Micron (MU) stock forecast for 2024

The forecast has been updated: May 29, 2023 9:38


Micron stock price online today

Analyst Target Price

68.7

Dividend Date

25.04.2023

Ex Dividend Date

06.04.2023

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 2024? How much will it cost in 2024? Micron stock Stock Monthly Prediction for January, February, March, April, May, July, July, August, September, October, November and December 2024.

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 $68.7 target price for Micron stock stock.

Today 200 Day Moving Average is the support level (57.69 $).

50 Day Moving Average is the resistance level (62.03 $).




MU Forecast for 2024

Month Rate Forecast MIN Rate MAX Rate Volati-
lity, %
Jan 74.59 71.99 76.05 5.34 %
Feb 77.63 74.86 81.99 8.69 %
Mar 71.43 68.21 73.56 7.26 %
Apr 73.25 68.33 76.24 10.37 %
May 72.38 70.97 76.93 7.76 %
Jun 73.55 71.49 77.05 7.22 %
Jul 71.67 68.69 74.42 7.70 %
Aug 74.60 70.16 76.12 7.83 %
Sep 72.95 71.65 75.12 4.62 %
Oct 78.16 76.36 81.28 6.05 %
Nov 78.96 77.41 84.32 8.20 %
Dec 82.58 78.65 87.63 10.25 %

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

80 908 255 000 $

EBITDA

9 642 000 000

PE Ratio

52.43

PEG Ratio

1.115

Dividend Per Share

0.46

Dividend Yield

0.0066

EPS

1.41

Quarterly Earnings Growth YOY

-0.432

Quarterly Revenue Growth YOY

-0.526

Trailing PE

52.43

Forward PE

454.55

EV To Revenue

1.877

EV To EBITDA

3.421

52 Week High

74.78

52 Week Low

48.14

50 Day Moving Average

62.03

200 Day Moving Average

57.69

Shares Outstanding

1094390000

Shares Float

Shares Short Prior Month

Short Ratio

Percent Insiders

Percent Institutions

Micron stock forecast for this year


Micron stock forecast for Jan 2024.
Estimated Average Forecasted Micron Price: 74.59. Positive monthly dynamics of the instrument is expected with 5.336% volatility is expected.

Pessimistic forecast: 71.99

Optimistic: 76.05


Micron stock forecast for Feb 2024.
Estimated Average Forecasted Micron Price: 77.63. Positive monthly dynamics of the instrument is expected with 8.692% volatility is expected.

Pessimistic forecast: 74.86

Optimistic: 81.99


Micron stock forecast for Mar 2024.
Estimated Average Forecasted Micron Price: 71.43. Negative monthly dynamics of the instrument is expected with 7.264% volatility is expected.

Pessimistic forecast: 68.21

Optimistic: 73.56


Micron stock forecast for Apr 2024.
Estimated Average Forecasted Micron Price: 73.25. Positive monthly dynamics of the instrument is expected with 10.372% volatility is expected.

Pessimistic forecast: 68.33

Optimistic: 76.24


Micron stock forecast for May 2024.
Estimated Average Forecasted Micron Price: 72.38. Negative monthly dynamics of the instrument is expected with 7.757% volatility is expected.

Pessimistic forecast: 70.97

Optimistic: 76.93


Micron stock forecast for Jun 2024.
Estimated Average Forecasted Micron Price: 73.55. Positive monthly dynamics of the instrument is expected with 7.221% volatility is expected.

Pessimistic forecast: 71.49

Optimistic: 77.05


Micron stock forecast for Jul 2024.
Estimated Average Forecasted Micron Price: 71.67. Negative monthly dynamics of the instrument is expected with 7.696% volatility is expected.

Pessimistic forecast: 68.69

Optimistic: 74.42


Micron stock forecast for Aug 2024.
Estimated Average Forecasted Micron Price: 74.60. Positive monthly dynamics of the instrument is expected with 7.830% volatility is expected.

Pessimistic forecast: 70.16

Optimistic: 76.12


Micron stock forecast for Sep 2024.
Estimated Average Forecasted Micron Price: 72.95. Negative monthly dynamics of the instrument is expected with 4.622% volatility is expected.

Pessimistic forecast: 71.65

Optimistic: 75.12


Micron stock forecast for Oct 2024.
Estimated Average Forecasted Micron Price: 78.16. Positive monthly dynamics of the instrument is expected with 6.048% volatility is expected.

Pessimistic forecast: 76.36

Optimistic: 81.28


Micron stock forecast for Nov 2024.
Estimated Average Forecasted Micron Price: 78.96. Positive monthly dynamics of the instrument is expected with 8.198% volatility is expected.

Pessimistic forecast: 77.41

Optimistic: 84.32


Micron stock forecast for Dec 2024.
Estimated Average Forecasted Micron Price: 82.58. Positive monthly dynamics of the instrument is expected with 10.253% volatility is expected.

Pessimistic forecast: 78.65

Optimistic: 87.63



Other Technology sector assets

Name Symbol Last Close Price Change
Adobe Inc.
ADBE 415.39 (26.05.2023) 5.95 %
Alteryx, Inc.
AYX 35.83 (26.05.2023) -3.79 %
Advanced Micro Devices, Inc.
AMD 127.03 (26.05.2023) 5.55 %
Apple Inc.
AAPL 175.43 (26.05.2023) 1.41 %
ASML Holding N.V.
ASML 735.93 (26.05.2023) 3.87 %
Autodesk, Inc.
ADSK 198.9 (26.05.2023) 0.68 %
Bionano Genomics, Inc.
BNGO 0.637 (26.05.2023) -2.00 %
Broadcom Inc.
AVGO 812.73 (26.05.2023) 11.52 %
Cadence Design Systems, Inc.
CDNS 228.33 (26.05.2023) 1.71 %
Canaan Inc.
CAN 1.89 (26.05.2023) -26.74 %
Cisco Systems, Inc.
CSCO 49.86 (26.05.2023) 1.69 %
Citrix Systems, Inc.
CTXS 103.9 (02.11.2022) 0.00 %
Coupang, Inc.
CPNG 15.73 (26.05.2023) 2.48 %
CrowdStrike Holdings, Inc.
CRWD 154.12 (26.05.2023) 3.01 %
DocuSign, Inc.
DOCU 55 (26.05.2023) 3.11 %
Enphase Energy, Inc.
ENPH 165.2 (26.05.2023) 0.37 %
First Solar, Inc.
FSLR 201.77 (26.05.2023) 0.41 %
Fiserv, Inc.
FISV 113.77 (26.05.2023) 0.85 %
Genasys Inc.
GNSS 2.77 (26.05.2023) 5.73 %
GoPro, Inc.
GPRO 4.11 (26.05.2023) 4.58 %
Hewlett Packard Enterprise Comp.
HPE 15.34 (26.05.2023) 4.57 %
International Business Machines Corp.
IBM 128.89 (26.05.2023) 1.68 %
Ideanomics, Inc.
IDEX 0.038 (26.05.2023) -6.86 %
Intel Corp.
INTC 29 (26.05.2023) 5.84 %
Logitech International S.A.
LOGI 65.82 (26.05.2023) 2.17 %
MaxLinear, Inc.
MXL 29.72 (26.05.2023) 4.39 %
Micron Technology, Inc.
MU 73.93 (26.05.2023) 6.21 %
Microsoft Inc.
MSFT 332.89 (26.05.2023) 2.14 %
Nano Dimension Ltd.
NNDM 2.38 (26.05.2023) 0.85 %
nCino, Inc.
NCNO 27.42 (26.05.2023) 0.66 %
Nokia Corp.
NOK 4.02 (26.05.2023) 1.52 %
Nuance Communications, Inc.
NUAN 55.99 (04.03.2022) 0.00 %
NVIDIA Corp.
NVDA 389.46 (26.05.2023) 2.54 %
Okta, Inc.
OKTA 88.1 (26.05.2023) 4.17 %
Opendoor Technologies Inc.
OPEN 2.36 (26.05.2023) 1.72 %
Palantir Technologies Inc.
PLTR 13.65 (26.05.2023) 6.31 %
Palo Alto Networks, Inc.
PANW 211.7 (26.05.2023) 1.79 %
QUALCOMM, Inc.
QCOM 110.35 (26.05.2023) 6.09 %
Riot Blockchain, Inc.
RIOT 10.92 (26.05.2023) -1.36 %
SailPoint Technologies Holdings, Inc.
SAIL 65.24 (16.08.2022) 0.00 %
salesforce.com, inc.
CRM 215.44 (26.05.2023) 2.63 %
ServiceNow, Inc.
NOW 537.46 (26.05.2023) 1.07 %
Shopify Inc.
SHOP 59.26 (26.05.2023) 2.69 %
ShotSpotter, Inc.
SSTI 27.44 (26.05.2023) 4.49 %
Skillz Inc.
SKLZ 0.4991 (26.05.2023) -0.68 %
Slack Technologies, Inc.
WORK 45.2 (21.07.2021) 0.00 %
Snowflake Inc.
SNOW 150.01 (26.05.2023) 1.42 %
SolarEdge Technologies, Inc.
SEDG 294.41 (26.05.2023) -0.86 %
Sony Corp.
SNE 95.98 (26.05.2023) 0.99 %
Splunk Inc.
SPLK 99.58 (26.05.2023) 4.05 %
Square, Inc.
SQ 59 (26.05.2023) -0.51 %
Sunnova Energy Inter. Inc.
NOVA 16.48 (26.05.2023) 1.85 %
Sunrun Inc.
RUN 16.83 (26.05.2023) 1.02 %
Synopsys, Inc.
SNPS 444.73 (26.05.2023) 2.43 %
Taiwan Semiconductor Manufacturing Company Lim.
TSM 103.21 (26.05.2023) 2.24 %
Uber Technologies, Inc.
UBER 38.45 (26.05.2023) 1.32 %
Unity Software Inc.
U 27.65 (26.05.2023) 2.14 %
Upland Software, Inc.
UPLD 2.86 (26.05.2023) -1.38 %
Workday, Inc.
WDAY 216.07 (26.05.2023) 10.01 %
Zscaler, Inc.
ZS 130.62 (26.05.2023) 3.10 %

Warning: include(include/reklama_bottom.php): failed to open stream: No such file or directory in /home/virtwww/w_leoprophet-com_a7e4ac46/http/wp-content/themes/generatepress/forecast_stock_post_year.php on line 808 Warning: include(): Failed opening 'include/reklama_bottom.php' for inclusion (include_path='.:') in /home/virtwww/w_leoprophet-com_a7e4ac46/http/wp-content/themes/generatepress/forecast_stock_post_year.php on line 808

Denial of responsibility:

The portal leoprophet.com is not responsible for the loss of your money as a result of your use of the information contained on the site, including data, quotes, charts and forecasts. Operations in the stock, foreign exchange and commodity markets involve a high level of risk, and you are solely responsible for your operations. Only speculate with money that you can afford to lose. All prices and forecasts for stocks, indices, futures are indicative and should not be trade dependent. The portal is not responsible for any losses that you may incur as a result of using this data.