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Where is MU headed next?
Currently at $917 USD
Let’s take a look at the latest target prices from these major institutions
Susquehanna: $1,750 USD
UBS: $1,625 USD
Cantor Fitzgerald: $1,750 USD
DA Davidson: $1,500 USD
Wolfe Research: $1,250 USD
Wells Fargo: $1,220 USD
Morgan Stanley: $1,050 USD
Most Wall Street institutions are basically “pumping” MU
In the AI era, demand for HBM high-bandwidth memory and DRAM is inevitably set for long-term growth.
Both Huang Renxun and Elon Musk have spoken about the importance of storage—no one understands it better than they do.
So, the rules of the storage cycle have fundamentally changed.
If you’re still using old perceptions to face AI, it will be hard to catch this super-long storage dividend.