Micron Technology (MU) Projected to Post Quarterly Earnings on Wednesday

Micron Technology (NASDAQ:MU - Get Free Report) is expected to post its Q3 2025 quarterly earnings results after the market closes on Wednesday, June 25th. Analysts expect Micron Technology to post earnings of $1.57 per share and revenue of $8.83 billion for the quarter.

Micron Technology (NASDAQ:MU - Get Free Report) last released its quarterly earnings results on Thursday, March 20th. The semiconductor manufacturer reported $1.56 earnings per share for the quarter, beating analysts' consensus estimates of $1.43 by $0.13. The company had revenue of $8.05 billion for the quarter, compared to analysts' expectations of $7.93 billion. Micron Technology had a return on equity of 10.87% and a net margin of 14.92%. The business's revenue for the quarter was up 38.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.42 earnings per share. On average, analysts expect Micron Technology to post $6 EPS for the current fiscal year and $11 EPS for the next fiscal year.

Micron Technology Stock Performance

Shares of MU traded up $1.78 during mid-day trading on Friday, reaching $123.60. 29,228,945 shares of the company's stock traded hands, compared to its average volume of 23,459,384. The business's 50-day moving average price is $93.13 and its 200-day moving average price is $93.33. The stock has a market capitalization of $138.13 billion, a P/E ratio of 29.64 and a beta of 1.28. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.99 and a current ratio of 3.13. Micron Technology has a 12 month low of $61.54 and a 12 month high of $144.07.

Insiders Place Their Bets

In other Micron Technology news, EVP April S. Arnzen sold 15,000 shares of Micron Technology stock in a transaction that occurred on Tuesday, March 25th. The shares were sold at an average price of $96.18, for a total transaction of $1,442,700.00. Following the transaction, the executive vice president now directly owns 164,769 shares in the company, valued at approximately $15,847,482.42. The trade was a 8.34% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Sanjay Mehrotra sold 3,562 shares of Micron Technology stock in a transaction that occurred on Friday, June 6th. The stock was sold at an average price of $110.46, for a total transaction of $393,458.52. Following the transaction, the chief executive officer now owns 391,113 shares in the company, valued at approximately $43,202,341.98. The trade was a 0.90% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 52,404 shares of company stock worth $5,572,867. Corporate insiders own 0.30% of the company's stock.

Hedge Funds Weigh In On Micron Technology

A hedge fund recently raised its stake in Micron Technology stock. Brighton Jones LLC grew its stake in shares of Micron Technology, Inc. (NASDAQ:MU - Free Report) by 18.3% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 6,318 shares of the semiconductor manufacturer's stock after acquiring an additional 976 shares during the period. Brighton Jones LLC's holdings in Micron Technology were worth $532,000 as of its most recent SEC filing. Institutional investors and hedge funds own 80.84% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the company. Barclays dropped their target price on Micron Technology from $115.00 to $95.00 and set an "overweight" rating on the stock in a report on Tuesday, April 22nd. Morgan Stanley dropped their target price on Micron Technology from $112.00 to $98.00 and set an "equal weight" rating on the stock in a report on Wednesday, May 7th. Robert W. Baird boosted their target price on Micron Technology from $130.00 to $163.00 and gave the stock an "outperform" rating in a report on Friday, March 21st. UBS Group boosted their target price on Micron Technology from $92.00 to $120.00 and gave the stock a "buy" rating in a report on Thursday, June 5th. Finally, China Renaissance cut Micron Technology from a "buy" rating to a "hold" rating and set a $84.00 target price on the stock. in a report on Wednesday, March 26th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating, twenty have given a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $130.80.

About Micron Technology

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.