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Micron stock drops 10% as BofA raises price target to $1,500
Published on 23 June 2026 at 4:56 pm •
Written by Chris Martin
• Reading duration : 2 minutes · read 1521 times
© Micron stock drops 10% as BofA raises price target to $1,500
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Micron Technology stock dropped 10% on Tuesday ahead of earnings as Bank of America raised its price target to $1,500 from $950, signaling sustai
2026-06-24
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2026-06-24
The Motley Fool
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NASDAQ: MU
Micron Technology
Today's Change
(-13.08%) $-158.47
Current Price
$1052.91
MU
YTD
1W
1M
3M
6M
1Y
5Y
PRICE
VS S&P
KEY DATA POINTS
Market Cap
$1.2T
Day's Range
$1038.70 - $1125.00
52wk Range
$103.38 - $1213.56
Volume
55.9K
Avg Vol
50.8M
Gross Margin
58.54%
Dividend Yield
0.05%
Micron Technology (
MU
13.08%
), an AI-focused memory and storage chipmaker, closed at $1,051.77, down
2026-06-24
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2026-06-24
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Why Micron (MU) Shares Are Getting Obliterated Today
Why Micron (MU) Shares Are Getting Obliterated Today
3 min read
MU
What Happened?
Shares of memory chips maker Micron
MU
fell 13.6% in the afternoon session after a report that South Korea's SK Hynix is slowing its high-bandwidth memory (HBM) expansion rattled the AI-chip complex.
The headline sounds bearish for AI, but
2026-06-24
www.financialcontent.com
2026-06-24
FinancialContent
What Happened?
Shares of memory chips maker Micron (NASDAQ:MU) fell 13.6% in the afternoon session after a report that South Korea's SK Hynix is slowing its high-bandwidth memory (HBM) expansion rattled the AI-chip complex.
The headline sounds bearish for AI, but the underlying report is a margin story, not a demand story. SK Hynix is deliberately slowing its HBM4 ramp to redirect capacity into
2026-06-24
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2026-06-24
Investor's Business Daily
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2026-06-24
finance.yahoo.com
2026-06-24
Yahoo Finance
Top Analyst Reports for Micron Technology, Coca-Cola & Arista Networks
Top Analyst Reports for Micron Technology, Coca-Cola & Arista Networks · Zacks
Mark Vickery
Tue, June 23, 2026 at 1:29 PM PDT 7 min read
TRV
+2.04%
ANET
-7.08%
ETN
-7.00%
GSK
+2.62%
MU
-13.18%
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Tuesday, June 23, 2026
The Zacks Research Daily presents the best research output of our
2026-06-24
cryptobriefing.com
2026-06-24
Crypto Briefing
Polymarket prices 96% chance Micron beats earnings Wednesday
Prediction market bettors are nearly unanimous on Micron clearing the bar, but the real story is what comes after the number drops
2026-06-24
www.forbes.com
2026-06-24
Forbes
BREAKING
BUSINESS
Micron Tumbles 13% As South Korean ETF Warning Fuels Chip Sell-Off
ByAntonio Pequeño IV,
Forbes Staff.
Pequeño is a breaking news reporter who covers tech and more.
Follow Author
Jun 23, 2026, 04:16pm EDTJun 23, 2026, 04:45pm EDT
TOPLINE
Micron shares plummeted over 13% on Tuesday, falling as South Korea's Financial Supervisory Service contributed to a global chip sell-off w
2026-06-24
ca.finance.yahoo.com
2026-06-24
Yahoo! Finance Canada
Micron Tumbles 13% As South Korean ETF Warning Fuels Chip Sell-Off
Antonio Pequeño IV, Forbes Staff
Tue, June 23, 2026 at 1:16 p.m. PDT 2 min read
MU
-13.18%
005930.KS
+9.84%
000660.KS
+0.98%
Topline
Micron shares plummeted over 13% on Tuesday, falling as South Korea's Financial Supervisory Service contributed to a global chip sell-off with a warning about risky ETFs tied to memory chip companies
2026-06-24
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2026-06-24
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Micron options chain prices another big swing after pre-earnings rout
Jun 23, 2026, 2:25 PM ETMicron Technology, Inc. (MU) StockBy: Max Gottlich, SA News Editor
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JHVEPhoto/iStock Editorial via Getty Images
Micron Technology’s (MU) June 26 options chain is pricing another major swing by Friday expiration as shares dropped about 13% to roughly $1,06
2026-06-24
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2026-06-24
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2026-06-24
finance.yahoo.com
2026-06-24
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Bank of America Raises Micron Target to $1,500 Ahead of Results: Are Traders Buying It?
Ananda Banerjee
Tue, June 23, 2026 at 11:00 AM PDT 6 min read
MU
-13.18%
BAC
+0.94%
NVDA
-4.13%
000660.KS
+0.98%
005930.KS
+9.84%
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Trading disclosure
Bank of America raised its Micron stock price target to $1,500 from $950, spotlighting the memory maker that sits beside Nvidia at the
2026-06-24
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2026-06-24
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Micron Technology, Inc. Stock 12‑Month Price Target Raised to $1123.28, Implies 7% Downside
Micron Technology, Inc. Stock 12‑Month Price Target Raised to $1123.28, Implies 7% Downside
Less than 1 min read
MU
−13.18%
According to estimates from 40 analysts, Micron Technology, Inc. stock's average price target has risen from $1109.53 to $1123.28, with forecasts ranging from $249
2026-06-24
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2026-06-24
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2026-06-24
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Micron Technology Has Made a Terrific Move Before Its June 24 Earnings Report
Harsh Chauhan, The Motley Fool
Tue, June 23, 2026 at 9:20 AM PDT 4 min read
MU
-13.18%
NVDA
-4.13%
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Trading disclosure
While all eyes are on Micron Technology's (NASDAQ: MU) fiscal 2026 third-quarter earnings report, which will be released after the market closes on June 24, the memory speciali