# Micron Technology, Inc.  Share Price Target ‘$130.61’, now 10.8% Upside Potential

- Link: https://www.directorstalkinterviews.com/micron-technology-inc.share-price-target-130.61-now-10.8-upside-potential/4121149518
- Published: 2024-04-02T12:42:39+01:00
- Author: Charlotte Edwards

**Micron Technology, Inc.** which can be found using ticker (MU) have now 29 confirmed
analysts covering the stock with the consensus suggesting a rating of ‘buy’. The
target price High/Low ranges between $225.00 and $98.00 and has a mean share price
target at $130.61. (at the time of writing). Given that the stocks previous close
was at $117.89 this indicates there is a potential upside of 10.8%. It’s also worth
noting that there is a 50 day moving average of $93.32 while the 200 day moving 
average is $77.35. The total market capitalization for the company now stands at
137.65B. The current share price for the company is: $124.30 USD

 The potential market cap would be $152,497,723,715 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 $16.67 and a -3.77% 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:
