Micron Technology (MU)
(Delayed Data from NSDQ)
$125.29 USD
-2.60 (-2.03%)
Updated May 17, 2024 04:00 PM ET
After-Market: $125.42 +0.13 (0.10%) 7:58 PM ET
2-Buy of 5 2
D Value B Growth F Momentum D VGM
Micron (MU) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$130.95 | $225.00 | $85.00 | 2.39% |
Price Target
Based on short-term price targets offered by 25 analysts, the average price target for Micron comes to $130.95. The forecasts range from a low of $85.00 to a high of $225.00. The average price target represents an increase of 2.39% from the last closing price of $127.89.
Analyst Price Targets (25)
Broker Rating
Micron currently has an average brokerage recommendation (ABR) of 1.17 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 27 brokerage firms. The current ABR compares to an ABR of 1.24 a month ago based on 28 recommendations.
Of the 27 recommendations deriving the current ABR, 24 are Strong Buy and two are Buy. Strong Buy and Buy respectively account for 88.89% and 7.41% of all recommendations. A month ago, Strong Buy made up 85.71%, while Buy represented 7.14%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 24 | 24 | 24 | 24 | 22 |
Buy | 2 | 2 | 2 | 2 | 2 |
Hold | 0 | 0 | 1 | 1 | 2 |
Sell | 1 | 1 | 1 | 1 | 1 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 1.17 | 1.17 | 1.24 | 1.24 | 1.32 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
5/6/2024 | Robert W. Baird & Co. | Tristan Gerra | Hold | Strong Buy |
3/21/2024 | Piper Sandler | Harsh Kumar | Strong Buy | Strong Buy |
3/21/2024 | Argus Research Corp. | James N Kelleher | Not Available | Strong Buy |
3/21/2024 | Needham & Company | Nathaniel Q Bolton | Moderate Buy | Moderate Buy |
3/21/2024 | KeyBanc Capital Markets | John Vinh | Strong Buy | Strong Buy |
3/18/2024 | Rosenblatt Securities | Hans Mosesmann | Strong Buy | Strong Buy |
3/18/2024 | Cantor Fitzgerald & Co | Christopher J Muse | Strong Buy | Strong Buy |
3/12/2024 | Wedbush Securities | Matthew Bryson | Strong Buy | Strong Buy |
3/1/2024 | Mizuho SecuritiesUSA | Vijay R Rakesh | Strong Buy | Strong Buy |
1/19/2024 | Raymond James | Srini Pajjuri | Moderate Buy | Moderate Buy |
1/9/2024 | New Street Research | Pierre C Ferragu | Strong Buy | Strong Buy |
12/21/2023 | Evercore Partners | Matthew P Prisco | Not Available | Strong Buy |
12/18/2023 | Susquehanna Financial Group | Mehdi Hosseini | Strong Buy | Strong Buy |
9/1/2023 | Summit Insights Group | Kinngai Chan | Strong Buy | Strong Buy |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 1.17 |
ABR (Last week) | 1.17 |
# of Recs in ABR | 27 |
Average Target Price | $132.56 |
LT Growth Rate | NA |
Industry | Semiconductor Memory |
Industry Rank by ABR | 1 of 252 |
Current Quarter EPS Est: | 0.46 |