Micron Technology (NASDAQ:MU) Stock Price Up 3.7% After Analyst Upgrade

Micron Technology, Inc. (NASDAQ:MU)’s stock price shot up 3.7% during trading on Monday after TD Cowen raised their price target on the stock from $450.00 to $500.00. TD Cowen currently has a buy rating on the stock. Micron Technology traded as high as $454.86 and last traded at $441.80. 42,189,797 shares were traded during mid-day trading, an increase of 17% from the average session volume of 36,005,496 shares. The stock had previously closed at $426.13.

MU has been the topic of several other research reports. Royal Bank Of Canada upped their price objective on Micron Technology from $425.00 to $525.00 and gave the company an “outperform” rating in a research note on Monday. Citigroup upped their price target on Micron Technology from $385.00 to $430.00 and gave the company a “buy” rating in a research report on Monday, March 9th. Wall Street Zen upgraded Micron Technology from a “buy” rating to a “strong-buy” rating in a research note on Sunday, November 23rd. KeyCorp lifted their price objective on shares of Micron Technology from $325.00 to $450.00 and gave the stock an “overweight” rating in a report on Tuesday, January 13th. Finally, Morgan Stanley increased their target price on shares of Micron Technology from $350.00 to $450.00 and gave the stock an “overweight” rating in a report on Wednesday, February 11th. Six investment analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of $394.59.

Insiders Place Their Bets

In related news, CAO Scott R. Allen sold 2,000 shares of the business’s stock in a transaction that occurred on Tuesday, January 6th. The stock was sold at an average price of $337.50, for a total transaction of $675,000.00. Following the completion of the transaction, the chief accounting officer owned 38,237 shares in the company, valued at $12,904,987.50. The trade was a 4.97% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Sumit Sadana sold 25,000 shares of the business’s stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $429.89, for a total value of $10,747,250.00. Following the transaction, the executive vice president owned 248,021 shares of the company’s stock, valued at $106,621,747.69. This represents a 9.16% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have purchased 23,200 shares of company stock worth $7,821,723 and have sold 73,623 shares worth $27,307,408. Company insiders own 0.24% of the company’s stock.

Micron Technology News Roundup

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

• Positive Sentiment: Micron completed the acquisition of Powerchip’s Tongluo P5 site in Taiwan and unveiled plans to build a second facility there, adding ~300k sq ft of cleanroom space now and another ~270k later — a multi‑year capacity boost targeted at AI DRAM/HBM demand. Micron Completes Acquisition (GlobeNewswire)
• Positive Sentiment: Major brokers bumped targets and reiterated buys (RBC to $525, TD Cowen to $500 and others), lifting sentiment and increasing the size of the potential upside baked into the stock. Analyst Targets Lifted (Schaeffers)
• Positive Sentiment: Analysts and previews expect a large AI‑driven DRAM revenue beat (estimates of ~145% YoY DRAM revenue growth for Q2), making earnings and forward guidance a likely positive catalyst. AI Demand / DRAM Revenue Preview (Zacks)
• Neutral Sentiment: Broader market tailwinds (risk‑on tone after easing geopolitical headlines and a rally in tech) are amplifying gains in high‑beta semiconductor names like Micron. Market Tailwinds (Yahoo Finance)
• Neutral Sentiment: Large institutional flows are mixed — some funds added material stakes (BlackRock, Norges) while others trimmed positions — which can accentuate volatility around news and earnings. Institutional Flows & Market Commentary (QuiverQuant)
• Negative Sentiment: Heavy insider selling has been reported in recent months (many executive sales), which some investors view as a governance or timing concern. Insider Trading Details (QuiverQuant)
• Negative Sentiment: Not all research is bullish — at least one note flags risk of an earlier‑than‑expected memory downcycle, which would pressure prices and margins if demand slips. Downcycle Risk (Seeking Alpha)

Institutional Trading of Micron Technology

Large investors have recently modified their holdings of the company. Orleans Capital Management Corp LA acquired a new position in Micron Technology during the second quarter worth about $256,000. iA Global Asset Management Inc. lifted its holdings in Micron Technology by 18.7% in the 3rd quarter. iA Global Asset Management Inc. now owns 146,890 shares of the semiconductor manufacturer’s stock valued at $24,578,000 after acquiring an additional 23,117 shares during the last quarter. Cary Street Partners Financial LLC boosted its position in shares of Micron Technology by 25.0% during the 2nd quarter. Cary Street Partners Financial LLC now owns 26,132 shares of the semiconductor manufacturer’s stock valued at $3,221,000 after purchasing an additional 5,233 shares in the last quarter. Wealthspire Advisors LLC grew its stake in shares of Micron Technology by 27.8% in the 2nd quarter. Wealthspire Advisors LLC now owns 14,754 shares of the semiconductor manufacturer’s stock worth $1,818,000 after purchasing an additional 3,208 shares during the last quarter. Finally, Wealthfront Advisers LLC raised its holdings in shares of Micron Technology by 9.8% in the 3rd quarter. Wealthfront Advisers LLC now owns 95,396 shares of the semiconductor manufacturer’s stock worth $15,962,000 after purchasing an additional 8,489 shares in the last quarter. Institutional investors and hedge funds own 80.84% of the company’s stock.

Micron Technology Price Performance

The firm has a market capitalization of $497.25 billion, a P/E ratio of 42.00 and a beta of 1.50. The business’s fifty day moving average is $391.35 and its 200 day moving average is $273.84. The company has a current ratio of 2.46, a quick ratio of 1.78 and a debt-to-equity ratio of 0.19.

Micron Technology (NASDAQ:MU) last issued its earnings results 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 during the quarter, compared to analysts’ expectations of $12.62 billion. Micron Technology had a net margin of 28.15% and a return on equity of 22.71%. The firm’s revenue for the quarter was up 56.7% compared to the same quarter last year. During the same period last year, the firm posted $1.79 earnings per share. Micron Technology has set its Q2 2026 guidance at 8.220-8.620 EPS. As a group, analysts forecast that Micron Technology, Inc. will post 6.08 EPS for the current year.

Micron Technology Dividend Announcement

The business also recently announced 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 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date was Monday, December 29th. Micron Technology’s payout ratio is presently 4.37%.

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.