Micron Shares Rise 0.07% Despite 30% Volume Drop to 24th Rank Outpaces Tech Sector Gains

On September 8, 2025, Micron (MU) closed with a 0.07% gain, trading at $131.41. The stock recorded a trading volume of $2.55 billion, a 30.39% decline from the prior day, ranking 24th in market activity. Recent performance highlights include a 56.1% year-to-date return, outpacing the Zacks Computer and Technology sector’s 15.4% and the Integrated Systems industry’s 26.4% gains.

Strong earnings momentum underpins the rally, with Micron reporting $1.91 EPS in its June 25 report, exceeding estimates by $0.32. Analysts project $13.05 EPS for fiscal 2025 and $15.59 for 2026, reflecting 60.8% and 33.9% year-over-year growth, respectively. Revenue forecasts of $36.91 billion and $49.43 billion for the next two years align with 47% and 34% expansion, driven by AI infrastructure and High-Bandwidth Memory (HBM) demand.

Valuation metrics suggest relative affordability despite the 52-week high. The stock trades at a forward P/E of 9.98, below its 21.40 trailing P/E and industry peers. A Price-to-Sales ratio of 3.57 and Return on Equity of 13.02% further underscore efficiency. Zacks assigns a “Strong Buy” rating (Rank #1) based on consistent earnings estimate revisions and favorable momentum, with a consensus price target of $147.54.

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