Micron Technology (NASDAQ:MU) Stock Price Up 10.5% on Analyst Upgrade

Micron Technology, Inc. (NASDAQ:MU) shot up 10.5% during trading on Friday after Sanford C. Bernstein raised their price target on the stock from $270.00 to $330.00. Sanford C. Bernstein currently has an outperform rating on the stock. Micron Technology traded as high as $315.60 and last traded at $315.42. 41,928,401 shares changed hands during trading, an increase of 60% from the average session volume of 26,190,586 shares. The stock had previously closed at $285.41.

MU has been the subject of several other research reports. Piper Sandler boosted their price objective on Micron Technology from $200.00 to $275.00 and gave the stock an “overweight” rating in a research note on Thursday, December 18th. Bank of America raised Micron Technology from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $250.00 to $300.00 in a research report on Thursday, December 18th. New Street Research reaffirmed a “neutral” rating on shares of Micron Technology in a research report on Tuesday, October 14th. Weiss Ratings upgraded shares of Micron Technology from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Saturday, November 1st. Finally, Wolfe Research upped their target price on shares of Micron Technology from $300.00 to $350.00 and gave the company an “outperform” rating in a research note on Thursday, December 18th. Five investment analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Buy” and an average price target of $284.24.

Insider Buying and Selling at Micron Technology

In other Micron Technology news, CFO Mark J. Murphy sold 126,000 shares of the company’s stock in a transaction that occurred on Thursday, October 30th. The stock was sold at an average price of $225.31, for a total transaction of $28,389,060.00. Following the completion of the transaction, the chief financial officer owned 219,693 shares of the company’s stock, valued at $49,499,029.83. This represents a 36.45% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Steven J. Gomo sold 5,000 shares of the firm’s stock in a transaction that occurred on Friday, December 19th. The stock was sold at an average price of $263.63, for a total transaction of $1,318,150.00. Following the transaction, the director directly owned 19,139 shares of the company’s stock, valued at $5,045,614.57. This represents a 20.71% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 349,163 shares of company stock valued at $77,822,318 over the last quarter. 0.24% of the stock is owned by corporate insiders.

Key Micron Technology News

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

• Positive Sentiment: Wall Street / media narratives highlight a re-rating tied to AI demand and supply scarcity — analysts and journalists say Micron now has pricing power and margin expansion potential, which is a primary driver of the rally. Micron stock skyrockets nearly 10%: what’s driving AI memory re-rating
• Positive Sentiment: Analyst upgrade / price-target lift: Sanford C. Bernstein raised its price target to $330 with an outperform rating, reinforcing buy-side momentum and giving investors a higher nearby valuation anchor. Micron Technology (MU) PT Raised to $330 at Bernstein
• Positive Sentiment: Confirmed leadership in the memory supercycle: end‑of‑year wrapups and sector reports list Micron among the biggest 2025 winners (HBM shortages and hyperscaler demand), supporting continued momentum and analyst bullishness. The 3 Stocks That Crushed the S&P 500 in 2025
• Positive Sentiment: Large bullish flows / unusual market activity — data and reports point to rare “big money” inflows and notable options activity, which amplifies short-term upside as speculators and institutions add exposure. See How Micron Shares Rise on Rare Bullish Inflows Micron Technology Unusual Options Activity
• Neutral Sentiment: Market thematic tailwinds (January effect / AI rotation) are lifting multiple AI‑exposed names — Micron benefits from the theme, but gains may be linked to broader sector flows rather than idiosyncratic news alone. 3 AI Stocks Poised to Surge on the January Effect
• Neutral Sentiment: Media pieces and screeners are flagging MU as a thematic pick or “undervalued” AI play — helpful for flows but not a guarantee of sustained outperformance absent execution and macro support. Find the Next NVIDIA With This Semiconductor ETF (MU)
• Negative Sentiment: Some analysts and notes warn on timing and valuation risks — at least one downgrade/critical take argues the rally could be vulnerable to a reset if supply/demand dynamics or macro factors shift. That creates downside risk for traders buying at elevated levels. Micron – Timing Might Be Everything (Ratings Downgrade)
• Negative Sentiment: Short-term liquidity caveat: some holiday‑period reports noted thinner volumes and occasional holiday/slippage dynamics that can exaggerate moves and increase volatility. Micron (MU) Stock; Slips on Thin Holiday Volume as AI Memory Tailwinds Dominate Outlook

Institutional Trading of Micron Technology

Institutional investors and hedge funds have recently bought and sold shares of the business. REAP Financial Group LLC acquired a new stake in shares of Micron Technology during the 3rd quarter worth approximately $25,000. First Command Advisory Services Inc. boosted its holdings in shares of Micron Technology by 225.0% in the 2nd quarter. First Command Advisory Services Inc. now owns 221 shares of the semiconductor manufacturer’s stock valued at $27,000 after purchasing an additional 153 shares in the last quarter. Barnes Dennig Private Wealth Management LLC bought a new position in shares of Micron Technology in the 3rd quarter valued at $27,000. Howard Hughes Medical Institute acquired a new position in shares of Micron Technology during the 2nd quarter worth $30,000. Finally, AlphaQuest LLC boosted its stake in Micron Technology by 13,250.0% in the second quarter. AlphaQuest LLC now owns 267 shares of the semiconductor manufacturer’s stock valued at $33,000 after buying an additional 265 shares in the last quarter. Institutional investors own 80.84% of the company’s stock.

Micron Technology Stock Up 10.5%

The company has a quick ratio of 1.78, a current ratio of 2.46 and a debt-to-equity ratio of 0.19. The firm has a market capitalization of $354.86 billion, a price-to-earnings ratio of 29.97, a price-to-earnings-growth ratio of 0.18 and a beta of 1.54. The firm has a 50 day moving average of $243.94 and a two-hundred day moving average of $175.54.

Micron Technology (NASDAQ:MU) last posted 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 net margin of 28.15% and a return on equity of 22.71%. The firm had revenue of $13.64 billion for the quarter, compared to analysts’ expectations of $12.62 billion. During the same quarter in the previous year, the firm posted $1.79 earnings per share. The company’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, sell-side analysts anticipate that Micron Technology, Inc. will post 6.08 EPS for the current fiscal year.

Micron Technology Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 14th. Shareholders of record on Monday, December 29th will be issued a dividend of $0.115 per share. The ex-dividend date is Monday, December 29th. This represents a $0.46 annualized dividend and a yield of 0.1%. Micron Technology’s dividend payout ratio (DPR) is presently 4.37%.

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.