Mizuho Rates Micron Technology (MU) buy, $1,375 Price Target
Mizuho maintains its bullish outlook for Micron Technology with a target of $1,375, a 21.43% upside from the current price.
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Mizuho rated Micron Technology, Inc. ($MU) "buy" with a $1,375 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
- Mizuho reiterates a 'buy' rating on Micron Technology, targeting $1,375 per share after trading at $1,132.33.
- Mizuho's $1,375 price target implies 21.43% upside from Micron Technology, Inc.'s ($MU) current $1,132.33 share price.
- The semiconductor company has a market cap of approximately $1.05 trillion and a P/E ratio of about 12.5.
- Consensus among analysts shows a strong buy recommendation with a mean price target of $1,560.57.
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Mizuho has reiterated its 'buy' rating on Micron Technology, Inc. (NASDAQ: MU) with a price target of $1,375. This call comes as shares were trading at $1,132.33 on Thursday, June 25, 2026. Analyst Vijay Rakesh's affirmation reflects continued confidence in the company's performance in the semiconductor industry.
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Other Institutional Activity in Micron Technology
Several institutional players have been active around Micron. Blackrock Inc. increased its position by 1,681,279 shares, resulting in a total of 104,827,219 shares worth about $93.4 billion. Vanguard Capital Management LLC added 519,296 shares, bringing its total to 73,659,544 shares valued at approximately $65.7 billion. In contrast, State Street Corporation trimmed its holdings by 2,162,676 shares, now holding 50,075,870 shares worth about $44.6 billion. Meanwhile, Invesco Ltd. grew its stake by 631,600 shares, for a total of 36,315,240 shares valued at around $32.4 billion. Capital World Investors reduced its holdings by 12,581,790 shares, leaving it with 29,469,646 shares valued at approximately $26.3 billion.
Micron Technology, Inc. Stock Up 23.9%
Micron shares are currently priced at $1,132.33, which is significantly below its 52-week high of $1,255. The stock is trading well above its 50-day moving average of $983.17, suggesting strong momentum. Despite recent fluctuations, the firm’s long-term outlook appears bullish, especially with Mizuho's reiterated buy rating.
$MU price target
Micron Technology, Inc. daily closes and this analyst's $1,375 target. Not advice.
Recent Earnings
Micron's most recent earnings report showed revenue of about $133.2 billion, with a revenue growth rate of roughly 3.8%. The company's net margin stands at 63.8%, and it boasts a return on equity (ROE) of 88.3%. The next earnings report is scheduled for December 23, 2026.
Analysts Set New Price Targets
Analysts have positive sentiment for Micron. On October 1, 2026, Mizuho maintained its 'Outperform' rating and raised its price target to $1,400. Additionally, DA Davidson maintained a 'Buy' rating with a revised target of $3,000, while Rosenblatt and Morgan Stanley reiterated their 'Buy' ratings with targets of $1,900 and $1,200, respectively. The consensus among analysts suggests strong support with a mean price target of approximately $1,560.57 across 46 opinions.
About Micron Technology
Micron Technology, Inc., based in Boise, Idaho, develops semiconductor memory and storage products. Its operations span across various segments including Cloud Memory, Mobile and Client, and Automotive solutions. The firm's innovation and global reach play a significant role in the technology sector, particularly in the memory chip market.
Bottom Line
As Micron moves towards its next earnings date, investors will be watching closely for any updates that could affect its stock performance. The current 13F filings show institutional interest is substantial, and Mizuho's continued confidence adds to the bullish sentiment. While this analyst call reflects past performance, it may not represent future positions as market dynamics evolve.
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Source: Mizuho's rating change on $MU (Jun 25, 2026). Written by software, not financial advice. How we make alerts