Analysts Think DRAM Prices Are Headed Higher Through 2027. That’s Reason to Buy Micron Stock

Micron Technology (MU) is back in the market’s good graces, and the rally is gaining momentum. Shares climbed on May 19 as investors leaned into a strengthening memory-chip pricing cycle, even as the Nasdaq slipped and rising bond yields pressured growth stocks.

The bullish sentiment makes sense. MU stock has surged this year alongside booming AI-driven demand, and analysts expect DRAM prices to keep climbing. Earlier this month, Citi raised its price target on Micron to $840 from $425, citing expectations for DRAM prices to nearly triple next year.