Micron Technology, Inc. Share Price Target ‘$156.01’, now 71.6% Upside Potential

Broker Ratings
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Micron Technology, Inc. with ticker code (MU) now have 30 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The range between the high target price and low target price is between $427.13 and $67.00 with the average share target price sitting at $156.01. (at the time of writing). Given that the stocks previous close was at $90.90 this would indicate that there is a potential upside of 71.6%. Also worth taking note is the 50 day moving average now sits at $99.76 and the 200 day moving average is $105.12. The company has a market capitalization of 103.75B. The stock price is currently at: $93.57 USD

The potential market cap would be $178,071,348,328 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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