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AMD   98.22 (-0.05%)
MU   61.80 (+0.29%)
T   18.34 (-0.43%)
CGC   3.94 (-2.96%)
F   16.05 (+0.12%)
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PYPL   98.88 (-0.54%)
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QQQ   328.74 (+0.08%)
AAPL   173.91 (-0.37%)
NIO   20.11 (+0.15%)
AMD   98.22 (-0.05%)
MU   61.80 (+0.29%)
T   18.34 (-0.43%)
CGC   3.94 (-2.96%)
F   16.05 (+0.12%)
AMC   21.61 (+1.17%)
PYPL   98.88 (-0.54%)
NFLX   241.90 (+0.31%)
QQQ   328.74 (+0.08%)
AAPL   173.91 (-0.37%)
NIO   20.11 (+0.15%)
AMD   98.22 (-0.05%)
MU   61.80 (+0.29%)
T   18.34 (-0.43%)
CGC   3.94 (-2.96%)
F   16.05 (+0.12%)
AMC   21.61 (+1.17%)
PYPL   98.88 (-0.54%)
NFLX   241.90 (+0.31%)
QQQ   328.74 (+0.08%)
AAPL   173.91 (-0.37%)
NIO   20.11 (+0.15%)
AMD   98.22 (-0.05%)
MU   61.80 (+0.29%)
T   18.34 (-0.43%)
CGC   3.94 (-2.96%)
F   16.05 (+0.12%)
AMC   21.61 (+1.17%)
PYPL   98.88 (-0.54%)
NFLX   241.90 (+0.31%)

Micron Technology - MU Stock Forecast, Price & News

+0.18 (+0.29%)
(As of 08/18/2022 09:14 AM ET)
Today's Range
50-Day Range
52-Week Range
427 shs
Average Volume
14.69 million shs
Market Capitalization
$68.17 billion
P/E Ratio
Dividend Yield
Price Target

Micron Technology MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.74 Rating Score
40.4% Upside
$86.54 Price Target
Short Interest
3.19% of Float Sold Short
Dividend Strength
Based on Four Factors
Upright™ Environmental Score
News Sentiment
-0.18mentions of Micron Technology in the last 14 days
Based on 21 Articles This Week
Insider Trading
Proj. Earnings Growth
From $8.00 to $5.14 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.86 out of 5 stars

Computer And Technology Sector

78th out of 667 stocks

Semiconductors & Related Devices Industry

16th out of 97 stocks

MU stock logo

About Micron Technology (NASDAQ:MU) Stock

Micron Technology, Inc. designs, manufactures, and sells memory and storage products worldwide. The company operates through four segments: Compute and Networking Business Unit, Mobile Business Unit, Storage Business Unit, and Embedded Business Unit. It provides memory and storage technologies comprises DRAM products, which are dynamic random access memory semiconductor devices with low latency that provide high-speed data retrieval; NAND products that are non-volatile and re-writeable semiconductor storage devices; and NOR memory products, which are non-volatile re-writable semiconductor memory devices that provide fast read speeds under the Micron and Crucial brands, as well as through private labels. The company offers memory products for the cloud server, enterprise, client, graphics, and networking markets, as well as for smartphone and other mobile-device markets; SSDs and component-level solutions for the enterprise and cloud, client, and consumer storage markets; other discrete storage products in component and wafers; and memory and storage products for the automotive, industrial, and consumer markets. It markets its products through its direct sales force, independent sales representatives, distributors, and retailers; and web-based customer direct sales channel, as well as through channel and distribution partners. Micron Technology, Inc. was founded in 1978 and is headquartered in Boise, Idaho.

Analyst Ratings Changes

MU has been the topic of several research analyst reports. Needham & Company LLC cut their target price on shares of Micron Technology from $80.00 to $64.00 and set a "buy" rating on the stock in a research note on Friday, July 1st. Cowen cut their price target on shares of Micron Technology from $90.00 to $70.00 and set an "outperform" rating for the company in a research report on Friday, July 1st. Mizuho decreased their price target on shares of Micron Technology from $84.00 to $75.00 and set a "buy" rating for the company in a research note on Wednesday, August 10th. Piper Sandler decreased their target price on Micron Technology from $70.00 to $50.00 and set an "underweight" rating for the company in a research report on Thursday, June 30th. Finally, Bank of America cut shares of Micron Technology from a "buy" rating to a "neutral" rating and decreased their target price for the stock from $70.00 to $62.00 in a research note on Friday, July 1st. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and twenty-three have given a buy rating to the company. According to MarketBeat, Micron Technology presently has an average rating of "Moderate Buy" and a consensus price target of $86.54.

Micron Technology Price Performance

Shares of NASDAQ:MU opened at $61.62 on Thursday. The firm has a market cap of $67.98 billion, a price-to-earnings ratio of 7.03, a price-to-earnings-growth ratio of 0.60 and a beta of 1.28. Micron Technology has a 1-year low of $51.40 and a 1-year high of $98.45. The company has a current ratio of 3.24, a quick ratio of 2.44 and a debt-to-equity ratio of 0.14. The stock has a fifty day simple moving average of $59.93 and a two-hundred day simple moving average of $71.03.

Micron Technology (NASDAQ:MU - Get Rating) last issued its quarterly earnings results on Thursday, June 30th. The semiconductor manufacturer reported $2.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.33 by $0.17. The firm had revenue of $8.64 billion during the quarter, compared to analyst estimates of $8.66 billion. Micron Technology had a return on equity of 21.91% and a net margin of 30.61%. The company's revenue was up 16.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.81 earnings per share. Analysts anticipate that Micron Technology will post 8 earnings per share for the current year.

Micron Technology Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, July 26th. Investors of record on Monday, July 11th were paid a dividend of $0.115 per share. This is a boost from Micron Technology's previous quarterly dividend of $0.10. The ex-dividend date was Friday, July 8th. This represents a $0.46 dividend on an annualized basis and a dividend yield of 0.75%. Micron Technology's payout ratio is 5.25%.

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MU Stock News Headlines

Why Micron Stock Could Be About To Breakout 
It’s been a rollercoaster of a summer for Micron (NASDAQ: MU), who’ve had to watch their shares fall 30% and then rally 30% in the past two months alone.
Skyworks Solutions Is Worth A Look At These Prices  (MU)
Skyworks Solutions is an often overlooked name in the semiconductor industry but it's one that income investors should have on their watchlist.
Asian stocks fall ahead of US inflation
Asian stocks have followed Wall Street lower ahead of U.S. inflation data traders worry will show upward pressure on prices still is too strong for the Federal Reserve to ease off interest rate hikes
Micron, Novavax fall; Qualys, Nielsen Holdings rise
Stocks that traded heavily or had substantial price changes Tuesday: Micron, Novavax fall; Qualys, Nielsen Holdings rise
Diversified onsemi Is Outperforming The Semiconductor Index  (MU)
onsemi is outperforming the semiconductor industry and will continue to do so as its refocusing strategy gains momentum and drives results.
MarketBeat: Week in Review 7/25 – 7/29 (MU)
The markets are rallying as big tech earnings are lifting investors' spirits. Here are some of the stocks our analysts were looking at this week.
The One Question You Have to Ask Before Investing in INTC Stock (MU)
Intel had a disastrous earnings report but may have some fundamental strength. However, before diving into INTC stock, investors should ask one question.
Three (3) Undervalued Dividend-Paying Tech Stocks  (MU)
While Samsung’s results may not spark a major reversal in the chip industry they, and other signs within the market, suggest a bottom is in play and it’s one for dividend investors to take advantage of. The chip stocks are undervalued and pay safe, if not always large dividends.
Micron Technology (NASDAQ:MU) PT Lowered to $75.00
Say Goodbye to Micron's Fat Profits
Analysts Set Micron Technology, Inc. (NASDAQ:MU) PT at $87.15
Micron Technology (NASDAQ:MU) PT Lowered to $68.00
Cheap Stocks: Values or Traps?
What 30 Analyst Ratings Have To Say About Micron Technology
Micron Warning Rattles Chip Stocks
See More Headlines
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MU Company Calendar

Last Earnings
Ex-Dividend for 7/26 Dividend
Dividend Payable
Fiscal Year End
Next Earnings (Estimated)

Industry, Sector and Symbol

Semiconductors & related devices
Year Founded

Price Target and Rating

Average Stock Price Forecast
High Stock Price Forecast
Low Stock Price Forecast
Forecasted Upside/Downside
Consensus Rating
Moderate Buy
Rating Score (0-4)
Research Coverage
27 Analysts


Net Income
$5.86 billion
Pretax Margin


Sales & Book Value

Annual Sales
$27.71 billion
Cash Flow
$11.10 per share
Book Value
$39.03 per share


Outstanding Shares
Free Float
Market Cap
$68.17 billion

Social Links

MU Stock - Frequently Asked Questions

Should I buy or sell Micron Technology stock right now?

27 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Micron Technology in the last twelve months. There are currently 2 sell ratings, 3 hold ratings and 22 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" MU shares.
View MU analyst ratings
or view top-rated stocks.

What is Micron Technology's stock price forecast for 2022?

27 equities research analysts have issued 12 month price targets for Micron Technology's shares. Their MU share price forecasts range from $50.00 to $135.00. On average, they predict the company's share price to reach $86.54 in the next year. This suggests a possible upside of 40.4% from the stock's current price.
View analysts price targets for MU
or view top-rated stocks among Wall Street analysts.

How have MU shares performed in 2022?

Micron Technology's stock was trading at $93.15 at the start of the year. Since then, MU shares have decreased by 33.8% and is now trading at $61.62.
View the best growth stocks for 2022 here

When is Micron Technology's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, September 27th 2022.
View our MU earnings forecast

How were Micron Technology's earnings last quarter?

Micron Technology, Inc. (NASDAQ:MU) released its quarterly earnings results on Thursday, June, 30th. The semiconductor manufacturer reported $2.50 EPS for the quarter, topping the consensus estimate of $2.33 by $0.17. The semiconductor manufacturer had revenue of $8.64 billion for the quarter, compared to the consensus estimate of $8.66 billion. Micron Technology had a trailing twelve-month return on equity of 21.91% and a net margin of 30.61%. The firm's quarterly revenue was up 16.4% on a year-over-year basis. During the same period in the previous year, the business posted $1.81 earnings per share.
Read the conference call transcript

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

Micron Technology announced a quarterly dividend on Thursday, June 30th. Stockholders of record on Monday, July 11th will be paid a dividend of $0.115 per share on Tuesday, July 26th. This represents a $0.46 dividend on an annualized basis and a yield of 0.75%. The ex-dividend date of this dividend is Friday, July 8th. This is an increase from the stock's previous quarterly dividend of $0.10.
Read our dividend analysis for MU

Is Micron Technology a good dividend stock?

Micron Technology (NASDAQ:MU) pays an annual dividend of $0.46 per share and currently has a dividend yield of 0.72%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 5.25%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MU will have a dividend payout ratio of 8.95% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for MU.

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

Micron Technology issued an update on its fourth quarter 2022 earnings guidance on Tuesday, August, 16th. The company provided EPS guidance of for the period. The company issued revenue guidance of -$6.80 billion, compared to the consensus revenue estimate of $7.23 billion.

What is Sanjay Mehrotra's approval rating as Micron Technology's CEO?

669 employees have rated Micron Technology Chief Executive Officer Sanjay Mehrotra on Glassdoor.com. Sanjay Mehrotra has an approval rating of 79% among the company's employees.

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), 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 many different institutional and retail investors. Top institutional shareholders include State Street Corp (4.11%), Primecap Management Co. CA (3.66%), Northern Trust Corp (1.03%), FMR LLC (0.98%), UBS Asset Management Americas Inc. (0.80%) and Parnassus Investments LLC (0.70%). Insiders that own company 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, Robert P Beard, Sanjay Mehrotra, Scott J Deboer and Sumit Sadana.
View institutional ownership trends

How do I buy shares of Micron Technology?

Shares of MU stock 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.
Compare Top Brokerages Here.

What is Micron Technology's stock price today?

One share of MU stock can currently be purchased for approximately $61.62.

How much money does Micron Technology make?

Micron Technology (NASDAQ:MU) has a market capitalization of $67.98 billion and generates $27.71 billion in revenue each year. The semiconductor manufacturer earns $5.86 billion in net income (profit) each year or $8.77 on an earnings per share basis.

How many employees does Micron Technology have?

The company 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.
Read More
When was Micron Technology founded?

Micron Technology was founded in 1978.

How can I contact Micron Technology?

Micron Technology's mailing address is 8000 S FEDERAL WAY, BOISE ID, 83716. The official website for the company is www.micron.com. The semiconductor manufacturer can be reached via phone at (208) 368-4000, via email at investorrelations@micron.com, or via fax at 208-368-4435.

This page (NASDAQ:MU) was last updated on 8/18/2022 by MarketBeat.com Staff

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