Overview

• Mizuho raised its Micron price target to $182 with an Outperform rating, citing accelerated high‑bandwidth memory demand and HBM3e sales linked to Nvidia’s GB300.
• Mizuho estimates GB300 made up about 25% of Nvidia’s July‑quarter shipments and could top 50% in the October quarter, which it says may provide upside to Micron’s November‑quarter outlook.
• Deutsche Bank kept a Buy rating and lifted its target to roughly $175, projecting DRAM supply constraints into 2026 that support higher average selling prices and a path to gross margins above 50%.
• Deutsche Bank raised its 2026 forecasts to $54.3 billion in revenue and $15.45 in EPS, reflecting expected HBM share gains and tight wafer capacity.
• Micron shares fell 3.6% on Sept. 19 after an earlier drop of up to 5.6%, yet the stock remains about 32% higher over the past month on AI infrastructure demand signals from customers such as Nvidia, CoreWeave and Broadcom.