Micron Technology (NASDAQ:MU) Overview and Analyst Ratings

Micron Technology (NASDAQ:MU) is a leading player in the semiconductor industry, specializing in memory and storage solutions. The company is known for its dynamic random-access memory (DRAM) and NAND flash memory products, which are essential components in various electronic devices. Micron competes with other major semiconductor companies like Samsung and SK Hynix.

On June 26, 2025, Raymond James maintained its "Outperform" rating for Micron, with the stock priced at approximately $126.56. This rating suggests that Raymond James expects Micron to perform better than the overall market. The firm also raised its price target for Micron from $120 to $150, indicating confidence in the company's future growth prospects.

Following Micron's recent earnings report, several analysts have shown increased optimism. At least three analysts have raised their price targets, with the average recommendation now at $141. This reflects Wall Street's positive sentiment towards Micron's performance, as highlighted by the stock's recent gains.

Despite the positive outlook, Micron's stock price has seen a slight decrease of about 0.75%, or $0.95, bringing it to approximately $126.30. The stock has traded between a low of $124.33 and a high of $130.05 today. Over the past year, Micron's stock has experienced significant fluctuations, with a high of $137.39 and a low of $61.54.

Micron Technology's market capitalization is approximately $141.14 billion, indicating its substantial size in the semiconductor industry. The trading volume for the day is around 32.08 million shares, reflecting active investor interest. As Micron continues to navigate the competitive landscape, its performance remains closely watched by analysts and investors alike.