Rosenblatt Rates Micron Technology (MU) buy, $1,500 Price Target

Rosenblatt maintains its Buy stance on Micron Technology with a $1,500 price target, a 32.47% upside from the current price.

By EarningsIQ Research Desk · Published Jun 25, 2026, 10:00 AM EDT · Updated Jun 29, 2026, 10:01 AM EDT

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Rosenblatt rated Micron Technology, Inc. ($MU) "buy" with a $1,500 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

Rosenblatt analyst Kevin Cassidy reiterated a Buy rating on Micron Technology, Inc. (MU) with a $1,500 price target on June 25, 2026.
Rosenblatt's $1,500 price target implies 32.47% upside from Micron Technology, Inc.'s ($MU) current $1,132.33 share price.
Shares of MU traded near $1,048 on Thursday, with a market cap of approximately $1.37 trillion and a P/E ratio of 57.1.
Micron Technology insiders have recently engaged in both planned and unplanned stock transactions, including CEO Sanjay Mehrotra's planned sales.

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On June 25, 2026, Rosenblatt analyst Kevin Cassidy reiterated a Buy rating for Micron Technology, Inc. (NasdaqGS: MU), setting a price target of $1,500. This comes as shares of Micron traded near $1,048 on Thursday.

Analyst rating track record

Rosenblatt vs. the S&P 500

YTD return +36.12% hypothetical

All-time return +81.25% S&P 500 +25.11%

vs. S&P 500 +56.14% ahead of the index

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

Analysts Set New Price Targets

Rosenblatt's reaffirmation of its Buy rating is part of a broader consensus among analysts. On the same day, Susquehanna, Keybanc, B of A Securities, and Needham also maintained Buy ratings on Micron, with price targets ranging from $1,550 to $2,000. The consensus among 40 analysts suggests a strong buy, with an average target price of $945.6.

Micron Technology, Inc. Stock Up 23.9%

Shares of Micron Technology traded around $1,048 on Thursday. The company has a market cap of about $1.37 trillion and a P/E ratio of 57.1. Its forward P/E is projected at 10.0, reflecting expectations of future earnings growth. The stock's beta is 2.173, indicating higher volatility compared to the market. Over the past year, Micron's stock has ranged from $103.38 to $1,213.56, with current 50-day and 200-day moving averages at $732.80 and $400.75, respectively. The company's financial health is supported by a current ratio of 2.897 and a quick ratio of 2.232.

12-month forecast

$MU price target

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

Insider Buying and Selling at Micron Technology, Inc.

Recent insider activity at Micron includes both planned and unplanned transactions. On May 29, 2026, CEO Sanjay Mehrotra sold 40,000 shares at an average price of $961.35 as part of a pre-arranged plan. Earlier, on May 1, he sold another 40,000 shares at $536.26, also under a planned sale. Other notable transactions include SVP Michael Charles Ray's sale of 7,601 shares at $534.30, and Chief Accounting Officer Scott Allen's sale of 912 shares at $465.66, both without pre-arranged plans.

About Micron Technology

Micron Technology, Inc., headquartered in Boise, Idaho, is a leading semiconductor company specializing in memory and storage products. Founded in 1978, the company designs, develops, and manufactures products such as DRAM, NAND, and NOR flash used in various applications, including data centers, PCs, mobile devices, automotive, and industrial markets. Under the leadership of CEO Sanjay Mehrotra, Micron employs approximately 53,000 people globally.

Bottom Line

Rosenblatt's continued confidence in Micron Technology highlights the company's strong position in the semiconductor industry. Analysts' consensus remains bullish, pointing to potential growth in the memory and storage markets. Investors should note that these ratings and price targets reflect analysts' views and are subject to change based on market conditions.