UBS lifts Micron price target to $1,625 from $535 as shares pass $1 trillion

UBS raised its price target on Micron to $1,625 from $535, almost tripling it, on the day the stock was reported to top a $1 trillion market value. Micron opened at $820.50 that morning. The target change was the main research catalyst in the stock's late-May rally.

• UBS price target raised to $1,625 from $535 (about 3.0 times)
• Micron opened at $820.50 on May 26, 2026
• Reported as Micron topping a $1 trillion market capitalization