Micron Technology (NASDAQ:MU) Reaches New 1-Year High After Analyst Upgrade

Micron Technology, Inc. (NASDAQ:MU) hit a new 52-week high during mid-day trading on Monday after Mizuho raised their price target on the stock from $290.00 to $390.00. Mizuho currently has an outperform rating on the stock. Micron Technology traded as high as $348.47 and last traded at $343.0950, with a volume of 5585870 shares changing hands. The stock had previously closed at $345.09.

Several other equities analysts have also commented on the company. Raymond James Financial boosted their price target on Micron Technology from $190.00 to $310.00 and gave the stock an “outperform” rating in a research report on Thursday, December 18th. Wells Fargo & Company lifted their price objective on Micron Technology from $300.00 to $335.00 and gave the stock an “overweight” rating in a report on Thursday, December 18th. TD Cowen increased their target price on Micron Technology from $275.00 to $300.00 and gave the company a “buy” rating in a research note on Thursday, December 18th. Morgan Stanley raised their price target on shares of Micron Technology from $338.00 to $350.00 and gave the stock an “overweight” rating in a research report on Thursday, December 18th. Finally, UBS Group increased their price objective on shares of Micron Technology from $300.00 to $400.00 and gave the company a “buy” rating in a research note on Wednesday, January 7th. Five research analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and an average price target of $295.45.

Insider Activity at Micron Technology

In other news, CAO Scott R. Allen sold 2,000 shares of Micron Technology stock in a transaction dated Tuesday, January 6th. The shares were sold at an average price of $337.50, for a total value of $675,000.00. Following the completion of the transaction, the chief accounting officer directly owned 38,237 shares of the company’s stock, valued at approximately $12,904,987.50. The trade was a 4.97% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CFO Mark J. Murphy sold 126,000 shares of the stock in a transaction dated Thursday, October 30th. The stock was sold at an average price of $225.31, for a total transaction of $28,389,060.00. Following the sale, the chief financial officer owned 219,693 shares in the company, valued at approximately $49,499,029.83. This trade represents a 36.45% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 318,800 shares of company stock valued at $72,333,387 in the last ninety days. 0.24% of the stock is owned by insiders.

Trending Headlines about Micron Technology

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

• Positive Sentiment: Zacks added Micron to its Zacks Rank #1 (Strong Buy) growth list, signaling short-term analyst momentum and potentially attracting buy-side flows. Best Growth Stocks to Buy for Jan. 12
• Positive Sentiment: UBS reiterated a Buy and raised its price target (reported recently to $400), citing management commentary on a durable memory cycle driven by AI, which supports upside to consensus. UBS Maintains a Buy Rating on Micron Technology, Inc. (MU)
• Positive Sentiment: Multiple outlets note surging AI-related enterprise demand that’s turbocharging Micron’s revenue mix and margins — a core fundamental driver underpinning the stock’s rally. If You’d Invested $100 in Micron Stock 10 Years Ago, Here’s How Much You’d Have Today
• Positive Sentiment: Industry coverage (WSJ, others) points to a memory shortage as AI lifts demand faster than supply, which supports pricing power and margin durability for Micron through 2026. AI Is Causing a Memory Shortage. Why Producers Aren’t Rushing to Make a Lot More.
• Positive Sentiment: Coverage highlighting retail bullishness and social-media momentum has amplified buying interest, contributing to the stock’s strong run-up and higher short-term liquidity. Micron Technology Stock Can Do No Wrong Right Now | MU Stock
• Neutral Sentiment: Commentary urging investors to “control your FOMO” and watch insider/professional activity suggests some analysts see valuation and momentum risks despite strong fundamentals. This is a cautionary note rather than a direct negative catalyst. Micron: Control Your FOMO; Don’t Bet Against Insiders Or Professionals
• Negative Sentiment: Insider selling has appeared in filings (including a CAO sale of ~$675K and media pieces flagging insider sales as the stock nears highs), which could be read as profit-taking and may temper some momentum. Micron Technology (NASDAQ:MU) CAO Sells $675,000.00 in Stock
• Negative Sentiment: Articles examining insider selling trends warn investors to watch for distribution as the stock approaches all-time highs — a potential volatility trigger if broader sentiment softens. Insider Selling Trends in Micron Technology (MU) Stock as Price Approaches All-Time Highs

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. Elevation Wealth Partners LLC increased its stake in shares of Micron Technology by 295.8% during the fourth quarter. Elevation Wealth Partners LLC now owns 95 shares of the semiconductor manufacturer’s stock valued at $27,000 after acquiring an additional 71 shares during the period. Noble Wealth Management PBC bought a new position in Micron Technology during the 4th quarter valued at $40,000. REAP Financial Group LLC acquired a new position in shares of Micron Technology during the 3rd quarter valued at $25,000. Barnes Dennig Private Wealth Management LLC bought a new stake in shares of Micron Technology in the 3rd quarter worth $27,000. Finally, Cullen Frost Bankers Inc. lifted its holdings in shares of Micron Technology by 79.3% in the third quarter. Cullen Frost Bankers Inc. now owns 199 shares of the semiconductor manufacturer’s stock valued at $33,000 after buying an additional 88 shares during the period. 80.84% of the stock is currently owned by institutional investors.

Micron Technology Stock Performance

The company has a fifty day moving average price of $256.89 and a two-hundred day moving average price of $185.04. The firm has a market cap of $388.69 billion, a price-to-earnings ratio of 32.77, a price-to-earnings-growth ratio of 0.22 and a beta of 1.50. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.46 and a quick ratio of 1.78.

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

Micron Technology Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 14th. Shareholders of record on Monday, December 29th will be given a $0.115 dividend. The ex-dividend date is Monday, December 29th. This represents a $0.46 annualized dividend and a yield of 0.1%. Micron Technology’s payout ratio is 4.37%.

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.