# Micron Technology, Inc. – Consensus ‘buy’ rating and 48.5% Upside Potential

- Link: https://www.directorstalkinterviews.com/micron-technology-inc.consensus-buy-rating-and-48.5-upside-potential/4121165657
- Published: 2024-07-22T13:39:40+01:00
- Author: Charlotte Edwards

**Micron Technology, Inc.** with ticker code (MU) now have 30 analysts in total 
covering the stock. The consensus rating is pointing to ‘buy’. The target price 
High/Low ranges between $427.13 and $129.00 calculating the mean target price we
have $174.41. Given that the stocks previous close was at $117.45 this would indicate
that there is a potential upside of 48.5%. The 50 day MA is $131.23 and the 200 
moving average now moves to $99.38. The company has a market capitalization of 126.70B.
The stock price is currently at: $114.26 USD

 The potential market cap would be $188,140,135,503 based on the market consensus.

The company is not paying dividends at this time.

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.

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