UPDATE: Micron Technology (MU) PT Raised to $100 at Barclays

UPDATE: Micron Technology (MU) PT Raised to $115 at Raymond James

(Updated - December 21, 2021 5:41 AM EST)

Raymond James analyst Chris Caso raised the price target on Micron Technology (NASDAQ: MU) to $115.00 (from $100.00) while maintaining a Strong Buy rating.

The analyst comments "We reiterate our Strong Buy rating Micron and raise our price... More

Micron (MU) Stock Rallies After FQ1 and Guidance Beat, Analyst Upgrades to Buy as Risks are Priced In

Shares of Micron Technology (NASDAQ: MU) are trading 6.5% higher in pre-open Tuesday after the company reported better-than-expected results and guidance.

Micron reported FQ1 EPS of $2.16 to top the analyst estimate of $2.11. Revenue for the quarter came in at $7.69 billion versus the consensus estimate of $7.67 billion.

Micron delivered solid fiscal first quarter results led by strong product portfolio momentum. We are now shipping our industry-leading DRAM and NAND technologies across major end markets, and we delivered new solutions to data center, client, mobile, graphics and automotive customers. As... More

Stocks expected to have increasing option volume: NKE GIS KMX MU

Stocks expected to have increasing option volume: NKE GIS KMX MU

Stocks with Implied Volatility Movement

Micron Technology (NASDAQ: MU) volatility index movement increasing vs. 30D HV

Micron Technology (MU) PT Raised to $98 at Mizuho Securities

Mizuho Securities analyst Vijay Rakesh raised the price target on Micron Technology (NASDAQ: MU) to $98.00 (from $95.00) while maintaining a Buy rating.... More

Micron Technology (MU) PT Raised to $101 at Goldman Sachs

Goldman Sachs analyst Toshiya Hari raised the price target on Micron Technology (NASDAQ: MU) to $101.00 (from $88.00) while maintaining a Buy rating.

The analyst comments "Micron reported FY1Q (November) results that were largely in-line with Street expectations, but guided FY2Q (February)... More

Micron Technology (MU) PT Raised to $115 at JPMorgan

JPMorgan analyst Harlan Sur raised the price target on Micron Technology (NASDAQ: MU) to $115.00 (from $100.00) while maintaining a Overweight rating.... More

UPDATE: Summit Insights Upgrades Micron Technology (MU) to Buy

(Updated - December 21, 2021 4:21 AM EST)

Summit Insights analyst Kinngai Chan upgraded Micron Technology (NASDAQ: MU) from Hold to Buy.

The analyst comments "We are upgrading Micron to a buy as we believe the downside risk of Micron's customers buying ahead... More

Micron Technology (MU) PT Raised to $130 at Credit Suisse

Credit Suisse analyst John Pitzer raised the price target on Micron Technology (NASDAQ: MU) to $130.00 (from $110.00) while maintaining a Outperform rating.... More

Micron Technology (MU) PT Raised to $77 at Morgan Stanley

Morgan Stanley analyst Joseph Moore raised the price target on Micron Technology (NASDAQ: MU) to $77.00 (from $75.00) while maintaining a Equalweight rating.... More

After-Hours Stock Movers 12/20: (MU) (NKE) (ALDX) (SOPA)

After-Hours Stock Movers:

Micron Technology (NASDAQ: MU) +6.4%; reported Q1 EPS of $2.16, $0.05 better than the analyst estimate of $2.11. Revenue for the quarter came in at $7.69 billion versus the consensus estimate of $7.67 billion. GUIDANCE: Micron Technology sees Q2 2022... More

Micron results beat forecasts, sees chip shortages easing in 2022

By Akash Sriram and Stephen Nellis

(Reuters) - Micron Technology Inc on Monday delivered stronger quarterly results than Wall Street expected as data centers and electric vehicle manufacturers drove demand for its chips, and it forecast second-quarter sales and profits will also beat estimates with chip shortages easing in 2022.

Micron also disclosed that it has struck deals with its own suppliers to ease bottlenecks in its supply chain.

The company makes both the NAND memory chips that serve the data storage market and... More

Micron Technology (MU) Tops Q1 EPS by 5c, Guidance Beats

Micron Technology (NASDAQ: MU) reported Q1 EPS of $2.16, $0.05 better than the analyst estimate of $2.11. Revenue for the quarter came in at $7.69 billion versus the consensus estimate of $7.67 billion.

GUIDANCE:

Micron Technology sees Q2 2022 EPS of $1.85-$2.05, versus the consensus of $1.86.... More

Micron Technology (MU) December weekly 82 straddle priced for a move of +/- 9% into quarter results

Micron Technology (NASDAQ: MU) December weekly 82 straddle priced for a move of +/- 9% into the expected release of quarter results today after the bell today.

Micron Technology (MU) weekly IV above 100 into quarter result and outlook

Micron Technology (NASDAQ: MU) December weekly call option implied volatility is at 110, January is at 53; compared to its 52-week range of 26 to 59 into the expected release of quarter on December 20.

Micron Technology (MU) December weekly IV bid into quarter results

Micron Technology (NASDAQ: MU) December weekly 83 straddle priced for a move of +/- 8% into the expected release of quarter results today after the bell today.

Micron Technology (MU) December weekly option implied volatility elevated into quarter results

Micron Technology (NASDAQ: MU) December weekly call option implied volatility is at 77, January is at 49; compared to its 52-week range of 26 to 59 into the expected release of quarter on December 20.

Micron Technology (MU) Target Raised to $105 at Lynx Equity Strategies; 'Memory pricing inflects up'

Lynx Equity Strategies analyst KC Rajkumar and Jahanara Nissar raised their price target on Micron Technology (NASDAQ: MU) to $105 from $67, noting memory pricing inflects up.

"Our checks into the channel shows that the Street is likely in for a positive surprise at the... More

Stocks expected to have increasing option volume: T KMX BB MU NKE

Stocks expected to have increasing option volume: T KMX BB MU NKE

Micron Technology (MU) December weekly IV bid into quarter result

Micron Technology (NASDAQ: MU) December weekly 82.50 straddle priced for a move of +/- 8% into the expected release of quarter on December 20.