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

Shares of Micron Technology, Inc. (NASDAQ:MU) have earned a consensus recommendation of “Buy” from the thirty-eight ratings firms that are presently covering the stock, Marketbeat reports. Three investment analysts have rated the stock with a hold rating, thirty-one have given a buy rating and four have assigned a strong buy rating to the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $1,268.9310.

A number of analysts have recently weighed in on the stock. Morgan Stanley increased their price objective on shares of Micron Technology from $1,050.00 to $1,200.00 and gave the stock an “overweight” rating in a research note on Thursday, June 25th. Melius Research assumed coverage on Micron Technology in a research report on Monday, April 27th. They set a “buy” rating and a $700.00 price target on the stock. Wolfe Research set a $1,500.00 price objective on Micron Technology in a research note on Thursday, June 25th. TD Cowen reissued a “buy” rating on shares of Micron Technology in a report on Friday, July 10th. Finally, ThinkEquity restated a “buy” rating on shares of Micron Technology in a research note on Monday.

More Micron Technology News

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

• Positive Sentiment: Strong AI memory demand supports the long-term thesis. Industry commentary indicates that high-bandwidth memory, storage and photonics are becoming increasingly important bottlenecks in AI data centers. Micron’s sold-out 2026 HBM capacity and customer commitments remain key positives. AI ETFs: Memory & Photonics Move Into Focus
• Positive Sentiment: Record cash flow could fund shareholder returns. Micron, SanDisk and Western Digital reportedly generated record cash flows, increasing expectations that memory-chip companies may expand share repurchases. Wall Street Is Selling Memory Stocks – Chipmakers Are Buying Them Back
• Positive Sentiment: Some analysts still view the pullback as a buying opportunity. Bullish commentary points to Micron’s valuation, sustained cloud and AI-infrastructure demand, and the possibility that elevated memory pricing will persist. Micron Is an Incredible Bargain Below $1,000
• Neutral Sentiment: Volatility remains elevated. MU has risen sharply over the past year and trades well above its 200-day moving average, leaving it vulnerable to profit-taking and technical selling. Concentrated memory-sector exposure also amplifies market moves.
• Negative Sentiment: SanDisk and Western Digital guidance triggered a broader memory-stock selloff. Investors were disappointed that their outlooks did not provide the “knockout” upgrades expected after the sector’s powerful rally. SanDisk shares fell sharply, pulling Micron and other AI-related semiconductor stocks lower. Micron Technology Stock Is Falling Thursday: What’s Going On?
• Negative Sentiment: Investors are increasingly focused on future oversupply and AI-spending risks. Although Amazon’s higher capital-expenditure plans highlight strong memory demand, the market is questioning whether capacity expansion could eventually outpace demand or whether hyperscalers may slow spending. Amazon Cites Higher Memory Costs for Raising Capital Expenditures

Insider Buying and Selling at Micron Technology

In related news, EVP April S. Arnzen sold 40,000 shares of Micron Technology stock in a transaction on Wednesday, July 1st. The shares were sold at an average price of $1,083.94, for a total value of $43,357,600.00. Following the sale, the executive vice president owned 85,737 shares of the company’s stock, valued at approximately $92,933,763.78. This trade represents a 31.81% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Steven J. Gomo sold 2,000 shares of Micron Technology stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $787.03, for a total transaction of $1,574,060.00. Following the completion of the sale, the director owned 17,139 shares in the company, valued at approximately $13,488,907.17. This trade represents a 10.45% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 164,179 shares of company stock worth $169,385,921. 0.24% of the stock is currently owned by company insiders.

Institutional Trading of Micron Technology

A number of institutional investors have recently made changes to their positions in MU. Ridgecrest Wealth Partners LLC acquired a new stake in Micron Technology during the 2nd quarter worth $321,000. WPG Advisers LLC increased its holdings in Micron Technology by 3.0% in the 2nd quarter. WPG Advisers LLC now owns 782 shares of the semiconductor manufacturer’s stock valued at $903,000 after purchasing an additional 23 shares during the last quarter. Ketron Financial purchased a new position in shares of Micron Technology in the second quarter valued at approximately $330,000. Mitsubishi UFJ Trust & Banking Corp raised its stake in shares of Micron Technology by 6.4% in the second quarter. Mitsubishi UFJ Trust & Banking Corp now owns 572,850 shares of the semiconductor manufacturer’s stock valued at $661,235,000 after acquiring an additional 34,644 shares in the last quarter. Finally, Evernest Financial Advisors LLC purchased a new stake in Micron Technology during the 2nd quarter worth about $359,000. 80.84% of the stock is owned by institutional investors and hedge funds.

Micron Technology Trading Up 0.1%

Shares of NASDAQ:MU opened at $893.19 on Thursday. The company has a quick ratio of 2.98, a current ratio of 3.42 and a debt-to-equity ratio of 0.05. Micron Technology has a 52-week low of $106.75 and a 52-week high of $1,255.00. The stock has a market cap of $1.01 trillion, a price-to-earnings ratio of 20.22 and a beta of 2.18. The business has a 50-day moving average price of $977.73 and a 200-day moving average price of $653.36.

Micron Technology (NASDAQ:MU) last issued its earnings results on Wednesday, June 24th. The semiconductor manufacturer reported $25.11 EPS for the quarter, beating analysts’ consensus estimates of $21.39 by $3.72. Micron Technology had a return on equity of 71.13% and a net margin of 55.91%.The firm had revenue of $41.46 billion for the quarter, compared to analyst estimates of $35.91 billion. During the same quarter in the prior year, the firm earned $1.91 earnings per share. Micron Technology’s revenue for the quarter was up 345.8% on a year-over-year basis. Micron Technology has set its Q4 2026 guidance at 30.000-32.000 EPS. Equities analysts predict that Micron Technology will post 72.93 EPS for the current year.

Micron Technology Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, July 21st. Investors of record on Monday, July 6th were issued a dividend of $0.15 per share. The ex-dividend date of this dividend was Monday, July 6th. This represents a $0.60 dividend on an annualized basis and a yield of 0.1%. Micron Technology’s dividend payout ratio is 1.36%.

About Micron Technology

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.