Micron (MU) Stock Forecast, Price Target & Predictions
MU Stock Forecast
Micron (MU) stock forecast, based on 32 Wall Street analysts, predicts a 12-month average price target of $127.13, with a high of $165.00 and a low of $57.00. This represents a 42.83% increase from the last price of $89.01.
MU Stock Rating
Micron stock's rating consensus is Buy, based on 32 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 27 Buy (84.38%), 5 Hold (15.62%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).
Buy
MU Forecast vs Benchmarks
Type | Name | Upside |
---|---|---|
Stock | Micron | 42.83% |
Sector | Technology Stocks | 13.03% |
Idea | Semiconductor Stocks List | 17.80% |
Idea | Artificial Intelligence Stocks List | 12.77% |
Idea | Self Driving Car Stocks List | 6.98% |
Price Target Trends
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | - | 4 | 58 |
Avg Price Target | - | $126.25 | $136.80 |
Last Closing Price | $89.01 | $89.01 | $89.01 |
Upside/Downside | - | 41.84% | 53.69% |
Ratings Trends
Date | Strong Buy | Buy | Hold | Sell | Strong Sell | Total |
---|---|---|---|---|---|---|
Jan, 25 | 8 | 25 | 5 | - | 1 | 39 |
Dec, 24 | 9 | 27 | 5 | - | 1 | 42 |
Nov, 24 | 9 | 27 | 3 | - | 1 | 40 |
Oct, 24 | 11 | 26 | 3 | 1 | 1 | 42 |
Sep, 24 | 11 | 25 | 3 | 1 | 1 | 41 |
Latest Price Target by Analysts
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Dec 19, 2024 | Matt Bryson | Wedbush | $125.00 | $98.10 | 27.42% | 40.43% |
Dec 19, 2024 | Brian Chin | Stifel Nicolaus | $130.00 | $86.85 | 49.68% | 46.05% |
Dec 19, 2024 | Tom O'Malley | Barclays | $110.00 | $98.10 | 12.13% | 23.58% |
Dec 19, 2024 | Aaron Rakers | Wells Fargo | $140.00 | $98.10 | 42.71% | 57.29% |
Oct 14, 2024 | Vivek Arya | Bank of America Securities | $125.00 | $107.85 | 15.90% | 40.43% |
Sep 27, 2024 | Mark Li | Bernstein | $140.00 | $107.50 | 30.23% | 57.29% |
Sep 26, 2024 | Matt Bryson | Wedbush | $70.00 | $54.94 | 27.41% | -21.36% |
Sep 26, 2024 | Joseph Moore | Morgan Stanley | $57.00 | $54.94 | 3.75% | -35.96% |
Sep 26, 2024 | Hans Mosesmann | Rosenblatt Securities | $125.00 | $54.94 | 127.52% | 40.43% |
Sep 26, 2024 | Mehdi Hosseini | Susquehanna | $165.00 | $95.77 | 72.29% | 85.37% |
Latest Upgrade/Downgrade by Analysts
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Dec 19, 2024 | Wedbush | Outperform | Outperform | hold |
Dec 19, 2024 | Citigroup | Buy | Buy | hold |
Dec 19, 2024 | Barclays | Overweight | Overweight | hold |
Dec 19, 2024 | Wells Fargo | Overweight | Overweight | hold |
Dec 19, 2024 | KeyBanc | Overweight | Overweight | hold |
Oct 14, 2024 | Bank of America Securities | Buy | Buy | hold |
Oct 08, 2024 | Wedbush | Underperform | Underperform | hold |
Oct 01, 2024 | Cantor Fitzgerald | Overweight | Overweight | hold |
Sep 27, 2024 | Bernstein | Outperform | Outperform | hold |
Sep 26, 2024 | Piper Sandler | Overweight | Overweight | hold |
Financial Forecast
EPS Forecast
Annual
Aug 20 | Aug 21 | Aug 22 | Aug 23 | Aug 24 | Aug 25 | Aug 26 | Aug 27 | |
---|---|---|---|---|---|---|---|---|
Reported | $2.42 | $5.23 | $7.81 | $-5.34 | $0.70 | - | - | - |
Avg Forecast | $2.74 | $5.98 | $2.66 | $-4.56 | $1.21 | $7.07 | $11.17 | $11.46 |
High Forecast | $2.24 | $4.89 | $2.13 | $-5.26 | $1.18 | $6.64 | $8.94 | $8.17 |
Low Forecast | $3.10 | $6.76 | $3.19 | $-3.65 | $1.26 | $7.35 | $14.28 | $16.71 |
Surprise % | -11.68% | -12.54% | 193.61% | 17.11% | -42.15% | - | - | - |
Revenue Forecast
Annual
Aug 20 | Aug 21 | Aug 22 | Aug 23 | Aug 24 | Aug 25 | Aug 26 | Aug 27 | |
---|---|---|---|---|---|---|---|---|
Reported | $21.43B | $27.70B | $30.76B | $15.54B | $25.11B | - | - | - |
Avg Forecast | $21.27B | $27.65B | $23.97B | $15.48B | $25.03B | $35.29B | $44.25B | $45.16B |
High Forecast | $18.28B | $23.76B | $19.18B | $15.13B | $24.99B | $33.92B | $39.11B | $44.76B |
Low Forecast | $23.39B | $30.41B | $28.77B | $15.83B | $25.13B | $37.28B | $47.90B | $45.56B |
Surprise % | 0.76% | 0.20% | 28.30% | 0.39% | 0.33% | - | - | - |
Net Income Forecast
Annual
Aug 20 | Aug 21 | Aug 22 | Aug 23 | Aug 24 | Aug 25 | Aug 26 | Aug 27 | |
---|---|---|---|---|---|---|---|---|
Reported | $2.69B | $5.86B | $8.69B | $-5.83B | $778.00M | - | - | - |
Avg Forecast | $3.07B | $2.64B | $2.91B | $-6.87B | $1.37B | $7.82B | $11.75B | $12.20B |
High Forecast | $2.51B | $2.12B | $2.33B | $-8.25B | $1.32B | $7.42B | $9.99B | $9.13B |
Low Forecast | $3.46B | $3.17B | $3.49B | $-5.50B | $1.41B | $8.22B | $15.97B | $18.68B |
Surprise % | -12.36% | 121.67% | 198.68% | -15.12% | -43.17% | - | - | - |