Micron Technology (NASDAQ:MU) Trading Up 7.7% After Analyst Upgrade

Shares of Micron Technology, Inc. (NASDAQ:MU) were up 7.7% during mid-day trading on Wednesday after UBS Group raised their price target on the stock from $510.00 to $535.00. UBS Group currently has a buy rating on the stock. Micron Technology traded as high as $416.00 and last traded at $406.73. Approximately 48,823,165 shares traded hands during mid-day trading, an increase of 19% from the average daily volume of 40,926,586 shares. The stock had previously closed at $377.58.

A number of other equities analysts have also issued reports on MU. Summit Insights lowered Micron Technology from a “buy” rating to a “hold” rating in a research note on Thursday, March 19th. Susquehanna raised their target price on Micron Technology from $345.00 to $525.00 and gave the stock a “positive” rating in a research note on Monday, March 9th. HSBC raised their target price on Micron Technology from $350.00 to $500.00 and gave the stock a “buy” rating in a research note on Friday, January 23rd. Wedbush raised their target price on Micron Technology from $320.00 to $500.00 and gave the stock an “outperform” rating in a research note on Friday, March 13th. Finally, KeyCorp raised their target price on Micron Technology from $450.00 to $600.00 and gave the stock an “overweight” rating in a research note on Thursday, March 19th. Five investment analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of $464.61.

Insiders Place Their Bets

In other news, EVP Sumit Sadana sold 25,000 shares of the firm’s stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $429.89, for a total transaction of $10,747,250.00. Following the sale, the executive vice president directly owned 248,021 shares in the company, valued at $106,621,747.69. This trade represents a 9.16% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 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 value of $13,895,600.00. Following the sale, the executive vice president owned 125,737 shares in the company, valued at $43,679,776.43. This trade represents a 24.13% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have bought 23,200 shares of company stock valued at $7,821,723 and have sold 91,623 shares valued at $35,053,508. Company insiders own 0.24% of the company’s stock.

More Micron Technology News

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

• Positive Sentiment: UBS raised its price target on MU and reiterated a Buy, fueling buying interest and headline-driven momentum. Analyst sets Micron stock price target
• Positive Sentiment: High-profile analysts (KeyBanc / John Vinh) remain bullish with very high price targets (one named $600), reinforcing a strong buy narrative among growth and AI-focused investors. 5-star analyst makes a bold call on micron stock
• Positive Sentiment: DRAM and HBM pricing has turned sharply stronger (tight supply for AI memory), boosting revenue/margin outlooks for Micron and lifting sentiment across the memory complex. Why Is Micron Technology Stock Gaining Wednesday?
• Positive Sentiment: Micron is expanding capacity in Taiwan via the P5 site acquisition and new cleanroom projects to capture long-term AI memory demand — a strategic move that supports revenue growth expectations. Micron Expands Taiwan DRAM Footprint To Capture Long Term AI Demand
• Positive Sentiment: Market technicals and flow: institutional buying has spiked (MarketBeat notes heavy accumulation and a “bottom” signal), which amplifies rallies when analyst sentiment turns favorable. The Bottom Is in for Micron Stock: 3 Signals to Buy Now
• Neutral Sentiment: Micron made a strategic investment in SiMa.ai to deepen edge/Physical AI collaborations — positive for long-term product integration but not an immediate revenue driver. SiMa.ai Secures Strategic Investment from Micron
• Neutral Sentiment: Erste Group slightly raised FY2026–FY2027 EPS estimates but moved its rating to Hold — small model tweaks that are supportive on the margins but temper some of the enthusiasm. Erste Group updates on Micron estimates
• Negative Sentiment: Cyclical risk and crowded positioning: some analysts warn the rally could be a crowded bet and that memory demand can be volatile — a pullback would hurt heavily levered momentum trades. Micron Technology: Crowded Bet On A Cyclical High

Institutional Investors Weigh In On Micron Technology

A number of institutional investors have recently modified their holdings of the business. Manning & Napier Advisors LLC boosted its holdings in Micron Technology by 2.4% in the 4th quarter. Manning & Napier Advisors LLC now owns 1,030 shares of the semiconductor manufacturer’s stock worth $301,000 after buying an additional 24 shares during the last quarter. SWAN Capital LLC boosted its holdings in Micron Technology by 9.7% in the 4th quarter. SWAN Capital LLC now owns 271 shares of the semiconductor manufacturer’s stock worth $77,000 after buying an additional 24 shares during the last quarter. Vivaldi Capital Management LP boosted its holdings in Micron Technology by 1.2% in the 4th quarter. Vivaldi Capital Management LP now owns 1,964 shares of the semiconductor manufacturer’s stock worth $561,000 after buying an additional 24 shares during the last quarter. Round Rock Advisors LLC boosted its holdings in Micron Technology by 0.6% in the 4th quarter. Round Rock Advisors LLC now owns 4,333 shares of the semiconductor manufacturer’s stock worth $1,237,000 after buying an additional 25 shares during the last quarter. Finally, Arlington Trust Co LLC boosted its holdings in Micron Technology by 26.3% in the 4th quarter. Arlington Trust Co LLC now owns 120 shares of the semiconductor manufacturer’s stock worth $34,000 after buying an additional 25 shares during the last quarter. 80.84% of the stock is currently owned by institutional investors and hedge funds.

Micron Technology Trading Up 7.7%

The company has a current ratio of 2.90, a quick ratio of 2.32 and a debt-to-equity ratio of 0.13. The company has a market capitalization of $458.68 billion, a price-to-earnings ratio of 19.20 and a beta of 1.60. The company has a fifty day moving average of $402.23 and a 200-day moving average of $303.88.

Micron Technology Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Monday, March 30th will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 0.1%. The ex-dividend date is Monday, March 30th. This is a positive change from Micron Technology’s previous quarterly dividend of $0.12. Micron Technology’s payout ratio is presently 2.83%.

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.