MU - Micron Technology - Stock Forecast

Technology - Sector

Coverage Profile Performance Price Targets & Ratings Chart Insider Trading

MU is currently covered by 31 analysts with an average price target of $127.87. This is a potential upside of $16.09 (14.39%) from yesterday's end of day stock price of $111.78.

Micron Technology's activity chart (see below) currently has 1,237 price targets and 959 ratings on display. The stock rating distribution of MU is 75% BUY, 18.89% HOLD and 6.11% SELL.

Stock Analyst Price Targets - Review

Analysts average stock forecasts to be materialized ratio is 93.17% with an average time for these price targets to be met of 412.49 days.

Highest price target for MU is $150, Lowest price target is $74.75, average price target is $127.87.

Most recent stock forecast was given by C J MUSE from CANTOR FITZGERALD on 08-Apr-2024. First documented stock forecast 06-Jun-2013.

Split History since 2000:

5/2/00 2 for 1

Overview

Micron Technology is a global leader in the design, development, manufacturing, and sale of memory and storage products. The company offers a wide range of memory and storage technologies, which are used in a variety of industries, including cloud server, enterprise, client, graphics, networking, industrial, automotive, and consumer markets.

Operations

The company operates through four business units: Compute and Networking Business Unit, Mobile Business Unit, Embedded Business Unit, and Storage Business Unit. These units provide a diverse range of memory and storage products, including DRAM, NAND, and NOR memory products, as well as solid-state drives (SSDs) and component-level solutions.

DRAM products are dynamic random access memory semiconductor devices that provide high-speed data retrieval with low latency. NAND products are non-volatile and re-writable semiconductor storage devices used for long-term data storage. NOR memory products are non-volatile and re-writable semiconductor memory devices that provide fast read speeds. These products are marketed under the Micron and Crucial brands, as well as through private labels.

Micron’s memory and storage products are used in various applications such as cloud computing, enterprise computing, client computing, graphics, networking, industrial, and automotive markets. The company also offers memory and storage products for smartphones and other mobile devices.

The company markets its products through a variety of channels, including direct sales, independent sales representatives, distributors, and retailers. It also has a web-based customer direct sales channel and works with channel and distribution partners.