Micron Technology (NASDAQ:MU) Stock Price Expected to Rise, HSBC Analyst Says

Micron Technology (NASDAQ:MU) had its price target lifted by equities research analysts at HSBC from $350.00 to $500.00 in a research note issued on Friday, Marketbeat Ratings reports. The firm presently has a “buy” rating on the semiconductor manufacturer’s stock. HSBC’s price objective indicates a potential upside of 23.15% from the stock’s current price.

A number of other analysts also recently issued reports on MU. Stifel Nicolaus lifted their price target on Micron Technology from $300.00 to $360.00 and gave the company a “buy” rating in a research report on Tuesday. Needham & Company LLC boosted their price target on shares of Micron Technology from $200.00 to $300.00 and gave the stock a “buy” rating in a research note on Tuesday, December 16th. BNP Paribas Exane raised shares of Micron Technology from an “underperform” rating to an “outperform” rating and set a $270.00 price target on the stock in a report on Monday, October 13th. Wolfe Research raised their price objective on shares of Micron Technology from $300.00 to $350.00 and gave the company an “outperform” rating in a research report on Thursday, December 18th. Finally, Mizuho lifted their price objective on shares of Micron Technology from $290.00 to $390.00 and gave the stock an “outperform” rating in a report on Friday, January 9th. Four research analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, Micron Technology currently has a consensus rating of “Buy” and a consensus target price of $346.66.

Micron Technology Price Performance

Shares of Micron Technology stock traded up $8.41 on Friday, reaching $405.99. The stock had a trading volume of 15,087,271 shares, compared to its average volume of 35,020,363. The business’s 50 day moving average is $278.66 and its two-hundred day moving average is $198.93. The company has a current ratio of 2.46, a quick ratio of 1.78 and a debt-to-equity ratio of 0.19. The company has a market cap of $456.95 billion, a P/E ratio of 38.46 and a beta of 1.50. Micron Technology has a 1 year low of $61.54 and a 1 year high of $412.43.

Micron Technology (NASDAQ:MU) last announced its quarterly earnings results on Wednesday, December 17th. The semiconductor manufacturer reported $4.78 EPS for the quarter, beating the consensus estimate of $3.77 by $1.01. The firm had revenue of $13.64 billion during the quarter, compared to the consensus estimate of $12.62 billion. Micron Technology had a net margin of 28.15% and a return on equity of 22.71%. The business’s quarterly revenue was up 56.7% compared to the same quarter last year. During the same period last year, the firm earned $1.79 EPS. Micron Technology has set its Q2 2026 guidance at 8.220-8.620 EPS. As a group, research analysts anticipate that Micron Technology will post 6.08 EPS for the current year.

Insider Transactions at Micron Technology

In related news, CFO Mark J. Murphy sold 126,000 shares of the firm’s stock in a transaction on Thursday, October 30th. The stock was sold at an average price of $225.31, for a total value of $28,389,060.00. Following the transaction, the chief financial officer directly owned 219,693 shares of the company’s stock, valued at approximately $49,499,029.83. This trade represents a 36.45% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Sanjay Mehrotra sold 22,500 shares of the stock in a transaction that occurred on Monday, October 27th. The stock was sold at an average price of $220.72, for a total transaction of $4,966,200.00. Following the completion of the sale, the chief executive officer directly owned 446,578 shares of the company’s stock, valued at $98,568,696.16. This represents a 4.80% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 287,500 shares of company stock valued at $65,892,908. 0.24% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Micron Technology

A number of hedge funds have recently made changes to their positions in MU. REAP Financial Group LLC purchased a new position in shares of Micron Technology during the 3rd quarter worth about $25,000. First Command Advisory Services Inc. boosted its holdings 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 acquiring an additional 153 shares during the period. Barnes Dennig Private Wealth Management LLC bought a new position in Micron Technology in the 3rd quarter valued at $27,000. Elevation Wealth Partners LLC grew its position in Micron Technology by 295.8% in the 4th quarter. Elevation Wealth Partners LLC now owns 95 shares of the semiconductor manufacturer’s stock valued at $27,000 after acquiring an additional 71 shares during the last quarter. Finally, Steigerwald Gordon & Koch Inc. increased its stake 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 purchasing an additional 96 shares during the period. 80.84% of the stock is currently owned by hedge funds and other institutional investors.

Key Micron Technology News

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

• Positive Sentiment: Multiple broker upgrades and higher price targets add near-term buying pressure — Stifel raised its price target and kept a Buy rating, citing AI cloud demand and strategic fab moves. Stifel Raises Micron Price Target to $360
• Positive Sentiment: TD Cowen lifted its target to $450 (and other firms including William Blair and Rosenblatt published bullish coverage), reinforcing the narrative that memory pricing and margins can stay strong. TD Cowen Increases Price Target to $450
• Positive Sentiment: Recent quarterly results and Q2 guidance show material earnings and revenue upside, driven by DRAM and AI-related demand — analysts expect further margin expansion and strong EPS guidance. This underpins many of the recent target raises. Micron: This Party Is Just Getting Started (Seeking Alpha)
• Positive Sentiment: Insider buying: an executive purchased about $7.8M of MU stock, a signal some investors interpret as management confidence in near-term business outlook. Insider Purchase Coverage
• Positive Sentiment: Strategic capacity action — Micron’s ~$1.8B acquisition of a Taiwan fab site is being viewed as a move to lock in supply, which supports pricing power during the memory tightness fueling AI infrastructure. Fab Acquisition Reporting
• Neutral Sentiment: Market commentary and research pieces highlight MU as a core AI-memory play (TipRanks, Zacks) — these amplify investor interest but mostly reiterate the same demand/macro drivers rather than new facts. TipRanks: Micron Trending
• Neutral Sentiment: Upcoming earnings are in focus — analysts expect another strong print, so short-term moves may be driven by whether results and guidance beat already-elevated expectations. Earnings Preview
• Negative Sentiment: Not all coverage is bullish — at least one prominent piece argues the rally is overextended and recommends selling, which could add volatility if macro or AI capex slows. Investors should weigh that view against the consensus of elevated demand and upgraded forecasts. Bearish Take (Seeking Alpha)

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.