KeyCorp Issues Positive Forecast for Micron Technology (NASDAQ:MU) Stock Price

Micron Technology (NASDAQ:MU) had its price target raised by research analysts at KeyCorp from $1,600.00 to $1,750.00 in a research report issued on Tuesday,Benzinga reports. The firm presently has an “overweight” rating on the semiconductor manufacturer’s stock. KeyCorp’s target price suggests a potential upside of 86.93% from the company’s current price.

MU has been the topic of several other reports. Stifel Nicolaus upped their price objective on Micron Technology from $550.00 to $1,500.00 and gave the company a “buy” rating in a research report on Thursday, June 18th. Wolfe Research set a $1,500.00 price objective on Micron Technology in a research report on Thursday, June 25th. Needham & Company LLC boosted their target price on shares of Micron Technology from $1,550.00 to $1,650.00 and gave the company a “buy” rating in a research note on Thursday, June 25th. Barclays raised their price target on shares of Micron Technology from $1,175.00 to $2,000.00 and gave the stock an “overweight” rating in a research note on Thursday, June 25th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Micron Technology in a report on Tuesday, May 12th. Five equities research analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of $1,268.93.

Micron Technology Trading Down 4.4%

Shares of MU opened at $936.18 on Tuesday. The company has a debt-to-equity ratio of 0.05, a current ratio of 3.42 and a quick ratio of 2.98. Micron Technology has a 1-year low of $103.38 and a 1-year high of $1,255.00. The stock has a market cap of $1.06 trillion, a price-to-earnings ratio of 21.19 and a beta of 2.14. The firm has a 50 day simple moving average of $931.65 and a 200-day simple moving average of $584.94.

Micron Technology (NASDAQ:MU) last posted its earnings results on Wednesday, June 24th. The semiconductor manufacturer reported $25.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $21.39 by $3.72. The firm had revenue of $41.46 billion for the quarter, compared to analyst estimates of $35.91 billion. Micron Technology had a return on equity of 71.13% and a net margin of 55.91%.Micron Technology’s revenue was up 345.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.91 EPS. Micron Technology has set its Q4 2026 guidance at 30.000-32.000 EPS. Equities analysts forecast that Micron Technology will post 72.94 EPS for the current fiscal year.

Insider Transactions at Micron Technology

In other Micron Technology news, Director Steven J. Gomo sold 2,000 shares of Micron Technology stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $787.03, for a total transaction of $1,574,060.00. Following the transaction, the director directly owned 17,139 shares of the company’s stock, valued at $13,488,907.17. The trade was a 10.45% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Lynn A. Dugle sold 1,300 shares of the business’s 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 of the company’s stock, valued at approximately $20,394,823.04. This 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 90 days, insiders have sold 163,300 shares of company stock valued at $152,667,204. 0.24% of the stock is owned by company insiders.

Hedge Funds Weigh In On Micron Technology

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Heritage Trust Co lifted its holdings in Micron Technology by 9.7% during the 4th quarter. Heritage Trust Co now owns 15,026 shares of the semiconductor manufacturer’s stock worth $4,289,000 after buying an additional 1,323 shares during the last quarter. Fulton Bank N.A. increased its stake in Micron Technology by 79.1% during the fourth quarter. Fulton Bank N.A. now owns 16,183 shares of the semiconductor manufacturer’s stock valued at $4,619,000 after purchasing an additional 7,147 shares during the last quarter. Financial Synergies Wealth Advisors Inc. bought a new position in shares of Micron Technology in the 4th quarter worth about $1,316,000. PKO BP BANKOWY Universal Pension Society JSC acquired a new position in shares of Micron Technology in the 4th quarter valued at about $61,306,000. Finally, Dara Capital US Inc. bought a new stake in shares of Micron Technology during the 4th quarter valued at about $2,926,000. Institutional investors and hedge funds own 80.84% of the company’s stock.

Micron Technology News Summary

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

• Positive Sentiment: Analysts remain upbeat on Micron’s AI memory opportunity, citing strong memory-chip pricing, persistent HBM shortages, and long-term customer contracts that improve revenue visibility. The Case for Micron Stock Rising Nearly 90%
• Positive Sentiment: Micron’s continued investment in supply-chain security, including a $3 billion stake in GlobalWafers, is being framed as a strategic move to protect AI-related output as demand rises. Micron (MU) Just Put $3 Billion Into GlobalWafers To Secure AI Supply
• Positive Sentiment: Multiple reports highlight Micron as a beneficiary of the AI infrastructure boom, with large customer commitments and multi-year contracts suggesting the company can sustain strong sales and earnings growth. Why Micron Technology (MU) Is Securing Long-Term AI Memory Demand With $22 Billion in Customer Commitments
• Neutral Sentiment: Micron is still drawing heavy investor attention as a major AI and semiconductor name, with articles noting the stock’s huge year-to-date run and continued debate over whether the rally has further to go. Why Micron Technology Stock Soared 304% in the First Half of 2026 and Why There Might Be More to Come
• Negative Sentiment: Micron has also been pressured by a broader selloff in chip stocks, as weakness in SK Hynix and concerns about memory-company spending have sparked fears that the AI trade may be cooling. Micron Stock Drops as Memory Rivals’ Surging Spending Stokes Fears
• Negative Sentiment: Rising geopolitical तनाव and risk-off sentiment have also weighed on semiconductors, with the U.S.-Iran conflict and higher oil prices contributing to a broader pullback in chip names. Dow Jones Futures: Nasdaq Sells Off, Oil Prices Spike On Trump Blockade; Micron, Sandisk, SK Hynix, SpaceX Dive

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.