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 twelve months. 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.
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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 EPS for the quarter, topping the Thomson Reuters' consensus estimate 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 trailing twelve-month return on equity of 12.60% and a net margin of 16.20%. The firm's quarterly revenue was up 36.5% compared to the same quarter last year. During the same quarter last year, the business earned $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 (WHO). Since then, MU shares have increased by 83.4% and is now trading at $80.18.
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Micron Technology announced a quarterly dividend on Monday, August 2nd. Shareholders of record on Friday, October 1st will be paid a dividend of $0.10 per share on Monday, October 18th. This represents a $0.40 dividend on an annualized basis and a yield of 0.50%. The ex-dividend date is Thursday, September 30th.
View Micron Technology's dividend history.

Micron Technology issued an update on its fourth quarter 2021 earnings guidance on Wednesday, July, 28th. The company provided EPS guidance of $2.200-$2.400 for the period, compared to the Thomson Reuters consensus earnings per share 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 twelve-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 twelve months. This suggests a possible upside of 42.6% 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 many different retail and institutional investors. Top institutional investors include Sumitomo Mitsui Trust Holdings Inc. (0.35%), Russell Investments Group Ltd. (0.31%), New York State Common Retirement Fund (0.22%), Alliancebernstein L.P. (0.16%), Victory Capital Management Inc. (0.15%) and Manning & Napier Group LLC (0.12%). 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, 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 Victory Capital Management Inc., Alliancebernstein L.P., Sumitomo Mitsui Trust Holdings Inc., Aptus Capital Advisors LLC, Oregon Public Employees Retirement Fund, DAVENPORT & Co LLC, Handelsbanken Fonder AB, and Zweig DiMenna Associates LLC. 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, Scott J Deboer, and Sumit Sadana.
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 Russell Investments Group Ltd., Cutler Group LP, NZS Capital LLC, Yong Rong HK Asset Management Ltd, State of Alaska Department of Revenue, Migdal Insurance & Financial Holdings Ltd., Mizuho Markets Cayman LP, and New York State Common Retirement Fund.
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 $80.18.

Micron Technology has a market capitalization of $90.26 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]