Shares of Micron Technology, Inc. (NASDAQ:MU - Get Free Report) rose 5.1% on Friday after Wedbush raised their price target on the stock from $320.00 to $500.00. Wedbush currently has an outperform rating on the stock. Micron Technology traded as high as $429.35 and last traded at $426.13. Approximately 39,024,558 shares traded hands during trading, an increase of 9% from the average daily volume of 35,874,766 shares. The stock had previously closed at $405.35.
A number of other research analysts have also issued reports on the company. Itau BBA Securities reiterated an "outperform" rating on shares of Micron Technology in a report on Thursday, December 18th. Citigroup boosted their price objective on Micron Technology from $385.00 to $430.00 and gave the stock a "buy" rating in a research report on Monday. Weiss Ratings reaffirmed a "buy (b-)" rating on shares of Micron Technology in a report on Thursday, January 29th. Wolfe Research lifted their price target on shares of Micron Technology from $300.00 to $350.00 and gave the stock an "outperform" rating in a research note on Thursday, December 18th. Finally, JPMorgan Chase & Co. boosted their price target on shares of Micron Technology from $220.00 to $350.00 and gave the stock an "overweight" rating in a report on Thursday, December 18th. Six 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's stock. According to data from MarketBeat.com, Micron Technology presently has a consensus rating of "Buy" and an average target price of $389.41.
Get Our Latest Stock Analysis on MU
Insider Buying and Selling at Micron Technology
In related news, EVP Manish H. Bhatia sold 26,623 shares of the company's stock in a transaction that occurred on Thursday, January 22nd. The stock was sold at an average price of $391.04, for a total value of $10,410,657.92. Following the completion of the transaction, the executive vice president directly owned 323,486 shares of the company's stock, valued at $126,495,965.44. This represents a 7.60% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP April S. Arnzen sold 15,000 shares of the stock in a transaction that occurred on Monday, December 22nd. The shares were sold at an average price of $277.09, for a total transaction of $4,156,350.00. Following the completion of the transaction, the executive vice president owned 165,618 shares in the company, valued at $45,891,091.62. This represents a 8.30% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have acquired 23,200 shares of company stock worth $7,821,723 and have sold 73,623 shares worth $27,307,408. Insiders own 0.24% of the company's stock.
Micron Technology News Summary
Here are the key news stories impacting Micron Technology this week:
- Positive Sentiment: Wedbush and other firms raised targets (Wedbush to $500), citing stronger-than-expected memory pricing and sustained AI demand — a direct catalyst for higher forward earnings expectations and the midday rally. Micron in focus as Wedbush ups price target on stronger-than-expected pricing
- Positive Sentiment: Market and trade coverage highlight that spot memory prices have surged — if that pricing flow-through shows up in guidance, Micron’s margins and EPS could climb materially, underpinning the stock’s move. Micron's stock is rising. Here's the big question heading into earnings.
- Positive Sentiment: Street previews expect another “monster” quarter: analysts project very large YoY revenue and EPS growth driven by AI-related memory demand and better pricing, raising odds of an earnings beat and stronger guidance. Micron Q2 Earnings Preview: Expect Another Monster Quarter
- Positive Sentiment: Supply tightness in high‑value segments (HBM sold out for 2026; DRAM/NAND constraints) supports pricing power and near‑term profitability, an argument many bulls are using to justify higher targets. Micron Technology: HBM Sold Out For 2026, Wall Street Is Still Underpricing
- Neutral Sentiment: Multiple analysts (Wolfe, Susquehanna, others) have lifted targets and reiterated positive ratings — that amplifies flows but also concentrates expectations into the upcoming earnings print on March 18. Analyts Remain Positive on Micron Technology, Here’s Why?
- Negative Sentiment: Key risk: memory cycles and capital spending can reverse pricing gains quickly — investors will focus on Micron’s Q3 guidance and whether management warns of potential overinvestment or softer pricing ahead. Micron Q2 Earnings Preview: Expect Another Monster Quarter
- Negative Sentiment: Short‑term pullbacks are possible: the stock had a notable intra‑week dip and heavy trading volume, reflecting heightened volatility as expectations rise. Micron (MU) Falls More Steeply Than Broader Market: What Investors Need To Know
Institutional Trading of Micron Technology
Several institutional investors and hedge funds have recently bought and sold shares of MU. Brighton Jones LLC boosted its stake in shares of Micron Technology by 18.3% during the fourth quarter. Brighton Jones LLC now owns 6,318 shares of the semiconductor manufacturer's stock worth $532,000 after buying an additional 976 shares during the period. Sivia Capital Partners LLC increased its position in Micron Technology by 21.7% in the 2nd quarter. Sivia Capital Partners LLC now owns 3,528 shares of the semiconductor manufacturer's stock valued at $435,000 after acquiring an additional 628 shares during the period. United Bank acquired a new position in Micron Technology in the 2nd quarter valued at about $236,000. Schnieders Capital Management LLC. raised its stake in Micron Technology by 67.9% during the 2nd quarter. Schnieders Capital Management LLC. now owns 16,984 shares of the semiconductor manufacturer's stock valued at $2,093,000 after acquiring an additional 6,867 shares during the last quarter. Finally, Campbell & CO Investment Adviser LLC acquired a new stake in Micron Technology during the 2nd quarter worth approximately $691,000. Hedge funds and other institutional investors own 80.84% of the company's stock.
Micron Technology Stock Up 5.1%
The business has a 50-day simple moving average of $389.13 and a two-hundred day simple moving average of $269.51. The company has a market capitalization of $479.61 billion, a price-to-earnings ratio of 40.51 and a beta of 1.50. 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 (NASDAQ:MU - Get Free Report) last released its earnings results on Wednesday, December 17th. The semiconductor manufacturer reported $4.78 earnings per share (EPS) for the quarter, beating 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 business 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 company'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. As a group, equities analysts predict that Micron Technology, Inc. will post 6.08 EPS for the current year.
Micron Technology Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Wednesday, January 14th. Stockholders of record on Monday, December 29th were paid a $0.115 dividend. This represents a $0.46 annualized dividend and a dividend yield of 0.1%. The ex-dividend date was Monday, December 29th. Micron Technology's dividend payout ratio (DPR) is 4.37%.
About Micron Technology
(
Get Free Report)
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.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Micron Technology, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Micron Technology wasn't on the list.
While Micron Technology currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
A forward-looking investment report spotlighting the seven space companies best positioned to benefit from accelerating commercialization in 2026. It explores key industry trends, major growth catalysts, and the stocks shaping the next phase of the space economy—from launch leaders and satellite networks to data, defense, and in-space infrastructure.
Get This Free Report
