Stock events for Micron Technology, Inc. (MU)
Micron Technology's stock (MU) has risen significantly in the past six months, increasing by 165.86%. The stock surged 106% year-to-date, driven by strong financial results and escalating demand for HBM. In fiscal Q4 2025, Micron reported record revenue of $11.32 billion and adjusted EPS of $3.03, leading to an 8% surge in the stock price. Cloud memory business sales more than tripled to $4.5 billion in Q4 2025, and DRAM segment revenue surged by 68.7% year-over-year to $8.98 billion. Analysts have raised price targets for MU, forecasting the stock to reach $200-$220. A slight dip of 2-2.8% in the stock occurred on September 24, 2025. In March 2025, Micron's stock had dropped approximately 40% since June 2024 due to lower-than-expected guidance and investor concerns regarding capital expenditures. A securities class action lawsuit was filed on January 21, 2025, alleging that Micron made materially false and misleading statements concerning the demand for its NAND products.
Demand Seasonality affecting Micron Technology, Inc.’s stock price
Memory business cycles are characterized by volatility and significant price swings due to inventory fluctuations, but current trends indicate that demand for memory is increasingly sustained by the broader, long-term growth trend of AI investment. Industry DRAM bit demand is expected to grow in the high-teens percentage range in calendar 2025, and NAND growth is projected to be in the low double digits. The demand for HBM for AI applications is a significant driver, with HBM revenues experiencing substantial sequential growth. While a seasonal demand rebound for non-HBM segments was expected in the latter half of 2025, there are forecasts for DRAM and NAND prices to potentially decline again in 2026.
Overview of Micron Technology, Inc.’s business
Micron Technology, Inc. is an American producer of computer memory and data storage solutions, headquartered in Boise, Idaho, operating within the semiconductor sector. Its major products include DRAM, flash memory (NAND and NOR flash), and SSDs. Micron's product portfolio also features HBM3E for AI models, UFS for smartphones and automotive systems, LPDDR5X for mobile phones and thin laptops, LPCAMM2 for notebooks, and GDDR7 ultra-bandwidth memory. Consumer products are marketed under the Crucial and Ballistix brands, serving diverse markets including data centers, mobile, client, industrial, consumer, automotive, and artificial intelligence.
MU’s Geographic footprint
Micron Technology has a global presence with manufacturing and sales operations worldwide, headquartered in Boise, Idaho, U.S. The company has a business presence across North America, Asia-Pacific, and Europe, including locations in Japan, Singapore, Hyderabad (India), various cities in China (Beijing, Shanghai, Shenzhen, Xi'an), several U.S. states, and European countries (e.g., UK, Germany, Italy).
MU Corporate Image Assessment
Micron Technology's brand reputation in the past year has been bolstered by its strong financial performance and strategic positioning in high-growth markets, cementing its reputation as a key player in the global semiconductor sector. However, the class action lawsuit filed on January 21, 2025, alleging misleading statements regarding NAND product demand, could impact investor trust and potentially lead to reputational damage.
Ownership
Micron Technology is primarily owned by institutional shareholders, who hold 79.08% of the company's stock, while retail investors own 19.34%, and Micron insiders hold 1.58%. The largest institutional shareholders include Vanguard Group Inc (9.25% ownership), BlackRock Inc (8.23%), Capital World Investors (6.33%), State Street Corp (4.59%), and Fmr LLC (3.73%). The top individual shareholders are Sanjay Mehrotra (President and CEO), Manish Bhatia, and Mark J. Murphy (Executive Vice President and CFO).
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$187.06