Barclays Forecasts Strong Price Appreciation for Micron Technology (NASDAQ:MU) Stock

Key Points

• Barclays has increased its price target for Micron Technology from $140.00 to $175.00, maintaining an "overweight" rating on the stock, indicating a projected upside of 7.42% from the previous close.
• Multiple analysts have revised their price targets for Micron Technology, with the consensus now at $163.50; this includes price targets ranging from $135.00 to $200.00, reflecting strong bullish sentiment overall.
• Micron reported earnings per share of $1.91 for its latest quarter, exceeding analyst expectations, and provided guidance for Q4 2025 EPS between 2.350-2.650.

Micron Technology (NASDAQ:MU - Get Free Report) had its target price increased by stock analysts at Barclays from $140.00 to $175.00 in a research note issued to investors on Friday, Marketbeat Ratings reports. The brokerage currently has an "overweight" rating on the semiconductor manufacturer's stock. Barclays's price target would suggest a potential upside of 5.20% from the stock's previous close.

Other equities analysts have also recently issued research reports about the company. Susquehanna lifted their target price on Micron Technology from $160.00 to $200.00 and gave the company a "positive" rating in a research note on Wednesday, September 17th. Rosenblatt Securities restated a "buy" rating and set a $200.00 price objective on shares of Micron Technology in a research report on Thursday. Bank of America increased their target price on Micron Technology from $84.00 to $140.00 and gave the stock a "neutral" rating in a report on Thursday, June 26th. Zacks Research raised Micron Technology from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, August 19th. Finally, Arete Research raised Micron Technology to a "strong-buy" rating in a research report on Friday, July 18th. Two research analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $165.54.

Micron Technology Price Performance

Shares of NASDAQ:MU traded up $3.61 on Friday, reaching $166.34. 16,072,807 shares of the company were exchanged, compared to its average volume of 22,765,398. The company has a current ratio of 2.75, a quick ratio of 1.89 and a debt-to-equity ratio of 0.30. Micron Technology has a 1-year low of $61.54 and a 1-year high of $170.45. The firm has a market cap of $186.16 billion, a price-to-earnings ratio of 30.00 and a beta of 1.47. The company has a 50-day moving average of $123.82 and a 200-day moving average of $105.77.

Micron Technology (NASDAQ:MU - Get Free Report) last posted its quarterly earnings results on Wednesday, June 25th. The semiconductor manufacturer reported $1.91 EPS for the quarter, beating the consensus estimate of $1.57 by $0.34. Micron Technology had a net margin of 18.41% and a return on equity of 13.60%. The firm had revenue of $9.30 billion for the quarter, compared to analyst estimates of $8.83 billion. During the same quarter last year, the firm posted $0.62 earnings per share. Micron Technology has set its Q4 2025 guidance at 2.350-2.650 EPS. Equities analysts forecast that Micron Technology will post 6.08 earnings per share for the current fiscal year.

Insider Buying and Selling at Micron Technology

In related news, Director Mary Pat Mccarthy sold 2,404 shares of the business's stock in a transaction that occurred on Tuesday, September 2nd. The shares were sold at an average price of $115.67, for a total value of $278,070.68. Following the completion of the transaction, the director directly owned 20,146 shares in the company, valued at $2,330,287.82. The trade was a 10.66% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Mark J. Murphy sold 34,000 shares of the company's stock in a transaction on Tuesday, July 22nd. The stock was sold at an average price of $109.32, for a total value of $3,716,880.00. Following the completion of the sale, the chief financial officer owned 264,036 shares of the company's stock, valued at $28,864,415.52. This trade represents a 11.41% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 275,946 shares of company stock worth $34,242,567. Insiders own 0.30% of the company's stock.

Institutional Trading of Micron Technology

Several hedge funds have recently made changes to their positions in MU. 180 Wealth Advisors LLC lifted its stake in Micron Technology by 1.9% in the second quarter. 180 Wealth Advisors LLC now owns 5,235 shares of the semiconductor manufacturer's stock worth $645,000 after purchasing an additional 99 shares during the last quarter. SilverOak Wealth Management LLC increased its holdings in Micron Technology by 3.5% during the second quarter. SilverOak Wealth Management LLC now owns 2,955 shares of the semiconductor manufacturer's stock valued at $364,000 after buying an additional 100 shares during the period. Beta Wealth Group Inc. increased its holdings in Micron Technology by 1.5% during the second quarter. Beta Wealth Group Inc. now owns 6,805 shares of the semiconductor manufacturer's stock valued at $839,000 after buying an additional 102 shares during the period. HMS Capital Management LLC increased its holdings in Micron Technology by 0.6% during the second quarter. HMS Capital Management LLC now owns 19,271 shares of the semiconductor manufacturer's stock valued at $2,375,000 after buying an additional 107 shares during the period. Finally, D.B. Root & Company LLC boosted its stake in Micron Technology by 3.7% in the first quarter. D.B. Root & Company LLC now owns 3,018 shares of the semiconductor manufacturer's stock valued at $262,000 after acquiring an additional 108 shares in the last quarter. 80.84% of the stock is currently owned by hedge funds and other institutional investors.

Micron Technology Company Profile

Micron Technology, Inc designs, develops, manufactures, and sells memory and storage products worldwide. The company operates through four segments: Compute and Networking Business Unit, Mobile Business Unit, Embedded Business Unit, and Storage Business Unit. It provides memory and storage technologies comprising dynamic random access memory semiconductor devices with low latency that provide high-speed data retrieval; non-volatile and re-writeable semiconductor storage devices; and non-volatile re-writable semiconductor memory devices that provide fast read speeds under the Micron and Crucial brands, as well as through private labels.