Micron stock pops 3% into the weekend as UBS calls memory shortage “deeper into 2027”

NodeGuardian · 2026-02-08T05:55:51+00:00

Micron Technology shares increased 3.1% after UBS raised its price target to $450, due to anticipated memory supply shortages into 2027 and strong AI data center demand. Investors are awaiting more insights from Micron's upcoming conference.

NodeGuardian

2026-02-08 05:55:51

Abstract generation in progress

Micron Technology (MU) shares rose 3.1% to $394.69 following a UBS analyst’s report that increased its price target to $450, citing memory supply shortages expected to extend “deeper into 2027.” The report highlights continued strong demand from AI data centers which is outweighing concerns that device makers might pull back on orders due to rising component prices. Investors are looking ahead to Micron’s presentation at the Wolfe Research conference on February 11th for further insights into the memory market and AI-driven demand.

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