Micron (MU) stock forecast for 2023

The forecast has been updated: October 3, 2022 9:37


Micron stock price online today

Analyst Target Price

68.9

Dividend Date

26.07.2022

Ex Dividend Date

07.10.2022

Last Split Factor

Last Split Date

01.01.1970

Should you buy or sell Micron stock stock today? What is the projected target price level for 2023? How much will it cost in 2023? Micron stock Stock Monthly Prediction for January, February, March, April, May, July, July, August, September, October, November and December 2023.

We predict the dynamics of the stock market value using resonant artificial intelligence systems.

Technical, fundamental analyzes, news background, general geopolitical situation in the world and other factors are taken into account.

Forecasts are adjusted once a day taking into account the price change of the previous day.

To date, analysts have a $68.9 target price for Micron stock stock.

Today 200 Day Moving Average is the resistance level (71.44 $).

50 Day Moving Average is the resistance level (57.6 $).




MU Forecast for 2023

Month Rate Forecast MIN Rate MAX Rate Volati-
lity, %
Jan 50.17 47.14 53.54 11.95 %
Feb 45.90 44.85 46.68 3.93 %
Mar 44.15 42.57 45.09 5.58 %
Apr 43.62 42.36 46.48 8.86 %
May 44.92 41.90 47.67 12.09 %
Jun 45.11 43.23 46.07 6.16 %
Jul 45.57 43.01 47.00 8.49 %
Aug 46.04 45.06 48.42 6.95 %
Sep 43.53 40.76 46.49 12.34 %
Oct 41.50 40.68 43.05 5.49 %
Nov 39.91 37.81 41.50 8.91 %
Dec 38.45 37.80 39.69 4.78 %

The forecasts table above shows the forecast values of the company's stock price for each month. The Rate Forecast column displays the Optimal Average Forecast Price. The MIN Rate column displays a pessimistic forecast for this month. “MAX Rate” is an optimistic forecast. The % Volatility column represents the approximate monthly volatility of Micron stock.


Micron overview

Micron Address

8000 S FEDERAL WAY, PO BOX 6, BOISE, ID, US

Market Capitalization

55 267 811 000 $

EBITDA

16 866 000 000

PE Ratio

6.46

PEG Ratio

1.115

Dividend Per Share

0.43

Dividend Yield

0.0092

EPS

7.75

Quarterly Earnings Growth YOY

-0.437

Quarterly Revenue Growth YOY

-0.197

Trailing PE

6.46

Forward PE

8.65

EV To Revenue

1.738

EV To EBITDA

3.167

52 Week High

98.12

52 Week Low

48.45

50 Day Moving Average

57.6

200 Day Moving Average

71.44

Shares Outstanding

1103150000

Shares Float

Shares Short Prior Month

Short Ratio

Percent Insiders

Percent Institutions

Micron stock forecast for this year


Micron stock forecast for Jan 2023.
Estimated Average Forecasted Micron Price: 50.17. Positive monthly dynamics of the instrument is expected with 11.948% volatility is expected.

Pessimistic forecast: 47.14

Optimistic: 53.54


Micron stock forecast for Feb 2023.
Estimated Average Forecasted Micron Price: 45.90. Negative monthly dynamics of the instrument is expected with 3.928% volatility is expected.

Pessimistic forecast: 44.85

Optimistic: 46.68


Micron stock forecast for Mar 2023.
Estimated Average Forecasted Micron Price: 44.15. Negative monthly dynamics of the instrument is expected with 5.577% volatility is expected.

Pessimistic forecast: 42.57

Optimistic: 45.09


Micron stock forecast for Apr 2023.
Estimated Average Forecasted Micron Price: 43.62. Negative monthly dynamics of the instrument is expected with 8.855% volatility is expected.

Pessimistic forecast: 42.36

Optimistic: 46.48


Micron stock forecast for May 2023.
Estimated Average Forecasted Micron Price: 44.92. Positive monthly dynamics of the instrument is expected with 12.095% volatility is expected.

Pessimistic forecast: 41.90

Optimistic: 47.67


Micron stock forecast for Jun 2023.
Estimated Average Forecasted Micron Price: 45.11. Positive monthly dynamics of the instrument is expected with 6.159% volatility is expected.

Pessimistic forecast: 43.23

Optimistic: 46.07


Micron stock forecast for Jul 2023.
Estimated Average Forecasted Micron Price: 45.57. Positive monthly dynamics of the instrument is expected with 8.488% volatility is expected.

Pessimistic forecast: 43.01

Optimistic: 47.00


Micron stock forecast for Aug 2023.
Estimated Average Forecasted Micron Price: 46.04. Positive monthly dynamics of the instrument is expected with 6.950% volatility is expected.

Pessimistic forecast: 45.06

Optimistic: 48.42


Micron stock forecast for Sep 2023.
Estimated Average Forecasted Micron Price: 43.53. Negative monthly dynamics of the instrument is expected with 12.336% volatility is expected.

Pessimistic forecast: 40.76

Optimistic: 46.49


Micron stock forecast for Oct 2023.
Estimated Average Forecasted Micron Price: 41.50. Negative monthly dynamics of the instrument is expected with 5.490% volatility is expected.

Pessimistic forecast: 40.68

Optimistic: 43.05


Micron stock forecast for Nov 2023.
Estimated Average Forecasted Micron Price: 39.91. Negative monthly dynamics of the instrument is expected with 8.909% volatility is expected.

Pessimistic forecast: 37.81

Optimistic: 41.50


Micron stock forecast for Dec 2023.
Estimated Average Forecasted Micron Price: 38.45. Negative monthly dynamics of the instrument is expected with 4.776% volatility is expected.

Pessimistic forecast: 37.80

Optimistic: 39.69



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