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Micron (MU) Stock Forecast for 2024–2028. Sell or Buy?
Updated: April 17, 2024 (09:37)
Sector: TechnologyThe share price of Micron Technology, Inc. (MU) now
50/200 Day Moving Average: $99.42 / $79.28
This figure corresponds to the Average Price over the previous 50/200 days. For Micron stocks, the 50-day moving average is the support level today.
For Micron stocks, the 200-day moving average is the support level today.
Are you interested in Micron Technology, Inc. stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the Micron stock price in 2024, 2025, 2026, 2027, 2028. How much will one Micron share be worth in 2024 - 2028?
When should I take profit in Micron stock? When should I record a loss on Micron stock? What are analysts' forecasts for Micron stock? What is the future of Micron stock? We forecast Micron stock performance using neural networks based on historical data on Micron stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account.
Micron stock prediction results are shown below and presented in the form of graphs, tables and text information, divided into time intervals. (Next month, 2024, 2025, 2026, 2027 and 2028) The final quotes of the instrument at the close of the previous trading day are a signal to adjust the forecasts for Micron shares. This happens once a day.
Historical and forecast chart of Micron stock
The chart below shows the historical price of Micron stock and a prediction chart for the next month. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the Micron stock price can be found in the table below.
Long-term forecasts by years.
Unlocking the Future of MU Stock: A Deep Dive into Key Growth Catalysts
As we journey through the ever-evolving landscape of the tech industry, Micron Technology (MU) emerges as a beacon of potential, with its stock forecast becoming a hot topic among investors seeking lucrative opportunities. The question on everyone's mind is: "Is MU a good stock to buy?" To forecast MU stock rates effectively, analysts are closely monitoring several pivotal factors and events poised to shape the trajectory of MU's financial performance in the near and distant future.
Decoding the Drivers Behind MU Stock Price Prediction
At the forefront of influencing MU stock price is the commendable bullish support the company has garnered, particularly highlighted by securing the HBM3E contract for Nvidia's upcoming launches. This landmark deal not only signifies strong demand for Micron's memory products but also positions the company to capitalize on significant revenue and earnings growth—factors essential for any MU stock price target consideration.
Moreover, the burgeoning market demand fueled by the generative AI trend presents an unprecedented opportunity for Micron. The critical role of Micron’s memory solutions in powering AI applications and data centers could dramatically sway MU stock forecasts. Analyses are enriched by considering the tangible impact of government subsidies and investments, notably the anticipated $5 billion boost from the CHIPs Act, which could further solidify Micron's fiscal health and innovation trajectory.
For analysts pondering "MU stock buy or sell," leveraging these insights provides a nuanced understanding of market dynamics and Micron's strategic position. Whether it's evaluating revenue and earnings growth, assessing market demand trends, or accounting for external financial support, each factor plays a crucial role in painting a comprehensive picture of MU's stock's future. With these analytics in hand, making an educated MU stock price prediction becomes a clearer, more targeted endeavor, guiding investors on whether to buy or sell Micron stock.
Thus, staying abreast of these key influences is not just about forecasting numbers—it's about unlocking the story of Micron's journey through innovation and market adaptation, providing a refined lens through which to view the potential of MU stock.
Review the original AnalysisA Glimpse into MU's Crystal Ball: Navigating the Cyclical Waves
Forecasting the future path of Micron's (MU) stock rates resembles a high-stakes game of speculation entwined with analytical precision. Analysts peering into MU's future need to navigate through a series of pivotal factors poised to influence its stock trajectory. At the heart of this financial odyssey is the understanding that MU’s fortunes are inherently cyclical, much like the broader semiconductor industry it thrives in. A closer examination reveals a tapestry of events and trends that are key to unlocking the MU stock forecast.
The Tri-Factor Influence on MU's Stock Voyage
Firstly, Wall Street sentiment and analyst recommendations, glowing with optimism, underscore a collective belief in MU's potential windfall from the unfolding AI revolution. This bullish stance, fuelled by expectations of robust demand for memory products, casts a promising light on MU's prospects, making the MU stock price prediction an exercise in optimism. However, seasoned analysts know too well that the cyclical nature of MU's revenue growth harbors a warning - past peaks have often been precursors to steep corrections.
Moreover, lurking in the backdrop are concerns over MU's inventory levels. Elevated inventory poses not just a capital allocation challenge but risks obsolescence and write-downs, factors that savvy observers weigh carefully in their MU stock forecast. Adding a layer of unpredictability is the recent earthquake in Taiwan - a reminder of the geopolitical and natural disruptions that can sway the Micron stock forecast.
In dissecting these factors - the predictive power of Wall Street sentiment, the cyclicality of revenue growth, and the double-edged sword of inventory management (amplified by external shocks like the Taiwan earthquake) - analysts forge their MU stock price predictions. These elements serve as the cornerstone for determining whether MU is a stock to buy or sell, guiding investors through the turbulent but potentially rewarding waters of the semiconductor seas.
- Positive Wall Street sentiment and bullish analyst recommendations
- Cyclical patterns of revenue growth and the historical context of corrections
- High inventory levels and the complex interplay of capital allocation, obsolescence risks, and external interruptions
In the quest for the most accurate MU stock price target, dissecting these intertwined factors offers a roadmap. It is through this nuanced understanding that one can navigate the cyclical ebbs and flows, making an informed decision on whether to buy or sell Micron stock in the oscillating semiconductor landscape.
Review the original AnalysisUnlocking the Future of MU Stocks: Insights and Predictions
The trajectory of Micron's (MU) stock rates has garnered considerable attention, with several critical factors poised to shape the future landscape. As analysts scramble to fine-tune their MU stock forecasts, understanding the intricacies of these elements becomes paramount. Topping the list of influential events is the pronounced supply constraints and escalating demand within the memory product market, notably HBM. This imbalance is anticipated to thrust Micron's prices upwards, presenting a golden opportunity for those eyeing the MU stock price prediction with keen interest.
Navigating Through the Memory Market: A Strategic Overview
Micron's technological superiority and engineering excellence have not gone unnoticed, establishing it as a formidable contender in the memory manufacturing domain. By bypassing traditional EUV lithography yet matching competitors in yield and quality, Micron stands on the brink of market share expansion. This leap in technological prowess is a crucial factor for analysts to consider when making an MU stock buy or sell decision. Additionally, the advent of "real" contracts has solidified supply chain visibility, marking a significant turn from previous uncertainties. Analysts diving into the Micron stock forecast now have a firmer ground to base their predictions on, with these contracts ensuring a more predictable and controlled inventory landscape.
To encapsulate, the near future's influential factors on MU stock rates hinge on the delicate balance of supply-demand dynamics, technological edge, and contractual solidity. For those pondering 'is MU a good stock to buy,' these indicators serve as a beacon, guiding towards a meticulously analyzed and potentially profitable MU stock price target. As the memory sector gears up for an unprecedented upcycle, keeping a close watch on these developments can unlock insightful forecasts for Micron's stock trajectory.
Review the original AnalysisMicron Technology Incorporation manufactures microchips and memory devices such as hard drives and flash drives. The company’s products are sold under the brands Crucial Technology and Lexar.
In 2012 and 2013, Micron Technology entered the TOP 100 Innovative Corporations according to Thomson Reuters, along with Apple, Bayer and Canon. In 2016, the company earned $ 12.4 billion.
In 1978, the Parkinson brothers, David Wilson and Doug Pitman decided to start their own business: advising semiconductor engineers. The partners collected investments and started work. In 1981, they decided to move away from consulting and try themselves in production: they built the first factory and released their own memory carrier – 64K DRAM. Since then, Micron has been developing and manufacturing semiconductor storage devices. In 2005, the company teamed up with Intel to develop new types of memory, in 2011 – repeated the experience. Upon completion of the cooperation, Micron received exclusive rights to all joint developments with Intel.
Micron daily forecast for a month
Date | Target | Pes. | Opt. | Vol., % |
---|---|---|---|---|
Apr 19 | 122.97 | 121.47 | 124.61 | 2.59 |
Apr 20 | 122.67 | 121.84 | 124.09 | 1.85 |
Apr 21 | 121.20 | 119.33 | 122.14 | 2.36 |
Apr 22 | 119.57 | 117.73 | 120.75 | 2.56 |
Apr 23 | 118.98 | 118.00 | 120.67 | 2.26 |
Apr 24 | 119.43 | 117.83 | 120.62 | 2.37 |
Apr 25 | 118.93 | 117.40 | 120.31 | 2.47 |
Apr 26 | 117.95 | 116.96 | 119.25 | 1.96 |
Apr 27 | 117.39 | 116.89 | 118.77 | 1.61 |
Apr 28 | 116.75 | 115.98 | 117.57 | 1.37 |
Apr 29 | 116.40 | 115.31 | 117.38 | 1.80 |
Apr 30 | 116.08 | 114.96 | 116.98 | 1.76 |
May 01 | 116.38 | 115.24 | 118.05 | 2.44 |
May 02 | 116.59 | 115.28 | 117.15 | 1.62 |
May 03 | 118.71 | 117.02 | 119.87 | 2.43 |
May 04 | 120.47 | 119.41 | 120.97 | 1.31 |
May 05 | 122.08 | 121.10 | 123.47 | 1.96 |
May 06 | 123.84 | 123.17 | 125.22 | 1.67 |
May 07 | 124.75 | 123.96 | 125.73 | 1.43 |
May 08 | 123.01 | 121.90 | 124.63 | 2.24 |
May 09 | 122.52 | 120.65 | 123.57 | 2.42 |
May 10 | 122.10 | 120.85 | 123.56 | 2.24 |
May 11 | 123.86 | 122.74 | 125.74 | 2.44 |
May 12 | 124.23 | 123.66 | 125.57 | 1.55 |
May 13 | 125.64 | 123.68 | 126.52 | 2.30 |
May 14 | 127.63 | 126.40 | 129.62 | 2.54 |
May 15 | 125.18 | 124.13 | 126.51 | 1.92 |
May 16 | 122.93 | 121.01 | 124.55 | 2.93 |
May 17 | 124.11 | 123.46 | 124.85 | 1.13 |
May 18 | 124.01 | 123.51 | 125.77 | 1.83 |
Micron Daily Price Targets
Micron Stock Forecast 04-19-2024.
Forecast target price for 04-19-2024: $122.97.
Positive dynamics for Micron shares will prevail with possible volatility of 2.526%.
Pessimistic target level: 121.47
Optimistic target level: 124.61
Micron Stock Forecast 04-20-2024.
Forecast target price for 04-20-2024: $122.67.
Negative dynamics for Micron shares will prevail with possible volatility of 1.819%.
Pessimistic target level: 121.84
Optimistic target level: 124.09
Micron Stock Forecast 04-21-2024.
Forecast target price for 04-21-2024: $121.20.
Negative dynamics for Micron shares will prevail with possible volatility of 2.302%.
Pessimistic target level: 119.33
Optimistic target level: 122.14
Micron Stock Forecast 04-22-2024.
Forecast target price for 04-22-2024: $119.57.
Negative dynamics for Micron shares will prevail with possible volatility of 2.495%.
Pessimistic target level: 117.73
Optimistic target level: 120.75
Micron Stock Forecast 04-23-2024.
Forecast target price for 04-23-2024: $118.98.
Negative dynamics for Micron shares will prevail with possible volatility of 2.209%.
Pessimistic target level: 118.00
Optimistic target level: 120.67
Micron Stock Forecast 04-24-2024.
Forecast target price for 04-24-2024: $119.43.
Positive dynamics for Micron shares will prevail with possible volatility of 2.317%.
Pessimistic target level: 117.83
Optimistic target level: 120.62
MU (MU) Monthly Stock Prediction for 2024
Month | Target | Pes. | Opt. | Vol., % |
---|---|---|---|---|
May. | 127.42 | 122.32 | 133.16 | 8.13 |
Jun. | 125.57 | 121.52 | 129.42 | 6.10 |
Jul. | 130.27 | 125.62 | 135.59 | 7.35 |
Aug. | 128.17 | 120.32 | 136.34 | 11.75 |
Sep. | 120.54 | 113.57 | 127.30 | 10.79 |
Oct. | 124.74 | 120.18 | 130.04 | 7.58 |
Nov. | 129.83 | 121.78 | 136.01 | 10.47 |
Dec. | 134.69 | 127.93 | 141.21 | 9.40 |
Micron forecast for this year
Micron Stock Prediction for May 2024
An uptrend is forecast for this month with an optimal target price of $127.415. Pessimistic: $122.32. Optimistic: $133.16
Micron Stock Prediction for Jun 2024
An downtrend is forecast for this month with an optimal target price of $125.574. Pessimistic: $121.52. Optimistic: $129.42
Micron Stock Prediction for Jul 2024
An uptrend is forecast for this month with an optimal target price of $130.27. Pessimistic: $125.62. Optimistic: $135.59
Micron Stock Prediction for Aug 2024
An downtrend is forecast for this month with an optimal target price of $128.166. Pessimistic: $120.32. Optimistic: $136.34
Micron Stock Prediction for Sep 2024
An downtrend is forecast for this month with an optimal target price of $120.54. Pessimistic: $113.57. Optimistic: $127.30
Micron Stock Prediction for Oct 2024
An uptrend is forecast for this month with an optimal target price of $124.741. Pessimistic: $120.18. Optimistic: $130.04
Micron Stock Prediction for Nov 2024
An uptrend is forecast for this month with an optimal target price of $129.831. Pessimistic: $121.78. Optimistic: $136.01
Micron Stock Prediction for Dec 2024
An uptrend is forecast for this month with an optimal target price of $134.686. Pessimistic: $127.93. Optimistic: $141.21
Micron (MU) Monthly Stock Prediction for 2025
Month | Target | Pes. | Opt. | Vol., % |
---|---|---|---|---|
Jan | 133.20 | 130.93 | 136.71 | 4.22 |
Feb | 133.31 | 125.72 | 136.03 | 7.58 |
Mar | 135.58 | 127.51 | 141.11 | 9.64 |
Apr | 134.31 | 130.09 | 138.31 | 5.94 |
May | 136.94 | 130.42 | 145.08 | 10.11 |
Jun | 138.45 | 131.39 | 147.86 | 11.14 |
Jul | 140.92 | 132.30 | 145.35 | 8.98 |
Aug | 137.45 | 130.09 | 144.46 | 9.95 |
Sep | 135.11 | 131.09 | 139.93 | 6.32 |
Oct | 142.46 | 134.23 | 149.12 | 9.99 |
Nov | 150.94 | 146.57 | 156.58 | 6.39 |
Dec | 148.50 | 141.30 | 156.45 | 9.68 |
Micron (MU) Monthly Stock Prediction for 2026
Month | Target | Pes. | Opt. | Vol., % |
---|---|---|---|---|
Jan | 141.43 | 133.62 | 151.05 | 11.54 |
Feb | 146.24 | 140.27 | 154.82 | 9.39 |
Mar | 137.29 | 128.19 | 140.56 | 8.80 |
Apr | 138.69 | 132.91 | 146.59 | 9.33 |
May | 134.45 | 130.67 | 136.96 | 4.59 |
Jun | 129.53 | 124.25 | 133.94 | 7.23 |
Jul | 124.03 | 121.29 | 128.14 | 5.35 |
Aug | 121.60 | 117.67 | 128.63 | 8.52 |
Sep | 119.22 | 111.93 | 122.87 | 8.91 |
Oct | 123.18 | 117.31 | 127.57 | 8.04 |
Nov | 119.51 | 115.35 | 126.52 | 8.83 |
Dec | 120.43 | 114.49 | 122.68 | 6.68 |
Micron (MU) Monthly Stock Prediction for 2027
Month | Target | Pes. | Opt. | Vol., % |
---|---|---|---|---|
Jan | 123.91 | 116.53 | 131.17 | 11.16 |
Feb | 119.38 | 116.64 | 126.08 | 7.49 |
Mar | 125.47 | 119.92 | 131.55 | 8.84 |
Apr | 129.09 | 123.39 | 132.27 | 6.72 |
May | 135.13 | 129.38 | 139.49 | 7.25 |
Jun | 137.19 | 134.51 | 145.71 | 7.68 |
Jul | 147.46 | 140.94 | 156.73 | 10.08 |
Aug | 141.06 | 135.55 | 147.54 | 8.13 |
Sep | 131.11 | 125.09 | 133.79 | 6.50 |
Oct | 135.01 | 128.36 | 140.41 | 8.58 |
Nov | 137.54 | 129.24 | 140.34 | 7.91 |
Dec | 144.79 | 140.60 | 148.85 | 5.54 |
Micron (MU) Monthly Stock Prediction for 2028
Month | Target | Pes. | Opt. | Vol., % |
---|---|---|---|---|
Jan | 153.89 | 149.58 | 162.00 | 7.67 |
Feb | 153.37 | 148.94 | 160.41 | 7.15 |
Mar | 149.72 | 144.25 | 158.88 | 9.21 |
Apr | 154.68 | 149.95 | 158.23 | 5.23 |
May | 158.89 | 153.08 | 165.91 | 7.73 |
Jun | 161.86 | 154.84 | 172.04 | 10.00 |
Jul | 168.47 | 157.01 | 171.76 | 8.59 |
Aug | 174.34 | 169.59 | 185.60 | 8.62 |
Sep | 176.56 | 168.46 | 179.71 | 6.26 |
Oct | 172.81 | 163.11 | 181.62 | 10.19 |
Nov | 177.95 | 169.48 | 183.54 | 7.66 |
Dec | 183.24 | 173.74 | 189.63 | 8.38 |
Micron information and performance
8000 S FEDERAL WAY, PO BOX 6, BOISE, ID, US
Market capitalization of the Micron Technology, Inc. is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of MU shares in the company outstanding by the market price of one share.
EBITDA of Micron is earnings before interest, income tax and depreciation of assets.
P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit
Price/earnings to growth
Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.
Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.
EPS shows how much of the net profit is accounted for by the common share.
Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.
Forward P/E uses projections of future earnings instead of final numbers.
Enterprise Value (EV) /Revenue
The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).
Number of issued ordinary shares
Number of freely tradable shares
Shares Short Prior Month - the number of shares in short positions in the last month.
Micron (MU) stock dividend
Micron last paid dividends on 03/28/2024. The next scheduled payment will be on 04/16/2024. The amount of dividends is $0.46 per share. If the date of the next dividend payment has not been updated, it means that the issuer has not yet announced the exact payment. As soon as information becomes available, we will immediately update the data. Bookmark our portal to stay updated.
Last Split Date: 01/01/1970
Splitting of shares is an increase in the number of securities of the issuing company circulating on the market due to a decrease in their value at constant capitalization.
For example, a 5: 1 ratio means that the value of one share will decrease 5 times, the total amount will increase 5 times. It is important to understand that this procedure does not change the capitalization of the company, as well as the total value of assets held in private hands.
Related stocks from Technology sector
All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and, moreover, are not trading signals. When using the forecast data, the investor assumes all financial risks. The pandaforecast.com portal is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.