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

Micron Technology (NASDAQ:MU) had its target price increased by analysts at Wedbush from $320.00 to $500.00 in a note issued to investors on Friday, MarketBeat Ratings reports. The firm presently has an “outperform” rating on the semiconductor manufacturer’s stock. Wedbush’s price objective points to a potential upside of 18.67% from the company’s previous close.

A number of other research firms have also issued reports on MU. Mizuho raised their target price on Micron Technology from $390.00 to $480.00 and gave the company an “outperform” rating in a report on Tuesday, January 27th. HSBC upped their price target on Micron Technology from $350.00 to $500.00 and gave the stock a “buy” rating in a report on Friday, January 23rd. Wall Street Zen upgraded shares of Micron Technology from a “buy” rating to a “strong-buy” rating in a research note on Sunday, November 23rd. Raymond James Financial boosted their target price on shares of Micron Technology from $190.00 to $310.00 and gave the stock an “outperform” rating in a research report on Thursday, December 18th. Finally, Barclays upped their target price on shares of Micron Technology from $275.00 to $450.00 and gave the company an “overweight” rating in a research note on Friday, January 16th. Six investment analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $389.41.

Micron Technology Stock Performance

Micron Technology stock traded up $15.98 on Friday, reaching $421.33. 15,309,351 shares of the stock were exchanged, compared to its average volume of 35,323,020. The company has a current ratio of 2.46, a quick ratio of 1.78 and a debt-to-equity ratio of 0.19. Micron Technology has a twelve month low of $61.54 and a twelve month high of $455.50. The firm has a fifty day moving average price of $389.13 and a two-hundred day moving average price of $269.51. The stock has a market cap of $474.21 billion, a PE ratio of 40.08 and a beta of 1.50.

Micron Technology (NASDAQ:MU) last posted 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. 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 analyst estimates of $12.62 billion. During the same period in the previous year, the company posted $1.79 earnings per share. The firm’s revenue for the quarter was up 56.7% on a year-over-year basis. Micron Technology has set its Q2 2026 guidance at 8.220-8.620 EPS. Sell-side analysts anticipate that Micron Technology will post 6.08 EPS for the current year.

Insider Activity

In other Micron Technology news, CAO Scott R. Allen sold 2,000 shares of Micron Technology stock in a transaction on Tuesday, January 6th. The shares were sold at an average price of $337.50, for a total transaction of $675,000.00. Following the sale, the chief accounting officer owned 38,237 shares in the company, valued at $12,904,987.50. The trade was a 4.97% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Sumit Sadana sold 25,000 shares of the business’s stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $429.89, for a total transaction of $10,747,250.00. Following the completion of the sale, the executive vice president directly owned 248,021 shares in the company, valued at $106,621,747.69. This trade represents a 9.16% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have acquired 23,200 shares of company stock valued at $7,821,723 and have sold 73,623 shares valued at $27,307,408. 0.24% of the stock is currently owned by corporate insiders.

Institutional Trading of Micron Technology

A number of institutional investors and hedge funds have recently added to or reduced their stakes in MU. REAP Financial Group LLC bought a new position in Micron Technology during the third quarter worth about $25,000. High Note Wealth LLC raised its holdings in shares of Micron Technology by 65.4% in the 4th quarter. High Note Wealth LLC now owns 86 shares of the semiconductor manufacturer’s stock worth $25,000 after buying an additional 34 shares in the last quarter. Barnes Dennig Private Wealth Management LLC bought a new position in shares of Micron Technology during the 3rd quarter worth approximately $27,000. Elevation Wealth Partners LLC boosted its stake in Micron Technology by 295.8% in the 4th quarter. Elevation Wealth Partners LLC now owns 95 shares of the semiconductor manufacturer’s stock valued at $27,000 after buying an additional 71 shares in the last quarter. Finally, Steigerwald Gordon & Koch Inc. grew its position in Micron Technology by 4,800.0% in the fourth quarter. Steigerwald Gordon & Koch Inc. now owns 98 shares of the semiconductor manufacturer’s stock valued at $28,000 after acquiring an additional 96 shares during the period. Institutional investors own 80.84% of the company’s stock.

More Micron Technology News

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

• Positive Sentiment: Analysts expect Micron to beat Q2 estimates as AI-driven memory demand, better pricing and new chip ramps support revenue and margins. Micron Likely to Beat Q2 Earnings Estimates: Should You Buy the Stock?
• Positive Sentiment: HBM is sold out for 2026 and Micron reports strong fiscal Q1 revenue, margins and free cash flow—supporting the view that AI demand will keep pricing and profitability elevated. Micron’s Next Chapter Starts After Q2
• Positive Sentiment: Multiple analyst upgrades and higher price targets (including reports of Wolfe Research setting a $500 target and Susquehanna lifting its target) are fueling buying interest and sentiment. Micron (MU) Stock Surges as Wolfe Research Sets $500 Price Target on AI Memory Boom
• Neutral Sentiment: Third-party suppliers in the memory ecosystem (e.g., Aehr Test Systems) are winning AI-related orders — a potential indirect positive for Micron if NAND wafer testing demand expands, but impact on Micron revenue is uncertain. AEHR Keeps Winning: Up +100% With Memory Chip Deal Potential (MU)
• Neutral Sentiment: Market-interest writeups and crowd-wisdom pieces highlight MU’s strong YTD gains (~40%+ in recent weeks) and ownership dynamics ahead of earnings — useful context but not an immediate fundamental change. Micron Stock (MU) Gains 42% YTD — What Crowd Wisdom Signals Ahead of Q2 Earnings
• Negative Sentiment: Short-term profit-taking and headline-driven volatility have pushed MU lower in intraday sessions recently; a note highlights a steeper-than-market pullback on March 12. Traders should expect volatility around the recent 52-week high. Micron (MU) Falls More Steeply Than Broader Market: What Investors Need to Know
• Negative Sentiment: Despite strong fundamentals, some articles flag high short-term valuation and the risk of pullbacks after a large multi-quarter rally — a reminder that upside depends on continued AI demand and execution. Why Micron Stock Is Sinking Today

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.