Micron Technology shares rise 8.4% premarket after UBS raises price target to $1,625
Micron Technology shares increased by 8.4% in premarket trading following UBS's decision to triple its price target to $1,625. Analyst Timothy Arcuri cited long-term supply agreements and rising demand for high-bandwidth memory as key factors behind this significant target increase. The new valuation suggests a more than 100% upside from recent trading levels, indicating a shift in the demand landscape for Micron's products.
- ▪UBS analyst Timothy Arcuri raised Micron's price target from $535 to $1,625.
- ▪Micron is one of only three companies capable of manufacturing high-bandwidth memory at scale.
- ▪The new target implies over 100% upside from Micron's recent trading levels near $798.
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Micron Technology shares rise 8.4% premarket after UBS raises price target to $1,625 UBS analyst Timothy Arcuri tripled his Micron price target, citing long-term supply agreements and AI-driven demand for high-bandwidth memory. Share Add us on Google by Editorial Team May. 26, 2026 window.sevioads = window.sevioads || []; var sevioads_preferences = []; sevioads_preferences[0] = {}; sevioads_preferences[0].zone = "01f21ccf-2092-46b1-9ac7-8c44cc782e0f"; sevioads_preferences[0].adType = "native"; sevioads_preferences[0].inventoryId = "c5700508-581b-472c-8fdd-a931cdbfc8e1"; sevioads_preferences[0].accountId = "1e47efc1-ec2d-4fca-a8b9-354e249e5095"; sevioads.push(sevioads_preferences); UBS just tripled its price target on Micron Technology. Not doubled. Tripled.
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