Deutsche Bank Rates Micron Technology (MU) buy

Deutsche Bank maintains a buy rating for Micron Technology, setting a price target of $1,500, a 42.67% upside from the current price.

By EarningsIQ Research Desk · Published Jun 17, 2026, 2:01 PM EDT · Updated Jun 24, 2026, 9:01 AM EDT

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Deutsche Bank rated Micron Technology, Inc. ($MU) "buy" with a $1,500 price target on June 17, 2026.

Since the rating, $MU is up 0.5% after 1 week, down 18.6% after 1 month and down 15.7% to date (from the $1,042.87 close on Jun 17, 2026).

MU Micron Technology, Inc.

$878.84 +178.83% year to date

Daily close · Oct 16, 2026

Key Points

On June 17, Deutsche Bank reiterated its buy rating for Micron Technology, Inc. (MU) with a price target of $1,500, while shares are currently trading at $1,051.38.
Deutsche Bank's $1,500 price target implies 42.67% upside from Micron Technology, Inc.'s ($MU) current $1,051.38 share price.
Micron's recent performance shows a market cap of about $1.05 trillion and a P/E ratio of 12.5, indicating it is valued reasonably well in the semiconductor industry.
Analysts have a strong consensus on Micron, with a recommendation key of 'strong buy' and a target mean price of $1,560.57.

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Deutsche Bank's Reiteration

On June 17, 2026, Deutsche Bank reiterated its buy rating for Micron Technology, Inc. (MU) with a price target set at $1,500. The stock is currently trading at $1,051.38. This reaffirmation reflects confidence in Micron's long-term growth potential in the semiconductor sector.

Analysts Set New Price Targets

The broader analyst consensus on Micron is also positive. With 46 analysts covering the stock, the recommendation key stands at 'strong buy'. The mean price target among analysts is $1,560.57, indicating a potential upside from the current trading levels. Notably, other firms like DA Davidson and Mizuho have maintained their buy ratings with targets of $3,000 and $1,400, respectively, suggesting a strong belief in Micron's growth trajectory.

How Micron Technology, Inc. Stock Has Traded

Micron's stock has seen significant volatility, trading between a 52-week low of $192.40 and a high of $1,255. Currently, it is positioned well above its 50-day moving average of $983.17. The stock's performance and its current valuation metrics, including a P/E ratio of 12.5, reflect a company that is navigating the competitive semiconductor landscape effectively.

12-month forecast

$MU price target

Micron Technology, Inc. daily closes and this analyst's $1,500 target. Not advice.

What Micron Technology, Inc. Does

Micron Technology, Inc. specializes in semiconductor memory and storage products, operating through various segments that include cloud memory and automotive solutions. The company's focus on innovation and high-quality products has made it a key player in the technology sector.

What to Watch at Micron Technology, Inc.

Investors should keep an eye on Micron's upcoming earnings report expected on December 23, 2026. Additionally, the recent 13F filings reflect past holdings and may not represent current positions, so further updates may provide more insights into institutional sentiment around Micron.