Micron Technology (NASDAQ:MU) Price Target Raised to $450.00

Micron Technology (NASDAQ:MU) had its price target lifted by Needham & Company LLC from $380.00 to $450.00 in a research report released on Tuesday morning, Marketbeat.com reports. Needham & Company LLC currently has a buy rating on the semiconductor manufacturer’s stock.

MU has been the topic of a number of other research reports. Raymond James Financial upped their price target on Micron Technology from $190.00 to $310.00 and gave the company an “outperform” rating in a research note on Thursday, December 18th. William Blair began coverage on shares of Micron Technology in a research note on Thursday, January 22nd. They issued an “outperform” rating for the company. Deutsche Bank Aktiengesellschaft increased their target price 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. UBS Group boosted their target price on Micron Technology from $300.00 to $400.00 and gave the company a “buy” rating in a research note on Wednesday, January 7th. Finally, Mizuho lifted their price objective on Micron Technology from $390.00 to $480.00 and gave the company an “outperform” rating in a report on Tuesday, January 27th. Six equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of $358.38.

Micron Technology Stock Performance

Micron Technology stock opened at $417.35 on Tuesday. The firm has a market capitalization of $469.73 billion, a P/E ratio of 39.67 and a beta of 1.52. 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 stock has a fifty day moving average price of $347.54 and a two-hundred day moving average price of $239.47. Micron Technology has a 52-week low of $61.54 and a 52-week high of $455.50.

Micron Technology (NASDAQ:MU) last posted 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 company 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 business’s revenue was up 56.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.79 earnings per share. Micron Technology has set its Q2 2026 guidance at 8.220-8.620 EPS. As a group, analysts anticipate that Micron Technology will post 6.08 EPS for the current fiscal year.

Micron Technology Announces Dividend

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

Insider Buying and Selling at Micron Technology

In other news, EVP Sumit Sadana sold 25,000 shares of the business’s stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $429.89, for a total value of $10,747,250.00. Following the completion of the sale, the executive vice president owned 248,021 shares of the company’s stock, valued at approximately $106,621,747.69. The trade was a 9.16% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Teyin M. Liu acquired 11,600 shares of the business’s stock in a transaction on Tuesday, January 13th. The stock was acquired at an average cost of $337.07 per share, with a total value of $3,910,012.00. Following the acquisition, the director directly owned 14,310 shares in the company, valued at approximately $4,823,471.70. This trade represents a 428.04% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last three months, insiders acquired 23,200 shares of company stock worth $7,821,723 and sold 73,623 shares worth $27,307,408. 0.24% of the stock is owned by insiders.

Hedge Funds Weigh In On Micron Technology

Several hedge funds have recently bought and sold shares of MU. Vanguard Group Inc. increased its stake in shares of Micron Technology by 1.9% in the 4th quarter. Vanguard Group Inc. now owns 106,608,094 shares of the semiconductor manufacturer’s stock valued at $30,427,016,000 after purchasing an additional 1,954,644 shares during the last quarter. State Street Corp boosted its stake in shares of Micron Technology by 2.1% in the 4th quarter. State Street Corp now owns 52,749,817 shares of the semiconductor manufacturer’s stock valued at $15,061,310,000 after purchasing an additional 1,090,644 shares in the last quarter. Geode Capital Management LLC grew its holdings in shares of Micron Technology by 1.2% during the 2nd quarter. Geode Capital Management LLC now owns 25,690,491 shares of the semiconductor manufacturer’s stock valued at $3,152,974,000 after purchasing an additional 314,489 shares during the last quarter. Capital International Investors increased its position in Micron Technology by 0.7% during the 3rd quarter. Capital International Investors now owns 23,372,821 shares of the semiconductor manufacturer’s stock worth $3,910,198,000 after purchasing an additional 155,860 shares in the last quarter. Finally, Norges Bank acquired a new position in Micron Technology during the 4th quarter worth approximately $6,433,456,000. 80.84% of the stock is owned by institutional investors.

Trending Headlines about Micron Technology

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

• Positive Sentiment: Analyst lift — Needham raised its price target to $450, reinforcing bullish analyst sentiment that supports higher share valuations on Micron’s stronger-than-expected results and guidance. Needham Raises MU Target
• Positive Sentiment: AI-driven demand & product wins — Coverage highlights surging AI data-center demand, tight high-bandwidth memory (HBM) supply and early mass production of new NAND SSDs (9650), supporting revenue and margin upside. These factors are key drivers for MU’s recent earnings beat and guidance lift. Micron SSDs Gamechangers
• Positive Sentiment: Institutional/whale interest — Reports show bullish 13F activity (e.g., David Tepper adding to MU) and large additions from some asset managers, which can underpin further price support as funds position for AI hardware exposure. Tepper Goes Big on MU
• Neutral Sentiment: Positive write-ups but cyclical risk noted — Multiple retail/broker pieces and bullish “could-make-you-a-millionaire” style takes highlight upside potential, yet also remind readers MU is cyclical; these stories attract retail flows but don’t change fundamentals. Fool: Could $10k in MU Make You a Millionaire?
• Neutral Sentiment: Valuation check — Coverage examines strong share gains and re-rating expectations; valuation is high versus historical norms, leaving the stock sensitive to execution and macro shifts. MU Valuation Check
• Negative Sentiment: Insider and institutional selling — Public summaries show heavy insider sales and large institutional trimming by some firms (e.g., UBS cut a very large stake), which can sap near-term momentum and fuel profit-taking. QuiverQuant MU Discussion
• Negative Sentiment: “Melt-up” and downside scenario warnings — Some analysts and commentators warn the rally looks late-cycle and highlight scenarios where MU could correct substantially (articles debating $280 downside), increasing volatility risk. Melt-Up Warning
• Negative Sentiment: Short-term underperformance signal — MarketWatch notes MU underperformed peers on a recent session, suggesting profit-taking or rotation pressures can push shares lower even amid good headlines. MW: MU Underperforms

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.