# Micron Technology, Inc.  Share Price Target ‘$160.51’, now 17.3% Upside Potential

- Link: https://www.directorstalkinterviews.com/micron-technology-inc.share-price-target-160.51-now-17.3-upside-potential/4121164231
- Published: 2024-07-08T12:08:24+01:00
- Author: Charlotte Edwards

**Micron Technology, Inc.** with ticker code (MU) have now 30 market analysts covering
the stock. The analyst consensus now points to a rating of ‘buy’. The target price
High/Low ranges between $393.47 and $118.83 calculating the average target share
price we see $160.51. (at the time of writing). Given that the stocks previous close
was at $136.82 and the analysts are correct then we can expect a percentage increase
in value of 17.3%. The 50 day MA is $128.63 and the 200 moving average now moves
to $96.44. The total market capitalization for the company now stands at 145.92B.
The stock price for Apple Inc. is $131.60 USD

 The potential market cap would be $171,189,560,579 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.

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