Deutsche Bank Initiates Coverage of Micron Technology (MU) with Buy Recommendation

Fintel reports that on July 10, 2025, Deutsche Bank initiated coverage of Micron Technology (NasdaqGS:MU) with a Buy recommendation.
Analyst Price Forecast Suggests 1.67% Upside
As of June 20, 2025, the average one-year price target for Micron Technology is $125.15/share. The forecasts range from a low of $60.60 to a high of $180.60. The average price target represents an increase of 1.67% from its latest reported closing price of $123.10 / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Micron Technology is 30,349MM, a decrease of 10.24%. The projected annual non-GAAP EPS is 5.27.
What is the Fund Sentiment?
There are 2,865 funds or institutions reporting positions in Micron Technology.
This is an increase of 35 owner(s) or 1.24% in the last quarter.
Average portfolio weight of all funds dedicated to MU is 0.43%, an increase of 10.05%.
Total shares owned by institutions decreased in the last three months by 0.03% to 1,031,337K shares.
The put/call ratio of MU is 0.99, indicating a
bullish outlook.
What are Other Shareholders Doing?

Capital World Investors holds 54,282K shares representing 4.85% ownership of the company. In its prior filing, the firm reported owning 41,096K shares , representing an increase of 24.29%. The firm increased its portfolio allocation in MU by 45.54% over the last quarter.
Primecap Management holds 37,281K shares representing 3.33% ownership of the company. In its prior filing, the firm reported owning 37,596K shares , representing a decrease of 0.85%. The firm increased its portfolio allocation in MU by 9.28% over the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 35,199K shares representing 3.15% ownership of the company. In its prior filing, the firm reported owning 34,795K shares , representing an increase of 1.15%. The firm increased its portfolio allocation in MU by 8.95% over the last quarter.
VFINX - Vanguard 500 Index Fund Investor Shares holds 30,959K shares representing 2.77% ownership of the company. In its prior filing, the firm reported owning 30,013K shares , representing an increase of 3.05%. The firm increased its portfolio allocation in MU by 8.74% over the last quarter.
Geode Capital Management holds 25,376K shares representing 2.27% ownership of the company. In its prior filing, the firm reported owning 24,450K shares , representing an increase of 3.65%. The firm increased its portfolio allocation in MU by 8.64% over the last quarter.
Micron Technology Background Information
(This description is provided by the company.)
It is an industry leader in innovative memory and storage solutions. Through its global brands - Micron® and Crucial® - its broad portfolio of high-performance memory and storage technologies, including DRAM, NAND, 3D XPoint™ memory, and NOR, is transforming how the world uses information to enrich life for all. Backed by more than 40 years of technology leadership, its memory and storage solutions enable disruptive trends, including artificial intelligence, 5G, machine learning, and autonomous vehicles, in key market segments like mobile, data center, client, consumer, industrial, graphics, automotive, and networking.