Deutsche Bank Raises Micron (MU) Price Forecast as Revenue and Margins Surge - Yahoo Finance

Deutsche Bank raised its price target for Micron Technology (MU) to $1,550 from $1,500 on June 25, 2026, while maintaining a 'Buy' rating. The bank praised the company's latest earnings report as exce... Read original →

The simultaneous price target hikes by Deutsche Bank and DA Davidson reflect more than just AI-driven memory demand—they signal a structural shift in memory technology leadership. Technically, Micron’s HBM3E and GDDR7 ramp is straining TSMC’s CoWoS capacity and inflating advanced substrate costs, indirectly benefiting ASE and other OSATs. On compliance, U.S. export controls are forcing Micron to reconfigure its Taiwan, China and Japan fabs away from mainland customers, raising near-term logistics and certification expenses but solidifying its 'de-risked' supply chain appeal. Facing aggressive HBM4 roadmaps from Samsung and SK hynix, Micron may pivot to CXL-attached memory modules for differentiation. Over the next 18 months, AI server DRAM bit demand will grow over 40% annually, and enterprise SSD adoption will accelerate—granting Micron pricing power, though a supply glut looms by late 2027.