Micron Technology, Inc. (NASDAQ:MU) Receives $349.76 Average Price Target from Brokerages

Shares of Micron Technology, Inc. (NASDAQ:MU) have earned an average recommendation of “Buy” from the thirty-eight research firms that are presently covering the stock, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold rating, twenty-nine have assigned a buy rating and six have assigned a strong buy rating to the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $353.2069.

MU has been the subject of a number of recent research reports. Raymond James Financial raised their price objective on shares of Micron Technology from $190.00 to $310.00 and gave the stock an “outperform” rating in a research note on Thursday, December 18th. Cantor Fitzgerald increased their price objective on Micron Technology from $350.00 to $450.00 and gave the company an “overweight” rating in a research note on Wednesday, January 14th. Itau BBA Securities reissued an “outperform” rating on shares of Micron Technology in a research note on Thursday, December 18th. Wall Street Zen upgraded Micron Technology from a “buy” rating to a “strong-buy” rating in a research note on Sunday, November 23rd. Finally, The Goldman Sachs Group raised their price objective on Micron Technology from $205.00 to $235.00 and gave the stock a “neutral” rating in a research note on Thursday, December 18th.

Insiders Place Their Bets

In other Micron Technology news, EVP Sumit Sadana sold 25,000 shares of the company’s stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $429.89, for a total value of $10,747,250.00. Following the completion of the sale, the executive vice president directly owned 248,021 shares of the company’s stock, valued at approximately $106,621,747.69. This represents a 9.16% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Scott R. Allen sold 2,000 shares of the company’s stock in a transaction that occurred on Tuesday, January 6th. The stock was sold at an average price of $337.50, for a total transaction of $675,000.00. Following the sale, the chief accounting officer directly owned 38,237 shares of the company’s stock, valued at approximately $12,904,987.50. This trade represents a 4.97% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have purchased 23,200 shares of company stock worth $7,821,723 and have sold 73,623 shares worth $27,307,408. Company insiders own 0.24% of the company’s stock.

Institutional Investors Weigh In On Micron Technology

A number of hedge funds have recently made changes to their positions in MU. High Note Wealth LLC grew its position in shares of Micron Technology by 65.4% during the 4th quarter. High Note Wealth LLC now owns 86 shares of the semiconductor manufacturer’s stock valued at $25,000 after acquiring an additional 34 shares during the period. Elevation Wealth Partners LLC grew its stake in shares of 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 acquiring an additional 71 shares during the period. Steigerwald Gordon & Koch Inc. raised its stake in Micron Technology by 4,800.0% in the 4th 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. Joseph Group Capital Management bought a new position in shares of Micron Technology in the fourth quarter worth $31,000. Finally, Luken Investment Analytics LLC bought a new position in shares of Micron Technology during the 4th quarter valued at $31,000. 80.84% of the stock is currently owned by institutional investors.

Micron Technology Stock Up 2.0%

MU stock traded up $8.12 during trading on Thursday, hitting $418.46. 27,503,053 shares of the company’s stock were exchanged, compared to its average volume of 38,085,945. The business has a 50-day moving average price of $327.74 and a two-hundred day moving average price of $227.69. The stock has a market capitalization of $470.98 billion, a price-to-earnings ratio of 39.75 and a beta of 1.52. Micron Technology has a 52-week low of $61.54 and a 52-week high of $455.50. 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 (NASDAQ:MU) last issued its quarterly earnings results on Wednesday, December 17th. The semiconductor manufacturer reported $4.78 earnings per share for the quarter, topping analysts’ consensus estimates of $3.77 by $1.01. The firm had revenue of $13.64 billion during the quarter, compared to analysts’ expectations of $12.62 billion. Micron Technology had a net margin of 28.15% and a return on equity of 22.71%. Micron Technology’s quarterly revenue was up 56.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.79 EPS. Micron Technology has set its Q2 2026 guidance at 8.220-8.620 EPS. As a group, equities research analysts expect that Micron Technology will post 6.08 EPS for the current year.

Micron Technology Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 14th. Stockholders of record on Monday, December 29th were issued a dividend of $0.115 per share. The ex-dividend date of this dividend was Monday, December 29th. This represents a $0.46 annualized dividend and a dividend yield of 0.1%. Micron Technology’s dividend payout ratio is 4.37%.

More Micron Technology News

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

• Positive Sentiment: Management update — CFO said Micron’s HBM4 is in high-volume production and has begun customer shipments, which reassures investors on AI memory revenue visibility and near-term sales ramp. Micron’s stock pops. Here’s what an executive just said to calm nervous investors.
• Positive Sentiment: Supply/demand tightness — Micron executives and market chatter emphasize demand significantly outpacing supply with tightness persisting beyond 2026, supporting pricing power and margin expansion expectations. Micron Technology Stock (MU) Opinions on CFO Supply-Demand Outlook
• Positive Sentiment: Analyst upgrades/price-target lifts — Multiple firms have raised targets (examples: TD Cowen’s $600 bull target, Morgan Stanley to $450), reinforcing upside expectations and momentum among institutional buyers. Micron Stock Gets a New Street-High $600 Target — TD Cowen Sees 55% Upside.
• Neutral Sentiment: Sector validation vs. competition — Samsung says it has begun mass production of HBM4, which validates strong AI memory demand but increases competitive pressure and timing uncertainty for Micron’s share gains. Investors are parsing whether this is a net negative or simply confirms a bigger market. Samsung Claims to Be First to Ship New Memory Chips. What It Means for Micron.
• Neutral Sentiment: Bull-case narratives — Several bullish pieces argue structural DRAM/HBM tightness and industry consolidation make this cycle different, supporting a multi-year tailwind, but those are thesis pieces rather than new company-proof events. Bull Case for Micron Stock (MU) Predicts 20%+ Upside in 2026
• Negative Sentiment: Insider selling — Public filings show heavy insider sales across senior executives in recent months, which can concern some investors about timing of stock sales even as company performance improves. Micron Technology Stock (MU) Opinions on CFO Supply-Demand Outlook
• Negative Sentiment: Cyclical/valuation risk — Commentaries remind investors memory markets are cyclical and prior boom-bust patterns could reassert if capacity and pricing dynamics change; elevated multiples leave less room for disappointment. How High Can Micron Go In the Memory Supercycle? Here’s What History Says

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.