Micron Technology (NASDAQ:MU) Sets New 52-Week High – Here’s What Happened

Micron Technology, Inc. (NASDAQ:MU) reached a new 52-week high during trading on Thursday . The stock traded as high as $289.30 and last traded at $286.9830, with a volume of 18592572 shares. The stock had previously closed at $276.27.

Micron Technology News Roundup

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

• Positive Sentiment: Blowout Q1 results and forward visibility — Micron beat revenue and EPS estimates, reported strong margins and said HBM capacity is sold out through 2026 with much pricing locked, giving multi‑quarter revenue and margin visibility. Read More.
• Positive Sentiment: HBM supply tightness supports pricing power — industry coverage argues constrained HBM supply through 2026–27, boosting HBM pricing and underpinning Micron’s margin expansion and data‑center revenue share gains. Read More.
• Positive Sentiment: Strategic CapEx and product road‑map — Micron is accelerating domestic capacity (Idaho fab timing pulled forward) and sampling next‑gen HBM4, positioning it to capture AI GPU share as demand stays strong. Read More.
• Positive Sentiment: Analyst upgrades & higher targets — multiple firms raised ratings/targets (median targets rising, some bullish calls into the $300–$500 range), which fuels buying and institutional window‑dressing into year‑end. Read More.
• Neutral Sentiment: Broader market tailwind — strength in major indices and the AI trade lifted many infrastructure names, helping momentum flow into Micron alongside sector leadership. Read More.
• Negative Sentiment: Insider selling and concentration of sales — recent SEC filings show directors/executives sold shares (e.g., Steven Gomo, April Arnzen) and datasets report many insider sales over months, which some investors view as a cautionary signal. Read More.
• Negative Sentiment: Valuation and mean‑reversion risk — commentators warn the rapid run may overshoot near‑term fundamentals; high CapEx, fab execution risk or easing HBM prices could cause sharp reversals. Read More.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on MU. Summit Insights upgraded Micron Technology to a “strong-buy” rating in a report on Tuesday, September 23rd. Stifel Nicolaus boosted their target price on shares of Micron Technology from $195.00 to $300.00 and gave the company a “buy” rating in a research report on Friday, December 12th. Wall Street Zen upgraded shares of Micron Technology from a “buy” rating to a “strong-buy” rating in a report on Sunday, November 23rd. Mizuho lifted their price target on shares of Micron Technology from $270.00 to $290.00 and gave the company an “outperform” rating in a research note on Thursday, December 18th. Finally, UBS Group reissued an “overweight” rating on shares of Micron Technology in a research report on Thursday, December 18th. Five 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. Based on data from MarketBeat, Micron Technology presently has a consensus rating of “Buy” and a consensus target price of $282.61.

Micron Technology Price Performance

The stock has a market capitalization of $323.00 billion, a P/E ratio of 27.28, a price-to-earnings-growth ratio of 0.17 and a beta of 1.54. The business’s 50 day simple moving average is $233.72 and its two-hundred day simple moving average is $168.67. The company has a quick ratio of 1.78, a current ratio of 2.46 and a debt-to-equity ratio of 0.19.

Micron Technology (NASDAQ:MU) last posted its earnings results on Wednesday, December 17th. The semiconductor manufacturer reported $4.78 EPS for the quarter, topping the consensus estimate of $3.77 by $1.01. Micron Technology had a net margin of 28.15% and a return on equity of 22.71%. The company had revenue of $13.64 billion during the quarter, compared to the consensus estimate of $12.62 billion. During the same period in the previous year, the firm posted $1.79 earnings per share. The firm’s revenue for the quarter was up 56.7% on a year-over-year basis. Micron Technology has set its Q2 2026 guidance at 8.220-8.620 EPS. As a group, sell-side analysts forecast that Micron Technology, Inc. will post 6.08 earnings per share for the current fiscal year.

Micron Technology Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 14th. Stockholders of record on Monday, December 29th will be issued a $0.115 dividend. This represents a $0.46 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date is Monday, December 29th. Micron Technology’s dividend payout ratio (DPR) is currently 4.37%.

Insider Buying and Selling

In other Micron Technology news, EVP Scott J. Deboer sold 82,000 shares of the firm’s stock in a transaction on Monday, October 27th. The stock was sold at an average price of $222.81, for a total transaction of $18,270,420.00. Following the transaction, the executive vice president directly owned 154,145 shares in the company, valued at approximately $34,345,047.45. This trade represents a 34.72% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP April S. Arnzen sold 15,000 shares of Micron Technology stock in a transaction on Tuesday, September 30th. The stock was sold at an average price of $164.04, for a total transaction of $2,460,600.00. Following the transaction, the executive vice president directly owned 131,580 shares in the company, valued at $21,584,383.20. This represents a 10.23% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 384,300 shares of company stock worth $83,974,468 in the last ninety days. Corporate insiders own 0.24% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the company. REAP Financial Group LLC purchased a new stake in Micron Technology in the 3rd quarter valued at about $25,000. First Command Advisory Services Inc. grew its holdings in shares of Micron Technology by 225.0% in the second quarter. First Command Advisory Services Inc. now owns 221 shares of the semiconductor manufacturer’s stock valued at $27,000 after acquiring an additional 153 shares in the last quarter. Barnes Dennig Private Wealth Management LLC purchased a new stake in shares of Micron Technology during the third quarter valued at approximately $27,000. Howard Hughes Medical Institute purchased a new stake in shares of Micron Technology during the second quarter valued at approximately $30,000. Finally, AlphaQuest LLC lifted its holdings in Micron Technology by 13,250.0% during the second quarter. AlphaQuest LLC now owns 267 shares of the semiconductor manufacturer’s stock worth $33,000 after acquiring an additional 265 shares during the period. 80.84% of the stock is owned by institutional investors.

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.