Micron Technology (NASDAQ:MU) Shares Down 3.1% – Time to Sell?

Micron Technology, Inc. (NASDAQ:MU)’s share price was down 3.1% during trading on Thursday . The stock traded as low as $401.96 and last traded at $415.56. Approximately 35,135,514 shares changed hands during mid-day trading, a decline of 4% from the average daily volume of 36,647,012 shares. The stock had previously closed at $429.00.

More Micron Technology News

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

• Positive Sentiment: S&P upgraded Micron’s credit rating to BBB, citing stronger AI-driven memory demand — a vote of confidence for Micron’s cash flow and investment capacity that supports the company’s large capacity buildouts and long-term growth plans. Micron rating raised to BBB by S&P on AI demand growth
• Positive Sentiment: Micron is accelerating a multi‑year U.S. buildout (~US$200B program cited in coverage) to expand HBM and DRAM capacity to capture AI/datacenter spending — this capital investment aligns supply to strong demand and supports revenue/margin upside. Micron Ramps US$200b US Buildout As AI Demand Tests Valuation
• Positive Sentiment: Analyst and media coverage remains bullish: pieces highlight MU’s outperformance versus peers, HBM tightness, pricing leverage and strong margin outlook — reinforcing the growth narrative that’s driven the stock’s big run. How Is Micron Technology’s Stock Performance Compared to Other Semiconductor Stocks
• Neutral Sentiment: Micron set its fiscal Q2 earnings date for March 18 — a near-term catalyst that could amplify moves in either direction depending on guidance and demand commentary. Up Over 300%, Should You Buy Micron Stock Right Now?
• Negative Sentiment: Despite strong fundamentals, several articles flag valuation and profit-taking risk (stock near record highs and up heavily YTD). That dynamic — plus traders locking gains ahead of the March earnings call — helps explain today’s pullback. Micron Stock Trades Near Record High — Cash Out or Hold On?

Analysts Set New Price Targets

Several brokerages have commented on MU. Phillip Securities upgraded Micron Technology to a “strong-buy” rating in a research note on Monday, February 2nd. Stifel Nicolaus increased their target price on Micron Technology from $300.00 to $360.00 and gave the stock a “buy” rating in a report on Tuesday, January 20th. Bank of America lifted their price target on Micron Technology from $300.00 to $400.00 and gave the company a “buy” rating in a report on Tuesday, January 13th. Raymond James Financial lifted their price objective on shares of Micron Technology from $190.00 to $310.00 and gave the stock an “outperform” rating in a research note on Thursday, December 18th. Finally, Wedbush set a $320.00 price objective on Micron Technology in a research report on Thursday, December 18th. Six investment analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Buy” and an average target price of $358.38.

Micron Technology Trading Down 3.1%

The company’s fifty day moving average price is $362.73 and its two-hundred day moving average price is $249.11. The company has a quick ratio of 1.78, a current ratio of 2.46 and a debt-to-equity ratio of 0.19. The company has a market cap of $467.72 billion, a price-to-earnings ratio of 39.50 and a beta of 1.52.

Micron Technology (NASDAQ:MU) last issued its quarterly earnings data on Wednesday, December 17th. The semiconductor manufacturer reported $4.78 EPS for the quarter, topping 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 net margin of 28.15% and a return on equity of 22.71%. The company’s revenue was up 56.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.79 EPS. Micron Technology has set its Q2 2026 guidance at 8.220-8.620 EPS. Research analysts expect that Micron Technology, Inc. will post 6.08 earnings per share for the current year.

Micron Technology Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 14th. Investors of record on Monday, December 29th were paid a dividend of $0.115 per share. This represents a $0.46 annualized dividend 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 presently 4.37%.

Insider Buying and Selling at Micron Technology

In other news, Director Steven J. Gomo sold 5,000 shares of Micron Technology stock in a transaction that occurred on Friday, December 19th. The shares were sold at an average price of $263.63, for a total value of $1,318,150.00. Following the sale, the director directly owned 19,139 shares in the company, valued at $5,045,614.57. This trade represents a 20.71% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Manish H. Bhatia sold 26,623 shares of the firm’s stock in a transaction dated Thursday, January 22nd. The shares were sold at an average price of $391.04, for a total value of $10,410,657.92. Following the completion of the transaction, the executive vice president owned 323,486 shares of the company’s stock, valued at $126,495,965.44. The trade was a 7.60% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have purchased 23,200 shares of company stock worth $7,821,723 and have sold 73,623 shares worth $27,307,408. Company insiders own 0.24% of the company’s stock.

Institutional Investors Weigh In On Micron Technology

A number of institutional investors have recently made changes to their positions in MU. REAP Financial Group LLC bought a new position in Micron Technology in the third quarter valued at about $25,000. High Note Wealth LLC increased its position in Micron Technology by 65.4% in the 4th quarter. High Note Wealth LLC now owns 86 shares of the semiconductor manufacturer’s stock valued at $25,000 after buying an additional 34 shares in the last quarter. Barnes Dennig Private Wealth Management LLC purchased a new stake in shares of Micron Technology in the third quarter worth approximately $27,000. Elevation Wealth Partners LLC boosted its holdings in Micron Technology by 295.8% during the fourth quarter. Elevation Wealth Partners LLC now owns 95 shares of the semiconductor manufacturer’s stock worth $27,000 after purchasing an additional 71 shares during the last quarter. Finally, Steigerwald Gordon & Koch Inc. raised its stake in shares of Micron Technology by 4,800.0% during the 4th 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 period. 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.