Micron Technology (NASDAQ:MU) Reaches New 1-Year High on Analyst Upgrade

Micron Technology, Inc. (NASDAQ:MU)’s stock price reached a new 52-week high on Tuesday after Mizuho raised their price target on the stock from $390.00 to $480.00. Mizuho currently has an outperform rating on the stock. Micron Technology traded as high as $415.11 and last traded at $414.8810, with a volume of 22527724 shares changing hands. The stock had previously closed at $389.09.

Several other research firms have also recently weighed in on MU. Stifel Nicolaus increased their price objective on Micron Technology from $300.00 to $360.00 and gave the company a “buy” rating in a research report on Tuesday, January 20th. Citigroup boosted their price objective on shares of Micron Technology from $330.00 to $385.00 and gave the stock a “buy” rating in a report on Thursday, January 15th. Wedbush set a $320.00 price target on shares of Micron Technology in a research note on Thursday, December 18th. Needham & Company LLC increased their price objective on Micron Technology from $200.00 to $300.00 and gave the company a “buy” rating in a research note on Tuesday, December 16th. Finally, Weiss Ratings raised Micron Technology from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Saturday, November 1st. Four research analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of $349.76.

Insider Buying and Selling

In other Micron Technology news, EVP Manish H. Bhatia sold 26,623 shares of the company’s stock in a transaction that occurred on Thursday, January 22nd. The stock was sold at an average price of $391.04, for a total value of $10,410,657.92. Following the completion of the transaction, the executive vice president owned 323,486 shares in the company, valued at $126,495,965.44. This represents a 7.60% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Teyin M. Liu acquired 11,600 shares of the stock in a transaction on Wednesday, January 14th. The stock was purchased at an average cost of $337.22 per share, with a total value of $3,911,752.00. Following the transaction, the director directly owned 25,910 shares of the company’s stock, valued at $8,737,370.20. This represents a 81.06% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders have sold 209,623 shares of company stock valued at $53,066,945 in the last three months. 0.24% of the stock is owned by insiders.

Key Micron Technology News

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

• Positive Sentiment: Micron broke ground on a new advanced wafer fabrication facility in Singapore — a planned ~US$24 billion investment over 10 years to add NAND wafer capacity, co‑locate R&D, and start wafer output in late‑2028; management says it will manage ramp timing to avoid flooding the market. Read More.
• Positive Sentiment: Analyst upward moves: Mizuho raised its price target to $480 with an “outperform” call, and other firms have increased targets/coverage recently — supporting bullish flows and reinforcing the growth narrative. Read More.
• Positive Sentiment: AI-driven HBM/NAND demand and tight supply continue to underpin margins and bookings — several investor notes and boutique‑fund letters highlight sustained pricing power and large HBM bookings into 2026. Read More.
• Neutral Sentiment: Short‑term profit‑taking is possible after a multi‑day rally; some write‑ups describe today’s pullback as profit‑taking rather than a change in fundamentals. Monitor volume and follow‑on analyst notes. Read More.
• Neutral Sentiment: Broker and media coverage can move intraday flows — watch for more upgrades/target changes that may amplify momentum or trigger short‑term reversals. Read More.
• Negative Sentiment: Competitive headwind: reports that Samsung will supply Nvidia with next‑gen HBM4 as early as February could ease HBM tightness and pressure Micron’s near‑term pricing/share gains. Read More.
• Negative Sentiment: Insider activity mixed: a Micron director recently bought ~23,200 shares (bullish signal), but EVP Manish Bhatia sold ~26,623 shares (~$10.4M)—some investors may view the sale as caution or simple liquidity. Read More.
• Negative Sentiment: Scale & timing risk: commentators note the $24B capex helps long‑term positioning but raises execution, funding and potential oversupply risks if demand normalizes — a factor to watch as the fab ramp timing (first wafer output ~H2 2028) is distant. Read More.

Hedge Funds Weigh In On Micron Technology

Several institutional investors have recently modified their holdings of the company. Omnia Family Wealth LLC lifted its position in shares of Micron Technology by 2.1% in the 4th quarter. Omnia Family Wealth LLC now owns 1,464 shares of the semiconductor manufacturer’s stock valued at $418,000 after acquiring an additional 30 shares in the last quarter. Capital Advisors Ltd. LLC grew its holdings in shares of Micron Technology by 16.7% during the fourth quarter. Capital Advisors Ltd. LLC now owns 224 shares of the semiconductor manufacturer’s stock valued at $64,000 after buying an additional 32 shares in the last quarter. Sunflower Bank N.A. lifted its stake in Micron Technology by 2.1% in the 4th quarter. Sunflower Bank N.A. now owns 1,668 shares of the semiconductor manufacturer’s stock worth $476,000 after acquiring an additional 34 shares in the last quarter. 1900 Wealth Management LLC grew its stake in Micron Technology by 2.1% during the 4th quarter. 1900 Wealth Management LLC now owns 1,698 shares of the semiconductor manufacturer’s stock valued at $485,000 after acquiring an additional 35 shares in the last quarter. Finally, Rialto Wealth Management LLC increased its holdings in shares of Micron Technology by 3.5% in the 4th quarter. Rialto Wealth Management LLC now owns 1,061 shares of the semiconductor manufacturer’s stock valued at $303,000 after purchasing an additional 36 shares during the period. Institutional investors own 80.84% of the company’s stock.

Micron Technology Trading Up 6.9%

The company has a fifty day moving average of $284.66 and a 200-day moving average of $203.84. 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 firm has a market capitalization of $468.01 billion, a PE ratio of 39.44 and a beta of 1.50.

Micron Technology (NASDAQ:MU) last issued its quarterly earnings data on Wednesday, December 17th. The semiconductor manufacturer reported $4.78 earnings per share for the quarter, beating 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 business had revenue of $13.64 billion for the quarter, compared to the consensus estimate of $12.62 billion. During the same period last year, the business earned $1.79 EPS. The firm’s revenue 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. On average, sell-side analysts anticipate that Micron Technology, Inc. will post 6.08 earnings per share for the current fiscal year.

Micron Technology Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 14th. Stockholders 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 of this dividend was Monday, December 29th. Micron Technology’s dividend payout ratio (DPR) is 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.