Micron Technology (NASDAQ:MU – Get Free Report) issued an update on its third quarter 2025 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 1.470-1.670 for the period, compared to the consensus estimate of 1.520. The company issued revenue guidance of $8.6 billion-$9.0 billion, compared to the consensus revenue estimate of $8.5 billion. Micron Technology also updated its Q3 guidance to 1.47-1.67 EPS.
Wall Street Analyst Weigh In
MU has been the subject of several research analyst reports. Cantor Fitzgerald cut their price objective on Micron Technology from $150.00 to $130.00 and set an “overweight” rating for the company in a report on Thursday, December 19th. Rosenblatt Securities reiterated a “buy” rating and issued a $250.00 price target on shares of Micron Technology in a research report on Wednesday, December 18th. Robert W. Baird reduced their price objective on shares of Micron Technology from $150.00 to $130.00 and set an “outperform” rating for the company in a research report on Thursday, December 19th. Barclays dropped their target price on shares of Micron Technology from $145.00 to $110.00 and set an “overweight” rating on the stock in a report on Friday, December 20th. Finally, KGI Securities upgraded shares of Micron Technology to a “strong-buy” rating in a report on Friday, February 21st. One equities research analyst has rated the stock with a sell rating, three have given a hold rating, twenty-three have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $134.16.
Get Our Latest Report on Micron Technology
Micron Technology Stock Up 0.9 %
Micron Technology (NASDAQ:MU – Get Free Report) last posted its quarterly earnings results on Wednesday, December 18th. The semiconductor manufacturer reported $1.79 earnings per share for the quarter, topping analysts’ consensus estimates of $1.60 by $0.19. The business had revenue of $8.71 billion for the quarter, compared to the consensus estimate of $8.71 billion. Micron Technology had a net margin of 13.34% and a return on equity of 8.32%. Micron Technology’s revenue for the quarter was up 84.3% compared to the same quarter last year. During the same period in the prior year, the business posted ($0.95) earnings per share. On average, sell-side analysts expect that Micron Technology will post 6.08 EPS for the current fiscal year.
Insider Activity at Micron Technology
In other Micron Technology news, Director Mary Pat Mccarthy sold 2,404 shares of the company’s stock in a transaction dated 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 $2,542,378.94. This represents a 8.08 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP April S. Arnzen sold 4,890 shares of the stock in a transaction that occurred on Friday, December 20th. The shares were sold at an average price of $85.21, for a total value of $416,676.90. Following the sale, the executive vice president now owns 181,223 shares of the company’s stock, valued at approximately $15,442,011.83. The trade was a 2.63 % decrease in their position. The disclosure for this sale can be found here. 0.30% of the stock is owned by company insiders.
Institutional Investors Weigh In On Micron Technology
A hedge fund recently raised its stake in Micron Technology stock. Brighton Jones LLC increased its position in shares of Micron Technology, Inc. (NASDAQ:MU – Free Report) by 18.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 6,318 shares of the semiconductor manufacturer’s stock after buying an additional 976 shares during the quarter. Brighton Jones LLC’s holdings in Micron Technology were worth $532,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 80.84% of the company’s stock.
About Micron Technology
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.
See Also
- Five stocks we like better than Micron Technology
- Short Selling: How to Short a Stock
- Everything About Amazon Stock Signals a Buy—Time to Load Up?
- How to Read Stock Charts for Beginners
- 5 Reasons Five Below’s Stock Price Is Heading Higher This Year
- Should You Add These Warren Buffett Stocks to Your Portfolio?
- Broadcom: Why the Chip Stock Remains a Top Long-Term AI Play
Receive News & Ratings for Micron Technology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Micron Technology and related companies with MarketBeat.com's FREE daily email newsletter.