Analyst Price Target is $129.76
▲ +46.72% Upside Potential
This price target is based on 25 analysts offering 12 month price targets for Micron Technology in the last 3 months. The average price target is $129.76, with a high forecast of $200.00 and a low forecast of $67.00. The average price target represents a 46.72% upside from the last price of $88.44.
Current Consensus is
Moderate Buy
The current consensus among 25 polled investment analysts is to moderate buy stock in Micron Technology. This Moderate Buy consensus rating has held steady for over two years.
Micron Technology, Inc. designs, develops, manufactures, and sells memory and storage products worldwide. The company operates through four segments: Compute and Networking Business Unit, Mobile Business Unit, Embedded Business Unit, and Storage Business Unit. It provides memory and storage technologies comprising dynamic random access memory semiconductor devices with low latency that provide high-speed data retrieval; non-volatile and re-writeable semiconductor storage devices; and non-volatile re-writable semiconductor memory devices that provide fast read speeds under the Micron and Crucial brands, as well as through private labels. The company offers memory products for the cloud server, enterprise, client, graphics, networking, industrial, and automotive markets, as well as for smartphone and other mobile-device markets; SSDs and component-level solutions for the enterprise and cloud, client, and consumer storage markets; discrete storage products in component and wafers; and memory and storage products for the automotive, industrial, and consumer markets. It markets its products through its direct sales force, independent sales representatives, distributors, and retailers; and web-based customer direct sales channel, as well as through channel and distribution partners. Micron Technology, Inc. was founded in 1978 and is headquartered in Boise, Idaho.
Read More