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Micron Technology Inc
NASDAQ:MU

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Micron Technology Inc
NASDAQ:MU
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Price: 990.21 USD 3.2% Market Closed
Market Cap: $1.1T

Wall St Price Targets

MU Price Targets Summary
Micron Technology Inc

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

According to Wall Street analysts, the average 1-year price target for MU is 1 487.4 USD with a low forecast of 191.9 USD and a high forecast of 2 100 USD.

Lowest Forecast
Price Target
191.9 USD
81% Downside
Average Forecast
Price Target
1 487.4 USD
50% Upside
Highest Forecast
Price Target
2 100 USD
112% Upside
Micron Technology Inc Competitors:
Price Targets
BCPC
Balchem Corp
27% Upside

Revenue
Forecast

12% / Year
Past Growth
21% / Year
Estimated Growth
Estimates Accuracy
-2%
Average Miss
12% / Year
Past Growth
21% / Year
Estimated Growth
Estimates Accuracy
-2%
Average Miss

Over the last 13 years, the compound annual growth rate for Revenue has been 12%. The projected CAGR for the next 8 years is 21%.

Gross Profit
Forecast

23% / Year
Past Growth
24% / Year
Estimated Growth
Estimates Accuracy
-4%
Average Miss
23% / Year
Past Growth
24% / Year
Estimated Growth
Estimates Accuracy
-4%
Average Miss

Over the last 13 years, the compound annual growth rate for Gross Profit has been 23%. The projected CAGR for the next 8 years is 24%.

Operating Income
Forecast

N/A
Past Growth
111% / Year
Estimated Growth
Estimates Accuracy
-5%
Average Miss
N/A
Past Growth
111% / Year
Estimated Growth
Estimates Accuracy
-5%
Average Miss

The compound annual growth rate for Operating Income over the next 4 years is 111%.

Pre-Tax Income
Forecast

N/A
Past Growth
136% / Year
Estimated Growth
Estimates Accuracy
-9%
Average Miss
N/A
Past Growth
136% / Year
Estimated Growth
Estimates Accuracy
-9%
Average Miss

The compound annual growth rate for Pre-Tax Income over the next 3 years is 136%.

Net Income
Forecast

N/A
Past Growth
28% / Year
Estimated Growth
Estimates Accuracy
-9%
Average Miss
N/A
Past Growth
28% / Year
Estimated Growth
Estimates Accuracy
-9%
Average Miss

The compound annual growth rate for Net Income over the next 8 years is 28%.

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 you see on other sites is mostly sourced from sell-side analysts.

What is MU's stock price target?
Price Target
1 487.4 USD

According to Wall Street analysts, the average 1-year price target for MU is 1 487.4 USD with a low forecast of 191.9 USD and a high forecast of 2 100 USD.

What is the Revenue forecast for Micron Technology Inc?
Projected CAGR
21%

Over the last 13 years, the compound annual growth rate for Revenue has been 12%. The projected CAGR for the next 8 years is 21%.

What is the Gross Profit forecast for Micron Technology Inc?
Projected CAGR
24%

Over the last 13 years, the compound annual growth rate for Gross Profit has been 23%. The projected CAGR for the next 8 years is 24%.

What is the Operating Income forecast for Micron Technology Inc?
Projected CAGR
111%

The compound annual growth rate for Operating Income over the next 4 years is 111%.

What is the Pre-Tax Income forecast for Micron Technology Inc?
Projected CAGR
136%

The compound annual growth rate for Pre-Tax Income over the next 3 years is 136%.

What is the Net Income forecast for Micron Technology Inc?
Projected CAGR
28%

The compound annual growth rate for Net Income over the next 8 years is 28%.

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