B of A Securities has upgraded Micron Technology Inc (MU) from Neutral to Buy as of December 17, 2025. This upgrade comes as the semiconductor company, headquartered in Boise, Idaho, continues to deliver innovative memory and storage solutions. Micron's current share price stands at $249.49, with a market capitalization of $262.1 billion.
This shift in analyst sentiment underscores a more optimistic outlook on Micron's fundamentals and business performance. The firm, which employs 53,000 full-time workers, specializes in high-performance dynamic random-access memory (DRAM), NAND, and NOR memory products. Its offerings cater to diverse markets, including data centers, PCs, and mobile devices, playing a crucial role in advancing artificial intelligence and compute-intensive applications.
Micron's recent earnings performance has shown positive surprises, with Q1 2026 reporting an EPS of $4.78 against an estimate of $4.05, marking an 18.2% surprise. The company is poised for upcoming earnings announcements, with EPS estimates of $5.50 and revenue expectations of $15.6 billion for June 23, 2026.
Analyst ratings are valuable insights based on research and financial models, yet they should be considered alongside various factors, including company fundamentals and industry trends. As of December 1, 2025, the consensus rating for Micron stands at Buy, with 16 Strong Buy, 30 Buy, 5 Hold, and 2 Sell ratings from a total of 53 analysts. Analyst perspectives can evolve over time, reflecting the dynamic nature of the market.