Micron (MU) Stock Forecast for 2024–2028. Sell or Buy Prediction







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Micron (MU) Stock Forecast for 2024–2028. Sell or Buy?

Updated: April 20, 2024 (09:37)

Sector: Technology

The share price of Micron Technology, Inc. (MU) now

Latest session on the 19th of April for
Micron Technology, Inc. is negative
Trading Volume: 33787517
Open: 109.66 /  High: 110.88 /  Low: 105.72
What analysts predict: $135.89
52-week High/Low: $130.54 / $57.69

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 MU Stock Forecast: Navigating the Future of Memory Chips and AI

Trend: Bullish
Apr 19, 2024

As we stand at the cusp of technological revolutions, Micron Technology (MU) finds itself at the heart of the burgeoning markets for data centers and Artificial Intelligence (AI). The question on every investor's mind is: what's the future of MU stock? Understanding the nuances of this question involves dissecting several key elements poised to influence the trajectory of MU stock rates directly.

The Pillars of Prediction: Mapping Out MU's Stock Trajectory

The dynamic nature of the memory chip market underscores the immediate future of MU stock prices. A delicate balance between supply and demand sets the stage, where a surge in demand against a backdrop of limited supply could vault chip prices, and consequently, Micron's profitability. Moreover, the expanding universe of AI applications—from data centers to smartphones—illuminates growth avenues, marking Micron's potential for multi-year expansion and making the MU stock forecast a compelling narrative for investors.

Central to crafting an accurate MU stock price prediction are Micron's financial fundamentals. Analysts poring over revenue growth, gross margins, and operating expenses can glean insights into the firm's profitability outlook. Acknowledging the inherent risks of commoditization and competition within the memory chip industry is crucial, as these factors inject volatility into stock prices. Additionally, geopolitical landscapes and specific market challenges, exemplified by Micron's restrictions in China, demand attention.

Finally, the valuation metrics and market sentiment weave the last piece of the puzzle. While current P/S and P/E ratios might ring alarm bells of overvaluation for some, the anticipation of an upcycle in the memory market coupled with Micron's sustained profitability could tilt the scales, making MU stock a buy for forward-looking investors.

In dissecting these elements, analysts can chart a course for the most accurate MU stock price prediction, turning the cacophony of market data into a harmonized forecast. Whether labeling MU stock a buy or sell or pinpointing the MU stock price target, the interplay of market dynamics, technological advancement, and economic indicators holds the key.

  • Performance of the memory chip market
  • Growth in AI applications
  • Micron's financial health
  • Industry risks and geopolitical challenges
  • Valuation and market sentiment

In essence, understanding the multifaceted landscape in which MU operates allows for an informed MU stock price prediction, offering a strategic vantage point for investors navigating the complex world of tech investments.

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Unlocking the Future of MU Stock: A Deep Dive into Key Growth Catalysts

Trend: Neutral
Apr 16, 2024

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.

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A Glimpse into MU's Crystal Ball: Navigating the Cyclical Waves

Trend: Bearish
Apr 14, 2024

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.

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About author

Micron 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.

Official site of the company

Micron daily forecast for a month

Date Target Pes. Opt. Vol., %
Apr 22 107.00 105.45 108.41 2.80
Apr 23 106.52 105.91 107.82 1.81
Apr 24 106.38 105.93 107.23 1.23
Apr 25 105.50 105.04 106.24 1.14
Apr 26 104.95 103.80 105.84 1.96
Apr 27 104.01 102.97 105.65 2.61
Apr 28 104.63 103.19 105.35 2.09
Apr 29 104.68 103.21 106.33 3.02
Apr 30 105.85 104.81 106.76 1.86
May 01 105.74 104.14 106.33 2.11
May 02 104.92 104.37 106.13 1.69
May 03 104.41 103.70 105.25 1.49
May 04 104.12 103.54 105.29 1.69
May 05 104.95 104.12 106.07 1.87
May 06 104.60 103.11 105.08 1.91
May 07 104.12 102.64 105.51 2.80
May 08 104.39 103.32 105.45 2.06
May 09 104.32 102.78 105.95 3.09
May 10 102.43 100.85 103.63 2.76
May 11 102.49 101.07 103.74 2.64
May 12 101.87 100.53 102.83 2.29
May 13 101.53 99.92 102.36 2.44
May 14 100.92 99.46 102.17 2.72
May 15 101.16 100.37 102.05 1.67
May 16 101.38 100.43 101.89 1.45
May 17 102.11 101.17 102.97 1.78
May 18 102.11 100.87 102.95 2.07
May 19 101.81 101.01 103.35 2.32
May 20 101.03 99.46 101.96 2.52
May 21 99.96 98.74 100.78 2.07

Micron Daily Price Targets


Micron Stock Forecast 04-22-2024.

Forecast target price for 04-22-2024: $107.00.
Positive dynamics for Micron shares will prevail with possible volatility of 2.724%.
Pessimistic target level: 105.45
Optimistic target level: 108.41

Micron Stock Forecast 04-23-2024.

Forecast target price for 04-23-2024: $106.52.
Negative dynamics for Micron shares will prevail with possible volatility of 1.779%.
Pessimistic target level: 105.91
Optimistic target level: 107.82

Micron Stock Forecast 04-24-2024.

Forecast target price for 04-24-2024: $106.38.
Negative dynamics for Micron shares will prevail with possible volatility of 1.211%.
Pessimistic target level: 105.93
Optimistic target level: 107.23

Micron Stock Forecast 04-25-2024.

Forecast target price for 04-25-2024: $105.50.
Negative dynamics for Micron shares will prevail with possible volatility of 1.131%.
Pessimistic target level: 105.04
Optimistic target level: 106.24

Micron Stock Forecast 04-26-2024.

Forecast target price for 04-26-2024: $104.95.
Negative dynamics for Micron shares will prevail with possible volatility of 1.924%.
Pessimistic target level: 103.80
Optimistic target level: 105.84

Micron Stock Forecast 04-27-2024.

Forecast target price for 04-27-2024: $104.01.
Negative dynamics for Micron shares will prevail with possible volatility of 2.540%.
Pessimistic target level: 102.97
Optimistic target level: 105.65

MU (MU) Monthly Stock Prediction for 2024

Month Target Pes. Opt. Vol., %
May. 114.16 108.72 118.13 7.97
Jun. 121.53 118.12 128.55 8.12
Jul. 126.59 123.58 128.74 4.01
Aug. 121.75 117.92 125.89 6.33
Sep. 124.85 117.11 131.01 10.61
Oct. 134.62 126.84 142.97 11.28
Nov. 144.34 138.09 147.66 6.48
Dec. 148.76 141.05 152.93 7.77

Micron forecast for this year


Micron Stock Prediction for May 2024

An uptrend is forecast for this month with an optimal target price of $114.155. Pessimistic: $108.72. Optimistic: $118.13


Micron Stock Prediction for Jun 2024

An uptrend is forecast for this month with an optimal target price of $121.529. Pessimistic: $118.12. Optimistic: $128.55


Micron Stock Prediction for Jul 2024

An uptrend is forecast for this month with an optimal target price of $126.591. Pessimistic: $123.58. Optimistic: $128.74


Micron Stock Prediction for Aug 2024

An downtrend is forecast for this month with an optimal target price of $121.749. Pessimistic: $117.92. Optimistic: $125.89


Micron Stock Prediction for Sep 2024

An uptrend is forecast for this month with an optimal target price of $124.853. Pessimistic: $117.11. Optimistic: $131.01


Micron Stock Prediction for Oct 2024

An uptrend is forecast for this month with an optimal target price of $134.617. Pessimistic: $126.84. Optimistic: $142.97


Micron Stock Prediction for Nov 2024

An uptrend is forecast for this month with an optimal target price of $144.343. Pessimistic: $138.09. Optimistic: $147.66


Micron Stock Prediction for Dec 2024

An uptrend is forecast for this month with an optimal target price of $148.76. Pessimistic: $141.05. Optimistic: $152.93



Micron (MU) Monthly Stock Prediction for 2025

Month Target Pes. Opt. Vol., %
Jan 145.73 143.25 150.18 4.62
Feb 137.43 135.09 140.00 3.50
Mar 133.22 124.28 140.58 11.60
Apr 127.67 121.92 134.62 9.43
May 127.13 123.67 129.72 4.66
Jun 126.70 121.74 134.34 9.38
Jul 131.65 127.18 136.24 6.65
Aug 138.81 135.04 144.36 6.46
Sep 140.70 132.21 148.71 11.10
Oct 142.73 140.07 150.26 6.78
Nov 139.70 130.32 146.94 11.31
Dec 133.29 125.25 141.33 11.38

Micron (MU) Monthly Stock Prediction for 2026

Month Target Pes. Opt. Vol., %
Jan 136.35 129.63 144.81 10.48
Feb 136.81 134.25 145.65 7.82
Mar 142.51 139.48 148.69 6.19
Apr 147.96 138.03 150.60 8.35
May 143.81 136.60 150.53 9.26
Jun 145.77 142.05 151.34 6.14
Jul 147.75 139.84 150.76 7.25
Aug 152.14 145.16 161.33 10.02
Sep 157.83 149.11 162.40 8.18
Oct 148.44 145.92 152.10 4.07
Nov 142.26 138.15 149.52 7.60
Dec 144.92 135.19 152.68 11.46

Micron (MU) Monthly Stock Prediction for 2027

Month Target Pes. Opt. Vol., %
Jan 149.11 141.12 156.59 9.87
Feb 150.38 147.18 158.68 7.25
Mar 157.02 150.75 165.43 8.87
Apr 167.57 164.29 173.69 5.41
May 163.72 158.71 169.01 6.09
Jun 172.21 161.23 179.68 10.26
Jul 167.82 158.69 177.09 10.39
Aug 166.68 156.48 174.75 10.46
Sep 172.20 163.57 177.33 7.76
Oct 178.20 171.84 188.05 8.62
Nov 173.51 167.76 178.23 5.88
Dec 183.54 176.21 189.00 6.77

Micron (MU) Monthly Stock Prediction for 2028

Month Target Pes. Opt. Vol., %
Jan 198.05 192.66 210.17 8.33
Feb 189.63 177.70 201.07 11.62
Mar 184.31 177.10 196.22 9.74
Apr 198.57 194.52 202.28 3.84
May 197.05 185.32 206.26 10.15
Jun 196.71 189.36 205.74 7.96
Jul 189.52 184.21 196.61 6.31
Aug 174.70 170.54 185.10 7.86
Sep 181.98 173.47 185.38 6.43
Oct 180.59 171.07 183.96 7.01
Nov 167.54 160.99 178.22 9.67
Dec 173.95 168.03 184.30 8.82

Micron information and performance

Micron Address

8000 S FEDERAL WAY, PO BOX 6, BOISE, ID, US

Market Capitalization: 135 674 970 000 $

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: 3 663 000 000 $

EBITDA of Micron is earnings before interest, income tax and depreciation of assets.

PE Ratio: None

P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit

PEG Ratio: 1.115

Price/earnings to growth

DPS: 0.46

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.

DY: 0.0038

Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.

EPS: -3.44

EPS shows how much of the net profit is accounted for by the common share.

Quarterly Earnings Growth YOY: -0.432
Quarterly Revenue Growth YOY: 0.577
Trailing PE: -

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 PE: 333.33

Forward P/E uses projections of future earnings instead of final numbers.

EV To Revenue: 7.7

Enterprise Value (EV) /Revenue

EV To EBITDA: 34.72

The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).

Shares Outstanding: 1107370000

Number of issued ordinary shares

Shares Float: N/A

Number of freely tradable shares

Shares Short Prior Month: N/A

Shares Short Prior Month - the number of shares in short positions in the last month.

Short Ratio: N/A
Percent Insiders: N/A
Percent Institutions: N/A

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 Factor:

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.




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Disclaimer:

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.