Micron Technology, Inc. (NASDAQ:MU) Given Consensus Rating of “Buy” by Brokerages

Shares of Micron Technology, Inc. (NASDAQ:MU) have been assigned a consensus rating of “Buy” from the thirty-seven research firms that are currently covering the firm, MarketBeat reports. Three equities research analysts have rated the stock with a hold recommendation, twenty-nine have given a buy recommendation and five have assigned a strong buy recommendation to the company. The average twelve-month target price among analysts that have covered the stock in the last year is $466.75.

A number of brokerages have commented on MU. Bank of America lifted their target price on Micron Technology from $400.00 to $500.00 and gave the company a “buy” rating in a research note on Thursday, March 19th. Sanford C. Bernstein raised their price target on Micron Technology from $330.00 to $510.00 and gave the stock an “outperform” rating in a report on Wednesday, March 18th. Wells Fargo & Company boosted their price objective on Micron Technology from $470.00 to $550.00 and gave the company an “overweight” rating in a research report on Thursday, March 19th. Deutsche Bank Aktiengesellschaft upped their price objective on Micron Technology from $500.00 to $550.00 and gave the stock a “buy” rating in a research note on Thursday, March 19th. Finally, HSBC raised their target price on Micron Technology from $350.00 to $500.00 and gave the company a “buy” rating in a research note on Friday, January 23rd.

Insider Activity

In related news, EVP Sumit Sadana sold 25,000 shares of the firm’s stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $429.89, for a total value of $10,747,250.00. Following the sale, the executive vice president directly owned 248,021 shares in the company, valued at $106,621,747.69. This trade represents a 9.16% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Manish H. Bhatia sold 26,623 shares of the business’s 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 transaction, the executive vice president owned 323,486 shares of the company’s stock, valued at $126,495,965.44. This trade represents a 7.60% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have bought 23,200 shares of company stock worth $7,821,723 and have sold 53,623 shares worth $21,832,908. Insiders own 0.24% of the company’s stock.

Institutional Investors Weigh In On Micron Technology

Hedge funds and other institutional investors have recently modified their holdings of the stock. Norges Bank bought a new position in Micron Technology in the 4th quarter valued at about $6,433,456,000. AQR Capital Management LLC raised its position in shares of Micron Technology by 411.9% during the 3rd quarter. AQR Capital Management LLC now owns 3,627,022 shares of the semiconductor manufacturer’s stock worth $606,873,000 after buying an additional 2,918,535 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its stake in shares of Micron Technology by 1,340.6% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 2,820,986 shares of the semiconductor manufacturer’s stock worth $805,148,000 after acquiring an additional 2,625,169 shares during the period. Slate Path Capital LP acquired a new stake in shares of Micron Technology in the 2nd quarter worth approximately $317,751,000. Finally, Amundi boosted its holdings in shares of Micron Technology by 65.0% in the fourth quarter. Amundi now owns 4,989,400 shares of the semiconductor manufacturer’s stock valued at $1,424,025,000 after acquiring an additional 1,965,319 shares in the last quarter. 80.84% of the stock is currently owned by institutional investors.

Micron Technology Trading Down 7.0%

NASDAQ MU opened at $355.43 on Friday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.32 and a current ratio of 2.90. Micron Technology has a one year low of $61.54 and a one year high of $471.34. The company has a 50-day simple moving average of $406.31 and a 200-day simple moving average of $290.29. The firm has a market capitalization of $400.83 billion, a PE ratio of 16.78 and a beta of 1.50.

Micron Technology Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Monday, March 30th will be paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend is Monday, March 30th. This is a positive change from Micron Technology’s previous quarterly dividend of $0.12. Micron Technology’s dividend payout ratio (DPR) is presently 2.17%.

Key Headlines Impacting Micron Technology

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

• Positive Sentiment: Wall Street remains constructive: Micron has been one of the most upgraded names in 2026 with elevated price targets and a bullish analyst consensus that suggests meaningful upside from current levels. MarketBeat: Analyst Optimism — Most Upgraded Stocks of 2026
• Positive Sentiment: Fundamentals remain strong: management reported a blockbuster quarter with revenue and margin expansion driven by AI/DRAM demand and HBM shortages, supporting long‑term earnings upside. 24/7 Wall St.: Micron’s Future Hinges on 2 Emerging Challenges
• Neutral Sentiment: Balance‑sheet action: Micron launched cash tender offers to buy back multiple series of senior notes (offers expire March 31), a debt‑management move that reduces outstanding debt but may create short‑term noise around cash use and capital allocation. GlobeNewswire: Micron Announces Cash Tender Offers
• Negative Sentiment: New AI compression research from Google raised fears that LLMs could require far less memory (reports cite up to ~6x reduction), directly threatening future DRAM/HBM demand assumptions for data‑center customers. CNBC: Google AI breakthrough pressures memory chip stocks
• Negative Sentiment: Demand/order concerns and downgrades: analysts and note‑writers flagged potential softness in DRAM orders, concentration risk among large buyers and the possibility that some orders were front‑loaded — prompting downgrades and caution. Seeking Alpha: Micron — Softness in DRAM Orders (Downgrade)
• Negative Sentiment: Quant and technical selling amplified the pullback: chart weakness and algorithmic strategies (reported in market commentary) have hit memory names, accelerating profit‑taking after a multi‑hundred‑percent rally. Barron’s: Semiconductor Stocks Are Losing Momentum — Nvidia and Micron Charts
• Negative Sentiment: Broader market pressure: geopolitical headlines and a risk‑off move (oil surge, market declines) weighed on cyclical and tech names, contributing to intraday weakness in Micron alongside peers. Yahoo Finance: Stock Market Today — Dow Drops; Micron Tumbles

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.