Micron Technology (NASDAQ:MU) Stock Price Up 3.9% – Here’s What Happened

Shares of Micron Technology, Inc. (NASDAQ:MU) rose 3.9% on Wednesday . The company traded as high as $289.30 and last traded at $286.9830. Approximately 18,554,077 shares changed hands during trading, a decline of 23% from the average daily volume of 23,960,969 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: Q1 beat + HBM visibility: Management said high?bandwidth memory (HBM) is effectively sold out through 2026 and the company posted heavy revenue/EPS beats, giving multi?quarter revenue visibility and a step?change in margin expectations. Micron Technology Stock (MU) Opinions on AI-Driven Revenue Forecast
• Positive Sentiment: All?time high narratives: Multiple outlets note MU hit new all?time highs after the earnings/guidance reset market expectations, which attracts momentum flows and retail/institutional re?weighting. Micron Stock (MU) Hits New All-Time High — Can the Steller Run Continue in 2026
• Positive Sentiment: Analyst upgrades & lofty targets: Banks and research firms have raised ratings and targets (reported targets range widely, including some very aggressive $300–$500 calls), supporting buying and window?dressing into quarter?end. Micron (MU) in Focus as Analysts Highlight Multi-Year AI Data-Center Expansion
• Positive Sentiment: AI/data?center tailwind: Coverage of AI infrastructure winners highlights memory and storage as key beneficiaries — a structural demand shift that favors Micron’s DRAM/HBM exposure. These 5 infrastructure stocks have more than tripled this year on the AI trade
• Neutral Sentiment: Broader market lift: Year?end strength in major indexes is amplifying gains in momentum names including MU; some price action may reflect flow rather than fundamental changes. Dow Jones Today: Major Stock Indexes Rise for 4th Straight Session
• Neutral Sentiment: Dividend & liquidity notes: Company announced a small quarterly dividend (low yield) and heavy institutional ownership; these are incremental but not primary drivers of the rally.
• Negative Sentiment: Insider selling: Multiple insider filings show significant executive/director stock sales in the past weeks — a potential signal for some investors and a source of short?term supply. Steven Gomo Sells 5,000 Shares of Micron Technology (NASDAQ:MU) Stock
• Negative Sentiment: Valuation & execution risk: Commentators warn the rally could overshoot fundamentals — high near?term CapEx (new fabs), execution risk on ramping capacity, or an eventual easing in HBM pricing could trigger mean?reversion. Micron: Rally Went Too Far, This Party Shouldn’t Last Forever

Analysts Set New Price Targets

MU has been the subject of several recent research reports. New Street Research restated a “neutral” rating on shares of Micron Technology in a report on Tuesday, October 14th. UBS Group reissued an “overweight” rating on shares of Micron Technology in a research report on Thursday, December 18th. Needham & Company LLC boosted their price target on shares of Micron Technology from $200.00 to $300.00 and gave the company 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 objective on the stock in a research note on Monday, October 13th. Finally, Cantor Fitzgerald lifted their price objective on shares of Micron Technology from $300.00 to $350.00 and gave the company an “overweight” rating in a report on Thursday, December 18th. Five equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of $282.61.

Micron Technology Stock Performance

The company’s 50 day moving average price is $235.41 and its 200-day moving average price is $169.49. The stock has a market cap of $323.00 billion, a P/E ratio of 27.28, a price-to-earnings-growth ratio of 0.18 and a beta of 1.54. 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 (NASDAQ:MU) last released its quarterly earnings results on Wednesday, December 17th. The semiconductor manufacturer reported $4.78 earnings per share 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 business had revenue of $13.64 billion for the quarter, compared to analysts’ expectations of $12.62 billion. During the same period in the previous year, the company earned $1.79 earnings per share. The firm’s revenue for the quarter 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. Equities analysts forecast that Micron Technology, Inc. will post 6.08 EPS for the current fiscal year.

Micron Technology Announces Dividend

The firm 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. The ex-dividend date of this dividend is Monday, December 29th. This represents a $0.46 annualized dividend and a dividend yield of 0.2%. Micron Technology’s dividend payout ratio is currently 4.37%.

Insider Activity at Micron Technology

In related news, Director Steven J. Gomo sold 5,000 shares of Micron Technology stock in a transaction on Friday, December 19th. The stock was sold at an average price of $263.63, for a total transaction of $1,318,150.00. Following the sale, the director directly owned 19,139 shares in the company, valued at approximately $5,045,614.57. This trade represents a 20.71% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Mark J. Murphy sold 126,000 shares of the company’s stock in a transaction on Thursday, October 30th. The shares were sold at an average price of $225.31, for a total value of $28,389,060.00. Following the completion of the transaction, the chief financial officer owned 219,693 shares of the company’s stock, valued at $49,499,029.83. This trade represents a 36.45% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 384,300 shares of company stock valued at $83,974,468 in the last ninety days. Insiders own 0.24% of the company’s stock.

Hedge Funds Weigh In On Micron Technology

Several institutional investors have recently added to or reduced their stakes in MU. REAP Financial Group LLC purchased a new position in Micron Technology in the third quarter valued at about $25,000. First Command Advisory Services Inc. increased its stake in shares of Micron Technology by 225.0% during the 2nd quarter. First Command Advisory Services Inc. now owns 221 shares of the semiconductor manufacturer’s stock worth $27,000 after purchasing an additional 153 shares during the last quarter. Barnes Dennig Private Wealth Management LLC bought a new stake in shares of Micron Technology in the 3rd quarter worth approximately $27,000. Howard Hughes Medical Institute bought a new stake in shares of Micron Technology in the 2nd quarter worth approximately $30,000. Finally, AlphaQuest LLC lifted its stake in Micron Technology by 13,250.0% in the second quarter. AlphaQuest LLC now owns 267 shares of the semiconductor manufacturer’s stock valued at $33,000 after purchasing an additional 265 shares during the last quarter. Institutional investors own 80.84% of the company’s stock.

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.