Micron Technology (NASDAQ:MU) Trading 6.1% Higher Following Analyst Upgrade

Shares of Micron Technology, Inc. (NASDAQ:MU) were up 6.1% on Wednesday after Hsbc Global Res upgraded the stock to a strong-buy rating. The company traded as high as $438.94 and last traded at $435.28. Approximately 41,131,214 shares traded hands during trading, an increase of 14% from the average daily volume of 36,123,008 shares. The stock had previously closed at $410.24.

Other equities analysts have also issued reports about the company. Barclays increased their price target on Micron Technology from $275.00 to $450.00 and gave the company an “overweight” rating in a research note on Friday, January 16th. The Goldman Sachs Group upped their price objective on Micron Technology from $205.00 to $235.00 and gave the company a “neutral” rating in a report on Thursday, December 18th. UBS Group lifted their target price on Micron Technology from $300.00 to $400.00 and gave the stock a “buy” rating in a report on Wednesday, January 7th. TD Cowen boosted their price target on shares of Micron Technology from $300.00 to $450.00 and gave the stock a “buy” rating in a research report on Tuesday, January 20th. Finally, JPMorgan Chase & Co. raised their price objective on shares of Micron Technology from $220.00 to $350.00 and gave the company an “overweight” rating in a research report on Thursday, December 18th. Five research analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $349.76.

Insider Transactions at Micron Technology

In other Micron Technology news, Director Steven J. Gomo sold 5,000 shares of the business’s stock in a transaction that occurred on Friday, December 19th. The shares were sold at an average price of $263.63, for a total value of $1,318,150.00. Following the completion of the sale, the director directly owned 19,139 shares of the company’s stock, valued at $5,045,614.57. The trade was a 20.71% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Teyin M. Liu bought 11,600 shares of the stock in a transaction on Tuesday, January 13th. The shares were acquired at an average cost of $337.07 per share, for a total transaction of $3,910,012.00. Following the completion of the transaction, the director directly owned 14,310 shares of the company’s stock, valued at approximately $4,823,471.70. The trade was a 428.04% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last ninety days, insiders have acquired 23,200 shares of company stock valued at $7,821,723 and have sold 61,123 shares valued at $19,547,151. Corporate insiders own 0.24% of the company’s stock.

Key Stories Impacting Micron Technology

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

• Positive Sentiment: Analyst and market bulls argue the memory market has structurally shifted due to AI, extending supply tightness into 2027–2028 and supporting sustained HBM pricing and margins — a core bullish thesis for MU. Why This Micron Rally Holds
• Positive Sentiment: Micron’s CEO remains bullish on AI infrastructure demand and sees no near-term easing — management tone supports the view that revenue and margins can stay elevated. Think Micron Technology’s Stock May Have Peaked? This Is Why Its CEO Remains Bullish.
• Positive Sentiment: Samsung’s earnings commentary signaled a “golden era” for memory chips, reinforcing sector-wide optimism that benefits Micron as a top competitor. Sector confirmation from Samsung supports upside expectations for MU. Micron Stock Pops. Samsung Signals ‘Golden Era’ for Memory Chips.
• Positive Sentiment: Micron broke ground on a massive expansion in Singapore (about $24B over 10 years) to boost NAND capacity — a long-term growth and capacity play tied directly to AI/data-center demand. Micron (MU) Expands Manufacturing Footprint as AI Drives Long-Term Memory Demand
• Positive Sentiment: Analyst upgrades and price-target increases pushed MU to a new 12‑month high, reinforcing momentum trading and attracting fresh institutional interest. Micron Technology (NASDAQ:MU) Reaches New 12-Month High Following Analyst Upgrade
• Positive Sentiment: Multiple write-ups highlight AI-driven demand supporting Micron’s margin expansion — this is a key earnings catalyst investors are paying for. AI-Driven Demand Supports Micron Technology’s (MU) Margin Expansion
• Neutral Sentiment: Heavy put-option activity has been noted after a rapid run-up; this can indicate hedging/speculation rather than conviction and may increase near-term volatility. Unusual Put Options Activity In Micron Technology After MU Stock Doubles In 2 Months
• Negative Sentiment: At least one bearish analyst argues that after a big rally (from low levels), MU may be vulnerable to a pullback — a reminder that profit-taking and cyclical risk remain. Micron: I Was Bullish At $89, But At $400, It’s Time To Sell Before A Potential Bust Cycle
• Negative Sentiment: An insider (Manish Bhatia) sold ~26.6k shares recently — worth watching, though insider sales are not uncommon after strong run-ups. Manish Bhatia Sells 26,623 Shares of Micron Technology (NASDAQ:MU) Stock

Hedge Funds Weigh In On Micron Technology

Several institutional investors and hedge funds have recently added to or reduced their stakes in MU. Vanguard Group Inc. lifted its position in shares of Micron Technology by 1.9% during the 4th quarter. Vanguard Group Inc. now owns 106,608,094 shares of the semiconductor manufacturer’s stock worth $30,427,016,000 after buying an additional 1,954,644 shares during the period. State Street Corp raised its stake in Micron Technology by 0.6% during the third quarter. State Street Corp now owns 51,659,173 shares of the semiconductor manufacturer’s stock worth $8,643,613,000 after acquiring an additional 285,582 shares in the last quarter. Geode Capital Management LLC lifted its holdings in shares of Micron Technology by 1.2% during the second quarter. Geode Capital Management LLC now owns 25,690,491 shares of the semiconductor manufacturer’s stock valued at $3,152,974,000 after acquiring an additional 314,489 shares during the period. Capital International Investors boosted its stake in shares of Micron Technology by 0.7% in the 3rd quarter. Capital International Investors now owns 23,372,821 shares of the semiconductor manufacturer’s stock valued at $3,910,198,000 after purchasing an additional 155,860 shares in the last quarter. Finally, Norges Bank bought a new stake in shares of Micron Technology in the 2nd quarter worth about $1,980,700,000. 80.84% of the stock is currently owned by institutional investors.

Micron Technology Stock Up 0.1%

The firm has a market cap of $490.49 billion, a price-to-earnings ratio of 41.42 and a beta of 1.50. The business’s 50-day moving average is $297.17 and its 200-day moving average is $209.04. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.78 and a current ratio of 2.46.

Micron Technology (NASDAQ:MU) last posted its quarterly earnings data on Wednesday, December 17th. The semiconductor manufacturer reported $4.78 EPS for the quarter, topping analysts’ consensus estimates of $3.77 by $1.01. Micron Technology had a return on equity of 22.71% and a net margin of 28.15%.The company had revenue of $13.64 billion for the quarter, compared to analyst estimates of $12.62 billion. During the same quarter in the previous year, the firm earned $1.79 earnings per share. The business’s revenue was up 56.7% on a year-over-year basis. Micron Technology has set its Q2 2026 guidance at 8.220-8.620 EPS. On average, equities analysts predict that Micron Technology, Inc. will post 6.08 EPS for the current year.

Micron Technology Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 14th. Investors of record on Monday, December 29th were paid a dividend of $0.115 per share. This represents a $0.46 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend was Monday, December 29th. Micron Technology’s dividend payout ratio (DPR) is presently 4.37%.

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.