Micron Technology (NASDAQ:MU) Earns Buy Rating from Rosenblatt Securities

Key Points

• Rosenblatt Securities reiterated a Buy rating on Micron with a $500 price target (about 12% upside), joining multiple brokers that have recently lifted targets and left consensus sentiment at a Buy (MarketBeat consensus target $394.59).
• Shares jumped ~4.8% to $446.37 after Micron reported an earnings beat (Q EPS $4.78 vs. $3.77 est., revenue $13.64B, +56.7% YoY) and set Q2 guidance of $8.22–$8.62 EPS, supporting bullish analyst expectations tied to AI demand.
• Catalysts and risks: Micron completed the acquisition of Powerchip’s Tongluo P5 site and plans major AI DRAM/HBM capacity expansion, while heavy recent insider selling and at least one note warning of an earlier memory downcycle present governance and market‑cycle risks.

Micron Technology (NASDAQ:MU - Get Free Report)'s stock had its "buy" rating reiterated by investment analysts at Rosenblatt Securities in a research report issued to clients and investors on Monday,Benzinga reports. They presently have a $500.00 price target on the semiconductor manufacturer's stock. Rosenblatt Securities' price target points to a potential upside of 12.01% from the stock's previous close.

A number of other brokerages have also weighed in on MU. Deutsche Bank Aktiengesellschaft raised their price objective on Micron Technology from $200.00 to $280.00 and gave the company a "buy" rating in a research note on Tuesday, December 9th. Barclays lifted their target price on Micron Technology from $275.00 to $450.00 and gave the stock an "overweight" rating in a research report on Friday, January 16th. UBS Group upped their price target on Micron Technology to $475.00 and gave the company a "buy" rating in a research report on Monday, March 2nd. Wells Fargo & Company lifted their price objective on shares of Micron Technology from $410.00 to $470.00 and gave the stock an "overweight" rating in a report on Thursday. Finally, Weiss Ratings reiterated a "buy (b-)" rating on shares of Micron Technology in a research note on Thursday, January 29th. Six equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the company has a consensus rating of "Buy" and a consensus target price of $394.59.

Micron Technology Stock Up 4.8%

Shares of NASDAQ:MU traded up $20.24 during midday trading on Monday, hitting $446.37. 33,695,775 shares of the company's stock traded hands, compared to its average volume of 35,796,363. The firm's fifty day moving average price is $391.35 and its two-hundred day moving average price is $273.84. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.78 and a current ratio of 2.46. Micron Technology has a twelve month low of $61.54 and a twelve month high of $455.50. The company has a market cap of $502.40 billion, a PE ratio of 42.44 and a beta of 1.50.

Micron Technology (NASDAQ:MU - Get Free Report) last announced its quarterly earnings results on Wednesday, December 17th. The semiconductor manufacturer reported $4.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.77 by $1.01. The firm had revenue of $13.64 billion during the quarter, compared to the consensus estimate of $12.62 billion. Micron Technology had a return on equity of 22.71% and a net margin of 28.15%.The firm's quarterly revenue was up 56.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.79 EPS. Micron Technology has set its Q2 2026 guidance at 8.220-8.620 EPS. On average, equities research analysts anticipate that Micron Technology will post 6.08 EPS for the current fiscal year.

Insider Activity

In related news, EVP Sumit Sadana sold 25,000 shares of the firm's stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $429.89, for a total transaction of $10,747,250.00. Following the transaction, the executive vice president owned 248,021 shares in the company, valued at $106,621,747.69. This trade represents a 9.16% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Teyin M. Liu purchased 11,600 shares of the stock in a transaction dated Tuesday, January 13th. The shares were purchased at an average price of $337.07 per share, for a total transaction of $3,910,012.00. Following the completion of the transaction, the director owned 14,310 shares in the company, valued at $4,823,471.70. This trade represents a 428.04% increase in their position. The SEC filing for this purchase provides additional information. In the last 90 days, insiders have acquired 23,200 shares of company stock worth $7,821,723 and have sold 73,623 shares worth $27,307,408. Corporate insiders own 0.24% of the company's stock.

Institutional Investors Weigh In On Micron Technology

A number of large investors have recently made changes to their positions in the company. Vanguard Group Inc. grew its stake in Micron Technology by 1.9% during the 4th quarter. Vanguard Group Inc. now owns 106,608,094 shares of the semiconductor manufacturer's stock valued at $30,427,016,000 after acquiring an additional 1,954,644 shares in the last quarter. State Street Corp lifted its position in shares of Micron Technology by 2.1% in the fourth quarter. State Street Corp now owns 52,749,817 shares of the semiconductor manufacturer's stock worth $15,061,310,000 after purchasing an additional 1,090,644 shares in the last quarter. Capital International Investors lifted its position in shares of Micron Technology by 0.7% in the third quarter. Capital International Investors now owns 23,372,821 shares of the semiconductor manufacturer's stock worth $3,910,198,000 after purchasing an additional 155,860 shares in the last quarter. Norges Bank acquired a new stake in shares of Micron Technology during the fourth quarter worth approximately $6,433,456,000. Finally, Morgan Stanley grew its position in Micron Technology by 5.1% during the fourth quarter. Morgan Stanley now owns 16,396,655 shares of the semiconductor manufacturer's stock valued at $4,679,771,000 after purchasing an additional 794,289 shares in the last quarter. Institutional investors and hedge funds own 80.84% of the company's stock.

More Micron Technology News

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

• Positive Sentiment: Micron completed the acquisition of Powerchip’s Tongluo P5 site in Taiwan and unveiled plans to build a second facility there, adding ~300k sq ft of cleanroom space now and another ~270k later — a multi‑year capacity boost targeted at AI DRAM/HBM demand. Micron Completes Acquisition (GlobeNewswire)
• Positive Sentiment: Major brokers bumped targets and reiterated buys (RBC to $525, TD Cowen to $500 and others), lifting sentiment and increasing the size of the potential upside baked into the stock. Analyst Targets Lifted (Schaeffers)
• Positive Sentiment: Analysts and previews expect a large AI‑driven DRAM revenue beat (estimates of ~145% YoY DRAM revenue growth for Q2), making earnings and forward guidance a likely positive catalyst. AI Demand / DRAM Revenue Preview (Zacks)
• Neutral Sentiment: Broader market tailwinds (risk‑on tone after easing geopolitical headlines and a rally in tech) are amplifying gains in high‑beta semiconductor names like Micron. Market Tailwinds (Yahoo Finance)
• Neutral Sentiment: Large institutional flows are mixed — some funds added material stakes (BlackRock, Norges) while others trimmed positions — which can accentuate volatility around news and earnings. Institutional Flows & Market Commentary (QuiverQuant)
• Negative Sentiment: Heavy insider selling has been reported in recent months (many executive sales), which some investors view as a governance or timing concern. Insider Trading Details (QuiverQuant)
• Negative Sentiment: Not all research is bullish — at least one note flags risk of an earlier‑than‑expected memory downcycle, which would pressure prices and margins if demand slips. Downcycle Risk (Seeking Alpha)

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.

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