Micron Technology Inc Stock Forecast for 2023 - 2025 - 2030

Updated on 12/07/2023

Stock Rating
3
Price Target
$82.00
Consensus
Outperform
Upside
12.13%
Analysts
23
Stock Rating
3
Upside
12.13%
Analysts
23
Price Target
$82.00

Micron Technology Inc Stock Forecast and Price Target

If Micron Technology Inc's stock price reached the average yearlong target of $82.00 given by Twenty three well-known analysts in recent months, there would be a potential upside of approximately 12.13% from its last closing price in December, 2023. This potential increase is based on a high estimate of $110.00 and a low estimate of $65.30. Even if not interested in MU stock, you may want to be aware of its competitors.

$82.00

12.13% Upside

Outperform
Outperform

Micron Technology Inc Fair Value Forecast for 2023 - 2025 - 2030

In the last four years, Micron Technology Inc has seen a decline in its Price, from $46.80 to $0.00 – a 100.00% decrease. For the next year, analysts are expecting Fair Value to reach $104.06 – an increase of 100.00%. Over the next seven years, experts predict that Fair Value will grow by 100.00%.

2024 Fair Value Forecast
$104.06
2025 Fair Value Forecast
$97.36
2026 Fair Value Forecast
$66.48
2027 Fair Value Forecast
$59.40
2028 Fair Value Forecast
$56.68
2029 Fair Value Forecast
$68.61
2030 Fair Value Forecast
$68.46
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
NVDA Stock Forecast NVIDIA Buy 16
$455.03 Buy/Sell $651.41 38.45%
AVGO Stock Forecast Broadcom Outperform 9
$903.64 Buy/Sell $979.92 10.66%
AMD Stock Forecast Advanced Micro Devices Inc Outperform 9
$116.82 Buy/Sell $129.60 11.28%
INTC Stock Forecast Intel Hold 8
$41.27 Buy/Sell $38.16 -7.92%
QCOM Stock Forecast QUALCOMM Inc Outperform 3
$129.96 Buy/Sell $151.99 7.73%

Micron Technology Inc Revenue Forecast for 2023 - 2025 - 2030

In the last three years, Micron Technology Inc has seen a decline in its Revenue, from $23.41B to $15.54B – a 33.61% decrease. For the next year, analysts are expecting Revenue to reach $44.28B – an increase of 184.96%. Over the next seven years, experts predict that Revenue will grow by 149.69%.

2024 Rev Forecast
$44.28B
2025 Rev Forecast
$52.21B
2026 Rev Forecast
$37.19B
2027 Rev Forecast
$41.55B
2028 Rev Forecast
$32.21B
2029 Rev Forecast
$38.53B
2030 Rev Forecast
$38.80B
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
TXN Stock Forecast Texas Instruments Inc Hold 10
$156.05 Buy/Sell $163.74 2.53%
ADI Stock Forecast Analog Devices Outperform 10
$180.57 Buy/Sell $202.00 10.76%
XLNX Stock Forecast Xilinx - 0
$193.55 Buy/Sell $181.75 -100.00%

Micron Technology Inc Dividend per Share Forecast for 2023 - 2025 - 2030

In the last year, Micron Technology Inc's Dividend per Share has grown from $0.01 to $0.46 – a 4500.00% increase. For the next year, 6 analysts project Micron Technology Inc's Dividend per Share to drop by 6.52%, reaching $0.43. Over the next seven years, the forecast is for Dividend per Share to grow by 18.88%.

2024 DPS Forecast
$0.43
2025 DPS Forecast
$0.50
2026 DPS Forecast
$0.54
2027 DPS Forecast
$0.61
2028 DPS Forecast
$0.57
2029 DPS Forecast
$0.55
2030 DPS Forecast
$0.55
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
MRVL Stock Forecast Marvell Technology Group Ltd Outperform 13
$50.43 Buy/Sell $98.81 32.86%
MCHP Stock Forecast Microchip Technology Inc Outperform 17
$83.62 Buy/Sell $96.90 7.63%
ON Stock Forecast ON Semiconductor Corp Outperform 16
$73.44 Buy/Sell $118.88 22.55%

Micron Technology Inc Free Cash Flow Forecast for 2023 - 2025 - 2030

Micron Technology Inc's Free Cash Flow has decreased In the last three years, from $3.41B to $-10.51B – a 408.24% drop. In the following year, 7 experts forecast Micron Technology Inc's Free Cash Flow will decrease by 194.83%, to $9.96B. In 2030, professionals predict that Micron Technology Inc's Free Cash Flow will decrease by 156.96%, to $5.99B.

2024 FCF Forecast
$9.96B
2025 FCF Forecast
$11.14B
2026 FCF Forecast
$4.85B
2027 FCF Forecast
$3.17B
2028 FCF Forecast
$3.87B
2029 FCF Forecast
$6.00B
2030 FCF Forecast
$5.99B
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
MXIM Stock Forecast Maxim Integrated Products - 18
$103.14 Buy/Sell $86.00 -100.00%
MPWR Stock Forecast Monolithic Power Systems Inc Outperform 18
$554.24 Buy/Sell $563.92 0.23%
FSLR Stock Forecast First Solar Outperform 11
$145.29 Buy/Sell $232.38 56.24%

Micron Technology Inc Net Income Forecast for 2023 - 2025 - 2030

In the last three years, Micron Technology Inc's Net Income has fallen from $6.31B to $-5.83B – a 192.40% decrease. According to 8 prominent analysts, Micron Technology Inc's Net Income will fall by 379.10% in the next year, reaching $16.28B. By 2030, professionals believe that Micron Technology Inc's Net Income will decrease by 258.16%, reaching $9.23B – a concerning trend for the company.

2024 NI Forecast
$16.28B
2025 NI Forecast
$10.17B
2026 NI Forecast
$10.06B
2027 NI Forecast
$8.57B
2028 NI Forecast
$8.12B
2029 NI Forecast
$8.77B
2030 NI Forecast
$9.23B
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
SWKS Stock Forecast Skyworks Solutions Inc Outperform 16
$100.30 Buy/Sell $106.00 -0.30%
ENPH Stock Forecast Enphase Energy Outperform 14
$106.77 Buy/Sell $112.83 2.09%
QRVO Stock Forecast Qorvo Inc Hold 5
$97.51 Buy/Sell $97.29 11.68%

Micron Technology Inc EBITDA Forecast for 2023 - 2025 - 2030

In the last three years, Micron Technology Inc's EBITDA has seen a drop from $12.81B to $2.21B – a 82.75% decrease. In the next year, analysts believe that EBITDA will reach $25.53B – an increase of 1054.49%. For the next seven years, the forecast is for EBITDA to grow by 800.24%.

2024 EBITDA Forecast
$25.53B
2025 EBITDA Forecast
$28.38B
2026 EBITDA Forecast
$18.75B
2027 EBITDA Forecast
$18.48B
2028 EBITDA Forecast
$16.76B
2029 EBITDA Forecast
$20.29B
2030 EBITDA Forecast
$19.90B
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
IPHI Stock Forecast Inphi - 12
$0.00 Buy/Sell $182.57 0.00%
LSCC Stock Forecast Lattice Semiconductor Outperform 16
$59.73 Buy/Sell $74.66 23.05%
AMKR Stock Forecast Amkor Technology Outperform 2
$28.05 Buy/Sell $30.63 10.52%

Micron Technology Inc EBIT Forecast for 2023 - 2025 - 2030

In the last three years, Micron Technology Inc's EBIT has gone down from $7.39B to $-5.46B – a 173.87% drop. In the next year, 6 analysts estimate that Micron Technology Inc's EBIT will decrease by 414.28%, reaching $17.16B. According to professional forecasts, in 2030, Micron Technology Inc's EBIT will decrease by 326.11%, reaching $12.34B.

2024 EBIT Forecast
$17.16B
2025 EBIT Forecast
$17.92B
2026 EBIT Forecast
$9.34B
2027 EBIT Forecast
$7.96B
2028 EBIT Forecast
$10.75B
2029 EBIT Forecast
$13.73B
2030 EBIT Forecast
$12.34B
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
MTSI Stock Forecast MACOM Technology Solutions Hol... Outperform 11
$84.17 Buy/Sell $85.85 0.99%
ALGM Stock Forecast Allegro MicroSystems Inc Outperform 2
$26.32 Buy/Sell $52.57 46.09%
WOLF Stock Forecast Wolfspeed Outperform 10
$38.25 Buy/Sell $44.47 11.11%

Micron Technology Inc EPS Price Prediction Forecast for 2023 - 2025 - 2030

In the last four years, Micron Technology Inc has seen a decline in its EPS, from $6.35 to $-4.45 – a 170.08% decrease. According to the 9 analysts polled, in the next year, Micron Technology Inc's EPS will fall by 417.30%, reaching $14.12. By 2030, professionals believe that Micron Technology Inc's EPS will have decreased by 308.73%, falling to $9.29.

2024 EPS Forecast
$14.12
2025 EPS Forecast
$13.21
2026 EPS Forecast
$9.02
2027 EPS Forecast
$8.06
2028 EPS Forecast
$7.69
2029 EPS Forecast
$9.31
2030 EPS Forecast
$9.29
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
IPGP Stock Forecast IPG Photonics Outperform 15
$98.04 Buy/Sell $120.67 17.81%
POWI Stock Forecast Power Integrations Outperform 18
$77.88 Buy/Sell $76.60 2.72%
CRUS Stock Forecast Cirrus Logic Buy 16
$77.73 Buy/Sell $92.00 16.43%