UBS Group Issues Positive Forecast for Micron Technology (NASDAQ:MU) Stock Price

Key Points

• UBS Group raised its price target for Micron Technology (NASDAQ:MU) from $155.00 to $185.00, indicating a potential upside of 17.66% from its previous close.
• Multiple research firms, including JPMorgan Chase and Citigroup, also increased their price targets for Micron Technology, with most analysts giving it a "buy" or "overweight" rating.
• Micron Technology recently reported earnings of $1.91 per share, surpassing analysts' expectations, and has set its Q4 2025 guidance at 2.350-2.650 EPS.

Micron Technology (NASDAQ:MU - Get Free Report) had its price objective raised by research analysts at UBS Group from $155.00 to $185.00 in a note issued to investors on Monday,Benzinga reports. The firm currently has a "buy" rating on the semiconductor manufacturer's stock. UBS Group's target price points to a potential upside of 17.66% from the stock's previous close.

Other research analysts also recently issued reports about the company. JPMorgan Chase & Co. upped their price target on Micron Technology from $165.00 to $185.00 and gave the company an "overweight" rating in a report on Tuesday, August 12th. Stifel Nicolaus upped their price target on Micron Technology from $130.00 to $145.00 and gave the company a "buy" rating in a report on Thursday, June 26th. Citigroup upped their price target on Micron Technology from $150.00 to $175.00 and gave the company a "buy" rating in a report on Thursday. Wall Street Zen cut Micron Technology from a "strong-buy" rating to a "buy" rating in a research report on Saturday. Finally, Robert W. Baird upped their price objective on Micron Technology from $163.00 to $200.00 and gave the company an "outperform" rating in a research report on Friday, June 27th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and five have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $154.16.

Micron Technology Trading Up 4.4%

Micron Technology stock opened at $157.23 on Monday. The company has a current ratio of 2.75, a quick ratio of 1.89 and a debt-to-equity ratio of 0.30. The business's fifty day simple moving average is $119.94 and its two-hundred day simple moving average is $103.33. Micron Technology has a 12 month low of $61.54 and a 12 month high of $158.28. The company has a market capitalization of $175.96 billion, a price-to-earnings ratio of 28.33 and a beta of 1.47.

Micron Technology (NASDAQ:MU - Get Free Report) last announced its quarterly earnings results on Wednesday, June 25th. The semiconductor manufacturer reported $1.91 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.57 by $0.34. The firm had revenue of $9.30 billion for the quarter, compared to the consensus estimate of $8.83 billion. Micron Technology had a return on equity of 13.60% and a net margin of 18.41%.During the same period in the prior year, the company posted $0.62 earnings per share. Micron Technology has set its Q4 2025 guidance at 2.350-2.650 EPS. As a group, equities analysts predict that Micron Technology will post 6.08 earnings per share for the current fiscal year.

Insider Activity at Micron Technology

In related news, EVP Sumit Sadana sold 92,638 shares of the business's stock in a transaction on Friday, June 27th. The stock was sold at an average price of $125.49, for a total transaction of $11,625,142.62. Following the completion of the transaction, the executive vice president owned 201,326 shares in the company, valued at $25,264,399.74. The trade was a 31.51% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Mark J. Murphy sold 34,000 shares of Micron Technology stock in a transaction on Tuesday, July 22nd. The shares were sold at an average price of $109.32, for a total value of $3,716,880.00. Following the sale, the chief financial officer directly owned 264,036 shares of the company's stock, valued at approximately $28,864,415.52. This trade represents a 11.41% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 273,656 shares of company stock worth $33,687,309 over the last quarter. 0.30% of the stock is owned by insiders.

Institutional Investors Weigh In On Micron Technology

A number of institutional investors and hedge funds have recently bought and sold shares of MU. Brighton Jones LLC raised its position in shares of Micron Technology by 18.3% in the 4th quarter. Brighton Jones LLC now owns 6,318 shares of the semiconductor manufacturer's stock worth $532,000 after acquiring an additional 976 shares in the last quarter. Bank Pictet & Cie Europe AG raised its position in shares of 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 acquiring an additional 13,985 shares in the last quarter. State of Wyoming raised its position in shares of Micron Technology by 2,336.1% in the 4th quarter. State of Wyoming now owns 3,581 shares of the semiconductor manufacturer's stock worth $301,000 after acquiring an additional 3,434 shares in the last quarter. Triglav Skladi D.O.O. bought a new position in shares of Micron Technology in the 4th quarter worth $11,556,000. Finally, Sphera Management Technology Funds Ltd bought a new position in shares of Micron Technology in the 4th quarter worth $2,104,000. 80.84% of the stock is owned by institutional investors.

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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