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    MU stock jumps 9.7% as Citi upgrades to buy: Here’s why Wall Street is bullish on Micron

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    MU stock jumps 9.7% as Citi upgrades to buy: Here's why Wall Street is bullish on Micron

    ReutersMicron stock rose 9.72% to $153.62 on September 11, 2025. Citi raised its price target to $175; other analysts set targets between $185-$200.

    Micron Technology Inc. (NASDAQ: MU) surged 9.7% today, closing at $153.62, after Citi upgraded its stock from $150 to $175, citing strong demand for DRAM and NAND memory chips. This sudden jump has grabbed Wall Street’s attention, making Micron one of the day’s standout performers. Analysts across the board are bullish. Rosenblatt Securities maintains a $200 price target, while J.P. Morgan raised its target to $185, pointing to Micron’s strategic positioning in advanced memory technologies. Citi forecasts fiscal 2026 earnings at $15.02 per share, 26% above consensus, highlighting the company’s potential to outperform in a recovering memory market.ALSO READ: US stock market rallies to new highs: Dow hits record, S&P 500 and Nasdaq reach all-time highs as Nvidia and Micron jumpLive Events Investors are now looking ahead to Micron’s fiscal Q4 earnings report on September 23, which is expected to show EPS of $2.85 and revenue around $11 billion—a 43% year-over-year increase. With AI workloads expanding and data center demand surging, Micron’s high-bandwidth memory chips are becoming essential. Strategic partnerships with tech giants like Nvidia further strengthen its market position, suggesting that today’s stock jump may be just the beginning of a broader upward trend. Upcoming EarningMicron’s fiscal Q4 2025 earnings report, scheduled for September 23. Analysts anticipate earnings per share (EPS) of $2.85, a substantial rise from $1.18 in the same quarter last year, along with projected revenues around $11 billion, a 43% year-over-year increase.Positive results and forward guidance could reinforce investor confidence and drive further stock gains.AI and Data Center demand driving growthMicron’s surge is closely tied to its pivotal role in AI workloads. High-bandwidth memory chips are essential for powering advanced AI models, giving Micron a competitive edge. Collaborations with major players like Nvidia amplify its growth prospects and validate its strategic position in the tech ecosystem.Key numbersAdd as a Reliable and Trusted News Source Add Now!
    Micron stock rose 9.72% to $153.62 on September 11, 2025.Citi raised its price target to $175; other analysts set targets between $185-$200.Fiscal Q4 earnings expected on September 23, projecting EPS $2.85 and revenue ~$11 billion.(You can now subscribe to our Economic Times WhatsApp channel)

    Read More News onMU stock micron shares jumpmu stock ai memory boommicronmicron shares jump ai chip demandmu rally driven by ai memorymicron stock surges wall street bullishmu gains on ai data surgeDRAM and NAND memory chips

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    (You can now subscribe to our Economic Times WhatsApp channel)Read More News onMU stock micron shares jumpmu stock ai memory boommicronmicron shares jump ai chip demandmu rally driven by ai memorymicron stock surges wall street bullishmu gains on ai data surgeDRAM and NAND memory chips(Catch all the US News, UK News, Canada News, International Breaking News Events, and Latest News Updates on The Economic Times.) Download The Economic Times News App to get Daily International News Updates….moreless

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