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Micron Technology Inc has a consensus price target of $145.36 based on the ratings of 26 analysts. The high is $250 issued by Rosenblatt on September 26, 2024. The low is $67 issued by Exane BNP Paribas on September 12, 2024. The 3 most-recent analyst ratings were released by Keybanc, Cantor Fitzgerald, and Baird on October 8, 2024, October 1, 2024, and September 27, 2024, respectively. With an average price target of $145 between Keybanc, Cantor Fitzgerald, and Baird, there's an implied 48.43% upside for Micron Technology Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Micron Technology (NASDAQ:MU) was reported by Keybanc on October 8, 2024. The analyst firm set a price target for $135.00 expecting MU to rise to within 12 months (a possible 38.19% upside). 100 analyst firms have reported ratings in the last year.
The latest analyst rating for Micron Technology (NASDAQ:MU) was provided by Keybanc, and Micron Technology maintained their overweight rating.
The last upgrade for Micron Technology Inc happened on May 20, 2024 when Morgan Stanley raised their price target to $130. Morgan Stanley previously had an underweight for Micron Technology Inc.
The last downgrade for Micron Technology Inc happened on September 12, 2024 when Exane BNP Paribas changed their price target from $140 to $67 for Micron Technology Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Micron Technology, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Micron Technology was filed on October 8, 2024 so you should expect the next rating to be made available sometime around October 8, 2025.
While ratings are subjective and will change, the latest Micron Technology (MU) rating was a maintained with a price target of $145.00 to $135.00. The current price Micron Technology (MU) is trading at is $97.69, which is out of the analyst’s predicted range.
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