Micron Technology Option Alert: Jun, 2026 $100 Puts at the Bid: 800 vs 1873 OI

Micron Technology Option Alert: Jun, 2026 $100 Puts at the Bid: 800 @ $9.5 vs 1873 OI; Ref=$124.25

Micron Technology Option Alert: Jul 18 $120 Calls Sweep (6) near the Ask: 500 vs 23411 OI

Micron Technology Option Alert: Jul 18 $120 Calls Sweep (6) near the Ask: 500 @ $10.3 vs 23411 OI; Ref=$126.05

Micron Technology Option Alert: Dec, 2027 $140 Puts at the Ask: 145 vs 7 OI

Micron Technology Option Alert: Dec, 2027 $140 Puts at the Ask: 145 @ $40.7 vs 7 OI; Ref=$123.94

Micron Technology Option Alert: Fri $95 Calls at the Ask: 190 vs 11907 OI

Micron Technology Option Alert: Fri $95 Calls at the Ask: 190 @ $28.0 vs 11907 OI; Ref=$123.05

Micron Technology Option Alert: Jan 16 $120 Puts at the Ask: 400 vs 1077 OI

Micron Technology Option Alert: Jan 16 $120 Puts at the Ask: 400 @ $16.45 vs 1077 OI; Ref=$122.7

Micron Technology (NASDAQ:MU) Bolsa

MICRON TECHNOLOGY INC

Micron Technology

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.

micron-manassas-1

Earnings

News

Price Target

Movers

Micron supera previsiones trimestrales, eleva pronóstico anual y recibe mejoras de precio objetivo por parte de los analistas.

Micron supera previsiones y eleva expectativas: analistas suben precios objetivo

Stuttgart,,Germany,-,05-22-2021:,Mobile,Phone,With,Logo,Of,Us

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AVAV

PAYX

Aquí tienes cinco acciones estadounidenses que podrían llamar la atención de los inversores este miércoles: GIS, AVAV, PAYX, WOR y MU.

5 acciones en el foco este miércoles: GIS, AVAV, PAYX, WOR y MU

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Lam Research marca un Cruce Dorado y enciende el interés de Wall Street. ¿Momento de entrar en el sector chips? Descúbrelo aquí.

Lam Research activa un Cruce Dorado: Mira lo que revela el gráfico

Micron Technology Inc

Blackrock MuniAssets Fund, Inc Common Stock

Blackrock Muniassets Fund Inc

iShares National Muni Bond ETF

Blackrock MuniHoldings California Quality Fund, Inc. Common Stock

BlackRock MuniHoldings California Quality Fund Inc

Direxion Daily MU Bear 1X Shares

Blackrock MuniHoldings Quality Fund II, Inc. Common Stock

BlackRock MuniHoldings Quality Fund II Inc

Paul Mueller Co

Mitsubishi UFJ Financial Group, Inc. Common Stock

Mitsubishi UFJ Financial Group Inc

Vanguard Green Investment Ltd Ordinary Shares

MARUHACHI HLDGS CO LTD by MARUHACHI HOLDINGS CO LTD.

BlackRock Municipal Income Fund Inc

Blackrock MuniHoldings New Jersey Quality Fund, Inc. Common Stock

BlackRock MuniHoldings New Jersey Quality Fund Inc

MARUWA UNYU KIKAN CO by MARUWA UNYU KIKAN CO LTD.

AZ-COM Maruwa Holdings Inc

MULIANG VIAGOO TECH by Muliang Viagoo Technology Inc.

Muliang Viagoo Technology Inc

GraniteShares 2x Long MU Daily ETF

Mullen Automotive Inc

Multichain - United States Dollar

MITON UK MICROCAP TR PLC by MITON UK MICROCAP TR PLC

PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund

MUNDORO CAPITAL INC by Mundoro Capital, Inc.

Mundoro Capital Inc

Vanguard New York Tax-Exempt Bond ETF Vanguard New York Tax-Exempt Bond ETF

M UP INC by M Up INC.

Murphy Oil Corp

Mural Oncology PLC

LIGHTSPEED DISCOVERIS INC by LIGHTSPEED DISCOVERIES INC.

Lightspeed Discoveries Inc

MUENCHENER RUEKVR GES SHS by Muenchener Rueckver Ges

Munchener Ruckversicherungs-Gesellschaft AG

MUENCHENER RE GP UNSP/ADR by Muenchener Rueckver Ges

MURCHISON MINERALS NEW by Murchison Minerals Ltd.

Murchison Minerals Ltd

MURRAY & ROB HLDGS ORD by Murray & Roberts Holdings Ltd.

Murray And Roberts Holdings Ltd

MURRAY INTL TR PLC by Murray International Trust Plc

Murphy USA Inc

mStable USD - United States Dollar

TCW Multisector Credit Income ETF

Muse Dao - United States Dollar

American Century Multisector Income ETF

Promino Nutritional Sciences Inc Ordinary Shares

PROMINO NTRITIONL SCIENCE by Promino Nutritional Sciences Inc.

Promino Nutritional Sciences Inc

MUSQ Global Music Industry Index ETF

Multi Solutions II Inc

Columbia Multi-Sector Municipal Income ETF

MUTUAL MERCHANT SVCS INC by Mutual Merchant Services, Inc.

MUTARES SE & CO by MUTARES SE & CO.

Direxion Daily MU Bull 2X Shares

MARUBUN CORP by Marubun Corp.

McEwen Mining Inc

MUZHU MNG LTD by MUZHU MNG LTD

Mirrored United States Oil Fund

Micron Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>) has outperformed the market over the past 15 years by 7.12% on an annualized basis producing an average annual return of 19.8%. Currently, Micron Technology has a market capitalization of $140.36 billion. 
Buying $100 In MU: If an investor had bought $100 of MU stock 15 years ago, it would be worth $1,525.78 today based on a price of $125.42 for MU at the time of writing.
<h3>Micron Technology's Performance Over Last 15 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1751040014_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

$100 Invested In This Stock 15 Years Ago Would Be Worth This Much Today

Markets have continued to grind upward despite the short-lived Israel-Iran war, the <a href="https://www.benzinga.com/personal-finance/management/25/06/46011739/jerome-powell-led-fed-has-left-interest-rate-unchanged-what-does-it-mean-for-savings-mortgages-credit-cards-and-your-bank-account">Fed&#8217;s pause</a> on interest rate cuts and what feels like seemingly bearish headlines every day.
With stocks determined to keep climbing, albeit slowly, I looked for a company that will have strength going forward, and landed on semiconductor giant Micron Technology Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>).
With the chip and AI rally showing no signs of slowing down, <a href="https://www.benzinga.com/analyst-stock-ratings/analyst-color/25/06/46121658/micron-impresses-wall-street-with-strong-q3-earnings-continued-strength-in-ai-data-center">Micron</a> seems set to benefit. At the same time, the stock has not been rising as astronomically fast as some other chip competitors, at least not yet.
That&#8217;s a very good thing for the trade I have in mind today.
<h2 class="wp-block-heading">How The Pros Are Trading Strength Into Q3 — Live Tuesday</h2>
Most traders chase headlines. The pros focus on trends that last. This Tuesday at 6 PM ET, see how Tim Melvin, Ryan Faloona, and Anne-Marie Baiynd are using market strength, momentum signals, and long-term setups to stay ahead of the next big move. Their tactics are precise and built for this market. Register <a href="https://benzinga.zoom.us/webinar/register/WN_OJ2FBspHSJSSVNlW8zGapw/?">HERE</a> while limited seats are still available.
Here&#8217;s a simple trade to help boost your returns on Micron.
The trade I have in mind is a leap covered call. A leap is an options position that expires well into the future, usually after one year or more. For us today, we&#8217;ll be using options that expire in June 2026.
A covered call, meanwhile, involves owning the underlying stock (Micron, in this case) while at the same time selling calls on that stock to collect premiums.
The selling of the call option well into the future allows the trader to hold the stock at a discount and if the stock continues to rise, the call option can be covered and a new option opened against the stock (commonly called rolling the strike) to continue to both hold the stock and collect more revenue as time moves forward and the stock continues to climb.
If the stock fades, we have a solid cushion of profit the short call provides.&nbsp;
As I&#8217;m writing this, Micron&#8217;s relative resistance zone is around $157, while support sits near $95. Because of that, here&#8217;s how I&#8217;m structuring this Micron covered call:
<ul class="wp-block-list">
<li>Buy 100 shares of MU – price at this writing is $127.25 per share</li>
<li>Sell to Open 1 MU 18 Jun 2026 130 calls – currently priced at $24.50 </li>
</ul>
The breakeven prices of the stock at expiration on this trade is calculated by subtracting the credit received against the cost of the stock = $12,725 &#8211; $2,450 =$10,275, less commissions. This implies the actual cost of each share would be reduced to $102.75, a 20% discount.&nbsp;
The possible ways to leave the trade are:
<ol class="wp-block-list">
<li>Hold the stock and the option until expiration of June, 2026. If the price of the stock is above $130, the trader will relinquish the stock at $130 collecting the difference between the actual cost of the shares ($102.75 and the $130 strike price = $130 -$102.75 = $27.25 less commissions or 26 % return). </li>
<li>Set an alert for $102.75 – the breakeven price. Sell the entire position if your risk thresholds are breached. </li>
</ol>
A trader who is bullish on Micron might say that you should sell the calls much further out of the money &#8211; that is, with a much higher strike price. That&#8217;s true, but if the market has any significant retracements, selling the strike at the money provides a tidy cushion of support while still buying the stock for potential upside.
Editorial content from our expert contributors is intended to be information for the general public and not individualized investment advice. Editors/contributors are presenting their individual opinions and strategies, which are neither expressly nor impliedly approved or endorsed by Benzinga.
Photo: Shutterstock

Opinion

This Week's Best Chip Stock Trade: Micron Technology

Macro Economic Events

Market Summary

Economics

General

Benzinga Market Summary: S&P Nears Record, Micron Beats Earnings Estimates But Stock Pulls Back, US Dollar Index Declines

Micron Technology, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>) is trading lower on Thursday. The company reported <a href="https://www.benzinga.com/trading-ideas/movers/25/06/46117713/whats-going-on-with-micron-stock-thursday">third-quarter earnings</a> with adjusted earnings per share of $1.91. This was well ahead of the consensus estimates of $1.60.
There are two key resistance levels that traders are watching. This is why it is the Stock of the Day.
As you can see on the chart, Micron had a significant sell-off last June. The selling paused around $130 in early July. There was a large amount of buying interest at this price. There were more than enough buy orders to fill all of the sell orders, so the move lower halted.
But after a few weeks, this support broke and the shares dropped below it.
When this happened, many of the people who bought shares decided that doing so was a mistake. They made up their minds to hold onto their losing positions.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="595" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/26131433/Micron2025-1024x595.png" alt="" class="wp-image-963704" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/26131433/Micron2025-1024x595.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/26131433/Micron2025-300x174.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/26131433/Micron2025-768x446.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/26131433/Micron2025.png 1405w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Read Also: <a href="https://www.benzinga.com/markets/economic-data/25/06/46115112/ai-panic-feels-like-2008-global-financial-crisis-all-over-again-shapiro-says-as-retail-sales-plunge-4">AI Panic Feels Like 2008 Global Financial Crisis All Over Again, Shapiro Says As Retail Sales Plunge 4%</a>
But they also decided to sell if the stock ever got back to their buy price. This would allow them to exit their positions at breakeven. So now that the stock has returned to this level, these unhappy buyers are placing sell orders.
The large concentration of these orders has created resistance at a former bottom.
Another level that traders are watching is around $156. This level was a former top in June. Just like there can be resistance at former bottoms, there can also be resistance at former tops.
It happens for the same reason.
There are people who bought Micron right at the peak in June. When the price dropped, some of them experienced regret. Many of these regretful buyers vowed to sell their shares if the stock eventually returned to the same price they paid.
As a result, if Micron breaks the current resistance around $130 and rallies back to $156, they will place sell orders. If there is a large enough number of these orders, it can create resistance around the same price that had been a peak.
Sometimes traders have difficulty deciding where to sell a stock. But if it gets to a price that had previously been a peak or a bottom, there is a good chance it hits resistance. These could be logical levels to exit a position.
Read Next: • <a href="https://www.benzinga.com/news/25/06/46115346/trump-powell-fed-chairman-odds-dollar">Micron Impresses Wall Street With Strong Q3 Earnings, &#8216;Continued Strength In AI Data Center&#8217;</a>
Photo: Shutterstock

Stock Of The Day: Is This The Top On Micron?

Muted PC and phone demand continues to weigh on memory chip pricing, prompting Bank of America Securities to maintain a Neutral rating on Micron Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>), even as the company posts blowout earnings and bullish guidance.
Analyst Vivek Arya maintained Micron Technology with a Neutral and <a href="https://www.benzinga.com/quote/MU/analyst-ratings" target="_blank" rel="noreferrer noopener">raised the price target</a> from $84 to $140 on Thursday.
Micron reported <a target="_blank" href="https://www.benzinga.com/markets/earnings/25/06/46104401/micron-q3-earnings-revenue-eps-beat-estimates-data-center-revenue-guidance-ai-demand" rel="noreferrer noopener">third-quarter revenue</a> of $9.3 billion, up roughly 16%, topping the&nbsp;consensus estimate of $8.87 billion. The company reported third-quarter adjusted earnings of $1.91 per share, beating analyst estimates of $1.60 per share.
Also Read: <a href="https://www.benzinga.com/markets/tech/25/06/45906594/micron-and-trump-announce-200-billion-us-chip-expansion-plan-aiming-to-create-90k-jobs" target="_blank" rel="noreferrer noopener">Micron And Trump Announce $200-Billion US Chip Expansion Plan, Aiming To Create 90K Jobs</a>
Micron expects fourth-quarter revenue of $10.7 billion, plus or minus $300 million, versus estimates of $9.88 billion. The company anticipates fourth-quarter adjusted earnings of $2.50 per share, plus or minus 15 cents, versus estimates of $2.01 per share.
Micron Technology is the last remaining pure-play U.S.-based memory company and is the third-largest supplier of memory chips including Dynamic Random Access Memory (DRAM), Not AND (NAND). Micron&#8217;s chips support disruptive trends across artificial intelligence, 5G, machine learning, and autonomous vehicles, as per Arya.
The rerating reflected improved DRAM outlook and continued <a target="_blank" href="https://www.benzinga.com/markets/tech/25/06/45867716/micron-ships-advanced-hbm4-memory-to-fuel-next-generation-ai" rel="noreferrer noopener">High Bandwidth Memory</a> (HBM) ramp, Arya noted.
According to the analyst, Micron now expects the fiscal fourth-quarter gross margin to be 42.0%, above the fiscal third-quarter&#8217;s guided 36.5%, and the fiscal first-quarter gross margin could expand further.
Arya attributed the gross margin beat to a robust pricing environment and an improving product mix.
Importantly, management expects to exit fiscal 2025 with tight DRAM inventories, significantly reduced NAND inventories, and overall company inventory near the target 120-day level, per the analyst, a substantial sequential improvement.
On the AI side, Micron&#8217;s HBM opportunities continue to expand, now shipping HBM3e 12-high to 4 customers (Graphics Processing Unit (GPU) or Application-Specific Integrated Circuit (ASIC), and the 12-high will likely crossover 8-high by the fiscal fourth-quarter. At 20-25% share of the $35 billion calendar 2025 Total Addressable Market (TAM), Arya expects Micron HBM to reach $2.4-2.5 billion exiting the fiscal first quarter.
Overall, the analyst raised calendar 2025-27E sales by 4-6% and EPS by 13-23%. However, Arya reiterated Neutral as NAND pricing remains uncertain and startup cost headwinds to gross margins remain into calendar 2026, limiting visibility beyond the near term. 
Arya projected fourth-quarter sales of $10.71 billion (prior $9.83 billion) and adjusted EPS of $2.50 (prior $1.82).
Price Action: MU stock is trading lower by 1.19% to $125.70 at last check Thursday.
Read Next:
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<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst-color/25/06/46081371/which-small-and-mid-cap-chip-stocks-are-set-for-big-gains" target="_blank" rel="noreferrer noopener">Which Small And Mid-Cap Chip Stocks Are Set For Big Gains?</a></li>
</ul>

Reiteration

Analyst Ratings

Micron Earnings Soar, But Weak PC And Phone Demand Keep It Grounded

Wall Street entered full rally mode on Thursday, with the Nasdaq 100 extending its record-setting climb and the S&amp;P 500 approaching its February peak, as easing geopolitical fears and renewed hopes for a dovish Federal <a href="https://www.benzinga.com/topic/federal-reserve">Reserve lifted investor sentiment.</a>
By midday in New York, the S&amp;P 500 was up 0.7% to 6,136, just nine points shy of its all-time high of 6,145. The Nasdaq 100 rose another 0.7% to 22,400, marking yet another intraday record.
Meanwhile, small caps surged, with the Russell 2000 jumping 1%, outperforming the broader market.
On the macro front, the first-quarter GDP was revised downward to -0.5% from the previous -0.2% figure, primarily due to a widening goods trade deficit linked to weaker exports. Yet, other data released Thursday painted a more positive picture.
Factory orders in May soared by 16.4% month-over-month to $343.6 billion, marking the biggest increase since July 2014. That followed a revised 6.6% drop in April and smashed market expectations of an 8.5% gain. Weekly jobless claims fell by 10,000 to 236,000 in the week ending June 21, while economists had forecast no change — another sign of labor market resilience.
Currency markets added fuel to the equity rally. The U.S. dollar index fell to 97, its lowest level since February 2022, as traders increasingly bet that the next Fed chair nominee — with a <a href="https://www.benzinga.com/author/piero-cingari">shortlist reportedly down to four or five names</a> — will favor a dovish stance, potentially setting the stage for deeper rate cuts in 2026.
All S&amp;P 500 sectors traded in the green, except real estate. Energy stocks outperformed, rebounding after sharp down days as crude oil prices rose 2% to $66 per barrel.
Other commodities — especially metals — also rose, fueled by dollar weakness. Silver rose 1.2%, while palladium and <a href="https://www.benzinga.com/markets/commodities/25/06/46120819/platinum-miners-forecasts-stocks">platinum</a> spiked 6.1% and 4.3%, respectively. Copper rose 2.8% hitting a three-month high, while gold held steady at $3,330 per ounce.
Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) was unchanged at $107,220. 
<h1 class="wp-block-heading">Thursday&#8217;s Performance In Major U.S. Indices, ETFs</h1>
<figure class="wp-block-table is-style-stripes"> 
<table class="has-fixed-layout">
<tbody>
<tr>
<td>Major Indices </td>
<td>Price</td>
<td>% Chg</td>
</tr>
<tr>
<td>• Russell 2000</td>
<td>2,158.05</td>
<td>+1.0%</td>
</tr>
<tr>
<td>• Dow Jones</td>
<td>43,355.44</td>
<td>+0.9%</td>
</tr>
<tr>
<td>• Nasdaq 100</td>
<td>22,403.44</td>
<td>+0.7%</td>
</tr>
<tr>
<td>• S&amp;P 500</td>
<td>6,136.45</td>
<td>+0.7%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Updated at 1:00 p.m. ET</figcaption></figure>
According to&nbsp;<a href="https://www.benzinga.com/pro/?utm_source=BZprocontent&amp;t=be2bearmibe3na1">Benzinga Pro</a>&nbsp;data:
<ul class="wp-block-list">
<li>The Vanguard S&amp;P 500 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VOO#NYSE">VOO</a>) rose 0.66% to $563.41.</li>
<li>The&nbsp;SPDR Dow Jones Industrial Average&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>) rose 0.8% to $433.26.</li>
<li>The tech-heavy&nbsp;Invesco QQQ Trust Series&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>)&nbsp;soared 0.7% to $544.72.</li>
<li>The&nbsp;iShares Russell 2000 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>) rallied 1% to $214.05.</li>
<li>The&nbsp;Energy&nbsp;Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLE#NYSE">XLE</a>) outperformed, up 1.5%; the&nbsp;Real Estate&nbsp;Select Sector SPDR Fund&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLRE#NYSE">XLRE</a>) lagged, down 0.8%.</li>
</ul>
<h1 class="wp-block-heading">Thursday&#8217;s Stock Movers</h1>
<ul class="wp-block-list">
<li>Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) surged past $155 per share to hit record highs, becoming the world's most valuable company at $3.8 trillion.</li>
<li>Micron Technology Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>) slipped 1.1%, even after delivering <a href="https://www.benzinga.com/analyst-stock-ratings/analyst-color/25/06/46121658/micron-impresses-wall-street-with-strong-q3-earnings-continued-strength-in-ai-data-center">stronger-than-expected quarterly earnings</a>.</li>
<li>Other stocks reacting to earnings included Acuity Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AYI#NYSE">AYI</a>), up 7.1%; McCormick Company Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MKC#NYSE">MKC</a>), up 5.2% and Walgreens Boots Alliance Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WBA#NASDAQ">WBA</a>), up 0.8%.</li>
<li>Freeport-McMoRan Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FCX#NYSE">FCX</a>) jumped 8%, lifted by rising metal prices, with industry peers Southern Copper Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SCCO#NYSE">SCCO</a>), Albemarle Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALB#NYSE">ALB</a>), and Alcoa Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AA#NYSE">AA</a>) all rallying between 7% and 8%.</li>
<li>Equinix Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EQIX#NASDAQ">EQIX</a>) sank 8% after unveiling a long-term growth outlook that underwhelmed investors.</li>
<li>Nike Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>) will report earnings after the close. </li>
</ul>
Read Now:
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<li><a href="https://www.benzinga.com/markets/commodities/25/06/46120819/platinum-miners-forecasts-stocks">Platinum&#8217;s Biggest Rally In 40 Years: These 6 Mining Stocks Could Be Top Gainers </a></li>
</ul>
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Stocks Rally To New Highs, Dollar Tumbles To 40-Month Lows: What's Driving Markets Thursday?

Susquehanna analyst Mehdi Hosseini maintains Micron Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>) with a Positive and raises the price target from $150 to $160.

Susquehanna Maintains Positive on Micron Technology, Raises Price Target to $160

Stifel analyst Brian Chin maintains Micron Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>) with a Buy and raises the price target from $130 to $145.

Stifel Maintains Buy on Micron Technology, Raises Price Target to $145

Micron Technology Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>) shares fell Thursday in early trading, despite the company on Wednesday reporting <a href="https://www.benzinga.com/markets/earnings/25/06/46104401/micron-q3-earnings-revenue-eps-beat-estimates-data-center-revenue-guidance-ai-demand">upbeat fiscal third-quarter earnings</a>.
The announcement came amid an <a href="https://www.benzinga.com/earnings">exciting earnings season</a>. Here are some key analyst takeaways.
KeyBanc Capital Markets On Micron Technology
<a href="https://www.benzinga.com/analyst-stock-ratings/analyst/585beadcb5a482000151d188/john-vinh">Analyst John Vinh</a> reiterated an Overweight rating, while raising the price target from $135 to $160.
Micron Technology reported quarterly revenues and earnings of $9.30 billion and $1.91 per share, beating consensus of $8.86 billion and $1.60 per share, respectively, Vinh said in a note. The results were driven by "improved pricing/mix and healthy demand, particularly for DRAM and HBM," he added.
"Looking into F4Q, MU sees continued strength in AI data center, a recovery in auto/industrials, and tightening DRAM supply driving favorable mix and improving GM," the analyst wrote. For the fiscal fourth quarter, management guided to revenue and earnings of $10.7 billion and $2.50 per share, above the consensus of $9.90 and $2.03 per share, he further wrote.
Piper Sandler On Micron Technology
<a href="https://www.benzinga.com/analyst-stock-ratings/analyst/58fe05b80bd9910001595370/harsh-kumar">Analyst Harsh Kumar</a> maintained an Overweight rating, while lifting the price target from $120 to $165.
Micron Technology's DRAM and NAND bit shipments both grew around 20% sequentially, Kumar said. The company continued to gain market share with its HBM (high-bandwidth memory) product, he added.
Revenues generated by HBM continued to grow by more than 50% sequentially, the analyst stated. "We continue to see MU as an outsized beneficiary from current market trends in both data center and AI due to their HBM products and market positioning," he further wrote.
<h1 class="wp-block-heading">Stifel On Micron Technology</h1>
<a href="https://www.benzinga.com/analyst-stock-ratings/analyst/58c6ab8cb85e9300015f1add/brian-chin">Analyst Brian Chin</a> reaffirmed a Buy rating, while taking the price target higher from $130 to $145.
Micron Technology announced its results and guidance higher than consensus estimates, Chin said. The company guided to gross margins of 42.0% for the fiscal fourth quarter, "exceeding our 38.0%," he added.
Management noted that data center demand had strengthened the guidance, the analyst stated. "This is expected to drive a more favorable mix, reflected in a better-than expected F4Q GM guide," he further wrote.
Check out <a href="https://www.benzinga.com/analyst-stock-ratings">other analyst stock ratings</a>.
<h1 class="wp-block-heading">RBC Capital Markets On Micron Technology</h1>
<a href="https://www.benzinga.com/analyst-stock-ratings/analyst/5846ee55ee7bf6000154d12b/jonathan-atkin">Analyst Matt Bryson</a> reiterated an Outperform rating, while raising the price target from $150 to $165.
While Micron Technology's sequential growth in bit shipments was strong, expectations were "already in this range," Bryson said. The company's data center revenues more than doubled on a year-on-year basis and reached record levels, he added.
HBM sales grew nearly 50% sequentially to surpass $1.5 billion in the quarter, the analyst stated. The company's HBM ramp "remains on track, with growth in that market in turn lifting MU&#8217;s future revenue and margin profile," he added.
<h1 class="wp-block-heading">Cantor Fitzgerald On Micron Technology</h1>
<a href="https://www.benzinga.com/analyst-stock-ratings/analyst/6331beac10b15f0001b58380/c-j%20muse">Analyst C.J. Muse</a> maintained an Overweight rating, while lifting the price target from $145 to $155.
While Micron Technology was expected to announce a strong beat-and-raise quarter, its results and guidance were "well above just about everyone's expectations," Muse said.
While indicating some tariff-related pre-purchases, management said that secular trends in both data center and HBM memory and a cyclical recovery in NAND were "more important drivers of the recovery," the analyst stated. The company also suggested that "a return to tight/normalized inventory exiting August FY25 sets the stage for a strong recovery to continue through the remainder of CY25 and into FY26," he further wrote.
<h1 class="wp-block-heading">Needham On Marvell Technology</h1>
<a href="https://www.benzinga.com/analyst-stock-ratings/analyst/5e21cde3430dee0001c717dd/quinn-bolton">Analyst Quinn Bolton</a> reaffirmed a Buy rating, while taking the price target higher from $120 to $150.
Micron Technology reported solid results and guidance, "driven by continued strength in data center along with a recovery in other end markets," Bolton said. "The AI demand environment remains healthy and Micron continues to increase its share in the HBM market," he added.
The company reported non-GAAP gross margins of 39.0% and guidance to 42.0% at the midpoint, surpassing consensus of 39.2%, the analyst stated. "The GM expansion is attributed to product mix shift towards DRAM from NAND and an improving pricing environment," he further wrote.
MU Price Action: Shares of Micron Technology declined by 1.88% to $124.87 at the time of publication on Thursday.
Read More: • <a href="https://www.benzinga.com/markets/equities/25/06/46111337/micron-ceo-cautions-ai-boom-may-not-be-fully-sustainable-flags-tariff-driven-demand-pull-in">Micron CEO Cautions AI Boom May Not Be Fully Sustainable, Flags Tariff-Driven Demand Pull-In</a>

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Analyst Color

Earnings Beats

Guidance

Micron Impresses Wall Street With Strong Q3 Earnings, 'Continued Strength In AI Data Center'

Piper Sandler analyst Harsh Kumar reiterates Micron Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>) with a Overweight and raises the price target from $120 to $165.

Piper Sandler Reiterates Overweight on Micron Technology, Raises Price Target to $165

Raymond James analyst Srini Pajjuri maintains Micron Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>) with a Outperform and raises the price target from $120 to $150.

Raymond James Maintains Outperform on Micron Technology, Raises Price Target to $150

Micron Technology Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>) shares are in the spotlight Thursday following the company&#8217;s fiscal third-quarter results. Multiple analysts boosted price targets <a href="https://www.benzinga.com/markets/earnings/25/06/46104401/micron-q3-earnings-revenue-eps-beat-estimates-data-center-revenue-guidance-ai-demand">following the print</a>.
What Happened: Micron beat analyst estimates on the top and bottom lines in the third quarter, posting revenue of $9.3 billion versus estimates of $8.87 billion, and adjusted earnings per share of $1.91 versus estimates of $1.60, per <a href="http://pro.benzinga.com">Benzinga Pro</a>.
Total revenue was up close to 16% as DRAM revenue climbed to an all-time high and HBM revenue increased nearly 50% sequentially. Micron said data center revenue more than doubled year-over-year and highlighted growing AI-driven memory demand. 
Micron guided for fourth-quarter revenue of $10.7 billion at the midpoint versus estimates of $9.88 billion, and adjusted earnings at the midpoint of $2.50 per share, versus estimates of $2.01 per share. 
&#8220;We are on track to deliver record revenue with solid profitability and free cash flow in fiscal 2025,&#8221; said Sanjay Mehrotra, president and CEO of Micron.
Following the company&#8217;s quarterly results, Rosenblatt maintained a Buy and raised its price target to $200. Needham maintained a Buy and raised its target to $150, JPMorgan maintained an Overweight and lifted its target to $165 and BofA Securities stuck with a Neutral rating and raised its target to $140. 
Thursday morning, Micron announced the Micron 2600 NVMe SSD,&nbsp;which it said achieves up to 63% faster sequential write and 49% faster random write speeds than competing value QLC and TLC SSDs.
&#8220;This Micron innovation milestone allows for broader commercial adoption of QLC NAND,&#8221; said Mark Montierth, corporate vice president and general manager of the Mobile and Client Business Unit at Micron.
MU Price Action: <a href="http://benzinga.com/quote/MU">Micron shares</a> were down 0.63% at $126.42 at the time of publication Thursday, although well off the highs made in Wednesday&#8217;s after-hours session.
Mehrotra said on the earnings call late Wednesday that the company may have experienced &#8220;some tariff-related pull-ins by certain customers,&#8221; which appears to be the reason shares pared some of their gains. 
The stock has gained approximately 51% since the start of the year, according to <a href="http://pro.benzinga.com">Benzinga Pro</a>.
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/equities/25/06/46111337/micron-ceo-cautions-ai-boom-may-not-be-fully-sustainable-flags-tariff-driven-demand-pull-in">Micron CEO Cautions AI Boom May Not Be Fully Sustainable, Flags Tariff-Driven Demand Pull-In</a></li>
</ul>
Photo: courtesy of Micron.

What's Going On With Micron Stock Thursday?

Keybanc analyst John Vinh maintains Micron Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>) with a Overweight and raises the price target from $135 to $160.

Keybanc Maintains Overweight on Micron Technology, Raises Price Target to $160

Wells Fargo analyst Aaron Rakers maintains Micron Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>) with a Overweight and raises the price target from $150 to $170.

Wells Fargo Maintains Overweight on Micron Technology, Raises Price Target to $170

UBS analyst Timothy Arcuri maintains Micron Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>) with a Buy and raises the price target from $120 to $155.

UBS Maintains Buy on Micron Technology, Raises Price Target to $155

Morgan Stanley analyst Joseph Moore maintains Micron Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>) with a Equal-Weight and raises the price target from $98 to $135.

Morgan Stanley Maintains Equal-Weight on Micron Technology, Raises Price Target to $135

Citigroup analyst Christopher Danely maintains Micron Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>) with a Buy and raises the price target from $130 to $150.

Citigroup Maintains Buy on Micron Technology, Raises Price Target to $150

Wedbush analyst Matt Bryson maintains Micron Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>) with a Outperform and raises the price target from $150 to $165.

Wedbush Maintains Outperform on Micron Technology, Raises Price Target to $165

Cantor Fitzgerald analyst Matthew Prisco maintains Micron Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>) with a Overweight and raises the price target from $145 to $155.

Cantor Fitzgerald Maintains Overweight on Micron Technology, Raises Price Target to $155

Barclays analyst Tom O'Malley maintains Micron Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>) with a Overweight and raises the price target from $95 to $140.

Barclays Maintains Overweight on Micron Technology, Raises Price Target to $140

Press Releases

Micron Announces Business Unit Reorganization to Capitalize on AI Growth Across All Market Segments

Micron Announces Participation in Investor Event

Lightning-Fast Speeds, Massive Capacities: Crucial SSDs Elevate Gaming and Creative Endeavors

Micron Technology to Report Fiscal Third Quarter Results on June 25, 2025

Micron Ships World's First 1γ (1-Gamma)-Based LPDDR5X, Enabling Rich Mobile AI Experiences

Micron Ships HBM4 to Key Customers to Power Next-Gen AI Platforms

Contracts

Micron and Trump Administration Announce Expanded U.S. Investments in Leading-Edge DRAM Manufacturing and R&D

Micron HBM Designed into Leading AMD AI Platform

Micron Technology, Inc. Reports Results for the Third Quarter of Fiscal 2025

Micron Elevates PC Performance, Unveils Adaptive Write Technology and G9 QLC NAND

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Date	Put/Call	Strike Price	Exp Date	DTE	Trade Vol	Day Vol	Vol / OI	OI	Trade Type	Sentiment
01:39 PMJun 26, 2025	PUT	$100.00	Jun 18, 2026	354	897	800	48	1873	TRADE	BULLISH
11:58 AMJun 25, 2025	CALL	$120.00	Jul 18, 2025	19	748	500	3	23411	SWEEP	BULLISH
10:15 AMJun 23, 2025	PUT	$140.00	Dec 17, 2027	901	145	145	2071	7	TRADE	BEARISH
03:28 PMJun 20, 2025	CALL	$95.00	Jun 20, 2025	-9	365	190	3	11907	TRADE	BULLISH
11:44 AMJun 20, 2025	PUT	$120.00	Jan 16, 2026	201	402	400	37	1077	TRADE	BEARISH

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