Micron Technology (NASDAQ:MU) Rating Increased to Strong-Buy at Phillip Securities

Phillip Securities upgraded shares of Micron Technology (NASDAQ:MU) to a strong-buy rating in a report released on Monday,Zacks.com reports.

Several other equities research analysts have also recently issued reports on the stock. Rosenblatt Securities restated a “buy” rating and set a $500.00 price objective on shares of Micron Technology in a research report on Tuesday, January 20th. Susquehanna increased their price target on shares of Micron Technology from $200.00 to $300.00 and gave the company a “positive” rating in a research note on Monday, December 8th. Wall Street Zen upgraded shares of Micron Technology from a “buy” rating to a “strong-buy” rating in a report on Sunday, November 23rd. Morgan Stanley upped their price objective on Micron Technology from $338.00 to $350.00 and gave the company an “overweight” rating in a report on Thursday, December 18th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Micron Technology in a research report on Thursday, January 29th. Six analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, Micron Technology presently has a consensus rating of “Buy” and a consensus price target of $349.76.

Micron Technology Price Performance

NASDAQ:MU opened at $419.44 on Monday. Micron Technology has a one year low of $61.54 and a one year high of $455.50. The stock has a market cap of $472.08 billion, a PE ratio of 39.87 and a beta of 1.52. 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 stock has a 50 day moving average price of $309.49 and a 200 day moving average price of $216.84.

Micron Technology (NASDAQ:MU) last released its quarterly earnings data on Wednesday, December 17th. The semiconductor manufacturer reported $4.78 earnings per share for the quarter, topping analysts’ consensus estimates of $3.77 by $1.01. Micron Technology had a return on equity of 22.71% and a net margin of 28.15%.The company had revenue of $13.64 billion for the quarter, compared to analyst estimates of $12.62 billion. During the same quarter in the previous year, the company posted $1.79 earnings per share. The firm’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. Equities research analysts expect that Micron Technology will post 6.08 EPS for the current fiscal year.

Micron Technology Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 14th. Stockholders of record on Monday, December 29th were paid a $0.115 dividend. The ex-dividend date of this dividend was Monday, December 29th. This represents a $0.46 dividend on an annualized basis and a dividend yield of 0.1%. Micron Technology’s payout ratio is presently 4.37%.

Insider Transactions at Micron Technology

In related news, EVP April S. Arnzen sold 15,000 shares of the stock in a transaction dated Monday, December 22nd. The stock was sold at an average price of $277.09, for a total transaction of $4,156,350.00. Following the transaction, the executive vice president owned 165,618 shares of the company’s stock, valued at approximately $45,891,091.62. This represents a 8.30% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Teyin M. Liu bought 7,820 shares of the stock in a transaction that occurred on Wednesday, January 14th. The shares were purchased at an average price of $337.50 per share, with a total value of $2,639,250.00. Following the completion of the acquisition, the director directly owned 25,910 shares in the company, valued at $8,744,625. This trade represents a 43.23% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last three months, insiders have bought 23,200 shares of company stock worth $7,821,723 and have sold 61,123 shares worth $19,547,151. 0.24% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Micron Technology

Institutional investors and hedge funds have recently made changes to their positions in the stock. REAP Financial Group LLC acquired a new position in Micron Technology during the 3rd quarter worth approximately $25,000. First Command Advisory Services Inc. raised its holdings in shares of Micron Technology by 225.0% in the 2nd quarter. First Command Advisory Services Inc. now owns 221 shares of the semiconductor manufacturer’s stock valued at $27,000 after purchasing an additional 153 shares in the last quarter. Barnes Dennig Private Wealth Management LLC purchased a new stake in shares of Micron Technology during the 3rd quarter worth $27,000. Elevation Wealth Partners LLC grew 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 worth $27,000 after purchasing an additional 71 shares in the last quarter. Finally, Steigerwald Gordon & Koch Inc. increased its holdings in Micron Technology by 4,800.0% in the fourth quarter. Steigerwald Gordon & Koch Inc. now owns 98 shares of the semiconductor manufacturer’s stock valued at $28,000 after buying an additional 96 shares during the last quarter. 80.84% of the stock is owned by institutional investors and hedge funds.

More Micron Technology News

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

• Positive Sentiment: Major expansion: Micron launched a planned $24 billion Singapore NAND megafab, a large-capex project that strengthens its NAND supply position and supports long-term revenue from AI and hyperscaler customers. Micron Technology (MU) Is Up 6.7% After Launching $24 Billion Singapore NAND Megafab Project
• Positive Sentiment: Analyst bullishness: Mizuho raised its price target to $480 and kept an outperform rating, signaling continued analyst confidence in Micron’s AI-driven demand trajectory. Mizuho Lifts Micron Technology, Inc. (MU)’s Price Target To $480, Maintains Outperform Rating
• Positive Sentiment: High-end demand thesis: Phillip Securities (coverage cited by outlets) has pushed price targets as high as $500 on HBM/AI memory demand and upgraded Micron to strong-buy, supporting the bullish narrative. Micron Technology upgrade reported on Zacks
• Positive Sentiment: Customer signals: Apple’s commentary on memory constraints was interpreted as favorable for suppliers like Micron, reinforcing expectations for continued strong memory purchases by large OEMs. Apple CEO Tim Cook Just Gave Great News to Micron Investors
• Neutral Sentiment: Mixed analyst moves: Some outlets reported a price-target bump to $356.87 — an increase but still below current levels — which is a mixed signal about near-term upside. Micron Technology (MU) price target increased by 11.59% to 356.87
• Negative Sentiment: Profit-taking and options activity: After a rapid run (shares more than doubled from November lows), classic profit-taking and unusual options flows are driving near-term selling pressure. Micron stock sinks after big rally: why profit-taking is hitting now
• Negative Sentiment: Valuation caution: Commentary from analysts and investors warns that many AI tailwinds may already be priced in, creating risk of pullbacks if growth or margin beats slow. Micron: Tailwinds Priced In
• Negative Sentiment: Near-term dip explanations: Coverage summarizing yesterday’s decline points to the combination of profit-taking and the market digesting heavy capex commitments, which is pressuring the stock today. Why Micron (MU) Dipped More Than Broader Market Today

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.