Demystifying Micron Technology: Insights From 21 Analyst Reviews

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Across the recent three months, 21 analysts have shared their insights on Micron Technology MU, expressing a variety of opinions spanning from bullish to bearish.

In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 8 10 3 0 0
Last 30D 0 0 1 0 0
1M Ago 0 0 0 0 0
2M Ago 8 10 2 0 0
3M Ago 0 0 0 0 0

The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $135.1, a high estimate of $250.00, and a low estimate of $91.00. Observing a downward trend, the current average is 10.42% lower than the prior average price target of $150.81.

price target chart

Exploring Analyst Ratings: An In-Depth Overview

The standing of Micron Technology among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Joseph Moore Morgan Stanley Lowers Equal-Weight $91.00 $98.00
Tom O'Malley Barclays Lowers Overweight $110.00 $145.00
Harsh Kumar Piper Sandler Lowers Overweight $120.00 $150.00
Joseph Moore Morgan Stanley Lowers Equal-Weight $98.00 $114.00
Krish Sankar TD Cowen Lowers Buy $125.00 $135.00
Harlan Sur JP Morgan Lowers Overweight $145.00 $180.00
Matthew Prisco Cantor Fitzgerald Lowers Overweight $130.00 $150.00
Brian Chin Stifel Lowers Buy $130.00 $135.00
Toshiya Hari Goldman Sachs Lowers Buy $128.00 $145.00
Aaron Rakers Wells Fargo Lowers Overweight $140.00 $175.00
Timothy Arcuri UBS Lowers Buy $125.00 $135.00
Vivek Arya B of A Securities Lowers Neutral $110.00 $125.00
Vijay Rakesh Mizuho Lowers Outperform $115.00 $135.00
Matt Bryson Wedbush Lowers Outperform $125.00 $140.00
Hans Mosesmann Rosenblatt Maintains Buy $250.00 $250.00
Tristan Gerra Baird Lowers Outperform $130.00 $150.00
Quinn Bolton Needham Lowers Buy $120.00 $140.00
Mark Li Bernstein Lowers Outperform $120.00 $140.00
Hans Mosesmann Rosenblatt Maintains Buy $250.00 $250.00
Matt Bryson Wedbush Maintains Outperform $140.00 $140.00
Brian Chin Stifel Maintains Buy $135.00 $135.00

Key Insights:

  • Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Micron Technology. This information provides a snapshot of how analysts perceive the current state of the company.
  • Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Micron Technology compared to the broader market.
  • Price Targets: Delving into movements, analysts provide estimates for the future value of Micron Technology's stock. This analysis reveals shifts in analysts' expectations over time.

Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Micron Technology's market standing. Stay informed and make data-driven decisions with our Ratings Table.

Stay up to date on Micron Technology analyst ratings.

Unveiling the Story Behind Micron Technology

Micron is one of the largest semiconductor companies in the world, specializing in memory and storage chips. Its primary revenue stream comes from dynamic random access memory, or DRAM, and it also has minority exposure to not-and or NAND, flash chips. Micron serves a global customer base, selling chips into data centers, mobile phones, consumer electronics, and industrial and automotive applications. The firm is vertically integrated.

Micron Technology's Economic Impact: An Analysis

Market Capitalization Analysis: Reflecting a smaller scale, the company's market capitalization is positioned below industry averages. This could be attributed to factors such as growth expectations or operational capacity.

Revenue Growth: Micron Technology's revenue growth over a period of 3 months has been noteworthy. As of 30 November, 2024, the company achieved a revenue growth rate of approximately 84.28%. This indicates a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Information Technology sector.

Net Margin: Micron Technology's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 21.47%, the company showcases strong profitability and effective cost management.

Return on Equity (ROE): Micron Technology's ROE excels beyond industry benchmarks, reaching 4.07%. This signifies robust financial management and efficient use of shareholder equity capital.

Return on Assets (ROA): Micron Technology's ROA excels beyond industry benchmarks, reaching 2.65%. This signifies efficient management of assets and strong financial health.

Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.31.

How Are Analyst Ratings Determined?

Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.

Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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