New Street Research has downgraded Micron Technology Inc (MU) to Neutral from Buy as of October 13, 2025. The current price stands at $241.11.
This downgrade underscores a shift in sentiment regarding Micron's outlook, potentially reflecting concerns about competitive pressures, market conditions, or execution risks that could affect the company's performance.
Micron Technology, headquartered in Boise, Idaho, specializes in innovative memory and storage solutions. The firm employs 53,000 people and offers a range of high-performance dynamic random-access memory (DRAM), NAND, and NOR products through its Micron and Crucial brands. Its solutions support advancements in artificial intelligence and compute-intensive applications, with segments including Compute and Networking, Mobile, Embedded, and Storage Business Units.
As of November 8, 2025, Micron's market capitalization is $258.5 billion, with a P/E ratio of 30.28 and an EPS of 7.58. The company has a dividend yield of 19.3%. Upcoming earnings are scheduled for June 22, 2026, with an EPS estimate of $3.44 and revenue estimate of $13.1 billion.
Analyst ratings can fluctuate, and this change from New Street Research adds to a recent wave of analyst activity. The current consensus remains a Buy, with 16 Strong Buy, 31 Buy, 6 Hold, 1 Sell, and no Strong Sell ratings among 54 analysts.