Citigroup Raises Micron Technology (NASDAQ:MU) Price Target to $430.00

Micron Technology (NASDAQ:MU) had its price target lifted by stock analysts at Citigroup from $385.00 to $430.00 in a note issued to investors on Monday,Benzinga reports. The firm currently has a “buy” rating on the semiconductor manufacturer’s stock. Citigroup’s price objective would suggest a potential upside of 6.67% from the company’s previous close.

Other research analysts have also issued reports about the stock. Wolfe Research upped their price objective on shares of Micron Technology from $300.00 to $350.00 and gave the stock an “outperform” rating in a report on Thursday, December 18th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Micron Technology in a research note on Thursday, January 29th. Wall Street Zen raised shares of Micron Technology from a “buy” rating to a “strong-buy” rating in a research note on Sunday, November 23rd. TD Cowen raised their price objective on shares of Micron Technology from $300.00 to $450.00 and gave the stock a “buy” rating in a report on Tuesday, January 20th. Finally, Cantor Fitzgerald lifted their price objective on Micron Technology from $350.00 to $450.00 and gave the company an “overweight” rating in a research report on Wednesday, January 14th. Six 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’s stock. According to MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of $381.14.

Micron Technology Trading Up 3.5%

MU opened at $403.11 on Monday. Micron Technology has a one year low of $61.54 and a one year high of $455.50. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.46 and a quick ratio of 1.78. The business has a 50 day simple moving average of $384.09 and a two-hundred day simple moving average of $267.51. The firm has a market capitalization of $453.70 billion, a price-to-earnings ratio of 38.32 and a beta of 1.50.

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

Insider Transactions at Micron Technology

In related news, Director Teyin M. Liu acquired 7,820 shares of the stock in a transaction on Wednesday, January 14th. The stock was acquired at an average price of $337.50 per share, for a total transaction of $2,639,250.00. Following the completion of the purchase, the director owned 25,910 shares of the company’s stock, valued at $8,744,625. This represents a 43.23% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Manish H. Bhatia sold 26,623 shares of the stock in a transaction on Thursday, January 22nd. The stock was sold at an average price of $391.04, for a total value of $10,410,657.92. Following the completion of the sale, the executive vice president directly owned 323,486 shares in the company, valued at approximately $126,495,965.44. This represents a 7.60% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders purchased 23,200 shares of company stock worth $7,821,723 and sold 73,623 shares worth $27,307,408. 0.24% of the stock is owned by company insiders.

Hedge Funds Weigh In On Micron Technology

Several large investors have recently modified their holdings of the stock. REAP Financial Group LLC purchased a new position in Micron Technology in the 3rd quarter worth approximately $25,000. High Note Wealth LLC boosted its stake in Micron Technology by 65.4% during the 4th quarter. High Note Wealth LLC now owns 86 shares of the semiconductor manufacturer’s stock valued at $25,000 after purchasing an additional 34 shares during the last quarter. Barnes Dennig Private Wealth Management LLC bought a new stake in shares of Micron Technology in the 3rd quarter worth $27,000. Elevation Wealth Partners LLC increased its holdings in shares of Micron Technology by 295.8% in the 4th quarter. Elevation Wealth Partners LLC now owns 95 shares of the semiconductor manufacturer’s stock worth $27,000 after purchasing an additional 71 shares in the last quarter. Finally, Steigerwald Gordon & Koch Inc. raised its stake in shares of Micron Technology by 4,800.0% in the fourth quarter. Steigerwald Gordon & Koch Inc. now owns 98 shares of the semiconductor manufacturer’s stock worth $28,000 after purchasing an additional 96 shares during the last quarter. Hedge funds and other institutional investors 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: Strong analyst support and big price‑target raises (Citigroup, Susquehanna, Stifel, Aletheia and others) have lifted sentiment and likely contributed to buying ahead of earnings. Should You Buy Micron Stock Before March 18? Citi Analysts Say Yes.
• Positive Sentiment: Market writeups highlight AI-driven memory demand, tight HBM supply and server DDR5 opportunity — fundamentals that underpin estimates of further revenue and margin upside. AI Bottlenecks: 3 Stocks Poised to Gain from the AI Buildout
• Positive Sentiment: Company milestones — shipping large‑capacity server LPDDR modules and expanding India assembly/testing — and partnership/expansion headlines are being cited as catalysts that support a higher valuation. Micron’s AI Memory Milestone And India Expansion Raise Valuation Questions
• Positive Sentiment: Pre‑earnings momentum and sector strength are drawing investors (multiple outlets note multi‑week gains and inclusion chatter around the S&P 100), prompting short‑term buying. Micron stock draws buzz on S&P 100 inclusion
• Neutral Sentiment: General bullish coverage and “why to like” pieces (Fool, Yahoo, 247Wall) are amplifying attention but mostly restate consensus drivers rather than new, stock‑moving data. Micron Technology: Analyzing Its Potential in a Booming Industry
• Neutral Sentiment: Macro noise (e.g., a deleted Energy Secretary tweet that roiled oil markets) increases intraday volatility risk but is not MU‑specific. Deleted Tweet From Energy Secretary Sends Oil Markets on Another Wild Ride
• Negative Sentiment: Product‑sourcing news: reports that NVIDIA chose Samsung and SK Hynix for next‑gen HBM4 could pressure Micron’s hopes for share gains in that specific HBM cycle. Nvidia Selects HBM4 Memory Suppliers
• Negative Sentiment: Critical takes and concern pieces warn about concentration, competition and market cyclicality (some articles call parts of the market “vulnerable” or point to stagnation), which could amplify pullbacks if guidance disappoints. This part of the market looks ’very vulnerable’ to a deeper pullback

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.