15-min delayed · Sep 8, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 30 firms covering Micron Technology Inc, 29 rate it Buy or better, 1 sit at Hold, and 0 rate it Sell or worse, a strong buy consensus. The target range is very wide, $510.00 to $2000.00 (about 3.9x), which points to deep disagreement over how to value the company rather than near-term timing. The average target of $1442.40 sits 44% above the current $999.18. The rating mix has held broadly steady over recent months. On the fundamentals, the Street sees consensus EPS building from about $34.81 next quarter toward $155.03 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS30 ratings
Strong Buy
Strong Buy00%
Buy2997%
Hold13%
Sell00%
Strong Sell00%
Based on 30 analysts giving stock ratings to Micron Technology Inc.
As of Sep, 29 of 30 firms rate MU a Buy (1 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
MU EPS & revenue forecast
EPS · NEXT QUARTER
$34.81
Range $25.64 – $47.81 · 33 analysts · +628% YoY
Next period, 33 analysts expect Micron Technology Inc to earn $34.81 a share (range $25.64 – $47.81), versus $4.78 a year earlier. Full-year consensus is $73.40, growing to $155.03 the year after.
REVENUE · NEXT QUARTER
$56.7B
Range $45.5B – $75.4B · 33 analysts · +315% YoY
Revenue is expected to reach $56.7B (range $45.5B – $75.4B), +315.4% year-over-year., rising to $241.1B next year.
Top analysts covering Micron Technology Inc
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on MU.
#1
N. Quinn Bolton
Needham · Rank #127
Buy
$1650.00+65.1% to target
Overall win rate
39%
+ Follow
#2
Kevin Cassidy
Rosenblatt · Rank #271
Buy
$1500.00+50.1% to target
Overall win rate
35%
+ Follow
#3
Atif Malik
Citigroup
Buy
$1150.00+15.1% to target
Coverage
—
+ Follow
#4
Krish Sankar
TD Cowen
Buy
$1600.00+60.1% to target
Coverage
—
+ Follow
#5
Timothy Arcuri
UBS
Buy
$1625.00+62.6% to target
Coverage
—
+ Follow
MU stock forecast FAQ
What is MU's average 12-month price target?+
The 24 analysts with a live target average $1442.40 for Micron Technology Inc over the next 12 months, ranging from a $2000.00 high to a $510.00 low.
Is MU stock a Buy, Sell or Hold right now?+
The current consensus is Strong Buy. Of the 30 analyst ratings, 29 are Buy or Strong Buy, 1 are Hold, and 0 are Sell or Strong Sell.
What are the highest and lowest price targets for MU?+
The Street-high target is $2000.00 (Cantor Fitzgerald), and the Street-low is $510.00. The average of all 24 active targets is $1442.40.
How many Wall Street analysts cover MU?+
30 analysts have an active rating on Micron Technology Inc, and 24 firms carry a live 12-month price target.
Who is the most accurate analyst covering MU?+
Among analysts who currently cover MU, N. Quinn Bolton of Needham has the strongest overall Quantellect track record (Rank #127). Their current call is Buy with a $1650.00 target.
What is Micron Technology Inc's projected EPS for next quarter?+
The consensus estimate is $34.81 per share (range $25.64 – $47.81) across 33 analysts. Full-year EPS is projected at $73.40, rising to $155.03 the following year.
How much revenue is Micron Technology Inc expected to report next quarter?+
Consensus revenue is $56.7B (range $45.5B – $75.4B). Full-year revenue is projected at —, growing to $241.1B next year.
Have analysts been upgrading or downgrading MU lately?+
As of Sep, 29 of 30 firms rate MU a Buy (1 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their MU calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
