Micron Technology, Inc. Share Price Target ‘$160.51’, now 17.3% Upside Potential

Broker Ratings
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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 $393.47 and $118.83 calculating the average target share price we see $160.51. (at the time of writing). Given that the stocks previous close was at $136.82 and the analysts are correct then we can expect a percentage increase in value of 17.3%. The 50 day MA is $128.63 and the 200 moving average now moves to $96.44. The total market capitalization for the company now stands at 145.92B. The stock price for Apple Inc. is $131.60 USD

The potential market cap would be $171,189,560,579 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 $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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