Micron Technology (NASDAQ:MU) Given New $550.00 Price Target at Deutsche Bank Aktiengesellschaft

Micron Technology (NASDAQ:MU) had its target price upped by investment analysts at Deutsche Bank Aktiengesellschaft from $500.00 to $550.00 in a note issued to investors on Thursday,Benzinga reports. The brokerage currently has a “buy” rating on the semiconductor manufacturer’s stock. Deutsche Bank Aktiengesellschaft’s price target would indicate a potential upside of 19.12% from the stock’s previous close.

Other research analysts have also issued reports about the stock. Susquehanna raised their price objective on shares of Micron Technology from $345.00 to $525.00 and gave the stock a “positive” rating in a report on Monday, March 9th. Piper Sandler upped their target price on shares of Micron Technology from $275.00 to $400.00 and gave the company an “overweight” rating in a research note on Wednesday, January 7th. TD Cowen increased their price target on shares of Micron Technology from $450.00 to $500.00 and gave the stock a “buy” rating in a research report on Monday. Phillip Securities raised Micron Technology to a “strong-buy” rating in a report on Monday, February 2nd. Finally, UBS Group boosted their price objective on Micron Technology to $475.00 and gave the company a “buy” rating in a report on Monday, March 2nd. Six investment 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, Micron Technology currently has a consensus rating of “Buy” and an average target price of $411.83.

Micron Technology Price Performance

Shares of NASDAQ MU opened at $461.73 on Thursday. The company has a quick ratio of 1.78, a current ratio of 2.46 and a debt-to-equity ratio of 0.19. Micron Technology has a fifty-two week low of $61.54 and a fifty-two week high of $471.34. The business has a 50 day moving average price of $398.74 and a two-hundred day moving average price of $279.79. The firm has a market cap of $519.68 billion, a PE ratio of 43.89 and a beta of 1.50.

Micron Technology (NASDAQ:MU) last released its earnings results on Wednesday, March 18th. The semiconductor manufacturer reported $12.20 EPS for the quarter, beating the consensus estimate of $8.50 by $3.70. The company had revenue of $23.86 billion during the quarter, compared to analysts’ expectations of $18.90 billion. Micron Technology had a return on equity of 22.71% and a net margin of 28.15%.The business’s revenue was up 196.3% on a year-over-year basis. During the same period in the prior year, the business posted $1.56 EPS. Sell-side analysts expect that Micron Technology will post 6.08 earnings per share for the current fiscal year.

Insider Buying and Selling at Micron Technology

In other Micron Technology news, EVP Manish H. Bhatia sold 26,623 shares of the firm’s stock in a transaction on Thursday, January 22nd. The stock was sold at an average price of $391.04, for a total value of $10,410,657.92. Following the sale, the executive vice president directly 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 transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Steven J. Gomo sold 5,000 shares of the business’s stock in a transaction on Friday, December 19th. The shares were sold at an average price of $263.63, for a total transaction of $1,318,150.00. Following the transaction, the director directly owned 19,139 shares of the company’s stock, valued at approximately $5,045,614.57. This trade represents a 20.71% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have acquired 23,200 shares of company stock worth $7,821,723 and have sold 73,623 shares worth $27,307,408. 0.24% of the stock is owned by company insiders.

Institutional Trading of Micron Technology

Several hedge funds have recently bought and sold shares of the company. Norges Bank acquired a new stake in shares of Micron Technology in the fourth quarter valued at approximately $6,433,456,000. AQR Capital Management LLC increased its position in Micron Technology by 411.9% in the 3rd quarter. AQR Capital Management LLC now owns 3,627,022 shares of the semiconductor manufacturer’s stock valued at $606,873,000 after acquiring an additional 2,918,535 shares during the period. Arrowstreet Capital Limited Partnership raised its stake in Micron Technology by 1,340.6% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 2,820,986 shares of the semiconductor manufacturer’s stock valued at $805,148,000 after acquiring an additional 2,625,169 shares in the last quarter. Slate Path Capital LP acquired a new position in Micron Technology during the 2nd quarter worth $317,751,000. Finally, Amundi grew its stake in shares of Micron Technology by 65.0% in the fourth quarter. Amundi now owns 4,989,400 shares of the semiconductor manufacturer’s stock worth $1,424,025,000 after purchasing an additional 1,965,319 shares in the last quarter. 80.84% of the stock is currently owned by institutional investors.

More Micron Technology News

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

• Positive Sentiment: Q2 results and upside guidance — Micron reported record fiscal Q2 revenue of ~$23.9B and EPS ~ $12.20, and issued extraordinary Q3 guidance (management indicated ~ $33.5B revenue and very strong gross margins), confirming robust AI-driven demand. Wall Street Breakfast Podcast: Micron Tops, Shares Fall
• Positive Sentiment: Analyst bullishness and price-target lifts — Multiple shops hiked forecasts (Bernstein raised its PT substantially; William Blair reaffirmed/maintained a Buy), supporting a higher consensus valuation on sustained AI memory pricing power. Micron Technology: Buy Rating on Surging Demand, Pricing Power, and Strong Multi‑Year Growth Outlook
• Positive Sentiment: Dividend increase — Micron raised its quarterly payout ~30% to $0.15, signaling confidence in cash generation and returning capital to shareholders (ex-dividend March 30).
• Neutral Sentiment: Product and capacity ramp — Micron said HBM4 and PCIe Gen6 SSDs are in production and it expanded advanced DRAM capacity (positive long-term, but timing and yield ramps matter). Micron’s New HBM4 And PCIe Gen6 SSDs Test Lofty AI Valuation
• Negative Sentiment: Heavier capex guidance spooks investors — management signaled “meaningfully” higher spending to meet AI demand; markets marked the stock down as higher capex raises near-term dilution of free cash flow and execution risk. Micron shares slip as hefty spending plans eclipse strong AI-fueled earnings
• Negative Sentiment: Operational/power and geopolitical risks — commentary and market notes flagged potential supply growth, data‑center power constraints and even regional energy disruptions (Qatar incident) as reasons the stock trimmed gains despite the beat. Micron stock: why attack on Qatar’s energy facility is bearish for it

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.