Micron Technology
About: Micron is one of the largest semiconductor companies in the world, specializing in memory and storage chips. Its primary revenue stream comes from dynamic random access memory, or DRAM, and it also has minority exposure to not-and or NAND, flash chips. Micron serves a global customer base, selling chips into data centers, mobile phones, consumer electronics, and industrial and automotive applications. The firm is vertically integrated.
Employees: 48,000
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
19% more repeat investments, than reductions
Existing positions increased: 666 | Existing positions reduced: 559
2.95% more ownership
Funds ownership: 75.28% [Q3] → 78.23% (+2.95%) [Q4]
5% more first-time investments, than exits
New positions opened: 244 | Existing positions closed: 233
1% less funds holding
Funds holding: 1,689 [Q3] → 1,664 (-25) [Q4]
13% less capital invested
Capital invested by funds: $86.5B [Q3] → $74.9B (-$11.6B) [Q4]
27% less call options, than puts
Call options by funds: $4.97B | Put options by funds: $6.83B
53% less funds holding in top 10
Funds holding in top 10: 62 [Q3] → 29 (-33) [Q4]
Research analyst outlook
11 Wall Street Analysts provided 1 year price targets over the past 3 months
11 analyst ratings
UBS Timothy Arcuri 33% 1-year accuracy 11 / 33 met price target | 20%upside $92 | Buy Maintained | 28 Apr 2025 |
Barclays Tom O'Malley 36% 1-year accuracy 17 / 47 met price target | 23%upside $95 | Overweight Maintained | 22 Apr 2025 |
Citigroup Christopher Danely 48% 1-year accuracy 24 / 50 met price target | 43%upside $110 | Buy Maintained | 11 Apr 2025 |
China Renaissance | 9%upside $84 | Hold Downgraded | 26 Mar 2025 |
JP Morgan Harlan Sur 20% 1-year accuracy 6 / 30 met price target | 75%upside $135 | Overweight Maintained | 21 Mar 2025 |
Financial journalist opinion
Based on 58 articles about MU published over the past 30 days
