Micron Technology, Inc. which can be found using ticker (MU) have now 28 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between $128.86 and $39.05 with the average share target price sitting at $87.94. (at the time of writing). Given that the stocks previous close was at $89.20 this would imply there is a potential downside of -1.4%. Also worth taking note is the 50 day moving average now sits at $81.16 and the 200 moving average now moves to $70.28. The market capitalization for the company is 98.47B. The stock price is currently at: $88.05 USD
The potential market cap would be $97,078,033,016 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.