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Micron Technology (MU) Stock Forecast & Price Prediction

Estimation of the future price movement of Micron Technology stock, based on various factors such as historical price trends, market trends, company performance, and economic conditions.

Price target


Current $73.13

Concensus $75.98

Low $45.00

Median $70.00

High $135.00

Based on analysts projections #MU is expected to experience a positive growth trajectory over the next year.

The current average MU price target, as estimated by these analysts, is $75.98.

The predictions for the future MU stock price range from a low of $45.00 to a high of $135.00, highlighting the variability of market expectations for MU.

It is important to note that market fluctuations and unforeseen events can have an impact on these projections, so investors should always exercise caution and conduct thorough research before making any investment decisions.

MU stock forecasts by analyst

Analyst / firm Date Rating Price target Price when posted
Joseph Moore
Morgan Stanley 		September 28, 2023 Sell 58.50 65.78
Brian Chin
Stifel Nicolaus 		September 28, 2023 Sell 65.00 65.20
Vijay Rakesh
Mizuho Securities 		September 28, 2023 Buy 82.00 65.20
Quinn Bolton
Needham 		September 28, 2023 Buy 75.00 65.20
Joseph Moore
Morgan Stanley 		September 28, 2023 Sell 58.00 65.20
Matt Bryson
Wedbush 		September 21, 2023 Buy 80.00 68.50
Srini Pajjuri
Raymond James 		June 29, 2023 Buy 76.00 65.13
Vijay Rakesh
Mizuho Securities 		May 23, 2023 Sell 72.00 66.29
John Vinh
Mizuho Securities 		April 10, 2023 Sell 70.00 63.27
Mark Li
Bernstein 		March 29, 2023 Buy 80.00 62.94
Srini Pajjuri
Raymond James 		March 29, 2023 Sell 70.00 62.94
Rajvindra Gill
Needham 		March 29, 2023 Sell 70.00 62.94
Joseph Moore
Morgan Stanley 		March 29, 2023 Sell 46.00 62.94
UBS December 22, 2022 Sell 70.00 49.43
Timothy Arcuri
UBS 		December 21, 2022 Buy 75.00 50.68
Rajvindra Gill
Needham 		December 21, 2022 Sell 67.00 50.68
Sidney Ho
Deutsche Bank 		December 21, 2022 Sell 55.00 50.68
Wells Fargo December 7, 2022 Sell 70.00 53.49
Jason Getz
Mizuho Securities 		November 17, 2022 Sell 52.00 58.74
Credit Suisse November 16, 2022 Buy 78.00 63.10
Rajvindra Gill
Needham 		September 30, 2022 Sell 60.00 51.14
Ambrish Srivastava
Loop Capital Markets 		September 30, 2022 Sell 70.00 51.14
Brian Chin
Stifel Nicolaus 		September 30, 2022 Sell 58.00 51.50
Deutsche Bank September 30, 2022 Sell 60.00 51.22
Morgan Stanley September 30, 2022 Sell 49.00 50.78
BMO Capital September 30, 2022 Sell 70.00 51.39
Stifel Nicolaus September 30, 2022 Sell 54.00 51.46
Needham September 30, 2022 Sell 60.00 50.01
Joseph Moore
Morgan Stanley 		September 30, 2022 Sell 49.00 51.15
Harsh Kumar
Piper Sandler 		September 29, 2022 Sell 45.00 50.01
J.P. Morgan September 27, 2022 Sell 65.00 49.64
Wedbush September 26, 2022 Sell 65.00 48.88
Evercore ISI September 26, 2022 Sell 70.00 48.88
Mehdi Hosseini
Susquehanna 		September 26, 2022 Sell 60.00 50.10
Goldman Sachs September 23, 2022 Sell 63.00 49.62
Aaron Rakers
Wells Fargo 		September 21, 2022 Buy 75.00 50.80
Vijay Rakesh
Mizuho Securities 		September 21, 2022 Sell 56.00 50.80
BMO Capital September 19, 2022 Buy 80.00 52.85
Christopher Danely
Citigroup 		August 10, 2022 Buy 75.00 61.40
Deutsche Bank August 10, 2022 Sell 68.00 61.15
Mizuho Securities August 10, 2022 Buy 75.00 59.81
Citigroup August 10, 2022 Buy 75.00 59.90
Joseph Moore
Morgan Stanley 		July 22, 2022 Sell 56.00 63.64
Timothy Arcuri
UBS 		July 5, 2022 Buy 100.00 53.65
Ambrish Srivastava
Loop Capital Markets 		July 1, 2022 Buy 85.00 53.65
Hans Mosesmann
Rosenblatt Securities 		July 1, 2022 Buy 100.00 53.65
Rajvindra Gil
Needham 		July 1, 2022 Sell 64.00 53.65
Vijay Rakesh
Mizuho Securities 		July 1, 2022 Buy 84.00 53.65
Citigroup July 1, 2022 Buy 80.00 53.67
Wells Fargo July 1, 2022 Buy 90.00 52.08
Cowen & Co. July 1, 2022 Sell 70.00 55.28
Robert W. Baird July 1, 2022 Sell 60.00 55.28
Wedbush July 1, 2022 Buy 85.00 55.28
Deutsche Bank July 1, 2022 Sell 70.00 55.28
J.P. Morgan July 1, 2022 Buy 80.00 55.28
Goldman Sachs July 1, 2022 Buy 75.00 55.28
UBS July 1, 2022 Buy 90.00 55.28
Raymond James July 1, 2022 Sell 72.00 55.28
Piper Sandler July 1, 2022 Sell 50.00 55.28
Timothy Arcuri
UBS 		June 29, 2022 Buy 115.00 56.02
Hans Mosesmann
Rosenblatt Securities 		June 29, 2022 Buy 165.00 55.67
J.P. Morgan June 28, 2022 Buy 96.00 59.83
Tom O'Malley
Barclays 		June 28, 2022 Buy 75.00 58.78
BMO Capital June 27, 2022 Buy 85.00 59.29
Vijay Rakesh
Mizuho Securities 		June 21, 2022 Buy 95.00 56.94
Harsh Kumar
Piper Sandler 		June 20, 2022 Sell 70.00 55.75
Citigroup June 6, 2022 Buy 100.00 69.94
Rajvindra Gill
Needham 		May 16, 2022 Buy 130.00 70.99
Vijay Rakesh
Mizuho Securities 		May 12, 2022 Buy 113.00 66.96
Mehdi Hosseini
Credit Suisse 		April 2, 2022 Buy 130.00 76.18
Joseph Moore
Morgan Stanley 		March 29, 2022 Buy 83.00 81.94
Tristan Gerra
Robert W. Baird 		March 29, 2022 Buy 90.00 81.94
Harlan Sur
J.P. Morgan 		March 28, 2022 Buy 115.00 79.75
Mark Li
Bernstein 		March 16, 2022 Buy 94.00 79.56
Toshiya Hari
Goldman Sachs 		March 12, 2022 Buy 110.00 72.82
Christopher Danely
Citigroup 		February 24, 2022 Buy 120.00 88.71
Matt Bryson
Wedbush 		February 14, 2022 Buy 120.00 89.74
Thomas O'Malley
Barclays 		January 12, 2022 Buy 105.00 94.98
Vivek Arya
Bank of America Securities 		January 10, 2022 Buy 118.00 93.76
Pierre Ferragu
New Street 		January 9, 2022 Buy 135.00 93.76
Harsh Kumar
Piper Sandler 		December 21, 2021 Buy 90.00 90.46
Sidney Ho
Deutsche Bank 		December 21, 2021 Buy 100.00 90.46
Karl Ackerman
Cowen & Co. 		December 21, 2021 Buy 101.00 90.46
John Vinh
KeyBanc 		September 29, 2021 Buy 110.00 71.37

Micron Technology (MU) Fundamentals Checker

Financial metrics are used to evaluate financial stability which helps analysts determine if Micron Technology is undervalued compared to its fair value. A company's financial health can strongly influence the stock forecast.

Buy

Financial Scores

Updated on: 07/12/2023

Altman Z-Score: 3.7

Piotroski Score: 4.0

ESG Score

Updated on: 07/12/2023

Environmental: 56.9

Social: 62.5

Governance: 65.5

Financial Health

Updated on: 07/12/2023

DCF: Strong Buy

ROE: Neutral

ROA: Neutral

Debt to equity ratio: Neutral

Price to earnings ratio: Strong Sell

Price to book ratio: Strong Buy

MU Discounted Cash Flow

Updated on: 07/12/2023

$79.934
Discounted Cash Flow Value

$73.130
Current Price

MU Revenues by Segment

Updated on: 07/12/2023

DRAM Products
$109,780,000.00
NAND Products
$42,060,000.00
Other Product Sales
$3,560,000.00

Revenue from Contract with Customer, Excluding Assessed Tax

MU Revenues by Region

Updated on: 07/12/2023

CHINA
$21,810,000.00
Europe
$6,820,000.00
HONG KONG
$3,400,000.00
JAPAN
$9,870,000.00
Other Asia Pacific
$7,520,000.00
Other Countries
$960,000.00
TAIWAN
$26,970,000.00
UNITED STATES
$78,050,000.00

MU Notes Due

Updated on: 07/12/2023

CIKExchangeTitle

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