Micron Technology, Inc. – Consensus ‘buy’ rating and 3.7% Upside Potential

Broker Ratings
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Micron Technology, Inc. which can be found using ticker (MU) now have 30 analysts in total covering the stock. The consensus rating is pointing to ‘buy’. The target price High/Low ranges between $240.78 and $105.00 calculating the average target price we see $148.48. Now with the previous closing price of $143.14 this would imply there is now a potential upside of 3.7%. There is a 50 day moving average of $123.37 and the 200 moving average now moves to $91.98. The company has a market capitalization of 156.54B. The current share price for the company is: $141.36 USD

The potential market cap would be $162,377,635,721 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.

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