Rosenblatt reaffirms Buy rating for Micron Technology stock

Published on 10/14/2026 at 12:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Rosenblatt keeps a USD 1,900.00 target on October 13, 2026. Micron Technology stock trades at EUR 842.20 on October 14, 2026 versus EUR 836.50.

Targets and quarterly milestones

On October 13, 2026, Rosenblatt Securities reissued a Buy rating and USD 1,900.00 target.
Micron's fiscal Q4 2026 revenue reached USD 54.23 billion versus USD 11.32 billion a year earlier.
Micron Technology stock trades at EUR 842.20 at 12:25 p.m. CEST at Lang & Schwarz on October 14, 2026, 0.68 percent above the Xetra close of October 13, 2026 at EUR 836.50.

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Micron Technology (ISIN US5951121038) stock was trading at EUR 842.20 at Lang & Schwarz on October 14, 2026 at 12:25 p.m. CEST, 0.68 percent above the Xetra close of October 13, 2026 at EUR 836.50. The Cerbat Gem reports that Rosenblatt Securities reissued its Buy rating and set a USD 1,900.00 price target on October 13, 2026.

Record year raises the bar

Micron's fiscal fourth-quarter revenue reached USD 54.23 billion for the quarter ended September 3, 2026, versus USD 11.32 billion a year earlier. The company also reported GAAP net income of USD 37.70 billion and non-GAAP diluted earnings per share of USD 33.42 for the same period, according to Micron.

The full fiscal year 2026 added scale to the recovery: revenue came to USD 133.19 billion versus USD 37.38 billion in fiscal 2025, while GAAP net income reached USD 84.97 billion versus USD 8.54 billion. Micron guided fiscal first-quarter 2027 revenue to USD 61.5 billion plus or minus USD 1.5 billion in the same release.

Three milestones in twelve months

On September 30, 2026, Micron reported fiscal fourth-quarter revenue of USD 54.23 billion through its official release. On October 7, 2026, D.A. Davidson raised its target from USD 2,100.00 to USD 3,000.00 while maintaining a Buy rating, as Yahoo Finance reported. On October 13, 2026, Rosenblatt reissued its Buy rating with a USD 1,900.00 target.

What comes next for cash returns?

Micron's board declared a quarterly dividend of USD 0.15 per share on September 30, 2026, with October 14, 2026 as the record date and October 29, 2026 as the payment date, according to Micron. The immediate investor calculation is therefore a combination of powerful reported growth, elevated analyst expectations and heavy future investment requirements.

Micron stock holds above Xetra close

At Lang & Schwarz, Micron Technology stock stood at EUR 842.20 on October 14, 2026 at 12:25 p.m. CEST, 0.68 percent above the Xetra close of October 13, 2026 at EUR 836.50. The quote was intraday rather than a closing price, while Micron's Nasdaq listing and MU ticker are identified in the company's fiscal 2026 release. The further course of trading is shown by the continuously updated real-time quote of Micron Technology stock.