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Micron Technology Inc
NASDAQ:MU

Watchlist Manager
Micron Technology Inc Logo
Micron Technology Inc
NASDAQ:MU
Watchlist
Price: 119.25 USD 0.38% Market Closed
Updated: Mar 28, 2024

Wall Street
Price Targets

MU Price Targets Summary
Micron Technology Inc

Wall Street analysts forecast MU stock price to drop over the next 12 months.

According to Wall Street analysts, the average 1-year price target for MU is 101.35 USD with a low forecast of 42.85 USD and a high forecast of 147 USD.

Lowest
Price Target
42.85 USD
64% Downside
Average
Price Target
101.35 USD
15% Downside
Highest
Price Target
147 USD
23% Upside

MU Last Price Targets
Micron Technology Inc

The latest public price target was made on Mar 25, 2024 by Vijay Rakesh from Mizuho Securities , who expects MU stock to rise by 9% over the next 12 months. You can read more about this price target by viewing the article on StreetInsider.

Analyst Price Target Date Article
Vijay Rakesh
Mizuho Securities
130 USD
Upside 9%
3 days ago
Mar 25, 2024
Micron Technology (MU) PT Raised to $130 at Mizuho
StreetInsider
Harsh Kumar
Piper Sandler
130 USD
Upside 9%
1 week ago
Mar 21, 2024
Micron Technology (MU) PT Raised to $130 at Piper Sandler
StreetInsider
Brian Chin
Stifel Nicolaus
140 USD
Upside 17%
1 week ago
Mar 21, 2024
Micron Technology (MU) PT Raised to $140 at Stifel, 'AI growth (at-a-reasonable-price)'
StreetInsider
Vijay Rakesh
Mizuho Securities
124 USD
Upside 4%
1 week ago
Mar 21, 2024
5 Micron Technology Analysts Raise Forecasts After Blockbuster Q2 Results
Benzinga
Aaron Rakers
Wells Fargo
135 USD
Upside 13%
1 week ago
Mar 21, 2024
Micron Technology (MU) PT Raised to $135 at Wells Fargo, 'What Matters the Most'
StreetInsider
John Vinh
KeyBanc
135 USD
Upside 13%
1 week ago
Mar 21, 2024
Micron Technology (MU) PT Raised to $135 at KeyBanc, 'Strong Results Reflect Improving Pricing'
StreetInsider
Toshiya Hari
Goldman Sachs
122 USD
Upside 2%
1 week ago
Mar 21, 2024
Micron Technology (MU) PT Raised to $122 at Goldman Sachs
StreetInsider
Jim Kelleher
Argus Research
140 USD
Upside 17%
1 week ago
Mar 21, 2024
Argus Upgrades Micron Technology (MU) to Buy, 'NAND and DRAM prices are now rising due to inventory normalization'
StreetInsider
Matt Bryson
Wedbush
130 USD
Upside 9%
1 week ago
Mar 21, 2024
5 Micron Technology Analysts Raise Forecasts After Blockbuster Q2 Results
Benzinga
Joseph Moore
Morgan Stanley
98 USD
Downside 18%
1 week ago
Mar 21, 2024
Micron Technology (MU) PT Raised to $98 at Morgan Stanley
StreetInsider
Hans Mosesmann
Rosenblatt Securities
225 USD
Upside 89%
1 week ago
Mar 21, 2024
Micron Technology (MU) PT Raised to Street High $225 at Rosenblatt
StreetInsider
Brian Chin
Stifel Nicolaus
120 USD
Upside 1%
1 week ago
Mar 19, 2024
Stifel on Micron Technology (MU) Ahead of Earnings Tomorrow: 'Regaining profitability just an intermediate stepping stone'
StreetInsider
Angelo Zino
CFRA
110 USD
Downside 8%
1 week ago
Mar 19, 2024
Micron Technology (MU) PT Raised to $110 at CFRA
StreetInsider
Timothy Arcuri
UBS
120 USD
Upside 1%
1 week ago
Mar 19, 2024
Micron Technology (MU) PT Raised to $120 at UBS, 'see results biased to the high-end of guidance'
StreetInsider
Tristan Gerra
Robert W. Baird
115 USD
Downside 4%
1 week ago
Mar 19, 2024
Micron Technology (MU) PT Raised to $115 at Baird, 'DRAM Supply/Demand Could Return to Equilibrium by C4Q'
StreetInsider
Chris Caso
Wolfe Research
120 USD
Upside 1%
2 weeks ago
Mar 13, 2024
Micron Technology (MU) PT Raised to $120 at Wolfe Research
StreetInsider
Matt Bryson
Wedbush
103 USD
Downside 14%
2 weeks ago
Mar 12, 2024
Micron Tech Poised for Strong Earnings Amid Surge in Chip Pricing: Analyst
Benzinga
Vijay Rakesh
Mizuho Securities
100 USD
Downside 16%
1 month ago
Feb 21, 2024
Micron, Seagate, Western Digital Poised for Upswing, Driven by NAND Price Surge, Analyst Forecasts
Benzinga
Hans Mosesmann
Rosenblatt Securities
140 USD
Upside 17%
3 months ago
Dec 21, 2023
Micron Technology Guidance Reflects Strong Pricing Rebound: 10 Analysts Deep Dive Into Q1 Earnings
Benzinga
Timothy Arcuri
UBS
90 USD
Downside 25%
3 months ago
Dec 20, 2023
Micron Likely To Report Wider Q1 Loss; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Benzinga
Joseph Moore
Morgan Stanley
58 USD
Downside 51%
6 months ago
Sep 28, 2023
What 7 Analysts Think of Micron Technology's Q4: Excess Inventory, Product Demand
Benzinga
Quinn Bolton
Needham
75 USD
Downside 37%
6 months ago
Sep 28, 2023
What 7 Analysts Think of Micron Technology's Q4: Excess Inventory, Product Demand
Benzinga
Brian Chin
Stifel Nicolaus
65 USD
Downside 45%
6 months ago
Sep 28, 2023
What 7 Analysts Think of Micron Technology's Q4: Excess Inventory, Product Demand
Benzinga
Vijay Rakesh
Mizuho Securities
82 USD
Downside 31%
6 months ago
Sep 28, 2023
What 7 Analysts Think of Micron Technology's Q4: Excess Inventory, Product Demand
Benzinga
Matt Bryson
Wedbush
80 USD
Downside 33%
6 months ago
Sep 21, 2023
AI Demand, Positive Chinese Market Boost Micron's Pricing Dynamics Ahead Of Earnings, Says Analyst
Benzinga
Srini Pajjuri
Raymond James
76 USD
Downside 36%
8 months ago
Jun 29, 2023
China Unable To Chip Off Micron's Prospects: 4 Analysts Remain Bullish On Outlook
Benzinga
Vijay Rakesh
Mizuho Securities
72 USD
Downside 40%
10 months ago
May 23, 2023
Banned but Unbroken: Micron's China Conundrum Creates Buying Opportunity, Says Analyst
Benzinga
John Vinh
Mizuho Securities
70 USD
Downside 41%
11 months ago
Apr 10, 2023
Supply Chain Silver Lining: Samsung's Production Cut to Benefit Micron and Restore Balance, Say Analysts
Benzinga
Joseph Moore
Morgan Stanley
46 USD
Downside 61%
11 months ago
Mar 29, 2023
6 Micron Technology Analysts Bullish On Q2 Earnings, But 1 Remains Bearish Over 'Demand Weakness'
Benzinga
Mark Li
Bernstein
80 USD
Downside 33%
11 months ago
Mar 29, 2023
6 Micron Technology Analysts Bullish On Q2 Earnings, But 1 Remains Bearish Over 'Demand Weakness'
Benzinga
Rajvindra Gill
Needham
70 USD
Downside 41%
11 months ago
Mar 29, 2023
6 Micron Technology Analysts Bullish On Q2 Earnings, But 1 Remains Bearish Over 'Demand Weakness'
Benzinga
Srini Pajjuri
Raymond James
70 USD
Downside 41%
11 months ago
Mar 29, 2023
6 Micron Technology Analysts Bullish On Q2 Earnings, But 1 Remains Bearish Over 'Demand Weakness'
Benzinga
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Vijay Rakesh
Mizuho Securities
Price Target 130 USD
Upside/Downside 9%
View Source
Harsh Kumar
Piper Sandler
Price Target 130 USD
Upside/Downside 9%
View Source
Brian Chin
Stifel Nicolaus
Price Target 140 USD
Upside/Downside 17%
View Source
Vijay Rakesh
Mizuho Securities
Price Target 124 USD
Upside/Downside 4%
View Source
Aaron Rakers
Wells Fargo
Price Target 135 USD
Upside/Downside 13%
View Source
John Vinh
KeyBanc
Price Target 135 USD
Upside/Downside 13%
View Source
Toshiya Hari
Goldman Sachs
Price Target 122 USD
Upside/Downside 2%
View Source
Jim Kelleher
Argus Research
Price Target 140 USD
Upside/Downside 17%
View Source
Matt Bryson
Wedbush
Price Target 130 USD
Upside/Downside 9%
View Source
Joseph Moore
Morgan Stanley
Price Target 98 USD
Upside/Downside 18%
View Source
Hans Mosesmann
Rosenblatt Securities
Price Target 225 USD
Upside/Downside 89%
View Source
Brian Chin
Stifel Nicolaus
Price Target 120 USD
Upside/Downside 1%
View Source
Angelo Zino
CFRA
Price Target 110 USD
Upside/Downside 8%
View Source
Timothy Arcuri
UBS
Price Target 120 USD
Upside/Downside 1%
View Source
Tristan Gerra
Robert W. Baird
Price Target 115 USD
Upside/Downside 4%
View Source
Chris Caso
Wolfe Research
Price Target 120 USD
Upside/Downside 1%
View Source
Matt Bryson
Wedbush
Price Target 103 USD
Upside/Downside 14%
View Source
Vijay Rakesh
Mizuho Securities
Price Target 100 USD
Upside/Downside 16%
View Source
Hans Mosesmann
Rosenblatt Securities
Price Target 140 USD
Upside/Downside 17%
View Source
Timothy Arcuri
UBS
Price Target 90 USD
Upside/Downside 25%
View Source
Joseph Moore
Morgan Stanley
Price Target 58 USD
Upside/Downside 51%
View Source
Quinn Bolton
Needham
Price Target 75 USD
Upside/Downside 37%
View Source
Brian Chin
Stifel Nicolaus
Price Target 65 USD
Upside/Downside 45%
View Source
Vijay Rakesh
Mizuho Securities
Price Target 82 USD
Upside/Downside 31%
View Source
Matt Bryson
Wedbush
Price Target 80 USD
Upside/Downside 33%
View Source
Srini Pajjuri
Raymond James
Price Target 76 USD
Upside/Downside 36%
View Source
Vijay Rakesh
Mizuho Securities
Price Target 72 USD
Upside/Downside 40%
View Source
John Vinh
Mizuho Securities
Price Target 70 USD
Upside/Downside 41%
View Source
Joseph Moore
Morgan Stanley
Price Target 46 USD
Upside/Downside 61%
View Source
Mark Li
Bernstein
Price Target 80 USD
Upside/Downside 33%
View Source
Rajvindra Gill
Needham
Price Target 70 USD
Upside/Downside 41%
View Source
Srini Pajjuri
Raymond James
Price Target 70 USD
Upside/Downside 41%
View Source
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Revenue
Forecast

Revenue Estimate
Micron Technology Inc

For the last 8 years the compound annual growth rate for Micron Technology Inc's revenue is -1%. The projected CAGR for the next 3 years is 32%.

-1%
Past Growth
32%
Estimated Growth
Estimates Accuracy
-2%
Average Miss

Operating Income
Forecast

Operating Income Estimate
Micron Technology Inc

N/A
Past Growth
N/A
Estimated Growth
Estimates Accuracy
-4%
Average Miss

Net Income
Forecast

Net Income Estimate
Micron Technology Inc

N/A
Past Growth
N/A
Estimated Growth
Estimates Accuracy
-5%
Average Miss

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is MU's stock price target?
Price Target
101.35 USD

According to Wall Street analysts, the average 1-year price target for MU is 101.35 USD with a low forecast of 42.85 USD and a high forecast of 147 USD.

What is Micron Technology Inc's Revenue forecast?
Projected CAGR
32%

For the last 8 years the compound annual growth rate for Micron Technology Inc's revenue is -1%. The projected CAGR for the next 3 years is 32%.