Micron Technology (NASDAQ:MU) Stock Price Down 1.4% – Should You Sell?

Shares of Micron Technology, Inc. (NASDAQ:MU) traded down 1.4% during mid-day trading on Wednesday . The company traded as low as $328.20 and last traded at $333.35. 20,085,613 shares traded hands during mid-day trading, a decline of 38% from the average session volume of 32,302,223 shares. The stock had previously closed at $338.13.

Key Stories Impacting Micron Technology

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

• Positive Sentiment: MarketBeat highlights that HBM (high‑bandwidth memory) is sold out, Micron is ramping HBM capacity (Singapore packaging, Boise, Japan expansions) and HBM4 demand is strong — supporting outsized 2026 revenue and extending growth into 2027. Micron: Accelerating HBM Ramp Extends Growth Into 2027
• Positive Sentiment: Multiple firms have raised price targets and ratings (Cantor Fitzgerald and KeyCorp to $450 overweight; BofA to $400 buy), which supports upside expectations and likely underpins recent buying. Analyst price target updates
• Positive Sentiment: Zacks and other outlets list MU among top growth/strong‑buy candidates (Zacks Rank #1), reinforcing momentum investor interest. Best Growth Stocks to Buy for Jan. 14
• Neutral Sentiment: MarketBeat/technicals point to consolidation after a late‑Dec/early‑Jan peak; a break to new highs would confirm continued uptrend, while failure could trigger a pullback. Technical outlook
• Neutral Sentiment: Analysts are revising 2026–2027 forecasts higher, but longer‑term valuations remain debated — adjustments in consensus estimates could add volatility as forward guidance and visibility evolve. Analysts adjust valuation forecasts
• Negative Sentiment: Several Seeking Alpha pieces advise profit‑taking and warn of a rapid rerating; some investors are trimming after the sharp run — selling pressure can amplify short‑term pullbacks. Why I’m Taking Profits
• Negative Sentiment: Competitive and cycle risks: SK Hynix’s $13B plant and Samsung’s HBM4 moves raise oversupply and pricing‑pressure concerns that could hit margins if competition accelerates capacity. SK Hynix plans $13B plant
• Negative Sentiment: Analyst/industry caution: Seeking Alpha and other commentaries list risks — potential peak margins in 2026–2027, cyclical valuation, and oversupply scenarios — which could justify downward revisions if demand or pricing soften. Three significant risks

Analyst Ratings Changes

A number of equities analysts have weighed in on the company. Summit Insights raised Micron Technology to a “strong-buy” rating in a research note on Tuesday, September 23rd. Wall Street Zen upgraded Micron Technology from a “buy” rating to a “strong-buy” rating in a report on Sunday, November 23rd. Susquehanna boosted their price target on shares of Micron Technology from $200.00 to $300.00 and gave the company a “positive” rating in a research report on Monday, December 8th. Itau BBA Securities reissued an “outperform” rating on shares of Micron Technology in a report on Thursday, December 18th. Finally, KGI Securities upgraded shares of Micron Technology from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, September 24th. Five analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, Micron Technology currently has an average rating of “Buy” and a consensus price target of $305.79.

Micron Technology Stock Performance

The firm’s fifty day moving average is $261.52 and its 200-day moving average is $188.09. The company has a current ratio of 2.46, a quick ratio of 1.78 and a debt-to-equity ratio of 0.19. The stock has a market capitalization of $375.19 billion, a PE ratio of 31.69, a price-to-earnings-growth ratio of 0.22 and a beta of 1.50.

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, topping the consensus estimate of $3.77 by $1.01. The company 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%. Micron Technology’s revenue was up 56.7% compared to the same quarter last year. During the same quarter last year, the firm posted $1.79 earnings per share. Micron Technology has set its Q2 2026 guidance at 8.220-8.620 EPS. As a group, research analysts anticipate that Micron Technology, Inc. will post 6.08 earnings per share for the current year.

Micron Technology Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 14th. Investors of record on Monday, December 29th will be issued a $0.115 dividend. This represents a $0.46 annualized dividend and a yield of 0.1%. The ex-dividend date is Monday, December 29th. Micron Technology’s dividend payout ratio (DPR) is 4.37%.

Insider Activity at Micron Technology

In other Micron Technology news, EVP Scott J. Deboer sold 82,000 shares of the company’s stock in a transaction on Monday, October 27th. The stock was sold at an average price of $222.81, for a total transaction of $18,270,420.00. Following the transaction, the executive vice president directly owned 154,145 shares in the company, valued at $34,345,047.45. This represents a 34.72% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Sanjay Mehrotra sold 22,500 shares of Micron Technology stock in a transaction on Monday, October 27th. The shares were sold at an average price of $220.72, for a total value of $4,966,200.00. Following the completion of the sale, the chief executive officer directly owned 446,578 shares of the company’s stock, valued at $98,568,696.16. The trade was a 4.80% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 318,800 shares of company stock valued at $72,333,387 over the last ninety days. 0.24% of the stock is owned by insiders.

Institutional Investors Weigh In On Micron Technology

A number of hedge funds have recently added to or reduced their stakes in MU. Sunflower Bank N.A. increased its position in shares of Micron Technology by 2.1% during the fourth quarter. Sunflower Bank N.A. now owns 1,668 shares of the semiconductor manufacturer’s stock worth $476,000 after acquiring an additional 34 shares during the period. Rialto Wealth Management LLC boosted its holdings in Micron Technology by 3.5% in the fourth quarter. Rialto Wealth Management LLC now owns 1,061 shares of the semiconductor manufacturer’s stock valued at $303,000 after purchasing an additional 36 shares during the period. Montecito Bank & Trust grew its stake in Micron Technology by 0.7% during the 4th quarter. Montecito Bank & Trust now owns 5,487 shares of the semiconductor manufacturer’s stock worth $1,566,000 after purchasing an additional 40 shares in the last quarter. Leonard Rickey Investment Advisors P.L.L.C. increased its holdings in Micron Technology by 0.3% during the 4th quarter. Leonard Rickey Investment Advisors P.L.L.C. now owns 13,831 shares of the semiconductor manufacturer’s stock worth $3,947,000 after purchasing an additional 43 shares during the period. Finally, Regent Peak Wealth Advisors LLC increased its holdings in Micron Technology by 1.8% during the 4th quarter. Regent Peak Wealth Advisors LLC now owns 2,552 shares of the semiconductor manufacturer’s stock worth $728,000 after purchasing an additional 45 shares during the period. 80.84% of the stock is currently owned by institutional investors and hedge funds.

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.