Micron Technology Inc [NASDAQ: MU] surged by $23679878.18 during the normal trading session on Friday and reaching a high of $124.16 during the day while it closed the day at $23680000.0.
Micron Technology Inc stock has also gained 6.39% of its value over the past 7 days. However, MU stock has inclined by 20.00% in the 3 months of the year. Over the past six months meanwhile, it has gained 14.17% and lost -16.39% year-on date.
The market cap for MU stock reached $138.13 billion, with 1.12 billion shares outstanding and 1.11 billion shares in the current float. Compared to the average trading volume of 23.68M shares, MU reached a trading volume of 29290388 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Micron Technology Inc [MU]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for MU shares is $128.16 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on MU stock is a recommendation set at 1.52. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
China Renaissance have made an estimate for Micron Technology Inc shares, keeping their opinion on the stock as Hold, with their previous recommendation back on March 26, 2025. While these analysts kept the previous recommendation, TD Cowen dropped their target price from $135 to $125. The new note on the price target was released on December 19, 2024, representing the official price target for Micron Technology Inc stock. Previously, the target price had yet another drop from $140 to $120, while Needham kept a Buy rating on MU stock. On December 19, 2024, analysts decreased their price target for MU shares from 125 to 110.
The Price to Book ratio for the last quarter was 2.84, with the Price to Cash per share for the same quarter was set at 7.35. Price to Free Cash Flow for MU in the course of the last twelve months was 227.94 with Quick ratio for the last quarter at 1.99.
MU stock trade performance evaluation
Micron Technology Inc [MU] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 6.39. With this latest performance, MU shares gained by 25.99% in over the last four-week period, additionally plugging by 14.17% over the last 6 months – not to mention a rise of 46.86% in the past year of trading.
Micron Technology Inc [MU]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Micron Technology Inc [MU] shares currently have an operating margin of 19.84% and a Gross Margin at 34.84%. Micron Technology Inc’s Net Margin is presently recorded at 14.92%.
Return on Equity for this stock inclined to 6.73%, with Return on Assets sitting at 6.73%.
Earnings per share (EPS) analysis for Micron Technology Inc [MU] stock
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for MU. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Micron Technology Inc go to 106.39%.
Micron Technology Inc [MU]: Institutional Ownership
There are presently around $83.22%, or 83.42%% of MU stock, in the hands of institutional investors. The top three institutional holders of MU stocks are: VANGUARD GROUP INC with ownership of 97.69 million shares, which is approximately 8.8246%. BLACKROCK INC., holding 91.82 million shares of the stock with an approximate value of $$12.08 billion in MU stocks shares; and BLACKROCK INC., currently with $$6.19 billion in MU stock with ownership which is approximately 4.2545%.
