Morgan Stanley Raises Micron Technology (NASDAQ:MU) Price Target to $450.00

Micron Technology (NASDAQ:MU) had its price target increased by investment analysts at Morgan Stanley from $350.00 to $450.00 in a note issued to investors on Wednesday,Benzinga reports. The brokerage presently has an “overweight” rating on the semiconductor manufacturer’s stock. Morgan Stanley’s target price would suggest a potential upside of 8.70% from the stock’s previous close.

Other equities analysts have also issued reports about the company. Wells Fargo & Company boosted their target price on Micron Technology from $335.00 to $410.00 and gave the stock an “overweight” rating in a research report on Thursday, January 15th. Deutsche Bank Aktiengesellschaft increased their target price on shares of Micron Technology from $200.00 to $280.00 and gave the stock a “buy” rating in a report on Tuesday, December 9th. Stifel Nicolaus lifted their price target on shares of Micron Technology from $300.00 to $360.00 and gave the stock a “buy” rating in a research report on Tuesday, January 20th. Bank of America upped their price objective on shares of Micron Technology from $300.00 to $400.00 and gave the company a “buy” rating in a research report on Tuesday, January 13th. Finally, Rosenblatt Securities reaffirmed a “buy” rating and set a $500.00 price objective on shares of Micron Technology in a research note on Tuesday, January 20th. Six analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, Micron Technology has a consensus rating of “Buy” and an average price target of $353.21.

Micron Technology Price Performance

Shares of MU stock opened at $413.97 on Wednesday. The firm’s 50 day moving average price is $331.49 and its two-hundred day moving average price is $228.99. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.78 and a current ratio of 2.46. Micron Technology has a 52-week low of $61.54 and a 52-week high of $455.50. The stock has a market cap of $465.93 billion, a PE ratio of 39.35 and a beta of 1.52.

Micron Technology (NASDAQ:MU) last posted its quarterly earnings results on Wednesday, December 17th. The semiconductor manufacturer reported $4.78 earnings per share for the quarter, beating analysts’ consensus estimates of $3.77 by $1.01. Micron Technology had a return on equity of 22.71% and a net margin of 28.15%.The company had revenue of $13.64 billion for the quarter, compared to the consensus estimate of $12.62 billion. During the same quarter in the prior year, the business posted $1.79 EPS. The firm’s quarterly revenue 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, analysts forecast that Micron Technology will post 6.08 EPS for the current year.

Insider Activity at Micron Technology

In related news, EVP Sumit Sadana sold 25,000 shares of the business’s stock in a transaction 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 in the company, valued at $106,621,747.69. The trade was a 9.16% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Manish H. Bhatia sold 26,623 shares of the stock in a transaction dated 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 sale, the executive vice president owned 323,486 shares of the company’s stock, valued at approximately $126,495,965.44. The trade was a 7.60% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders acquired 23,200 shares of company stock valued at $7,821,723 and sold 73,623 shares valued at $27,307,408. 0.24% of the stock is owned by corporate insiders.

Institutional Trading of Micron Technology

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in MU. REAP Financial Group LLC bought a new stake in shares of Micron Technology during the third quarter valued at approximately $25,000. High Note Wealth LLC grew its position in Micron Technology by 65.4% in the 4th quarter. High Note Wealth LLC now owns 86 shares of the semiconductor manufacturer’s stock valued at $25,000 after purchasing an additional 34 shares during the period. First Command Advisory Services Inc. increased its stake in Micron Technology by 225.0% during the 2nd quarter. First Command Advisory Services Inc. now owns 221 shares of the semiconductor manufacturer’s stock valued at $27,000 after purchasing an additional 153 shares in the last quarter. Barnes Dennig Private Wealth Management LLC acquired a new position in Micron Technology during the third quarter worth $27,000. Finally, Elevation Wealth Partners LLC raised its holdings in Micron Technology by 295.8% during the fourth quarter. Elevation Wealth Partners LLC now owns 95 shares of the semiconductor manufacturer’s stock worth $27,000 after buying an additional 71 shares during the last quarter. 80.84% of the stock is owned by institutional investors.

Micron Technology News Summary

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

• Positive Sentiment: CFO and management said Micron’s next-gen HBM4 is in high‑volume production and shipments have begun — commentary that directly boosts AI revenue visibility and investor confidence. Micron’s stock pops. Here’s what an executive just said to calm nervous investors.
• Positive Sentiment: Management signaled demand significantly outpaces supply and that tightness could persist beyond 2026 — a structural supply/demand story that supports stronger pricing and margins for DRAM/HBM. Micron Technology Stock (MU) Opinions on CFO Supply-Demand Outlook
• Positive Sentiment: Street optimism is rising — several firms raised targets and issued bullish notes (TD Cowen set a $600 target; Morgan Stanley raised to $450), lifting sentiment and driving momentum. Micron Stock Gets a New Street-High $600 Target — TD Cowen Sees 55% Upside.
• Positive Sentiment: Operational progress on NAND and accelerated HBM4 timeline reports have supported the rally by indicating capacity and product roadmaps are on track to capture AI demand. Micron (MU) Stock Surges 10% on Accelerated HBM4 Chip Timeline
• Neutral Sentiment: Samsung says it has begun mass production and commercial shipments of HBM4 — this is a competitive development that keeps the market focused on execution and timing rather than changing the overall strong demand backdrop. Samsung Claims to Be First to Ship New Memory Chips. What It Means for Micron.
• Neutral Sentiment: Several market commentaries and deep-dive pieces ask whether Micron can sustain a supercycle-like run or become the “next NVIDIA” — useful context for valuation debates but not immediate catalysts. Is Micron Technology Stock the Next Nvidia?
• Negative Sentiment: A Seeking Alpha downgrade warns Micron may be “priced to perfection” — cautionary view on valuation that could prompt profit‑taking if growth or pricing cues soften. Micron Is Priced To Perfection In A Non-Perfect Market (Downgrade)
• Negative Sentiment: Notable insider and congressional selling has been reported (many exec sales), which some investors view as a governance/conviction red flag and can weigh on sentiment during a pullback. Micron Technology Stock (MU) Opinions on CFO Supply-Demand Outlook

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.