Goldman Sachs raised its price target on Micron to $900 from $400 and kept a Neutral rating, saying persistent market tightness will sustain higher pricing and margins across the industry through fiscal 2027. The bank projects Micron’s fiscal Q3 (period ending May) revenue of $37.6 bln, gross margin 83.4% and EPS $22.07 versus consensus $34.4 bln, 81.9% and $19.74 — roughly a 9% revenue upside to consensus. Goldman expects pricing-led, significant sequential revenue growth in the quarter ending

Goldman Sachs raised its price target on Micron to $900 from $400 and kept a Neutral rating, saying persistent market tightness will sustain higher pricing and margins across the industry through fiscal 2027. The bank projects Micron’s fiscal Q3 (period ending May) revenue of $37.6 bln, gross margin 83.4% and EPS $22.07 versus consensus $34.4 bln, 81.9% and $19.74 — roughly a 9% revenue upside to consensus. Goldman expects pricing-led, significant sequential revenue growth in the quarter ending August. For fiscal 2026, its revenue and EPS forecasts run about 30% and 36% above consensus. Goldman also notes investor positioning remains bullish following Micron’s share rally and optimism on potential long-term customer agreements.