Barclays Forecasts Strong Price Appreciation for Micron Technology (NASDAQ:MU) Stock

Micron Technology (NASDAQ:MU) had its price objective upped by equities researchers at Barclays from $275.00 to $450.00 in a report released on Friday. The firm currently has an “overweight” rating on the semiconductor manufacturer’s stock. Barclays‘s price objective would indicate a potential upside of 27.24% from the company’s current price.

Other analysts also recently issued reports about the company. KGI Securities upgraded shares of Micron Technology from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, September 24th. Summit Insights upgraded Micron Technology to a “strong-buy” rating in a research note on Tuesday, September 23rd. Raymond James Financial increased their target price on Micron Technology from $190.00 to $310.00 and gave the company an “outperform” rating in a research report on Thursday, December 18th. BNP Paribas raised Micron Technology from a “strong sell” rating to a “strong-buy” rating in a research note on Monday, October 13th. Finally, Mizuho raised their price objective on shares of Micron Technology from $290.00 to $390.00 and gave the company an “outperform” rating in a report on Friday, January 9th. Five investment analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of $326.66.

Micron Technology Trading Up 5.1%

NASDAQ:MU traded up $17.02 on Friday, reaching $353.65. The company’s stock had a trading volume of 25,453,770 shares, compared to its average volume of 31,252,809. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.78 and a current ratio of 2.46. The business’s 50-day moving average price is $265.40 and its two-hundred day moving average price is $190.13. Micron Technology has a 1-year low of $61.54 and a 1-year high of $365.81. The firm has a market cap of $398.04 billion, a PE ratio of 33.58, a PEG ratio of 0.21 and a beta of 1.50.

Micron Technology (NASDAQ:MU) last announced its quarterly earnings data on Wednesday, December 17th. The semiconductor manufacturer reported $4.78 EPS for the quarter, topping analysts’ consensus estimates of $3.77 by $1.01. The business had revenue of $13.64 billion for the quarter, compared to analyst estimates of $12.62 billion. Micron Technology had a net margin of 28.15% and a return on equity of 22.71%. The firm’s revenue for the quarter was up 56.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.79 earnings per share. Micron Technology has set its Q2 2026 guidance at 8.220-8.620 EPS. Equities research analysts anticipate that Micron Technology will post 6.08 earnings per share for the current fiscal year.

Insider Activity

In other Micron Technology news, EVP Scott J. Deboer sold 82,000 shares of Micron Technology stock in a transaction on Monday, October 27th. The shares were sold at an average price of $222.81, for a total value of $18,270,420.00. Following the completion of the transaction, the executive vice president owned 154,145 shares of the company’s stock, valued at approximately $34,345,047.45. The trade was a 34.72% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Teyin M. Liu acquired 11,600 shares of the stock in a transaction that occurred on Wednesday, January 14th. The stock was purchased at an average price of $337.22 per share, for a total transaction of $3,911,752.00. Following the completion of the acquisition, the director owned 25,910 shares in the company, valued at $8,737,370.20. The trade was a 81.06% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last 90 days, insiders have sold 318,800 shares of company stock valued at $72,333,387. Company insiders own 0.24% of the company’s stock.

Institutional Investors Weigh In On Micron Technology

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. boosted its stake in shares of Micron Technology by 0.7% during the 3rd quarter. Vanguard Group Inc. now owns 104,653,450 shares of the semiconductor manufacturer’s stock valued at $17,510,615,000 after buying an additional 773,788 shares during the last quarter. State Street Corp boosted its holdings in shares of Micron Technology by 0.6% in the third quarter. State Street Corp now owns 51,659,173 shares of the semiconductor manufacturer’s stock valued at $8,643,613,000 after acquiring an additional 285,582 shares in the last quarter. Geode Capital Management LLC increased its position in shares of Micron Technology by 1.2% during the 2nd quarter. Geode Capital Management LLC now owns 25,690,491 shares of the semiconductor manufacturer’s stock valued at $3,152,974,000 after purchasing an additional 314,489 shares during the period. Capital International Investors boosted its position in shares of Micron Technology by 0.7% during the 3rd quarter. Capital International Investors now owns 23,372,821 shares of the semiconductor manufacturer’s stock valued at $3,910,198,000 after purchasing an additional 155,860 shares in the last quarter. Finally, Norges Bank acquired a new stake in shares of Micron Technology during the 2nd quarter valued at $1,980,700,000. 80.84% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Micron Technology

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

• Positive Sentiment: Insider buying: former TSMC co‑CEO Mark Liu reportedly bought ~$7.8M of MU shares, a high‑profile vote of confidence that lifts investor sentiment. Mark Liu insider purchase
• Positive Sentiment: Additional director purchase: Director Teyin M. Liu acquired 11,600 shares (~$3.9M), signalling management conviction and supporting short‑term buying interest. SEC filing: Teyin Liu purchase
• Positive Sentiment: Analyst bullishness: fresh coverage and multiple price‑target raises (RBC initiation/outperform, Cantor Fitzgerald to $450, Wells Fargo to $410, Citi higher) are prompting institutional buying and rebalancing into MU. RBC coverage & price target moves
• Positive Sentiment: Fundamentals/capacity catalyst: analysts and MarketBeat note Micron’s HBM production is effectively sold out through 2026 and ramp plans (including packaging and fabs) should support revenue and margin upside as AI data‑center demand stays tight. MarketBeat: HBM ramp
• Neutral Sentiment: Megafab milestone: Micron held an official groundbreaking for its Clay, NY megafab — a long‑term constructive step for capacity and U.S. supply, but benefits will materialize over several years. GlobeNewswire: NY megafab groundbreaking
• Negative Sentiment: Rotation/competition risk: some analysts argue other AI chip names (e.g., NVIDIA) could capture more capital flows, which could reallocate money away from memory stocks and increase short‑term volatility. Zacks: competition/rotation
• Negative Sentiment: Volatility/risk reminders: commentary (Forbes, others) warns MU has a history of sharp drawdowns and that profit‑taking is possible after the rapid rerating — a caution for momentum traders. Forbes: downside risk

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.