Micron Technology (NASDAQ:MU) Stock Falls 2.5% – Here’s What Happened

Posted by Geri Gentry on Nov 13th, 2026

Micron Technology, Inc. (NASDAQ:MU – Get Free Report)’s stock price dropped 2.5% during trading on Friday. The stock traded as low as $750.25 and last traded at $778.31. 27,527,044 shares traded hands during trading, a decline of 31% from the average session volume of 40,171,309 shares. The stock had previously closed at $798.44.

Micron Technology News Summary

These are some of the MU news items that stood out recently:

Positive Sentiment: Micron’s latest results were described as record-setting, and its outlook calls for roughly $61.5 billion in quarterly revenue. The company is also benefiting from tight memory supply and AI-related demand; one report notes sales grew about 380% year over year. Article: 3 Unstoppable Memory Stocks to Buy Hand Over Fist in 2027
Positive Sentiment: ETFs bought a net $137.7 million of Micron shares on Wednesday, indicating institutional fund buying, although this did not prevent the broader pullback. Article: ETFs Bought $137.7 Million of Micron (MU) on Wednesday
Neutral Sentiment: Micron’s recent sharp swings underscore that a recovery may depend on sustained memory pricing and improved market sentiment, not just strong earnings. Article: Micron Is Down 20% in a Month. What Will It Take to Get MU Stock Back to $1,000?

Wall Street Analyst Weigh In

MU has been the subject of several research analyst reports. Deutsche Bank restated a “buy” rating on shares of Micron Technology in a research note on Thursday, October 1st. Needham & Company LLC reiterated a “buy” rating and set a $1,650.00 target price on shares of Micron Technology in a research report on Thursday, October 22nd. Rosenblatt Securities reissued a “buy” rating and issued a $1,900.00 target price on shares of Micron Technology in a report on Thursday, October 22nd. Cantor Fitzgerald reissued an “overweight” rating and issued a $2,000.00 target price on shares of Micron Technology in a research report on Thursday, October 1st. Finally, Sanford C. Bernstein restated an “outperform” rating on shares of Micron Technology in a research note on Thursday, October 1st. One investment analyst has rated the stock with a Strong Buy rating, forty-one have given a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $1,407.88.

Get Our Latest Research Report on MU

Micron Technology Stock Down 2.5%

The company has a market capitalization of $880.60 billion, a PE ratio of 10.49, a P/E/G ratio of 0.14 and a beta of 2.36. The company has a current ratio of 3.31, a quick ratio of 2.94 and a debt-to-equity ratio of 0.03. The firm has a 50 day simple moving average of $947.33 and a two-hundred day simple moving average of $762.45.

Micron Technology (NASDAQ:MU – Get Free Report) last issued its quarterly earnings results on Wednesday, September 30th. The semiconductor manufacturer reported $33.42 earnings per share for the quarter, topping the consensus estimate of $31.77 by $1.65. Micron Technology had a return on equity of 92.62% and a net margin of 63.80%. The firm had revenue of $54.23 billion during the quarter, compared to the consensus estimate of $51.33 billion. During the same period last year, the company earned $3.03 earnings per share. The company’s revenue for the quarter was up 379.1% on a year-over-year basis. Micron Technology has set its Q1 2027 guidance at 37.150-39.150 EPS. Research analysts expect that Micron Technology, Inc. will post 174.19 EPS for the current year.

Micron Technology Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 29th. Shareholders of record on Wednesday, October 14th were given a dividend of $0.15 per share. The ex-dividend date was Wednesday, October 14th. This represents a $0.60 dividend on an annualized basis and a yield of 0.1%. Micron Technology’s dividend payout ratio is presently 0.81%.

Insider Transactions at Micron Technology

In other news, insider Scott Deboer sold 28,545 shares of the firm’s stock in a transaction on Friday, October 16th. The shares were sold at an average price of $900.00, for a total value of $25,690,500.00. Following the completion of the sale, the insider owned 147,430 shares in the company, valued at approximately $132,687,000. This trade represents a 16.22% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Sanjay Mehrotra sold 40,000 shares of Micron Technology stock in a transaction dated Friday, August 21st. The shares were sold at an average price of $968.90, for a total transaction of $38,756,000.00. Following the completion of the sale, the chief executive officer directly owned 264,503 shares in the company, valued at approximately $256,276,956.70. The trade was a 13.14% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 83,545 shares of company stock worth $78,460,850. Company insiders own 0.24% of the company’s stock.

Institutional Investors Weigh In On Micron Technology

Hedge funds have recently added to or reduced their stakes in the company. Bullseye Investment Management LLC purchased a new stake in Micron Technology during the second quarter worth about $27,000. Aventus Investment Advisors Inc. purchased a new position in Micron Technology in the third quarter valued at about $30,000. Steph & Co. purchased a new position in Micron Technology in the third quarter valued at about $31,000. Montgomery Financial Services LLC purchased a new position in Micron Technology in the second quarter valued at about $38,000. Finally, Bfsg LLC grew its position in shares of Micron Technology by 1,950.0% during the 3rd quarter. Bfsg LLC now owns 41 shares of the semiconductor manufacturer’s stock valued at $44,000 after acquiring an additional 39 shares during the period. Institutional investors and hedge funds own 80.84% of the company’s stock.

About Micron Technology

(Get Free Report)

Micron Technology is a semiconductor company that designs and manufactures memory and storage products. Its portfolio includes dynamic random-access memory (DRAM), NAND flash memory, NOR flash memory, solid-state drives, and other memory solutions used in computing and electronic devices. Micron’s products serve a range of markets, including data centers, personal computers, smartphones, automotive systems, and industrial applications. The company sells its products and solutions to customers around the world.