Micron Technology Slips to 22nd in Trading Volume Ranking as Stock Price Drops 1.24 Percent

On June 23, 2025, Micron Technology (MU) experienced a significant decline, with its trading volume dropping by 33.59% to 23.81 billion, placing it at the 22nd position in the day's stock market rankings. The stock price fell by 1.24%.

Micron is set to release its fiscal 2025 third-quarter earnings on June 25, a report that investors are eagerly awaiting. The company is expected to deliver solid growth, driven by the increasing demand for memory chips in AI servers and other technological advancements.

Analysts are optimistic about Micron's performance, with many highlighting the ongoing strength in data center and AI-driven DRAM demand. This positive outlook is supported by Micron's Earnings ESP of +6.38%, indicating that analysts are bullish on its near-term earnings potential.

Stifel analyst Brian Chin reiterated a “Buy” rating on Micron stock with a price target of $130.00, citing the company's strong position in the market. Overall, analysts have a Strong Buy consensus rating on MU stock, with 16 Buys, three Holds, and zero Sells assigned.