Why Are Analysts Bullish on Micron Technology (MU) for 2025?

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We recently published a list of the Analysts Are Bullish On These 10 Stocks For 2025, Here’s Why. In this article, we are going to take a look at where Micron Technology, Inc. (NASDAQ:MU) stands against the other stocks that analysts are bullish for 2025.

US stocks registered a great start to the week with the S&P 500 index registering a gain of 100 points to close at +1.76%. The Nasdaq index, which had taken a beating recently, also registered a 2.2% gain. The renewed optimism comes as analysts price in rather moderate tariffs, much more lenient than originally thought.

Wall Street analysts continuously evaluate stocks based on recent earnings, market outlook, and economic trends. When they find a stock with a potential upside, they adjust their rating accordingly. 2025 has started off with extreme volatility but analyst upgrades continue to provide investors with a reliable source to pick up their next stock for the year.

We decided to look at what stocks the analysts are looking at and why they are bullish on these stocks. We then looked at the catalysts that could trigger this upside and came up with this list. For this top 10 list, we only considered stocks with a market cap of at least $5 billion.

Jim Cramer On Micron Technology, Inc. (MU) – “A Positive Report? The Market Hates It Anyway”

A close-up view of a computer motherboard with integrated semiconductor chips.

Micron Technology, Inc. (NASDAQ:MU) is a manufacturer, designer, developer, and seller of memory and storage products. It operates in Embedded Business Unit, Storage Business Unit, Compute and Networking Business Unit, and Mobile Business Unit segments.

According to 38 different analyst ratings, Micron Technology (NASDAQ:MU) has the highest target price of $250 which means it can be nearly triple the current levels if the bullish scenario proves accurate. In a move that helps the company inch closer to that target, Citi upgraded the stock ahead of its fiscal Q2 2025 result. The research firm maintained its Buy rating on the company, causing the stock price to go up by 1.5%.

Micron Technology (NASDAQ:MU) reported a 47% YoY DRAM revenue growth. NAND revenue grew 18% YoY but fell 17% QoQ because of price decline. The company’s gross margins stood at 37.9%, reflecting the impact of the mix shift and NAND price decrease. The results were according to the analysts’ expectations but they did highlight the concern about NAND revenue:

“We expect the company to post decent results but guide below Consensus driven by worse consumer mix and NAND (26% of F1Q25 sales) underutilization charges.”

Overall, MU ranks 5th on our list of stocks that analysts are bullish for 2025. While we acknowledge the potential of MU as a leading investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for an AI stock that is as promising as MU but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.