Q3 Earnings Estimate for Micron Technology Issued By Wedbush

Micron Technology, Inc. (NASDAQ:MU - Free Report) - Analysts at Wedbush lifted their Q3 2025 earnings per share (EPS) estimates for Micron Technology in a research report issued on Friday, June 20th. Wedbush analyst M. Bryson now anticipates that the semiconductor manufacturer will post earnings of $1.53 per share for the quarter, up from their previous estimate of $1.41. Wedbush currently has a "Outperform" rating and a $150.00 target price on the stock. The consensus estimate for Micron Technology's current full-year earnings is $6.08 per share. Wedbush also issued estimates for Micron Technology's FY2025 earnings at $6.55 EPS and Q4 2026 earnings at $4.48 EPS.

Other equities analysts have also recently issued reports about the company. Royal Bank Of Canada set a $125.00 target price on Micron Technology in a research note on Wednesday, March 19th. Cantor Fitzgerald reissued an "overweight" rating and set a $130.00 price objective on shares of Micron Technology in a research report on Friday, March 21st. Robert W. Baird raised their target price on shares of Micron Technology from $130.00 to $163.00 and gave the stock an "outperform" rating in a research report on Friday, March 21st. Rosenblatt Securities cut their target price on shares of Micron Technology from $250.00 to $200.00 and set a "buy" rating on the stock in a research note on Friday, March 21st. Finally, Mizuho increased their price target on shares of Micron Technology from $124.00 to $130.00 and gave the stock an "outperform" rating in a research note on Thursday, June 5th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, nineteen have issued a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $127.92.

Micron Technology Stock Performance

Micron Technology stock opened at $123.60 on Monday. Micron Technology has a 1-year low of $61.54 and a 1-year high of $144.07. The firm has a market cap of $138.13 billion, a P/E ratio of 29.64 and a beta of 1.28. The company has a current ratio of 3.13, a quick ratio of 1.99 and a debt-to-equity ratio of 0.28. The firm has a 50-day moving average of $93.13 and a 200-day moving average of $93.27.

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

Institutional Investors Weigh In On Micron Technology

Several hedge funds and other institutional investors have recently made changes to their positions in MU. Brighton Jones LLC raised its position in Micron Technology by 18.3% in the fourth quarter. Brighton Jones LLC now owns 6,318 shares of the semiconductor manufacturer's stock worth $532,000 after acquiring an additional 976 shares during the period. Bank Pictet & Cie Europe AG raised its holdings in Micron Technology by 19.5% in the 4th quarter. Bank Pictet & Cie Europe AG now owns 85,722 shares of the semiconductor manufacturer's stock worth $7,214,000 after purchasing an additional 13,985 shares during the period. Concurrent Investment Advisors LLC lifted its position in Micron Technology by 24.4% during the fourth quarter. Concurrent Investment Advisors LLC now owns 7,873 shares of the semiconductor manufacturer's stock valued at $663,000 after purchasing an additional 1,542 shares in the last quarter. Transcend Capital Advisors LLC lifted its position in Micron Technology by 60.7% during the fourth quarter. Transcend Capital Advisors LLC now owns 6,159 shares of the semiconductor manufacturer's stock valued at $518,000 after purchasing an additional 2,326 shares in the last quarter. Finally, Callan Capital LLC grew its holdings in Micron Technology by 12.6% during the fourth quarter. Callan Capital LLC now owns 4,115 shares of the semiconductor manufacturer's stock valued at $346,000 after purchasing an additional 459 shares during the period. Hedge funds and other institutional investors own 80.84% of the company's stock.

Insider Activity at Micron Technology

In related news, EVP April S. Arnzen sold 15,000 shares of the company's stock in a transaction on Tuesday, March 25th. The stock was sold at an average price of $96.18, for a total transaction of $1,442,700.00. Following the completion of the sale, the executive vice president now owns 164,769 shares in the company, valued at approximately $15,847,482.42. This represents a 8.34% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Scott J. Deboer sold 20,000 shares of the stock in a transaction dated Friday, June 6th. The shares were sold at an average price of $110.00, for a total value of $2,200,000.00. Following the completion of the transaction, the executive vice president now directly owns 186,353 shares in the company, valued at approximately $20,498,830. This represents a 9.69% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 52,404 shares of company stock valued at $5,572,867 over the last ninety days. Insiders own 0.30% of the company's stock.

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.

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