Micron Technology, Inc. (MU)
NASDAQ: MU · Real-Time Price · USD
94.19
-2.75 (-2.84%)
At close: Mar 25, 2025, 4:00 PM
94.20
+0.01 (0.01%)
After-hours: Mar 25, 2025, 7:20 PM EST
Micron Technology Stock Forecast
Stock Price Forecast
The 25 analysts with 12-month price forecasts for Micron Technology stock have an average target of 140.32, with a low estimate of 110 and a high estimate of 250. The average target predicts an increase of 48.98% from the current stock price of 94.19.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Micron Technology stock from 25 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 | Oct '24 | Nov '24 | Dec '24 | Jan '25 | Feb '25 | Mar '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 11 | 11 | 10 | 9 | 9 | 9 |
| Buy | 14 | 14 | 15 | 14 | 14 | 14 |
| Hold | 1 | 1 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 26 | 26 | 27 | 25 | 25 | 25 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Strong Buy Maintains $150 → $120 | Strong Buy | Maintains | $150 → $120 | +27.40% | Mar 21, 2025 |
| Barclays | Barclays | Buy Maintains $110 → $115 | Buy | Maintains | $110 → $115 | +22.09% | Mar 21, 2025 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $91 → $112 | Hold | Maintains | $91 → $112 | +18.91% | Mar 21, 2025 |
| JP Morgan | JP Morgan | Buy Maintains $145 → $135 | Buy | Maintains | $145 → $135 | +43.33% | Mar 21, 2025 |
| Wedbush | Wedbush | Buy Maintains $125 → $130 | Buy | Maintains | $125 → $130 | +38.02% | Mar 21, 2025 |
Financial Forecast
Revenue This Year
35.90B
from 25.11B
Increased by 42.95%
Revenue Next Year
44.84B
from 35.90B
Increased by 24.93%
EPS This Year
7.09
from 0.70
Increased by 912.18%
EPS Next Year
11.11
from 7.09
Increased by 56.83%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 38.3B | 57.2B | 57.2B | ||
| Avg | 35.9B | 44.8B | 46.1B | ||
| Low | 30.5B | 29.7B | 38.9B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 52.7% | 59.4% | 27.5% | ||
| Avg | 42.9% | 24.9% | 2.8% | ||
| Low | 21.3% | -17.3% | -13.3% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 8.31 | 18.90 | 16.94 | ||
| Avg | 7.09 | 11.11 | 11.65 | ||
| Low | 5.50 | 6.25 | 7.46 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 1,086.5% | 166.8% | 52.4% | ||
| Avg | 912.2% | 56.8% | 4.9% | ||
| Low | 685.4% | -11.8% | -32.9% |
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.