson's rating reflects holdings as of the reporting period and may not represent current positions.