Micron Technology (NASDAQ:MU) Price Target Raised to $410.00

Micron Technology (NASDAQ:MU) had its target price boosted by Wells Fargo & Company from $335.00 to $410.00 in a report published on Thursday morning,Benzinga reports. The brokerage currently has an overweight rating on the semiconductor manufacturer’s stock.

Other equities research analysts also recently issued research reports about the company. Cantor Fitzgerald raised their price target on Micron Technology from $350.00 to $450.00 and gave the company an “overweight” rating in a report on Wednesday. Deutsche Bank Aktiengesellschaft increased their price objective on shares of Micron Technology from $200.00 to $280.00 and gave the company a “buy” rating in a research report on Tuesday, December 9th. Morgan Stanley lifted their target price on shares of Micron Technology from $338.00 to $350.00 and gave the stock an “overweight” rating in a report on Thursday, December 18th. Susquehanna increased their price target on shares of Micron Technology from $200.00 to $300.00 and gave the company a “positive” rating in a report on Monday, December 8th. Finally, Royal Bank Of Canada started coverage on shares of Micron Technology in a research report on Thursday. They set an “outperform” rating and a $425.00 price objective for the company. Five equities research analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of $326.66.

Micron Technology Stock Performance

Shares of MU opened at $362.75 on Thursday. The company has a market cap of $408.28 billion, a PE ratio of 34.48, a price-to-earnings-growth ratio of 0.22 and a beta of 1.50. The firm has a 50-day moving average of $267.89 and a 200-day moving average of $192.29. Micron Technology has a one year low of $61.54 and a one year high of $365.81. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.46 and a quick ratio of 1.78.

Micron Technology (NASDAQ:MU) last issued its 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. Micron Technology had a net margin of 28.15% and a return on equity of 22.71%. The business had revenue of $13.64 billion during the quarter, compared to the consensus estimate of $12.62 billion. During the same period last year, the business posted $1.79 EPS. Micron Technology’s revenue was up 56.7% on a year-over-year basis. Micron Technology has set its Q2 2026 guidance at 8.220-8.620 EPS. As a group, equities analysts forecast that Micron Technology will post 6.08 earnings per share for the current year.

Micron Technology Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 14th. Investors 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 payout ratio is 4.37%.

Insider Buying and Selling at Micron Technology

In related news, Director Teyin M. Liu acquired 11,600 shares of the stock in a transaction on Wednesday, January 14th. The shares were purchased at an average price of $337.22 per share, for a total transaction of $3,911,752.00. Following the purchase, the director directly owned 25,910 shares in the company, valued at approximately $8,737,370.20. The trade was a 81.06% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CAO Scott R. Allen sold 2,000 shares of the company’s stock in a transaction on Tuesday, January 6th. The shares were sold at an average price of $337.50, for a total value of $675,000.00. Following the sale, the chief accounting officer owned 38,237 shares of the company’s stock, valued at approximately $12,904,987.50. The trade was a 4.97% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 318,800 shares of company stock valued at $72,333,387 over the last ninety days. 0.24% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Micron Technology

Several hedge funds have recently bought and sold shares of MU. Omnia Family Wealth LLC boosted its position in shares of Micron Technology by 2.1% during the 4th quarter. Omnia Family Wealth LLC now owns 1,464 shares of the semiconductor manufacturer’s stock worth $418,000 after acquiring an additional 30 shares in the last quarter. Sunflower Bank N.A. raised its position in Micron Technology by 2.1% during the fourth quarter. Sunflower Bank N.A. now owns 1,668 shares of the semiconductor manufacturer’s stock valued at $476,000 after purchasing an additional 34 shares in the last quarter. Rialto Wealth Management LLC lifted its stake in Micron Technology by 3.5% during the fourth quarter. Rialto Wealth Management LLC now owns 1,061 shares of the semiconductor manufacturer’s stock worth $303,000 after purchasing an additional 36 shares during the last quarter. Montecito Bank & Trust boosted its holdings in shares of Micron Technology by 0.7% in the 4th quarter. Montecito Bank & Trust now owns 5,487 shares of the semiconductor manufacturer’s stock valued at $1,566,000 after purchasing an additional 40 shares in the last quarter. Finally, M3 Advisory Group LLC boosted its holdings in shares of Micron Technology by 2.9% in the 4th quarter. M3 Advisory Group LLC now owns 1,403 shares of the semiconductor manufacturer’s stock valued at $400,000 after purchasing an additional 40 shares in the last quarter. 80.84% of the stock is owned by institutional investors.

Micron Technology News Summary

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

• Positive Sentiment: Micron celebrated the official groundbreaking for its planned New York “megafab” — a multi‑year, large‑scale investment that underpins long‑term capacity growth for AI DRAM/NAND demand and signals strong political and local support. Read More.
• Positive Sentiment: High‑profile insider buys: former TSMC co‑CEO Mark Liu purchased several million dollars of MU shares and director Teyin M. Liu disclosed a ~$3.9M purchase — management and industry veteran buying is a strong confidence signal for investors. Read More.
• Positive Sentiment: Wall Street lifted targets and coverage: Cantor Fitzgerald and others raised targets (Cantor to $450), RBC initiated with Outperform, Wells Fargo and Citi raised theirs — these notes broaden institutional demand and support higher valuations. Read More.
• Positive Sentiment: Analyst/market commentary points to strong AI data‑center demand and Micron’s HBM ramp, reinforcing revenue/margin upside expectations tied to the AI memory shortage. Read More.
• Neutral Sentiment: Media coverage highlights MU as a top semiconductor/AI pick (Zacks, Investopedia): helps attract flows, but also places MU into a crowded thematic trade that can amplify intra‑day moves. Read More.
• Neutral Sentiment: CEO and company commentary emphasize ongoing AI memory tightness — bullish for fundamentals but timing/size of revenue realization remains the key variable for investors. Read More.
• Negative Sentiment: Risk/volatility reminders: analysts and commentators note MU’s history of sharp drawdowns and the potential for profit‑taking after a massive rerating, which raises short‑term downside risk despite strong momentum. Read More.
• Negative Sentiment: Competition/rotation risk: some analysts warn other AI chip names could soak up investor flows, and thematic rotation could redirect capital away from memory names if expectations shift. Read More.

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.