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Micron Technology Price Target & Analyst Ratings (NASDAQ:MU)

+0.91 (+1.94 %)
(As of 11/18/2019 08:56 AM ET)
Today's Range
Now: $47.71
50-Day Range
MA: $45.80
52-Week Range
Now: $47.71
Volume17.71 million shs
Average Volume16.84 million shs
Market Capitalization$52.82 billion
P/E Ratio7.76
Dividend YieldN/A

Analyst Ratings

Micron Technology (NASDAQ:MU) Price Target and Consensus Rating

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
35 Wall Street analysts have issued ratings and price targets for Micron Technology in the last 12 months. Their average twelve-month price target is $53.46, suggesting that the stock has a possible upside of 12.06%. The high price target for MU is $90.00 and the low price target for MU is $30.00. There are currently 3 sell ratings, 10 hold ratings and 22 buy ratings for the stock, resulting in a consensus rating of "Buy."
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: BuyBuyHoldHold
Consensus Rating Score: 2.542.542.472.47
Ratings Breakdown: 3 Sell Rating(s)
10 Hold Rating(s)
22 Buy Rating(s)
0 Strong Buy Rating(s)
3 Sell Rating(s)
10 Hold Rating(s)
22 Buy Rating(s)
0 Strong Buy Rating(s)
3 Sell Rating(s)
11 Hold Rating(s)
18 Buy Rating(s)
0 Strong Buy Rating(s)
4 Sell Rating(s)
10 Hold Rating(s)
20 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: $53.46$53.36$48.27$54.44
Price Target Upside: 12.06% upside17.42% upside3.10% upside63.45% upside

Micron Technology (NASDAQ:MU) Consensus Price Target History

Average Share Price and Price Target by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Micron Technology (NASDAQ:MU) Analyst Ratings History

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
11/11/2019MizuhoReiterated RatingBuy$50.00 ➝ $53.00Low
10/15/2019Longbow ResearchReiterated RatingBuyLow
9/30/2019Raymond JamesReiterated RatingHoldMedium
9/27/2019Rosenblatt SecuritiesSet Price TargetBuy$80.00Medium
9/27/2019Susquehanna BancsharesSet Price TargetHold$45.00Medium
9/27/2019BarclaysSet Price TargetBuy$50.00Medium
9/27/2019Sanford C. BernsteinSet Price TargetBuy$65.00Medium
9/27/2019Needham & Company LLCBoost Price TargetBuy$60.00Low
9/27/2019CitigroupBoost Price TargetSell$30.00 ➝ $35.00High
9/27/2019Robert W. BairdBoost Price TargetUnderperform$28.00 ➝ $30.00High
9/27/2019NomuraBoost Price TargetNeutral$32.00 ➝ $40.00High
9/27/2019WedbushBoost Price TargetNeutral$30.00 ➝ $44.00High
9/27/2019KeyCorpBoost Price TargetOverweight ➝ Overweight$58.00 ➝ $59.00High
9/26/2019Bank of AmericaSet Price TargetBuy$60.00Medium
9/25/2019CowenBoost Price TargetMarket Perform$38.00 ➝ $46.00High
9/25/2019BMO Capital MarketsBoost Price TargetOutperform$50.00 ➝ $60.00High
9/23/2019Morgan StanleyReiterated RatingHold$48.00High
9/23/2019Deutsche BankSet Price TargetBuy$55.00High
9/23/2019Credit Suisse GroupSet Price TargetBuy$90.00High
9/20/2019JPMorgan Chase & Co.Boost Price TargetOverweight$50.00 ➝ $65.00High
9/18/2019Cleveland ResearchReiterated RatingHoldLow
9/18/2019Goldman Sachs GroupBoost Price TargetBuy ➝ Buy$56.00 ➝ $59.00Low
9/17/2019Cascend SecuritiesReiterated RatingBuy$55.00 ➝ $65.00Medium
9/11/2019Wells Fargo & CoBoost Price TargetOutperform$50.00 ➝ $60.00Low
8/21/2019Royal Bank of CanadaSet Price TargetBuy$55.00N/A
6/26/2019Piper Jaffray CompaniesLower Price TargetNeutral$40.00 ➝ $36.00High
5/31/2019Stifel NicolausLower Price TargetBuy$60.00 ➝ $54.00Low
3/21/2019Summit RedstoneUpgradeBuyMedium
3/21/2019MKM PartnersBoost Price TargetBuy$50.00High
3/21/2019Summit InsightsUpgradeHold ➝ BuyHigh
3/21/2019UBS GroupBoost Price TargetNeutral$41.00High
3/18/2019Standpoint ResearchUpgradeHold ➝ BuyMedium
3/15/2019Cross ResearchDowngradeBuy ➝ HoldHigh
12/20/2018MacquarieReiterated RatingBuyMedium
9/21/2018Evercore ISILower Price TargetOutperform$80.00Medium
6/22/2018BenchmarkInitiated CoverageBuy$80.00High
3/26/2018ArgusBoost Price TargetBuy ➝ Buy$55.00 ➝ $75.00Low
12/20/2017Loop CapitalBoost Price TargetBuy$56.00High
(Data available from 11/18/2017 forward)
This page was last updated on 11/18/2019 by MarketBeat.com Staff

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