Micron Technology Stock Forecast, Price & News

30 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Micron Technology in the last year. There are currently 5 hold ratings, 24 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" Micron Technology stock.
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Micron Technology is scheduled to release its next quarterly earnings announcement on Tuesday, October 5th 2021.
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Micron Technology, Inc. (NASDAQ:MU) issued its quarterly earnings results on Tuesday, June, 29th. The semiconductor manufacturer reported $1.88 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $1.71 by $0.17. The semiconductor manufacturer earned $7.42 billion during the quarter, compared to analyst estimates of $7.26 billion. Micron Technology had a net margin of 16.20% and a trailing twelve-month return on equity of 12.60%. The business's quarterly revenue was up 36.5% on a year-over-year basis. During the same quarter last year, the company posted $0.82 EPS.
View Micron Technology's earnings history.

Micron Technology's stock was trading at $43.72 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, MU stock has increased by 77.3% and is now trading at $77.53.
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Micron Technology issued an update on its fourth quarter 2021 earnings guidance on Wednesday, July, 28th. The company provided earnings per share (EPS) guidance of $2.200-$2.400 for the period, compared to the Thomson Reuters consensus estimate of $2.180. The company issued revenue guidance of $8 billion-$8.40 billion, compared to the consensus revenue estimate of $7.86 billion.

30 equities research analysts have issued 12 month price objectives for Micron Technology's stock. Their forecasts range from $67.00 to $150.00. On average, they anticipate Micron Technology's share price to reach $114.31 in the next twelve months. This suggests a possible upside of 47.4% from the stock's current price.
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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.

Some companies that are related to Micron Technology include NVIDIA (NVDA), Intel (INTC), Broadcom (AVGO), Texas Instruments (TXN), Analog Devices (ADI), Marvell Technology (MRVL), Microchip Technology (MCHP), Xilinx (XLNX), Skyworks Solutions (SWKS), Maxim Integrated Products (MXIM), Monolithic Power Systems (MPWR), Cree (CREE), First Solar (FSLR), Lattice Semiconductor (LSCC) and Silicon Laboratories (SLAB).
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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).

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

Micron Technology's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Manning & Napier Group LLC (0.12%), Oregon Public Employees Retirement Fund (0.07%), TCW Group Inc. (0.04%), State of Alaska Department of Revenue (0.03%), Kornitzer Capital Management Inc. KS (0.03%) and Deroy & Devereaux Private Investment Counsel Inc. (0.02%). Company insiders that own Micron Technology stock include April S Arnzen, April S Arnzen, David Zinsner, Joel L Poppen, Joel L Poppen, Manish H Bhatia, Michael W Bokan, Patrick J Byrne, Paul Marosvari, Scott J Deboer and Sumit Sadana.
View institutional ownership trends for Micron Technology.

MU stock was sold by a variety of institutional investors in the last quarter, including Aptus Capital Advisors LLC, Oregon Public Employees Retirement Fund, DAVENPORT & Co LLC, Deroy & Devereaux Private Investment Counsel Inc., Focused Wealth Management Inc, Mondrian Investment Partners LTD, Vanguard Capital Wealth Advisors, and Harel Insurance Investments & Financial Services Ltd.. 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, Scott J Deboer, and Sumit Sadana.
View insider buying and selling activity for Micron Technology or view top insider-selling stocks.

MU stock was acquired by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Mizuho Markets Cayman LP, Transform Wealth LLC, Kornitzer Capital Management Inc. KS, IFM Investors Pty Ltd, Symmetry Investments LP, TCW Group Inc., and Brookstone Capital Management.
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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.
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One share of MU stock can currently be purchased for approximately $77.53.

Micron Technology has a market capitalization of $87.28 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.

Micron Technology employs 40,000 workers across the globe.

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.

Micron Technology was founded in 1978.

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

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

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]