Mizuho Raises Micron Technology (NASDAQ:MU) Price Target to $530.00

Micron Technology (NASDAQ:MU) had its target price lifted by equities researchers at Mizuho from $480.00 to $530.00 in a note issued to investors on Thursday,Benzinga reports. The brokerage currently has an “outperform” rating on the semiconductor manufacturer’s stock. Mizuho’s target price would indicate a potential upside of 18.90% from the company’s current price.

MU has been the subject of a number of other reports. Barclays upped their target price on shares of Micron Technology from $450.00 to $675.00 and gave the company an “overweight” rating in a report on Thursday. Stifel Nicolaus boosted 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. Needham & Company LLC lifted their price objective on shares of Micron Technology from $450.00 to $500.00 and gave the stock a “buy” rating in a research note on Thursday. Susquehanna raised their price target on Micron Technology from $345.00 to $525.00 and gave the stock a “positive” rating in a research report on Monday, March 9th. Finally, Wedbush upped their price objective on Micron Technology from $320.00 to $500.00 and gave the company an “outperform” rating in a research report on Friday, March 13th. Five research analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, Micron Technology currently has a consensus rating of “Buy” and an average target price of $446.66.

Micron Technology Trading Down 3.5%

Shares of NASDAQ MU traded down $15.96 during mid-day trading on Thursday, hitting $445.77. The stock had a trading volume of 57,209,655 shares, compared to its average volume of 36,943,746. Micron Technology has a 1 year low of $61.54 and a 1 year high of $471.34. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.78 and a current ratio of 2.46. The business has a 50 day moving average price of $398.74 and a two-hundred day moving average price of $279.79. The firm has a market cap of $501.72 billion, a P/E ratio of 42.37 and a beta of 1.50.

Micron Technology (NASDAQ:MU) last announced its earnings results on Wednesday, March 18th. The semiconductor manufacturer reported $12.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $8.50 by $3.70. Micron Technology had a return on equity of 22.71% and a net margin of 28.15%.The firm had revenue of $23.86 billion during the quarter, compared to analyst estimates of $18.90 billion. During the same quarter in the prior year, the company earned $1.56 EPS. The business’s revenue was up 196.3% compared to the same quarter last year. On average, equities analysts anticipate that Micron Technology will post 6.08 EPS for the current fiscal year.

Insider Buying and Selling at Micron Technology

In related news, Director Teyin M. Liu purchased 11,600 shares of Micron Technology stock in a transaction on Tuesday, January 13th. The shares were bought at an average price of $337.07 per share, with a total value of $3,910,012.00. Following the transaction, the director directly owned 14,310 shares of the company’s stock, valued at approximately $4,823,471.70. This trade represents a 428.04% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Steven J. Gomo sold 5,000 shares of Micron Technology stock in a transaction dated 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 sale, the director directly owned 19,139 shares of the company’s stock, valued at $5,045,614.57. This trade represents a 20.71% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have bought 23,200 shares of company stock worth $7,821,723 and have sold 73,623 shares worth $27,307,408. 0.24% of the stock is currently owned by insiders.

Institutional Trading of Micron Technology

A number of institutional investors have recently added to or reduced their stakes in the stock. High Note Wealth LLC grew its stake in Micron Technology by 65.4% in the 4th 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 increased 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 buying an additional 71 shares during the period. Steigerwald Gordon & Koch Inc. grew its stake in shares of Micron Technology by 4,800.0% in the fourth quarter. Steigerwald Gordon & Koch Inc. now owns 98 shares of the semiconductor manufacturer’s stock worth $28,000 after purchasing an additional 96 shares in the last quarter. Bayban acquired a new stake in Micron Technology in the fourth quarter worth approximately $29,000. Finally, Joseph Group Capital Management acquired a new position in shares of Micron Technology in the 4th quarter worth approximately $31,000. Hedge funds and other institutional investors own 80.84% of the company’s stock.

More Micron Technology News

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

• Positive Sentiment: Blowout quarter: Micron reported record Q2 revenue and EPS well above consensus (triple‑digit revenue growth and a large EPS beat), and issued very strong Q3 guidance reflecting continued AI-driven memory demand. Zacks: MU Q2 Earnings Crush Estimates
• Positive Sentiment: Wall Street bullishness and price‑target lifts: Multiple analysts raised ratings and targets (including very large raises from Barclays, Citigroup, UBS, Deutsche Bank, Wells Fargo and others), signaling a strong consensus for multi‑year upside based on AI/HBM demand. FinBold: Street‑High $675 PT
• Positive Sentiment: Product & capacity tailwinds: Micron is ramping HBM4 and new PCIe Gen6 SSDs for AI data centers and has said much of 2026 supply is sold out — supporting pricing power and structural revenue growth. Yahoo Finance: HBM4 & PCIe Gen6
• Positive Sentiment: Shareholder returns: Micron raised its quarterly dividend by ~30%, a sign of strong free cash flow generation in the quarter. Seeking Alpha: Dividend Increase
• Neutral Sentiment: Macro & market context: broader risk‑off intraday flows and caution around interest‑rate and geopolitical headlines are making traders more likely to trim high‑beta winners after big runs, moderating immediate upside. CNBC: Market Headlines
• Negative Sentiment: Hefty capex plans spook investors: Management flagged a meaningful step‑up in capital spending to expand capacity for AI memory, and traders are concerned the higher investment will pressure near‑term free cash flow and limit margins despite strong revenue. Reuters: Spending Plans Eclipse Earnings
• Negative Sentiment: “Sell‑the‑news” / profit taking and valuation: MU has already run several hundred percent in the past year; some investors trimmed positions after the release, leaving the stock vulnerable to short‑term pullbacks despite bullish fundamentals. MarketWatch: Why Stock Is Sliding
• Negative Sentiment: Margin peak & pricing dynamics concerns: Several commentators and analysts noted the potential for pricing/margin inflection as supply grows or customers push for multi‑year deals; that uncertainty is tempering enthusiasm. Investopedia: Why Shares Sliding
• Negative Sentiment: Geopolitical & supply risks: Energy infrastructure attacks and regional tensions (e.g., damage to Qatar facilities) are cited as additional short‑term bearish catalysts because they can affect data‑center energy costs and production logistics. Invezz: Qatar Attack Risk

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.