Micron Technology, Inc. – Consensus ‘buy’ rating and -6.9% Downside Potential

Broker Ratings
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Micron Technology, Inc. which can be found using ticker (MU) have now 29 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The range between the high target price and low target price is between $129.01 and $39.10 calculating the average target price we see $88.55. Given that the stocks previous close was at $95.15 this now indicates there is a potential downside of -6.9%. There is a 50 day moving average of $85.65 and the 200 day MA is $73.36. The total market capitalization for the company now stands at 105.72B. The stock price is currently at: $95.77 USD

The potential market cap would be $98,388,174,505 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 $14.77 and a -6.07% 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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