Micron Technology, Inc. (NASDAQ:MU) Stock Now Rated "Moderate Buy" by Wall Street Analysts

Key Points

• Analysts are broadly bullish: Micron has a consensus “Moderate Buy” rating, with 42 of 46 analysts rating it Buy or Strong Buy and an average 12-month price target of $1,407.88.
• Results topped expectations: Micron reported quarterly EPS of $33.42 versus a $31.77 consensus and revenue of $54.23 billion versus $51.33 billion expected; revenue rose 379.1% year over year, and the company issued first-quarter 2027 EPS guidance of $37.15–$39.15.
• Risks and volatility remain: Insiders sold 83,545 shares worth about $78.5 million over 90 days, while concerns about AI data-center restrictions and a pause in construction at a planned Taiwan facility add uncertainty to future demand and expansion.

Shares of Micron Technology, Inc. (NASDAQ:MU - Get Free Report) have been given a consensus recommendation of "Moderate Buy" by the forty-six brokerages that are presently covering the firm, MarketBeat.com reports. Four research analysts have rated the stock with a hold rating, forty-one have assigned a buy rating and one has given a strong buy rating to the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is $1,407.88.

A number of equities analysts recently issued reports on MU shares. TD Cowen reiterated a "buy" rating and set a $1,600.00 price objective on shares of Micron Technology in a research report on Thursday, October 1st. Itau BBA Securities upped their target price on shares of Micron Technology from $1,243.78 to $1,697.09 and gave the stock an "outperform" rating in a report on Wednesday, July 22nd. Needham & Company LLC reiterated a "buy" rating and issued a $1,650.00 price target on shares of Micron Technology in a report on Thursday, October 22nd. UBS Group reaffirmed a "buy" rating and issued a $1,625.00 target price (up from $535.00) on shares of Micron Technology in a report on Wednesday, September 23rd. Finally, Mizuho raised their target price on shares of Micron Technology from $1,300.00 to $1,400.00 and gave the company an "outperform" rating in a research report on Thursday, October 1st.

Insider Activity

In other news, EVP Sumit Sadana sold 15,000 shares of Micron Technology stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $934.29, for a total transaction of $14,014,350.00. Following the sale, the executive vice president directly owned 191,021 shares in the company, valued at approximately $178,469,010.09. The trade was a 7.28% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Scott Deboer sold 28,545 shares of the company's stock in a transaction on Friday, October 16th. The shares were sold at an average price of $900.00, for a total value of $25,690,500.00. Following the sale, the insider owned 147,430 shares of the company's stock, valued at approximately $132,687,000. The trade was a 16.22% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 83,545 shares of company stock worth $78,460,850. 0.24% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Micron Technology

Several institutional investors have recently modified their holdings of MU. Andar Capital Management HK Ltd lifted its position in Micron Technology by 856,960.3% in the second quarter. Andar Capital Management HK Ltd now owns 34,282,413 shares of the semiconductor manufacturer's stock worth $39,571,847,000 after purchasing an additional 34,278,413 shares during the period. Primecap Management Co. CA bought a new stake in shares of Micron Technology during the 2nd quarter valued at about $22,182,263,000. Bank of America Corp DE raised its stake in shares of Micron Technology by 26.6% during the 2nd quarter. Bank of America Corp DE now owns 10,174,757 shares of the semiconductor manufacturer's stock worth $11,744,621,000 after purchasing an additional 2,136,470 shares during the period. Legal & General Group Plc bought a new position in shares of Micron Technology in the second quarter worth approximately $8,402,393,000. Finally, Aberdeen Group plc increased its position in shares of Micron Technology by 762.2% in the third quarter. Aberdeen Group plc now owns 7,084,241 shares of the semiconductor manufacturer's stock valued at $7,545,496,000 after acquiring an additional 6,262,603 shares during the period. Institutional investors and hedge funds own 80.84% of the company's stock.

Micron Technology Stock Up 5.1%

Micron Technology stock opened at $690.00 on Friday. The company has a current ratio of 3.31, a quick ratio of 2.94 and a debt-to-equity ratio of 0.03. The firm has a market capitalization of $780.68 billion, a P/E ratio of 9.30, a P/E/G ratio of 0.14 and a beta of 2.36. The stock's fifty day simple moving average is $961.59 and its 200-day simple moving average is $754.99. Micron Technology has a twelve month low of $192.59 and a twelve month high of $1,255.00.

Micron Technology (NASDAQ:MU - Get Free Report) last released its earnings results on Wednesday, September 30th. The semiconductor manufacturer reported $33.42 earnings per share (EPS) for the quarter, topping the consensus estimate of $31.77 by $1.65. The business had revenue of $54.23 billion for the quarter, compared to analysts' expectations of $51.33 billion. Micron Technology had a net margin of 63.80% and a return on equity of 92.62%. The company's quarterly revenue was up 379.1% on a year-over-year basis. During the same period last year, the company earned $3.03 earnings per share. Micron Technology has set its Q1 2027 guidance at 37.150-39.150 EPS. As a group, equities analysts expect that Micron Technology will post 175.19 earnings per share for the current fiscal year.

Micron Technology Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, October 29th. Investors of record on Wednesday, October 14th were issued a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 0.1%. The ex-dividend date was Wednesday, October 14th. Micron Technology's dividend payout ratio is currently 0.81%.

Micron Technology News Summary

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

• Positive Sentiment: Micron’s latest quarter showed sharply higher sales, and its next-quarter revenue guidance reportedly exceeded Wall Street expectations. Analysts cited continued memory demand, especially for AI systems, as support for the business outlook. Why Micron Stock Is Up Today
• Positive Sentiment: Some investors and analysts view the recent selloff as excessive, pointing to Micron’s low forward valuation, customer commitments, and potential for buybacks. A separate analysis argues that U.S. DRAM production could be economically viable with government incentives and customer premiums. Micron: The Story Is Far From Being Over (Rating Upgrade)
• Neutral Sentiment: The stock’s sharp swings reflect a split outlook: robust current memory demand and results are being balanced against uncertainty about how durable AI-related spending will be. Micron Stock Rebounds After Selloff as AI Demand Risks Persist
• Negative Sentiment: Investors remain concerned that proposed restrictions on AI data centers—including permitting, power-use, and environmental rules—could delay projects and curb demand for memory chips. These fears helped drive the prior session’s steep decline. Could Micron Face Slower AI Demand From New Data Center Rules?
• Negative Sentiment: A reported pause in construction of Micron’s planned Taiwan facility, following a labor dispute, adds uncertainty around its manufacturing expansion and future capacity. Micron Plunges Amid Chip Selloff and Taiwan Plant Halt

About Micron Technology

Micron Technology is a semiconductor company that designs and manufactures memory and storage products. Its portfolio includes dynamic random-access memory (DRAM), NAND flash memory, NOR flash memory, solid-state drives, and other memory solutions used in computing and electronic devices.

Micron's products serve a range of markets, including data centers, personal computers, smartphones, automotive systems, and industrial applications. The company sells its products and solutions to customers around the world.

Founded in 1978 and headquartered in Boise, Idaho, Micron has grown into a global technology company with operations and customers across multiple regions.

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