Micron Technology (NASDAQ:MU – Get Free Report) updated its second quarter 2025 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 1.330-1.530 for the period, compared to the consensus estimate of 1.920. The company issued revenue guidance of $7.7 billion-$8.1 billion.
Micron Technology Trading Down 4.3 %
Shares of NASDAQ MU traded down $4.70 during mid-day trading on Wednesday, hitting $103.90. The stock had a trading volume of 49,423,415 shares, compared to its average volume of 21,502,830. The firm has a market cap of $115.75 billion, a P/E ratio of 152.80 and a beta of 1.16. Micron Technology has a 1 year low of $78.63 and a 1 year high of $157.54. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.68 and a current ratio of 2.64. The business has a 50 day moving average price of $103.80 and a two-hundred day moving average price of $109.12.
Micron Technology (NASDAQ:MU – Get Free Report) last released its quarterly earnings data on Wednesday, September 25th. The semiconductor manufacturer reported $1.18 earnings per share for the quarter, topping the consensus estimate of $0.97 by $0.21. Micron Technology had a return on equity of 1.58% and a net margin of 3.10%. The business had revenue of $7.75 billion during the quarter, compared to analysts’ expectations of $7.65 billion. During the same quarter last year, the business posted ($1.21) EPS. The business’s revenue was up 93.3% on a year-over-year basis. On average, equities analysts anticipate that Micron Technology will post 8.31 EPS for the current fiscal year.
Micron Technology Dividend Announcement
Analysts Set New Price Targets
MU has been the topic of several research reports. Raymond James lifted their price objective on Micron Technology from $125.00 to $140.00 and gave the company an “outperform” rating in a research report on Thursday, September 26th. Cantor Fitzgerald reissued an “overweight” rating and set a $150.00 price objective on shares of Micron Technology in a research report on Tuesday, October 1st. Wells Fargo & Company reduced their target price on shares of Micron Technology from $190.00 to $175.00 and set an “overweight” rating on the stock in a research report on Wednesday, September 18th. Bank of America boosted their price objective on shares of Micron Technology from $110.00 to $125.00 and gave the stock a “buy” rating in a research note on Thursday, September 26th. Finally, Needham & Company LLC reiterated a “buy” rating and set a $140.00 target price on shares of Micron Technology in a report on Thursday, September 26th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and twenty-seven have issued a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $142.21.
Get Our Latest Stock Report on Micron Technology
Insiders Place Their Bets
In other news, EVP April S. Arnzen sold 4,890 shares of the company’s stock in a transaction on Thursday, September 26th. The stock was sold at an average price of $113.00, for a total value of $552,570.00. Following the completion of the sale, the executive vice president now directly owns 135,830 shares in the company, valued at $15,348,790. This represents a 3.47 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Insiders own 0.30% 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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