Micron Technology (NASDAQ:MU) Stock Price Expected to Rise, Mizuho Analyst Says

Micron Technology (NASDAQ:MU) had its price objective increased by Mizuho from $390.00 to $480.00 in a report issued on Tuesday,Benzinga reports. The firm currently has an “outperform” rating on the semiconductor manufacturer’s stock. Mizuho’s price target would indicate a potential upside of 10.27% from the company’s current price.

Several other brokerages have also commented on MU. Rosenblatt Securities reiterated a “buy” rating and issued a $500.00 price target on shares of Micron Technology in a research note on Tuesday, January 20th. 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. TD Cowen increased their target price on shares of Micron Technology from $300.00 to $450.00 and gave the company a “buy” rating in a research report on Tuesday, January 20th. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Micron Technology from $200.00 to $280.00 and gave the stock a “buy” rating in a research note on Tuesday, December 9th. Finally, Sanford C. Bernstein upped their price objective on shares of Micron Technology from $270.00 to $330.00 and gave the company an “outperform” rating in a research note on Friday, January 2nd. Five equities research analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of $349.76.

Micron Technology Stock Performance

Shares of MU stock opened at $435.28 on Tuesday. The company has a market cap of $489.91 billion, a P/E ratio of 41.38 and a beta of 1.50. The firm has a fifty day moving average price of $292.48 and a 200 day moving average price of $207.46. The company has a current ratio of 2.46, a quick ratio of 1.78 and a debt-to-equity ratio of 0.19. Micron Technology has a 12 month low of $61.54 and a 12 month high of $438.94.

Micron Technology (NASDAQ:MU) last announced its quarterly earnings results on Wednesday, December 17th. The semiconductor manufacturer reported $4.78 earnings per share (EPS) for the quarter, topping 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 return on equity of 22.71% and a net margin of 28.15%.Micron Technology’s revenue for the quarter was up 56.7% on a year-over-year basis. During the same period in the previous year, the business earned $1.79 EPS. Micron Technology has set its Q2 2026 guidance at 8.220-8.620 EPS. Sell-side analysts predict that Micron Technology will post 6.08 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, CAO Scott R. Allen sold 2,000 shares of the stock in a transaction dated Tuesday, January 6th. The shares were sold at an average price of $337.50, for a total transaction of $675,000.00. Following the completion of the sale, the chief accounting officer owned 38,237 shares in the company, valued at approximately $12,904,987.50. This represents a 4.97% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Steven J. Gomo sold 5,000 shares of the firm’s 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 transaction, the director directly owned 19,139 shares in the company, valued at approximately $5,045,614.57. This represents a 20.71% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders bought 23,200 shares of company stock valued at $7,821,723 and sold 61,123 shares valued at $19,547,151. 0.24% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Micron Technology

A number of hedge funds have recently added to or reduced their stakes in the company. Lebenthal Global Advisors LLC raised its stake in shares of Micron Technology by 0.6% during the 4th quarter. Lebenthal Global Advisors LLC now owns 5,728 shares of the semiconductor manufacturer’s stock worth $1,635,000 after buying an additional 35 shares in the last quarter. Cora Capital Advisors LLC purchased a new stake in shares of Micron Technology in the fourth quarter valued at approximately $222,000. N.E.W. Advisory Services LLC boosted its stake in shares of Micron Technology by 31.8% in the fourth quarter. N.E.W. Advisory Services LLC now owns 1,332 shares of the semiconductor manufacturer’s stock valued at $380,000 after buying an additional 321 shares in the last quarter. Diversified Enterprises LLC grew its holdings in Micron Technology by 24.3% during the fourth quarter. Diversified Enterprises LLC now owns 2,512 shares of the semiconductor manufacturer’s stock worth $717,000 after acquiring an additional 491 shares during the period. Finally, Wealth Science Advisors LLC purchased a new position in Micron Technology in the fourth quarter worth $575,000. Institutional investors and hedge funds 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: AI-driven demand and margin expansion: Investors are highlighting stronger pricing and margin leverage from AI/HBM demand, supporting a more bullish earnings outlook for Micron. AI-Driven Demand Supports Micron Technology’s Margin Expansion
• Positive Sentiment: Massive capacity commitment — $24B Singapore fab: Micron broke ground on an advanced wafer fab in Singapore (700k sq ft cleanroom, staged over ~10 years) to address long-term NAND/HBM shortages, signaling management’s confidence in sustained AI-driven demand. Micron Breaks Ground on Advanced Wafer Fabrication Facility in Singapore
• Positive Sentiment: Analyst upgrades and higher targets: Several brokers have raised targets and ratings (including a recent Mizuho raise), reinforcing buy-side momentum and fueling flows into the stock. Analyst Price Target Raises
• Positive Sentiment: Insider buying signal: A director purchase was reported recently, which investors interpret as a bullish insider vote of confidence. These 3 Stocks Just Saw Major Insider Moves—Time to Be Bullish or Bearish?
• Neutral Sentiment: Unusual put-option activity: Volume in out-of-the-money MU puts has spiked after the recent rally — could be protective hedging or speculative bearish bets; watch options flow for clues. Unusual Put Options Activity In Micron Technology
• Neutral Sentiment: Investor events / coverage: Micron executives will appear at conferences (Wolfe Research), which could add incremental clarity but are unlikely to change the near-term narrative unless new guidance is provided. Micron Announces Participation in Investor Event
• Negative Sentiment: Competitive risk — Samsung/Nvidia HBM supply deal: Reports that Samsung is ramping HBM4 for Nvidia are a direct competitive development that could pressure Micron’s near-term HBM pricing and share gains. Samsung Breaks Into Nvidia’s AI Memory Supply Chain
• Negative Sentiment: Insider selling: EVP Manish Bhatia sold ~26.6k shares recently; while not unusual for executives to rebalance, the sale is being noted by the market as a modest negative datapoint. SEC Filing: Insider Sale (Manish H. Bhatia)

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.