Micron Technology, Inc. (NASDAQ:MU) Stock Now Rated “Moderate Buy” by Wall Street Brokerages

Shares of Micron Technology, Inc. (NASDAQ:MU) have earned a consensus recommendation of “Moderate Buy” from the forty-six brokerages that are presently covering the company, MarketBeat.com reports. Four equities research analysts have rated the stock with a hold rating, forty-one have assigned a buy rating and one has issued a strong buy rating on the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is $1,407.88.

Several brokerages recently commented on MU. Needham & Company LLC reaffirmed a “buy” rating and issued a $1,650.00 price objective on shares of Micron Technology in a research report on Thursday, October 1st. Citigroup boosted their target price on shares of Micron Technology from $1,150.00 to $1,300.00 and gave the stock a “buy” rating in a research report on Wednesday, September 23rd. Cantor Fitzgerald restated an “overweight” rating and set a $2,000.00 price target on shares of Micron Technology in a research note on Thursday, October 1st. Phillip Securities raised their price target on shares of Micron Technology from $530.00 to $1,870.00 and gave the stock a “buy” rating in a report on Monday, June 29th. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Micron Technology in a report on Thursday, October 1st.

Micron Technology Stock Down 5.6%

Micron Technology stock opened at $878.84 on Tuesday. The company has a debt-to-equity ratio of 0.03, a current ratio of 3.31 and a quick ratio of 2.94. The stock has a market capitalization of $994.34 billion, a price-to-earnings ratio of 11.84, a PEG ratio of 0.15 and a beta of 2.22. Micron Technology has a 1-year low of $192.40 and a 1-year high of $1,255.00. The business has a fifty day moving average price of $985.88 and a 200-day moving average price of $861.24.

Micron Technology (NASDAQ:MU) last announced its earnings results on Wednesday, September 30th. The semiconductor manufacturer reported $33.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $31.77 by $1.65. Micron Technology had a return on equity of 92.62% and a net margin of 63.80%. The company had revenue of $54.23 billion for the quarter, compared to analyst estimates of $51.33 billion. During the same period in the prior year, the company posted $3.03 EPS. The firm’s quarterly revenue was up 379.1% compared to the same quarter last year. Micron Technology has set its Q1 2027 guidance at 37.150-39.150 EPS. Equities research analysts forecast that Micron Technology will post 177.03 EPS for the current fiscal year.

Micron Technology Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 29th. Shareholders of record on Wednesday, October 14th will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Wednesday, October 14th. This represents a $0.60 dividend on an annualized basis and a yield of 0.1%. Micron Technology’s payout ratio is currently 0.81%.

Insider Activity

In other news, CAO Scott Allen sold 879 shares of the firm’s stock in a transaction dated Thursday, July 23rd. The stock was sold at an average price of $1,000.00, for a total value of $879,000.00. Following the completion of the transaction, the chief accounting officer directly owned 34,958 shares in the company, valued at $34,958,000. This trade represents a 2.45% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Sumit Sadana sold 15,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $934.29, for a total value of $14,014,350.00. Following the completion of the sale, the executive vice president owned 191,021 shares in the company, valued at approximately $178,469,010.09. This represents a 7.28% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 95,879 shares of company stock valued at $90,939,466. Company insiders own 0.24% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the business. Signature Resources Capital Management LLC lifted its holdings in Micron Technology by 214.3% in the third quarter. Signature Resources Capital Management LLC now owns 154 shares of the semiconductor manufacturer’s stock worth $164,000 after acquiring an additional 105 shares during the last quarter. Smith Thornton Advisors LLC acquired a new position in Micron Technology during the 3rd quarter valued at approximately $505,000. Brown Lisle Cummings Inc. boosted its position in Micron Technology by 135.5% during the 3rd quarter. Brown Lisle Cummings Inc. now owns 497 shares of the semiconductor manufacturer’s stock valued at $529,000 after purchasing an additional 286 shares during the period. Founders Grove Wealth Partners LLC grew its stake in Micron Technology by 62.8% during the 3rd quarter. Founders Grove Wealth Partners LLC now owns 2,012 shares of the semiconductor manufacturer’s stock worth $2,143,000 after buying an additional 776 shares during the last quarter. Finally, CRA Financial Services LLC boosted its holdings in shares of Micron Technology by 11.8% during the third quarter. CRA Financial Services LLC now owns 1,692 shares of the semiconductor manufacturer’s stock valued at $1,802,000 after acquiring an additional 179 shares during the period. Hedge funds and other institutional investors own 80.84% of the company’s stock.

Micron Technology News Summary

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

• Positive Sentiment: Micron’s long-term outlook remains supported by tight memory supply and robust AI demand. Analysts and commentators point to expanding margins, pricing strength, high-bandwidth memory (HBM) growth, and management’s expectation that supply constraints could persist through 2028. Micron: Why You Should Buy Before Dec’26
• Positive Sentiment: Recent results exceeded expectations: fiscal fourth-quarter revenue reached approximately $54.2 billion, above the high end of management’s outlook, while full-year revenue reportedly rose to about $133.2 billion. Supporters also cite long-term customer agreements, price floors, potential share repurchases under Micron’s $35 billion authorization, and continued investment in U.S. manufacturing. Micron Stock Is 25% Below Its June Record
• Positive Sentiment: ASML’s comments that demand for advanced chipmaking equipment exceeds supply through 2028 are viewed as favorable for Micron, a major ASML customer developing next-generation HBM products. Micron also pledged $50 million to U.S. memory research, reinforcing its domestic technology and supply-chain strategy. ASML Just Delivered Excellent News for Micron Stock Investors
• Neutral Sentiment: Several analysts continue to describe the retreat as a potential buying opportunity, citing Micron’s valuation and earnings growth. However, bullish price targets depend on memory demand remaining strong and the current pricing cycle lasting longer than expected.
• Negative Sentiment: Investors remain concerned that CXMT’s progress in DDR5, LPDDR5X, and server memory could pressure pricing and market share, particularly in conventional memory. A possible industry oversupply later this decade adds to the cyclical risk. Memory stocks are getting hammered
• Negative Sentiment: The broader AI trade is under pressure as investors question whether data-center spending can generate adequate returns and whether highly leveraged “neocloud” companies can remain viable. Higher inflation and the prospect of additional interest-rate increases are also encouraging rotation away from expensive technology stocks.
• Negative Sentiment: One senior executive sold 6,328 Micron shares on October 14. The transaction appears isolated and is small relative to the company, but it adds a modest negative signal during an already weak trading period. Monster insider trading alert for Micron stock

About Micron Technology

Micron Technology, Inc is a semiconductor company that develops and manufactures memory and storage products. Its portfolio includes dynamic random-access memory (DRAM), NAND flash memory, NOR flash memory, solid-state drives, memory modules, and other semiconductor solutions used in data centers, personal computers, smartphones, automotive systems, industrial equipment, and consumer electronics.

The company also provides high-bandwidth memory and other advanced memory technologies designed to support artificial intelligence, high-performance computing, networking, and graphics applications.