Micron Technology, Inc. with ticker code (MU) have now 30 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The target price High/Low ranges between $250.00 and $70.00 calculating the average target share price we see $142.34. (at the time of writing). Now with the previous closing price of $106.92 and the analysts are correct then we can expect a percentage increase in value of 33.1%. Also worth taking note is the 50 day moving average now sits at $97.01 while the 200 day moving average is $106.79. The market cap for the company is 120.12B. The current share price for the company is: $108.34 USD
The potential market cap would be $159,914,018,015 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 154.77, revenue per share of $22.73 and a 1.17% 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.