Micron Technology (NASDAQ:MU – Get Free Report) issued an update on its second quarter 2025 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 1.330-1.530 for the period, compared to the consensus earnings per share estimate of 1.920. The company issued revenue guidance of $7.7 billion-$8.1 billion. Micron Technology also updated its Q2 guidance to $1.33-$1.53 EPS.
Micron Technology Trading Down 4.3 %
Shares of MU stock opened at $103.90 on Thursday. The business’s fifty day moving average price is $103.85 and its 200 day moving average price is $109.09. The firm has a market capitalization of $115.75 billion, a PE ratio of 152.80 and a beta of 1.16. The company has a debt-to-equity ratio of 0.29, a current ratio of 2.64 and a quick ratio of 1.68. Micron Technology has a 1-year low of $78.63 and a 1-year high of $157.54.
Micron Technology (NASDAQ:MU – Get Free Report) last released its quarterly earnings data on Wednesday, December 18th. The semiconductor manufacturer reported $1.79 EPS for the quarter, topping analysts’ consensus estimates of $1.60 by $0.19. Micron Technology had a net margin of 3.10% and a return on equity of 1.58%. The firm had revenue of $8.71 billion for the quarter, compared to the consensus estimate of $8.71 billion. During the same quarter in the previous year, the firm earned ($0.95) earnings per share. The firm’s revenue was up 84.3% on a year-over-year basis. As a group, sell-side analysts forecast that Micron Technology will post 8.31 EPS for the current fiscal year.
Micron Technology Dividend Announcement
Wall Street Analyst Weigh In
Several equities analysts have weighed in on the company. Susquehanna dropped their price target on Micron Technology from $175.00 to $165.00 and set a “positive” rating for the company in a research report on Thursday, September 26th. UBS Group cut their target price on shares of Micron Technology from $153.00 to $135.00 and set a “buy” rating for the company in a research note on Tuesday, September 17th. Sanford C. Bernstein reduced their target price on shares of Micron Technology from $140.00 to $120.00 and set an “outperform” rating on the stock in a report on Wednesday. Needham & Company LLC lowered their price target on shares of Micron Technology from $140.00 to $120.00 and set a “buy” rating for the company in a report on Thursday. Finally, Morgan Stanley boosted their price objective on shares of Micron Technology from $100.00 to $114.00 and gave the company an “equal weight” rating in a research report on Thursday, September 26th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and twenty-six have given a buy rating to the company’s stock. According to MarketBeat.com, Micron Technology currently has an average rating of “Moderate Buy” and a consensus price target of $142.67.
Check Out Our Latest Report on Micron Technology
Insiders Place Their Bets
In other news, EVP April S. Arnzen sold 4,890 shares of the firm’s stock in a transaction dated Thursday, September 26th. The stock was sold at an average price of $113.00, for a total transaction 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 trade represents a 3.47 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.30% of the stock is owned by company insiders.
About Micron Technology
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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