Micron Technology, Inc.’s Stock Price Soars to $99.52, Registering a Robust 4.04% Uptick

Micron Technology, Inc. (MU)

99.52 USD +3.86 (+4.04%) Volume: 21.05M

Micron Technology, Inc.’s stock price soared to $99.52, witnessing a significant trading session increase of +4.04% with a robust trading volume of 21.05M, further enhancing its impressive YTD performance of +17.92%, signifying a promising investment opportunity in the tech sector.

Latest developments on Micron Technology, Inc.

Today, Micron Technology‘s stock price is on the rise as the company seeks a partner for the construction of Phase-2 of its Sanand chip plant in India. This development comes amidst a series of key events, including Ray Dalio’s Bridgewater exiting its stake in Micron in Q4, Micron Day featuring speakers on careers and technology, and the company securing a supply contract with NVIDIA. Despite recent fluctuations, analysts remain bullish on Micron, with Citi maintaining a Buy rating and a $150 target, and Raymond James also maintaining an Outperform rating with a $120 target. As Micron continues to navigate the volatile market, investors are closely watching for further updates on the company’s growth and strategic partnerships.

Micron Technology, Inc. on Smartkarma

Analysts on Smartkarma have been closely covering Micron Technology, with a bullish sentiment on the company’s strategic shifts and market positioning. Vincent Fernando, CFA, in his report “Memory Monitor: Is DeepSeek a Problem for SK Hynix & Micron’s HBM DRAM Growth?”, discusses SK Hynix’s shift towards HBM revenue growth in 2025, signaling a move away from traditional DRAM. Similarly, William Keating’s report “Micron. So Long Legacy & Hello There HBM, Data Center & Leading Edge” highlights Micron’s focus on leading-edge products like HBM, despite challenges in legacy products.

Furthermore, Baptista Research’s analysis “Micron Bets Big on AI Chips Amid Sluggish Smartphone and PC Sales But Will It Work? – Major Drivers” delves into Micron’s recent revenue forecast miss due to sluggish demand in smartphones and PCs. Another report by Baptista Research, “Micron Technology Inc.: Tackling The Shifts in Customer Demand & Evolving Market Dynamics! – Major Drivers”, evaluates Micron’s strategic pivots and market dynamics to provide insights into the company’s trajectory and potential valuation. Overall, analysts are optimistic about Micron’s future despite current challenges.

A look at Micron Technology, Inc. Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

According to Smartkarma Smart Scores, Micron Technology shows a positive long-term outlook. With a strong value score of 4, the company is considered to be undervalued in the market. Additionally, Micron Technology has a moderate growth score of 3, indicating potential for future expansion and development. Despite a lower dividend score of 2, the company demonstrates resilience with a score of 3, suggesting stability in the face of market fluctuations. Furthermore, Micron Technology has a momentum score of 3, reflecting its ability to maintain a consistent performance trend.

Micron Technology, Inc. is a leading manufacturer of semiconductor components, including DRAMs, SRAMs, Flash Memory, and memory modules. The company’s Smartkarma Smart Scores highlight its overall positive outlook, with strengths in value, growth, resilience, and momentum. While Micron Technology may not offer high dividends, its solid performance in other areas positions it well for long-term success in the ever-evolving technology industry.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.

💡 Before it’s here, it’s on Smartkarma