UBS Group Boosts Micron Technology (NASDAQ:MU) Price Target to $400.00

Micron Technology (NASDAQ:MU) had its target price upped by equities research analysts at UBS Group from $300.00 to $400.00 in a report released on Wednesday, Marketbeat Ratings reports. The firm currently has a “buy” rating on the semiconductor manufacturer’s stock. UBS Group’s target price suggests a potential upside of 22.32% from the company’s previous close.

MU has been the topic of several other reports. Bank of America raised Micron Technology from a “neutral” rating to a “buy” rating and increased their target price for the stock from $250.00 to $300.00 in a report on Thursday, December 18th. Mizuho upped their price objective on shares of Micron Technology from $270.00 to $290.00 and gave the stock an “outperform” rating in a research report on Thursday, December 18th. Stifel Nicolaus raised their target price on shares of Micron Technology from $195.00 to $300.00 and gave the company a “buy” rating in a report on Friday, December 12th. The Goldman Sachs Group boosted their target price on shares of Micron Technology from $205.00 to $235.00 and gave the company a “neutral” rating in a research report on Thursday, December 18th. Finally, Barclays increased their price target on shares of Micron Technology from $240.00 to $275.00 and gave the stock an “overweight” rating in a research report on Thursday, December 18th. Five equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of $292.00.

Micron Technology Stock Performance

Shares of NASDAQ:MU opened at $327.02 on Wednesday. The company’s 50 day moving average price is $254.46 and its two-hundred day moving average price is $182.69. Micron Technology has a 12-month low of $61.54 and a 12-month high of $346.30. The firm has a market cap of $368.06 billion, a PE ratio of 31.09, a PEG ratio of 0.21 and a beta of 1.50. 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 (NASDAQ:MU) last released its quarterly earnings results on Wednesday, December 17th. The semiconductor manufacturer reported $4.78 earnings per share for the quarter, beating analysts’ consensus estimates of $3.77 by $1.01. The company had revenue of $13.64 billion during the quarter, compared to the consensus estimate of $12.62 billion. Micron Technology had a net margin of 28.15% and a return on equity of 22.71%. The firm’s quarterly revenue was up 56.7% on a year-over-year basis. During the same period in the previous year, the business earned $1.79 earnings per share. Micron Technology has set its Q2 2026 guidance at 8.220-8.620 EPS. Equities research analysts predict that Micron Technology will post 6.08 earnings per share for the current year.

Insider Transactions at Micron Technology

In related news, CAO Scott R. Allen sold 2,000 shares of the firm’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 sale, the chief accounting officer owned 38,237 shares of the company’s stock, valued at $12,904,987.50. This trade represents a 4.97% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CFO Mark J. Murphy sold 126,000 shares of the business’s stock in a transaction on Thursday, October 30th. The stock was sold at an average price of $225.31, for a total value of $28,389,060.00. Following the sale, the chief financial officer owned 219,693 shares in the company, valued at $49,499,029.83. This represents a 36.45% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 318,800 shares of company stock valued at $72,333,387. Corporate insiders own 0.24% of the company’s stock.

Institutional Trading of Micron Technology

Hedge funds have recently made changes to their positions in the company. REAP Financial Group LLC acquired a new position in shares of Micron Technology in the third quarter valued at approximately $25,000. First Command Advisory Services Inc. grew its holdings in Micron Technology by 225.0% during the 2nd quarter. First Command Advisory Services Inc. now owns 221 shares of the semiconductor manufacturer’s stock worth $27,000 after acquiring an additional 153 shares during the last quarter. Barnes Dennig Private Wealth Management LLC acquired a new position in Micron Technology in the 3rd quarter valued at approximately $27,000. Howard Hughes Medical Institute bought a new position in shares of Micron Technology during the second quarter valued at $30,000. Finally, AlphaQuest LLC lifted its holdings in shares of Micron Technology by 13,250.0% during the second quarter. AlphaQuest LLC now owns 267 shares of the semiconductor manufacturer’s stock worth $33,000 after purchasing an additional 265 shares during the period. 80.84% of the stock is owned by institutional investors and hedge funds.

Micron Technology News Roundup

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

• Positive Sentiment: Company fundamentals and AI demand remain very strong: recent results showed a large revenue and EPS beat and management set lofty FY26 guidance that signals robust AI-driven memory demand and premium pricing power. Earnings & guidance
• Positive Sentiment: Analysts are raising targets and estimates on supply tightness for DRAM/HBM — UBS and Piper Sandler boosted targets toward $400 and firms are increasing 2026–27 EPS forecasts, supporting upside case. Analyst price-target hikes
• Positive Sentiment: Macro/industry confirmation of a memory supercycle — multiple outlets and brokers (JP Morgan, Piper) highlight an extended DRAM/HBM supply squeeze as AI demand outpaces capacity, which should support pricing and margins. JP Morgan / pricing power
• Neutral Sentiment: Broader market pullback and profit-taking are weighing on the stock today even though company-specific news remains positive — traders are trimming winners after a big 2025 rally. Market pullback
• Negative Sentiment: Some technical/valuation concerns and calls of “overbought” increase near-term downside risk — strategists warn momentum could invite selling after sharp gains. Overbought warning
• Negative Sentiment: Analyst divergence: at least one high-profile note trimmed a previously aggressive target, adding short-term headline risk and giving some investors cause to reweight. Analyst cuts
• Negative Sentiment: Insider selling: Micron’s CAO sold 2,000 shares (~$675k) recently, a small but visible insider sale that can be cited by short-term traders as a reason to pare exposure. SEC filing

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.