Mizuho lifts Micron Technology, Inc. (MU)’s price target to $480, maintains outperform rating

February 2, 2026 - 03:07

Investment firm Mizuho Securities has significantly increased its price target for Micron Technology, Inc. (MU), expressing strong confidence in the memory chipmaker's financial trajectory. The firm boosted its target to $480 per share, a substantial jump from its previous target of $390, while reiterating its Outperform rating on the stock.

This optimistic adjustment reflects Mizuho's expectation of strengthened revenues and expanding profit margins for Micron by the year 2026. The analysis points to anticipated improvements in the dynamic random-access memory (DRAM) market, a core segment for Micron, as a primary driver for this positive outlook. The firm's revised assessment underscores a belief that the company is well-positioned to capitalize on the next cyclical upturn in the semiconductor memory industry.

The increased price target from a major financial institution highlights growing analyst confidence in Micron's strategic direction and its ability to navigate market fluctuations. This move places Micron among the notable stocks drawing positive attention for their future profitability potential in the technology sector. The outlook suggests that the company's focus on high-performance memory and storage solutions is expected to yield significant financial returns in the coming years.