# Micron Technology, Inc. – Consensus ‘buy’ rating and 26.4% Upside Potential

- Link: https://www.directorstalkinterviews.com/micron-technology-inc.consensus-buy-rating-and-26.4-upside-potential/4121163255
- Published: 2024-07-01T13:51:21+01:00
- Author: Charlotte Edwards

**Micron Technology, Inc.** which can be found using ticker (MU) now have 30 confirmed
analysts covering the stock with the consensus suggesting a rating of ‘buy’. The
range between the high target price and low target price is between $240.78 and 
$129.00 with the average target price sitting at $167.12. Now with the previous 
closing price of $132.23 and the analysts are correct then there would likely be
a percentage uptick in value of 26.4%. The day 50 moving average is $126.78 and 
the 200 moving average now moves to $95.19. The market cap for the company is 145.85B.
The current share price for the company is: $131.53 USD

 The potential market cap would be $184,328,336,092 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 $19.39 and a -1.57% 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.

Share on: