Micron Technology (NASDAQ:MU) Stock Price Expected to Rise, Needham & Company LLC Analyst Says

Micron Technology (NASDAQ:MU) had its price objective boosted by equities researchers at Needham & Company LLC from $380.00 to $450.00 in a report issued on Tuesday, Marketbeat reports. The firm currently has a “buy” rating on the semiconductor manufacturer’s stock. Needham & Company LLC’s target price would indicate a potential upside of 9.31% from the stock’s previous close.

MU has been the topic of several other research reports. Weiss Ratings reissued a “buy (b-)” rating on shares of Micron Technology in a research report on Thursday, January 29th. Morgan Stanley lifted their price objective on shares of Micron Technology from $350.00 to $450.00 and gave the company an “overweight” rating in a research note on Wednesday, February 11th. Itau BBA Securities restated an “outperform” rating on shares of Micron Technology in a research report on Thursday, December 18th. Royal Bank Of Canada initiated coverage on Micron Technology in a research report on Thursday, January 15th. They issued an “outperform” rating and a $425.00 price target for the company. Finally, KeyCorp increased their price objective on Micron Technology from $325.00 to $450.00 and gave the stock an “overweight” rating in a report on Tuesday, January 13th. Six equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of $358.38.

Micron Technology Stock Performance

Shares of MU opened at $411.66 on Tuesday. The firm has a market cap of $463.33 billion, a PE ratio of 39.13 and a beta of 1.51. The stock’s fifty day moving average price is $338.27 and its two-hundred day moving average price is $234.86. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.46 and a quick ratio of 1.78. Micron Technology has a 1 year low of $61.54 and a 1 year high of $455.50.

Micron Technology (NASDAQ:MU) last announced its quarterly earnings data on Wednesday, December 17th. The semiconductor manufacturer reported $4.78 earnings per share for the quarter, topping the consensus estimate of $3.77 by $1.01. Micron Technology had a return on equity of 22.71% and a net margin of 28.15%.The company had revenue of $13.64 billion during the quarter, compared to analyst estimates of $12.62 billion. During the same quarter last year, the firm posted $1.79 EPS. The firm’s revenue for the quarter was up 56.7% on a year-over-year basis. Micron Technology has set its Q2 2026 guidance at 8.220-8.620 EPS. On average, equities research analysts forecast that Micron Technology will post 6.08 EPS for the current year.

Insider Buying and Selling

In other news, Director Teyin M. Liu acquired 11,600 shares of Micron Technology stock in a transaction dated Tuesday, January 13th. The shares were purchased at an average cost of $337.07 per share, for a total transaction of $3,910,012.00. Following the transaction, the director owned 14,310 shares of the company’s stock, valued at $4,823,471.70. This trade represents a 428.04% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Steven J. Gomo sold 5,000 shares of the business’s stock in a transaction that occurred on Friday, December 19th. The stock was sold at an average price of $263.63, for a total value of $1,318,150.00. Following the completion of the sale, the director owned 19,139 shares of the company’s stock, valued at $5,045,614.57. The trade was a 20.71% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders bought 23,200 shares of company stock valued at $7,821,723 and sold 73,623 shares valued at $27,307,408. 0.24% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in MU. Brighton Jones LLC lifted its stake in Micron Technology by 18.3% in the fourth quarter. Brighton Jones LLC now owns 6,318 shares of the semiconductor manufacturer’s stock worth $532,000 after purchasing an additional 976 shares during the last quarter. Sivia Capital Partners LLC increased its holdings in shares of Micron Technology by 21.7% in the second quarter. Sivia Capital Partners LLC now owns 3,528 shares of the semiconductor manufacturer’s stock worth $435,000 after buying an additional 628 shares during the period. Stratos Wealth Partners LTD. lifted its stake in shares of Micron Technology by 3.1% in the 2nd quarter. Stratos Wealth Partners LTD. now owns 15,605 shares of the semiconductor manufacturer’s stock valued at $1,923,000 after acquiring an additional 465 shares during the last quarter. United Bank purchased a new stake in Micron Technology during the 2nd quarter valued at about $236,000. Finally, Schnieders Capital Management LLC. boosted its holdings in Micron Technology by 67.9% during the 2nd quarter. Schnieders Capital Management LLC. now owns 16,984 shares of the semiconductor manufacturer’s stock valued at $2,093,000 after acquiring an additional 6,867 shares during the period. 80.84% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Micron Technology

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

• Positive Sentiment: MarketBeat says technicals, analyst upgrades and institutional accumulation point to more upside for MU, citing HBM demand, capacity expansions and resumed buybacks as key catalysts.
• Positive Sentiment: Morgan Stanley and Deutsche Bank raised Micron price targets, supporting the bullish analyst narrative and likely helping today’s buying momentum. Morgan Stanley, Deutsche Bank Raise Micron (MU) Price Targets
• Positive Sentiment: TipRanks highlights MU’s YTD gains and reports margins lifted by AI-driven memory shortages; analysts point to heavy capex to expand output for data-center customers. Micron (MU) Jumps 44% YTD as AI Memory Shortage Lifts Margins to 68%
• Positive Sentiment: The Wall Street Journal reports Micron plans roughly $200 billion in spending to close the AI memory bottleneck — a long-term growth signal that supports higher revenue and market share if execution succeeds. Micron Is Spending $200 Billion to Break the AI Memory Bottleneck
• Positive Sentiment: Yahoo/Fool coverage on Micron’s early HBM4 ramp emphasizes stronger AI memory growth prospects and tighter supply, reinforcing pricing power and near-term margin resilience. Micron’s Early HBM4 Ramp Puts AI Memory Growth In Sharper Focus
• Positive Sentiment: The Motley Fool and Seeking Alpha pieces argue Micron’s rally has room to run (some even projecting much higher targets), citing structural AI demand, HBM scarcity and improving cash flow/buybacks as justification. Prediction: Micron’s Stock Could Reach $1,200 by the End of 2026 Micron: Nothing Is Over
• Neutral Sentiment: Zacks analyst coverage and daily blog mentions MU among top growth names, reflecting increasing sell-side attention but not new company-specific data. The Zacks Analyst Blog NVIDIA, Micron Technology, Palantir and Advanced Micro Devices
• Neutral Sentiment: Coverage notes a valuation debate: rapid revenue/margin gains are real, but multiples are elevated; investors are weighing execution risk on large-capex builds. Micron (MU) Stock Soars on AI Memory Shortage But Valuation Debate Heats Up
• Negative Sentiment: Forbes warns MU’s history of frequent, fast corrections — repeated >30% drops in short periods — creates a persistent tail risk for momentum-driven rallies. Why The Micron Stock Meltdown Is Overdue
• Negative Sentiment: Commentary asking whether MU has “run too far” flags stretched multiples and the danger that even strong results will need equally strong forward guidance to justify current prices. Has Micron (MU) Run Too Far After AI Memory Hype And 315% One‑Year Surge?

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.