Micron Technology Stock Forecast, Price & News

35 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Micron Technology in the last twelve months. There are currently 1 sell rating, 6 hold ratings, 27 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.

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Micron Technology is scheduled to release its next quarterly earnings announcement on Wednesday, March 24th 2021.
View our earnings forecast for Micron Technology.

Micron Technology, Inc. (NASDAQ:MU) released its quarterly earnings data on Wednesday, January, 6th. The semiconductor manufacturer reported $0.78 EPS for the quarter, beating the consensus estimate of $0.71 by $0.07. The semiconductor manufacturer had revenue of $5.77 billion for the quarter, compared to analyst estimates of $5.66 billion. Micron Technology had a net margin of 13.59% and a trailing twelve-month return on equity of 8.46%. The business's revenue for the quarter was up 12.2% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.48 EPS.
View Micron Technology's earnings history.

Micron Technology's stock was trading at $43.72 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, MU shares have increased by 101.6% and is now trading at $88.12.
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Micron Technology issued an update on its second quarter earnings guidance on Thursday, January, 7th. The company provided earnings per share guidance of $0.68-$0.82 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.64. The company issued revenue guidance of $5.6-$6.0 billion, compared to the consensus revenue estimate of $5.52 billion.

35 brokerages have issued twelve-month target prices for Micron Technology's stock. Their forecasts range from $35.00 to $140.00. On average, they anticipate Micron Technology's stock price to reach $89.09 in the next year. This suggests a possible upside of 1.1% 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), Microchip Technology (MCHP), Marvell Technology Group (MRVL), Xilinx (XLNX), Skyworks Solutions (SWKS), Maxim Integrated Products (MXIM), Monolithic Power Systems (MPWR), Cree (CREE), First Solar (FSLR), Silicon Laboratories (SLAB) and Lattice Semiconductor (LSCC).
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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 variety of institutional and retail investors. Top institutional shareholders include Primecap Management Co. CA (4.34%), Sanders Capital LLC (2.98%), Price T Rowe Associates Inc. MD (2.60%), Bank of New York Mellon Corp (1.20%), Parnassus Investments CA (1.12%) and Northern Trust Corp (1.05%). 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.

MU stock was sold by a variety of institutional investors in the last quarter, including Price T Rowe Associates Inc. MD, Primecap Management Co. CA, AJO LP, Manning & Napier Group LLC, Boston Partners, DNB Asset Management AS, Parnassus Investments CA, and Pendal Group Limited. 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.

MU stock was purchased by a variety of institutional investors in the last quarter, including Sanders Capital LLC, Morgan Stanley, Renaissance Technologies LLC, Amundi Pioneer Asset Management Inc., Strs Ohio, MARSHALL WACE ASIA Ltd, Wedge Capital Management L L P NC, and Nuveen Asset Management 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 $88.12.

Micron Technology has a market capitalization of $98.58 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 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]