Micron Technology Stock Price Today

Micron Technology (ticker symbol: MU) closed at $389.09 on January 26, 2026, showing a decrease of 2.64% from the previous day. The stock opened at $395.63 and traded within a day’s range of $384.30 to $398.00.

In overnight trading, MU showed a recovery, rising to $400.59, up 2.96%. The company’s stock has traded between $61.54 and $412.43 in the past 52 weeks, reflecting strong long-term growth and volatility.

Key financial figures for MU include:

Micron is recognized for its solid profitability, with a profit margin of over 28% and a return on equity of 22.55%. The stock remains popular among analysts, with many rating it as a Strong Buy based on expected earnings growth and its focus on expanding production capabilities, such as its $24 billion plant in Singapore.

Investors watch MU closely for its role in supplying memory chips critical for data centers, AI, and consumer electronics.

Stock Price History

Micron Technology’s stock price has shown significant changes over the decades, reflecting its role in the evolving semiconductor industry. The company’s journey includes strong growth phases and challenging downturns, shaped by market demand for high-performance memory and storage solutions like DRAM and NAND.

Historical Price Trends And Key Milestones

Micron’s stock price started low after its founding and early trading in the 1980s. It faced several ups and downs through the 1990s and 2000s, often reflecting shifts in semiconductor manufacturing and global supply chain issues. The company benefited from the increasing need for advanced memory chips used in computing, mobile devices, and networking equipment.

Recent years saw sharp growth, driven by innovation in leading-edge memory manufacturing and technologies like HBM packaging. For example, from 2023 to 2026, the stock price rose markedly, hitting an all-time closing high of $399.65 on January 23, 2026. This jump follows the continued expansion of Micron’s market reach with brands such as Crucial and its role within the semiconductor ecosystem amid efforts like the Chips Act, which aims to improve supply chain resilience in the U.S.

This table highlights notable recent volatility and growth driven by rising demand in semiconductor manufacturing and memory markets.

Stock Splits And Share Structure Events

Micron has undergone several stock splits since its early years, a common practice to increase stock liquidity and market accessibility. These events allowed the company to attract a broader investor base during times of rapid growth.

In addition to splits, share structure adjustments have occasionally aligned with corporate strategies to support expansion in high-performance memory and semiconductor ventures. These changes helped consolidate resources for investments in advanced technologies like AMIC and NOR memory.

The structure of shares today reflects a mature company with a large market capitalization of approximately $450 billion and a focus on maintaining resilience in the semiconductor supply chain. These adjustments have supported its leadership position in the dynamic tech market.

Stock Price Predictions

Micron Technology’s stock price outlook reflects a range of factors including AI-driven demand, memory supply constraints, and growth in high-performance computing and intelligent edge markets. Prices are expected to move within a broad range as these trends evolve.

Stock Price Targets And Breakout Levels

Current analyst price targets for Micron (MU) vary widely, with forecasts ranging from about $155 to $500 per share. The average target stands near $357, which suggests a moderate downside from recent prices hovering around $390. Short-term technical resistance is noted around $412, where breaking above could signal a strong bullish trend.

Demand for memory chips in AI and high-performance computing sectors supports upside potential. Limited memory supply and capacity expansion in advanced fabs further influence breakout levels. Insider buying and robust revenue growth forecasts give additional weight to targets near $450-$500 in optimistic scenarios.

These price points serve as key reference levels for investors watching how AI and edge computing adoption drives Micron’s market position.

Analyst Forecasts Out To 1‑, 5‑, And 10‑Year Horizons

Analyst consensus for Micron’s 1-year price target averages $357, indicating possible near-term price correction from current levels. Over 5 to 10 years, forecasts depend heavily on continued growth in AI, intelligent edge devices, and broader semiconductor demand.

Earnings per share are expected to climb significantly through 2027, supporting long-term price appreciation. Revenue is projected to rise year-over-year, though at a pace below industry averages, reflecting a competitive memory market. Return on equity remains strong, highlighting operational efficiency.

Long-term forecasts reflect optimism about Micron’s ability to capitalize on trends in high-performance computing and AI, despite near-term volatility and supply chain risks. Investors should focus on evolving market dynamics and corporate strategy as key drivers of MU’s price over time.

Final Considerations: Is Micron Technology Stock A Buy?

Micron Technology has shown strong revenue and profit growth, driven largely by demand for memory chips used in AI and data centers. Revenue rose by over 50% year-over-year in the latest quarter, and earnings per share increased sharply. This growth momentum reflects Micron’s position as a key supplier for emerging technologies.

One important factor is that much of the recent revenue growth comes from higher prices rather than increased shipment volume. This price strength supports margins but also adds risk if demand changes or prices drop. The company is investing heavily in new capacity, with capital spending rising significantly, which could impact profits if market conditions shift.

At current stock prices, Micron trades at about 25 times earnings. This valuation assumes sustained growth fueled by AI expansion. If AI demand continues to grow strongly, the stock could have room to rise. However, if the AI buildout slows or pricing pressure intensifies, the stock could face challenges.

Micron’s outlook depends heavily on AI-related demand. Investors should weigh the risks of relying on pricing against the potential rewards of market leadership. The stock may appeal to those confident in long-term AI growth but may be less attractive to cautious investors.