Micron Technology, Inc. (MU)
NASDAQ: MU · Real-Time Price · USD
80.42
-0.30 (-0.37%)
At close: May 5, 2025, 4:00 PM
80.28
-0.14 (-0.17%)
After-hours: May 5, 2025, 7:46 PM EDT
Micron Technology Stock Forecast
Stock Price Forecast
The 26 analysts with 12-month price forecasts for Micron Technology stock have an average target of 135.54, with a low estimate of 84 and a high estimate of 250. The average target predicts an increase of 68.54% from the current stock price of 80.42.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Micron Technology stock from 26 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Nov '24 | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 11 | 10 | 9 | 9 | 9 | 9 |
| Buy | 14 | 15 | 14 | 14 | 14 | 14 |
| Hold | 1 | 2 | 2 | 2 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 26 | 27 | 25 | 25 | 26 | 26 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| UBS | UBS | Strong Buy Maintains $130 → $92 | Strong Buy | Maintains | $130 → $92 | +14.40% | Apr 28, 2025 |
| Barclays | Barclays | Buy Maintains $115 → $95 | Buy | Maintains | $115 → $95 | +18.13% | Apr 22, 2025 |
| Citigroup | Citigroup | Strong Buy Maintains $120 → $110 | Strong Buy | Maintains | $120 → $110 | +36.78% | Apr 11, 2025 |
| China Renaissance | China Renaissance | Strong Buy → Hold Downgrades $84 | Strong Buy → Hold | Downgrades | $84 | +4.45% | Mar 26, 2025 |
| Citigroup | Citigroup | Strong Buy Maintains $150 → $120 | Strong Buy | Maintains | $150 → $120 | +49.22% | Mar 21, 2025 |
Financial Forecast
Revenue This Year
36.42B
from 25.11B
Increased by 45.03%
Revenue Next Year
45.90B
from 36.42B
Increased by 26.02%
EPS This Year
7.17
from 0.70
Increased by 923.58%
EPS Next Year
11.34
from 7.17
Increased by 58.25%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 37.8B | 56.0B | 52.8B | ||
| Avg | 36.4B | 45.9B | 47.3B | ||
| Low | 33.5B | 36.8B | 40.2B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 50.6% | 53.9% | 14.9% | ||
| Avg | 45.0% | 26.0% | 3.0% | ||
| Low | 33.4% | 1.0% | -12.5% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 8.29 | 16.53 | 15.08 | ||
| Avg | 7.17 | 11.34 | 11.55 | ||
| Low | 6.15 | 6.53 | 7.53 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 1,084.1% | 130.7% | 33.0% | ||
| Avg | 923.6% | 58.3% | 1.8% | ||
| Low | 779.2% | -8.9% | -33.6% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.