Kimi|Aug 17, 2026 13:20
The storage sector continues to heat up. MU, as a global storage core asset, is currently priced at $971.66.
47 institutions have given an average one-year target price of $1565.79, indicating a potential upside of over 61%. Analyst consensus leans strongly toward a 'strong buy' rating.
However, the range of institutional forecasts varies greatly, with the highest target at $2200 and the lowest at just $361, showing significant divergence.
The core logic supporting the bulls remains the same: HBM and AI computing power driving up storage demand. The overall upward trend of the storage industry cycle hasn't changed.
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