Micron Technology (MU) Stock Forecast, Price & News

Micron Technology (NASDAQ:MU) Frequently Asked Questions

Is Micron Technology a buy right now?

26 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Micron Technology in the last twelve months. There are currently 3 hold ratings, 22 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.

Are investors shorting Micron Technology?

Micron Technology saw a increase in short interest in the month of April. As of April 30th, there was short interest totaling 25,780,000 shares, an increase of 21.3% from the April 15th total of 21,250,000 shares. Based on an average daily volume of 23,000,000 shares, the days-to-cover ratio is presently 1.1 days. Currently, 2.3% of the shares of the stock are sold short.
View Micron Technology's Short Interest.

When is Micron Technology's next earnings date?

Micron Technology is scheduled to release its next quarterly earnings announcement on Wednesday, June 29th 2022.
View our earnings forecast for Micron Technology.

How were Micron Technology's earnings last quarter?

Micron Technology, Inc. (NASDAQ:MU) announced its quarterly earnings results on Tuesday, March, 29th. The semiconductor manufacturer reported $2.05 EPS for the quarter, beating the consensus estimate of $1.85 by $0.20. The semiconductor manufacturer earned $7.79 billion during the quarter, compared to the consensus estimate of $7.53 billion. Micron Technology had a net margin of 28.95% and a trailing twelve-month return on equity of 21.15%. Micron Technology's quarterly revenue was up 25.6% compared to the same quarter last year. During the same quarter last year, the company earned $0.90 EPS.
View Micron Technology's earnings history.

How often does Micron Technology pay dividends? What is the dividend yield for Micron Technology?

Micron Technology announced a quarterly dividend on Tuesday, March 29th. Shareholders of record on Monday, April 11th will be paid a dividend of $0.10 per share on Tuesday, April 26th. This represents a $0.40 annualized dividend and a yield of 0.58%. The ex-dividend date is Friday, April 8th.
View Micron Technology's dividend history.

Is Micron Technology a good dividend stock?

Micron Technology pays an annual dividend of $0.40 per share and currently has a dividend yield of 0.54%. Micron Technology does not yet have a strong track record of dividend growth. The dividend payout ratio of Micron Technology is 5.03%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Micron Technology will have a dividend payout ratio of 3.56% next year. This indicates that Micron Technology will be able to sustain or increase its dividend.
View Micron Technology's dividend history.

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

Micron Technology issued an update on its third quarter 2022 earnings guidance on Tuesday, April, 26th. The company provided earnings per share (EPS) guidance of $2.360-$2.560 for the period, compared to the consensus estimate of $2.210. The company issued revenue guidance of $8.50 billion-$8.90 billion, compared to the consensus revenue estimate of $8.06 billion.

What price target have analysts set for MU?

26 brokerages have issued 12 month target prices for Micron Technology's stock. Their forecasts range from $70.00 to $165.00. On average, they expect Micron Technology's stock price to reach $113.88 in the next year. This suggests a possible upside of 64.1% 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 63, Pay $6.82M) (LinkedIn Profile)
• Mr. Manish H. Bhatia, Exec. VP of Global Operations (Age 50, Pay $2.55M) (LinkedIn Profile)
• Dr. Scott J. DeBoer, Exec. VP of Technology & Products (Age 56, Pay $1.67M)
• Mr. Sumit Sadana, Exec. VP & Chief Bus. Officer (Age 53, Pay $2.22M) (LinkedIn Profile)
• Mr. Mark J. Murphy, Exec. VP & CFO (Age 54)
• Mr. Scott R. Allen, Corp. VP & Chief Accounting Officer (Age 54)
• Mr. Trevor Stanley Schultz M.A. (ECON), Chief Information Officer & VP of Information Systems (Age 80)
• Mr. Farhan Ahmad, Sr. Director of Investor Relations
• Mr. Rob Beard, Sr. VP, Gen. Counsel & Corp. Sec.
• Ms. Courtney C. Geduldig J.D., Corp. VP of Public Affairs (Age 46)

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?

Some companies that are related to Micron Technology include NVIDIA (NVDA), Broadcom (AVGO), Intel (INTC), Texas Instruments (TXN), Analog Devices (ADI), Marvell Technology (MRVL), Microchip Technology (MCHP), Monolithic Power Systems (MPWR), Skyworks Solutions (SWKS), First Solar (FSLR), Lattice Semiconductor (LSCC), Silicon Laboratories (SLAB), Power Integrations (POWI), Cirrus Logic (CRUS) and Altair Engineering (ALTR).
View all of MU's 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 shareholders include Vanguard Group Inc. (8.11%), State Street Corp (4.17%), Primecap Management Co. CA (3.66%), Capital World Investors (3.16%), Capital Research Global Investors (2.97%) and Capital International Investors (2.08%). 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, Paul Marosvari, Robert P Beard, Sanjay Mehrotra, Scott J Deboer and Sumit Sadana.
View institutional ownership trends for Micron Technology.

Which institutional investors are selling Micron Technology stock?

MU stock was sold by a variety of institutional investors in the last quarter, including UBS Group AG, SG Americas Securities LLC, Goldman Sachs Group Inc., Capitolis Advisors LLC, Canada Pension Plan Investment Board, Royal Bank of Canada, Nomura Holdings Inc., and DNB Asset Management AS. 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, Michael W Bokan, Robert P Beard, Sanjay Mehrotra, Scott J Deboer, and Sumit Sadana.
View insider buying and selling activity for Micron Technology or view top insider-selling stocks.

Which institutional investors are buying Micron Technology stock?

MU stock was purchased by a variety of institutional investors in the last quarter, including Capital World Investors, Capital Research Global Investors, Los Angeles Capital Management LLC, Jane Street Group LLC, Parnassus Investments LLC, Capital International Investors, Vanguard Group Inc., and Prudential Financial Inc..
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.
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What is Micron Technology's stock price today?

One share of MU stock can currently be purchased for approximately $69.40.

How much money does Micron Technology make?

Micron Technology has a market capitalization of $77.50 billion and generates $27.71 billion in revenue each year. The semiconductor manufacturer earns $5.86 billion in net income (profit) each year or $7.95 on an earnings per share basis.

How many employees does Micron Technology have?

Micron Technology employs 43,000 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 Europe Limited, Micron International LLC, Micron Japan Ltd., Micron Memory Japan G.K., Micron Memory Malaysia SD, 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 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.

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, via email at [email protected], or via fax at 208-368-4435.