{"id":46060,"date":"2026-04-08T20:23:07","date_gmt":"2026-04-08T20:23:07","guid":{"rendered":"https:\/\/www.europesays.com\/ch\/46060\/"},"modified":"2026-04-08T20:23:07","modified_gmt":"2026-04-08T20:23:07","slug":"micron-price-target-boosted-by-ubs-as-memory-super-cycle-defies-norms","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ch\/46060\/","title":{"rendered":"Micron price target boosted by UBS as memory \u201csuper-cycle\u201d defies norms"},"content":{"rendered":"<p>    <img fetchpriority=\"high\" decoding=\"async\" src=\"https:\/\/www.europesays.com\/ch\/wp-content\/uploads\/2026\/04\/a9a53a9facea0c7de2a1a390db8b4778.jpeg\" alt=\"Micron price target boosted by UBS as memory \u201csuper-cycle\u201d defies norms\" loading=\"eager\" height=\"444\" width=\"960\" class=\"yf-lglytj  loaded\"\/> Micron price target boosted by UBS as memory \u201csuper-cycle\u201d defies norms Proactive uses images sourced from Shutterstock      <\/p>\n<p class=\"yf-1fy9kyt\"><a href=\"https:\/\/finance.yahoo.com\/quote\/MU\" data-ylk=\"slk:Micron Technology Inc (NASDAQ:MU);elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Micron Technology Inc (NASDAQ&quot;}\" class=\"link \" rel=\"nofollow noopener\" target=\"_blank\">Micron Technology Inc (NASDAQ:MU)<\/a> shares rose more than 7% on Wednesday amid easing geopolitical tensions in the Middle East, as UBS raised its price target on the memory chipmaker, citing improved pricing and long-term deal potential.<\/p>\n<p class=\"yf-1fy9kyt\">The firm upped its price target on \u2018Buy\u2019-rated Micron to $535 from $510, implying significant upside from current levels of about $405.<\/p>\n<p class=\"yf-1fy9kyt\">\u201cDespite sentiment around memory that has turned very negative post MU\u2019s gross margin guidance, we continue to believe we are in the midst of a super-cycle that will likely defy traditional analytical norms for the stock,\u201d the analysts wrote.<\/p>\n<p class=\"yf-1fy9kyt\">UBS wrote that its latest industry checks point to continued strengthening in pricing across both DRAM and NAND, with particularly strong momentum in high-bandwidth memory (HBM), a key component used in artificial intelligence workloads. UBS expects HBM pricing improvements to support margin expansion over time.<\/p>\n<p class=\"yf-1fy9kyt\">It also highlighted increasing discussions between memory suppliers and large customers, including hyperscale cloud providers and original equipment manufacturers, around long-term supply agreements.<\/p>\n<p class=\"yf-1fy9kyt\">These arrangements are expected to include volume commitments, prepayments, and structured pricing bands, which could improve revenue visibility and reduce earnings volatility.<\/p>\n<p class=\"yf-1fy9kyt\">In NAND, UBS noted that not all suppliers appear equally inclined to enter such agreements, with some opting to retain flexibility in allocating production capacity.<\/p>\n<p class=\"yf-1fy9kyt\">Still, the broader trend suggests memory companies are increasingly willing to trade near-term upside for longer-term stability in earnings and returns.<\/p>\n<p class=\"yf-1fy9kyt\">UBS added that supply constraints, particularly in DRAM, could extend into 2028, reinforcing its view that the current upcycle may prove more durable than in previous cycles.<\/p>\n<p class=\"yf-1fy9kyt\">The firm forecasts Micron\u2019s earnings per share could reach approximately $135 in 2027 and $120 in 2028, both above broader market expectations.<\/p>\n","protected":false},"excerpt":{"rendered":"Micron price target boosted by UBS as memory \u201csuper-cycle\u201d defies norms Proactive uses images sourced from Shutterstock Micron&hellip;\n","protected":false},"author":2,"featured_media":46061,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[129],"tags":[26698,14031,26697,5255,223],"class_list":{"0":"post-46060","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-ubs","8":"tag-memory","9":"tag-micron","10":"tag-super-cycle","11":"tag-target","12":"tag-ubs"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@ch\/116370958154922827","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts\/46060","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/comments?post=46060"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts\/46060\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/media\/46061"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/media?parent=46060"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/categories?post=46060"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/tags?post=46060"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}