Micron Technology (NASDAQ:MU – Get Free Report) had its target price hoisted by investment analysts at Mizuho from $740.00 to $800.00 in a note issued to investors on Tuesday,Benzinga reports. The firm currently has an “outperform” rating on the semiconductor manufacturer’s stock. Mizuho’s price target indicates a potential upside of 17.38% from the company’s previous close.
Other equities research analysts also recently issued reports about the company. HSBC increased their price target on Micron Technology from $350.00 to $500.00 and gave the stock a “buy” rating in a research report on Friday, January 23rd. Morgan Stanley upped their target price on Micron Technology from $350.00 to $450.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 11th. Wedbush raised their target price on Micron Technology from $320.00 to $500.00 and gave the stock an “outperform” rating in a report on Friday, March 13th. Deutsche Bank Aktiengesellschaft lifted their price target on Micron Technology from $500.00 to $550.00 and gave the company a “buy” rating in a research report on Thursday, March 19th. Finally, KeyCorp boosted their price target on Micron Technology from $450.00 to $600.00 and gave the company an “overweight” rating in a report on Thursday, March 19th. Five research analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of $504.63.
View Our Latest Stock Report on MU
Micron Technology Trading Down 6.0%
Insiders Place Their Bets
In other Micron Technology news, Director Steven J. Gomo sold 2,000 shares of the firm’s stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $787.03, for a total value of $1,574,060.00. Following the sale, the director directly owned 17,139 shares of the company’s stock, valued at approximately $13,488,907.17. This trade represents a 10.45% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Sumit Sadana sold 24,000 shares of the business’s stock in a transaction that occurred on Friday, April 10th. The shares were sold at an average price of $421.35, for a total value of $10,112,400.00. Following the completion of the sale, the executive vice president owned 224,021 shares of the company’s stock, valued at $94,391,248.35. This trade represents a 9.68% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 106,000 shares of company stock worth $47,032,460. Company insiders own 0.24% of the company’s stock.
Institutional Investors Weigh In On Micron Technology
Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Norges Bank acquired a new position in shares of Micron Technology during the 4th quarter worth about $6,433,456,000. AQR Capital Management LLC boosted its holdings in Micron Technology by 411.9% in 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 during the last quarter. Arrowstreet Capital Limited Partnership increased its stake in Micron Technology by 1,340.6% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 2,820,986 shares of the semiconductor manufacturer’s stock worth $805,148,000 after buying an additional 2,625,169 shares in the last quarter. Amundi raised its holdings in shares of Micron Technology by 65.0% during 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 during the last quarter. Finally, Vanguard Group Inc. raised its holdings in shares of Micron Technology by 1.9% during the fourth quarter. Vanguard Group Inc. now owns 106,608,094 shares of the semiconductor manufacturer’s stock valued at $30,427,016,000 after acquiring an additional 1,954,644 shares during the last quarter. Hedge funds and other institutional investors own 80.84% of the company’s stock.
Micron Technology News Summary
Here are the key news stories impacting Micron Technology this week:
- Positive Sentiment: Several articles highlight strong AI-driven demand for Micron’s memory and storage chips, including HBM shortages and improving pricing power, which supports the bullish case for revenue and margin growth. Missed NVIDIA? This AI Stock Up 600%+ Could Be the Biggest 2026 Winner
- Positive Sentiment: Micron is still being viewed as one of the major beneficiaries of the AI hardware boom, and investor interest remains elevated after the stock’s huge multi-month gain. Nvidia and Micron Are Leading the AI Rally – But One Stock Is Pulling Ahead on Wall Street
- Positive Sentiment: Speculation that rival Samsung could face labor disruptions has raised hopes for tighter memory-chip supply, which would be favorable for Micron pricing and margins. Micron Stock Rises as Samsung Strike Spikes Fears Over Memory-Chips Shortage
- Positive Sentiment: Some investors are also pointing to Micron as a high-momentum AI stock, with articles arguing the shares still have upside despite a large rally. Is Micron Stock Expensive at $725? Here’s the Math on Why Shares Are Still Dirt Cheap.
- Neutral Sentiment: Micron is also showing up in articles about hedge fund and billionaire portfolio moves, which may keep the stock in focus but does not directly change the fundamentals. Billionaire Stanley Druckenmiller Dumped Google Parent Alphabet and Piled Into a Trio of Skyrocketing Memory and Storage Stocks
- Negative Sentiment: Recent coverage says Micron fell as investors worried about memory-market cyclicality, valuation after a steep AI rally, and broader semiconductor weakness, which helps explain the stock’s recent decline. Stock Market Today, May 18: Micron Falls as Memory Concerns Test AI Rally
- Negative Sentiment: Other reports echoed concerns that the stock’s recent drop was tied to questions about AI memory demand durability and possible China-related risk exposure. Why is Micron stock falling 7% today?
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.
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