Goldman Sachs Boosts Micron Price Target to $900 Amid Bullish Sentiment

Goldman Sachs has increased its price target for Micron Technology Inc. (MU) to $900 from $400, but maintains a 'Neutral' rating on the shares.

The new price target represents a potential downside of about 4% from the stock's closing price on Tuesday, sending MU shares down 2% after hours.

Micron is scheduled to report fiscal Q3 2026 results after market close on June 24. The company guided for revenue of $33.5 billion (± $750 million) and adjusted earnings per share of $19.15 (± $0.40).

According to data from Fiscal AI, Wall Street on average expects the company to report quarterly revenue of about $34 billion and adjusted earnings per share of $19.47.