Micron Technology, Inc. (NASDAQ:MU) to Post Q1 2025 Earnings of $1.31 Per Share, Wedbush Forecasts

Micron Technology, Inc. (NASDAQ:MU) – Research analysts at Wedbush reduced their Q1 2025 earnings per share estimates for shares of Micron Technology in a report released on Wednesday, September 25th. Wedbush analyst M. Bryson now anticipates that the semiconductor manufacturer will post earnings per share of $1.31 for the quarter, down from their prior forecast of $1.98. Wedbush currently has a “Outperform” rating and a $140.00 target price on the stock. The consensus estimate for Micron Technology’s current full-year earnings is $0.61 per share. Wedbush also issued estimates for Micron Technology’s Q2 2025 earnings at $1.32 EPS, Q3 2025 earnings at $1.68 EPS, Q4 2025 earnings at $2.54 EPS and FY2025 earnings at $6.89 EPS.

A number of other equities analysts also recently commented on MU. Stifel Nicolaus dropped their target price on shares of Micron Technology from $165.00 to $135.00 and set a “buy” rating on the stock in a research note on Thursday, September 19th. TD Cowen increased their target price on shares of Micron Technology from $115.00 to $135.00 and gave the stock a “buy” rating in a report on Thursday. Raymond James boosted their price target on shares of Micron Technology from $125.00 to $140.00 and gave the company an “outperform” rating in a report on Thursday. JPMorgan Chase & Co. increased their price objective on shares of Micron Technology from $130.00 to $180.00 and gave the company an “overweight” rating in a research note on Thursday, June 27th. Finally, KeyCorp reduced their price objective on shares of Micron Technology from $165.00 to $145.00 and set an “overweight” rating for the company in a research note on Tuesday, August 6th. One analyst has rated the stock with a sell rating, two have issued a hold rating and twenty-five have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $144.38.

Micron Technology Price Performance

Micron Technology stock opened at $107.50 on Monday. The company has a market cap of $119.20 billion, a price-to-earnings ratio of -75.70, a PEG ratio of 0.20 and a beta of 1.17. Micron Technology has a 52-week low of $63.83 and a 52-week high of $157.54. The company has a quick ratio of 2.16, a current ratio of 3.41 and a debt-to-equity ratio of 0.29. The firm’s fifty day moving average is $97.63 and its 200 day moving average is $114.96.

Micron Technology (NASDAQ:MU) last posted its quarterly earnings results on Wednesday, September 25th. The semiconductor manufacturer reported $1.18 earnings per share for the quarter, topping analysts’ consensus estimates of $0.97 by $0.21. The business had revenue of $7.75 billion during the quarter, compared to analyst estimates of $7.65 billion. Micron Technology had a negative net margin of 7.20% and a negative return on equity of 4.01%. The company’s revenue was up 93.3% on a year-over-year basis. During the same period in the prior year, the business posted ($1.21) earnings per share.

Micron Technology Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 23rd. Investors of record on Monday, October 7th will be issued a $0.115 dividend. The ex-dividend date of this dividend is Monday, October 7th. This represents a $0.46 annualized dividend and a dividend yield of 0.43%. Micron Technology’s dividend payout ratio is presently -32.39%.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Focus Financial Network Inc. ADV acquired a new position in shares of Micron Technology in the 4th quarter valued at $362,000. J. W. Coons Advisors LLC purchased a new stake in shares of Micron Technology in the 4th quarter valued at approximately $213,000. Rathbones Group PLC lifted its holdings in shares of Micron Technology by 7.1% in the 4th quarter. Rathbones Group PLC now owns 5,254 shares of the semiconductor manufacturer’s stock worth $448,000 after acquiring an additional 350 shares during the last quarter. Carolinas Wealth Consulting LLC increased its holdings in Micron Technology by 60.0% in the 4th quarter. Carolinas Wealth Consulting LLC now owns 3,333 shares of the semiconductor manufacturer’s stock valued at $285,000 after purchasing an additional 1,250 shares during the last quarter. Finally, California State Teachers Retirement System increased its holdings in Micron Technology by 0.6% in the 4th quarter. California State Teachers Retirement System now owns 1,755,184 shares of the semiconductor manufacturer’s stock valued at $149,787,000 after purchasing an additional 10,538 shares during the last quarter. Hedge funds and other institutional investors own 80.84% of the company’s stock.

Micron Technology Company Profile

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.