TD Cowen Increases Micron Technology (NASDAQ:MU) Price Target to $450.00

Micron Technology (NASDAQ:MU) had its target price upped by equities research analysts at TD Cowen from $300.00 to $450.00 in a research note issued on Tuesday, Marketbeat reports. The brokerage currently has a “buy” rating on the semiconductor manufacturer’s stock. TD Cowen’s price target would suggest a potential upside of 15.65% from the company’s previous close.

Several other equities research analysts also recently issued reports on MU. Wall Street Zen upgraded Micron Technology from a “buy” rating to a “strong-buy” rating in a report on Sunday, November 23rd. Stifel Nicolaus lifted their price objective on shares of Micron Technology from $195.00 to $300.00 and gave the stock a “buy” rating in a report on Friday, December 12th. BNP Paribas Exane upgraded shares of Micron Technology from an “underperform” rating to an “outperform” rating and set a $270.00 target price for the company in a report on Monday, October 13th. Mizuho boosted their price target on shares of Micron Technology from $290.00 to $390.00 and gave the stock an “outperform” rating in a report on Friday, January 9th. Finally, Bank of America upped their price objective on shares of Micron Technology from $300.00 to $400.00 and gave the stock a “buy” rating in a research report on Tuesday, January 13th. Four analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of $340.79.

Micron Technology Trading Up 6.6%

NASDAQ:MU opened at $389.11 on Tuesday. 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 one year low of $61.54 and a one year high of $394.20. The company has a market cap of $437.95 billion, a PE ratio of 36.99 and a beta of 1.50. The firm has a 50-day moving average of $275.45 and a 200-day moving average of $197.54.

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

Insider Activity at Micron Technology

In other Micron Technology news, EVP April S. Arnzen sold 15,000 shares of the stock in a transaction on Monday, December 22nd. The stock was sold at an average price of $277.09, for a total transaction of $4,156,350.00. Following the completion of the transaction, the executive vice president directly owned 165,618 shares of the company’s stock, valued at approximately $45,891,091.62. This represents a 8.30% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Sanjay Mehrotra sold 3,743 shares of the business’s stock in a transaction on Friday, November 7th. The shares were sold at an average price of $233.39, for a total value of $873,578.77. Following the completion of the sale, the chief executive officer owned 396,578 shares in the company, valued at approximately $92,557,339.42. The trade was a 0.93% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 287,500 shares of company stock worth $65,892,908 over the last 90 days. Corporate insiders own 0.24% of the company’s stock.

Institutional Investors Weigh In On Micron Technology

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. REAP Financial Group LLC bought a new position in Micron Technology during the third quarter worth about $25,000. First Command Advisory Services Inc. lifted its stake in shares of Micron Technology by 225.0% during the 2nd quarter. First Command Advisory Services Inc. now owns 221 shares of the semiconductor manufacturer’s stock valued at $27,000 after buying an additional 153 shares in the last quarter. Barnes Dennig Private Wealth Management LLC bought a new position in Micron Technology in the 3rd quarter worth approximately $27,000. Elevation Wealth Partners LLC grew 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 valued at $27,000 after buying an additional 71 shares in the last quarter. Finally, Howard Hughes Medical Institute bought a new stake in Micron Technology during the 2nd quarter valued at $30,000. 80.84% of the stock is currently owned by institutional investors.

Micron Technology News Roundup

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

• Positive Sentiment: Wall Street price-target upgrades and buy ratings are piling in, reinforcing bullish momentum and institutional demand; analysts cited AI/cloud memory strength and margin leverage when raising targets. Stifel Raises Micron Price Target
• Positive Sentiment: Micron’s strategic acquisition of a Taiwan fabrication site (reported ~$1.8B) and executive comments that AI customers are buying through product lines have convinced investors the company can lock in pricing power and secure supply for years. Why MU Stock is Surging
• Positive Sentiment: Company commentary and coverage note “100% sell-through” of certain AI memory products to large cloud/AI customers and continued fab/megafab expansion (New York groundbreaking), supporting sustained revenue and margin upside. Megafab Groundbreaking & Taiwan Deal
• Neutral Sentiment: Shareholders approved leadership/governance changes at the annual meeting, reducing activism risk and clearing the path for management’s strategic plans. Shareholders Back Governance Changes
• Neutral Sentiment: Technical/order-flow signals (Power Inflow alerts) and heavy retail/institutional chatter have amplified intraday momentum — helpful for short-term traders but adds volatility risk. Trading Signal Coverage
• Negative Sentiment: Short interest has grown materially in recent reporting, which can amplify volatility on any negative headlines or profit-taking. Short Interest Rises
• Negative Sentiment: Insider selling has been heavy (many senior execs recorded sales over the past 6 months), a datapoint some investors view as a caution even amid strong institutional buying. Insider Trading & Institutional Flows

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.