In last trading session, Micron Technology Inc (NASDAQ:MU) saw 62.01 million shares changing hands with its beta currently measuring 1.32. Company’s recent per share price level of $126.0 trading at -$1.25 or -0.98% at ring of the bell on the day assigns it a market valuation of $140.81B. That closing price of MU’s stock is at a discount of -14.34% from its 52-week high price of $144.07 and is indicating a premium of 51.16% from its 52-week low price of $61.54. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 27.8 million shares which gives us an average trading volume of 23.17 million if we extend that period to 3-months.
For Micron Technology Inc (MU), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.52. Splitting up the data highlights that, out of 32 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 5 suggested the stock as a Hold whereas 27 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.
Micron Technology Inc (NASDAQ:MU) trade information
Upright in the red during last session for losing -0.98%, in the last five days MU remained trading in the green while hitting it’s week-highest on Thursday, 06/26/25 when the stock touched $126.0 price level, adding 2.96% to its value on the day. Micron Technology Inc’s shares saw a change of -9.36% in year-to-date performance and have moved 3.43% in past 5-day. Micron Technology Inc (NASDAQ:MU) showed a performance of 30.73% in past 30-days. Number of shares sold short was 32.1 million shares which calculate 1.79 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 145 to the stock, which implies a rise of 13.1% to its current value. Analysts have been projecting 125 as a low price target for the stock while placing it at a high target of 170. It follows that stock’s current price would jump 0.79% in reaching the projected high whereas dropping to the targeted low would mean a gain of 0.79% for stock’s current value.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -33.89% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 488.13% while estimates for its earnings growth in next 5 years are of 118.08%.
MU Dividends
Micron Technology Inc is more likely to be releasing its next quarterly report on 2025-Jun-25 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt. With an annual yield of 0.37%, the share has a forward dividend of 0.46 which implies that company’s dividend yield remained growing in trailing twelve months while having a 5 year average dividend yield of 0.33%.
Micron Technology Inc (NASDAQ:MU)’s Major holders
Insiders are in possession of 0.24% of company’s total shares while institution are holding 83.20 percent of that, with stock having share float percentage of 83.40%. Investors also watch the number of corporate investors in a company very closely, which is 83.20% institutions for Micron Technology Inc that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at MU for having 97.69 million shares of worth $12.85 billion. And as of 2024-06-30, it was holding 8.8246 of the company’s outstanding shares.
The second largest institutional holder is BLACKROCK INC., which was holding about 91.82 million shares on 2024-06-30. The number of shares represents firm’s hold over 8.2943 of outstanding shares, having a total worth of $12.08 billion.
