NASDAQ:MU

Micron Technology Stock Forecast, Price & News

$76.95
-3.69 (-4.58 %)
(As of 06/18/2021 12:00 AM ET)
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Today's Range
$76.13
$79.28
50-Day Range
$76.80
$95.59
52-Week Range
$42.25
$96.96
Volume39.88 million shs
Average Volume19.81 million shs
Market Capitalization$86.29 billion
P/E Ratio27.29
Dividend YieldN/A
Beta1.25
30 days | 90 days | 365 days | Advanced Chart
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Micron Technology logo

About Micron Technology

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 offers memory and storage technologies, including DRAM, NAND, NOR, and 3D XPoint memory under the Micron and Crucial brands, as well as through private labels. The company provides 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 wafer forms for the removable storage markets, as well as 3D XPoint memory products; 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.

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MarketRank

Overall MarketRank

2.67 out of 5 stars

Computer And Technology Sector

8th out of 1,586 stocks

Semiconductors & Related Devices Industry

3rd out of 151 stocks

Analyst Opinion: 4.4Community Rank: 3.5Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 3.8 5 -4 -3 -2 -1 -
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Micron Technology (NASDAQ:MU) Frequently Asked Questions

Is Micron Technology a buy right now?

34 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Micron Technology in the last twelve months. There are currently 6 hold ratings, 27 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.
View analyst ratings for Micron Technology
or view top-rated stocks.

What stocks does MarketBeat like better than Micron Technology?

Wall Street analysts have given Micron Technology a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Micron Technology wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Micron Technology's next earnings date?

Micron Technology is scheduled to release its next quarterly earnings announcement on Wednesday, June 30th 2021.
View our earnings forecast for Micron Technology
.

How can I listen to Micron Technology's earnings call?

Micron Technology will be holding an earnings conference call on Wednesday, June 30th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Micron Technology's earnings last quarter?

Micron Technology, Inc. (NASDAQ:MU) issued its quarterly earnings data on Tuesday, March, 30th. The semiconductor manufacturer reported $0.98 EPS for the quarter, topping the Zacks' consensus estimate of $0.95 by $0.03. The semiconductor manufacturer had revenue of $6.24 billion for the quarter, compared to analysts' expectations of $6.23 billion. Micron Technology had a net margin of 13.60% and a trailing twelve-month return on equity of 9.81%. During the same period in the previous year, the company posted $0.45 earnings per share.
View Micron Technology's earnings history
.

How has Micron Technology's stock been impacted by COVID-19?

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 76.0% and is now trading at $76.95.
View which stocks have been most impacted by COVID-19
.

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

Micron Technology issued an update on its third quarter 2021 earnings guidance on Tuesday, April, 27th. The company provided EPS guidance of 1.550-1.690 for the period, compared to the Thomson Reuters consensus estimate of $1.320. The company issued revenue guidance of $6.90 billion-$7.30 billion, compared to the consensus revenue estimate of $6.79 billion.

What price target have analysts set for MU?

34 equities research analysts have issued twelve-month price objectives for Micron Technology's stock. Their forecasts range from $51.00 to $150.00. On average, they expect Micron Technology's stock price to reach $107.42 in the next year. This suggests a possible upside of 39.6% from the stock's current price.
View analysts' price targets for Micron Technology
or view top-rated stocks among Wall Street analysts.

Who are Micron Technology's key executives?

Micron Technology's management team includes the following people:
  • Mr. Sanjay Mehrotra, CEO, Pres & Director (Age 62, Pay $5M)
  • Mr. David A. Zinsner, Sr. VP & CFO (Age 52, Pay $1.57M)
  • Mr. Manish H. Bhatia, Exec. VP of Global Operations (Age 49, Pay $2.21M)
  • Dr. Scott J. DeBoer, Exec. VP of Technology & Products (Age 55, Pay $1.41M)
  • Mr. Sumit Sadana, Exec. VP & Chief Bus. Officer (Age 52, Pay $1.86M) (LinkedIn Profile)
  • Mr. Scott R. Allen, Corp. VP & Chief Accounting Officer (Age 53)
  • Mr. Trevor Stanley Schultz M.A. (ECON), Chief Information Officer & VP of Information Systems (Age 79)
  • Mr. Farhan Ahmad, Sr. Director of Investor Relations
  • Mr. Joel L. Poppen, Sr. VP of Legal Affairs, Gen. Counsel & Corp. Sec. (Age 57)
  • Mr. Michael W. Bokan, Sr. VP of Worldwide Sales (Age 60)

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

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.

Who are some of Micron Technology's key competitors?

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), (CGC), 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 a variety of retail and institutional investors. Top institutional investors include Primecap Management Co. CA (4.05%), Sanders Capital LLC (3.00%), Capital International Investors (1.71%), Price T Rowe Associates Inc. MD (1.61%), Geode Capital Management LLC (1.60%) and Arrowstreet Capital Limited Partnership (1.31%). 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, Scott J Deboer and Sumit Sadana.
View institutional ownership trends for Micron Technology
.

Which institutional investors are selling Micron Technology stock?

MU stock was sold by a variety of institutional investors in the last quarter, including Price T Rowe Associates Inc. MD, Matrix Capital Management Company LP, Primecap Management Co. CA, Arrowstreet Capital Limited Partnership, Parnassus Investments CA, Morgan Stanley, Ameriprise Financial Inc., and Manning & Napier Group 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, Paul Marosvari, Scott J Deboer, and Sumit Sadana.
View insider buying and selling activity for Micron Technology
or view top insider-selling stocks.

Which institutional investors are buying Micron Technology stock?

MU stock was purchased by a variety of institutional investors in the last quarter, including Polar Capital Holdings Plc, DnB Asset Management AS, UBS Asset Management Americas Inc., Aspex Management HK Ltd, Crake Asset Management LLP, DekaBank Deutsche Girozentrale, Federated Hermes Inc., and Menora Mivtachim Holdings LTD..
View insider buying and selling activity for Micron Technology
or or view top insider-buying stocks.

How do I buy shares of Micron Technology?

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.
Compare Top Brokerages Here.

What is Micron Technology's stock price today?

One share of MU stock can currently be purchased for approximately $76.95.

How much money does Micron Technology make?

Micron Technology has a market capitalization of $86.29 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.

How many employees does Micron Technology have?

Micron Technology employs 40,000 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 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.

When was Micron Technology founded?

Micron Technology was founded in 1978.

What is Micron Technology's official website?

The official website for Micron Technology is www.micron.com.

Where are Micron Technology's headquarters?

Micron Technology is headquartered at 8000 S FEDERAL WAY, BOISE ID, 83716.

How can I contact Micron Technology?

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]


This page was last updated on 6/19/2021 by MarketBeat.com Staff
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