Micron Technology, Inc. (NASDAQ:MU) Receives Consensus Rating of “Buy” from Analysts

Micron Technology, Inc. (NASDAQ:MU) has been given a consensus recommendation of “Buy” by the thirty-eight analysts that are presently covering the company, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold recommendation, thirty-one have given a buy recommendation and four have issued a strong buy recommendation on the company. The average 1-year target price among analysts that have covered the stock in the last year is $1,295.6333.

Several research firms have recently weighed in on MU. Wells Fargo & Company lifted their target price on shares of Micron Technology from $1,220.00 to $1,525.00 and gave the stock an “overweight” rating in a research report on Thursday, June 25th. Needham & Company LLC raised their price objective on shares of Micron Technology from $1,550.00 to $1,650.00 and gave the stock a “buy” rating in a research note on Thursday, June 25th. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Micron Technology from $1,500.00 to $1,550.00 and gave the stock a “buy” rating in a research report on Thursday, June 25th. Stifel Nicolaus raised their price objective on Micron Technology from $550.00 to $1,500.00 and gave the stock a “buy” rating in a research report on Thursday, June 18th. Finally, KeyCorp reaffirmed an “overweight” rating on shares of Micron Technology in a research note on Monday, July 20th.

Insider Transactions at Micron Technology

In other Micron Technology news, EVP Sumit Sadana sold 15,000 shares of the company’s stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $934.29, for a total value of $14,014,350.00. Following the transaction, the executive vice president directly owned 191,021 shares of the company’s stock, valued at $178,469,010.09. This represents a 7.28% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Lynn Dugle sold 1,300 shares of the business’s stock in a transaction that occurred on Tuesday, June 30th. The shares were sold at an average price of $1,150.43, for a total value of $1,495,559.00. Following the completion of the sale, the director directly owned 17,728 shares of the company’s stock, valued at approximately $20,394,823.04. The trade was a 6.83% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 177,204 shares of company stock valued at $182,156,264. Corporate insiders own 0.24% of the company’s stock.

Institutional Trading of Micron Technology

Hedge funds have recently added to or reduced their stakes in the business. M.E. Allison & CO. Inc. lifted its holdings in shares of Micron Technology by 0.8% during the second quarter. M.E. Allison & CO. Inc. now owns 1,324 shares of the semiconductor manufacturer’s stock worth $1,528,000 after purchasing an additional 11 shares during the period. Cherrydale Wealth Management LLC raised its position in Micron Technology by 1.4% during the 2nd quarter. Cherrydale Wealth Management LLC now owns 972 shares of the semiconductor manufacturer’s stock worth $1,122,000 after purchasing an additional 13 shares during the last quarter. Bellevue Asset Management LLC raised its position in Micron Technology by 25.5% during the 2nd quarter. Bellevue Asset Management LLC now owns 64 shares of the semiconductor manufacturer’s stock worth $74,000 after purchasing an additional 13 shares during the last quarter. Mowery & Schoenfeld Wealth Management LLC lifted its holdings in Micron Technology by 8.8% during the 2nd quarter. Mowery & Schoenfeld Wealth Management LLC now owns 161 shares of the semiconductor manufacturer’s stock worth $186,000 after buying an additional 13 shares during the period. Finally, Red Door Wealth Management LLC lifted its holdings in Micron Technology by 0.7% during the 2nd quarter. Red Door Wealth Management LLC now owns 1,914 shares of the semiconductor manufacturer’s stock worth $2,209,000 after buying an additional 14 shares during the period. Institutional investors 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: AI memory demand remains the primary catalyst. Analysts and market coverage point to strong data-center spending, constrained DRAM and NAND supply, and robust demand for high-bandwidth memory (HBM). Reports indicate Micron’s HBM capacity is sold out through 2027, supporting pricing power and potentially higher margins. HBM Sold Out Through 2027
• Positive Sentiment: Optimism is building ahead of earnings. Micron is expected to report higher fiscal Q4 earnings, with several analysts maintaining Buy ratings or raising estimates and price targets. The stock also moved above an early technical buy point, reinforcing momentum-oriented investor interest. Micron Q4 Earnings Forecasts
• Positive Sentiment: Sector momentum is helping MU. The broader AI trade pushed the Nasdaq to records, while bullish coverage of peer SanDisk helped lift the memory-chip group. Micron’s strong recent earnings growth and institutional interest, including a reported addition by Gabelli Global Growth Fund, further supported sentiment. Micron vs. SanDisk
• Neutral Sentiment: Investors face elevated earnings volatility. Options markets reportedly imply a sizable move after the September 30 results. While bullish forecasts see additional upside, some analysts warn that expectations and the recent rally could produce a post-earnings pullback even if Micron delivers strong results. Micron Earnings Risk
• Negative Sentiment: A potential Taiwan plant strike is a near-term risk. Employees reportedly seek a recurring 15% profit-sharing arrangement. A work stoppage or higher labor costs could disrupt production and reduce the benefit of current AI-driven pricing strength. Micron Taiwan Labor Dispute
• Negative Sentiment: China’s CXMT is a longer-term competitive threat. CXMT says it has begun mass production of advanced DRAM, potentially improving supply and pressuring Micron’s market share and pricing power from 2027 onward. CXMT Advanced DRAM Production

Micron Technology Stock Performance

MU opened at $1,096.16 on Friday. Micron Technology has a 1-year low of $154.65 and a 1-year high of $1,255.00. The company has a market capitalization of $1.24 trillion, a price-to-earnings ratio of 24.82, a price-to-earnings-growth ratio of 0.66 and a beta of 2.22. The business has a 50 day moving average price of $932.42 and a two-hundred day moving average price of $785.75. The company has a debt-to-equity ratio of 0.05, a current ratio of 3.42 and a quick ratio of 2.98.

Micron Technology (NASDAQ:MU) last issued its earnings results on Wednesday, June 24th. The semiconductor manufacturer reported $25.11 earnings per share for the quarter, topping analysts’ consensus estimates of $21.39 by $3.72. The firm had revenue of $41.46 billion during the quarter, compared to analysts’ expectations of $35.91 billion. Micron Technology had a net margin of 55.91% and a return on equity of 71.13%. The firm’s revenue for the quarter was up 345.8% compared to the same quarter last year. During the same period last year, the firm posted $1.91 earnings per share. Research analysts predict that Micron Technology will post 72.99 EPS for the current fiscal year.

Micron Technology Company Profile

Micron Technology, Inc is a global semiconductor company that designs, develops, manufactures and sells memory and storage solutions. Its product portfolio includes dynamic random-access memory (DRAM), NAND flash memory, NOR flash memory, solid-state drives, memory modules and high-bandwidth memory used in data-intensive computing applications.

Micron’s products support a range of markets, including data centers, artificial intelligence and high-performance computing, personal computers, smartphones, automotive systems, industrial equipment and networking devices.