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Micron Technology (MU) Stock Forecast & Price Target

Micron Technology logo
$87.33 +3.17 (+3.77%)
(As of 05:45 PM ET)

Micron Technology - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
1
Hold
2
Buy
23

Based on 26 Wall Street analysts who have issued ratings for Micron Technology in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 26 analysts, 1 has given a sell rating, 2 have given a hold rating, and 23 have given a buy rating for MU.

Consensus Price Target

$135.24
54.86% Upside
According to the 26 analysts' twelve-month price targets for Micron Technology, the average price target is $135.24. The highest price target for MU is $250.00, while the lowest price target for MU is $67.00. The average price target represents a forecasted upside of 54.86% from the current price of $87.33.
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MU Analyst Ratings Over Time

TypeCurrent Forecast
1/3/24 to 1/2/25
1 Month Ago
12/4/23 to 12/3/24
3 Months Ago
10/5/23 to 10/4/24
1 Year Ago
1/3/23 to 1/3/24
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
23 Buy rating(s)
26 Buy rating(s)
25 Buy rating(s)
20 Buy rating(s)
Hold
2 Hold rating(s)
1 Hold rating(s)
1 Hold rating(s)
3 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$135.24$143.04$143.23$91.59
Forecasted Upside54.86% Upside43.27% Upside40.08% Upside11.34% Upside
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy

MU Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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MU Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Micron Technology Stock vs. The Competition

TypeMicron TechnologyComputer and Technology CompaniesS&P 500
Consensus Rating Score
2.85
2.68
2.51
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside54.86% Upside420.72% Upside15.40% Upside
News Sentiment Rating
Neutral News

See Recent MU News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
12/20/2024Barclays
3 of 5 stars
 Lower TargetOverweight ➝ Overweight$145.00 ➝ $110.00+26.31%
12/19/2024Morgan Stanley
3 of 5 stars
 Lower TargetEqual Weight ➝ Equal Weight$114.00 ➝ $98.00+13.39%
12/19/2024Piper Sandler
2 of 5 stars
 Lower TargetOverweight ➝ Overweight$150.00 ➝ $120.00+38.84%
12/19/2024JPMorgan Chase & Co.
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 Lower TargetOverweight ➝ Overweight$180.00 ➝ $145.00+66.34%
12/19/2024Stifel Nicolaus
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 Lower TargetBuy ➝ Buy$135.00 ➝ $130.00+47.21%
12/19/2024Cantor Fitzgerald
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 Lower TargetOverweight ➝ Overweight$150.00 ➝ $130.00+47.21%
12/19/2024The Goldman Sachs Group
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 Lower TargetBuy ➝ Buy$145.00 ➝ $128.00+49.27%
12/19/2024Wells Fargo & Company
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 Lower TargetOverweight ➝ Overweight$175.00 ➝ $140.00+61.89%
12/19/2024UBS Group
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 Lower TargetBuy ➝ Buy$135.00 ➝ $125.00+20.31%
12/19/2024Mizuho
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 Lower TargetOutperform ➝ Outperform$135.00 ➝ $115.00+10.68%
12/19/2024Bank of America
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 DowngradeBuy ➝ Neutral$125.00 ➝ $110.00+5.87%
12/19/2024TD Cowen
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 Lower TargetBuy ➝ Buy$135.00 ➝ $125.00+20.31%
12/19/2024Needham & Company LLC
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 Lower TargetBuy ➝ Buy$140.00 ➝ $120.00+15.50%
12/19/2024Robert W. Baird
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 Lower TargetOutperform ➝ Outperform$150.00 ➝ $130.00+25.12%
12/18/2024Sanford C. Bernstein
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 Lower TargetOutperform ➝ Outperform$140.00 ➝ $120.00+8.13%
12/18/2024Rosenblatt Securities
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 Reiterated RatingBuy ➝ Buy$250.00 ➝ $250.00+130.20%
12/17/2024Wedbush
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 Reiterated RatingOutperform ➝ Outperform$140.00 ➝ $140.00+29.32%
10/28/2024China Renaissance
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 Initiated CoverageBuy$148.00+37.05%
10/8/2024KeyCorp
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 Lower TargetOverweight ➝ Overweight$145.00 ➝ $135.00+31.18%
9/26/2024Raymond James
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 Boost TargetOutperform ➝ Outperform$125.00 ➝ $140.00+28.51%
9/26/2024Susquehanna
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 Lower TargetPositive ➝ Positive$175.00 ➝ $165.00+72.29%
9/17/2024Citigroup
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 Lower TargetBuy ➝ Buy$175.00 ➝ $150.00+68.27%
9/12/2024BNP Paribas
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K. Ackerman
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DowngradeOutperform ➝ Underperform$140.00 ➝ $67.00-26.09%
6/21/2024Wolfe Research
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 Boost TargetOutperform ➝ Outperform$150.00 ➝ $200.00+40.68%
3/21/2024Fox Advisors
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 UpgradeEqual Weight ➝ Overweight
3/21/2024Argus
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 UpgradeHold ➝ Buy$140.00+45.45%
12/21/2023Evercore ISI
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 Boost TargetOutperform ➝ Outperform$90.00 ➝ $100.00+18.89%
12/21/2023Deutsche Bank Aktiengesellschaft
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 Boost TargetBuy ➝ Buy$85.00 ➝ $90.00+14.37%
12/18/2023BMO Capital Markets
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 Boost TargetOutperform ➝ Outperform$80.00 ➝ $90.00+10.85%
6/29/2023VNET Group
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 Reiterated RatingMaintains
6/29/202322nd Century Group
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 Reiterated RatingMaintains
4/13/2023New Street Research
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 Boost TargetBuy$75.00 ➝ $100.00+60.69%
1/3/2023Credit Suisse Group
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Chris Caso
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Set Target$66.00+32.05%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 11:52 PM ET.


Should I Buy Micron Technology Stock? MU Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, December 27, 2024. Please send any questions or comments about these Micron Technology pros and cons to contact@marketbeat.com.

Micron Technology
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Micron Technology, Inc.:

  • Micron Technology, Inc. reported earnings per share of $1.79 for the latest quarter, exceeding analysts' expectations of $1.60, indicating strong financial performance and effective management.
  • The company achieved a remarkable revenue of $8.71 billion, which matched analyst estimates, showcasing its ability to meet market expectations consistently.
  • With a year-over-year revenue increase of 84.3%, Micron Technology, Inc. demonstrates significant growth potential, making it an attractive option for investors looking for expanding companies.
  • The current stock price is approximately $113.00, reflecting investor confidence and market interest in the company's future prospects.
  • Micron Technology, Inc. has declared a quarterly dividend of $0.115 per share, translating to an annualized dividend of $0.46 and a yield of 0.52%, providing a return on investment for shareholders.

Micron Technology
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Micron Technology, Inc. for these reasons:

  • The company's net margin stands at 3.10%, which may indicate lower profitability compared to competitors, potentially affecting long-term growth.
  • Micron Technology, Inc. has a return on equity of 1.58%, suggesting that the company is not generating high returns on shareholders' equity, which could be a concern for investors seeking strong financial metrics.
  • Insider selling activity has been noted, with an executive vice president selling 4,890 shares, which could signal a lack of confidence in the company's future performance.
  • Despite recent growth, the semiconductor industry is highly cyclical and can be affected by market fluctuations, which may pose risks to Micron Technology, Inc.'s stability.
  • Hedge funds and institutional investors hold 80.84% of the company's stock, which may lead to volatility in stock price movements based on their trading activities.

MU Forecast - Frequently Asked Questions

According to the research reports of 26 Wall Street equities research analysts, the average twelve-month stock price forecast for Micron Technology is $135.24, with a high forecast of $250.00 and a low forecast of $67.00.

26 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Micron Technology in the last twelve months. There is currently 1 sell rating, 2 hold ratings and 23 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" MU shares.

According to analysts, Micron Technology's stock has a predicted upside of 54.86% based on their 12-month stock forecasts.

Over the previous 90 days, Micron Technology's stock had 1 downgrade by analysts.

Analysts like Micron Technology more than other "computer and technology" companies. The consensus rating score for Micron Technology is 2.85 while the average consensus rating score for "computer and technology" companies is 2.68. Learn more on how MU compares to other companies.


This page (NASDAQ:MU) was last updated on 1/2/2025 by MarketBeat.com Staff
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