Rosenblatt reiterates USD 1,900 target for Micron Technology stock

Published on 10/27/2026 at 11:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Rosenblatt keeps a USD 1,900 target. Micron Technology stock costs EUR 826.40 on October 27, 2026, 2.05 percent above Xetra close.

Micron earnings and analyst view

Micron reported USD 54.23 billion in fiscal fourth-quarter revenue on September 30, 2026.
Rosenblatt reiterated its USD 1,900.00 target on October 22, 2026.
Micron Technology stock trades at EUR 826.40 at 11:40 a.m. CET at Lang & Schwarz on October 27, 2026, 2.05 percent above the Xetra close of October 26, 2026.

Micron Technology, US5951121038, Illustration mit AI erstellt.

Micron Technology (ISIN US5951121038) stock trades at EUR 826.40 at Lang & Schwarz on October 27, 2026 at 11:40 a.m. CET, up 2.05 percent versus the Xetra close of October 26, 2026 at EUR 809.80. The move comes as investors weigh record fiscal 2026 results and a fresh analyst target of USD 1,900.00.

MarketBeat reported on October 22, 2026 that Rosenblatt Securities reiterated its Buy rating and USD 1,900.00 price target for Micron Technology. The target was part of a broader analyst discussion after the company presented its technology and product plans.

Record revenue resets the baseline

Micron Technology reported fiscal fourth-quarter 2026 revenue of USD 54.23 billion on September 30, 2026, compared with USD 11.32 billion in the same quarter a year earlier. Non-GAAP diluted earnings per share reached USD 33.42, while GAAP net income was USD 37.70 billion.

The company also guided fiscal first-quarter 2027 revenue to USD 61.50 billion plus or minus USD 1.50 billion. That outlook places the next quarter above the USD 54.23 billion fiscal fourth-quarter base, although the forecast includes continued investment and rising operating costs.

Three dates and figures

On September 30, 2026, Micron reported USD 54.23 billion in fiscal fourth-quarter revenue through its company release. On October 7, 2026, D.A. Davidson analyst Gil Luria raised his target from USD 2,100.00 to USD 3,000.00, according to Yahoo Finance. On October 22, 2026, Rosenblatt reiterated its USD 1,900.00 target, as reported by MarketBeat.

What comes next for Micron?

Micron's next dated corporate event is the USD 0.15 dividend payment scheduled for October 29, 2026, after the board declared it on September 30, 2026, according to the company release.

Analyst targets meet a rising stock

Micron's primary listing is Nasdaq under ticker MU. The euro quote's 52-week range is EUR 167.66 to EUR 1,102.60 as of October 27, 2026, leaving the current price below the upper end of that range. The earnings trajectory and analyst targets now frame the central question as whether exceptional memory demand can translate into sustained returns after heavy capacity investment.

Micron Technology stock was trading at EUR 826.40 at Lang & Schwarz on October 27, 2026 at 11:40 a.m. CET, 2.05 percent above the Xetra close of October 26, 2026 at EUR 809.80. The further course of trading is shown by the continuously updated real-time quote of Micron Technology stock.