Micron Technology (NASDAQ:MU) Trading Down 2.6% – Here’s What Happened

Micron Technology, Inc. (NASDAQ:MU) dropped 2.6% on Monday . The stock traded as low as $384.30 and last traded at $389.09. Approximately 28,732,869 shares traded hands during mid-day trading, a decline of 20% from the average daily volume of 36,046,984 shares. The stock had previously closed at $399.65.

Trending Headlines about Micron Technology

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

• Positive Sentiment: AI-driven demand and tight HBM supply remain a powerful tailwind: multiple reports say Micron’s high-bandwidth memory (HBM) demand is accelerating and that the company’s HBM capacity is largely booked through 2026, supporting revenue and margin upside. Read More.
• Positive Sentiment: Recent six-day winning streak and heavy analyst/market enthusiasm have materially increased Micron’s market cap and investor attention — momentum that can keep the stock supported even after short pulls. Read More.
• Neutral Sentiment: Wall Street and retail outlets continue to publish bullish write-ups and buy/sell guidance; this elevated coverage drives trading volume and volatility but is mixed for price direction depending on flows. Read More.
• Neutral Sentiment: Several long-form investor pieces highlight attractive valuation and multi-year upside scenarios; these narratives buoy investor sentiment but are forward-looking and hinge on sustained AI demand. Read More.
• Negative Sentiment: Competitive risk: reports that Samsung will begin supplying NVIDIA with next‑generation HBM4 as soon as February introduce the possibility that Micron will face renewed competition for AI memory contracts — a direct headwind to exclusivity narratives. Read More.
• Negative Sentiment: Short-term profit-taking after a six-session rally pushed the stock down intraday as traders locked gains; that selling pressure, combined with the Samsung/NVIDIA headlines, explains today’s pullback. Read More.

Wall Street Analysts Forecast Growth

MU has been the subject of several research reports. HSBC lifted their price target on Micron Technology from $350.00 to $500.00 and gave the stock a “buy” rating in a research note on Friday. Cantor Fitzgerald lifted their target price on shares of Micron Technology from $350.00 to $450.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 14th. Mizuho increased their price target on shares of Micron Technology from $290.00 to $390.00 and gave the company an “outperform” rating in a research report on Friday, January 9th. JPMorgan Chase & Co. lifted their price objective on Micron Technology from $220.00 to $350.00 and gave the stock an “overweight” rating in a research report on Thursday, December 18th. Finally, The Goldman Sachs Group upped their target price on Micron Technology from $205.00 to $235.00 and gave the company a “neutral” rating in a research note on Thursday, December 18th. Four analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, Micron Technology has an average rating of “Buy” and a consensus price target of $346.66.

Micron Technology Trading Down 2.6%

The company has a current ratio of 2.46, a quick ratio of 1.78 and a debt-to-equity ratio of 0.19. The stock has a market capitalization of $437.92 billion, a price-to-earnings ratio of 36.99 and a beta of 1.50. The business has a 50 day simple moving average of $281.71 and a 200-day simple moving average of $201.97.

Micron Technology (NASDAQ:MU) last announced its quarterly earnings data on Wednesday, December 17th. The semiconductor manufacturer reported $4.78 earnings per share for the quarter, topping the consensus estimate of $3.77 by $1.01. Micron Technology had a net margin of 28.15% and a return on equity of 22.71%. The business had revenue of $13.64 billion for the quarter, compared to analyst estimates of $12.62 billion. During the same period in the prior year, the firm posted $1.79 EPS. 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. On average, equities analysts predict that Micron Technology, Inc. will post 6.08 earnings per share for the current year.

Micron Technology Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 14th. Investors of record on Monday, December 29th were given 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%.

Insider Activity

In other news, EVP April S. Arnzen sold 15,000 shares of the firm’s stock in a transaction dated Monday, December 22nd. The stock was sold at an average price of $277.09, for a total value of $4,156,350.00. Following the transaction, the executive vice president directly owned 165,618 shares in the company, valued at $45,891,091.62. This trade represents a 8.30% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Steven J. Gomo sold 5,000 shares of the business’s stock in a transaction dated Friday, December 19th. The stock was sold at an average price of $263.63, for a total value of $1,318,150.00. Following the sale, the director owned 19,139 shares of the company’s stock, valued at $5,045,614.57. The trade was a 20.71% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 183,000 shares of company stock valued at $42,656,288 in the last 90 days. 0.24% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Micron Technology

Large investors have recently added to or reduced their stakes in the company. REAP Financial Group LLC acquired a new stake in shares of Micron Technology during the third quarter valued at about $25,000. First Command Advisory Services Inc. boosted its holdings in Micron Technology by 225.0% in the second 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 during the last quarter. Barnes Dennig Private Wealth Management LLC acquired a new stake in Micron Technology during the 3rd quarter valued at approximately $27,000. Elevation Wealth Partners LLC increased its holdings in Micron Technology by 295.8% during the 4th quarter. Elevation Wealth Partners LLC now owns 95 shares of the semiconductor manufacturer’s stock worth $27,000 after purchasing an additional 71 shares during the last quarter. Finally, Steigerwald Gordon & Koch Inc. increased its holdings in Micron Technology by 4,800.0% during the 4th quarter. Steigerwald Gordon & Koch Inc. now owns 98 shares of the semiconductor manufacturer’s stock worth $28,000 after purchasing an additional 96 shares during the last quarter. 80.84% of the stock is owned by institutional investors and hedge funds.

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.