Micron Technology is set to release its fiscal second-quarter results after the market close on Thursday. The company, known for its volatile stock performance, has seen its shares rise approximately 22% in 2025, outperforming the broader market. Analysts remain optimistic about Micron’s prospects, particularly as pricing and demand for its chips are expected to improve later this year. Citi maintains a buy rating with a $150 price target, anticipating decent results but below-consensus guidance. Wells Fargo stays overweight on Micron, expecting inventory recovery in the second half of the year. JPMorgan keeps an overweight rating, highlighting strong pricing trends in DRAM solutions and sustained HBM demand. UBS maintains a buy rating, noting potential gross margin improvements through 2025. Stifel sticks to its buy rating, expecting second-quarter results to meet estimates but lowering third-quarter forecasts due to lingering softness in memory pricing. — news from CNBC
