Micron Technology Stock Forecast, Price & News

34 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Micron Technology in the last year. There are currently 5 hold ratings, 28 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, June 30th 2021.
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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.

Micron Technology, Inc. (NASDAQ:MU) released its earnings results on Tuesday, March, 30th. The semiconductor manufacturer reported $0.98 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.95 by $0.03. The semiconductor manufacturer earned $6.24 billion during the quarter, compared to analysts' expectations of $6.23 billion. Micron Technology had a trailing twelve-month return on equity of 9.81% and a net margin of 13.60%. During the same period in the previous year, the company posted $0.45 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. Since then, MU stock has increased by 84.4% and is now trading at $80.64.
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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 earnings per share 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.

34 brokers have issued 1-year target prices for Micron Technology's shares. 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 twelve months. This suggests a possible upside of 33.2% 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), Marvell Technology (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 many different institutional and retail investors. Top institutional shareholders 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.

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.

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..
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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 $80.64.

Micron Technology has a market capitalization of $90.43 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]