Micron Technology Shares Surge After Strong Quarterly Earnings Report

Shares of Micron Technology, Inc. (NASDAQ:MU) experienced a significant rise prior to trading on Thursday, opening at $256.53, a marked increase from the previous close of $225.52. This surge follows the company’s announcement of better-than-expected quarterly earnings, which exceeded analysts’ forecasts.

For the latest quarter, Micron reported earnings per share (EPS) of $4.78, surpassing the consensus estimate of $3.77 by $1.01. The semiconductor giant also revealed a net margin of 22.84% and a return on equity of 17.21%. Revenue reached $13.64 billion, significantly higher than the anticipated $12.62 billion. This represents an impressive year-over-year revenue increase of 56.7%, compared to $1.79 EPS during the same period last year.

Dividend Announcement and Future Guidance

In addition to its strong earnings, Micron Technology has announced a quarterly dividend of $0.115, payable on January 14, 2026, to stockholders of record as of December 29, 2025. This dividend translates to an annualized payout of $0.46, yielding approximately 0.2%. The company’s payout ratio stands at 6.06%.

Looking ahead, Micron has provided guidance for the second quarter of 2026, estimating EPS between $8.220 and $8.620.

Insider Trading Activity

Recent insider trading reports reveal notable transactions. CFO Mark J. Murphy sold 126,000 shares on October 30, 2025, with an average sale price of $225.31, totaling over $28.39 million. After this transaction, Murphy’s remaining holdings amounted to 219,693 shares, valued at approximately $49.50 million, indicating a 36.45% reduction in his stake.

Additionally, CEO Sanjay Mehrotra sold 3,743 shares on November 7, 2025, at an average price of $233.39, netting around $873,578.77. Following this sale, Mehrotra continued to hold 396,578 shares valued at about $92.56 million, which represents a 0.93% decrease in ownership. In total, insiders sold 383,650 shares worth $81.60 million over the last quarter, reflecting their ownership of just 0.24% of the company.

Institutional Investor Activity

Institutional investors have also been active with their holdings in Micron Technology. Notably, REAP Financial Group LLC acquired a new stake valued at approximately $25,000 in the third quarter of 2025. First Command Advisory Services Inc. increased its holdings by 225.0%, now owning 221 shares worth $27,000 after purchasing an additional 153 shares. Other institutions, such as Barnes Dennig Private Wealth Management LLC and Howard Hughes Medical Institute, also added positions during this period.

Overall, institutional and hedge funds currently hold 80.84% of Micron Technology’s stock, reflecting strong confidence in the company’s prospects.

Stock Performance Overview

Following this announcement, Micron Technology’s stock rose by 11.1%. The company’s 50-day moving average stands at $225.54, while the 200-day moving average is at $162.83. Micron’s market capitalization is now approximately $281.72 billion, with a price-to-earnings ratio of 33.33 and a beta of 1.54.

Founded in 1978, Micron Technology, Inc. designs, develops, manufactures, and sells memory and storage products globally. The company operates through four segments: Compute and Networking Business Unit, Mobile Business Unit, Embedded Business Unit, and Storage Business Unit. Their product range includes high-speed dynamic random access memory devices and non-volatile storage solutions, marketed under the Micron and Crucial brands.

As the semiconductor industry continues to evolve, Micron Technology’s strong financial performance positions it well for future growth and investment opportunities.