Micron Technology Stock Forecast, Price & News

30 Wall Street equities 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 equities research analysts is that investors should "buy" Micron Technology stock.
View analyst ratings for Micron Technology or view top-rated stocks.

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

Micron Technology, Inc. (NASDAQ:MU) issued its quarterly earnings results on Tuesday, June, 29th. The semiconductor manufacturer reported $1.88 earnings per share for the quarter, topping analysts' consensus estimates of $1.71 by $0.17. The semiconductor manufacturer had revenue of $7.42 billion for the quarter, compared to analysts' expectations 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 revenue was up 36.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.82 EPS.
View Micron Technology's earnings history.

Micron Technology's stock was trading at $43.72 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, MU stock has increased by 74.5% and is now trading at $76.30.
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Micron Technology updated its fourth quarter 2021 earnings guidance on Wednesday, July, 21st. The company provided earnings per share guidance of $2.200-$2.400 for the period, compared to the Thomson Reuters consensus EPS 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 brokers have issued 12 month target prices for Micron Technology's shares. Their forecasts range from $67.00 to $150.00. On average, they anticipate Micron Technology's stock price to reach $114.31 in the next year. This suggests a possible upside of 49.8% 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 retail and institutional investors. Top institutional investors 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%), IFM Investors Pty Ltd (0.01%) and Hodges Capital Management Inc. (0.01%). 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 Oregon Public Employees Retirement Fund, Focused Wealth Management Inc, Harel Insurance Investments & Financial Services Ltd., Compagnie Lombard Odier SCmA, Gradient Investments LLC, and Golden Green 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, Scott J Deboer, and Sumit Sadana.
View insider buying and selling activity for Micron Technology or view top insider-selling stocks.

MU stock was bought by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Transform Wealth LLC, IFM Investors Pty Ltd, TCW Group Inc., Brookstone Capital Management, CHICAGO TRUST Co NA, Westwood Management Corp IL, and HBW Advisory Services LLC.
View insider buying and selling activity for Micron Technology or or view top insider-buying stocks.

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 $76.30.

Micron Technology has a market capitalization of $85.90 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]