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 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.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
joseph moore Morgan Stanley | Sell | $74.75 | rated | Dec 21, 2023 |
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.
When did it IPO
0
Staff Count
43,000
Country
United States
Sector/Industry
Technology/Semiconductors
CEO
Mr. Sanjay Mehrotra
Market Cap
$87.76B
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
Revenue From 2020
Revenue From 2021
Revenue From 2022
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