Micron Technology, Inc. (NASDAQ:MU) Receives $242.79 Consensus Target Price from Analysts

Shares of Micron Technology, Inc. (NASDAQ:MU) have received a consensus recommendation of “Buy” from the thirty-seven ratings firms that are presently covering the company, Marketbeat reports. Three investment analysts have rated the stock with a hold recommendation, twenty-nine have assigned a buy recommendation and five have given a strong buy recommendation to the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is $282.6071.

Several brokerages have recently weighed in on MU. Stifel Nicolaus lifted their price target on shares of Micron Technology from $195.00 to $300.00 and gave the stock a “buy” rating in a research note on Friday, December 12th. Wolfe Research raised their price target on Micron Technology from $300.00 to $350.00 and gave the company an “outperform” rating in a report on Thursday, December 18th. Barclays boosted their price objective on Micron Technology from $240.00 to $275.00 and gave the company an “overweight” rating in a research report on Thursday, December 18th. Rosenblatt Securities reiterated a “buy” rating and set a $300.00 target price on shares of Micron Technology in a research report on Monday, December 15th. Finally, New Street Research reissued a “neutral” rating on shares of Micron Technology in a research note on Tuesday, October 14th.

Micron Technology Stock Performance

Micron Technology stock traded up $11.04 during midday trading on Wednesday, reaching $287.31. 8,347,738 shares of the company traded hands, compared to its average volume of 23,910,717. Micron Technology has a 12 month low of $61.54 and a 12 month high of $289.25. 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 business has a 50 day moving average of $231.82 and a two-hundred day moving average of $167.84. The firm has a market capitalization of $323.37 billion, a price-to-earnings ratio of 27.31, a price-to-earnings-growth ratio of 0.17 and a beta of 1.54.

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

Micron Technology Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 14th. Stockholders of record on Monday, December 29th will be issued a $0.115 dividend. This represents a $0.46 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend is Monday, December 29th. Micron Technology’s payout ratio is 4.37%.

Insider Activity at Micron Technology

In other Micron Technology news, EVP Scott J. Deboer sold 82,000 shares of Micron Technology stock in a transaction on Monday, October 27th. The shares were sold at an average price of $222.81, for a total value of $18,270,420.00. Following the sale, the executive vice president directly owned 154,145 shares in the company, valued at approximately $34,345,047.45. The trade was a 34.72% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP April S. Arnzen sold 15,000 shares of the business’s stock in a transaction on Tuesday, September 30th. The stock was sold at an average price of $164.04, for a total transaction of $2,460,600.00. Following the completion of the sale, the executive vice president owned 131,580 shares in the company, valued at approximately $21,584,383.20. The trade was a 10.23% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 389,852 shares of company stock worth $84,838,803 in the last three months. Insiders own 0.24% of the company’s stock.

Hedge Funds Weigh In On Micron Technology

A number of institutional investors and hedge funds have recently modified their holdings of MU. American Capital Advisory LLC boosted its stake in Micron Technology by 20.4% during the third quarter. American Capital Advisory LLC now owns 272 shares of the semiconductor manufacturer’s stock worth $46,000 after buying an additional 46 shares during the period. Winthrop Capital Management LLC increased its holdings in shares of Micron Technology by 4.0% in the 3rd quarter. Winthrop Capital Management LLC now owns 1,234 shares of the semiconductor manufacturer’s stock valued at $206,000 after acquiring an additional 47 shares during the period. Main Street Research LLC raised its position in shares of Micron Technology by 0.8% in the 3rd quarter. Main Street Research LLC now owns 5,976 shares of the semiconductor manufacturer’s stock worth $1,000,000 after acquiring an additional 47 shares in the last quarter. Vivaldi Capital Management LP boosted its position in Micron Technology by 2.6% during the third quarter. Vivaldi Capital Management LP now owns 1,940 shares of the semiconductor manufacturer’s stock valued at $325,000 after purchasing an additional 49 shares in the last quarter. Finally, Teamwork Financial Advisors LLC boosted its position in Micron Technology by 0.4% during the third quarter. Teamwork Financial Advisors LLC now owns 14,974 shares of the semiconductor manufacturer’s stock valued at $2,505,000 after purchasing an additional 53 shares in the last quarter. Hedge funds and other institutional investors own 80.84% of the company’s stock.

Micron Technology News Summary

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

• Positive Sentiment: Blowout earnings & sold‑out HBM order book — Micron reported a large Q1 beat and management said HBM capacity/pricing is largely locked through 2026, giving multi‑quarter revenue visibility that materially de‑risks near‑term cash flow and margins. Read More.
• Positive Sentiment: HBM supply tightness and HBM4 roadmap support pricing power — coverage shows constrained HBM supply through 2026–27, rapid price gains and Micron positioned to gain share as HBM demand outpaces capacity. Read More.
• Positive Sentiment: Analyst upgrades and much higher price targets — multiple firms boosted ratings/targets (some headlines cite targets up to $500), reinforcing momentum and prompting institutional buying/window‑dressing into year‑end. Read More.
• Neutral Sentiment: Broader AI/infrastructure rally lifts similar names — market breadth and AI infrastructure flows (chips, storage, fiber) have favored MU as investors rotate into data‑center suppliers. Read More.
• Negative Sentiment: Insider sales — company insiders (including a director and an EVP) sold sizable blocks in recent days; while not unusual after sharp rallies, insider selling can sap near‑term sentiment. Read More.
• Negative Sentiment: Valuation & execution risk flagged by some commentators — cautionary pieces warn the rally could have overshot fundamentals, and high FY2026 CapEx plus new fab execution or eventual HBM price normalization would be downside catalysts. Read More.

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.