Micron Technology (NASDAQ:MU) Price Target Raised to $480.00

Micron Technology (NASDAQ:MU) had its price objective raised by Mizuho from $390.00 to $480.00 in a report published on Tuesday morning,Benzinga reports. Mizuho currently has an outperform rating on the semiconductor manufacturer’s stock.

MU has been the subject of several other reports. UBS Group lifted their price target on Micron Technology from $300.00 to $400.00 and gave the stock a “buy” rating in a report on Wednesday, January 7th. Royal Bank Of Canada began coverage on Micron Technology in a report on Thursday, January 15th. They set an “outperform” rating and a $425.00 target price for the company. Itau BBA Securities reissued an “outperform” rating on shares of Micron Technology in a research report on Thursday, December 18th. Needham & Company LLC raised their price target on shares of Micron Technology from $200.00 to $300.00 and gave the stock a “buy” rating in a research report on Tuesday, December 16th. Finally, BNP Paribas Exane raised shares of Micron Technology from an “underperform” rating to an “outperform” rating and set a $270.00 price objective for the company in a report on Monday, October 13th. Five research analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of $349.76.

Micron Technology Price Performance

NASDAQ:MU opened at $435.79 on Tuesday. The company has a market cap of $490.49 billion, a P/E ratio of 41.42 and a beta of 1.50. The firm’s fifty day moving average price is $297.17 and its two-hundred day moving average price is $209.04. Micron Technology has a one year low of $61.54 and a one year high of $444.71. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.46 and a quick ratio of 1.78.

Micron Technology (NASDAQ:MU) last announced its 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 the consensus estimate of $12.62 billion. During the same quarter in the previous year, the firm posted $1.79 EPS. Micron Technology’s 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. Equities analysts expect that Micron Technology will post 6.08 earnings per share for the current year.

Micron Technology Dividend Announcement

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

Insiders Place Their Bets

In other Micron Technology news, Director Steven J. Gomo sold 5,000 shares of the business’s stock in a transaction that occurred on Friday, December 19th. The shares were sold at an average price of $263.63, for a total transaction of $1,318,150.00. Following the completion of the transaction, the director directly owned 19,139 shares in the company, valued at $5,045,614.57. The trade was a 20.71% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Sanjay Mehrotra sold 8,757 shares of the company’s stock in a transaction on Thursday, November 6th. The stock was sold at an average price of $241.34, for a total value of $2,113,414.38. Following the sale, the chief executive officer owned 400,321 shares of the company’s stock, valued at $96,613,470.14. The trade was a 2.14% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders purchased 23,200 shares of company stock valued at $7,821,723 and sold 61,123 shares valued at $19,547,151. 0.24% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Elevation Wealth Partners LLC increased its holdings in Micron Technology by 295.8% in the 4th quarter. Elevation Wealth Partners LLC now owns 95 shares of the semiconductor manufacturer’s stock worth $27,000 after purchasing an additional 71 shares in the last quarter. Steigerwald Gordon & Koch Inc. grew its holdings in shares of Micron Technology by 4,800.0% during the fourth quarter. Steigerwald Gordon & Koch Inc. now owns 98 shares of the semiconductor manufacturer’s stock worth $28,000 after purchasing an additional 96 shares during the last quarter. GHP Investment Advisors Inc. increased its stake in shares of Micron Technology by 91.2% in the fourth quarter. GHP Investment Advisors Inc. now owns 109 shares of the semiconductor manufacturer’s stock valued at $31,000 after buying an additional 52 shares during the period. Noble Wealth Management PBC bought a new position in Micron Technology in the 4th quarter valued at approximately $40,000. Finally, REAP Financial Group LLC bought a new position in Micron Technology in the 3rd quarter valued at approximately $25,000. 80.84% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting Micron Technology

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

• Positive Sentiment: Analyst and market bulls argue the memory market has structurally shifted due to AI, extending supply tightness into 2027–2028 and supporting sustained HBM pricing and margins — a core bullish thesis for MU. Why This Micron Rally Holds
• Positive Sentiment: Micron’s CEO remains bullish on AI infrastructure demand and sees no near-term easing — management tone supports the view that revenue and margins can stay elevated. Think Micron Technology’s Stock May Have Peaked? This Is Why Its CEO Remains Bullish.
• Positive Sentiment: Samsung’s earnings commentary signaled a “golden era” for memory chips, reinforcing sector-wide optimism that benefits Micron as a top competitor. Sector confirmation from Samsung supports upside expectations for MU. Micron Stock Pops. Samsung Signals ‘Golden Era’ for Memory Chips.
• Positive Sentiment: Micron broke ground on a massive expansion in Singapore (about $24B over 10 years) to boost NAND capacity — a long-term growth and capacity play tied directly to AI/data-center demand. Micron (MU) Expands Manufacturing Footprint as AI Drives Long-Term Memory Demand
• Positive Sentiment: Analyst upgrades and price-target increases pushed MU to a new 12‑month high, reinforcing momentum trading and attracting fresh institutional interest. Micron Technology (NASDAQ:MU) Reaches New 12-Month High Following Analyst Upgrade
• Positive Sentiment: Multiple write-ups highlight AI-driven demand supporting Micron’s margin expansion — this is a key earnings catalyst investors are paying for. AI-Driven Demand Supports Micron Technology’s (MU) Margin Expansion
• Neutral Sentiment: Heavy put-option activity has been noted after a rapid run-up; this can indicate hedging/speculation rather than conviction and may increase near-term volatility. Unusual Put Options Activity In Micron Technology After MU Stock Doubles In 2 Months
• Negative Sentiment: At least one bearish analyst argues that after a big rally (from low levels), MU may be vulnerable to a pullback — a reminder that profit-taking and cyclical risk remain. Micron: I Was Bullish At $89, But At $400, It’s Time To Sell Before A Potential Bust Cycle
• Negative Sentiment: An insider (Manish Bhatia) sold ~26.6k shares recently — worth watching, though insider sales are not uncommon after strong run-ups. Manish Bhatia Sells 26,623 Shares of Micron Technology (NASDAQ:MU) Stock

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.