Micron Technology (NASDAQ:MU) Stock Price Expected to Rise, Cantor Fitzgerald Analyst Says

Micron Technology (NASDAQ:MU) had its price target hoisted by stock analysts at Cantor Fitzgerald from $350.00 to $450.00 in a report issued on Wednesday,Benzinga reports. The brokerage presently has an “overweight” rating on the semiconductor manufacturer’s stock. Cantor Fitzgerald’s price target would suggest a potential upside of 33.83% from the company’s current price.

Several other research analysts have also issued reports on MU. Rosenblatt Securities reiterated a “buy” rating and issued a $300.00 price target on shares of Micron Technology in a research note on Monday, December 15th. Sanford C. Bernstein raised their target price on shares of Micron Technology from $270.00 to $330.00 and gave the company an “outperform” rating in a research note on Friday, January 2nd. Bank of America lifted their target price on shares of Micron Technology from $300.00 to $400.00 and gave the company a “buy” rating in a report on Tuesday. Morgan Stanley upped their price target on Micron Technology from $338.00 to $350.00 and gave the stock an “overweight” rating in a research note on Thursday, December 18th. Finally, Itau BBA Securities reaffirmed an “outperform” rating on shares of Micron Technology in a research report on Thursday, December 18th. Five 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’s stock. According to data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of $305.79.

Micron Technology Trading Down 0.6%

NASDAQ:MU traded down $1.90 during trading hours on Wednesday, hitting $336.24. The company had a trading volume of 5,324,063 shares, compared to its average volume of 30,792,955. 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 stock has a 50-day moving average price of $261.52 and a 200 day moving average price of $188.09. The company has a market capitalization of $378.44 billion, a PE ratio of 31.99, a price-to-earnings-growth ratio of 0.22 and a beta of 1.50. Micron Technology has a 52 week low of $61.54 and a 52 week high of $351.23.

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. The firm had revenue of $13.64 billion for 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 business’s revenue for the quarter was up 56.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.79 EPS. Micron Technology has set its Q2 2026 guidance at 8.220-8.620 EPS. On average, equities research analysts predict that Micron Technology will post 6.08 EPS for the current fiscal year.

Insiders Place Their Bets

In other Micron Technology news, CEO Sanjay Mehrotra sold 3,743 shares of the stock in a transaction dated Friday, November 7th. The stock was sold at an average price of $233.39, for a total value of $873,578.77. Following the transaction, the chief executive officer owned 396,578 shares of the company’s stock, valued at approximately $92,557,339.42. This represents a 0.93% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Mark J. Murphy sold 126,000 shares of the business’s stock in a transaction dated 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 sale, the chief financial officer owned 219,693 shares of the company’s stock, valued at approximately $49,499,029.83. This represents a 36.45% 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 worth $72,333,387 in the last 90 days. Insiders own 0.24% of the company’s stock.

Institutional Trading of Micron Technology

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Generali Investments CEE investicni spolecnost a.s. purchased a new position in shares of Micron Technology during the 4th quarter worth $80,000. Pallas Capital Advisors LLC raised its stake in shares of Micron Technology by 12.1% in the fourth quarter. Pallas Capital Advisors LLC now owns 9,191 shares of the semiconductor manufacturer’s stock worth $2,623,000 after buying an additional 991 shares during the period. Petros Family Wealth LLC purchased a new position in shares of Micron Technology during the 4th quarter valued at about $267,000. Wolff Wiese Magana LLC grew its stake in shares of Micron Technology by 451.6% during the 4th quarter. Wolff Wiese Magana LLC now owns 11,876 shares of the semiconductor manufacturer’s stock valued at $3,390,000 after acquiring an additional 9,723 shares during the period. Finally, EdgeRock Capital LLC purchased a new stake in Micron Technology in the 4th quarter worth approximately $391,000. 80.84% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Micron Technology

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

• Positive Sentiment: Multiple broker upgrades and higher price targets lift sentiment — KeyCorp raised its PT to $450 (overweight), Bank of America to $400 (buy), and Mizuho to $390, all reflecting stronger AI/HBM demand and material upside vs. the current price. Benzinga: Analyst Price Target Raises
• Positive Sentiment: Zacks added MU to its Rank #1 (Strong Buy) growth list — a short‑term positive for momentum investors and fund flows. Zacks: Best Growth Stocks to Buy for Jan. 14
• Positive Sentiment: MarketBeat / coverage notes that HBM (high‑bandwidth memory) remains sold out through 2026, with Micron ramping packaging/fab expansions (Singapore, Boise, Clay NY) that should support revenue and pricing into 2026–27. This underpins the bullish analyst revisions. MarketBeat: Micron—Accelerating HBM Ramp Extends Growth Into 2027
• Neutral Sentiment: Reports say analysts are adjusting valuation forecasts — the direction and magnitude vary by shop, so this is driving headline activity but not a single consensus shift. Globe and Mail: Analysts Adjust Valuation Forecasts
• Neutral Sentiment: Coverage noting a new 1‑year high after an analyst upgrade highlights momentum; useful signal for trend followers but not a fresh fundamental catalyst. AmericanBankingNews: MU Reaches New 1‑Year High
• Negative Sentiment: Investor profit‑taking and at least one downgrade/ratings caution are appearing after rapid rerating — some holders are locking gains, which can pressure price even amid strong fundamentals. Seeking Alpha: Why I’m Taking Profits After A Rapid Rerating
• Negative Sentiment: Analyst and independent pieces call out three key long‑term risks: cyclical valuation, potential memory oversupply and margin peaks (2026–27). Samsung and other competitors (HBM4 advances) could accelerate oversupply and price pressure. Seeking Alpha: Three Significant Risks
• Negative Sentiment: SK Hynix plans a ~$13B memory plant — a material competitor capacity investment that could amplify future supply risk for HBM and weigh on pricing/margins. Barron’s: SK Hynix Plans $13 Billion Memory‑Chip Plant
• Negative Sentiment: Short interest rose in December (to ~2.7% of float), indicating some bearish bets that can add volatility and amplify downside on negative news or profit‑taking.

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.