S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
Closing prices for crude oil, gold and other commodities
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
Closing prices for crude oil, gold and other commodities
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
Closing prices for crude oil, gold and other commodities
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
Closing prices for crude oil, gold and other commodities

Micron Technology (MU) Stock Forecast & Price Target

$106.77
-5.16 (-4.61%)
(As of 04/19/2024 ET)

Micron Technology Consensus Analyst Rating and Stock Price Forecast (2024)

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 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 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.

Analysts' Consensus Rating

Moderate Buy
Based on 26 Analyst Ratings

Analysts' Consensus Price Target

$122.20
14.45% Upside
High Forecast$150.00
Average Forecast$122.20
Low Forecast$80.00
TypeCurrent Forecast
4/21/23 to 4/20/24
1 Month Ago
3/22/23 to 3/21/24
3 Months Ago
1/21/23 to 1/21/24
1 Year Ago
4/21/22 to 4/21/23
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
24 Buy rating(s)
25 Buy rating(s)
21 Buy rating(s)
24 Buy rating(s)
Hold
1 Hold rating(s)
1 Hold rating(s)
2 Hold rating(s)
5 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
2 Sell rating(s)
Consensus Price Target$122.20$118.69$94.74$69.59
Predicted Upside14.45% Upside26.35% Upside21.21% Upside22.73% Upside
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MU Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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MU Price Targets 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.
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Micron Technology Stock vs. The Competition

TypeMicron TechnologyComputer and Technology CompaniesS&P 500
Consensus Rating Score
2.88
2.58
2.49
Consensus RatingModerate BuyModerate BuyHold
Predicted Upside14.45% Upside115.20% Upside11.91% Upside
News Sentiment RatingPositive News
Neutral News
Positive News

Recent Analyst Ratings and Stock Forecasts

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
4/12/2024Stifel Nicolaus
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 Reiterated RatingBuy ➝ Buy$140.00+13.21%
4/8/2024Cantor Fitzgerald
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C. Muse
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Boost TargetOverweight ➝ Overweight$135.00 ➝ $150.00+21.96%
4/8/2024KeyCorp
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 Boost TargetOverweight ➝ Overweight$135.00 ➝ $150.00+17.86%
4/4/2024Citigroup
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 Reiterated RatingBuy ➝ Buy$150.00+17.62%
4/1/2024Bank of America
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 Boost TargetBuy ➝ Buy$120.00 ➝ $144.00+14.39%
3/21/2024Piper Sandler
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 Boost TargetOverweight ➝ Overweight$95.00 ➝ $130.00+16.48%
3/21/2024Morgan Stanley
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 Boost TargetUnderweight ➝ Underweight$78.00 ➝ $98.00-12.34%
3/21/2024Wedbush
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 Boost TargetOutperform ➝ Outperform$103.00 ➝ $130.00+18.16%
3/21/2024TD Cowen
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 Boost TargetOutperform ➝ Outperform$120.00 ➝ $150.00+35.83%
3/21/2024Mizuho
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 Boost TargetBuy ➝ Buy$105.00 ➝ $124.00+10.71%
3/21/2024Wells Fargo & Company
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 Boost TargetOverweight ➝ Overweight$125.00 ➝ $135.00+20.54%
3/21/2024Fox Advisors
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 UpgradeEqual Weight ➝ Overweight
3/21/2024JPMorgan Chase & Co.
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 Boost TargetOverweight ➝ Overweight$105.00 ➝ $130.00+35.06%
3/21/2024Needham & Company LLC
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 Boost TargetBuy ➝ Buy$100.00 ➝ $120.00+24.68%
3/21/2024Argus
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 UpgradeHold ➝ Buy$140.00+45.45%
3/19/2024UBS Group
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 Boost TargetBuy ➝ Buy$95.00 ➝ $120.00+27.96%
3/19/2024Robert W. Baird
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 Boost TargetNeutral ➝ Neutral$78.00 ➝ $115.00+22.63%
3/18/2024Rosenblatt Securities
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 Reiterated RatingBuy ➝ Buy$140.00+48.59%
3/18/2024Barclays
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 Boost TargetOverweight ➝ Overweight$95.00 ➝ $120.00+25.81%
1/19/2024Raymond James
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 Boost TargetOutperform ➝ Outperform$90.00 ➝ $100.00+16.28%
12/21/2023Evercore ISI
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 Boost TargetOutperform ➝ Outperform$90.00 ➝ $100.00+18.89%
12/21/2023The Goldman Sachs Group
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 Boost TargetBuy ➝ Buy$85.00 ➝ $97.00+23.27%
12/21/2023Deutsche Bank Aktiengesellschaft
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 Boost TargetBuy ➝ Buy$85.00 ➝ $90.00+14.37%
12/18/2023BMO Capital Markets
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 Boost TargetOutperform ➝ Outperform$80.00 ➝ $90.00+10.85%
12/18/2023Susquehanna
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 Boost TargetPositive ➝ Positive$90.00 ➝ $112.00+37.58%
7/19/2023Wolfe Research
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 Initiated CoverageOutperform$80.00+23.15%
6/29/2023VNET Group
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 Reiterated RatingMaintains
6/29/202322nd Century Group
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 Reiterated RatingMaintains

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 03:11 AM ET.

MU Price Target - Frequently Asked Questions

What is Micron Technology's consensus rating and price target?

According to the issued ratings of 26 analysts in the last year, the consensus rating for Micron Technology stock is Moderate Buy based on the current 1 sell rating, 1 hold rating and 24 buy ratings for MU. The average twelve-month price prediction for Micron Technology is $122.20 with a high price target of $150.00 and a low price target of $80.00. Learn more on MU's analyst rating history.

Do Wall Street analysts like Micron Technology more than its competitors?

Analysts like Micron Technology more than other Computer and Technology companies. The consensus rating score for Micron Technology is 2.88 while the average consensus rating score for computer and technology companies is 2.58. Learn more on how MU compares to other companies.

Is Micron Technology being upgraded by Wall Street analysts?

Over the previous 90 days, Micron Technology's stock had 3 upgrades by analysts.

Does Micron Technology's stock price have much upside?

According to analysts, Micron Technology's stock has a predicted upside of 21.42% based on their 12-month stock forecasts.


Stock Ratings Reports and Tools

This page (NASDAQ:MU) was last updated on 4/20/2024 by MarketBeat.com Staff

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