Micron Technology (NASDAQ:MU) Price Target Raised to $500.00

Micron Technology (NASDAQ:MU) had its price objective increased by analysts at Wedbush from $320.00 to $500.00 in a report released on Friday, MarketBeat.com reports. The firm presently has an “outperform” rating on the semiconductor manufacturer’s stock. Wedbush’s price objective would suggest a potential upside of 18.67% from the stock’s previous close.

Other research analysts also recently issued reports about the stock. HSBC boosted their price objective on shares of Micron Technology from $350.00 to $500.00 and gave the company a “buy” rating in a research report on Friday, January 23rd. Barclays increased their target price on shares of Micron Technology from $275.00 to $450.00 and gave the stock an “overweight” rating in a research report on Friday, January 16th. Needham & Company LLC boosted their price target on shares of Micron Technology from $380.00 to $450.00 and gave the company a “buy” rating in a report on Tuesday, February 17th. Wall Street Zen raised shares of Micron Technology from a “buy” rating to a “strong-buy” rating in a research note on Sunday, November 23rd. Finally, William Blair assumed coverage on Micron Technology in a report on Thursday, January 22nd. They set an “outperform” rating for the company. Six research analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of $389.41.

Micron Technology Stock Up 3.9%

Micron Technology stock traded up $15.98 during mid-day trading on Friday, hitting $421.33. The company’s stock had a trading volume of 15,309,351 shares, compared to its average volume of 35,323,020. Micron Technology has a 52-week low of $61.54 and a 52-week high of $455.50. The company has a market cap of $474.21 billion, a PE ratio of 40.08 and a beta of 1.50. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.46 and a quick ratio of 1.78. The firm’s 50 day moving average is $389.13 and its 200 day moving average is $269.51.

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

Insider Buying and Selling at Micron Technology

In related news, EVP April S. Arnzen sold 15,000 shares of Micron Technology stock in a transaction on Monday, December 22nd. The shares were sold at an average price of $277.09, for a total value of $4,156,350.00. Following the completion of the sale, the executive vice president owned 165,618 shares of the company’s stock, valued at approximately $45,891,091.62. The trade was a 8.30% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Steven J. Gomo sold 5,000 shares of the company’s stock in a transaction on Friday, December 19th. The stock was sold at an average price of $263.63, for a total transaction of $1,318,150.00. Following the completion of the sale, the director owned 19,139 shares of the company’s stock, valued at $5,045,614.57. This represents a 20.71% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, 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 Trading of Micron Technology

Several large investors have recently made changes to their positions in the stock. Norges Bank acquired a new stake in Micron Technology in the 4th quarter worth approximately $6,433,456,000. AQR Capital Management LLC grew its holdings in Micron Technology by 411.9% during the third quarter. AQR Capital Management LLC now owns 3,627,022 shares of the semiconductor manufacturer’s stock valued at $606,873,000 after purchasing an additional 2,918,535 shares during the last quarter. Arrowstreet Capital Limited Partnership grew its holdings in Micron Technology by 1,340.6% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 2,820,986 shares of the semiconductor manufacturer’s stock valued at $805,148,000 after purchasing an additional 2,625,169 shares during the last quarter. Slate Path Capital LP bought a new position in shares of Micron Technology in the second quarter valued at approximately $317,751,000. Finally, Vanguard Group Inc. raised its position in shares of Micron Technology by 1.9% in the second quarter. Vanguard Group Inc. now owns 103,879,662 shares of the semiconductor manufacturer’s stock valued at $12,803,168,000 after purchasing an additional 1,973,294 shares during the period. Institutional investors own 80.84% of the company’s stock.

Key Micron Technology News

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

• Positive Sentiment: Analysts expect Micron to beat Q2 estimates as AI-driven memory demand, better pricing and new chip ramps support revenue and margins. Micron Likely to Beat Q2 Earnings Estimates: Should You Buy the Stock?
• Positive Sentiment: HBM is sold out for 2026 and Micron reports strong fiscal Q1 revenue, margins and free cash flow—supporting the view that AI demand will keep pricing and profitability elevated. Micron’s Next Chapter Starts After Q2
• Positive Sentiment: Multiple analyst upgrades and higher price targets (including reports of Wolfe Research setting a $500 target and Susquehanna lifting its target) are fueling buying interest and sentiment. Micron (MU) Stock Surges as Wolfe Research Sets $500 Price Target on AI Memory Boom
• Neutral Sentiment: Third-party suppliers in the memory ecosystem (e.g., Aehr Test Systems) are winning AI-related orders — a potential indirect positive for Micron if NAND wafer testing demand expands, but impact on Micron revenue is uncertain. AEHR Keeps Winning: Up +100% With Memory Chip Deal Potential (MU)
• Neutral Sentiment: Market-interest writeups and crowd-wisdom pieces highlight MU’s strong YTD gains (~40%+ in recent weeks) and ownership dynamics ahead of earnings — useful context but not an immediate fundamental change. Micron Stock (MU) Gains 42% YTD — What Crowd Wisdom Signals Ahead of Q2 Earnings
• Negative Sentiment: Short-term profit-taking and headline-driven volatility have pushed MU lower in intraday sessions recently; a note highlights a steeper-than-market pullback on March 12. Traders should expect volatility around the recent 52-week high. Micron (MU) Falls More Steeply Than Broader Market: What Investors Need to Know
• Negative Sentiment: Despite strong fundamentals, some articles flag high short-term valuation and the risk of pullbacks after a large multi-quarter rally — a reminder that upside depends on continued AI demand and execution. Why Micron Stock Is Sinking Today

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.