WallStreetZenWallStreetZen

NASDAQ: MU
Micron Technology Inc Stock Forecast, Predictions & Price Target

Analyst price target for MU

Based on 22 analysts offering 12 month price targets for Micron Technology Inc.
Min Forecast
$46.00-33.98%
Avg Forecast
$77.86+11.75%
Max Forecast
$100.00+43.51%

Should I buy or sell MU stock?

Based on 22 analysts offering ratings for Micron Technology Inc.
Buy
Strong Buy
10 analysts 45.45%
Buy
7 analysts 31.82%
Hold
4 analysts 18.18%
Sell
0 analysts 0%
Strong Sell
1 analysts 4.55%

Be the first to know when Wall Street analysts revise their MU stock forecasts and price targets.

MU stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Wedbush
Top 8%
93
BuyReiterates$80.00+14.81%2023-09-21
Rosenblatt
Top 5%
96
Strong BuyReiterates$100.00+43.51%2023-09-20
Goldman Sachs
Top 7%
94
Strong BuyMaintains$85.00+21.99%2023-09-19
Deutsche Bank
Top 1%
100
Strong BuyUpgrades$85.00+21.99%2023-09-18
Barclays
Top 30%
71
Strong BuyMaintains$80.00+14.81%2023-09-14
Citigroup
Top 7%
94
Strong BuyMaintains$85.00+21.99%2023-09-07
Wolfe Research
Top 1%
100
BuyInitiates Coverage On$80.00+14.81%2023-07-20
TD Cowen
Top 7%
94
BuyMaintains$78.00+11.94%2023-06-29Find out why
Bank of America
Top 2%
99
HoldMaintains$76.00+9.07%2023-06-29Find out why
Morgan Stanley
Top 7%
94
Strong SellReiterates$46.00-33.98%2023-06-29

1 of 3

Forecast return on equity

Is MU forecast to generate an efficient return?
Company
9.34%
Industry
38.26%
Market
48.79%
MU's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is MU forecast to generate an efficient return on assets?
Company
6.45%
Industry
18.21%
MU is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

MU revenue growth forecast

How is MU forecast to perform vs Semiconductors companies and vs the US market?
Company
63.62%
Industry
6.39%
Market
12.08%
MU's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
MU's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

MU vs Semiconductor Stocks

TickerPricePrice TargetUp/downsideConsensus
MU$69.68$77.86+11.75%Buy
ADI$176.08$204.50+16.14%Strong Buy
NXPI$194.96$234.41+20.24%Buy
MRVL$52.94$70.95+34.02%Strong Buy
MCHP$76.72$98.30+28.13%Buy

Micron Technology Stock Forecast FAQ

Is Micron Technology Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 22 Wall Street analysts covering (NASDAQ: MU) stock is to Buy MU stock.

Out of 22 analysts, 10 (45.45%) are recommending MU as a Strong Buy, 7 (31.82%) are recommending MU as a Buy, 4 (18.18%) are recommending MU as a Hold, 0 (0%) are recommending MU as a Sell, and 1 (4.55%) are recommending MU as a Strong Sell.

If you're new to stock investing, here's how to buy Micron Technology stock.

What is MU's forecast return on equity (ROE) for 2024-2024?

(NASDAQ: MU) forecast ROE is 9.34%, which is considered weak.

What is MU's Price Target?

According to 22 Wall Street analysts that have issued a 1 year MU price target, the average MU price target is $77.86, with the highest MU stock price forecast at $100.00 and the lowest MU stock price forecast at $46.00.

On average, Wall Street analysts predict that Micron Technology's share price could reach $77.86 by Sep 20, 2024. The average Micron Technology stock price prediction forecasts a potential upside of 11.75% from the current MU share price of $69.68.

What is MU's forecast return on assets (ROA) for 2024-2024?

(NASDAQ: MU) forecast ROA is 6.45%, which is lower than the forecast US Semiconductors industry average of 18.21%.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.