NASDAQ:MU

Micron Technology Stock Forecast, Price & News

$84.71
-4.78 (-5.34 %)
(As of 04/22/2021 12:00 AM ET)
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Today's Range
$83.90
Now: $84.71
$88.36
50-Day Range
$83.00
MA: $89.92
$95.59
52-Week Range
$42.25
Now: $84.71
$96.96
Volume33.87 million shs
Average Volume20.75 million shs
Market Capitalization$95.00 billion
P/E Ratio31.97
Dividend YieldN/A
Beta1.37
Micron Technology, Inc. designs, manufactures, and sells memory and storage products worldwide. The company operates through four segments: Compute and Networking Business Unit, Mobile Business Unit, Storage Business Unit, and Embedded Business Unit. It offers memory and storage technologies, including DRAM, NAND, NOR, and 3D XPoint memory under the Micron and Crucial brands, as well as through private labels. The company provides memory products for the cloud server, enterprise, client, graphics, and networking markets, as well as for smartphone and other mobile-device markets; SSDs and component-level solutions for the enterprise and cloud, client, and consumer storage markets; other discrete storage products in component and wafer forms for the removable storage markets, as well as 3D XPoint memory products; and memory and storage products for the automotive, industrial, and consumer markets. It markets its products through its direct sales force, independent sales representatives, distributors, and retailers; and web-based customer direct sales channel, as well as through channel and distribution partners. Micron Technology, Inc. was founded in 1978 and is headquartered in Boise, Idaho.
Micron Technology logo

Industry, Sector and Symbol

Industry Semiconductors & related devices
Sub-IndustrySemiconductors
CUSIP59511210
Phone208-368-4000
Employees40,000
Year Founded1978

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$21.44 billion
Cash Flow$8.19 per share
Book Value$35.67 per share

Profitability

Net Income$2.69 billion

Miscellaneous

Outstanding Shares1,121,416,000
Market Cap$95.00 billion
Next Earnings Date7/5/2021 (Estimated)
OptionableOptionable

Headlines

3 Semiconductor Stocks Set to Outperform
March 31, 2021 |  marketbeat.com
Micron Technology (NASDAQ:MU) Shares Down 4.4%
April 22, 2021 |  americanbankingnews.com
Nasdaq 100 Movers: MU, OKTA
April 22, 2021 |  nasdaq.com
Were Hedge Funds Right About Piling Into Micron (MU)?
April 21, 2021 |  finance.yahoo.com
2 Strong Stocks to Buy Now on the Dip After Earnings
April 20, 2021 |  finance.yahoo.com
'Fast Money Halftime Report' Picks For April 19
April 19, 2021 |  benzinga.com
Bull of the Day: Micron Technology, Inc. (MU)
April 17, 2021 |  markets.businessinsider.com
Is Micron Technology (MU) A Smart Long-Term Buy?
April 15, 2021 |  finance.yahoo.com
See More Headlines

MarketRank

Overall MarketRank

2.42 out of 5 stars

Computer And Technology Sector

24th out of 1,554 stocks

Semiconductors & Related Devices Industry

7th out of 146 stocks

Analyst Opinion: 4.4Community Rank: 3.5Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 2.5 5 -4 -3 -2 -1 -
$84.71
-4.78 (-5.34 %)
(As of 04/22/2021 12:00 AM ET)
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Micron Technology (NASDAQ:MU) Frequently Asked Questions

Is Micron Technology a buy right now?

35 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Micron Technology in the last year. There are currently 1 sell rating, 5 hold ratings, 28 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" Micron Technology stock.
View analyst ratings for Micron Technology
or view top-rated stocks.

What stocks does MarketBeat like better than Micron Technology?

Wall Street analysts have given Micron Technology a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Micron Technology wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Micron Technology's next earnings date?

Micron Technology is scheduled to release its next quarterly earnings announcement on Monday, July 5th 2021.
View our earnings forecast for Micron Technology
.

How were Micron Technology's earnings last quarter?

Micron Technology, Inc. (NASDAQ:MU) issued its quarterly earnings data on Tuesday, March, 30th. The semiconductor manufacturer reported $0.98 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.95 by $0.03. Micron Technology had a net margin of 13.59% and a trailing twelve-month return on equity of 8.46%. During the same period in the previous year, the company earned $0.45 earnings per share.
View Micron Technology's earnings history
.

How has Micron Technology's stock price been impacted by Coronavirus (COVID-19)?

Micron Technology's stock was trading at $43.72 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, MU stock has increased by 93.8% and is now trading at $84.71.
View which stocks have been most impacted by COVID-19
.

What guidance has Micron Technology issued on next quarter's earnings?

Micron Technology issued an update on its third quarter 2021 After-Hours earnings guidance on Wednesday, March, 31st. The company provided earnings per share guidance of 1.55-1.69 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.32. The company issued revenue guidance of $6.9-7.3 billion, compared to the consensus revenue estimate of $6.79 billion.

What price target have analysts set for MU?

35 analysts have issued 1 year target prices for Micron Technology's shares. Their forecasts range from $51.00 to $150.00. On average, they expect Micron Technology's stock price to reach $107.88 in the next year. This suggests a possible upside of 27.4% from the stock's current price.
View analysts' price targets for Micron Technology
or view top-rated stocks among Wall Street analysts.

Who are Micron Technology's key executives?

Micron Technology's management team includes the following people:
  • Mr. Sanjay Mehrotra, CEO, Pres & Director (Age 62, Pay $5M) (LinkedIn Profile)
  • Mr. David A. Zinsner, Sr. VP & CFO (Age 52, Pay $1.57M) (LinkedIn Profile)
  • Mr. Manish H. Bhatia, Exec. VP of Global Operations (Age 49, Pay $2.21M) (LinkedIn Profile)
  • Dr. Scott J. DeBoer, Exec. VP of Technology & Products (Age 55, Pay $1.41M) (LinkedIn Profile)
  • Mr. Sumit Sadana, Exec. VP & Chief Bus. Officer (Age 52, Pay $1.86M) (LinkedIn Profile)
  • Mr. Scott R. Allen, Corp. VP & Chief Accounting Officer (Age 53) (LinkedIn Profile)
  • Mr. Trevor Stanley Schultz M.A. (ECON), Chief Information Officer & VP of Information Systems (Age 79)
  • Mr. Farhan Ahmad, Sr. Director of Investor Relations
  • Mr. Joel L. Poppen, Sr. VP of Legal Affairs, Gen. Counsel & Corp. Sec. (Age 57) (LinkedIn Profile)
  • Mr. Michael W. Bokan, Sr. VP of Worldwide Sales (Age 60)

What is Sanjay Mehrotra's approval rating as Micron Technology's CEO?

669 employees have rated Micron Technology CEO Sanjay Mehrotra on Glassdoor.com. Sanjay Mehrotra has an approval rating of 79% among Micron Technology's employees.

Who are some of Micron Technology's key competitors?

What other stocks do shareholders of Micron Technology own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Micron Technology investors own include NVIDIA (NVDA), Alibaba Group (BABA), General Electric (GE), (CGC), Advanced Micro Devices (AMD), CA (CA), Intel (INTC), Endologix (ELGX), Tesla (TSLA) and Bank of America (BAC).

What is Micron Technology's stock symbol?

Micron Technology trades on the NASDAQ under the ticker symbol "MU."

Who are Micron Technology's major shareholders?

Micron Technology's stock is owned by a variety of institutional and retail investors. Top institutional investors include DnB Asset Management AS (0.18%), New York State Teachers Retirement System (0.12%), Royal London Asset Management Ltd. (0.11%), Retirement Systems of Alabama (0.10%), Oregon Public Employees Retirement Fund (0.09%) and Atalanta Sosnoff Capital LLC (0.07%). Company insiders that own Micron Technology stock include April S Arnzen, David Zinsner, Joel L Poppen, Manish H Bhatia, Michael W Bokan, Patrick J Byrne, Paul Marosvari and Scott J Deboer.
View institutional ownership trends for Micron Technology
.

Which major investors are selling Micron Technology stock?

MU stock was sold by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC, New York State Teachers Retirement System, Gateway Investment Advisers LLC, Chevy Chase Trust Holdings Inc., Sentry Investment Management LLC, Hexavest Inc., Royal London Asset Management Ltd., and Crossmark Global Holdings Inc.. Company insiders that have sold Micron Technology company stock in the last year include April S Arnzen, David Zinsner, Joel L Poppen, Manish H Bhatia, Paul Marosvari, and Scott J Deboer.
View insider buying and selling activity for Micron Technology
or view top insider-selling stocks.

Which major investors are buying Micron Technology stock?

MU stock was purchased by a variety of institutional investors in the last quarter, including DnB Asset Management AS, Atalanta Sosnoff Capital LLC, CHURCHILL MANAGEMENT Corp, Retirement Systems of Alabama, Centre Asset Management LLC, Everence Capital Management Inc., Roman Butler Fullerton & Co., and Vanguard Capital Wealth Advisors.
View insider buying and selling activity for Micron Technology
or or view top insider-buying stocks.

How do I buy shares of Micron Technology?

Shares of MU can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Micron Technology's stock price today?

One share of MU stock can currently be purchased for approximately $84.71.

How much money does Micron Technology make?

Micron Technology has a market capitalization of $95.00 billion and generates $21.44 billion in revenue each year. The semiconductor manufacturer earns $2.69 billion in net income (profit) each year or $2.55 on an earnings per share basis.

How many employees does Micron Technology have?

Micron Technology employs 40,000 workers across the globe.

Does Micron Technology have any subsidiaries?

The following companies are subsidiares of Micron Technology: Convey Computer, DisplayTech, Elpida Memory, Fwdnxt, IM Flash, Inotera, Lexar, Micron Asia Pacific LLC, Micron International LLC, Micron Memory Japan G.K., Micron Memory Taiwan Co. Ltd., Micron Semiconductor (Xi’an) Co. Ltd., Micron Semiconductor Asia LLC, Micron Semiconductor Asia Operations Pte. Ltd., Micron Semiconductor Asia Pte. Ltd., Micron Semiconductor Products Inc., Micron Semiconductor Taiwan Co. Ltd., Micron Technology B.V., Micron Technology Finance LLC, Micron Technology Taiwan Inc., Micron Technology Utah LLC, NetFRAME Systems, Numonyx, Photobit Corp., Pico Computing, Rendition Inc., Rexchip Electronics, TiDAL Systems, and VirtenSys.

When was Micron Technology founded?

Micron Technology was founded in 1978.

What is Micron Technology's official website?

The official website for Micron Technology is www.micron.com.

Where are Micron Technology's headquarters?

Micron Technology is headquartered at 8000 S FEDERAL WAY, BOISE ID, 83716.

How can I contact Micron Technology?

Micron Technology's mailing address is 8000 S FEDERAL WAY, BOISE ID, 83716. The semiconductor manufacturer can be reached via phone at 208-368-4000 or via email at [email protected]


This page was last updated on 4/22/2021 by MarketBeat.com Staff
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