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Micron Technology

MUNASDAQ
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$88.99
1.641.88%
Pre-Market: 4:55 AM EDT
15 minutes delayed
Q4 2024 Earnings in 6 days from now on Wed Sep 25th, after the market close
Conference call scheduled in 6 days at 16:30 PM Click to view the webcast
Consensus Rating1
Buy
Highest Price Target1
$225.00
Lowest Price Target1
$67.00
Consensus Price Target1
$148.48

Micron Technology (NASDAQ:MU) Stock, Analyst Ratings, Price Targets, Forecasts

Micron Technology Inc has a consensus price target of $148.48 based on the ratings of 26 analysts. The high is $225 issued by Rosenblatt on June 27, 2024. The low is $67 issued by Exane BNP Paribas on September 12, 2024. The 3 most-recent analyst ratings were released by Wells Fargo, UBS, and Citigroup on September 18, 2024, September 17, 2024, and September 17, 2024, respectively. With an average price target of $153.33 between Wells Fargo, UBS, and Citigroup, there's an implied 72.30% upside for Micron Technology Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
2
1
May
10
1
Jun
1
Jul
1
Aug
2
1
1
Sep
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.8
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Wells Fargo
UBS
Citigroup
Morgan Stanley
Exane BNP Paribas

1calculated from analyst ratings

Analyst Ratings for Micron Technology

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for Micron Technology (MU) stock?

A

The latest price target for Micron Technology (NASDAQ:MU) was reported by Wells Fargo on September 18, 2024. The analyst firm set a price target for $175.00 expecting MU to rise to within 12 months (a possible 96.65% upside). 100 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Micron Technology (MU)?

A

The latest analyst rating for Micron Technology (NASDAQ:MU) was provided by Wells Fargo, and Micron Technology maintained their overweight rating.

Q

When was the last upgrade for Micron Technology (MU)?

A

The last upgrade for Micron Technology Inc happened on May 20, 2024 when Morgan Stanley raised their price target to $130. Morgan Stanley previously had an underweight for Micron Technology Inc.

Q

When was the last downgrade for Micron Technology (MU)?

A

The last downgrade for Micron Technology Inc happened on September 12, 2024 when Exane BNP Paribas changed their price target from $140 to $67 for Micron Technology Inc.

Q

When is the next analyst rating going to be posted or updated for Micron Technology (MU)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Micron Technology, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Micron Technology was filed on September 18, 2024 so you should expect the next rating to be made available sometime around September 18, 2025.

Q

Is the Analyst Rating Micron Technology (MU) correct?

A

While ratings are subjective and will change, the latest Micron Technology (MU) rating was a maintained with a price target of $190.00 to $175.00. The current price Micron Technology (MU) is trading at is $88.99, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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