D.A. Davidson raised Micron Technology stock target to USD 3,000

Published on 10/19/2026 at 10:26 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Micron Technology stock costs EUR 800.75 on October 19, 2026. It is 0.03 percent below EUR 801.00, the Xetra close; dividend pays October 29, 2026.

Analyst target and company outlook

D.A. Davidson lifted its Micron target to USD 3,000 from USD 2,100 on October 7, 2026.
Micron guided fiscal first-quarter 2027 revenue to USD 61.5 billion on September 30, 2026.
Micron Technology stock traded at EUR 800.75 at 10:17 a.m. CEST at Lang & Schwarz on October 19, 2026, 0.03 percent below the Xetra close of October 16, 2026.
Micron declared a USD 0.15 dividend payable on October 29, 2026.

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Micron Technology (ISIN US5951121038) traded at EUR 800.75 at Lang & Schwarz on October 19, 2026 at 10:17 a.m. CEST, 0.03 percent below the Xetra close of October 16, 2026 at EUR 801.00. The latest analyst catalyst came on October 7, 2026, when D.A. Davidson raised its 12-month price target from USD 2,100 to USD 3,000 while reiterating a Buy rating, as CNBC reported.

Target reaches USD 3,000

D.A. Davidson analyst Gil Luria based the higher target on Micron's valuation potential after meetings with management. The firm said Micron aims to tie 50 percent of revenue to long-term strategic customer agreements, a structure intended to support sales visibility through the memory cycle.

The chronology is clear. On September 30, 2026, Micron reported fiscal fourth-quarter revenue of USD 54.23 billion, up from USD 11.32 billion a year earlier, according to the company's Micron Technology release. On October 1, 2026, Rosenblatt raised its target to USD 1,900 from USD 1,500, as TheStreet reported. The October 7, 2026 D.A. Davidson increase to USD 3,000 came last.

What does the revenue jump mean?

Micron's fiscal fourth-quarter non-GAAP diluted earnings per share reached USD 33.42, versus USD 3.03 a year earlier, while non-GAAP gross margin rose to 87.0 percent, according to the September 30 release. The company guided fiscal first-quarter 2027 revenue to USD 61.5 billion plus or minus USD 1.5 billion and non-GAAP diluted earnings per share to USD 38.15 plus or minus USD 1.00. The guidance puts the next quarter's midpoint USD 7.27 billion above fiscal fourth-quarter revenue.

Next payment date is October 29

Micron declared a quarterly dividend of USD 0.15 per share on September 30, 2026, payable on October 29, 2026, to shareholders of record as of October 14, 2026, according to the company release. This is the next dated corporate event substantiated in the company's latest results announcement.

Stock holds near the Xetra close

For investors, the central tension is the gap between exceptional operating figures and a valuation target that assumes further expansion. Micron reported fiscal 2026 revenue of USD 133.19 billion, compared with USD 37.38 billion in fiscal 2025, while fiscal 2026 operating cash flow reached USD 89.68 billion.

At Lang & Schwarz, Micron Technology stock was trading at EUR 800.75 on October 19, 2026 at 10:17 a.m. CEST, 0.03 percent below the Xetra close of October 16, 2026 at EUR 801.00. The further course of trading is shown by the continuously updated real-time quote of Micron Technology stock.