Micron Technology (NASDAQ:MU) Price Target Raised to $1,750.00 at Susquehanna

Micron Technology (NASDAQ:MU) had its price objective lifted by investment analysts at Susquehanna from $600.00 to $1,750.00 in a research report issued on Friday, Marketbeat.com reports. The brokerage presently has a “positive” rating on the semiconductor manufacturer’s stock. Susquehanna’s price objective points to a potential upside of 80.05% from the stock’s current price.

MU has been the subject of several other reports. 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. Cantor Fitzgerald increased their price target on Micron Technology from $450.00 to $700.00 and gave the stock an “overweight” rating in a report on Thursday, March 19th. Morgan Stanley raised 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, February 11th. JPMorgan Chase & Co. boosted their price objective on Micron Technology from $350.00 to $550.00 and gave the company an “overweight” rating in a report on Thursday, March 19th. Finally, Stifel Nicolaus upped their target price on Micron Technology from $360.00 to $550.00 and gave the stock a “buy” rating in a research report on Monday, March 2nd. Five equities research analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, Micron Technology presently has an average rating of “Buy” and an average target price of $595.63.

Micron Technology Stock Up 5.2%

NASDAQ MU traded up $48.42 on Friday, hitting $971.94. 8,033,688 shares of the company were exchanged, compared to its average volume of 42,941,336. The company has a market cap of $1.10 trillion, a PE ratio of 46.09 and a beta of 1.91. Micron Technology has a 12 month low of $92.22 and a 12 month high of $967.43. The stock has a fifty day moving average of $547.31 and a 200-day moving average of $407.37. The company has a current ratio of 2.90, a quick ratio of 2.32 and a debt-to-equity ratio of 0.13.

Micron Technology (NASDAQ:MU) last posted its quarterly earnings results on Wednesday, March 18th. The semiconductor manufacturer reported $12.20 earnings per share for the quarter, beating the consensus estimate of $9.19 by $3.01. Micron Technology had a net margin of 41.49% and a return on equity of 41.16%. The firm had revenue of $23.86 billion during the quarter, compared to the consensus estimate of $19.97 billion. During the same period in the previous year, the firm posted $1.56 earnings per share. The business’s revenue was up 196 compared to the same quarter last year. As a group, analysts forecast that Micron Technology will post 57.82 earnings per share for the current year.

Insider Buying and Selling

In related news, CEO Sanjay Mehrotra sold 40,000 shares of the firm’s stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $536.26, for a total transaction of $21,450,400.00. Following the transaction, the chief executive officer directly owned 424,503 shares of the company’s stock, valued at $227,643,978.78. This trade represents a 8.61% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP April S. Arnzen sold 40,000 shares of the firm’s stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $347.39, for a total transaction of $13,895,600.00. Following the transaction, the executive vice president directly owned 125,737 shares in the company, valued at $43,679,776.43. The trade was a 24.13% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 106,000 shares of company stock worth $47,032,460 over the last three months. Company insiders own 0.24% of the company’s stock.

Institutional Investors Weigh In On Micron Technology

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. REAP Financial Group LLC bought a new position in shares of Micron Technology in the third quarter valued at approximately $25,000. High Note Wealth LLC lifted its holdings in Micron Technology by 65.4% during the fourth quarter. High Note Wealth LLC now owns 86 shares of the semiconductor manufacturer’s stock worth $25,000 after acquiring an additional 34 shares during the period. Elevation Wealth Partners LLC boosted its position in Micron Technology by 295.8% in the fourth quarter. Elevation Wealth Partners LLC now owns 95 shares of the semiconductor manufacturer’s stock worth $27,000 after purchasing an additional 71 shares during the last quarter. Kohmann Bosshard Financial Services LLC bought a new position in Micron Technology in the 1st quarter valued at $27,000. Finally, Steigerwald Gordon & Koch Inc. grew 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 purchasing an additional 96 shares during the period. Hedge funds and other institutional investors own 80.84% of the company’s stock.

Key Headlines Impacting Micron Technology

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

• Positive Sentiment: UBS and Barclays both sharply raised price targets on Micron Technology (MU), reflecting stronger confidence in AI-driven memory demand and higher earnings power. Article Title
• Positive Sentiment: Micron’s market value crossing $1 trillion is fueling momentum buying, with investors viewing the company as a key beneficiary of long-lasting AI HBM shortages. Article Title
• Positive Sentiment: Hedge fund activity showed multiple prominent managers boosting Micron stakes, suggesting institutional support for the rally. Article Title
• Neutral Sentiment: Commentary from Jim Cramer and other market media amplified attention on Micron, but these mentions were mainly validation of the existing AI-memory narrative rather than new fundamental information. Article Title
• Negative Sentiment: Some analysts are warning that Micron (MU) could face a “trillion-dollar trap,” including HBM cannibalization risk, depreciation pressure, and a possible valuation reset if growth cools. Article Title
• Negative Sentiment: Rival Samsung is ramping up AI memory competition, which could pressure pricing power and limit Micron’s long-term margin expansion. Article Title

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.