15-min delayed · Jul 28, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 31 firms covering Micron Technology Inc, 29 rate it Buy or better, 2 sit at Hold, and 0 rate it Sell or worse, a moderate 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 $1463.96 sits 78% above the current $820.34. The rating mix has stayed broadly stable, with Buy-side ratings easing from 30 to 29 over recent months. On the fundamentals, the Street sees consensus EPS building from about $34.87 next quarter toward $153.74 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS31 ratings
Moderate Buy
Strong Buy00%
Buy2994%
Hold26%
Sell00%
Strong Sell00%
Based on 31 analysts giving stock ratings to Micron Technology Inc.
As of Jul, 29 of 31 firms rate MU a Buy (2 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
MU EPS & revenue forecast
EPS · NEXT QUARTER
$34.87
Range $25.64 – $47.81 · 31 analysts · +629% YoY
Next period, 31 analysts expect Micron Technology Inc to earn $34.87 a share (range $25.64 – $47.81), versus $4.78 a year earlier. Full-year consensus is $73.44, growing to $153.74 the year after.
REVENUE · NEXT QUARTER
$56.7B
Range $45.5B – $75.4B · 31 analysts · +316% YoY
Revenue is expected to reach $56.7B (range $45.5B – $75.4B), +315.7% year-over-year. Full-year consensus is $129.8B, rising to $238.8B 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 #118
Buy
$1650.00+101.1% to target
Overall win rate
37%
+ Follow
#2
Kevin Cassidy
Rosenblatt · Rank #193
Buy
$1500.00+82.9% to target
Overall win rate
36%
+ Follow
#3
Krish Sankar
TD Cowen
Buy
$1600.00+95.0% to target
Coverage
—
+ Follow
#4
CM
C.J. Muse
Cantor Fitzgerald
Buy
$2000.00+143.8% to target
Coverage
—
+ Follow
#5
Atif Malik
Citigroup
Buy
$1400.00+70.7% to target
Coverage
—
+ Follow
MU stock forecast FAQ
What is MU's average 12-month price target?+
The 23 analysts with a live target average $1463.96 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 Moderate Buy. Of the 31 analyst ratings, 29 are Buy or Strong Buy, 2 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 23 active targets is $1463.96.
How many Wall Street analysts cover MU?+
31 analysts have an active rating on Micron Technology Inc, and 23 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 #118). 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 $34.87 per share (range $25.64 – $47.81) across 31 analysts. Full-year EPS is projected at $73.44, rising to $153.74 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 $129.8B, growing to $238.8B next year.
Have analysts been upgrading or downgrading MU lately?+
As of Jul, 29 of 31 firms rate MU a Buy (2 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.
