Micron Technology (NASDAQ:MU) Given New $1,300.00 Price Target at Mizuho

Micron Technology (NASDAQ:MU) had its price target reduced by equities research analysts at Mizuho from $1,375.00 to $1,300.00 in a note issued to investors on Tuesday,Benzinga reports. The firm presently has an “outperform” rating on the semiconductor manufacturer’s stock. Mizuho’s price target points to a potential upside of 42.79% from the stock’s current price.

A number of other analysts also recently issued reports on MU. Deutsche Bank Aktiengesellschaft raised their target price on Micron Technology from $1,500.00 to $1,550.00 and gave the stock a “buy” rating in a research note on Thursday, June 25th. TD Cowen reissued a “buy” rating on shares of Micron Technology in a research note on Friday, July 10th. Barclays upped their price objective on Micron Technology from $1,175.00 to $2,000.00 and gave the company an “overweight” rating in a report on Thursday, June 25th. Royal Bank Of Canada lifted their target price on Micron Technology from $1,200.00 to $1,500.00 and gave the company an “outperform” rating in a research report on Thursday, June 25th. Finally, UBS Group reiterated a “buy” rating on shares of Micron Technology in a report on Monday, August 10th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of $1,258.84.

Micron Technology Price Performance

Shares of NASDAQ MU opened at $910.43 on Tuesday. The firm has a 50-day simple moving average of $963.47 and a 200-day simple moving average of $701.56. The company has a quick ratio of 2.98, a current ratio of 3.42 and a debt-to-equity ratio of 0.05. The stock has a market capitalization of $1.03 trillion, a price-to-earnings ratio of 20.61 and a beta of 2.18. Micron Technology has a 52 week low of $114.25 and a 52 week high of $1,255.00.

Micron Technology (NASDAQ:MU) last posted its quarterly earnings results on Wednesday, June 24th. The semiconductor manufacturer reported $25.11 earnings per share for the quarter, topping analysts’ consensus estimates of $21.39 by $3.72. Micron Technology had a net margin of 55.91% and a return on equity of 71.13%. The firm had revenue of $41.46 billion for the quarter, compared to analyst estimates of $35.91 billion. During the same period in the previous year, the business posted $1.91 earnings per share. Micron Technology’s quarterly revenue was up 345.8% on a year-over-year basis. Micron Technology has set its Q4 2026 guidance at 30.000-32.000 EPS. On average, equities analysts predict that Micron Technology will post 72.93 earnings per share for the current fiscal year.

Insider Transactions at Micron Technology

In related news, CEO Sanjay Mehrotra sold 37,439 shares of the company’s stock in a transaction that occurred on Friday, May 29th. The shares were sold at an average price of $960.38, for a total transaction of $35,955,666.82. Following the sale, the chief executive officer directly owned 387,064 shares of the company’s stock, valued at $371,728,524.32. This represents a 8.82% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Lynn A. Dugle sold 1,300 shares of the stock in a transaction that occurred on Tuesday, June 30th. The stock was sold at an average price of $1,150.43, for a total transaction of $1,495,559.00. Following the sale, the director owned 17,728 shares in the company, valued at approximately $20,394,823.04. This trade represents a 6.83% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 177,179 shares of company stock valued at $181,826,211. 0.24% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the stock. California State Teachers Retirement System raised its stake in Micron Technology by 115,924.6% in the second quarter. California State Teachers Retirement System now owns 1,977,753,560 shares of the semiconductor manufacturer’s stock valued at $2,282,901,157,000 after buying an additional 1,976,048,961 shares in the last quarter. Andar Capital Management HK Ltd lifted its stake in Micron Technology by 856,960.3% during the second quarter. Andar Capital Management HK Ltd now owns 34,282,413 shares of the semiconductor manufacturer’s stock worth $39,571,847,000 after purchasing an additional 34,278,413 shares during the last quarter. Norges Bank purchased a new stake in Micron Technology during the fourth quarter worth approximately $6,433,456,000. Primecap Management Co. CA acquired a new position in Micron Technology in the second quarter valued at approximately $22,182,263,000. Finally, Legal & General Group Plc acquired a new position in Micron Technology in the second quarter valued at approximately $8,402,393,000. 80.84% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Micron Technology

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

• Positive Sentiment: New data indicates memory-chip prices could rise sharply during the current quarter, reinforcing the outlook for Micron’s DRAM and high-bandwidth memory businesses. However, analysis suggests Micron may capture less than the full potential increase because of product mix, contract structures, or competitive factors. Why Micron Will Miss Out on a 50% Rise in Memory Prices
• Positive Sentiment: Micron CEO Sanjay Mehrotra described memory as increasingly strategic rather than a commodity and highlighted a planned $10 billion research investment focused on next-generation AI memory. The company also continues to benefit from severe AI-related DRAM and HBM supply constraints.
• Positive Sentiment: Micron opened a 60,000-square-foot Boise training center and expanded its apprenticeship and community-college programs. The facility supports the company’s more than $250 billion U.S. manufacturing commitment and could help address labor shortages as new fabs ramp. Micron Opens State-of-the-Art Training Center
• Neutral Sentiment: Retail investors have rapidly accumulated memory-chip exposure through the Roundhill Memory ETF, which could support sentiment and trading demand for MU, but the fund’s holdings may not provide the targeted exposure investors expect. Memory ETF Reaches $25 Billion
• Negative Sentiment: Memory stocks fell as investors weighed reports that Apple could source chips from Chinese suppliers, potentially increasing competition and reducing demand for U.S.-based suppliers. Concerns about Chinese rival YMTC’s planned IPO added to the pressure.
• Negative Sentiment: MU declined more sharply than the broader market as investors took profits across semiconductor stocks ahead of Nvidia’s earnings report. The sector-wide risk reduction overshadowed Micron’s strong AI-demand narrative. Micron Dips Amid Semiconductor Selloff
• Negative Sentiment: Recent filings show substantial insider selling, including sales by CEO Sanjay Mehrotra and other executives, despite bullish commentary about demand. While sales may reflect diversification, they can weigh on investor confidence after MU’s strong rally.

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.