Micron Technology stock forecast, MU price prediction

Micron Technology (MU) Stock Price Forecast

12-month forecast. Price targets made by 19 analysts.

Minimum Forecast

$75

Average Forecast

$109.68

Micron Technology Inc stock returns on equity (ROE) forecast

Will Micron Technology Inc be a profitable investment for shareholders?
MU

30.32%

Industry

32.39%

Market

22.03%

Micron Technology Inc stock return on assets (ROA) forecast

how much profit will Micron Technology Inc be able to generate from its assets?
MU

22.90%

Industry

18.10%

Market

10.62%

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Analyst recomendation

Buy

Investment opportunity: good
Strong Buy: 13

65%

Buy: 4

20%

Hold: 3

15%

Strong Sell: 0

0%

Sell: 0

0

MU stock earnings per share (EPS)

How much of new income will be owned by each shareholder within the next years?
Avg 1 year forecast: $11.77 (+218.11%)
Avg 2 year forecast: $11.38 (+207.57%)

MU stock revenue forecast

How much money is Micron Technology Inc likely to bring in the coming years?
Avg 1 year forecast: $31.3B (+22.97%)
Avg 2 year forecast: $35.6B (+39.68%)
Avg 3 year forecast: $32.5B (+27.67%)

Micron Technology Inc stock earnings-growth forecast

How much do analyst expect MU to grow during the next years?
MU

16.07%

Industry

13.32%

Market

12.16%

Micron Technology Inc stock revenue-growth forecast

How much do analyst expect Micron Technology Inc's revenue to grow during the next years?
MU

Industry

Market

What is the stock price forecast of Micron Technology for the next 12 months?
The average Micron Technology stock forecast price is $109.68, with $75 representing the minimum price forecast and $165 the highest. According to the forecast made by 19 analysts, Micron Technology Inc stock is a good investment opportunity with a potential upside of 57% in the next 12 months.
According to analysts’ forecasts, is MU stock expected to go up?
Analysts believe that in the short term, Micron Technology stock is to Buy. Out of 19 analysts, 13 (65%) think that MU is a strong buy, 4 (20%) think that MU is a buy, 3 (15%) think that MU is a hold, 0 (0) think that MU is a sell, 0 (0%) think that MU is a strong sell. As per the middle term, analysts expect Micron Technology stock to upside, reaching a maximum forecasted price of $165.
How much can I expect to make investing in MU in 12 months?
Analysts predict the price of MU to reach $109.68 next year. If correct, $100 invested on Oct 7th, 2021 would result in a profit of $54. To give a perspective, shares of 100 bought on Dec 21st, 2020 would have returned on Oct 7th, 2021 $-1, hence a -1.0% return on investment.
What is Micron Technology's ROE, ROA, and EPS forecast?
Analysts forecast Micron Technology's ROE to increase by 30.32% in the next three years. They expect the industry to grow by 32.39% and the US market to grow by 22.03% during the same period. Micron Technology's ROA instead is likely to increase by 22.90% versus a 18.10% forecast industry growth. Similarly, Micron Technology''s EPS is expected to reach $11.77 (+218.11%) in one year, $11.38 (+207.57%) in two years, and in three years.