Micron Technology, Inc. Share Price Target ‘$130.61’, now 10.8% Upside 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 target price High/Low ranges between $225.00 and $98.00 and has a mean share price target at $130.61. (at the time of writing). Given that the stocks previous close was at $117.89 this indicates there is a potential upside of 10.8%. It’s also worth noting that there is a 50 day moving average of $93.32 while the 200 day moving average is $77.35. The total market capitalization for the company now stands at 137.65B. The current share price for the company is: $124.30 USD

The potential market cap would be $152,497,723,715 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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