Analysts Set Micron Technology, Inc. (NASDAQ:MU) Target Price at $466.75

Shares of Micron Technology, Inc. (NASDAQ:MU) have received an average recommendation of “Buy” from the thirty-seven brokerages that are covering the firm, Marketbeat.com reports. Four analysts have rated the stock with a hold rating, twenty-eight have issued a buy rating and five have assigned a strong buy rating to the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is $463.7143.

MU has been the subject of a number of recent research reports. Erste Group Bank downgraded shares of Micron Technology from a “buy” rating to a “hold” rating in a report on Thursday. Royal Bank Of Canada upped their price objective on shares of Micron Technology from $425.00 to $525.00 and gave the company an “outperform” rating in a research note on Monday, March 16th. Phillip Securities raised shares of Micron Technology to a “strong-buy” rating in a research note on Monday, February 2nd. JPMorgan Chase & Co. boosted their price target on Micron Technology from $350.00 to $550.00 and gave the company an “overweight” rating in a report on Thursday, March 19th. Finally, Rosenblatt Securities reissued a “buy” rating and set a $500.00 price target on shares of Micron Technology in a research note on Monday, March 16th.

Insiders Place Their Bets

In other Micron Technology news, EVP Manish H. Bhatia sold 26,623 shares of Micron Technology 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 completion of the sale, the executive vice president owned 323,486 shares in the company, valued at $126,495,965.44. The trade was a 7.60% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Teyin M. Liu acquired 11,600 shares of the company’s stock in a transaction dated Tuesday, January 13th. The shares were bought at an average cost of $337.07 per share, with a total value of $3,910,012.00. Following the purchase, the director owned 14,310 shares in the company, valued at approximately $4,823,471.70. The trade was a 428.04% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Over the last three months, insiders have bought 23,200 shares of company stock valued at $7,821,723 and have sold 53,623 shares valued at $21,832,908. 0.24% of the stock is owned by company insiders.

Institutional Investors Weigh In On Micron Technology

A number of institutional investors have recently bought and sold shares of MU. Purpose Unlimited Inc. purchased a new position in Micron Technology during the fourth quarter worth approximately $228,000. Stance Capital LLC purchased a new stake in shares of Micron Technology during the 4th quarter valued at $1,542,000. Osbon Capital Management LLC purchased a new stake in shares of Micron Technology during the 4th quarter valued at $45,000. Fund Advisors of America Inc FL acquired a new stake in shares of Micron Technology during the 4th quarter worth $1,274,000. Finally, World Investment Advisors increased its holdings in shares of Micron Technology by 38.1% during the 4th quarter. World Investment Advisors now owns 14,185 shares of the semiconductor manufacturer’s stock worth $4,049,000 after buying an additional 3,917 shares during the last quarter. 80.84% of the stock is currently owned by hedge funds and other institutional investors.

Micron Technology News Roundup

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

• Positive Sentiment: Micron is ramping production to supply NVIDIA’s next?gen Vera Rubin systems, a direct revenue catalyst as AI datacenter customers scale. Micron Ramping Production for NVDA Vera Rubin
• Positive Sentiment: Rosenblatt and multiple sell?side analysts remain bullish, with a high consensus price target (~$550) implying substantial upside — supports investor confidence and buy?the?dip narratives. Rosenblatt Bullish on Micron
• Positive Sentiment: Prominent analysts and commentators (Mizuho, Cantor, TipRanks, Jim Cramer) are highlighting robust AI/NAND demand and calling Micron a top AI?infrastructure play, which underpins momentum buying. Top Analyst Calls Micron a Top Pick
• Positive Sentiment: Corporate finance move: Micron completed cash tender offers for senior notes, which can modestly improve balance?sheet flexibility and investor perception of credit risk. Micron Completes Tender Offers
• Neutral Sentiment: Outlook pieces argue Micron’s valuation could support multi?year upside (one thesis projects a 3x by 2030), but those forecasts hinge on structural tailwinds versus cyclical peak risk. Prediction: Memory Supercycle Could 3X MU
• Neutral Sentiment: Market commentators are debating whether to “chase the rally” after recent volatility; this note is more about trading timing than fundamentals. Should You Chase the Rally?
• Negative Sentiment: Citi cut its price target and flagged DDR5 price softness plus Google’s TurboQuant compression as risks; that note sparked a sharp selloff and remains a key negative catalyst. Citi Price Target Cut Sparks Drop
• Negative Sentiment: Erste Group downgraded MU from Buy to Hold, adding selling pressure and signaling that some regional brokers see less near?term upside. Erste Downgrades Micron
• Negative Sentiment: Elevated capex guidance (>$25B) and debate over cyclical oversupply could compress free cash flow and justify cautious positioning by value/trading-focused investors. Capex Concerns and Downgrade Note
• Negative Sentiment: Broader market moves (e.g., oil surge) have rotated flows into energy and out of tech, creating additional headwinds for chip stocks including MU. Oil Surge Weighs on Tech

Micron Technology Stock Performance

MU stock remained flat at $366.24 during trading on Friday. 51,315,725 shares of the company traded hands, compared to its average volume of 49,800,472. The company has a market capitalization of $413.02 billion, a PE ratio of 17.29 and a beta of 1.60. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.32 and a current ratio of 2.90. The company has a fifty day moving average price of $403.78 and a 200 day moving average price of $297.49. Micron Technology has a 12-month low of $61.54 and a 12-month high of $471.34.

Micron Technology Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Monday, March 30th will be paid a $0.15 dividend. The ex-dividend date is Monday, March 30th. This is an increase from Micron Technology’s previous quarterly dividend of $0.12. This represents a $0.60 annualized dividend and a yield of 0.2%. Micron Technology’s payout ratio is currently 2.83%.

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.