Micron Technology Inc

Micron Technology Inc Stock Forecast & Price Prediction

Live Micron Technology Inc Stock (MU) Price
$114.2

24

Ratings

  • Buy 23
  • Hold 1
  • Sell 0
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

$114.2

P/E Ratio

45.32

Volume Traded Today

$15.2M

Dividend

$0.115

52 Week High/low

157.54/60.58

Micron Technology Inc Market Cap

$145.41B

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MU Summary

Based on ratings from 24 stock analysts, the Micron Technology Inc stock price is expected to increase by 41.67% in 12 months. This is calculated by using the average 12-month stock price forecast for Micron Technology Inc. The lowest target is $10.00 and the highest is $225.00. 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 $161.79 as an average. On the higher end, the forecast price is $225.00 USD by hans mosesmann from Rosenblatt Securities and on the lower end MU is forecasted to be $10.00 by daniel amir from Ladenburg Thalmann & Co..

MU stock forecast by analyst

Analyst/Firm

Rating

Price Target

Change

Date

joseph moore
Morgan Stanley

Hold

$140.0

maintained

Jun 28, 2024
quinn bolton
Needham

Buy

$150.0

rated

Jun 27, 2024
harsh kumar
Piper Sandler

Buy

$150.0

rated

Jun 27, 2024
krish sankar
TD Cowen

Buy

$160.0

maintained

Jun 27, 2024
angelo zino
CFRA

Buy

$170.0

reiterated

Jun 27, 2024
christopher danely
Citi

Buy

$175.0

reiterated

Jun 27, 2024
jim hin kwong au
DBS

Buy

None

maintained

Jun 27, 2024
c j muse
Cantor Fitzgerald

Buy

$180.0

reiterated

Jun 27, 2024
brian chin
Stifel Nicolaus

Buy

$165.0

rated

Jun 27, 2024
jim kelleher
Argus Research

Buy

$170.0

maintained

Jun 27, 2024
john vinh
KeyBanc

Buy

$160.0

rated

Jun 27, 2024
toshiya hari
Goldman Sachs

Buy

$158.0

reiterated

Jun 27, 2024
timothy arcuri
UBS

Buy

$153.0

maintained

Jun 27, 2024
tristan gerra
Robert W. Baird

Buy

$172.0

reiterated

Jun 27, 2024
edward kelly
Wells Fargo

Buy

$10.0

rated

Jun 27, 2024
vivek arya
Bank of America Securities

Buy

$170.0

reiterated

Jun 26, 2024
thomas o'malley
Barclays

Buy

$145.0

maintained

Jun 26, 2024
vijay rakesh
Mizuho Securities

Buy

None

maintained

Jun 26, 2024
hans mosesmann
Rosenblatt Securities

Buy

$225.0

reiterated

Jun 24, 2024
srini pajjuri
Raymond James

Buy

$160.0

maintained

Jun 21, 2024

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

N/A

Staff Count

43,000

Country

United States

Sector/Industry

Technology/Semiconductors

CEO

Mr. Sanjay Mehrotra

Market Cap

$145.41B

Micron Technology Inc (MU) Financial Data

In 2023, MU generated $15.54B in revenue, which was a decrease of -49.48% from the previous year. This can be seen as a signal that MU's business is declining, and its share price could be worth less 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 2020

$21.44B

Revenue From 2021

$27.71B

29.25 %
From Previous Year

Revenue From 2022

$30.76B

11.02 %
From Previous Year

Revenue From 2023

$15.54B

-49.48 %
From Previous Year
  • Revenue TTM $21.37B
  • Operating Margin TTM 10.0%
  • Gross profit TTM $-1,416,000,000
  • Return on assets TTM -1.6%
  • Return on equity TTM -3.4%
  • Profit Margin -7.2%
  • Book Value Per Share 39.88%
  • Market capitalisation $145.41B
  • Revenue for 2021 $27.71B
  • Revenue for 2022 $30.76B
  • Revenue for 2023 $15.54B
  • EPS this year (TTM) $-1.42
... ...

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MU Frequently asked questions

The highest forecasted price for MU is $225.00 from hans mosesmann at Rosenblatt Securities.

The lowest forecasted price for MU is $10.00 from daniel amir from Ladenburg Thalmann & Co.

The MU analyst ratings consensus are 23 buy ratings, 1 hold ratings, and 0 sell ratings.