Micron Technology (NASDAQ:MU) Trading Up 7.7% After Analyst Upgrade

Shares of Micron Technology, Inc. (NASDAQ:MU) rose 7.7% during mid-day trading on Wednesday after UBS Group raised their price target on the stock from $510.00 to $535.00. UBS Group currently has a buy rating on the stock. Micron Technology traded as high as $416.00 and last traded at $406.73. Approximately 48,823,165 shares were traded during mid-day trading, an increase of 19% from the average daily volume of 40,926,586 shares. The stock had previously closed at $377.58.

A number of other research analysts have also weighed in on MU. Mizuho raised their target price on shares of Micron Technology from $480.00 to $530.00 and gave the stock an “outperform” rating in a research note on Thursday, March 19th. HSBC raised their target price on shares of Micron Technology from $350.00 to $500.00 and gave the stock a “buy” rating in a research note on Friday, January 23rd. JPMorgan Chase & Co. raised their target price on shares of Micron Technology from $350.00 to $550.00 and gave the stock an “overweight” rating in a research note on Thursday, March 19th. Barclays raised their target price on shares of Micron Technology from $450.00 to $675.00 and gave the stock an “overweight” rating in a research note on Thursday, March 19th. Finally, Cantor Fitzgerald raised their target price on shares of Micron Technology from $450.00 to $700.00 and gave the stock an “overweight” rating in a research note on Thursday, March 19th. Five analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of $464.61.

Insider Transactions at Micron Technology

In other news, Director Teyin M. Liu purchased 7,820 shares of the firm’s stock in a transaction on 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 purchase, the director directly owned 25,910 shares of the company’s stock, valued at approximately $8,744,625. This trade represents a 43.23% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Sumit Sadana sold 25,000 shares of the company’s stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $429.89, for a total value of $10,747,250.00. Following the transaction, the executive vice president owned 248,021 shares in the company, valued at $106,621,747.69. This trade represents a 9.16% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders purchased 23,200 shares of company stock worth $7,821,723 and sold 91,623 shares worth $35,053,508. 0.24% of the stock is owned by company insiders.

More Micron Technology News

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

• Positive Sentiment: UBS raised its price target on MU and reiterated a Buy, fueling buying interest and headline-driven momentum. Analyst sets Micron stock price target
• Positive Sentiment: High-profile analysts (KeyBanc / John Vinh) remain bullish with very high price targets (one named $600), reinforcing a strong buy narrative among growth and AI-focused investors. 5-star analyst makes a bold call on micron stock
• Positive Sentiment: DRAM and HBM pricing has turned sharply stronger (tight supply for AI memory), boosting revenue/margin outlooks for Micron and lifting sentiment across the memory complex. Why Is Micron Technology Stock Gaining Wednesday?
• Positive Sentiment: Micron is expanding capacity in Taiwan via the P5 site acquisition and new cleanroom projects to capture long-term AI memory demand — a strategic move that supports revenue growth expectations. Micron Expands Taiwan DRAM Footprint To Capture Long Term AI Demand
• Positive Sentiment: Market technicals and flow: institutional buying has spiked (MarketBeat notes heavy accumulation and a “bottom” signal), which amplifies rallies when analyst sentiment turns favorable. The Bottom Is in for Micron Stock: 3 Signals to Buy Now
• Neutral Sentiment: Micron made a strategic investment in SiMa.ai to deepen edge/Physical AI collaborations — positive for long-term product integration but not an immediate revenue driver. SiMa.ai Secures Strategic Investment from Micron
• Neutral Sentiment: Erste Group slightly raised FY2026–FY2027 EPS estimates but moved its rating to Hold — small model tweaks that are supportive on the margins but temper some of the enthusiasm. Erste Group updates on Micron estimates
• Negative Sentiment: Cyclical risk and crowded positioning: some analysts warn the rally could be a crowded bet and that memory demand can be volatile — a pullback would hurt heavily levered momentum trades. Micron Technology: Crowded Bet On A Cyclical High

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in MU. Brighton Jones LLC lifted its stake in Micron Technology by 18.3% during the fourth quarter. Brighton Jones LLC now owns 6,318 shares of the semiconductor manufacturer’s stock worth $532,000 after purchasing an additional 976 shares in the last quarter. Sivia Capital Partners LLC lifted its stake in Micron Technology by 21.7% during the second quarter. Sivia Capital Partners LLC now owns 3,528 shares of the semiconductor manufacturer’s stock worth $435,000 after purchasing an additional 628 shares in the last quarter. United Bank acquired a new position in Micron Technology during the second quarter worth $236,000. Schnieders Capital Management LLC. lifted its stake in Micron Technology by 67.9% during the second quarter. Schnieders Capital Management LLC. now owns 16,984 shares of the semiconductor manufacturer’s stock worth $2,093,000 after purchasing an additional 6,867 shares in the last quarter. Finally, Jump Financial LLC grew its stake in shares of Micron Technology by 456.1% in the second quarter. Jump Financial LLC now owns 57,056 shares of the semiconductor manufacturer’s stock worth $7,032,000 after acquiring an additional 46,796 shares in the last quarter. 80.84% of the stock is currently owned by institutional investors and hedge funds.

Micron Technology Stock Up 7.7%

The business has a 50-day moving average price of $402.23 and a two-hundred day moving average price of $303.88. The company has a quick ratio of 2.32, a current ratio of 2.90 and a debt-to-equity ratio of 0.13. The firm has a market cap of $458.68 billion, a PE ratio of 19.20 and a beta of 1.60.

Micron Technology Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Monday, March 30th will be given a dividend of $0.15 per share. This is an increase from Micron Technology’s previous quarterly dividend of $0.12. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend is Monday, March 30th. Micron Technology’s dividend payout ratio is currently 2.83%.

About Micron Technology

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.