Micron Technology (NASDAQ:MU – Get Free Report) updated its third quarter 2025 earnings guidance on Thursday. The company provided EPS guidance of 1.470-1.670 for the period, compared to the consensus EPS 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.
Analyst Ratings Changes
A number of analysts recently commented on the company. KGI Securities raised Micron Technology to a “strong-buy” rating in a research note on Friday, February 21st. Barclays lowered their price target on shares of Micron Technology from $145.00 to $110.00 and set an “overweight” rating for the company in a report on Friday, December 20th. Wells Fargo & Company reduced their price objective on shares of Micron Technology from $140.00 to $130.00 and set an “overweight” rating on the stock in a research note on Thursday, March 13th. Piper Sandler lowered their target price on shares of Micron Technology from $150.00 to $120.00 and set an “overweight” rating for the company in a research note on Thursday, December 19th. Finally, Cantor Fitzgerald reduced their price target on Micron Technology from $150.00 to $130.00 and set an “overweight” rating on the stock in a research note on Thursday, December 19th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating, twenty-three have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, Micron Technology currently has an average rating of “Moderate Buy” and a consensus target price of $134.16.
Read Our Latest Research Report on MU
Micron Technology Stock Up 0.9 %
Micron Technology (NASDAQ:MU – Get Free Report) last announced its earnings results on Wednesday, December 18th. The semiconductor manufacturer reported $1.79 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.60 by $0.19. The company had revenue of $8.71 billion for the quarter, compared to analyst estimates of $8.71 billion. Micron Technology had a return on equity of 8.32% and a net margin of 13.34%. Micron Technology’s quarterly revenue was up 84.3% on a year-over-year basis. During the same period in the prior year, the company posted ($0.95) EPS. Analysts forecast that Micron Technology will post 6.08 EPS for the current year.
Insider Activity
In related news, Director Mary Pat Mccarthy sold 2,404 shares of the stock in a transaction dated Monday, March 3rd. The shares were sold at an average price of $92.93, for a total value of $223,403.72. Following the sale, the director now owns 27,358 shares of the company’s stock, valued at $2,542,378.94. This trade represents a 8.08 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP April S. Arnzen sold 4,890 shares of the business’s stock in a transaction dated Friday, December 20th. The shares were sold at an average price of $85.21, for a total transaction of $416,676.90. Following the transaction, the executive vice president now directly owns 181,223 shares of the company’s stock, valued at $15,442,011.83. The trade was a 2.63 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.30% of the company’s stock.
Hedge Funds Weigh In On Micron Technology
A hedge fund recently raised its stake in Micron Technology stock. Brighton Jones LLC boosted its stake in Micron Technology, Inc. (NASDAQ:MU – Free Report) by 18.3% in the fourth quarter, according to its most recent filing 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 period. 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.
Micron Technology Company Profile
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.
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