Micron Technology (NASDAQ:MU) Trading 9.9% Higher Following Analyst Upgrade

Micron Technology, Inc. (NASDAQ:MU)’s stock price traded up 9.9% on Wednesday after Morgan Stanley raised their price target on the stock from $350.00 to $450.00. Morgan Stanley currently has an overweight rating on the stock. Micron Technology traded as high as $414.16 and last traded at $410.34. 47,629,275 shares traded hands during trading, an increase of 24% from the average session volume of 38,518,184 shares. The stock had previously closed at $373.25.

MU has been the subject of several other research reports. Sanford C. Bernstein raised their target price on shares of Micron Technology from $270.00 to $330.00 and gave the stock an “outperform” rating in a report on Friday, January 2nd. Susquehanna lifted their price objective on Micron Technology from $200.00 to $300.00 and gave the company a “positive” rating in a research note on Monday, December 8th. Royal Bank Of Canada started coverage on Micron Technology in a research note on Thursday, January 15th. They issued an “outperform” rating and a $425.00 target price on the stock. Citigroup raised their target price on Micron Technology from $330.00 to $385.00 and gave the stock a “buy” rating in a report on Thursday, January 15th. Finally, Itau BBA Securities reissued an “outperform” rating on shares of Micron Technology in a report on Thursday, December 18th. Six investment analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of $353.21.

Insider Activity at Micron Technology

In related news, Director Teyin M. Liu acquired 11,600 shares of the firm’s stock in a transaction on Tuesday, January 13th. The shares were acquired at an average cost of $337.07 per share, with a total value of $3,910,012.00. Following the completion of the acquisition, the director directly owned 14,310 shares in the company, valued at approximately $4,823,471.70. This trade represents a 428.04% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Sumit Sadana sold 25,000 shares of the business’s stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $429.89, for a total transaction of $10,747,250.00. Following the sale, the executive vice president directly owned 248,021 shares of the company’s stock, valued at $106,621,747.69. This represents a 9.16% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders acquired 23,200 shares of company stock valued at $7,821,723 and sold 73,623 shares valued at $27,307,408. Insiders own 0.24% of the company’s stock.

Micron Technology News Summary

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

• Positive Sentiment: CFO and management said Micron’s next-gen HBM4 is in high‑volume production and shipments have begun — commentary that directly boosts AI revenue visibility and investor confidence. Micron’s stock pops. Here’s what an executive just said to calm nervous investors.
• Positive Sentiment: Management signaled demand significantly outpaces supply and that tightness could persist beyond 2026 — a structural supply/demand story that supports stronger pricing and margins for DRAM/HBM. Micron Technology Stock (MU) Opinions on CFO Supply-Demand Outlook
• Positive Sentiment: Street optimism is rising — several firms raised targets and issued bullish notes (TD Cowen set a $600 target; Morgan Stanley raised to $450), lifting sentiment and driving momentum. Micron Stock Gets a New Street-High $600 Target — TD Cowen Sees 55% Upside.
• Positive Sentiment: Operational progress on NAND and accelerated HBM4 timeline reports have supported the rally by indicating capacity and product roadmaps are on track to capture AI demand. Micron (MU) Stock Surges 10% on Accelerated HBM4 Chip Timeline
• Neutral Sentiment: Samsung says it has begun mass production and commercial shipments of HBM4 — this is a competitive development that keeps the market focused on execution and timing rather than changing the overall strong demand backdrop. Samsung Claims to Be First to Ship New Memory Chips. What It Means for Micron.
• Neutral Sentiment: Several market commentaries and deep-dive pieces ask whether Micron can sustain a supercycle-like run or become the “next NVIDIA” — useful context for valuation debates but not immediate catalysts. Is Micron Technology Stock the Next Nvidia?
• Negative Sentiment: A Seeking Alpha downgrade warns Micron may be “priced to perfection” — cautionary view on valuation that could prompt profit‑taking if growth or pricing cues soften. Micron Is Priced To Perfection In A Non-Perfect Market (Downgrade)
• Negative Sentiment: Notable insider and congressional selling has been reported (many exec sales), which some investors view as a governance/conviction red flag and can weigh on sentiment during a pullback. Micron Technology Stock (MU) Opinions on CFO Supply-Demand Outlook

Institutional Investors Weigh In On Micron Technology

Several hedge funds and other institutional investors have recently made changes to their positions in MU. Brighton Jones LLC raised its holdings in shares of Micron Technology by 18.3% during the 4th quarter. Brighton Jones LLC now owns 6,318 shares of the semiconductor manufacturer’s stock worth $532,000 after acquiring an additional 976 shares during the period. Sivia Capital Partners LLC increased its position in Micron Technology by 21.7% during the second quarter. Sivia Capital Partners LLC now owns 3,528 shares of the semiconductor manufacturer’s stock worth $435,000 after purchasing an additional 628 shares during the last quarter. Vest Financial LLC raised its stake in Micron Technology by 18.7% during the second quarter. Vest Financial LLC now owns 7,890 shares of the semiconductor manufacturer’s stock worth $972,000 after purchasing an additional 1,244 shares during the period. Axxcess Wealth Management LLC boosted its holdings in Micron Technology by 35.1% in the 2nd quarter. Axxcess Wealth Management LLC now owns 10,147 shares of the semiconductor manufacturer’s stock valued at $1,251,000 after purchasing an additional 2,635 shares during the last quarter. Finally, RFG Advisory LLC boosted its holdings in Micron Technology by 16.6% in the 2nd quarter. RFG Advisory LLC now owns 2,743 shares of the semiconductor manufacturer’s stock valued at $338,000 after purchasing an additional 391 shares during the last quarter. Institutional investors and hedge funds own 80.84% of the company’s stock.

Micron Technology Stock Performance

The firm’s 50 day moving average price is $331.49 and its two-hundred day moving average price is $228.99. The firm has a market cap of $465.93 billion, a PE ratio of 39.35 and a beta of 1.52. 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 released its quarterly earnings data on Wednesday, December 17th. The semiconductor manufacturer reported $4.78 EPS for the quarter, beating analysts’ consensus estimates of $3.77 by $1.01. The firm had revenue of $13.64 billion for the quarter, compared to analysts’ expectations of $12.62 billion. Micron Technology had a return on equity of 22.71% and a net margin of 28.15%.The firm’s quarterly revenue was up 56.7% on a year-over-year basis. During the same period in the prior year, the firm posted $1.79 earnings per share. Micron Technology has set its Q2 2026 guidance at 8.220-8.620 EPS. On average, research analysts forecast that Micron Technology, Inc. will post 6.08 earnings per share for the current year.

Micron Technology Dividend Announcement

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

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.