Brokerages Set Micron Technology, Inc. (NASDAQ:MU) PT at $295.45

Micron Technology, Inc. (NASDAQ:MU) has been assigned a consensus recommendation of “Buy” from the thirty-eight research firms that are covering the firm, Marketbeat reports. Three research analysts have rated the stock with a hold recommendation, thirty have assigned a buy recommendation and five have given a strong buy recommendation to the company. The average 12 month target price among analysts that have covered the stock in the last year is $320.6207.

A number of analysts recently issued reports on the company. Weiss Ratings raised Micron Technology from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Saturday, November 1st. Needham & Company LLC raised their price target on Micron Technology from $200.00 to $300.00 and gave the stock a “buy” rating in a research note on Tuesday, December 16th. Wedbush set a $320.00 price target on Micron Technology in a report on Thursday, December 18th. Deutsche Bank Aktiengesellschaft increased their price objective on Micron Technology from $200.00 to $280.00 and gave the stock a “buy” rating in a report on Tuesday, December 9th. Finally, Wolfe Research lifted their target price on shares of Micron Technology from $300.00 to $350.00 and gave the company an “outperform” rating in a research note on Thursday, December 18th.

Micron Technology News Roundup

Here are the key news stories impacting Micron Technology this week:

• Positive Sentiment: Director insider buy — Micron director Teyin M. Liu purchased 11,600 shares (~$3.9M) at about $337, increasing her stake ~81%, a signal management confidence that investors treat as supportive for the stock. Insider Buying: Micron Technology Director Acquires Stock
• Positive Sentiment: Industry veteran buying — Former TSMC co‑CEO Mark Liu bought roughly $8M of MU shares, interpreted as a strategic vote of confidence from an industry insider. MarketWatch: $8M vote of confidence
• Positive Sentiment: Analyst upgrades and higher price targets — Multiple firms raised targets and ratings (Cantor Fitzgerald to $450, Wells Fargo to $410, Citi to $385; RBC initiated with Outperform/$425), providing fresh buy‑side catalysts and institutional validation. Cantor Fitzgerald raises target
• Positive Sentiment: Fundamentals: HBM ramp and booked capacity — MarketBeat and other coverage highlight Micron’s accelerating HBM production, sold‑out bookings through 2026 and near‑term margin leverage from strong pricing — a core driver of upside as AI datacenter demand stays tight. MarketBeat HBM ramp story
• Neutral Sentiment: Zacks and other growth lists keep MU among top AI/semiconductor picks (Zacks Rank #1), supporting interest but also meaning MU is part of a crowded thematic trade. Zacks: Best Growth Stocks
• Neutral Sentiment: Pre‑market commentary notes renewed Wall Street attention that is lifting MU in early trading; such headlines can accelerate flows but also amplify short‑term volatility. TipRanks: Why MU is rallying pre-market
• Negative Sentiment: Profit‑taking and crowding risk — After a rapid rerating, some investors are taking profits; that selling can create short‑term pullbacks even with bullish analyst revisions. Seeking Alpha: Taking profits after rerating
• Negative Sentiment: Rotation/competition risk — Some analysts argue other AI chip names (e.g., Nvidia) could capture more investor attention and reallocations, which could divert flows away from memory stocks like MU. Zacks: This AI chip stock could be next
• Negative Sentiment: Volatility/reminder of downside scenarios — Coverage (Forbes et al.) outlines how MU has historically suffered sharp drawdowns (>30%), underscoring elevated risk despite strong fundamentals. Forbes: Risk of sharp drops

Insider Activity

In related news, Director Teyin M. Liu purchased 11,600 shares of Micron Technology stock in a transaction on Wednesday, January 14th. The stock was bought at an average price of $337.22 per share, with a total value of $3,911,752.00. Following the completion of the transaction, the director directly owned 25,910 shares of the company’s stock, valued at approximately $8,737,370.20. This represents a 81.06% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP April S. Arnzen sold 15,000 shares of the company’s stock in a transaction dated Monday, December 22nd. The stock was sold at an average price of $277.09, for a total value of $4,156,350.00. Following the sale, the executive vice president owned 165,618 shares of the company’s stock, valued at approximately $45,891,091.62. This trade represents a 8.30% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 318,800 shares of company stock valued at $72,333,387. Corporate insiders own 0.24% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in MU. Vanguard Group Inc. lifted its stake in Micron Technology by 0.7% in the third quarter. Vanguard Group Inc. now owns 104,653,450 shares of the semiconductor manufacturer’s stock valued at $17,510,615,000 after acquiring an additional 773,788 shares during the last quarter. State Street Corp raised its holdings in shares of Micron Technology by 0.6% in the 3rd quarter. State Street Corp now owns 51,659,173 shares of the semiconductor manufacturer’s stock valued at $8,643,613,000 after purchasing an additional 285,582 shares during the period. Geode Capital Management LLC lifted its stake in Micron Technology by 1.2% in the 2nd quarter. Geode Capital Management LLC now owns 25,690,491 shares of the semiconductor manufacturer’s stock valued at $3,152,974,000 after purchasing an additional 314,489 shares during the last quarter. Capital International Investors grew its holdings in Micron Technology by 0.7% during the third quarter. Capital International Investors now owns 23,372,821 shares of the semiconductor manufacturer’s stock worth $3,910,198,000 after purchasing an additional 155,860 shares during the period. Finally, Norges Bank acquired a new position in Micron Technology during the second quarter worth approximately $1,980,700,000. Institutional investors and hedge funds own 80.84% of the company’s stock.

Micron Technology Trading Up 1.0%

Shares of NASDAQ MU opened at $336.63 on Friday. The company has a current ratio of 2.46, a quick ratio of 1.78 and a debt-to-equity ratio of 0.19. Micron Technology has a one year low of $61.54 and a one year high of $351.23. The business has a 50-day moving average price of $265.40 and a two-hundred day moving average price of $190.13. The firm has a market capitalization of $378.88 billion, a PE ratio of 32.00, a PEG ratio of 0.21 and a beta of 1.50.

Micron Technology (NASDAQ:MU) last posted its quarterly earnings results on Wednesday, December 17th. The semiconductor manufacturer reported $4.78 EPS for the quarter, topping the consensus estimate of $3.77 by $1.01. Micron Technology had a net margin of 28.15% and a return on equity of 22.71%. The business had revenue of $13.64 billion during the quarter, compared to analysts’ expectations of $12.62 billion. During the same period last year, the company posted $1.79 earnings per share. The firm’s quarterly revenue was up 56.7% compared to the same quarter last year. Micron Technology has set its Q2 2026 guidance at 8.220-8.620 EPS. As a group, analysts predict that Micron Technology will post 6.08 earnings per share for the current fiscal year.

Micron Technology Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 14th. Investors of record on Monday, December 29th were issued a $0.115 dividend. The ex-dividend date was Monday, December 29th. This represents a $0.46 dividend on an annualized basis and a yield of 0.1%. Micron Technology’s dividend payout ratio is currently 4.37%.

Micron Technology Company Profile

Micron Technology, Inc is a global semiconductor company that designs and manufactures memory and storage solutions. Its product portfolio includes dynamic random-access memory (DRAM), NAND flash memory, solid-state drives (SSDs), memory modules and embedded memory solutions for a wide range of computing and electronic devices. Micron supplies components used in data centers, enterprise and cloud infrastructure, client computing, mobile devices, automotive systems and industrial applications, and also markets consumer-facing products under the Crucial brand.

Founded in 1978 and headquartered in Boise, Idaho, Micron has grown into an international manufacturer with research, development and production facilities across multiple regions.