Micron Technology (NASDAQ:MU) Shares Up 6.1% on Analyst Upgrade

Micron Technology, Inc. (NASDAQ:MU) traded up 6.1% during mid-day trading on Wednesday after Hsbc Global Res upgraded the stock to a strong-buy rating. The stock traded as high as $438.94 and last traded at $435.28. 41,131,214 shares traded hands during trading, an increase of 14% from the average session volume of 36,123,008 shares. The stock had previously closed at $410.24.

Several other equities analysts also recently weighed in on the company. Bank of America raised their price target on Micron Technology from $300.00 to $400.00 and gave the stock a “buy” rating in a research report on Tuesday, January 13th. Needham & Company LLC upped their price objective on Micron Technology from $200.00 to $300.00 and gave the stock a “buy” rating in a report on Tuesday, December 16th. New Street Research reiterated a “neutral” rating on shares of Micron Technology in a research note on Tuesday, October 14th. BNP Paribas Exane raised shares of Micron Technology from an “underperform” rating to an “outperform” rating and set a $270.00 price target for the company in a research report on Monday, October 13th. Finally, Citigroup boosted their price objective on Micron Technology from $330.00 to $385.00 and gave the stock a “buy” rating in a research note on Thursday, January 15th. Five investment analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of $349.76.

Insider Buying and Selling at Micron Technology

In related news, EVP Manish H. Bhatia sold 26,623 shares of Micron Technology stock in a transaction on Thursday, January 22nd. The shares were sold at an average price of $391.04, for a total value of $10,410,657.92. Following the completion of the sale, the executive vice president owned 323,486 shares in the company, valued at approximately $126,495,965.44. The trade was a 7.60% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Teyin M. Liu acquired 7,820 shares of Micron Technology stock in a transaction on Wednesday, January 14th. The shares were bought at an average price of $337.50 per share, for a total transaction of $2,639,250.00. Following the completion of the purchase, the director directly owned 25,910 shares in the company, valued at $8,744,625. The trade was a 43.23% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last three months, insiders have acquired 23,200 shares of company stock valued at $7,821,723 and have sold 61,123 shares valued at $19,547,151. 0.24% of the stock is owned by corporate insiders.

Micron Technology News Summary

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

• Positive Sentiment: AI-driven demand and margin expansion: Investors are highlighting stronger pricing and margin leverage from AI/HBM demand, supporting a more bullish earnings outlook for Micron. AI-Driven Demand Supports Micron Technology’s Margin Expansion
• Positive Sentiment: Massive capacity commitment — $24B Singapore fab: Micron broke ground on an advanced wafer fab in Singapore (700k sq ft cleanroom, staged over ~10 years) to address long-term NAND/HBM shortages, signaling management’s confidence in sustained AI-driven demand. Micron Breaks Ground on Advanced Wafer Fabrication Facility in Singapore
• Positive Sentiment: Analyst upgrades and higher targets: Several brokers have raised targets and ratings (including a recent Mizuho raise), reinforcing buy-side momentum and fueling flows into the stock. Analyst Price Target Raises
• Positive Sentiment: Insider buying signal: A director purchase was reported recently, which investors interpret as a bullish insider vote of confidence. These 3 Stocks Just Saw Major Insider Moves—Time to Be Bullish or Bearish?
• Neutral Sentiment: Unusual put-option activity: Volume in out-of-the-money MU puts has spiked after the recent rally — could be protective hedging or speculative bearish bets; watch options flow for clues. Unusual Put Options Activity In Micron Technology
• Neutral Sentiment: Investor events / coverage: Micron executives will appear at conferences (Wolfe Research), which could add incremental clarity but are unlikely to change the near-term narrative unless new guidance is provided. Micron Announces Participation in Investor Event
• Negative Sentiment: Competitive risk — Samsung/Nvidia HBM supply deal: Reports that Samsung is ramping HBM4 for Nvidia are a direct competitive development that could pressure Micron’s near-term HBM pricing and share gains. Samsung Breaks Into Nvidia’s AI Memory Supply Chain
• Negative Sentiment: Insider selling: EVP Manish Bhatia sold ~26.6k shares recently; while not unusual for executives to rebalance, the sale is being noted by the market as a modest negative datapoint. SEC Filing: Insider Sale (Manish H. Bhatia)

Institutional Investors Weigh In On Micron Technology

Institutional investors and hedge funds have recently bought and sold shares of the business. Elevation Wealth Partners LLC raised its position in shares of Micron Technology by 295.8% during the 4th quarter. Elevation Wealth Partners LLC now owns 95 shares of the semiconductor manufacturer’s stock worth $27,000 after purchasing an additional 71 shares during the period. Steigerwald Gordon & Koch Inc. increased its position in Micron Technology by 4,800.0% in the fourth quarter. Steigerwald Gordon & Koch Inc. now owns 98 shares of the semiconductor manufacturer’s stock worth $28,000 after buying an additional 96 shares during the period. GHP Investment Advisors Inc. increased its position in Micron Technology by 91.2% in the fourth quarter. GHP Investment Advisors Inc. now owns 109 shares of the semiconductor manufacturer’s stock worth $31,000 after buying an additional 52 shares during the period. Noble Wealth Management PBC bought a new stake in Micron Technology in the fourth quarter valued at $40,000. Finally, REAP Financial Group LLC acquired a new position in shares of Micron Technology during the third quarter valued at $25,000. Institutional investors and hedge funds own 80.84% of the company’s stock.

Micron Technology Stock Up 6.1%

The company has a quick ratio of 1.78, a current ratio of 2.46 and a debt-to-equity ratio of 0.19. The firm’s 50-day moving average price is $292.48 and its 200 day moving average price is $207.46. The firm has a market cap of $489.91 billion, a P/E ratio of 41.38 and a beta of 1.50.

Micron Technology (NASDAQ:MU) last issued its quarterly earnings data on Wednesday, December 17th. The semiconductor manufacturer reported $4.78 earnings per share for the quarter, beating 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 firm had revenue of $13.64 billion for the quarter, compared to the consensus estimate of $12.62 billion. During the same period last year, the firm posted $1.79 EPS. Micron Technology’s quarterly revenue was up 56.7% compared to the same quarter last year. Micron Technology has set its Q2 2026 guidance at 8.220-8.620 EPS. As a group, research analysts expect that Micron Technology, Inc. will post 6.08 earnings per share for the current year.

Micron Technology Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 14th. Investors of record on Monday, December 29th were given a $0.115 dividend. This represents a $0.46 annualized dividend and a yield of 0.1%. The ex-dividend date was Monday, December 29th. Micron Technology’s dividend payout ratio (DPR) is currently 4.37%.

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.