TECH - What To Expect From Micron Tech's Q3 Earnings - Bullish Analyst Lays Out Forecast | Benzinga
Rosenblatt analyst Hans Mosesmann maintained Micron Technology Inc (NASDAQ:MU) as a Buy with a $225 price target.
Mosesmann expects Micron to deliver a beat-and-raise as it enters one of the most significant memory cycles in history, driven by the increasing demand for memory in artificial intelligence applications, a new ramp-up in the High-bandwidth memory (HBM) industry that reduces supply available for traditional DRAM, and ongoing discipline in memory capital expenditures.
The analyst noted this trend will continue into 2026/27.
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Mosesmann flagged that the industry’s HBM supply remains critical to monitor as it struggles to meet demand, extending well into calendar 2025.
As per the analyst, the industry’s ability to yield HBM3e ...