Micron Technology (NASDAQ:MU) Trading Down 4.2% – What’s Next?

Micron Technology, Inc. (NASDAQ:MU)’s stock price fell 4.2% on Tuesday . The stock traded as low as $407.53 and last traded at $419.44. 42,156,677 shares traded hands during mid-day trading, an increase of 12% from the average session volume of 37,710,402 shares. The stock had previously closed at $437.80.

More Micron Technology News

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

• Positive Sentiment: Micron announced a massive $24 billion Singapore NAND megafab project — a long‑term capacity commitment that signals strong NAND demand and strengthens Micron’s scale in a hot segment. Micron Technology (MU) Is Up 6.7% After Launching $24 Billion Singapore NAND Megafab Project
• Positive Sentiment: Analysts and media point to AI memory demand as the core driver of the recent surge — hyperscale AI customer spend is lifting DRAM/HBM pricing and volumes, which materially improves Micron’s revenue and margin outlook. How Micron Technology Stock Soared 45% Last Month
• Positive Sentiment: Apple cited memory constraints on its earnings call, which investors view as supportive for Micron because it implies continued demand and limited near‑term supply, benefiting pricing. Apple CEO Tim Cook Just Gave Great News to Micron Investors
• Positive Sentiment: Sell‑side support: Phillip Securities set a $500 price target citing HBM demand, and Mizuho raised its target to $480 and kept an Outperform — analyst upgrades bolster near‑term sentiment and provide institutional validation. Micron (MU) Stock: Phillip Securities Sets $500 Price Target on HBM Demand Mizuho Lifts Micron Technology, Inc. (MU)’s Price Target To $480, Maintains Outperform Rating
• Neutral Sentiment: Some analysts argue Micron’s tailwinds may already be priced in — that limits upside and raises the bar for further positive catalysts. Watch upcoming guidance and order trends for confirmation. Micron: Tailwinds Priced In
• Neutral Sentiment: Market writeups debate valuation and investor positioning (Is it too late? evolving story pieces). These highlight both the growth case and valuation risk — relevant for any new money allocation. How The Evolving Story On Micron Technology (MU) Is Shaping Its Valuation Now
• Negative Sentiment: Profit‑taking and investor concerns are pressuring the stock today — after doubling from November lows, some holders are locking gains; commentators also flag unusual options flows and worries about very large capex commitments that could compress near‑term free cash flow. Micron stock sinks after big rally: why profit-taking is hitting now

Wall Street Analysts Forecast Growth

A number of analysts have commented on MU shares. Wolfe Research increased their price target 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. Weiss Ratings reiterated a “buy (b-)” rating on shares of Micron Technology in a research note on Thursday. HSBC boosted their price target on Micron Technology from $350.00 to $500.00 and gave the stock a “buy” rating in a research report on Friday, January 23rd. Itau BBA Securities reaffirmed an “outperform” rating on shares of Micron Technology in a research report on Thursday, December 18th. Finally, BNP Paribas Exane raised Micron Technology from an “underperform” rating to an “outperform” rating and set a $270.00 target price on the stock in a report on Monday, October 13th. Five analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of $349.76.

Micron Technology Stock Performance

The company has a market cap of $472.08 billion, a P/E ratio of 39.87 and a beta of 1.51. The stock has a 50 day moving average price of $305.59 and a two-hundred day moving average price of $214.69. The company has a quick ratio of 1.78, a current ratio of 2.46 and a debt-to-equity ratio of 0.19.

Micron Technology (NASDAQ:MU) last issued its quarterly earnings data on Wednesday, December 17th. The semiconductor manufacturer reported $4.78 EPS for the quarter, beating analysts’ consensus estimates of $3.77 by $1.01. The firm had revenue of $13.64 billion for the quarter, compared to analyst estimates of $12.62 billion. Micron Technology had a return on equity of 22.71% and a net margin of 28.15%.The company’s revenue for the quarter was up 56.7% on a year-over-year basis. During the same period in the prior year, the firm posted $1.79 EPS. Micron Technology has set its Q2 2026 guidance at 8.220-8.620 EPS. On average, research analysts predict that Micron Technology, Inc. will post 6.08 earnings per share for the current fiscal year.

Micron Technology Dividend Announcement

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

Insiders Place Their Bets

In other Micron Technology news, EVP April S. Arnzen sold 15,000 shares of Micron Technology stock in a transaction on 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 completion of the transaction, the executive vice president directly owned 165,618 shares of the company’s stock, valued at $45,891,091.62. The trade was a 8.30% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Teyin M. Liu bought 7,820 shares of Micron Technology stock in a transaction dated Wednesday, January 14th. The shares were bought at an average cost of $337.50 per share, for a total transaction of $2,639,250.00. Following the completion of the acquisition, the director owned 25,910 shares in the company, valued at $8,744,625. This represents a 43.23% increase in their position. The SEC filing for this purchase provides additional information. In the last quarter, 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 currently owned by corporate insiders.

Institutional Investors Weigh In On Micron Technology

Several institutional investors and hedge funds have recently bought and sold shares of the company. Manning & Napier Advisors LLC lifted its holdings in shares of Micron Technology by 2.4% during the 4th quarter. Manning & Napier Advisors LLC now owns 1,030 shares of the semiconductor manufacturer’s stock worth $301,000 after acquiring an additional 24 shares during the period. Round Rock Advisors LLC lifted its stake in Micron Technology by 0.6% during the fourth quarter. Round Rock Advisors LLC now owns 4,333 shares of the semiconductor manufacturer’s stock worth $1,237,000 after purchasing an additional 25 shares during the last quarter. Arlington Trust Co LLC raised its holdings in shares of Micron Technology by 26.3% during the 4th quarter. Arlington Trust Co LLC now owns 120 shares of the semiconductor manufacturer’s stock worth $34,000 after buying an additional 25 shares in the last quarter. Manuka Financial LLC lifted its position in shares of Micron Technology by 2.3% during the 4th quarter. Manuka Financial LLC now owns 1,243 shares of the semiconductor manufacturer’s stock worth $355,000 after buying an additional 28 shares during the last quarter. Finally, Valued Wealth Advisors LLC boosted its stake in Micron Technology by 20.9% in the fourth quarter. Valued Wealth Advisors LLC now owns 168 shares of the semiconductor manufacturer’s stock valued at $48,000 after buying an additional 29 shares in the last quarter. Institutional investors own 80.84% of the company’s 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.