Micron Stock Gets a Bullish Boost: $1,625 Target from UBS
The Micron stock price target from UBS sits at $1,625 a share, and UBS also reiterated that number on August 10, 2026, right after analyst Timothy Arcuri kept his Buy rating on Micron Technology unchanged. This Micron UBS price target builds on a structural reset in the companyโs earnings power, and it also leans on EPS staying above $160 all the way through calendar 2029, plus more than $450 billion in cumulative free cash flow by 2028. At the time of writing, this Micron stock UBS call is the highest price target anywhere on Wall Street for the chipmaker, and that alone is a big reason the price target keeps popping up in trading desk chatter today. Search interest around the Micron stock price target has also picked up fast this week.
Also Read: Micron Stock Target Drops to $1,150, But Citigroup Still Says Buy For Now
Micron Stock Price Target, UBS Outlook And AI Growth Forecast
Why UBS Is Staying Bullish On Micron Stock
Micron stock bullish sentiment at UBS also comes from an AI hardware wave rather than the old boom and bust memory cycle, and UBS put together the note behind this price target bump after industry checks wrapped up in early August. UBS now expects industry NAND revenue near $300 billion in calendar 2026 and about $495 billion in 2027, and that forecast is what pushed Arcuri to trim a few near term numbers even while getting more confident on the bigger, multi year story, an outlook UBS keeps circling back to whenever it explains the Micron stock price target shift.
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