<div id="readability-page-1"><p>Micron Technology, Inc. (NASDAQ:MU - Get Free Report)'s share price hit a new 52-week high during trading on Wednesday . The stock traded as high as $237.89 and last traded at $237.5520, with a volume of 18469648 shares. The stock had previously closed at $218.03.</p><div><p><span></span><span>Get <strong>Micron Technology</strong> alerts:</span></p></div><h2>Wall Street Analyst Weigh In</h2><ul><li>Does the Trump-Induced Quantum Stock Rally Have Legs?</li></ul><p>Several brokerages have weighed in on MU. Susquehanna raised their price objective on Micron Technology from $160.00 to $200.00 and gave the company a &#34;positive&#34; rating in a research note on Wednesday, September 17th. JPMorgan Chase &amp; Co. raised their price target on shares of Micron Technology from $185.00 to $220.00 and gave the company an &#34;overweight&#34; rating in a research report on Wednesday, September 24th. Wedbush boosted their price target on shares of Micron Technology from $200.00 to $220.00 and gave the stock an &#34;outperform&#34; rating in a report on Wednesday, September 24th. BNP Paribas Exane upgraded shares of Micron Technology from an &#34;underperform&#34; rating to an &#34;outperform&#34; rating and set a $270.00 price objective for the company in a research note on Monday, October 13th. Finally, Weiss Ratings raised shares of Micron Technology from a &#34;hold (c+)&#34; rating to a &#34;buy (b-)&#34; rating in a research report on Saturday. Five research analysts have rated the stock with a Strong Buy rating, twenty-six have assigned  a Buy rating and four have issued  a Hold rating to the company. Based on data from MarketBeat.com, the stock  has a consensus rating of &#34;Buy&#34; and an average target price of $202.79.</p><p><b>Check Out Our Latest Stock Report on Micron Technology</b></p><h2>Micron Technology Price Performance</h2><ul><li>Why Micron Stock Could Soar 35% on AI Memory Demand</li></ul><p>The stock has a market cap of $267.27 billion, a price-to-earnings ratio of 31.34, a PEG ratio of 0.51 and a beta of 1.62. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.79 and a current ratio of 2.52. The company has a 50-day moving average of $174.23 and a 200-day moving average of $130.76. </p><p>Micron Technology (NASDAQ:MU - Get Free Report) last issued its earnings results on Tuesday, September 23rd. The semiconductor manufacturer reported $2.86 EPS for the quarter, hitting the consensus estimate of $2.86. Micron Technology had a net margin of 22.84% and a return on equity of 17.21%. The company had revenue of $11.32 billion for the quarter, compared to analyst estimates of $11.05 billion. During the same period in the previous year, the firm earned $1.18 EPS. The business's revenue was up 46.1% on a year-over-year basis.  Micron Technology has set its Q1 2026 guidance at 3.600-3.900 EPS. As a group, equities research analysts predict that  Micron Technology, Inc. will post 6.08 earnings per share for the current year. </p><h2>Micron Technology Announces Dividend</h2><ul><li>Micron’s Stock Price Rally Is Not Over: MU $190 Is Coming Soon</li></ul><p>The company also recently announced a quarterly dividend, which was paid on Tuesday, October 21st. Shareholders of record on Friday, October 3rd were paid a $0.115 dividend. This represents a $0.46 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend was Friday, October 3rd. Micron Technology's payout ratio is presently 6.06%. </p><h2>Insiders Place Their Bets</h2><p>In related news, CFO Mark J. Murphy sold 126,000 shares of the company's stock in a transaction on Thursday, October 30th. The stock was sold at an average price of $225.31, for a total value of $28,389,060.00. Following the completion of the transaction, the chief financial officer directly owned 219,693 shares in the company, valued at approximately $49,499,029.83. This represents a 36.45% 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. Also, CEO Sanjay Mehrotra sold 10,602 shares of the stock in a transaction dated Thursday, October 30th. The stock was sold at an average price of $225.23, for a total transaction of $2,387,888.46. Following the transaction, the chief executive officer owned 409,078 shares in the company, valued at approximately $92,136,637.94. The trade was a 2.53% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 397,256 shares of company stock worth $82,321,039 in the last three months. Company insiders own  0.30% of the company's stock. </p><h2>Hedge Funds Weigh In On Micron Technology</h2><p>A number of institutional investors have recently made changes to their positions in the business. Vanguard Group Inc. grew its holdings in  Micron Technology by 1.9% during the 2nd quarter. Vanguard Group Inc. now owns 103,879,662 shares of the semiconductor manufacturer's stock worth $12,803,168,000 after acquiring an additional 1,973,294 shares in the last quarter.  State Street Corp lifted its position in  Micron Technology by 2.7% in the 2nd quarter. State Street Corp now owns 51,373,591 shares of the semiconductor manufacturer's stock valued at $6,331,795,000 after purchasing an additional 1,349,713 shares during the last quarter.  Geode Capital Management LLC boosted its position in  Micron Technology by 1.2% during the 2nd quarter. Geode Capital Management LLC now owns 25,690,491 shares of the semiconductor manufacturer's stock worth $3,152,974,000 after acquiring an additional 314,489 shares during the period.  Norges Bank acquired a new stake in  Micron Technology in the second quarter worth about $1,980,700,000.  Finally, Goldman Sachs Group Inc. raised its position in shares of  Micron Technology by 23.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 10,616,488 shares of the semiconductor manufacturer's stock worth $922,467,000 after buying an additional 2,038,641 shares in the last quarter. 80.84% of the stock is owned by institutional investors and hedge funds. </p><h2>Micron Technology Company Profile</h2> (Get Free Report)<p>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.</p><h2>See Also</h2><ul><li>Five stocks we like better than Micron Technology</li><li>How to Capture the Benefits of Dividend Increases</li><li>Spotify Posts Huge EPS Beat: Shares Are Still Down Big From Highs</li><li>Business Services Stocks Investing</li><li>Stardust's Strategic Lithium Deal Could Be a Game-Changer</li><li>Investing in Travel Stocks Benefits</li><li>Sticker Shock: Why Kimberly-Clark's Sell-Off Is an Overreaction</li></ul><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Micron Technology Right Now?</h2><p>Before you consider Micron Technology, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Micron Technology wasn't on the list.</p><p>While Micron Technology currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Micron Technology (NASDAQ:MU) reached a new 52-week high of $237.89, closing at $237.55 with significant trading volume. Analysts have raised price targets, with Susquehanna at $200, JPMorgan at $220, and BNP Paribas at $270. The stock has a consensus rating of "Buy" and an average target price of $202.79. Micron reported $2.86 EPS, matching estimates, with revenue up 46.1% year-over-year. The company announced a quarterly dividend of $0.115. Insiders sold shares recently, and institutional investors have adjusted their positions accordingly.</p>

- Micron Technology, Inc. reached a new 52-week high of $237.89, with a trading volume of 18,469,648 shares.  
- Several brokerages have raised their price targets for the stock, with a consensus rating of "Buy" and an average target price of $202.79.  
- The company reported a revenue of $11.32 billion for the quarter, exceeding analyst estimates, and announced a quarterly dividend of $0.115 per share.  

Micron Technology (NASDAQ:MU) Reaches New 52-Week High - Time to Buy?