Wedbush Research Analysts Increase Earnings Estimates for MU

Micron Technology, Inc. (NASDAQ:MU) – Equities research analysts at Wedbush lifted their Q3 2025 EPS estimates for shares of Micron Technology in a research report issued to clients and investors on Friday, June 20th. Wedbush analyst M. Bryson now forecasts that the semiconductor manufacturer will post earnings per share of $1.53 for the quarter, up from their prior estimate of $1.41. Wedbush has a “Outperform” rating and a $150.00 price objective on the stock. The consensus estimate for Micron Technology’s current full-year earnings is $6.08 per share. Wedbush also issued estimates for Micron Technology’s FY2025 earnings at $6.55 EPS and Q4 2026 earnings at $4.48 EPS.

Several other brokerages have also commented on MU. China Renaissance lowered shares of Micron Technology from a “buy” rating to a “hold” rating and set a $84.00 price target for the company. in a report on Wednesday, March 26th. Morgan Stanley cut their target price on shares of Micron Technology from $112.00 to $98.00 and set an “equal weight” rating for the company in a research note on Wednesday, May 7th. Barclays decreased their price target on shares of Micron Technology from $115.00 to $95.00 and set an “overweight” rating on the stock in a research note on Tuesday, April 22nd. Mizuho lifted their price objective on Micron Technology from $124.00 to $130.00 and gave the stock an “outperform” rating in a report on Thursday, June 5th. Finally, UBS Group increased their target price on Micron Technology from $92.00 to $120.00 and gave the company a “buy” rating in a report on Thursday, June 5th. One investment analyst has rated the stock with a sell rating, three have given a hold rating, nineteen have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, Micron Technology has an average rating of “Moderate Buy” and a consensus price target of $126.75.

Micron Technology Trading Up 4.8%

MU stock opened at $127.91 on Monday. The company has a quick ratio of 1.99, a current ratio of 3.13 and a debt-to-equity ratio of 0.28. Micron Technology has a 52-week low of $61.54 and a 52-week high of $144.07. The company’s 50-day simple moving average is $95.29 and its 200-day simple moving average is $93.66. The firm has a market cap of $142.95 billion, a P/E ratio of 30.67 and a beta of 1.28.

Insider Transactions at Micron Technology

In related news, Director Mary Pat Mccarthy sold 2,404 shares of Micron Technology stock in a transaction on Friday, May 2nd. The stock was sold at an average price of $80.00, for a total value of $192,320.00. Following the completion of the transaction, the director now directly owns 24,954 shares in the company, valued at approximately $1,996,320. This trade represents a 8.79% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Sanjay Mehrotra sold 3,938 shares of the stock in a transaction dated Monday, June 9th. The shares were sold at an average price of $110.88, for a total value of $436,645.44. Following the completion of the sale, the chief executive officer now directly owns 387,175 shares in the company, valued at $42,929,964. This represents a 1.01% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 37,404 shares of company stock valued at $4,130,167. 0.30% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Micron Technology

Several large investors have recently bought and sold shares of the business. Sunbeam Capital Management LLC purchased a new position in Micron Technology in the fourth quarter valued at approximately $26,000. Opal Wealth Advisors LLC purchased a new position in shares of Micron Technology in the 1st quarter valued at $33,000. Midwest Capital Advisors LLC acquired a new stake in Micron Technology during the 4th quarter worth $33,000. Roxbury Financial LLC lifted its position in Micron Technology by 306.1% in the first quarter. Roxbury Financial LLC now owns 398 shares of the semiconductor manufacturer’s stock valued at $37,000 after acquiring an additional 300 shares during the last quarter. Finally, Curio Wealth LLC acquired a new position in Micron Technology in the fourth quarter valued at $34,000. Hedge funds and other institutional investors own 80.84% of the company’s stock.

Micron Technology Company Profile

Micron Technology, Inc designs, develops, manufactures, and sells memory and storage products worldwide. The company operates through four segments: Compute and Networking Business Unit, Mobile Business Unit, Embedded Business Unit, and Storage Business Unit. It provides memory and storage technologies comprising dynamic random access memory semiconductor devices with low latency that provide high-speed data retrieval; non-volatile and re-writeable semiconductor storage devices; and non-volatile re-writable semiconductor memory devices that provide fast read speeds under the Micron and Crucial brands, as well as through private labels.