Micron Technology (NASDAQ:MU) Price Target Raised to $480.00

Micron Technology (NASDAQ:MU) had its target price lifted by stock analysts at Mizuho from $390.00 to $480.00 in a research note issued on Tuesday,Benzinga reports. The brokerage currently has an “outperform” rating on the semiconductor manufacturer’s stock. Mizuho’s price objective indicates a potential upside of 17.54% from the stock’s current price.

Other analysts also recently issued reports about the stock. Barclays boosted their target price on shares of Micron Technology from $275.00 to $450.00 and gave the stock an “overweight” rating in a report on Friday, January 16th. HSBC upped their price objective on Micron Technology from $350.00 to $500.00 and gave the company a “buy” rating in a research report on Friday. The Goldman Sachs Group boosted their target price on Micron Technology from $205.00 to $235.00 and gave the company a “neutral” rating in a research report on Thursday, December 18th. Citigroup raised their price target on Micron Technology from $330.00 to $385.00 and gave the stock a “buy” rating in a research report on Thursday, January 15th. Finally, New Street Research reiterated a “neutral” rating on shares of Micron Technology in a research report on Tuesday, October 14th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, Micron Technology currently has a consensus rating of “Buy” and a consensus price target of $349.76.

Micron Technology Price Performance

NASDAQ MU traded up $19.27 during trading on Tuesday, hitting $408.36. 14,966,511 shares of the stock traded hands, compared to its average volume of 34,805,383. The company has a quick ratio of 1.78, a current ratio of 2.46 and a debt-to-equity ratio of 0.19. Micron Technology has a 12-month low of $61.54 and a 12-month high of $412.43. The firm has a 50-day simple moving average of $284.66 and a 200-day simple moving average of $203.84. The company has a market capitalization of $459.61 billion, a P/E ratio of 38.69 and a beta of 1.50.

Micron Technology (NASDAQ:MU) last posted its earnings results on Wednesday, December 17th. The semiconductor manufacturer reported $4.78 EPS for the quarter, beating analysts’ consensus estimates of $3.77 by $1.01. Micron Technology had a return on equity of 22.71% and a net margin of 28.15%.The firm had revenue of $13.64 billion during the quarter, compared to the consensus estimate of $12.62 billion. During the same period in the prior year, the company earned $1.79 EPS. The company’s quarterly revenue was up 56.7% compared to the same quarter last year. Micron Technology has set its Q2 2026 guidance at 8.220-8.620 EPS. As a group, analysts predict that Micron Technology will post 6.08 EPS for the current year.

Insider Buying and Selling at Micron Technology

In other news, CAO Scott R. Allen sold 2,000 shares of the company’s stock in a transaction 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 transaction, the chief accounting officer directly owned 38,237 shares of the company’s stock, valued at approximately $12,904,987.50. This represents a 4.97% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Teyin M. Liu acquired 11,600 shares of the stock in a transaction dated Wednesday, January 14th. The stock was acquired at an average cost of $337.22 per share, with a total value of $3,911,752.00. Following the transaction, the director directly owned 25,910 shares in the company, valued at approximately $8,737,370.20. This represents a 81.06% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last three months, insiders have sold 209,623 shares of company stock worth $53,066,945. 0.24% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Micron Technology

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in MU. Elevation Wealth Partners LLC boosted its stake in Micron Technology by 295.8% in the 4th quarter. Elevation Wealth Partners LLC now owns 95 shares of the semiconductor manufacturer’s stock worth $27,000 after purchasing an additional 71 shares in the last quarter. Steigerwald Gordon & Koch Inc. increased its position in shares of 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. GHP Investment Advisors Inc. raised its stake in Micron Technology by 91.2% in the 4th quarter. GHP Investment Advisors Inc. now owns 109 shares of the semiconductor manufacturer’s stock worth $31,000 after acquiring an additional 52 shares during the last quarter. Noble Wealth Management PBC acquired a new stake in Micron Technology during the 4th quarter worth about $40,000. Finally, REAP Financial Group LLC acquired a new position in shares of Micron Technology in the third quarter valued at about $25,000. 80.84% of the stock is currently owned by hedge funds and other institutional investors.

Micron Technology News Roundup

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

• Positive Sentiment: Breaks ground on a major Singapore wafer fab: Micron announced a planned ~$24 billion, 10‑year investment to add 700k sq. ft. of cleanroom capacity in Singapore to boost NAND/HBM supply and co‑locate R&D and packaging for faster tech transitions. This directly addresses AI-driven shortages and underpins revenue/capacity visibility. Read More.
• Positive Sentiment: AI-driven demand and margin expansion thesis reinforced: investor commentary and fund letters point to sustained HBM/DRAM tightness that is expanding Micron’s margins and supporting a multi‑year earnings re‑rating. Read More.
• Positive Sentiment: Wall Street additions and bullish initiations: analysts (e.g., William Blair) have started/raised coverage with Outperform/Buy calls, adding momentum and validating the AI‑memory growth story. Upgrades and higher targets are supporting buying interest. Read More.
• Neutral Sentiment: Analyst comparisons and broker noise can move short‑term flows: comparison pieces (e.g., vs. Western Digital) and frequent coverage mean upgrades/downgrades or relative calls could cause intra‑day volatility even if the structural story remains intact. Read More.
• Neutral Sentiment: Price moves across the industry: a Chinese chip firm raised prices sharply, underscoring tight supply and cost pressure in memory markets — a macro sign that can support pricing but is not specific to Micron. Read More.
• Negative Sentiment: Competitive risk — Samsung qualifying HBM4 for Nvidia: reports that Samsung will supply Nvidia with next‑gen HBM4 chips (mass production/qualification timelines) introduce displacement risk for Micron’s HBM pricing and share assumptions, which could cap upside if sustained. Read More.
• Negative Sentiment: Insider activity mixed: a recent EVP sale (~26.6k shares) may be viewed as a modest negative signal or routine liquidity; offset by other insider buying earlier in January — monitor further insider transactions for conviction. Read More.

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.