Micron (MU) stock forecast for 2024

The forecast has been updated: September 22, 2022 7:59


Micron stock price online today

Analyst Target Price

73

Dividend Date

26.07.2022

Ex Dividend Date

08.07.2022

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 $73 target price for Micron stock stock.

Today 200 Day Moving Average is the resistance level (73.13 $).

50 Day Moving Average is the resistance level (59.64 $).




MU Forecast for 2024

Month Rate Forecast MIN Rate MAX Rate Volati-
lity, %
Jan 52.24 48.29 56.63 14.72 %
Feb 55.53 50.79 58.25 12.81 %
Mar 59.65 56.06 63.99 12.40 %
Apr 64.24 61.73 70.45 12.38 %
May 64.33 57.13 71.00 19.54 %
Jun 65.87 61.25 71.21 13.98 %
Jul 67.43 60.92 72.53 16.01 %
Aug 71.49 66.79 76.20 12.35 %
Sep 67.39 62.11 69.28 10.35 %
Oct 72.95 65.40 76.53 14.55 %
Nov 73.36 67.30 76.75 12.31 %
Dec 70.18 65.07 73.52 11.49 %

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

58 301 473 000 $

EBITDA

18 032 001 000

PE Ratio

6.03

PEG Ratio

0.797

Dividend Per Share

0.415

Dividend Yield

0.0087

EPS

8.77

Quarterly Earnings Growth YOY

0.539

Quarterly Revenue Growth YOY

0.164

Trailing PE

6.03

Forward PE

6.19

EV To Revenue

1.713

EV To EBITDA

3.083

52 Week High

98.12

52 Week Low

51.3

50 Day Moving Average

59.64

200 Day Moving Average

73.13

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 2024.
Estimated Average Forecasted Micron Price: 52.24. Positive monthly dynamics of the instrument is expected with 14.723% volatility is expected.

Pessimistic forecast: 48.29

Optimistic: 56.63


Micron stock forecast for Feb 2024.
Estimated Average Forecasted Micron Price: 55.53. Positive monthly dynamics of the instrument is expected with 12.812% volatility is expected.

Pessimistic forecast: 50.79

Optimistic: 58.25


Micron stock forecast for Mar 2024.
Estimated Average Forecasted Micron Price: 59.65. Positive monthly dynamics of the instrument is expected with 12.398% volatility is expected.

Pessimistic forecast: 56.06

Optimistic: 63.99


Micron stock forecast for Apr 2024.
Estimated Average Forecasted Micron Price: 64.24. Positive monthly dynamics of the instrument is expected with 12.384% volatility is expected.

Pessimistic forecast: 61.73

Optimistic: 70.45


Micron stock forecast for May 2024.
Estimated Average Forecasted Micron Price: 64.33. Positive monthly dynamics of the instrument is expected with 19.536% volatility is expected.

Pessimistic forecast: 57.13

Optimistic: 71.00


Micron stock forecast for Jun 2024.
Estimated Average Forecasted Micron Price: 65.87. Positive monthly dynamics of the instrument is expected with 13.984% volatility is expected.

Pessimistic forecast: 61.25

Optimistic: 71.21


Micron stock forecast for Jul 2024.
Estimated Average Forecasted Micron Price: 67.43. Positive monthly dynamics of the instrument is expected with 16.010% volatility is expected.

Pessimistic forecast: 60.92

Optimistic: 72.53


Micron stock forecast for Aug 2024.
Estimated Average Forecasted Micron Price: 71.49. Positive monthly dynamics of the instrument is expected with 12.347% volatility is expected.

Pessimistic forecast: 66.79

Optimistic: 76.20


Micron stock forecast for Sep 2024.
Estimated Average Forecasted Micron Price: 67.39. Negative monthly dynamics of the instrument is expected with 10.350% volatility is expected.

Pessimistic forecast: 62.11

Optimistic: 69.28


Micron stock forecast for Oct 2024.
Estimated Average Forecasted Micron Price: 72.95. Positive monthly dynamics of the instrument is expected with 14.547% volatility is expected.

Pessimistic forecast: 65.40

Optimistic: 76.53


Micron stock forecast for Nov 2024.
Estimated Average Forecasted Micron Price: 73.36. Positive monthly dynamics of the instrument is expected with 12.311% volatility is expected.

Pessimistic forecast: 67.30

Optimistic: 76.75


Micron stock forecast for Dec 2024.
Estimated Average Forecasted Micron Price: 70.18. Negative monthly dynamics of the instrument is expected with 11.493% volatility is expected.

Pessimistic forecast: 65.07

Optimistic: 73.52



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