Micron Technology has received a Strong Buy rating from Seeking Alpha contributors in September 2026, with a price target of $2,463 per share. Analysts highlight the company's ability to produce DRAM and NAND memory at scale and note that Micron has secured over $2 billion in customer deposits through long-term supply agreements.
In contrast, Goldman Sachs assigned a Neutral rating to Micron in late September 2026. The bank noted a decline in the median forward price-to-earnings ratio for AI infrastructure stocks, which dropped from 32x in April 2026 to 22x. While maintaining Buy ratings for Nvidia and Broadcom, Goldman Sachs suggests that memory suppliers are less directly integrated into the AI compute stack.
The disagreement reflects a broader market debate regarding the durability of AI infrastructure earnings. While Seeking Alpha contributors emphasize Micron's high gross margins and binding contracts as a buffer against market volatility, Goldman Sachs points to a cooling in investor valuations as a reason for caution.
