Micron Technology, Inc. – Consensus ‘buy’ rating and 59.3% Upside Potential

Broker Ratings
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Micron Technology, Inc. with ticker code (MU) now have 30 analysts in total covering the stock. The consensus rating is pointing to ‘buy’. The range between the high target price and low target price is between $427.13 and $129.00 calculating the mean target price we have $172.07. Given that the stocks previous close was at $107.99 this is indicating there is a potential upside of 59.3%. Also worth taking note is the 50 day moving average now sits at $120.80 while the 200 day moving average is $102.93. The market cap for the company is 120.45B. The stock price is currently at: $108.63 USD

The potential market cap would be $191,928,837,307 based on the market consensus.

The company is not paying dividends at this time.

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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