Micron (MU) stock forecast for 2024

The forecast has been updated: January 30, 2023 9:38


Micron stock price online today

Analyst Target Price

64.17

Dividend Date

19.01.2023

Ex Dividend Date

30.12.2022

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 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 $64.17 target price for Micron stock stock.

Today 200 Day Moving Average is the resistance level (59.46 $).

50 Day Moving Average is the resistance level (55.73 $).




MU Forecast for 2024

Month Rate Forecast MIN Rate MAX Rate Volati-
lity, %
Jan 62.16 60.52 63.69 4.98 %
Mar 60.74 59.70 61.92 3.58 %
Mar 61.15 58.39 65.15 10.37 %
Apr 62.66 59.67 66.65 10.47 %
May 63.61 61.94 67.56 8.32 %
Jun 66.97 64.63 68.73 5.96 %
Jul 67.08 62.80 69.53 9.68 %
Aug 66.05 62.74 70.55 11.06 %
Sep 65.16 62.44 68.59 8.96 %
Oct 62.33 60.16 63.55 5.34 %
Nov 59.89 56.59 63.36 10.69 %
Dec 59.03 57.17 60.43 5.40 %

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

69 693 669 000 $

EBITDA

14 205 000 000

PE Ratio

11.55

PEG Ratio

1.115

Dividend Per Share

0.445

Dividend Yield

0.0073

EPS

5.53

Quarterly Earnings Growth YOY

-0.432

Quarterly Revenue Growth YOY

-0.469

Trailing PE

11.55

Forward PE

454.55

EV To Revenue

1.877

EV To EBITDA

3.421

52 Week High

95.76

52 Week Low

48.24

50 Day Moving Average

55.73

200 Day Moving Average

59.46

Shares Outstanding

1091180000

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: 62.16. Negative monthly dynamics of the instrument is expected with 4.977% volatility is expected.

Pessimistic forecast: 60.52

Optimistic: 63.69


Micron stock forecast for Mar 2024.
Estimated Average Forecasted Micron Price: 60.74. Negative monthly dynamics of the instrument is expected with 3.585% volatility is expected.

Pessimistic forecast: 59.70

Optimistic: 61.92


Micron stock forecast for Mar 2024.
Estimated Average Forecasted Micron Price: 61.15. Positive monthly dynamics of the instrument is expected with 10.371% volatility is expected.

Pessimistic forecast: 58.39

Optimistic: 65.15


Micron stock forecast for Apr 2024.
Estimated Average Forecasted Micron Price: 62.66. Positive monthly dynamics of the instrument is expected with 10.468% volatility is expected.

Pessimistic forecast: 59.67

Optimistic: 66.65


Micron stock forecast for May 2024.
Estimated Average Forecasted Micron Price: 63.61. Positive monthly dynamics of the instrument is expected with 8.323% volatility is expected.

Pessimistic forecast: 61.94

Optimistic: 67.56


Micron stock forecast for Jun 2024.
Estimated Average Forecasted Micron Price: 66.97. Positive monthly dynamics of the instrument is expected with 5.963% volatility is expected.

Pessimistic forecast: 64.63

Optimistic: 68.73


Micron stock forecast for Jul 2024.
Estimated Average Forecasted Micron Price: 67.08. Positive monthly dynamics of the instrument is expected with 9.676% volatility is expected.

Pessimistic forecast: 62.80

Optimistic: 69.53


Micron stock forecast for Aug 2024.
Estimated Average Forecasted Micron Price: 66.05. Negative monthly dynamics of the instrument is expected with 11.063% volatility is expected.

Pessimistic forecast: 62.74

Optimistic: 70.55


Micron stock forecast for Sep 2024.
Estimated Average Forecasted Micron Price: 65.16. Negative monthly dynamics of the instrument is expected with 8.963% volatility is expected.

Pessimistic forecast: 62.44

Optimistic: 68.59


Micron stock forecast for Oct 2024.
Estimated Average Forecasted Micron Price: 62.33. Negative monthly dynamics of the instrument is expected with 5.336% volatility is expected.

Pessimistic forecast: 60.16

Optimistic: 63.55


Micron stock forecast for Nov 2024.
Estimated Average Forecasted Micron Price: 59.89. Negative monthly dynamics of the instrument is expected with 10.687% volatility is expected.

Pessimistic forecast: 56.59

Optimistic: 63.36


Micron stock forecast for Dec 2024.
Estimated Average Forecasted Micron Price: 59.03. Negative monthly dynamics of the instrument is expected with 5.396% volatility is expected.

Pessimistic forecast: 57.17

Optimistic: 60.43



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