Broker Ratings

Micron Technology, Inc. – Consensus ‘buy’ rating and 1.8% Upside Potential

Micron Technology, Inc. with ticker code (MU) now have 30 analysts in total covering the stock. The consensus rating is pointing to ‘buy’. The range between the high target price and low target price is between $102.09 and $39.38 calculating the mean target price we have $76.32. Given that the stocks previous close was at $74.96 this now indicates there is a potential upside of 1.8%. Also worth taking note is the 50 day moving average now sits at $71.79 and the 200 moving average now moves to $66.15. The company has a market capitalization of 85.86B. The stock price for Apple Inc. is $77.79 USD

The potential market cap would be $87,416,907,800 based on the market consensus.

The company has a dividend yield of 2.05%. Other points of data to note are a P/E ratio of -, revenue per share of $14.22 and a -5.23% return on assets.

Micron Technology, Inc. is a provider of memory and storage solutions. The Company’s product portfolio includes dynamic random-access memory (DRAM), negative-AND (NAND), three-dimensional (3D) XPoint memory, and NOR, solid-state drives, graphics and high bandwidth memory (HBM), managed NAND and multichip packages. Its brands include Micron and Crucial. The Company’s segments include Compute and Networking Business Unit (CNBU) includes memory products sold into client, cloud server, enterprise, graphics, and networking markets; Mobile Business Unit (MBU) includes memory and storage products sold into smartphone and other mobile-device markets; Storage Business Unit (SBU) includes solid state drives (SSDs) and component-level solutions sold into enterprise and cloud, client, and consumer storage markets and other discrete storage products; Embedded Business Unit (EBU) includes memory and storage products sold into automotive, industrial, and consumer markets.

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