Micron Technology (NASDAQ: MU) has recently received a number of price target changes and ratings updates:
- 5/19/2026 – Micron Technology had its price target raised by Citigroup Inc. from $425.00 to $840.00. They now have a “buy” rating on the stock.
- 5/19/2026 – Micron Technology had its price target raised by Mizuho to $800.00. They now have an “outperform” rating on the stock.
- 5/12/2026 – Micron Technology had its “buy (b)” rating reaffirmed by Weiss Ratings.
- 5/11/2026 – Micron Technology is now covered by DA Davidson. They set a “buy” rating and a $1,000.00 price target on the stock.
- 4/28/2026 – Micron Technology had its price target raised by TD Cowen from $550.00 to $660.00. They now have a “buy” rating on the stock.
- 4/28/2026 – Micron Technology is now covered by DA Davidson. They set a “buy” rating on the stock.
- 4/27/2026 – Micron Technology is now covered by Melius Research. They set a “buy” rating and a $700.00 price target on the stock.
- 4/8/2026 – Micron Technology had its price target raised by UBS Group AG from $510.00 to $535.00. They now have a “buy” rating on the stock.
- 4/2/2026 – Micron Technology was downgraded by Erste Group Bank AG from “buy” to “hold”.
- 3/31/2026 – Micron Technology had its price target lowered by Citigroup Inc. from $510.00 to $425.00. They now have a “buy” rating on the stock.
Micron Technology Increases Dividend
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Monday, March 30th were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend was Monday, March 30th. This is an increase from Micron Technology’s previous quarterly dividend of $0.12. Micron Technology’s dividend payout ratio (DPR) is 2.83%.
Insider Transactions at Micron Technology
In related news, EVP April S. Arnzen sold 40,000 shares of the firm’s stock in a transaction that occurred on Wednesday, April 1st. The stock was sold at an average price of $347.39, for a total value of $13,895,600.00. Following the completion of the transaction, the executive vice president directly owned 125,737 shares of the company’s stock, valued at $43,679,776.43. This trade represents a 24.13% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Steven J. Gomo sold 2,000 shares of the firm’s stock in a transaction on Monday, May 11th. The stock was sold at an average price of $787.03, for a total value of $1,574,060.00. Following the transaction, the director directly owned 17,139 shares of the company’s stock, valued at $13,488,907.17. The trade was a 10.45% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 106,000 shares of company stock valued at $47,032,460. Company insiders own 0.24% of the company’s stock.
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.
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