Micron Technology (NASDAQ:MU) Releases Q1 2025 Earnings Guidance

Micron Technology (NASDAQ:MU) issued an update on its first quarter 2025 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 1.660-1.820 for the period, compared to the consensus earnings per share estimate of 1.670. The company issued revenue guidance of $8.5 billion-$8.9 billion, compared to the consensus revenue estimate of $8.3 billion. Micron Technology also updated its Q1 guidance to $1.66-$1.82 EPS.

Analyst Ratings Changes

Several brokerages have 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 for the company in a research report on Thursday, September 19th. Wolfe Research raised their price objective on Micron Technology from $150.00 to $200.00 and gave the company an outperform rating in a research note on Friday, June 21st. Mizuho boosted their target price on Micron Technology from $150.00 to $155.00 and gave the stock a buy rating in a research note on Friday, May 31st. Bank of America raised their price target on shares of Micron Technology from $110.00 to $125.00 and gave the company a buy rating in a research note on Thursday. Finally, Citigroup dropped their price objective on shares of Micron Technology from $175.00 to $150.00 and set a buy rating for the company in a research note on Tuesday, September 17th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and twenty-five have assigned a buy rating to the company. Based on data from MarketBeat, Micron Technology presently has an average rating of Moderate Buy and a consensus price target of $144.38.

Micron Technology Stock Performance

Shares of Micron Technology stock opened at $107.50 on Friday. The business has a 50 day moving average price of $97.63 and a 200-day moving average price of $114.69. Micron Technology has a 52 week low of $63.83 and a 52 week high of $157.54. The company has a market cap of $119.20 billion, a PE ratio of -75.70, a price-to-earnings-growth ratio of 0.20 and a beta of 1.17. The company has a quick ratio of 2.16, a current ratio of 3.41 and a debt-to-equity ratio of 0.29.

Micron Technology (NASDAQ:MU) last posted its quarterly earnings data on Wednesday, September 25th. The semiconductor manufacturer reported $1.18 EPS for the quarter, beating the consensus estimate of $0.97 by $0.21. The firm 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 for the quarter was up 93.3% on a year-over-year basis. During the same quarter last year, the business posted ($1.21) EPS. Equities analysts anticipate that Micron Technology will post 0.61 earnings per share for the current fiscal year.

Micron Technology Dividend Announcement

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

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.