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Micron Technology Inc

Micron Technology Inc Stock Forecast & Price Prediction

Live Micron Technology Inc Stock (MU) Price
$79.5

26

Ratings

  • Buy 23
  • Hold 2
  • Sell 1
Disclaimer : The analyst ratings and price forecast data are provided by Tradefeeds. The data is sourced from Wall Street analysts and other experienced experts. The figures presented are solely a forecast and not a guarantee of future price performance. The information presented is not a recommendation to buy or sell the stock.

Stock Price

$79.5

P/E Ratio

P/E Ratio not available for MU

Volume Traded Today

$15.5M

Dividend

Dividends not available for MU

52 Week High/low

90.04/52.76

Micron Technology Inc Market Cap

$87.76B

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MU Summary

Based on ratings from 26 stock analysts, the Micron Technology Inc stock price is expected to increase by 21.47% in 12 months. This is calculated by using the average 12-month stock price forecast for Micron Technology Inc. The lowest target is $74.75 and the highest is $115.00. Please note analyst price targets are not guaranteed and could be missed completely.

MU Analyst Ratings

MU is a stock in Technology which has been forecasted to be worth $96.57 as an average. On the higher end, the forecast price is $115.00 USD by john vinh from KeyBanc and on the lower end MU is forecasted to be $74.75 by joseph moore from Morgan Stanley.

MU stock forecast by analyst

Analyst/Firm

Rating

Price Target

Change

Date

ambrish srivastava
BMO Capital

Hold

None

rated

Jan 10, 2024
brian chin
Stifel Nicolaus

Hold

$80.0

maintained

Dec 25, 2023
tristan gerra
Robert W. Baird

Hold

$78.0

reiterated

Dec 20, 2023
jim kelleher
Argus Research

Hold

None

maintained

Jun 30, 2023
steven fox
Fox Advisors

Hold

None

downgraded

Jul 5, 2022
chandler converse
Cleveland Research

Hold

None

downgraded

Jun 18, 2021
david wong
Nomura

Hold

$51.0

maintained

Jul 14, 2020
amit daryanani
Evercore ISI

Hold

None

reiterated

Jan 9, 2019
joe wittine
Edgewater Research

Hold

None

maintained

Dec 19, 2018
tim long
Barclays

Hold

None

reiterated

Jul 27, 2017
deepon nag
Macquarie

Hold

$12.0

downgraded

Mar 31, 2016
richard whittington
Drexel Hamilton

Hold

$19.0

downgraded

Aug 7, 2015
james covello
Goldman Sachs

Hold

$32.0

maintained

Nov 24, 2014
robert ohmes
Bank of America Securities

Hold

None

downgraded

Nov 22, 2013
shawn webster
Macquarie

Hold

$6.2

rated

Jun 22, 2012
james schneider
Goldman Sachs

Hold

$5.5

upgraded

Sep 19, 2011
clyde montevirgen
Brown Brothers Harriman

Hold

None

upgraded

Apr 1, 2010

MU Company Information

Micron Technology, Inc. designs, develops, manufactures, and sells memory and storage products worldwide. The company operates through four segments: Compute and Networking Business Unit, Mobile Business Unit, Embedded Business Unit, and Storage Business Unit. It provides memory and storage technologies comprising dynamic random access memory semiconductor devices with low latency that provide high-speed data retrieval; non-volatile and re-writeable semiconductor storage devices; and non-volatile re-writable semiconductor memory devices that provide fast read speeds under the Micron and Crucial brands, as well as through private labels. The company offers memory products for the cloud server, enterprise, client, graphics, networking, industrial, and automotive markets, as well as for smartphone and other mobile-device markets; SSDs and component-level solutions for the enterprise and cloud, client, and consumer storage markets; discrete storage products in component and wafers; and memory and storage products for the automotive, industrial, and consumer markets. It markets its products through its direct sales force, independent sales representatives, distributors, and retailers; and web-based customer direct sales channel, as well as through channel and distribution partners. Micron Technology, Inc. was founded in 1978 and is headquartered in Boise, Idaho.

MU
Micron Technology Inc (MU)

When did it IPO

0

Staff Count

43,000

Country

United States

Sector/Industry

Technology/Semiconductors

CEO

Mr. Sanjay Mehrotra

Market Cap

$87.76B

Micron Technology Inc(MU) Financial Data

In 2023, MU generated $0 in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that MU's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2019

N/A

Revenue From 2020

N/A

0.00 %
From Previous Year

Revenue From 2021

N/A

0.00 %
From Previous Year

Revenue From 2022

N/A

0.00 %
From Previous Year
  • Revenue TTM $16.18B
  • Operating Margin TTM -0.24%
  • Gross profit TTM $-1,416,000,000
  • Return on assets TTM -0.06%
  • Return on equity TTM -0.15%
  • Profit margin -0.42470002%
  • Book value 38.85%
  • Market capitalisation $87.76B
  • Revenue for 2020 N/A
  • Revenue for 2021 N/A
  • Revenue for 2022 N/A
  • EPS this year -6.28
  • EPS next year N/A
... ...

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MU Frequently asked questions

The highest forecasted price for MU is $115.00 from john vinh at KeyBanc.

The lowest forecasted price for MU is $74.75 from joseph moore from Morgan Stanley

The MU analyst ratings consensus are 23 buy ratings, 2 hold ratings, and 1 sell ratings.