Micron Technology
About: Micron is one of the largest semiconductor companies in the world, specializing in memory and storage chips. Its primary revenue stream comes from dynamic random access memory, or DRAM, and it also has minority exposure to not-and or NAND, flash chips. Micron serves a global customer base, selling chips into data centers, mobile phones, consumer electronics, and industrial and automotive applications. The firm is vertically integrated.
Employees: 48,000
0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 22 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
18% more repeat investments, than reductions
Existing positions increased: 707 | Existing positions reduced: 601
4% less funds holding
Funds holding: 1,756 [Q2] → 1,678 (-78) [Q3]
4.9% less ownership
Funds ownership: 80.4% [Q2] → 75.5% (-4.9%) [Q3]
17% less funds holding in top 10
Funds holding in top 10: 76 [Q2] → 63 (-13) [Q3]
24% less call options, than puts
Call options by funds: $5.74B | Put options by funds: $7.57B
26% less capital invested
Capital invested by funds: $117B [Q2] → $86.9B (-$30.2B) [Q3]
28% less first-time investments, than exits
New positions opened: 197 | Existing positions closed: 275
Research analyst outlook
22 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$98
9%
upside
Avg. target
$134
49%
upside
High target
$250
177%
upside
22 analyst ratings
20 positive
91%
2 neutral
9%
0 negative
0%
Barclays Tom O'Malley 48% 1-year accuracy 21 / 44 met price target | 22%upside $110 | Overweight Maintained | 20 Dec 2024 |
Piper Sandler Harsh Kumar 54% 1-year accuracy 20 / 37 met price target | 33%upside $120 | Overweight Maintained | 19 Dec 2024 |
Morgan Stanley Joseph Moore 63% 1-year accuracy 36 / 57 met price target | 9%upside $98 | Equal-Weight Maintained | 19 Dec 2024 |
TD Cowen Krish Sankar 42% 1-year accuracy 11 / 26 met price target | 39%upside $125 | Buy Maintained | 19 Dec 2024 |
JP Morgan Harlan Sur 56% 1-year accuracy 19 / 34 met price target | 61%upside $145 | Overweight Maintained | 19 Dec 2024 |
Financial journalist opinion
Based on 114 articles about MU published over the past 30 days
Positive
The Motley Fool
4 hours ago
Micron's AI Opportunity Isn't as Big as It Looks
Memory chip manufacturer Micron (MU 3.48%) threw investors for a loop on Thursday with a quarterly report that featured an outlook that wasn't even in the ballpark of Wall Street's expectations.
Positive
The Motley Fool
5 hours ago
1 Super Semiconductor Stock to Buy Hand Over Fist in 2025, According to Wall Street
The semiconductor industry is the beating heart of the artificial intelligence (AI) revolution. Most investors are focused on Nvidia (NVDA 3.08%) -- and rightly so, because it makes the best data center chips for developing AI -- but it isn't the only semiconductor company cashing in on this technology boom.
Neutral
GlobeNewsWire
15 hours ago
INVESTIGATION ALERT (NASDAQ: MU): DiCello Levitt LLP Is Investigating Investor Claims Against Micron Technology, Inc. and Encourages MU Investors with Losses to Contact the Firm
SAN DIEGO, Dec. 20, 2024 (GLOBE NEWSWIRE) -- DiCello Levitt LLP announces that it is investigating whether Micron Technologies, Inc. (“Micron” or the “Company”) (NASDAQ: MU) violated the federal securities laws, issued false and/or misleading statements, and/or failed to disclose information required to be disclosed to investors.
Negative
Schwab Network
17 hours ago
Stock Market This Week: Rate Cut Sell-Off, BTC Below $100K, MU Plunges
Friday's rebound rally didn't fully reverse all the selling from the Fed's rate cut outlook announcement. The committee voted to cut another 25BPS but curbed the rate of cuts it originally projected for 2025.
Positive
Proactive Investors
18 hours ago
Nvidia, Micron and more semiconductors in analyst crosshairs this week
Analysts have an optimistic outlook on the semiconductor industry heading into 2025. Broadcom, Marvell Inc and Synopsys Inc are JPMorgan's top picks for the sector.
Positive
Seeking Alpha
18 hours ago
Micron Technology Q1: Undervalued And Innovative
Micron Technology, Inc. enjoys a leading position in cutting-edge AI memory technology with exposure to data center megatrends. The 17% share price decline opens an investment opportunity in an already undervalued company. Weak personal computer demand and inventory adjustments weigh on short-term outlook, but such fluctuations are typical in the industry.
Positive
Seeking Alpha
1 day ago
Micron Q1 Earnings: Buy This Dip
Micron's stock dropped 16% despite strong Q1 results due to disappointing Q2 guidance, creating a buying opportunity at less than 30 times earnings.
Neutral
Seeking Alpha
1 day ago
Micron's Growth Is Limited By Sold Out HBM (Rating Downgrade)
Micron's Q1'25 earnings met estimates, but Q2'25 guidance fell short, leading to a -16% after-hours selloff; revenue guidance is $1B below consensus estimates. Capital investments are forecast to grow by 70% for FY25 driven by expanding DRAM & HBM capacity and new facility builds. Despite strong data center performance, the consumer market may not recovery as anticipated as a result of limited consumer discretionary spending.
Positive
Seeking Alpha
1 day ago
Micron Stock: The Sell-Off We've Been Waiting For - Upgrading To Strong Buy
Micron Technology just reported its 1QFY25 earnings results and outlook, causing the stock to slide 16% lower for the day; we're upgrading the stock to a strong buy. We think the slower end demand rebound and industry oversupply are now priced into the stock and outlook, resetting expectations and making MU better positioned to outperform. We think MU will benefit from share gain in the HBM market as well as PC TAM expansion towards 2H25.
Negative
Finbold
1 day ago
Here's what's happening with Micron (MU) stock
Micron Technology (NASDAQ: MU) experienced a sharp 16% plunge on December 19, marking its worst trading day since March 2020.
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