Cantor Fitzgerald Forecasts Strong Price Appreciation for Micron Technology (NASDAQ:MU) Stock

21 Mar 2026, 09:02 by Renee Jackson · The Cerbat Gem

Micron Technology (NASDAQ:MU – Get Free Report) had its price objective boosted by equities researchers at Cantor Fitzgerald from $450.00 to $700.00 in a report released on Thursday,Benzinga reports. The firm currently has an “overweight” rating on the semiconductor manufacturer’s stock. Cantor Fitzgerald’s price target indicates a potential upside of 65.56% from the stock’s previous close.

Other research analysts have also recently issued reports about the stock. Wolfe Research boosted their target price on shares of Micron Technology from $300.00 to $350.00 and gave the company an “outperform” rating in a research note on Thursday, December 18th. Bank of America increased their target price on shares of Micron Technology from $300.00 to $400.00 and gave the company a “buy” rating in a research report on Tuesday, January 13th. Summit Insights cut shares of Micron Technology from a “buy” rating to a “hold” rating in a report on Thursday. The Goldman Sachs Group reiterated a “neutral” rating and issued a $360.00 price objective on shares of Micron Technology in a research note on Monday, March 2nd. Finally, Susquehanna increased their price objective on Micron Technology from $345.00 to $525.00 and gave the company a “positive” rating in a report on Monday, March 9th. Five research analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of $453.55.

Get Our Latest Analysis on Micron Technology

Micron Technology Trading Down 4.8%

Shares of Micron Technology stock opened at $422.81 on Thursday. The firm has a market cap of $475.87 billion, a PE ratio of 19.96 and a beta of 1.50. Micron Technology has a 1 year low of $61.54 and a 1 year high of $471.34. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.90 and a quick ratio of 1.78. The stock has a fifty day moving average price of $402.64 and a 200-day moving average price of $283.04.

Micron Technology (NASDAQ:MU – Get Free Report) last issued its quarterly earnings results on Wednesday, March 18th. The semiconductor manufacturer reported $12.20 earnings per share for the quarter, topping analysts’ consensus estimates of $8.50 by $3.70. The company had revenue of $23.86 billion for the quarter, compared to the consensus estimate of $18.90 billion. Micron Technology had a net margin of 41.49% and a return on equity of 41.16%. The firm’s quarterly revenue was up 196.3% on a year-over-year basis. During the same period in the previous year, the firm earned $1.56 EPS. Equities research analysts anticipate that Micron Technology will post 6.08 EPS for the current year.

Insider Activity

In related news, CAO Scott R. Allen sold 2,000 shares of the business’s stock in a transaction that occurred on Tuesday, January 6th. The shares were sold at an average price of $337.50, for a total transaction of $675,000.00. Following the completion of the transaction, the chief accounting officer owned 38,237 shares of the company’s stock, valued at approximately $12,904,987.50. The trade was a 4.97% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP April S. Arnzen sold 15,000 shares of the company’s stock in a transaction that occurred on Monday, December 22nd. The stock was sold at an average price of $277.09, for a total transaction of $4,156,350.00. Following the sale, the executive vice president directly owned 165,618 shares in the company, valued at $45,891,091.62. This trade represents a 8.30% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders purchased 23,200 shares of company stock valued at $7,821,723 and sold 68,623 shares valued at $25,989,258. Corporate insiders own 0.24% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Manning & Napier Advisors LLC raised its position in shares of Micron Technology by 2.4% in the fourth quarter. Manning & Napier Advisors LLC now owns 1,030 shares of the semiconductor manufacturer’s stock worth $301,000 after buying an additional 24 shares in the last quarter. SWAN Capital LLC grew its position in Micron Technology by 9.7% during the fourth quarter. SWAN Capital LLC now owns 271 shares of the semiconductor manufacturer’s stock worth $77,000 after buying an additional 24 shares in the last quarter. Vivaldi Capital Management LP grew its position in Micron Technology by 1.2% during the fourth quarter. Vivaldi Capital Management LP now owns 1,964 shares of the semiconductor manufacturer’s stock worth $561,000 after buying an additional 24 shares in the last quarter. Round Rock Advisors LLC increased its stake in Micron Technology by 0.6% in the 4th quarter. Round Rock Advisors LLC now owns 4,333 shares of the semiconductor manufacturer’s stock worth $1,237,000 after acquiring an additional 25 shares during the last quarter. Finally, Arlington Trust Co LLC raised its holdings in shares of Micron Technology by 26.3% in the 4th quarter. Arlington Trust Co LLC now owns 120 shares of the semiconductor manufacturer’s stock valued at $34,000 after acquiring an additional 25 shares in the last quarter. 80.84% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting Micron Technology

Here are the key news stories impacting Micron Technology this week:

Positive Sentiment: Q2 blowout: Micron reported huge revenue and EPS beats and raised forward guidance, reinforcing AI-driven DRAM/HBM demand and pricing power. Micron’s Mic‑Drop Quarter: AI Memory Demand Supercharged Earnings
Positive Sentiment: Wall Street lifts price targets and reiterates buys (multiple firms raised PTs substantially), signaling analyst conviction in a sustained AI memory cycle. Bank of America revamps Micron stock price target post earnings
Positive Sentiment: Supply tightness/HBM momentum: Micron has started volume shipments of HBM4 and analysts highlight persistent HBM shortages that support pricing and margins. Micron Announces Starting Volume Shipment of HBM4 36GB
Neutral Sentiment: Technical/volatility notes: commentators flag a fast breakout then pullback — some view current action as a potential re-entry/buy-the-dip opportunity while others warn of resistance and a possible bull trap. Is This A Bull Trap For Micron Technology?
Negative Sentiment: Heavy capex warning: management plans “meaningfully” higher capital spending to expand capacity — investors fear margin pressure and near‑term cash intensity despite long‑term payoff. Micron shares slip as hefty spending plans eclipse strong AI‑fueled earnings
Negative Sentiment: Sell‑the‑news & downgrade noise: despite stellar results, the stock has seen pullbacks driven by profit‑taking, an analyst downgrade or cautionary notes about sustainability of the cycle. Why Micron (MU) Stock Is Down Today
Negative Sentiment: Macro/geopolitical risk: recent Middle East energy infrastructure attacks are cited as an additional market headwind that contributed to post‑earnings weakness. Why attack on Qatar’s energy facility is bearish for Micron

Micron Technology Company Profile

(Get Free Report)

Micron Technology, Inc is a global semiconductor company that designs and manufactures memory and storage solutions. Its product portfolio includes dynamic random-access memory (DRAM), NAND flash memory, solid-state drives (SSDs), memory modules and embedded memory solutions for a wide range of computing and electronic devices. Micron supplies components used in data centers, enterprise and cloud infrastructure, client computing, mobile devices, automotive systems and industrial applications, and also markets consumer-facing products under the Crucial brand.