KeyBanc Sees Micron (MU) in a ‘Different’ Memory Cycle, Raises Target

2 weeks ago 8

Ghazal Ahmed

Sat, January 17, 2026 astatine 11:54 AM CST 1 min read

Micron Technology, Inc. (NASDAQ:MU) is 1 of the Trending AI Stocks connected Wall Street. On January 13, KeyBanc expert John Vinh raised the terms people connected the banal to $450.00 (from $325.00) portion maintaining an Overweight rating. Firm analysts spot a stronger-for-longer rhythm for MU, anticipating a antithetic rhythm this time.

Analysts noted that the Greenfield capableness is not anticipated to travel online until mid-2027 astatine the earliest, underpinning the firm’s presumption that the existent representation rhythm is structurally antithetic and apt to beryllium stronger for longer.

The steadfast has kept its estimates unchanged, noting that they stay good supra statement estimates.

"MU (positive, Overweight, expanding PT to $450 from $325) – We judge this rhythm is antithetic this clip and volition beryllium stronger for longer. Greenfield capableness not expected to travel online until mid-2027 astatine the earliest. We are not changing ests, arsenic our ests stay good supra cons with our FY27 (Aug) rev/EPS ests astatine $94.4B/$45.20, portion the Street is astatine $89.6B/$40.88."

Micron Technology, Inc. (NASDAQ:MU) develops and sells representation and retention products for information centers, mobile devices, and assorted industries worldwide.

While we admit the imaginable of MU arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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