NASDAQ: MU

Micron Technology Inc Stock Forecast, Predictions & Price Target

The consensus among 22 Wall Street analysts covering (NASDAQ: MU) stock is to Strong Buy MU stock.

Out of 22 analysts, 15 (68.18%) are recommending MU as a Strong Buy, 6 (27.27%) are recommending MU as a Buy, 0 (0%) are recommending MU as a Hold, 0 (0%) are recommending MU as a Sell, and 1 (4.55%) are recommending MU as a Strong Sell.

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(NASDAQ: MU) Micron Technology's forecast annual revenue growth rate of 37.05% is forecast to beat the US Semiconductors industry's average forecast revenue growth rate of 28.26%, and it is also forecast to beat the US market's average forecast revenue growth rate of 9.04%.

Micron Technology's revenue in 2024 is $18,312,000,000.On average, 7 Wall Street analysts forecast MU's revenue for 2024 to be $27,158,425,478,740, with the lowest MU revenue forecast at $26,758,443,010,040, and the highest MU revenue forecast at $28,072,888,956,610. On average, 6 Wall Street analysts forecast MU's revenue for 2025 to be $40,205,346,853,943, with the lowest MU revenue forecast at $30,292,851,954,089, and the highest MU revenue forecast at $48,743,022,097,870.

In 2026, MU is forecast to generate $44,935,464,198,968 in revenue, with the lowest revenue forecast at $31,414,073,239,145 and the highest revenue forecast at $58,456,855,158,790.

According to 22 Wall Street analysts that have issued a 1 year MU price target, the average MU price target is $130.27, with the highest MU stock price forecast at $225.00 and the lowest MU stock price forecast at $90.00.

On average, Wall Street analysts predict that Micron Technology's share price could reach $130.27 by May 6, 2025. The average Micron Technology stock price prediction forecasts a potential upside of 7.45% from the current MU share price of $121.24.

(NASDAQ: MU) forecast ROE is N/A, which is considered weak.