Micron Technology (NASDAQ:MU) Releases Q3 Earnings Guidance

Micron Technology (NASDAQ:MU) updated its third quarter earnings guidance on Thursday. The company provided EPS guidance of 1.47-1.67 for the period, compared to the consensus EPS estimate of $1.52. The company issued revenue guidance of 8.60-9.0, compared to the consensus revenue estimate of $8.48 billion. Micron Technology also updated its Q3 2025 guidance to 1.470-1.670 EPS.

Analyst Ratings Changes

A number of analysts recently weighed in on the company. UBS Group lifted their price target on Micron Technology from $125.00 to $130.00 and gave the company a “buy” rating in a research note on Monday, March 17th. JPMorgan Chase & Co. dropped their target price on Micron Technology from $145.00 to $135.00 and set an “overweight” rating for the company in a research note on Friday. KGI Securities upgraded Micron Technology to a “strong-buy” rating in a research note on Friday, February 21st. Wells Fargo & Company decreased their target price on Micron Technology from $140.00 to $130.00 and set an “overweight” rating for the company in a research report on Thursday, March 13th. Finally, Citigroup decreased their target price on Micron Technology from $150.00 to $120.00 and set a “buy” rating for the company in a research report on Friday. One analyst has rated the stock with a sell rating, three have given a hold rating, twenty-one have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $132.63.

Micron Technology Stock Down 8.0 %

Shares of Micron Technology stock opened at $94.72 on Friday. The company has a current ratio of 2.72, a quick ratio of 1.75 and a debt-to-equity ratio of 0.28. The business’s 50 day simple moving average is $96.82 and its 200-day simple moving average is $98.21. The stock has a market capitalization of $105.53 billion, a price-to-earnings ratio of 27.30 and a beta of 1.23. Micron Technology has a twelve month low of $83.54 and a twelve month high of $157.54.

Micron Technology (NASDAQ:MU) last posted its earnings results on Thursday, March 20th. The semiconductor manufacturer reported $1.56 EPS for the quarter, beating the consensus estimate of $1.43 by $0.13. The firm had revenue of $8.05 billion for the quarter, compared to analysts’ expectations of $7.93 billion. Micron Technology had a return on equity of 8.32% and a net margin of 13.34%. The firm’s revenue was up 38.2% compared to the same quarter last year. During the same period last year, the firm earned $0.42 EPS. Equities research analysts forecast that Micron Technology will post 6.08 earnings per share for the current year.

Micron Technology Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be issued a dividend of $0.115 per share. The ex-dividend date of this dividend is Monday, March 31st. This represents a $0.46 dividend on an annualized basis and a dividend yield of 0.49%. Micron Technology’s dividend payout ratio is currently 13.26%.

Insider Buying and Selling

In related news, Director Mary Pat Mccarthy sold 2,404 shares of the firm’s stock in a transaction that occurred on Monday, March 3rd. The shares were sold at an average price of $92.93, for a total transaction of $223,403.72. Following the completion of the sale, the director now directly owns 27,358 shares in the company, valued at approximately $2,542,378.94. This trade represents a 8.08 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Company insiders own 0.30% of the company’s stock.

Institutional Investors Weigh In On Micron Technology

An institutional investor recently raised its position in Micron Technology stock. Brighton Jones LLC grew its holdings in shares of Micron Technology, Inc. (NASDAQ:MU) by 18.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,318 shares of the semiconductor manufacturer’s stock after purchasing an additional 976 shares during the quarter. Brighton Jones LLC’s holdings in Micron Technology were worth $532,000 as of its most recent filing with the Securities and Exchange Commission. Institutional investors and hedge funds 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.