Micron Technology Stock Forecast, Price & News

34 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Micron Technology in the last twelve months. There are currently 1 sell rating, 5 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.
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Micron Technology is scheduled to release its next quarterly earnings announcement on Wednesday, March 31st 2021.
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Micron Technology will be holding an earnings conference call on Wednesday, March 31st at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Micron Technology, Inc. (NASDAQ:MU) announced its quarterly earnings data on Wednesday, January, 6th. The semiconductor manufacturer reported $0.78 EPS for the quarter, topping 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 trailing twelve-month return on equity of 8.46% and a net margin of 13.59%. The company's quarterly revenue was up 12.2% on a year-over-year basis. During the same period in the previous year, the business posted $0.48 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 (WHO). Since then, MU stock has increased by 94.5% and is now trading at $85.05.
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Micron Technology updated its second quarter 2021 IntraDay earnings guidance on Wednesday, March, 3rd. The company provided earnings per share (EPS) guidance of 0.93-0.98 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.12. The company issued revenue guidance of $6.2-6.25 billion, compared to the consensus revenue estimate of $6.46 billion.

34 brokers have issued twelve-month target prices for Micron Technology's shares. Their forecasts range from $35.00 to $140.00. On average, they expect Micron Technology's share price to reach $95.41 in the next year. This suggests a possible upside of 12.2% 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), Xilinx (XLNX), Marvell Technology Group (MRVL), 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 Norges Bank (1.08%). 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.
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MU stock was bought by a variety of institutional investors in the last quarter, including Norges Bank, Sanders Capital LLC, Morgan Stanley, Renaissance Technologies LLC, Amundi Pioneer Asset Management Inc., Strs Ohio, MARSHALL WACE ASIA Ltd, and Wedge Capital Management L L P NC.
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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 $85.05.

Micron Technology has a market capitalization of $95.14 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]