According to foreign media, in the context of the continuing expansion of AI storage needs, the price of American light stock, although falling from the highs in June, has not shifted to the mainstream Wall Street institutions. According to the article, the follow-up will still depend on when storage supplies will improve significantly.

The year has seen a significant increase and a fall.

There was a marked swing in share prices this year. According to the article, the unit had been in the vicinity of $315 at the beginning of the year, after a monthly retreat of over 30 per cent in March, and had since been strengthened again since April, to $700 in mid-May, to $1,000 in early June, to $1,200 in late June, after the third financial season of 2026, and to approximately $975 thereafter.

According to the article, such large fluctuations are not common in traditional chip manufacturers, but, driven by AI-related concepts, market expectations of storage and high-bandwidth memory requirements magnify stock price elasticity.

Wall Street's target price remains high.

According to a summary of articles, most of the current multi-agency target prices covering Misange fall between $1,500 and $2,000. Of these, Susquehanna and Barclays gave US$ 2,000, HSBC US$ 1700, Needham US$ 1650, TD Cowen and KeyBanc US$ 1600, and Deutsche Bank, Bank of America and Morgan Chase concentrated around US$ 1540-1550.

It is mentioned that one of the central underpinnings of these targets is that the expected market gain in American light is still below 10 times the level of valuation of many AI concept chips. Under this logic, there is room for upward valuation if profits continue to expand.

Management stressed that supply remained tight

Citing the statement of CEO Sanjay Mehrotra at a newspaper conference on 24 June, the article states that the company is still not in a position to determine when storage supplies will catch up with growing demand. He also indicated that the overall market would remain tense in 2027 and that supply bias could continue beyond 2027.

According to Mehrotra, new capacity climbs take a long time, and changes in unit increments resulting from the expansion of crystal round capacity, process conversions, and changes in the structure of HBM products are suppressing overall supply growth. AI-related demand is likely to remain strong even if supply starts to improve gradually by 2028.

A signed client agreement provides some support

The article also mentioned that Misang had signed 16 strategic client agreements, locking in close to $22 billion in advances. Management had previously indicated that these agreements could not easily be withdrawn.

According to the article, this means that the company ' s orders will be relatively high in visibility for some time to come and will make the market more open to higher profit expectations. The core variable remains AI whether capital expenditure has changed more than expected, and when the storage supply and demand relationship has really eased.