Stocks of Micron Technology Inc (NASDAQ:MU) traded higher last session on Wall Street, down -1.94% to $119.92.
MU stock price is now 17.15% away from the 50-day moving average and 22.93% away from the 200-day moving average. The market capitalization of the company currently stands at $134.21B.
With the price target enhanced from $150 to $170, Wells Fargo maintained Overweight rating for Micron Technology Inc (NASDAQ: MU). On June 26, 2025, UBS reiterated its ‘Buy’ rating on the stock by increasing its target price from $120 to quote $155, while ‘TD Cowen’ rates the stock as ‘Buy’
In other news, McCarthy Mary Pat, Director sold 2,404 shares of the company’s stock on Jul 01 ’25. The stock was sold for $291,562 at an average price of $121.28. Upon completion of the transaction, the Director now directly owns 22,550 shares in the company, valued at $2.7 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 30 ’25, EVP, Global Operations BHATIA MANISH H sold 80,000 shares of the business’s stock. A total of $9,852,800 was realized by selling the stock at an average price of $123.16. This leaves the insider owning 275,067 shares of the company worth $32.99 million. A total of 0.45% of the company’s stock is owned by insiders.
During the past 12 months, Micron Technology Inc has had a low of $61.54 and a high of $137.13. As of last week, the company has a debt-to-equity ratio of 0.32, a current ratio of 2.75, and a quick ratio of 1.89. According to the stock market information, the enterprise value for the company is $143334162432, which is based on a 21.65 price-to-earnings ratio, a 0.18 price-to-earnings-growth ratio, and a beta of 1.39. The fifty day moving average price for MU is $102.3672 and a two-hundred day moving average price translates $97.5484 for the stock.
The latest earnings results from Micron Technology Inc (NASDAQ: MU) was released for 2025-05-29. The net profit margin was 18.41% and return on equity was 13.11% for MU. The company reported revenue of $9.3 billion for the quarter, compared to $6.81 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 36.56 percent. For the current quarter, analysts expect MU to generate $10.73B in revenue.
