Micron Technology Stock Forecast, Price & News

35 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Micron Technology in the last year. There are currently 1 sell rating, 5 hold ratings, 28 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 Monday, July 5th 2021.
View our earnings forecast for Micron Technology.

Micron Technology, Inc. (NASDAQ:MU) released its quarterly earnings results on Tuesday, March, 30th. The semiconductor manufacturer reported $0.98 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.95 by $0.03. Micron Technology had a net margin of 13.59% and a trailing twelve-month return on equity of 8.46%. During the same period in the previous year, the business earned $0.45 EPS.
View Micron Technology's earnings history.

Micron Technology's stock was trading at $43.72 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, MU shares have increased by 107.4% and is now trading at $90.66.
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Micron Technology updated its third quarter 2021 After-Hours earnings guidance on Wednesday, March, 31st. The company provided earnings per share guidance of 1.55-1.69 for the period, compared to the Thomson Reuters consensus estimate of $1.32. The company issued revenue guidance of $6.9-7.3 billion, compared to the consensus revenue estimate of $6.79 billion.

35 analysts have issued 12-month price targets for Micron Technology's stock. Their forecasts range from $51.00 to $150.00. On average, they anticipate Micron Technology's share price to reach $107.88 in the next twelve months. This suggests a possible upside of 19.0% 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), 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 a variety of institutional and retail investors. Top institutional shareholders include DnB Asset Management AS (0.18%), Royal London Asset Management Ltd. (0.11%), Retirement Systems of Alabama (0.10%), Wedge Capital Management L L P NC (0.06%), Gateway Investment Advisers LLC (0.04%) and Private Asset Management Inc. (0.03%). 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 Wedge Capital Management L L P NC, Gateway Investment Advisers LLC, Hexavest Inc., Royal London Asset Management Ltd., Crossmark Global Holdings Inc., Arvest Bank Trust Division, Clear Harbor Asset Management LLC, and Pacer Advisors Inc.. 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 bought by a variety of institutional investors in the last quarter, including DnB Asset Management AS, CHURCHILL MANAGEMENT Corp, Retirement Systems of Alabama, Centre Asset Management LLC, Everence Capital Management Inc., Vanguard Capital Wealth Advisors, Systematic Alpha Investments LLC, and A. D. Beadell Investment Counsel Inc..
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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 $90.66.

Micron Technology has a market capitalization of $101.67 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]