Mizuho Forecasts Strong Price Appreciation for Micron Technology (NASDAQ:MU) Stock

Micron Technology (NASDAQ:MU) had its price target hoisted by investment analysts at Mizuho from $290.00 to $390.00 in a note issued to investors on Friday,Benzinga reports. The firm currently has an “outperform” rating on the semiconductor manufacturer’s stock. Mizuho’s price objective would suggest a potential upside of 14.33% from the company’s current price.

MU has been the subject of several other research reports. Morgan Stanley raised their price objective on shares of Micron Technology from $338.00 to $350.00 and gave the company an “overweight” rating in a research report on Thursday, December 18th. TD Cowen lifted their price target on shares of Micron Technology from $275.00 to $300.00 and gave the stock a “buy” rating in a research report on Thursday, December 18th. Cantor Fitzgerald increased their price objective on Micron Technology from $300.00 to $350.00 and gave the company an “overweight” rating in a research report on Thursday, December 18th. Needham & Company LLC raised their price objective on Micron Technology from $200.00 to $300.00 and gave the stock a “buy” rating in a research note on Tuesday, December 16th. Finally, JPMorgan Chase & Co. boosted their target price on Micron Technology from $220.00 to $350.00 and gave the stock an “overweight” rating in a research report on Thursday, December 18th. Five investment analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of $295.45.

Micron Technology Price Performance

Shares of Micron Technology stock traded up $14.08 on Friday, hitting $341.10. The company had a trading volume of 18,895,405 shares, compared to its average volume of 35,105,691. Micron Technology has a 52 week low of $61.54 and a 52 week high of $346.30. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.46 and a quick ratio of 1.78. The company has a market cap of $383.91 billion, a PE ratio of 32.34, a PEG ratio of 0.21 and a beta of 1.50. The business has a 50-day simple moving average of $254.46 and a 200-day simple moving average of $182.69.

Micron Technology (NASDAQ:MU) last released its earnings results on Wednesday, December 17th. The semiconductor manufacturer reported $4.78 earnings per share for the quarter, topping 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 firm had revenue of $13.64 billion during the quarter, compared to the consensus estimate of $12.62 billion. During the same period in the prior year, the firm posted $1.79 earnings per share. The firm’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. Research analysts expect that Micron Technology will post 6.08 EPS for the current fiscal year.

Insider Buying and Selling

In other news, CAO Scott R. Allen sold 8,800 shares of the stock in a transaction that occurred on Monday, October 20th. The shares were sold at an average price of $210.02, for a total value of $1,848,176.00. Following the completion of the sale, the chief accounting officer directly owned 40,237 shares of the company’s stock, valued at $8,450,574.74. This represents a 17.95% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP April S. Arnzen sold 15,000 shares of the business’s 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 transaction, the executive vice president directly owned 165,618 shares in the company, valued at $45,891,091.62. The trade was a 8.30% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 318,800 shares of company stock worth $72,333,387 over the last ninety days. 0.24% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of MU. Elevation Wealth Partners LLC lifted its holdings in shares of Micron Technology by 295.8% during the 4th quarter. Elevation Wealth Partners LLC now owns 95 shares of the semiconductor manufacturer’s stock valued at $27,000 after buying an additional 71 shares during the last quarter. Noble Wealth Management PBC acquired a new position in Micron Technology in the fourth quarter worth approximately $40,000. REAP Financial Group LLC bought a new position in Micron Technology during the third quarter valued at approximately $25,000. Barnes Dennig Private Wealth Management LLC acquired a new stake in Micron Technology in the third quarter valued at approximately $27,000. Finally, Cullen Frost Bankers Inc. lifted its stake in Micron Technology by 79.3% in the third quarter. Cullen Frost Bankers Inc. now owns 199 shares of the semiconductor manufacturer’s stock valued at $33,000 after acquiring an additional 88 shares during the last quarter. Hedge funds and other institutional investors own 80.84% of the company’s stock.

Key Micron Technology News

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

• Positive Sentiment: Major sell‑side upgrades and price‑target hikes to $400 from UBS and Piper Sandler reinforce upside expectations and help drive buying interest. UBS Group Boosts Micron Technology (NASDAQ:MU) Price Target to $400.00 Micron Technology (NASDAQ:MU) Stock Price Expected to Rise, Piper Sandler Analyst Says
• Positive Sentiment: Analysts and industry pieces point to persistent AI‑driven DRAM/HBM demand, pricing power and tight supply that should support revenue and margin upside for Micron. Can AI-Driven DRAM Demand Sustain Micron’s Revenue Upswing? Micron’s Pricing Power Looks Unstoppable As AI Demand Outruns Supply
• Positive Sentiment: Coverage (Forbes, The Motley Fool, Seeking Alpha) highlights Micron’s recent beat/guidance and strategic pivot toward higher‑value memory for AI infrastructure as a structural tailwind. Up 3x In 2025, What’s Next For Micron Stock?
• Neutral Sentiment: Industry tailwinds are reinforced by peer strength (Samsung’s record profit outlook), which supports the sector but also highlights cyclicality to monitor. Samsung Expects Record Profit as Memory Chip Prices Soar. What It Means for Micron Stock.
• Neutral Sentiment: Momentum indicators, media endorsements and Zacks rank upgrades are increasing retail/institutional attention—positive for flows but possibly already reflected in price. Best Growth Stocks to Buy for January 8th Jim Cramer Calls Micron a “Favorite of the Show”
• Negative Sentiment: Insider selling (Micron’s CAO sold 2,000 shares) is a visible disposition that short‑term traders sometimes cite as a caution. SEC Filing: Insider Sale by Scott R. Allen
• Negative Sentiment: After a rapid run‑up the stock has seen profit‑taking and a market pullback; some analysts and traders warn of overbought technicals and elevated valuation risk in the near term. Micron (MU) Stock Drops In Market Pullback, But AI Memory Demand Stays Hot 5-star analyst drops eye-popping Micron stock price target

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.