Micron Technology (NASDAQ:MU) Posts Earnings Results

Micron Technology (NASDAQ:MU) released its earnings results on Wednesday. The semiconductor manufacturer reported $12.20 earnings per share for the quarter, beating the consensus estimate of $8.50 by $3.70, FiscalAI reports. Micron Technology had a net margin of 28.15% and a return on equity of 22.71%. The firm had revenue of $23.86 billion during the quarter, compared to analyst estimates of $18.90 billion.

Micron Technology Stock Performance

MU traded up $0.04 during trading on Wednesday, hitting $461.73. The stock had a trading volume of 51,416,652 shares, compared to its average volume of 36,257,965. The firm has a market cap of $519.68 billion, a PE ratio of 43.89 and a beta of 1.50. The company has a 50 day simple moving average of $396.30 and a 200-day simple moving average of $278.51. Micron Technology has a 12 month low of $61.54 and a 12 month high of $471.34. The company has a current ratio of 2.46, a quick ratio of 1.78 and a debt-to-equity ratio of 0.19.

Insider Buying and Selling at Micron Technology

In related news, EVP April S. Arnzen sold 15,000 shares of the firm’s stock in a transaction that occurred on Monday, December 22nd. The stock was sold at an average price of $277.09, for a total transaction of $4,156,350.00. Following the completion of the transaction, the executive vice president owned 165,618 shares in the company, valued at $45,891,091.62. This trade represents a 8.30% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Manish H. Bhatia sold 26,623 shares of the business’s stock in a transaction dated Thursday, January 22nd. The shares were sold at an average price of $391.04, for a total transaction of $10,410,657.92. Following the completion of the transaction, the executive vice president owned 323,486 shares in the company, valued at approximately $126,495,965.44. This trade represents a 7.60% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have purchased 23,200 shares of company stock valued at $7,821,723 and have sold 73,623 shares valued at $27,307,408. 0.24% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. AQR Capital Management LLC boosted its position in shares of 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 worth $606,873,000 after purchasing an additional 2,918,535 shares in the last quarter. Amundi raised its position in Micron Technology by 65.0% in the 4th quarter. Amundi now owns 4,989,400 shares of the semiconductor manufacturer’s stock valued at $1,424,025,000 after buying an additional 1,965,319 shares during the last quarter. Renaissance Technologies LLC lifted its position in shares of Micron Technology by 151.0% in the fourth quarter. Renaissance Technologies LLC now owns 3,011,143 shares of the semiconductor manufacturer’s stock worth $859,411,000 after purchasing an additional 1,811,607 shares in the last quarter. Voloridge Investment Management LLC boosted its stake in shares of Micron Technology by 1,064.3% during the 3rd quarter. Voloridge Investment Management LLC now owns 1,304,471 shares of the semiconductor manufacturer’s stock worth $218,264,000 after buying an additional 1,192,433 shares during the last quarter. Finally, Orbis Allan Gray Ltd grew its stake in Micron Technology by 50.2% in the second quarter. Orbis Allan Gray Ltd now owns 3,457,726 shares of the semiconductor manufacturer’s stock valued at $426,165,000 after purchasing an additional 1,156,086 shares in the last quarter. Institutional investors and hedge funds own 80.84% of the company’s stock.

Trending Headlines about Micron Technology

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

• Positive Sentiment: High-volume production of advanced products (HBM4 36GB for NVIDIA Vera Rubin, PCIe Gen6 data-center SSDs, SOCAMM2) and the Taiwan fab expansion underline durable AI data-center demand and give tangible revenue/capacity upside. HBM4 & Gen6 SSD production
• Positive Sentiment: Multiple analyst upgrades and price-target raises (e.g., TD Cowen, Sanford Bernstein; Rosenblatt reaffirmed Buy) are lifting sentiment and supporting higher valuations. TD Cowen price target lift Sanford Bernstein raise
• Positive Sentiment: Market reports that Micron’s 2026 supply is effectively sold out and that HBM/DRAM demand from AI customers is tightening the market — a near-term supply squeeze supports pricing and margin improvement. Sold-out 2026 supply report
• Neutral Sentiment: Wall Street models show very high earnings and revenue expectations for the quarter (consensus/estimates range around ~$9+ EPS and ~$19B revenue), which could be a catalyst if results impress but also raises the bar. Earnings preview and estimates
• Neutral Sentiment: Options market is pricing in an outsized post-earnings move (implied vol and skew are elevated), reflecting both bullish positioning and uncertainty — this can amplify intraday swings but doesn’t indicate direction. Options positioning & expected move
• Negative Sentiment: Broader market risks — a hotter-than-expected PPI/inflation print and a Fed decision — are pressuring risk assets intraday and could blunt gains even if Micron reports strong numbers. Market reaction to PPI & Fed
• Negative Sentiment: Elevated expectations and crowded bullish positioning create meaningful downside risk if results or guidance disappoint; some analysts and commentators warn a post‑earnings pullback is possible despite strong fundamentals. Risk of post-earnings pullback

Wall Street Analysts Forecast Growth

Several analysts recently commented on MU shares. Susquehanna increased their target price on shares of Micron Technology from $345.00 to $525.00 and gave the company a “positive” rating in a research note on Monday, March 9th. Sanford C. Bernstein increased their price objective on Micron Technology from $330.00 to $510.00 and gave the stock an “outperform” rating in a research note on Wednesday. Bank of America lifted their target price on Micron Technology from $300.00 to $400.00 and gave the company a “buy” rating in a research note on Tuesday, January 13th. Morgan Stanley increased their price target on shares of Micron Technology from $350.00 to $450.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 11th. Finally, Deutsche Bank Aktiengesellschaft raised their price target on shares of Micron Technology from $200.00 to $280.00 and gave the stock a “buy” rating in a report on Tuesday, December 9th. Six analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of $400.79.

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.