This Analyst Just Gave Micron Stock a $1,500 Price Target. Here's Why. - Barchart.com

Deutsche Bank analyst Melissa Weathers recently raised Micron Technology's price target to $1,500 and maintained a 'Buy' rating, despite the stock having more than tripled in 2026. She attributes this... Read original →

Deutsche Bank’s $1,500 target for Micron reflects AI infrastructure’s structural hunger for memory bandwidth. HBM3E/HBM4 adoption is straining advanced packaging capacity—TSMC’s CoWoS lines are now the choke point, inflating BOM costs across the AI chip stack. Geopolitically, U.S. export controls shield Micron’s domestic share short-term but accelerate HBM self-reliance efforts in Taiwan, China and mainland China, elongating supply chain redundancy and compliance overhead. Samsung and SK Hynix will likely counter with aggressive pricing in standard server DRAM to dilute Micron’s pricing power. Over the next 18 months, relentless demand from AI training clusters will keep industry inventory low, sustaining Micron’s premium margins—yet a 2027 CoWoS capacity surge could trigger a sharp valuation reset.