Finbold
07 Oct 2026, 12:52 UTC · 1h ago
Analyst sets Street-high Micron stock price target
Impact · against what's priced in
DA Davidson's aggressive price target increase for Micron is based on a valuation multiple expansion and long-term earnings power that the market is currently refusing to pay for. While positive, the news highlights a divergence between the most bullish analyst views and current market pricing rather than providing new fundamental data.
- MU+0.30
Challenges what's priced in
- The price assumes
A structural reset in earnings power to $265.65 per share by fiscal 2028
DA Davidson's jump to a $3,000 price target—driven by a multiple increase to 19x FY2027 EPS—supports the long-term earnings power and structural reset that the market currently declines to price in.
What MU's price assumes · Sep 9
Top 1 mover · tap to explore
