Micron Technology (NASDAQ:MU) Issues Quarterly Earnings Results, Beats Expectations By $0.19 EPS

Micron Technology (NASDAQ:MU) released its quarterly earnings results on Wednesday. The semiconductor manufacturer reported $1.79 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.60 by $0.19, RTT News reports. Micron Technology had a return on equity of 1.58% and a net margin of 3.10%. The business had revenue of $8.71 billion during the quarter, compared to the consensus estimate of $8.71 billion. During the same period in the previous year, the company posted ($0.95) EPS. The firm’s quarterly revenue was up 84.3% on a year-over-year basis. Micron Technology updated its Q2 2025 guidance to 1.330-1.530 EPS and its Q2 guidance to $1.33-$1.53 EPS.

Micron Technology Stock Performance

NASDAQ MU traded down $4.70 on Wednesday, hitting $103.90. 57,097,723 shares of the stock traded hands, compared to its average volume of 21,587,891. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.68 and a current ratio of 2.64. The business’s fifty day moving average is $103.80 and its two-hundred day moving average is $109.12. Micron Technology has a 12 month low of $78.63 and a 12 month high of $157.54. The firm has a market capitalization of $115.75 billion, a price-to-earnings ratio of 152.80 and a beta of 1.16.

Micron Technology Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, October 23rd. Investors of record on Monday, October 7th were issued a $0.115 dividend. The ex-dividend date of this dividend was Monday, October 7th. This represents a $0.46 dividend on an annualized basis and a dividend yield of 0.44%. Micron Technology’s dividend payout ratio (DPR) is presently 67.65%.

Insider Buying and Selling at Micron Technology

In related news, EVP April S. Arnzen sold 4,890 shares of the company’s stock in a transaction that occurred on Thursday, September 26th. The shares were sold at an average price of $113.00, for a total transaction of $552,570.00. Following the sale, the executive vice president now directly owns 135,830 shares in the company, valued at approximately $15,348,790. This represents a 3.47 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.30% of the company’s stock.

Analyst Ratings Changes

Several analysts have weighed in on the stock. China Renaissance started coverage on shares of Micron Technology in a research note on Monday, October 28th. They issued a “buy” rating and a $148.00 price objective for the company. Sanford C. Bernstein cut their price target on Micron Technology from $140.00 to $120.00 and set an “outperform” rating for the company in a research note on Wednesday. Stifel Nicolaus restated a “buy” rating and set a $135.00 price objective on shares of Micron Technology in a research note on Friday, December 13th. Morgan Stanley upped their price objective on shares of Micron Technology from $100.00 to $114.00 and gave the stock an “equal weight” rating in a research report on Thursday, September 26th. Finally, UBS Group decreased their target price on shares of Micron Technology from $153.00 to $135.00 and set a “buy” rating on the stock in a report on Tuesday, September 17th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and twenty-seven have given a buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $142.21.

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.