Micron Technology, Inc. (NASDAQ:MU) Receives $242.79 Average PT from Brokerages

Shares of Micron Technology, Inc. (NASDAQ:MU) have been assigned an average recommendation of “Buy” from the thirty-seven brokerages that are currently covering the stock, MarketBeat reports. Three investment analysts have rated the stock with a hold rating, twenty-nine have issued a buy rating and five have assigned a strong buy rating to the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $282.6071.

A number of research firms have commented on MU. Needham & Company LLC boosted their price target on shares of Micron Technology from $200.00 to $300.00 and gave the stock a “buy” rating in a research note on Tuesday. Raymond James Financial lifted their price objective on shares of Micron Technology from $190.00 to $310.00 and gave the stock an “outperform” rating in a report on Thursday. Wall Street Zen raised Micron Technology from a “buy” rating to a “strong-buy” rating in a research note on Sunday, November 23rd. UBS Group reaffirmed an “overweight” rating on shares of Micron Technology in a research note on Thursday. Finally, Weiss Ratings upgraded Micron Technology from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Saturday, November 1st.

Micron Technology Price Performance

Shares of NASDAQ MU opened at $265.92 on Wednesday. The stock’s 50-day simple moving average is $228.36 and its two-hundred day simple moving average is $164.59. Micron Technology has a twelve month low of $61.54 and a twelve month high of $268.38. The firm has a market capitalization of $298.93 billion, a P/E ratio of 25.28, a P/E/G ratio of 0.37 and a beta of 1.54. The company has a quick ratio of 1.79, a current ratio of 2.46 and a debt-to-equity ratio of 0.19.

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

Micron Technology Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 14th. Shareholders of record on Monday, December 29th will be given a dividend of $0.115 per share. This represents a $0.46 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date is Monday, December 29th. Micron Technology’s dividend payout ratio (DPR) is presently 6.06%.

Insider Buying and Selling at Micron Technology

In other news, CFO Mark J. Murphy sold 126,000 shares of the business’s stock in a transaction that occurred on Thursday, October 30th. The shares were sold at an average price of $225.31, for a total value of $28,389,060.00. Following the completion of the sale, the chief financial officer directly owned 219,693 shares in the company, valued at approximately $49,499,029.83. The trade was a 36.45% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Sanjay Mehrotra sold 22,500 shares of the stock in a transaction on Monday, October 27th. The shares were sold at an average price of $220.72, for a total transaction of $4,966,200.00. Following the transaction, the chief executive officer directly owned 446,578 shares in the company, valued at approximately $98,568,696.16. This represents a 4.80% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 369,852 shares of company stock valued at $79,364,303. 0.24% of the stock is owned by insiders.

Institutional Investors Weigh In On Micron Technology

A number of hedge funds and other institutional investors have recently modified their holdings of MU. AIA Group Ltd grew its position in Micron Technology by 82.9% during the 3rd quarter. AIA Group Ltd now owns 113,646 shares of the semiconductor manufacturer’s stock worth $19,015,000 after acquiring an additional 51,494 shares during the last quarter. Painted Porch Advisors LLC purchased a new stake in shares of Micron Technology during the third quarter valued at approximately $77,000. Strategic Investment Solutions Inc. IL grew its holdings in shares of Micron Technology by 77.3% in the third quarter. Strategic Investment Solutions Inc. IL now owns 484 shares of the semiconductor manufacturer’s stock worth $81,000 after purchasing an additional 211 shares during the last quarter. Severin Investments LLC purchased a new position in shares of Micron Technology in the third quarter worth $475,000. Finally, Allworth Financial LP raised its holdings in Micron Technology by 19.9% during the 3rd quarter. Allworth Financial LP now owns 31,079 shares of the semiconductor manufacturer’s stock valued at $5,200,000 after buying an additional 5,155 shares during the last quarter. Institutional investors own 80.84% of the company’s stock.

Trending Headlines about Micron Technology

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

• Positive Sentiment: Blowout Q1 results and blowout guidance — revenue and EPS beat estimates and management issued guidance well above consensus, implying materially stronger 2026 growth and margins, which is the primary driver of the rally. Micron’s Q1 Results Say “AI Bubble Is Far From Bursting”
• Positive Sentiment: “Sold‑out” HBM and runaway AI memory demand — management said HBM capacity is tight and orders are sold out, supporting a large addressable market for AI accelerators and pricing/margin upside. Micron stock pops 14% as AI memory demand soars: ‘We are more than sold out’
• Positive Sentiment: Analyst upgrades and price‑target increases — multiple firms raised ratings and targets after the print (JPMorgan, UBS, Wolfe, Citigroup and others), which amplifies buy-side momentum and raises consensus expectations. Micron Stock Jumps On ‘Stunning’ Quarterly Results, Guidance
• Positive Sentiment: Sector/ETF spillover — cooler inflation and the earnings surprise helped tech/AI ETFs rally, drawing incremental flows into names with large AI exposure like MU. Inflation Cools, Micron Shines: Tech ETFs Catch Tailwind
• Neutral Sentiment: Dividend declaration adds a small yield and signals confidence, but it is modest relative to market moves and not the main catalyst.
• Negative Sentiment: Large insider selling noted in public data — many recent sales by senior executives could be read as liquidity-taking and may add pressure or caution for some investors. Micron Technology Stock (MU) Opinions on Recent Earnings Beat
• Negative Sentiment: Valuation and sustainability questions — some analysts and outlets warn the beat may have baked in aggressive assumptions about how long supply tightness and pricing persist; that raises the risk of sharp swings if demand or pricing normalizes. Micron’s Blowout Results Are Bad News for Anyone Buying a New Phone or PC Next Year

About Micron Technology

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.