Key Points
- Steven Gomo, a Micron director, sold 5,000 shares on December 19 at an average price of $263.63, reducing his stake by 20.71% to 19,139 shares — the transaction was filed with the SEC.
- Micron posted blowout Q1 FY2026 results (EPS $4.78 vs $3.77 expected; revenue $13.64B) and said HBM capacity is sold out through 2026, driving analyst upgrades and higher price targets alongside a strong Q2 EPS guidance of 8.220–8.620.
- The company declared a quarterly dividend of $0.115 payable January 14 (yield ~0.2%) while institutional investors hold about 80.8% of shares, though some commentators warn of valuation and execution/CapEx risks.
Micron Technology, Inc. (NASDAQ:MU - Get Free Report) Director Steven Gomo sold 5,000 shares of the company's stock in a transaction that occurred on Friday, December 19th. The stock was sold at an average price of $263.63, for a total value of $1,318,150.00. Following the sale, the director directly owned 19,139 shares of the company's stock, valued at $5,045,614.57. The trade was a 20.71% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.
Micron Technology Price Performance
NASDAQ MU opened at $276.27 on Wednesday. The company has a market cap of $310.94 billion, a P/E ratio of 26.26, a P/E/G ratio of 0.17 and a beta of 1.54. The company has a current ratio of 2.46, a quick ratio of 1.78 and a debt-to-equity ratio of 0.19. Micron Technology, Inc. has a 1 year low of $61.54 and a 1 year high of $281.86. The company has a fifty day simple moving average of $231.82 and a 200 day simple moving average of $167.84.
Micron Technology (NASDAQ:MU - Get Free Report) last released its earnings results on Wednesday, December 17th. The semiconductor manufacturer reported $4.78 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.77 by $1.01. Micron Technology had a return on equity of 22.71% and a net margin of 28.15%.The firm had revenue of $13.64 billion for the quarter, compared to analyst estimates of $12.62 billion. During the same quarter last year, the firm posted $1.79 EPS. The company's revenue was up 56.7% on a year-over-year basis. Micron Technology has set its Q2 2026 guidance at 8.220-8.620 EPS. On average, sell-side analysts predict that Micron Technology, Inc. will post 6.08 EPS for the current year.
Micron Technology Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 14th. Investors of record on Monday, December 29th will be paid a $0.115 dividend. This represents a $0.46 annualized dividend and a dividend yield of 0.2%. The ex-dividend date is Monday, December 29th. Micron Technology's dividend payout ratio (DPR) is presently 4.37%.
Key Headlines Impacting Micron Technology
Here are the key news stories impacting Micron Technology this week:
- Positive Sentiment: Blowout earnings + sold‑out HBM: Micron reported a Q1 FY2026 beat and management said HBM capacity is sold out through 2026 with much of pricing locked — providing multi‑quarter revenue visibility and materially de‑risking near‑term cash flow and margins. Micron Technology (MU) Soars 10% on Stellar Earnings and Record 2026 Outlook
- Positive Sentiment: MarketBeat deep dive — AI memory supercycle validated: analysis highlights >50% gross margins, data‑center revenue share >50%, aggressive $20B FY2026 CapEx (fast‑tracking Idaho fab) and HBM4 sampling — all signals of durable structural change from cyclical memory vendor to high‑margin AI supplier. Micron Just Changed the AI Cycle—and the Market Knows It
- Positive Sentiment: Analyst bullishness and price‑target uplifts: multiple outlets report fresh analyst upgrades and higher price targets (some headlines cite targets up to $500), reinforcing momentum and prompting institutional window‑dressing demand. Micron (MU) Receives $500 Target as AI Fuels DRAM and NAND Demand
- Positive Sentiment: HBM market structure supports price power: coverage pieces outline constrained HBM supply through 2026–2027, large price increases for HBM, and why Micron is positioned to gain share — a demand/supply dynamic that supports outsized revenue and margin expansion. 4 Memorable Ways to Play the HBM Market Boom
- Neutral Sentiment: Broader market tailwind: major U.S. indexes were rising (S&P near record), which helped momentum names like Micron as investors re‑risk into AI winners during a quiet year‑end tape. Dow Jones Today: Major Stock Indexes Rise for 4th Straight Session
- Negative Sentiment: Valuation/mean‑reversion risk: some commentators warn the rally may have overshot fundamentals in the short term and that high CapEx, execution risk on new fabs, or a future easing in HBM pricing could introduce downside if demand or execution falters. Micron: Rally Went Too Far, This Party Shouldn't Last Forever
Hedge Funds Weigh In On Micron Technology
Several hedge funds have recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its holdings in Micron Technology by 0.7% during the 3rd quarter. Vanguard Group Inc. now owns 104,653,450 shares of the semiconductor manufacturer's stock worth $17,510,615,000 after purchasing an additional 773,788 shares during the last quarter. State Street Corp grew its position in shares of Micron Technology by 0.6% during the 3rd quarter. State Street Corp now owns 51,659,173 shares of the semiconductor manufacturer's stock worth $8,643,613,000 after buying an additional 285,582 shares during the period. Geode Capital Management LLC raised its stake in shares of Micron Technology by 1.2% during the second quarter. Geode Capital Management LLC now owns 25,690,491 shares of the semiconductor manufacturer's stock worth $3,152,974,000 after buying an additional 314,489 shares during the last quarter. Capital International Investors lifted its holdings in Micron Technology by 0.7% in the third quarter. Capital International Investors now owns 23,372,821 shares of the semiconductor manufacturer's stock valued at $3,910,198,000 after buying an additional 155,860 shares during the period. Finally, Norges Bank bought a new position in Micron Technology in the second quarter valued at approximately $1,980,700,000. Institutional investors own 80.84% of the company's stock.
Analysts Set New Price Targets
A number of research firms recently weighed in on MU. Barclays upped their target price on shares of Micron Technology from $240.00 to $275.00 and gave the company an "overweight" rating in a research note on Thursday, December 18th. Stifel Nicolaus boosted their target price on Micron Technology from $195.00 to $300.00 and gave the stock a "buy" rating in a report on Friday, December 12th. Wedbush set a $320.00 price target on Micron Technology in a report on Thursday, December 18th. Cowen reissued a "buy" rating on shares of Micron Technology in a research note on Thursday, December 11th. Finally, Cantor Fitzgerald increased their target price on Micron Technology from $300.00 to $350.00 and gave the stock an "overweight" rating in a report on Thursday, December 18th. Five analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Micron Technology presently has a consensus rating of "Buy" and a consensus price target of $282.61.
Check Out Our Latest Analysis on MU
About Micron Technology
(
Get Free Report)
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.
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