Micron Technology (NASDAQ:MU) Given New $360.00 Price Target at Stifel Nicolaus

Micron Technology (NASDAQ:MU) had its price objective upped by Stifel Nicolaus from $300.00 to $360.00 in a research note issued to investors on Tuesday,Benzinga reports. The brokerage currently has a “buy” rating on the semiconductor manufacturer’s stock. Stifel Nicolaus’ price target suggests a potential downside of 1.12% from the stock’s current price.

Several other equities analysts have also issued reports on the company. Needham & Company LLC lifted their price target on Micron Technology from $200.00 to $300.00 and gave the stock a “buy” rating in a research report on Tuesday, December 16th. Bank of America boosted their price target on Micron Technology from $300.00 to $400.00 and gave the company a “buy” rating in a report on Tuesday, January 13th. Raymond James Financial lifted their target price on shares of Micron Technology from $190.00 to $310.00 and gave the company an “outperform” rating in a research note on Thursday, December 18th. Sanford C. Bernstein boosted their target price on shares of Micron Technology from $270.00 to $330.00 and gave the stock an “outperform” rating in a report on Friday, January 2nd. Finally, Wall Street Zen raised Micron Technology from a “buy” rating to a “strong-buy” rating in a research note on Sunday, November 23rd. Five equities research analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, Micron Technology presently has an average rating of “Buy” and a consensus price target of $340.79.

Micron Technology Price Performance

Micron Technology stock traded up $1.32 during midday trading on Tuesday, reaching $364.07. 36,107,543 shares of the stock were exchanged, compared to its average volume of 33,459,172. Micron Technology has a 52 week low of $61.54 and a 52 week high of $381.56. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.78 and a current ratio of 2.46. The firm has a market cap of $409.76 billion, a PE ratio of 34.60 and a beta of 1.50. The company’s fifty day moving average is $270.08 and its 200-day moving average is $194.48.

Micron Technology (NASDAQ:MU) last posted its quarterly 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 business had revenue of $13.64 billion during the quarter, compared to the consensus estimate of $12.62 billion. Micron Technology had a net margin of 28.15% and a return on equity of 22.71%. The firm’s revenue for the quarter was up 56.7% on a year-over-year basis. During the same period in the previous year, the firm posted $1.79 earnings per share. Micron Technology has set its Q2 2026 guidance at 8.220-8.620 EPS. On average, sell-side analysts forecast that Micron Technology will post 6.08 EPS for the current year.

Insider Transactions at Micron Technology

In related news, EVP Scott J. Deboer sold 82,000 shares of Micron Technology stock in a transaction that occurred 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 completion of the sale, the executive vice president directly owned 154,145 shares in the company, valued at $34,345,047.45. This trade represents a 34.72% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP April S. Arnzen sold 15,000 shares of the business’s stock in a transaction dated Monday, December 22nd. The shares were sold at an average price of $277.09, for a total value of $4,156,350.00. Following the sale, the executive vice president owned 165,618 shares in the company, valued at approximately $45,891,091.62. The trade was a 8.30% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 287,500 shares of company stock worth $65,892,908 over the last ninety days. 0.24% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the stock. Orleans Capital Management Corp LA purchased a new position in Micron Technology during the second quarter worth approximately $256,000. Cary Street Partners Financial LLC lifted its holdings in Micron Technology by 25.0% during the second quarter. Cary Street Partners Financial LLC now owns 26,132 shares of the semiconductor manufacturer’s stock valued at $3,221,000 after purchasing an additional 5,233 shares in the last quarter. Wealthspire Advisors LLC grew its position in shares of Micron Technology by 27.8% in the second quarter. Wealthspire Advisors LLC now owns 14,754 shares of the semiconductor manufacturer’s stock valued at $1,818,000 after purchasing an additional 3,208 shares during the period. KLP Kapitalforvaltning AS grew its position in shares of Micron Technology by 6.2% in the second quarter. KLP Kapitalforvaltning AS now owns 403,105 shares of the semiconductor manufacturer’s stock valued at $49,683,000 after purchasing an additional 23,600 shares during the period. Finally, WealthBridge Capital Management LLC purchased a new stake in shares of Micron Technology during the second quarter worth about $210,000. 80.84% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Micron Technology

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

• Positive Sentiment: Company confirms AI demand is creating an “unprecedented” memory shortage and sold‑out HBM/DRAM availability through 2026, supporting pricing power and near‑term revenue momentum. Nvidia’s Gain, Your Loss: Micron Confirms 100% Sell-Through to AI Leaders
• Positive Sentiment: Micron agreed to buy Powerchip’s P5 Taiwan fabrication site for ~$1.8B to add DRAM capacity — a direct supply response to AI/data‑center demand that markets view as growth‑supportive. Micron to acquire Taiwan chip fab for $1.8B
• Positive Sentiment: Analysts are lifting ratings/targets (TD Cowen to $450, Rosenblatt $500, others) — fresh upward revisions are amplifying bullish sentiment and helping the stock trade nearer to new highs. Analyst price-target coverage
• Positive Sentiment: Micron’s New York megafab groundbreaking and management commentary about accelerating supply add credibility to longer‑term capacity expansion plans. How Micron’s New York Megafab Groundbreaking And Taiwan Fab Deal Changed Its Investment Story
• Neutral Sentiment: Institutional flows are mixed — many large funds added shares while others trimmed positions; this shows conviction among some allocators but also profit‑taking by others. QuiverQuant institutional and insider summary
• Neutral Sentiment: Coverage keeps MU firmly in the “AI‑play” bucket (multiple buy lists and AI stock roundups), reinforcing thematic demand but also increasing sensitivity to AI capex cycles. Best AI Stocks to Buy and Hold
• Negative Sentiment: Insider transactions are skewed to sales (company executives have sold materially), which some investors interpret as profit-taking at elevated prices. QuiverQuant insider trading details
• Negative Sentiment: Some outlets warn the stock’s rapid run and the Taiwan purchase raise questions about near‑term execution risk, integration and valuation after a large one‑year rally. Barron’s: Why Micron’s fab buy raises market concerns

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.