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Micron (MU) Stock Forecast, Price Target & Predictions

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MU Stock Forecast

Micron stock forecast is as follows: an average price target of $138.18 (represents a 53.33% upside from MU’s last price of $90.12) and a rating consensus of 'Buy', based on 31 wall street analysts offering a 1-year stock forecast.

MU Price Target

The average price target for Micron (MU) is $138.18 based on 1-year price targets from 31 Wall Street analysts in the past 3 months, with a price target range of $185.00 to $57.00. This represents a potential 53.33% upside from MU's last price of $90.12.

MU Analyst Ratings

Buy

According to 31 Wall Street analysts, Micron's rating consensus is 'Buy'. The analyst rating breakdown for MU stock is 0 'Strong Buy' (0.00%), 26 'Buy' (83.87%), 5 'Hold' (16.13%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Micron Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 14, 2024Vivek AryaBank of America Securities$125.00$107.8515.90%38.70%
Sep 27, 2024Mark LiBernstein$140.00$107.5030.23%55.35%
Sep 26, 2024Joseph MooreMorgan Stanley$57.00$54.943.75%-36.75%
Sep 26, 2024Matt BrysonWedbush$70.00$54.9427.41%-22.33%
Sep 26, 2024Hans MosesmannRosenblatt Securities$125.00$54.94127.52%38.70%
Sep 26, 2024Mehdi HosseiniSusquehanna$165.00$95.7772.29%83.09%
Sep 24, 2024Aaron RakersWells Fargo$175.00$94.2485.70%94.19%
Sep 23, 2024Angelo ZinoCFRA$140.00$93.5749.62%55.35%
Sep 19, 2024Brian ChinStifel Nicolaus$135.00$89.4350.96%49.80%
Sep 17, 2024Christopher DanelyCitigroup$150.00$87.1872.06%66.44%
Sep 11, 2024Srini PajjuriRaymond James$125.00$87.4043.02%38.70%
Aug 27, 2024Jordan KleinMizuho Securities$90.00$97.10-7.31%-0.13%
Aug 26, 2024Quinn BoltonNeedham$140.00$101.0938.49%55.35%
Aug 06, 2024John VinhKeyBanc$145.00$90.4260.36%60.90%
Jul 12, 2024Vivek AryaNew Street$170.00$134.2026.68%88.64%
Jun 27, 2024Jim KelleherArgus Research$170.00$134.1926.69%88.64%
Jun 27, 2024Angelo ZinoCFRA$170.00$136.2324.79%88.64%
Jun 27, 2024Harsh KumarPiper Sandler$150.00$136.2610.08%66.44%
Jun 27, 2024Quinn BoltonNeedham$150.00$135.9010.38%66.44%
Jun 27, 2024Timothy ArcuriUBS$153.00$131.9715.94%69.77%
Jun 27, 2024Toshiya HariGoldman Sachs$158.00$136.0316.15%75.32%
Jun 27, 2024John VinhKeyBanc$160.00$132.2321.00%77.54%
Jun 24, 2024Tristan GerraRobert W. Baird$172.00$140.1822.70%90.86%
Jun 21, 2024Chris CasoWolfe Research$100.00$70.9340.98%10.96%
Jun 20, 2024Aaron RakersWells Fargo$190.00$153.4523.82%110.83%
Jun 18, 2024Steven FoxUS Capital Advisors$185.00$153.4520.56%105.28%
Jun 18, 2024Brian ChinStifel Nicolaus$165.00$147.8311.61%83.09%
Jun 17, 2024Mehdi HosseiniSusquehanna$185.00$143.3129.09%105.28%
Jun 10, 2024Timothy ArcuriUBS$155.00$134.3415.37%71.99%
May 31, 2024Vijay RakeshMizuho Securities$155.00$126.2922.73%71.99%
May 20, 2024Joseph MooreMorgan Stanley$130.00$125.293.76%44.25%
May 17, 2024Vijay RakeshMizuho Securities$150.00$127.8917.29%66.44%
May 13, 2024Tom O'MalleyBarclays$145.00$121.2419.60%60.90%
May 06, 2024Tristan GerraRobert W. Baird$150.00$114.6930.79%66.44%
Apr 08, 2024John VinhLoop Capital Markets$150.00$122.9222.03%66.44%
Apr 08, 2024John VinhKeyBanc$150.00$124.8520.14%66.44%
Mar 25, 2024Vijay RakeshMizuho Securities$130.00$117.1310.99%44.25%
Mar 21, 2024Vijay RakeshMizuho Securities$124.00$112.0610.66%37.59%
Mar 21, 2024Matt BrysonWedbush$130.00$112.0616.01%44.25%
Mar 21, 2024Jim KelleherArgus Research$140.00$109.8527.45%55.35%
Mar 21, 2024Hans MosesmannRosenblatt Securities$112.50$54.93104.81%24.83%
Mar 21, 2024Harsh KumarPiper Sandler$130.00$109.8518.34%44.25%
Mar 21, 2024Brian ChinStifel Nicolaus$140.00$109.8527.45%55.35%
Mar 21, 2024Aaron RakersWells Fargo$135.00$109.8522.89%49.80%
Mar 21, 2024Joseph MooreMorgan Stanley$98.00$109.85-10.79%8.74%
Mar 21, 2024Toshiya HariGoldman Sachs$122.00$109.8511.06%35.38%
Mar 21, 2024John VinhKeyBanc$135.00$109.8522.89%49.80%
Mar 19, 2024Angelo ZinoCFRA$110.00$94.0017.02%22.06%
Mar 19, 2024Timothy ArcuriUBS$120.00$94.0027.66%33.16%
Mar 19, 2024Brian ChinStifel Nicolaus$120.00$94.0027.66%33.16%
Mar 19, 2024Tristan GerraRobert W. Baird$115.00$94.0022.34%27.61%
Mar 13, 2024Chris CasoWolfe Research$120.00$94.1627.44%33.16%
Mar 12, 2024Matt BrysonWedbush$103.00$96.976.22%14.29%
Feb 21, 2024Vijay RakeshMizuho Securities$100.00$80.5824.11%10.96%
Dec 21, 2023Hans MosesmannRosenblatt Securities$140.00$84.1066.47%55.35%
Dec 20, 2023Timothy ArcuriUBS$90.00$81.0811.01%-0.13%
Sep 28, 2023Joseph MooreMorgan Stanley$58.50$65.78-11.07%-35.09%
Sep 28, 2023Joseph MooreMorgan Stanley$58.00$65.20-11.04%-35.64%
Sep 28, 2023Quinn BoltonNeedham$75.00$65.2015.03%-16.78%
Sep 28, 2023Brian ChinStifel Nicolaus$65.00$65.20-0.31%-27.87%
Sep 28, 2023Vijay RakeshMizuho Securities$82.00$65.2025.77%-9.01%
Sep 21, 2023Matt BrysonWedbush$80.00$68.5016.79%-11.23%
Jun 29, 2023Srini PajjuriRaymond James$76.00$65.1316.69%-15.67%
May 23, 2023Vijay RakeshMizuho Securities$72.00$66.298.61%-20.11%
Apr 10, 2023John VinhMizuho Securities$70.00$63.2710.64%-22.33%
Mar 29, 2023Joseph MooreMorgan Stanley$46.00$62.94-26.91%-48.96%
Mar 29, 2023Mark LiBernstein$80.00$62.9427.11%-11.23%
Mar 29, 2023Srini PajjuriRaymond James$70.00$62.9411.22%-22.33%
Mar 29, 2023Rajvindra GillNeedham$70.00$62.9411.22%-22.33%
Dec 22, 2022UBS$70.00$49.4341.61%-22.33%
Dec 21, 2022Rajvindra GillNeedham$67.00$50.6832.20%-25.65%
Dec 21, 2022Timothy ArcuriUBS$75.00$50.6847.99%-16.78%
Dec 21, 2022Sidney HoDeutsche Bank$55.00$50.688.52%-38.97%
Dec 07, 2022Wells Fargo$70.00$53.4930.87%-22.33%
Nov 17, 2022Jason GetzMizuho Securities$52.00$58.74-11.47%-42.30%
Nov 16, 2022Credit Suisse$78.00$63.1023.61%-13.45%
Sep 30, 2022Rajvindra GillNeedham$60.00$51.1417.32%-33.42%
Sep 30, 2022Ambrish SrivastavaLoop Capital Markets$70.00$51.1436.88%-22.33%
Sep 30, 2022Brian ChinStifel Nicolaus$58.00$51.5012.62%-35.64%
Sep 30, 2022Deutsche Bank$60.00$51.2217.15%-33.42%
Sep 30, 2022Morgan Stanley$49.00$50.78-3.50%-45.63%
Sep 30, 2022BMO Capital$70.00$51.3936.22%-22.33%
Sep 30, 2022Stifel Nicolaus$54.00$51.464.94%-40.08%
Sep 30, 2022Needham$60.00$50.0119.98%-33.42%
Sep 30, 2022Joseph MooreMorgan Stanley$49.00$51.15-4.19%-45.63%
Sep 29, 2022Harsh KumarPiper Sandler$45.00$50.01-10.02%-50.07%
Sep 27, 2022J.P. Morgan$65.00$49.6330.96%-27.87%
Sep 26, 2022Wedbush$65.00$48.8832.98%-27.87%
Sep 26, 2022Evercore ISI$70.00$48.8843.21%-22.33%
Sep 26, 2022Mehdi HosseiniSusquehanna$60.00$50.1019.76%-33.42%
Sep 23, 2022Goldman Sachs$63.00$49.6226.96%-30.09%
Sep 21, 2022Aaron RakersWells Fargo$75.00$50.8047.64%-16.78%
Sep 21, 2022Vijay RakeshMizuho Securities$56.00$50.8010.24%-37.86%
Sep 19, 2022BMO Capital$80.00$52.8551.37%-11.23%
Aug 10, 2022Christopher DanelyCitigroup$75.00$61.4022.15%-16.78%
Aug 10, 2022Deutsche Bank$68.00$61.1511.20%-24.55%
Aug 10, 2022Mizuho Securities$75.00$59.8125.40%-16.78%
Aug 10, 2022Citigroup$75.00$59.9025.21%-16.78%
Jul 22, 2022Joseph MooreMorgan Stanley$56.00$63.64-12.01%-37.86%
Jul 05, 2022Timothy ArcuriUBS$50.00$26.8386.36%-44.52%
Jul 01, 2022Rajvindra GilNeedham$64.00$53.6519.29%-28.98%
Jul 01, 2022Hans MosesmannRosenblatt Securities$100.00$53.6586.39%10.96%
Jul 01, 2022Vijay RakeshMizuho Securities$84.00$53.6556.57%-6.79%
Jul 01, 2022Ambrish SrivastavaLoop Capital Markets$85.00$53.6558.43%-5.68%
Jul 01, 2022Citigroup$80.00$53.6749.06%-11.23%
Jul 01, 2022Wells Fargo$90.00$52.0872.81%-0.13%
Jul 01, 2022Cowen & Co.$70.00$55.2826.63%-22.33%
Jul 01, 2022Robert W. Baird$60.00$55.288.54%-33.42%
Jul 01, 2022Wedbush$85.00$55.2853.76%-5.68%
Jul 01, 2022Deutsche Bank$70.00$55.2826.63%-22.33%
Jul 01, 2022J.P. Morgan$80.00$55.2844.72%-11.23%
Jul 01, 2022Goldman Sachs$75.00$55.2835.67%-16.78%
Jul 01, 2022UBS$90.00$55.2862.81%-0.13%
Jul 01, 2022Raymond James$72.00$55.2830.25%-20.11%
Jul 01, 2022Piper Sandler$50.00$55.28-9.55%-44.52%
Jun 29, 2022Timothy ArcuriUBS$57.50$28.01105.28%-36.20%
Jun 29, 2022Hans MosesmannRosenblatt Securities$82.50$27.84196.34%-8.46%
Jun 28, 2022J.P. Morgan$96.00$59.8360.47%6.52%
Jun 28, 2022Tom O'MalleyBarclays$75.00$58.7827.59%-16.78%
Jun 27, 2022BMO Capital$85.00$59.2943.37%-5.68%
Jun 21, 2022Vijay RakeshMizuho Securities$95.00$56.9466.84%5.42%
Jun 20, 2022Harsh KumarPiper Sandler$70.00$55.7525.56%-22.33%
Jun 06, 2022Citigroup$100.00$69.9442.98%10.96%
May 16, 2022Rajvindra GillNeedham$130.00$70.9983.12%44.25%
May 12, 2022Vijay RakeshMizuho Securities$113.00$66.9668.76%25.39%
Apr 02, 2022Mehdi HosseiniCredit Suisse$130.00$76.1870.65%44.25%
Mar 29, 2022Tristan GerraRobert W. Baird$90.00$81.949.84%-0.13%
Mar 29, 2022Joseph MooreMorgan Stanley$83.00$81.941.29%-7.90%
Mar 28, 2022Harlan SurJ.P. Morgan$115.00$79.7544.20%27.61%
Mar 16, 2022Mark LiBernstein$94.00$79.5618.15%4.31%
Mar 12, 2022Toshiya HariGoldman Sachs$110.00$72.8251.06%22.06%
Feb 24, 2022Christopher DanelyCitigroup$120.00$88.7135.27%33.16%
Feb 14, 2022Matt BrysonWedbush$120.00$89.7433.72%33.16%
Jan 12, 2022Thomas O'MalleyBarclays$105.00$94.9810.55%16.51%
Jan 10, 2022Vivek AryaBank of America Securities$118.00$93.7625.85%30.94%
Jan 09, 2022Pierre FerraguNew Street$135.00$93.7643.98%49.80%
Dec 21, 2021Sidney HoDeutsche Bank$100.00$90.4610.55%10.96%
Dec 21, 2021Karl AckermanCowen & Co.$101.00$90.4611.65%12.07%
Dec 21, 2021Harsh KumarPiper Sandler$90.00$90.46-0.51%-0.13%
Sep 29, 2021John VinhKeyBanc$110.00$71.3754.13%22.06%

The latest Micron stock forecast, released on Oct 14, 2024 by Vivek Arya from Bank of America Securities, set a price target of $125.00, which represents a 15.90% increase from the stock price at the time of the forecast ($107.85), and a 38.70% increase from MU last price ($90.12).

Micron Price Target by Period

1M3M12M
# Anlaysts-956
Avg Price Target-$125.78$136.78
Last Closing Price$90.12$90.12$90.12
Upside/Downside-100.00%39.57%51.78%

In the current month, the average price target of Micron stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Micron's last price of $90.12. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Oct 14, 2024Bank of America SecuritiesBuyBuyHold
Oct 08, 2024Wells FargoBuyBuyHold
Oct 08, 2024WedbushUnderperformUnderperformHold
Oct 01, 2024Cantor FitzgeraldOverweightOverweightHold
Sep 27, 2024BernsteinOutperformOutperformHold
Sep 26, 2024WedbushOutperformOutperformHold
Sep 26, 2024Piper SandlerOverweightOverweightHold
Sep 26, 2024SusquehannaPositivePositiveHold
Sep 26, 2024Morgan StanleyEqual-WeightEqual-WeightHold
Sep 24, 2024UBSBuyBuyHold
Sep 24, 2024Wells FargoOverweightOverweightHold
Sep 23, 2024CFRABuyBuyHold
Sep 19, 2024Cowen & Co.BuyBuyHold
Sep 18, 2024Wells FargoUnderperformUnderperformHold
Sep 18, 2024Wolfe ResearchBuyBuyHold
Sep 17, 2024CitigroupBuyBuyHold
Sep 12, 2024Exane BNP ParibasOutperformUnderperformDowngrade
Sep 11, 2024Raymond JamesOutperformOutperformHold
Aug 26, 2024NeedhamBuyBuyHold
Aug 26, 2024NeedhamCautiousCautiousHold
Aug 22, 2024Wells FargoUnderperformUnderperformHold
Aug 22, 2024Wolfe ResearchBuyBuyHold
Aug 13, 2024CitigroupBuyBuyHold
Aug 06, 2024KeyBancOverweightOverweightHold
Jul 22, 2024CitigroupBuyBuyHold
Jun 27, 2024CFRABuyBuyHold
Jun 27, 2024Cowen & Co.BuyBuyHold
Jun 27, 2024KeyBancOverweightOverweightHold
Jun 27, 2024BarclaysOverweightOverweightHold
Jun 27, 2024Piper SandlerOverweightOverweightHold
Jun 27, 2024Bank of America SecuritiesBuyBuyHold
Jun 27, 2024Goldman SachsBuyBuyHold
Jun 24, 2024CitigroupBuyBuyHold
Jun 21, 2024NeedhamBuyBuyHold
Jun 21, 2024Wolfe ResearchOutperformOutperformHold
Jun 21, 2024Raymond JamesOutperformOutperformHold
Jun 20, 2024Wells FargoOverweightOverweightHold
Jun 18, 2024Fox AdvisorsOverweightOverweightHold
Jun 18, 2024Wells FargoBuyBuyHold
Jun 18, 2024WedbushUnderperformUnderperformHold
Jun 17, 2024SusquehannaPositivePositiveHold
Jun 17, 2024Cantor FitzgeraldOverweightOverweightHold
Jun 10, 2024UBSBuyBuyHold
May 21, 2024CitigroupBuyBuyHold
May 20, 2024Morgan StanleyUnderweightEqual-WeightUpgrade
May 17, 2024Wells FargoBuyBuyHold
May 13, 2024BarclaysOverweightOverweightHold
Apr 18, 2024Wells FargoOverweightOverweightHold
Apr 15, 2024Piper SandlerOverweightOverweightHold
Apr 08, 2024KeyBancOverweightOverweightHold
Apr 05, 2024CitigroupBuyBuyHold
Apr 01, 2024Bank of America SecuritiesBuyBuyHold
Mar 21, 2024Goldman SachsBuyBuyHold
Mar 21, 2024Fox AdvisorsOverweightUpgrade
Mar 19, 2024GuggenheimNeutralNeutralHold
Mar 18, 2024BarclaysOverweightOverweightHold
Mar 18, 2024Cantor FitzgeraldOverweightOverweightHold
Mar 15, 2024Cowen & Co.OutperformOutperformHold
Mar 15, 2024CitigroupBuyBuyHold
Mar 12, 2024WedbushOutperformOutperformHold
Mar 08, 2024Wells FargoOverweightOverweightHold
Mar 01, 2024Wells FargoBuyBuyHold
Mar 01, 2024WedbushUnderperformUnderperformHold
Jan 23, 2024Wells FargoBuyBuyHold
Dec 21, 2023Goldman SachsBuyBuyHold
Dec 21, 2023NeedhamBuyBuyHold
Dec 21, 2023Rosenblatt SecuritiesBuyBuyHold
Dec 21, 2023Mizuho SecuritiesBuyBuyHold
Dec 21, 2023Evercore ISIOutperformOutperformHold
Dec 21, 2023CitigroupOverweightOverweightHold
Dec 21, 2023BarclaysOverweightOverweightHold
Dec 21, 2023Deutsche BankBuyBuyHold
Dec 20, 2023UBSBuyBuyHold
Dec 20, 2023BMO CapitalOutperformOutperformHold
Dec 18, 2023SusquehannaPositivePositiveHold
Dec 15, 2023Bank of America SecuritiesNeutralBuyUpgrade
Nov 29, 2023Raymond JamesOutperformOutperformHold
Nov 29, 2023BarclaysOverweightOverweightHold
Sep 28, 2023Morgan StanleyUnderweightUnderweightHold
Sep 28, 2023Bank of America SecuritiesNeutralNeutralHold
Sep 28, 2023BMO CapitalOutperformOutperformHold
Sep 27, 2023CitigroupBuyBuyHold
Sep 27, 2023Evercore ISIOutperformOutperformHold
Sep 22, 2023Piper SandlerNeutralNeutralHold
Sep 22, 2023Goldman SachsBuyBuyHold
Sep 21, 2023WedbushOutperformOutperformHold
Sep 18, 2023Deutsche BankHoldBuyUpgrade
Jun 29, 2023BernsteinOutperformOutperformHold
Jun 29, 2023NeedhamBuyBuyHold
Jun 29, 2023Piper SandlerUnderweightNeutralUpgrade
Jun 27, 2023Raymond JamesOutperformOutperformHold
Mar 29, 2023Rosenblatt SecuritiesBuyBuyHold
Mar 29, 2023Raymond JamesOutperformOutperformHold
Mar 29, 2023KeyBancOverweightOverweightHold
Mar 29, 2023Morgan StanleyUnderweightUnderweightHold
Mar 29, 2023SusquehannaPositivePositiveHold
Mar 29, 2023NeedhamOverweightOverweightHold
Dec 30, 2022Argus ResearchHoldDowngrade
Dec 22, 2022Morgan StanleyUnderweightUnderweightHold
Dec 22, 2022BMO CapitalOutperformOutperformHold
Dec 22, 2022Credit SuisseNeutralNeutralHold
Dec 21, 2022CitigroupBuyBuyHold
Dec 21, 2022NeedhamBuyBuyHold
Dec 21, 2022UBSBuyBuyHold
Dec 12, 2022Deutsche BankNeutralHoldDowngrade
Dec 07, 2022Wells FargoOverweightOverweightHold
Nov 17, 2022UBSBuyBuyHold
Nov 16, 2022NeedhamBuyBuyHold
Oct 14, 2022Loop Capital MarketsBuyInitialise
Oct 05, 2022Morgan StanleyUnderweightOverweightUpgrade
Sep 30, 2022Rosenblatt SecuritiesBuyBuyHold
Sep 30, 2022NeedhamNeutralNeutralHold
Sep 30, 2022Morgan StanleyUnderweightUnderweightHold
Sep 30, 2022New StreetCautiousBuyUpgrade
Sep 30, 2022NeedhamBuyBuyHold
Sep 29, 2022Piper SandlerUnderweightUnderweightHold
Sep 29, 2022CitigroupNeutralNeutralHold
Sep 27, 2022UBSBuyBuyHold
Sep 26, 2022WedbushOutperformOutperformHold
Sep 26, 2022Evercore ISIOutperformOutperformHold
Sep 26, 2022SusquehannaPositivePositiveHold
Sep 23, 2022Exane BNP ParibasOutperformInitialise
Sep 23, 2022Goldman SachsBuyBuyHold
Sep 21, 2022BNP ParibasHoldInitialise
Sep 21, 2022Wells FargoOverweightBuyDowngrade
Sep 21, 2022Deutsche BankBuyNeutralDowngrade
Sep 21, 2022Wells FargoOverweightOverweightHold
Sep 19, 2022Deutsche BankBuyBuyHold
Sep 19, 2022BMO CapitalOutperformOutperformHold
Aug 10, 2022Deutsche BankBuyBuyHold
Aug 10, 2022CitigroupBuyBuyHold
Aug 09, 2022Raymond JamesStrong BuyStrong BuyDowngrade
Aug 09, 2022New StreetCautiousCautiousHold
Jul 22, 2022Morgan StanleyEqual-WeightUnderweightDowngrade
Jul 05, 2022UBSBuyBuyHold
Jul 01, 2022Mizuho SecuritiesBuyBuyHold
Jul 01, 2022Rosenblatt SecuritiesBuyBuyHold
Jul 01, 2022Wells FargoOverweightOverweightHold
Jul 01, 2022CitigroupBuyBuyHold
Jul 01, 2022Cowen & Co.OutperformOutperformHold
Jul 01, 2022NeedhamBuyBuyHold
Jul 01, 2022WedbushOutperformOutperformHold
Jul 01, 2022Deutsche BankBuyBuyHold
Jul 01, 2022Goldman SachsBuyBuyHold
Jul 01, 2022Raymond JamesStrong BuyStrong BuyHold
Jul 01, 2022Piper SandlerUnderweightUnderweightHold
Jun 28, 2022BarclaysOverweightOverweightHold
Jun 27, 2022BMO CapitalOutperformOutperformHold
Jun 21, 2022Morgan StanleyEqual-WeightEqual-WeightHold
Jun 13, 2022UBSBuyBuyHold
Jun 12, 2022Summit Insights GroupBuyDowngrade
Jun 06, 2022CitigroupNeutralNeutralHold
Jun 03, 2022Piper SandlerNeutralUnderweightDowngrade
May 16, 2022NeedhamBuyBuyHold
May 15, 2022Evercore ISIOutperformOutperformHold
May 13, 2022Goldman SachsBuyBuyHold
Apr 02, 2022Credit SuisseOutperformOutperformHold
Mar 20, 2022BernsteinOutperformMarket OutperformUpgrade
Mar 16, 2022BernsteinOutperformUpgrade
Mar 12, 2022Goldman SachsBuyBuyHold
Feb 20, 2022WedbushOutperformUpgrade
Jan 09, 2022New StreetBuyInitialise
Oct 01, 2021KeyBancOverweightOverweightHold
Jun 30, 2021BMO CapitalMarket OutperformUpgrade
Apr 05, 2021RBC CapitalOutperformOutperformHold
Nov 28, 2020Deutsche BankBuyBuyHold
Sep 15, 2020NeedhamBuyBuyHold
Sep 15, 2020Goldman SachsSellSellHold

Micron's last stock rating was published by Bank of America Securities on Oct 14, 2024. The company gave MU a "Buy" rating, the same as its previous rate.

Micron Financial Forecast

Micron Revenue Forecast

Aug 27May 27Mar 27Nov 26Aug 26May 26Mar 26Nov 25Aug 25May 25Mar 25Nov 24Aug 24May 24Feb 24Nov 23Aug 23May 23Mar 23Nov 22Aug 22May 22Mar 22Nov 21Aug 21May 21Mar 21Nov 20Aug 20May 20
Revenue--------------$5.82B$4.73B$4.01B-$3.69B---$7.79B---$6.24B--$5.44B
Avg Forecast$13.25B$12.87B$12.27B$12.09B$12.31B$11.84B$11.31B$11.26B$10.60B$9.63B$8.96B$8.70B$7.65B$6.67B$5.35B$4.58B$3.96B$3.65B$3.71B$6.30B$6.73B$8.64B$7.53B$7.68B$8.23B$7.23B$6.19B$5.66B$5.89B$5.27B
High Forecast$13.98B$13.58B$12.96B$12.76B$12.99B$12.50B$11.94B$11.88B$11.19B$10.16B$9.45B$8.72B$7.67B$6.67B$5.35B$4.63B$4.18B$3.85B$3.92B$7.56B$6.97B$8.95B$7.80B$7.95B$8.52B$7.49B$6.41B$5.87B$6.10B$5.46B
Low Forecast$12.36B$12.00B$11.45B$11.28B$11.48B$11.04B$10.55B$10.50B$9.89B$8.98B$8.42B$8.69B$7.63B$6.67B$5.35B$4.34B$3.69B$3.40B$3.46B$5.04B$6.47B$8.31B$7.24B$7.38B$7.91B$6.96B$5.95B$5.45B$5.66B$5.07B
# Analysts88813131313666151588816121313151177812881188
Surprise %--------------1.09%1.03%1.01%-0.99%---1.03%---1.01%--1.03%

Micron's average Quarter revenue forecast for May 24 based on 8 analysts is $6.67B, with a low forecast of $6.67B, and a high forecast of $6.67B. MU's average Quarter revenue forecast represents a 14.50% increase compared to the company's last Quarter revenue of $5.82B (Feb 24).

Micron EBITDA Forecast

Aug 27May 27Mar 27Nov 26Aug 26May 26Mar 26Nov 25Aug 25May 25Mar 25Nov 24Aug 24May 24Feb 24Nov 23Aug 23May 23Mar 23Nov 22Aug 22May 22Mar 22Nov 21Aug 21May 21Mar 21Nov 20Aug 20May 20
# Analysts88813131313666151588816121313151177812881188
EBITDA--------------$191.00M$-1.13B$612.00M-$-154.00M---$4.31B---$2.24B--$2.34B
Avg Forecast$5.19B$5.04B$4.80B$4.73B$4.82B$4.63B$4.43B$4.41B$4.15B$3.77B$3.51B$3.41B$2.99B$2.61B$2.42B$1.79B$1.55B$1.43B$2.20B$2.61B$2.67B$3.44B$2.00B$3.05B$3.27B$2.88B$1.82B$2.25B$2.34B$2.09B
High Forecast$5.47B$5.32B$5.07B$5.00B$5.09B$4.89B$4.67B$4.65B$4.38B$3.98B$3.70B$3.42B$3.00B$2.61B$2.91B$1.81B$1.63B$1.51B$2.64B$3.13B$2.77B$3.56B$2.40B$3.16B$3.39B$2.98B$2.19B$2.33B$2.42B$2.17B
Low Forecast$4.84B$4.70B$4.48B$4.42B$4.49B$4.32B$4.13B$4.11B$3.87B$3.52B$3.30B$3.40B$2.99B$2.61B$1.94B$1.70B$1.44B$1.33B$1.76B$2.08B$2.57B$3.30B$1.60B$2.93B$3.14B$2.77B$1.46B$2.16B$2.25B$2.01B
Surprise %--------------0.08%-0.63%0.40%--0.07%---2.15%---1.23%--1.12%

8 analysts predict MU's average Quarter EBITDA for May 24 to be $2.61B, with a high of $2.61B and a low of $2.61B. This is 1266.81% upper than Micron's previous annual EBITDA (Feb 24) of $191.00M.

Micron Net Income Forecast

Aug 27May 27Mar 27Nov 26Aug 26May 26Mar 26Nov 25Aug 25May 25Mar 25Nov 24Aug 24May 24Feb 24Nov 23Aug 23May 23Mar 23Nov 22Aug 22May 22Mar 22Nov 21Aug 21May 21Mar 21Nov 20Aug 20May 20
# Analysts88813131313666151588816121313151177812881188
Net Income--------------$793.00M$-1.23B$-1.43B-$-2.33B---$2.25B---$603.00M--$803.00M
Avg Forecast$4.66B$4.50B$4.14B$4.02B$3.92B$3.74B$3.55B$3.56B$3.14B$2.55B$2.16B$1.98B$1.26B$540.16M$534.47M$-1.13B$-1.29B$-1.81B$485.88M$875.84M$1.54B$2.75B$441.71M$2.36B$2.62B$1.93B$401.55M$769.78M$1.11B$841.58M
High Forecast$5.00B$4.83B$4.44B$4.31B$4.20B$4.01B$3.81B$3.82B$3.36B$2.73B$2.47B$2.00B$1.26B$540.24M$641.36M$-1.12B$-1.17B$-1.65B$583.05M$1.05B$1.60B$2.88B$530.05M$2.47B$2.75B$2.03B$481.86M$805.71M$1.16B$880.86M
Low Forecast$4.25B$4.11B$3.78B$3.67B$3.58B$3.41B$3.24B$3.25B$2.86B$2.32B$1.95B$1.97B$1.25B$540.08M$427.57M$-1.14B$-1.38B$-1.94B$388.70M$700.67M$1.49B$2.61B$353.37M$2.24B$2.49B$1.84B$321.24M$731.36M$1.05B$799.58M
Surprise %--------------1.48%1.09%1.11%--4.79%---5.10%---1.50%--0.95%

Micron's average Quarter net income forecast for May 24 is $540.16M, with a range of $540.08M to $540.24M. MU's average Quarter net income forecast represents a -31.88% decrease compared to the company's last Quarter net income of $793.00M (Feb 24).

Micron SG&A Forecast

Aug 27May 27Mar 27Nov 26Aug 26May 26Mar 26Nov 25Aug 25May 25Mar 25Nov 24Aug 24May 24Feb 24Nov 23Aug 23May 23Mar 23Nov 22Aug 22May 22Mar 22Nov 21Aug 21May 21Mar 21Nov 20Aug 20May 20
# Analysts88813131313666151588816121313151177812881188
SG&A--------------$280.00M$263.00M$219.00M-$231.00M---$263.00M---$214.00M--$216.00M
Avg Forecast$562.16M$546.05M$520.82M$513.17M$522.21M$502.45M$479.94M$477.64M$449.88M$408.62M$380.23M$369.37M$324.61M$283.00M$294.29M$194.42M$167.89M$154.89M$267.53M$233.41M$285.54M$366.76M$243.21M$325.80M$349.13M$307.04M$221.10M$240.31M$249.92M$223.66M
High Forecast$593.43M$576.42M$549.79M$541.71M$551.25M$530.39M$506.64M$504.21M$474.91M$431.35M$401.02M$370.22M$325.39M$283.00M$353.14M$196.51M$177.23M$163.50M$321.04M$280.09M$295.79M$379.93M$291.85M$337.50M$361.66M$318.06M$265.32M$248.94M$258.89M$231.69M
Low Forecast$524.33M$509.30M$485.78M$478.64M$487.06M$468.64M$447.65M$445.50M$419.61M$381.12M$357.31M$368.95M$323.83M$283.00M$235.43M$183.99M$156.60M$144.46M$214.03M$186.73M$274.58M$352.68M$194.57M$313.30M$335.72M$295.25M$176.88M$231.08M$240.32M$215.07M
Surprise %--------------0.95%1.35%1.30%-0.86%---1.08%---0.97%--0.97%

Micron's average Quarter SG&A projection for May 24 is $283.00M, based on 8 Wall Street analysts, with a range of $283.00M to $283.00M. The forecast indicates a 1.07% rise compared to MU last annual SG&A of $280.00M (Feb 24).

Micron EPS Forecast

Aug 27May 27Mar 27Nov 26Aug 26May 26Mar 26Nov 25Aug 25May 25Mar 25Nov 24Aug 24May 24Feb 24Nov 23Aug 23May 23Mar 23Nov 22Aug 22May 22Mar 22Nov 21Aug 21May 21Mar 21Nov 20Aug 20May 20
# Analysts88813131313666151588816121313151177812881188
EPS--------------$0.72$-1.12$-1.31-$-2.13---$2.01---$0.54--$0.72
Avg Forecast$4.14$4.00$3.68$3.57$3.48$3.32$3.16$3.16$2.79$2.26$1.92$1.76$1.12$0.48$-0.25$-1.01$-1.14$-1.61$-0.67$1.95$1.37$2.44$1.98$2.10$2.33$1.72$0.95$0.68$0.98$0.75
High Forecast$4.44$4.29$3.95$3.83$3.74$3.57$3.39$3.39$2.99$2.43$2.20$1.78$1.12$0.48$-0.23$-1.00$-1.04$-1.47$-0.61$2.10$1.42$2.56$2.07$2.20$2.44$1.80$0.99$0.72$1.03$0.78
Low Forecast$3.78$3.65$3.36$3.26$3.18$3.03$2.88$2.89$2.55$2.07$1.74$1.75$1.12$0.48$-0.27$-1.02$-1.23$-1.73$-0.72$1.78$1.32$2.32$1.88$1.99$2.22$1.63$0.90$0.65$0.93$0.71
Surprise %---------------2.85%1.11%1.14%-3.19%---1.02%---0.57%--0.96%

According to 8 Wall Street analysts, Micron's projected average Quarter EPS for May 24 is $0.48, with a low estimate of $0.48 and a high estimate of $0.48. This represents a -33.31% decrease compared to MU previous annual EPS of $0.72 (Feb 24).

Micron Peer Comparison by Price Target

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
AMDAdvanced Micro Devices$125.02$184.1347.28%Buy
NVDANVIDIA$130.39$168.5829.29%Buy
QCOMQUALCOMM$157.92$201.6727.70%Buy
MUMicron$108.60$138.1827.24%Buy
INTCIntel$20.44$23.0712.87%Hold
MRVLMarvell$112.25$103.14-8.12%Buy
AVGOBroadcom$240.23$209.11-12.95%Buy
TSMTaiwan Semiconductor Manufacturing Company$200.66$171.67-14.45%Buy

MU Forecast FAQ

Is Micron a good buy?

Yes, according to 31 Wall Street analysts, Micron (MU) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 26 'Buy' recommendations, accounting for 83.87% of MU's total ratings.

What is MU's price target?

Micron (MU) average price target is $138.18 with a range of $57 to $185, implying a 53.33% from its last price of $90.12. The data is based on 31 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Micron stock go up soon?

According to Wall Street analysts' prediction for MU stock, the company can go up by 53.33% (from the last price of $90.12 to the average price target of $138.18), up by 105.28% based on the highest stock price target, and down by -36.75% based on the lowest stock price target.

Can Micron stock reach $140?

MU's highest twelve months analyst stock price target of $185 supports the claim that Micron can reach $140 in the near future.

What are Micron's analysts' financial forecasts?

Micron's analysts financial forecasts for the fiscal year (Aug 2026) are as follows: average revenue is $46.71B (high $49.31B, low $43.57B), average EBITDA is $18.29B (high $19.3B, low $17.05B), average net income is $14.77B (high $15.84B, low $13.48B), average SG&A $1.98B (high $2.09B, low $1.85B), and average EPS is $13.13 (high $14.08, low $11.98). MU's analysts financial forecasts for the fiscal year (Aug 2027) are as follows: average revenue is $50.48B (high $53.29B, low $47.08B), average EBITDA is $19.76B (high $20.86B, low $18.43B), average net income is $17.33B (high $18.58B, low $15.81B), average SG&A $2.14B (high $2.26B, low $2B), and average EPS is $15.4 (high $16.52, low $14.06).

Did the MU's actual financial results beat the analysts' financial forecasts?

Based on Micron's last annual report (Aug 2023), the company's revenue was $15.54B, which missed the average analysts forecast of $17.62B by -11.79%. Apple's EBITDA was $2.66B, missing the average prediction of $7.79B by -65.88%. The company's net income was $-5.833B, beating the average estimation of $-1.737B by 235.75%. Apple's SG&A was $920M, beating the average forecast of $823.72M by 11.69%. Lastly, the company's EPS was $-5.34, beating the average prediction of $-1.468 by 263.77%. In terms of the last quarterly report (Feb 2024), Micron's revenue was $5.82B, beating the average analysts' forecast of $5.35B by 8.92%. The company's EBITDA was $191M, missing the average prediction of $2.42B by -92.12%. Micron's net income was $793M, beating the average estimation of $534.47M by 48.37%. The company's SG&A was $280M, missing the average forecast of $294.29M by -4.85%. Lastly, the company's EPS was $0.72, missing the average prediction of $-0.253 by -384.95%