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Cantor Fitzgerald Reiterates 'Overweight' Rating on Micron Technology, Inc. (MU) With $155 PT

By Faheem Tahir | August 17, 2025, 2:29 AM

With strong hedge fund interest and a low price-to-earnings ratio, Micron Technology, Inc. (NASDAQ:MU) secures a place on our list of the 10 Most Undervalued Value Stocks to Buy Now.

Cantor Fitzgerald Reiterates ‘Overweight’ Rating on Micron Technology, Inc. (MU) With $155 PT
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On August 12, 2025, Cantor Fitzgerald reiterated its ‘Overweight’ rating on Micron Technology, Inc. (NASDAQ:MU) with a $155 price target. This reaffirmation follows the company’s raised guidance for its August quarter.

Furthermore, the analyst highlighted the improving outlook for DRAM supply and demand, driving its bullish stance. Meanwhile, continued improvements in the NAND market are also noted. At the same time, Micron Technology, Inc. (NASDAQ:MU)’s ongoing efforts to deliver premium memory and storage solutions fuel the analyst sentiment. Lastly, the analyst dismissed the concerns about High Bandwidth Memory (HBM), stating its pricing and margins are “overdone.”

Primarily operating across the United States, Taiwan, Singapore, Japan, Malaysia, China, and India, Micron Technology, Inc. (NASDAQ:MU) manufactures and sells memory and storage products. It is included in our list of the most undervalued value stocks to buy.

While we acknowledge the potential of MU as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 11 Best Gold Penny Stocks to Buy According to Hedge Funds and 11 Best Rebound Stocks to Buy According to Hedge Funds.

Disclosure: None.

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