Susquehanna Rates Micron Technology (MU) buy, $2,000 Price Target
Analyst Mehdi Hosseini reiterates a Buy rating as the semiconductor maker trades well above its long-term moving averages, a 76.63% upside from the current price.
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Susquehanna rated Micron Technology, Inc. ($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
- Susquehanna analyst Mehdi Hosseini reiterated a Buy rating on Micron Technology (MU) on June 25, 2026, setting a price target of $2,000 per share.
- Susquehanna's $2,000 price target implies 76.63% upside from Micron Technology, Inc.'s ($MU) current $1,132.33 share price.
- Micron stock is currently trading around $1,132.33, which is significantly higher than its 200-day moving average of $714.91 and within its 52-week range of $192.40 to $1,255.00.
- The company maintains a strong consensus recommendation of Strong Buy from 46 analyst opinions, supported by recent revenue growth of 3.79% and a net margin of 63.8%.
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Susquehanna Joins the Bullish Chorus on Micron
On June 25, 2026, Susquehanna analyst Mehdi Hosseini reiterated a Buy rating on Micron Technology, Inc. (NASDAQ: MU), maintaining a price target of $2,000.00. This call comes as Wall Street continues to weigh the growth potential of the memory chip giant against its recent price run-up. The $2,000 target suggests significant room for the stock to climb from its current levels, placing Susquehanna among the more optimistic voices covering the company.
Susquehanna vs. the S&P 500
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How Susquehanna's Call Compares to Wall Street
The $2,000 price target from Susquehanna is notably higher than the current consensus mean target of $1,560.57. While it isn't the highest on the street—DA Davidson recently raised its target to a massive $3,000.00 on October 7, 2026—it sits well above other recent notes. For instance, Morgan Stanley reiterated an Overweight rating with a $1,200.00 target on October 1, 2026, and Mizuho maintains an Outperform rating with a $1,400.00 target. Out of 46 analyst opinions, the general consensus remains a Strong Buy, even though price targets vary wildly from a low of $361.00 to a high of $3,000.00.
Micron Stock Performance and Valuation
On Thursday, shares of Micron Technology were trading at $1,132.33. The stock has seen a dramatic climb over the past year, moving from a 52-week low of $192.40 to a high of $1,255.00. Investors are paying attention to the fact that the stock is trading far above its 200-day moving average of $714.91, a common sign of a long-term upward trend. With a price-to-earnings (P/E) ratio of 12.5 and a forward P/E of just 4.55, the market appears to be pricing in a significant jump in future profits.
$MU price target
Micron Technology, Inc. daily closes and this analyst's $2,000 target. Not advice.
Recent Earnings and Growth
Micron reported revenue of $133.19 billion for its most recent period, representing a 3.79% growth rate. The company's profitability is a standout feature, with a net margin of 63.8% and a return on equity of 88.26%. These figures suggest the company is highly efficient at turning its sales into profit for shareholders. Investors looking for the next update can mark their calendars for December 23, 2026, when Micron is scheduled to release its next set of quarterly earnings.
Dividend and Shareholder Returns
Micron currently pays a small dividend to its investors. The annual dividend yield stands at 0.06%, which is supported by a very conservative payout ratio of 0.7%. This low payout ratio means the company is keeping the vast majority of its earnings to reinvest in its chip-making facilities and research, rather than sending that cash back to shareholders as dividends.
Insider Buying and Selling at Micron Technology, Inc.
Recent activity from company executives shows some planned selling. On October 14, 2026, Michael Charles Ray, the Senior Vice President and Chief Legal Officer, sold 6,288 shares at an average price of $929.64. The total value of the transaction was approximately $5.85 million. This sale was conducted under a Rule 10b5-1 plan, which is a pre-arranged trading schedule that allows insiders to sell shares at set times to avoid any appearance of trading on private information.
About Micron Technology, Inc.
Micron Technology is a major player in the global semiconductor industry, specializing in memory and storage solutions. They make the DRAM and NAND chips that go into everything from smartphones and personal computers to massive data centers that power artificial intelligence. Based in Boise, Idaho, the company has grown into a trillion-dollar titan as the world's demand for data storage continues to skyrocket.
What's Ahead for Micron Technology, Inc.
As Micron approaches its next earnings date in late December, investors will be watching to see if the company can meet the high expectations set by analysts like Mehdi Hosseini. While analyst ratings provide a useful snapshot of market sentiment, it is important to remember that these targets are opinions and stock prices can be volatile. Further SEC filings and quarterly reports will provide more clarity on whether Micron's financial growth can support its ambitious price targets.
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Source: Susquehanna's rating change on $MU (Jun 25, 2026). Written by software, not financial advice. How we make alerts