Micron Stock: HBM Shortage & Tight DRAM Supply Fuel Bullish Case

Micron stock bullish sentiment is still very much alive and it keeps circling back to one thing: supply, or really, the lack of it. A Micron HBM shortage and a DRAM supply shortage are pinching the market at the same time, and that combination keeps pushing the Micron stock forecast higher on Wall Street, even after one firm trimmed its number this week. The average Micron stock price target also sits well above where shares trade at the time of writing, and that alone tells you where sentiment leans. That is basically the whole Micron stock bullish story in one line, and it is worth unpacking piece by piece.

Also Read: Micron Stock Rally Gains As New Executives Join Amid Memory Surge

Micron Stock Forecast: HBM Shortage And DRAM Supply Drive Upside

Mizuho Trims Its Price Target, Cites Multiple Compression

Mizuho’s Vijay Rakesh brought his target down to $1,300 from $1,375 on August 25, 2026, and he kept his Buy rating anyway. The reasoning had more to do with the wider market than with Micron itself, since he pointed to multiple compression rather than any actual drop in demand. An analyst trimming a number like that would normally spook a stock, and it is exactly the kind of headline that would test a Micron stock bullish thesis, but this one barely made shares wobble.

… Continue reading the full article at the original source below.