Micron Technology (NASDAQ:MU) Price Target Raised to $535.00

Micron Technology (NASDAQ:MU) had its price objective lifted by research analysts at UBS Group from $510.00 to $535.00 in a report issued on Wednesday,Benzinga reports. The firm presently has a “buy” rating on the semiconductor manufacturer’s stock. UBS Group’s price target would indicate a potential upside of 31.84% from the stock’s previous close.

Other research analysts have also recently issued research reports about the company. Wedbush raised their target price on Micron Technology from $320.00 to $500.00 and gave the company an “outperform” rating in a research note on Friday, March 13th. Bank of America raised their target price on Micron Technology from $400.00 to $500.00 and gave the company a “buy” rating in a research note on Thursday, March 19th. Sanford C. Bernstein raised their target price on Micron Technology from $330.00 to $510.00 and gave the company an “outperform” rating in a research note on Wednesday, March 18th. Stifel Nicolaus raised their target price on Micron Technology from $360.00 to $550.00 and gave the company a “buy” rating in a research note on Monday, March 2nd. Finally, TD Cowen raised their target price on Micron Technology from $450.00 to $500.00 and gave the company a “buy” rating in a research note on Monday, March 16th. Five research analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Buy” and an average price target of $464.61.

Micron Technology Stock Performance

Shares of MU traded up $28.22 during trading hours on Wednesday, reaching $405.80. 42,547,213 shares of the company’s stock traded hands, compared to its average volume of 40,815,848. The business’s fifty day simple moving average is $402.23 and its two-hundred day simple moving average is $303.88. Micron Technology has a twelve month low of $63.70 and a twelve month high of $471.34. The firm has a market capitalization of $457.63 billion, a price-to-earnings ratio of 19.17 and a beta of 1.60. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.90 and a quick ratio of 2.32.

Insider Buying and Selling

In related news, EVP Manish H. Bhatia sold 26,623 shares of the stock in a transaction on Thursday, January 22nd. The stock was sold at an average price of $391.04, for a total value of $10,410,657.92. Following the completion of the transaction, the executive vice president owned 323,486 shares in the company, valued at $126,495,965.44. This trade represents a 7.60% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Teyin M. Liu purchased 11,600 shares of the firm’s stock in a transaction that occurred on Tuesday, January 13th. The stock was bought at an average price of $337.07 per share, with a total value of $3,910,012.00. Following the transaction, the director directly owned 14,310 shares in the company, valued at $4,823,471.70. This trade represents a 428.04% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Over the last quarter, insiders have acquired 23,200 shares of company stock worth $7,821,723 and have sold 91,623 shares worth $35,053,508. 0.24% of the stock is owned by company insiders.

Hedge Funds Weigh In On Micron Technology

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Manning & Napier Advisors LLC boosted its position in shares of Micron Technology by 2.4% in the 4th quarter. Manning & Napier Advisors LLC now owns 1,030 shares of the semiconductor manufacturer’s stock valued at $301,000 after purchasing an additional 24 shares during the period. SWAN Capital LLC lifted its stake in Micron Technology by 9.7% in the 4th quarter. SWAN Capital LLC now owns 271 shares of the semiconductor manufacturer’s stock worth $77,000 after acquiring an additional 24 shares in the last quarter. Vivaldi Capital Management LP lifted its stake in Micron Technology by 1.2% in the 4th quarter. Vivaldi Capital Management LP now owns 1,964 shares of the semiconductor manufacturer’s stock worth $561,000 after acquiring an additional 24 shares in the last quarter. Round Rock Advisors LLC lifted its stake in Micron Technology by 0.6% in the 4th quarter. Round Rock Advisors LLC now owns 4,333 shares of the semiconductor manufacturer’s stock worth $1,237,000 after acquiring an additional 25 shares in the last quarter. Finally, Arlington Trust Co LLC lifted its stake in Micron Technology by 26.3% in the 4th quarter. Arlington Trust Co LLC now owns 120 shares of the semiconductor manufacturer’s stock worth $34,000 after acquiring an additional 25 shares in the last quarter. Institutional investors and hedge funds own 80.84% of the company’s stock.

Trending Headlines about Micron Technology

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

• Positive Sentiment: UBS raised its price target on MU and reiterated a Buy, fueling buying interest and headline-driven momentum. Analyst sets Micron stock price target
• Positive Sentiment: High-profile analysts (KeyBanc / John Vinh) remain bullish with very high price targets (one named $600), reinforcing a strong buy narrative among growth and AI-focused investors. 5-star analyst makes a bold call on micron stock
• Positive Sentiment: DRAM and HBM pricing has turned sharply stronger (tight supply for AI memory), boosting revenue/margin outlooks for Micron and lifting sentiment across the memory complex. Why Is Micron Technology Stock Gaining Wednesday?
• Positive Sentiment: Micron is expanding capacity in Taiwan via the P5 site acquisition and new cleanroom projects to capture long-term AI memory demand — a strategic move that supports revenue growth expectations. Micron Expands Taiwan DRAM Footprint To Capture Long Term AI Demand
• Positive Sentiment: Market technicals and flow: institutional buying has spiked (MarketBeat notes heavy accumulation and a “bottom” signal), which amplifies rallies when analyst sentiment turns favorable. The Bottom Is in for Micron Stock: 3 Signals to Buy Now
• Neutral Sentiment: Micron made a strategic investment in SiMa.ai to deepen edge/Physical AI collaborations — positive for long-term product integration but not an immediate revenue driver. SiMa.ai Secures Strategic Investment from Micron
• Neutral Sentiment: Erste Group slightly raised FY2026–FY2027 EPS estimates but moved its rating to Hold — small model tweaks that are supportive on the margins but temper some of the enthusiasm. Erste Group updates on Micron estimates
• Negative Sentiment: Cyclical risk and crowded positioning: some analysts warn the rally could be a crowded bet and that memory demand can be volatile — a pullback would hurt heavily levered momentum trades. Micron Technology: Crowded Bet On A Cyclical High

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.