Micron Technology Inc
NASDAQ:MU

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Micron Technology Inc
NASDAQ:MU
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Price: 96.34 USD -2.86% Market Closed
Market Cap: 106.8B USD
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Wall Street
Price Targets

MU Price Targets Summary
Micron Technology Inc

Wall Street analysts forecast MU stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for MU is 144.88 USD with a low forecast of 70.7 USD and a high forecast of 262.5 USD.

Lowest
Price Target
70.7 USD
27% Downside
Average
Price Target
144.88 USD
50% Upside
Highest
Price Target
262.5 USD
172% Upside

MU Last Price Targets
Micron Technology Inc

The latest public price target was made on Oct 14, 2024 by Vivek Arya from Bank of America Securities , who expects MU stock to rise by 30% over the next 12 months. You can read more about this price target by viewing the article on StreetInsider.

Analyst Price Target Date Article
Vivek Arya
Bank of America Securities
125 USD
Upside 30%
1 month ago
Oct 14, 2024
BofA Securities Reiterates Buy Rating on Micron Technology (MU)
StreetInsider
Mark Li
Bernstein
140 USD
Upside 45%
1 month ago
Sep 27, 2024
Bernstein SocGen Group Reiterates Outperform Rating on Micron Technology (MU)
StreetInsider
Joseph Moore
Morgan Stanley
114 USD
Upside 18%
1 month ago
Sep 26, 2024
Micron's AI-Driven HBM Demand and Data Center Growth to Fuel Stock Upside, Analysts Say
Benzinga
Hans Mosesmann
Rosenblatt Securities
250 USD
Upside 159%
1 month ago
Sep 26, 2024
Micron's AI-Driven HBM Demand and Data Center Growth to Fuel Stock Upside, Analysts Say
Benzinga
Matt Bryson
Wedbush
140 USD
Upside 45%
1 month ago
Sep 26, 2024
Micron's AI-Driven HBM Demand and Data Center Growth to Fuel Stock Upside, Analysts Say
Benzinga
Mehdi Hosseini
Susquehanna
165 USD
Upside 71%
1 month ago
Sep 26, 2024
Micron price target lowered to $165 from $175 at Susquehanna
TheFly
Aaron Rakers
Wells Fargo
175 USD
Upside 82%
1 month ago
Sep 24, 2024
Micron Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Benzinga
Angelo Zino
CFRA
140 USD
Upside 45%
1 month ago
Sep 23, 2024
Micron Technology (MU) PT Lowered to $140 at CFRA, 'investors might be skittish'
StreetInsider
Brian Chin
Stifel Nicolaus
135 USD
Upside 40%
1 month ago
Sep 19, 2024
Micron Technology (MU) PT Lowered to $135 at Stifel ahead of Q4 report
StreetInsider
Christopher Danely
Citigroup
150 USD
Upside 56%
2 months ago
Sep 17, 2024
Micron price target lowered to $150 from $175 at Citi
TheFly
Srini Pajjuri
Raymond James
125 USD
Upside 30%
2 months ago
Sep 11, 2024
Micron Technology (MU) PT Lowered to $125 at Raymond James, 'Near Term Weakness Priced in, DRAM Cycle Has Legs'
StreetInsider
Jordan Klein
Mizuho Securities
90 USD
Downside 7%
2 months ago
Aug 27, 2024
Mizuho's Klein discusses selloff in Micron Technology (MU), memory stocks
StreetInsider
Quinn Bolton
Needham
140 USD
Upside 45%
2 months ago
Aug 26, 2024
Micron Technology (MU) PT Lowered to $140 at Needham
StreetInsider
John Vinh
KeyBanc
145 USD
Upside 51%
3 months ago
Aug 6, 2024
Micron price target lowered to $145 from $165 at KeyBanc
TheFly
Vivek Arya
New Street
170 USD
Upside 76%
4 months ago
Jul 12, 2024
Micron Technology Analysts Remain Bullish After Management Meetings, 'AI ... Could Become An Incremental Driver'
Benzinga
Timothy Arcuri
UBS
153 USD
Upside 59%
4 months ago
Jun 27, 2024
Micron Technology (MU) PT Lowered to $153 at UBS, 'Cut Through The Noise And Keep Following Gross Margins Higher', 'remains one of our top AI play'
StreetInsider
Jim Kelleher
Argus Research
170 USD
Upside 76%
4 months ago
Jun 27, 2024
Micron price target raised to $170 from $140 at Argus
TheFly
Angelo Zino
CFRA
170 USD
Upside 76%
4 months ago
Jun 27, 2024
CFRA Reiterates Buy Rating on Micron Technology (MU)
StreetInsider
Harsh Kumar
Piper Sandler
150 USD
Upside 56%
4 months ago
Jun 27, 2024
Micron Technology (MU) PT Raised to $150 at Piper Sandler
StreetInsider
Toshiya Hari
Goldman Sachs
158 USD
Upside 64%
4 months ago
Jun 27, 2024
Micron Technology (MU) PT Raised to $158 at Goldman Sachs, 'we see the stock’s recent pullback, if anything, as an opportunity to add to positions'
StreetInsider
Quinn Bolton
Needham
150 USD
Upside 56%
4 months ago
Jun 27, 2024
Micron Technology (MU) PT Raised to $150 at Needham
StreetInsider
John Vinh
KeyBanc
160 USD
Upside 66%
4 months ago
Jun 27, 2024
Micron Technology (MU) PT Raised to $160 at KeyBanc
StreetInsider
Tristan Gerra
Robert W. Baird
172 USD
Upside 79%
4 months ago
Jun 24, 2024
Micron Technology (MU) PT Raised to $172 at Baird, 'continue to see meaningful upside opportunities'
StreetInsider
Chris Caso
Wolfe Research
200 USD
Upside 108%
4 months ago
Jun 21, 2024
Micron price target raised to $200 from $150 at Wolfe Research
TheFly
Aaron Rakers
Wells Fargo
190 USD
Upside 97%
4 months ago
Jun 20, 2024
Micron Technology (MU) PT Raised to $190 at Wells Fargo
StreetInsider
Brian Chin
Stifel Nicolaus
165 USD
Upside 71%
4 months ago
Jun 18, 2024
Micron Technology (MU) PT Raised to $165 at Stifel
StreetInsider
Steven Fox
US Capital Advisors
185 USD
Upside 92%
4 months ago
Jun 18, 2024
Micron Technology (MU) PT Raised to $185 at Fox Advisors
StreetInsider
Mehdi Hosseini
Susquehanna
185 USD
Upside 92%
5 months ago
Jun 17, 2024
Micron Technology (MU) PT Raised to $185 at Susquehanna
StreetInsider
Timothy Arcuri
UBS
155 USD
Upside 61%
5 months ago
Jun 10, 2024
Micron Technology (MU) PT Raised to $155 at UBS
StreetInsider
Vijay Rakesh
Mizuho Securities
155 USD
Upside 61%
5 months ago
May 31, 2024
Micron Technology (MU) PT Raised to $155 at Mizuho
StreetInsider
Joseph Moore
Morgan Stanley
130 USD
Upside 35%
5 months ago
May 20, 2024
Morgan Stanley Upgrades Micron Technology (MU) to Equalweight
StreetInsider
Vijay Rakesh
Mizuho Securities
150 USD
Upside 56%
6 months ago
May 17, 2024
Micron price target raised to $150 from $130 at Mizuho
TheFly
Tom O'Malley
Barclays
145 USD
Upside 51%
6 months ago
May 13, 2024
Micron price target raised to $145 from $120 at Barclays
TheFly
Tristan Gerra
Robert W. Baird
150 USD
Upside 56%
6 months ago
May 6, 2024
Baird Upgrades Micron Technology (MU) to Outperform, 'Adding to Our List of Top Semi Ideas'
StreetInsider
John Vinh
KeyBanc
150 USD
Upside 56%
7 months ago
Apr 8, 2024
Micron Technology (MU) PT Raised to $150 at KeyBanc
StreetInsider
John Vinh
Loop Capital Markets
150 USD
Upside 56%
7 months ago
Apr 8, 2024
Micron's High-Bandwidth Memory Spells Profit Potential, Says Analyst Who Projects 18%-20% Upside For Tech Stock
Benzinga
Vijay Rakesh
Mizuho Securities
130 USD
Upside 35%
7 months ago
Mar 25, 2024
Micron Technology (MU) PT Raised to $130 at Mizuho
StreetInsider
Brian Chin
Stifel Nicolaus
140 USD
Upside 45%
7 months ago
Mar 21, 2024
Micron Technology (MU) PT Raised to $140 at Stifel, 'AI growth (at-a-reasonable-price)'
StreetInsider
John Vinh
KeyBanc
135 USD
Upside 40%
7 months ago
Mar 21, 2024
Micron Technology (MU) PT Raised to $135 at KeyBanc, 'Strong Results Reflect Improving Pricing'
StreetInsider
Jim Kelleher
Argus Research
140 USD
Upside 45%
7 months ago
Mar 21, 2024
Argus Upgrades Micron Technology (MU) to Buy, 'NAND and DRAM prices are now rising due to inventory normalization'
StreetInsider
Harsh Kumar
Piper Sandler
130 USD
Upside 35%
7 months ago
Mar 21, 2024
Micron Technology (MU) PT Raised to $130 at Piper Sandler
StreetInsider
Aaron Rakers
Wells Fargo
135 USD
Upside 40%
7 months ago
Mar 21, 2024
Micron Technology (MU) PT Raised to $135 at Wells Fargo, 'What Matters the Most'
StreetInsider
Toshiya Hari
Goldman Sachs
122 USD
Upside 27%
7 months ago
Mar 21, 2024
Micron Technology (MU) PT Raised to $122 at Goldman Sachs
StreetInsider
Vijay Rakesh
Mizuho Securities
124 USD
Upside 29%
7 months ago
Mar 21, 2024
5 Micron Technology Analysts Raise Forecasts After Blockbuster Q2 Results
Benzinga
Joseph Moore
Morgan Stanley
98 USD
Upside 2%
7 months ago
Mar 21, 2024
Micron Technology (MU) PT Raised to $98 at Morgan Stanley
StreetInsider
Matt Bryson
Wedbush
130 USD
Upside 35%
7 months ago
Mar 21, 2024
5 Micron Technology Analysts Raise Forecasts After Blockbuster Q2 Results
Benzinga
Hans Mosesmann
Rosenblatt Securities
225 USD
Upside 134%
7 months ago
Mar 21, 2024
Micron Technology (MU) PT Raised to Street High $225 at Rosenblatt
StreetInsider
Angelo Zino
CFRA
110 USD
Upside 14%
7 months ago
Mar 19, 2024
Micron Technology (MU) PT Raised to $110 at CFRA
StreetInsider
Brian Chin
Stifel Nicolaus
120 USD
Upside 25%
7 months ago
Mar 19, 2024
Stifel on Micron Technology (MU) Ahead of Earnings Tomorrow: 'Regaining profitability just an intermediate stepping stone'
StreetInsider
Tristan Gerra
Robert W. Baird
115 USD
Upside 19%
7 months ago
Mar 19, 2024
Micron Technology (MU) PT Raised to $115 at Baird, 'DRAM Supply/Demand Could Return to Equilibrium by C4Q'
StreetInsider
Timothy Arcuri
UBS
120 USD
Upside 25%
7 months ago
Mar 19, 2024
Micron Technology (MU) PT Raised to $120 at UBS, 'see results biased to the high-end of guidance'
StreetInsider
Chris Caso
Wolfe Research
120 USD
Upside 25%
8 months ago
Mar 13, 2024
Micron Technology (MU) PT Raised to $120 at Wolfe Research
StreetInsider
Matt Bryson
Wedbush
103 USD
Upside 7%
8 months ago
Mar 12, 2024
Micron Tech Poised for Strong Earnings Amid Surge in Chip Pricing: Analyst
Benzinga
Vijay Rakesh
Mizuho Securities
100 USD
Upside 4%
8 months ago
Feb 21, 2024
Micron, Seagate, Western Digital Poised for Upswing, Driven by NAND Price Surge, Analyst Forecasts
Benzinga
Hans Mosesmann
Rosenblatt Securities
140 USD
Upside 45%
10 months ago
Dec 21, 2023
Micron Technology Guidance Reflects Strong Pricing Rebound: 10 Analysts Deep Dive Into Q1 Earnings
Benzinga
Timothy Arcuri
UBS
90 USD
Downside 7%
10 months ago
Dec 20, 2023
Micron Likely To Report Wider Q1 Loss; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Benzinga
Joseph Moore
Morgan Stanley
58 USD
Downside 40%
1 year ago
Sep 28, 2023
What 7 Analysts Think of Micron Technology's Q4: Excess Inventory, Product Demand
Benzinga
Brian Chin
Stifel Nicolaus
65 USD
Downside 33%
1 year ago
Sep 28, 2023
What 7 Analysts Think of Micron Technology's Q4: Excess Inventory, Product Demand
Benzinga
Quinn Bolton
Needham
75 USD
Downside 22%
1 year ago
Sep 28, 2023
What 7 Analysts Think of Micron Technology's Q4: Excess Inventory, Product Demand
Benzinga
Vijay Rakesh
Mizuho Securities
82 USD
Downside 15%
1 year ago
Sep 28, 2023
What 7 Analysts Think of Micron Technology's Q4: Excess Inventory, Product Demand
Benzinga
Matt Bryson
Wedbush
80 USD
Downside 17%
1 year ago
Sep 21, 2023
AI Demand, Positive Chinese Market Boost Micron's Pricing Dynamics Ahead Of Earnings, Says Analyst
Benzinga
Srini Pajjuri
Raymond James
76 USD
Downside 21%
1 year ago
Jun 29, 2023
China Unable To Chip Off Micron's Prospects: 4 Analysts Remain Bullish On Outlook
Benzinga
Vijay Rakesh
Mizuho Securities
72 USD
Downside 25%
1 year ago
May 23, 2023
Banned but Unbroken: Micron's China Conundrum Creates Buying Opportunity, Says Analyst
Benzinga
John Vinh
Mizuho Securities
70 USD
Downside 27%
1 year ago
Apr 10, 2023
Supply Chain Silver Lining: Samsung's Production Cut to Benefit Micron and Restore Balance, Say Analysts
Benzinga
Srini Pajjuri
Raymond James
70 USD
Downside 27%
1 year ago
Mar 29, 2023
6 Micron Technology Analysts Bullish On Q2 Earnings, But 1 Remains Bearish Over 'Demand Weakness'
Benzinga
Joseph Moore
Morgan Stanley
46 USD
Downside 52%
1 year ago
Mar 29, 2023
6 Micron Technology Analysts Bullish On Q2 Earnings, But 1 Remains Bearish Over 'Demand Weakness'
Benzinga
Rajvindra Gill
Needham
70 USD
Downside 27%
1 year ago
Mar 29, 2023
6 Micron Technology Analysts Bullish On Q2 Earnings, But 1 Remains Bearish Over 'Demand Weakness'
Benzinga
Mark Li
Bernstein
80 USD
Downside 17%
1 year ago
Mar 29, 2023
6 Micron Technology Analysts Bullish On Q2 Earnings, But 1 Remains Bearish Over 'Demand Weakness'
Benzinga
Show More Price Targets
Show Less Price Targets
Vivek Arya
Bank of America Securities
Price Target 125 USD
Upside/Downside 30%
View Source
Mark Li
Bernstein
Price Target 140 USD
Upside/Downside 45%
View Source
Joseph Moore
Morgan Stanley
Price Target 114 USD
Upside/Downside 18%
View Source
Hans Mosesmann
Rosenblatt Securities
Price Target 250 USD
Upside/Downside 159%
View Source
Matt Bryson
Wedbush
Price Target 140 USD
Upside/Downside 45%
View Source
Mehdi Hosseini
Susquehanna
Price Target 165 USD
Upside/Downside 71%
View Source
Aaron Rakers
Wells Fargo
Price Target 175 USD
Upside/Downside 82%
View Source
Angelo Zino
CFRA
Price Target 140 USD
Upside/Downside 45%
View Source
Brian Chin
Stifel Nicolaus
Price Target 135 USD
Upside/Downside 40%
View Source
Christopher Danely
Citigroup
Price Target 150 USD
Upside/Downside 56%
View Source
Srini Pajjuri
Raymond James
Price Target 125 USD
Upside/Downside 30%
View Source
Jordan Klein
Mizuho Securities
Price Target 90 USD
Upside/Downside 7%
View Source
Quinn Bolton
Needham
Price Target 140 USD
Upside/Downside 45%
View Source
John Vinh
KeyBanc
Price Target 145 USD
Upside/Downside 51%
View Source
Vivek Arya
New Street
Price Target 170 USD
Upside/Downside 76%
View Source
Timothy Arcuri
UBS
Price Target 153 USD
Upside/Downside 59%
View Source
Jim Kelleher
Argus Research
Price Target 170 USD
Upside/Downside 76%
View Source
Angelo Zino
CFRA
Price Target 170 USD
Upside/Downside 76%
View Source
Harsh Kumar
Piper Sandler
Price Target 150 USD
Upside/Downside 56%
View Source
Toshiya Hari
Goldman Sachs
Price Target 158 USD
Upside/Downside 64%
View Source
Quinn Bolton
Needham
Price Target 150 USD
Upside/Downside 56%
View Source
John Vinh
KeyBanc
Price Target 160 USD
Upside/Downside 66%
View Source
Tristan Gerra
Robert W. Baird
Price Target 172 USD
Upside/Downside 79%
View Source
Chris Caso
Wolfe Research
Price Target 200 USD
Upside/Downside 108%
View Source
Aaron Rakers
Wells Fargo
Price Target 190 USD
Upside/Downside 97%
View Source
Brian Chin
Stifel Nicolaus
Price Target 165 USD
Upside/Downside 71%
View Source
Steven Fox
US Capital Advisors
Price Target 185 USD
Upside/Downside 92%
View Source
Mehdi Hosseini
Susquehanna
Price Target 185 USD
Upside/Downside 92%
View Source
Timothy Arcuri
UBS
Price Target 155 USD
Upside/Downside 61%
View Source
Vijay Rakesh
Mizuho Securities
Price Target 155 USD
Upside/Downside 61%
View Source
Joseph Moore
Morgan Stanley
Price Target 130 USD
Upside/Downside 35%
View Source
Vijay Rakesh
Mizuho Securities
Price Target 150 USD
Upside/Downside 56%
View Source
Tom O'Malley
Barclays
Price Target 145 USD
Upside/Downside 51%
View Source
Tristan Gerra
Robert W. Baird
Price Target 150 USD
Upside/Downside 56%
View Source
John Vinh
KeyBanc
Price Target 150 USD
Upside/Downside 56%
View Source
John Vinh
Loop Capital Markets
Price Target 150 USD
Upside/Downside 56%
View Source
Vijay Rakesh
Mizuho Securities
Price Target 130 USD
Upside/Downside 35%
View Source
Brian Chin
Stifel Nicolaus
Price Target 140 USD
Upside/Downside 45%
View Source
John Vinh
KeyBanc
Price Target 135 USD
Upside/Downside 40%
View Source
Jim Kelleher
Argus Research
Price Target 140 USD
Upside/Downside 45%
View Source
Harsh Kumar
Piper Sandler
Price Target 130 USD
Upside/Downside 35%
View Source
Aaron Rakers
Wells Fargo
Price Target 135 USD
Upside/Downside 40%
View Source
Toshiya Hari
Goldman Sachs
Price Target 122 USD
Upside/Downside 27%
View Source
Vijay Rakesh
Mizuho Securities
Price Target 124 USD
Upside/Downside 29%
View Source
Joseph Moore
Morgan Stanley
Price Target 98 USD
Upside/Downside 2%
View Source
Matt Bryson
Wedbush
Price Target 130 USD
Upside/Downside 35%
View Source
Hans Mosesmann
Rosenblatt Securities
Price Target 225 USD
Upside/Downside 134%
View Source
Angelo Zino
CFRA
Price Target 110 USD
Upside/Downside 14%
View Source
Brian Chin
Stifel Nicolaus
Price Target 120 USD
Upside/Downside 25%
View Source
Tristan Gerra
Robert W. Baird
Price Target 115 USD
Upside/Downside 19%
View Source
Timothy Arcuri
UBS
Price Target 120 USD
Upside/Downside 25%
View Source
Chris Caso
Wolfe Research
Price Target 120 USD
Upside/Downside 25%
View Source
Matt Bryson
Wedbush
Price Target 103 USD
Upside/Downside 7%
View Source
Vijay Rakesh
Mizuho Securities
Price Target 100 USD
Upside/Downside 4%
View Source
Hans Mosesmann
Rosenblatt Securities
Price Target 140 USD
Upside/Downside 45%
View Source
Timothy Arcuri
UBS
Price Target 90 USD
Upside/Downside 7%
View Source
Joseph Moore
Morgan Stanley
Price Target 58 USD
Upside/Downside 40%
View Source
Brian Chin
Stifel Nicolaus
Price Target 65 USD
Upside/Downside 33%
View Source
Quinn Bolton
Needham
Price Target 75 USD
Upside/Downside 22%
View Source
Vijay Rakesh
Mizuho Securities
Price Target 82 USD
Upside/Downside 15%
View Source
Matt Bryson
Wedbush
Price Target 80 USD
Upside/Downside 17%
View Source
Srini Pajjuri
Raymond James
Price Target 76 USD
Upside/Downside 21%
View Source
Vijay Rakesh
Mizuho Securities
Price Target 72 USD
Upside/Downside 25%
View Source
John Vinh
Mizuho Securities
Price Target 70 USD
Upside/Downside 27%
View Source
Srini Pajjuri
Raymond James
Price Target 70 USD
Upside/Downside 27%
View Source
Joseph Moore
Morgan Stanley
Price Target 46 USD
Upside/Downside 52%
View Source
Rajvindra Gill
Needham
Price Target 70 USD
Upside/Downside 27%
View Source
Mark Li
Bernstein
Price Target 80 USD
Upside/Downside 17%
View Source
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Revenue
Forecast

Revenue Estimate
Micron Technology Inc

For the last 8 years the compound annual growth rate for Micron Technology Inc's revenue is 9%. The projected CAGR for the next 3 years is 23%.

9%
Past Growth
23%
Estimated Growth
Estimates Accuracy
-2%
Average Miss

Operating Income
Forecast

Operating Income Estimate
Micron Technology Inc

For the last 8 years the compound annual growth rate for Micron Technology Inc's operating income is 21%. The projected CAGR for the next 3 years is 138%.

21%
Past Growth
138%
Estimated Growth
Estimates Accuracy
-7%
Average Miss

Net Income
Forecast

Net Income Estimate
Micron Technology Inc

The compound annual growth rate of Micron Technology Inc's net income for the next 3 years is 163%.

N/A
Past Growth
163%
Estimated Growth
Estimates Accuracy
-7%
Average Miss

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is MU's stock price target?
Price Target
144.88 USD

According to Wall Street analysts, the average 1-year price target for MU is 144.88 USD with a low forecast of 70.7 USD and a high forecast of 262.5 USD.

What is Micron Technology Inc's Revenue forecast?
Projected CAGR
23%

For the last 8 years the compound annual growth rate for Micron Technology Inc's revenue is 9%. The projected CAGR for the next 3 years is 23%.

What is Micron Technology Inc's Operating Income forecast?
Projected CAGR
138%

For the last 8 years the compound annual growth rate for Micron Technology Inc's operating income is 21%. The projected CAGR for the next 3 years is 138%.

What is Micron Technology Inc's Net Income forecast?
Projected CAGR
163%

The compound annual growth rate of Micron Technology Inc's net income for the next 3 years is 163%.

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