Micron Technology Inc Stock Forecast for 2023 - 2025 - 2030

Updated on 03/28/2024

Stock Rating
3
Price Target
$100.00
Consensus
Outperform
Upside
5.81%
Analysts
23
Stock Rating
3
Upside
5.81%
Analysts
23
Price Target
$100.00

Micron Technology Inc Stock Forecast and Price Target

If Micron Technology Inc's stock price reached the average yearlong target of $100.00 given by Twenty three well-known analysts in recent months, there would be a potential upside of approximately 5.81% from its last closing price in March, 2024. This potential increase is based on a high estimate of $140.00 and a low estimate of $70.00. Even if not interested in MU stock, you may want to be aware of its competitors.

$100.00

5.81% 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 $21.76 to $0.00 – a 100.00% decrease. For the next year, analysts are expecting Fair Value to reach $108.58 – an increase of 100.00%. Over the next seven years, experts predict that Fair Value will grow by 100.00%.

2024 Fair Value Forecast
$108.58
2025 Fair Value Forecast
$101.58
2026 Fair Value Forecast
$69.36
2027 Fair Value Forecast
$61.98
2028 Fair Value Forecast
$59.14
2029 Fair Value Forecast
$71.59
2030 Fair Value Forecast
$71.43
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
NVDA Stock Forecast NVIDIA Buy 16
$857.74 Buy/Sell $673.79 1.72%
AVGO Stock Forecast Broadcom Outperform 8
$1.29k Buy/Sell $1.21k 20.64%
AMD Stock Forecast Advanced Micro Devices Outperform 7
$198.39 Buy/Sell $160.15 -1.71%
QCOM Stock Forecast QUALCOMM Inc Outperform 3
$171.12 Buy/Sell $153.31 -5.16%
INTC Stock Forecast Intel Hold 8
$44.86 Buy/Sell $46.33 0.62%

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 $21.44B to $15.54B – a 27.50% 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 Hold 9
$174.19 Buy/Sell $168.67 -4.47%
ADI Stock Forecast Analog Devices Outperform 10
$198.21 Buy/Sell $211.30 7.94%
MRVL Stock Forecast Marvell Technology Buy 7
$72.36 Buy/Sell $67.63 24.38%

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

In the last two years, 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
XLNX Stock Forecast Xilinx - 0
$193.55 Buy/Sell $181.75 -100.00%
MCHP Stock Forecast Microchip Technology Inc Outperform 10
$90.57 Buy/Sell $92.90 2.79%
MPWR Stock Forecast Monolithic Power Systems Inc Outperform 18
$719.17 Buy/Sell $563.92 8.39%

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

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
ON Stock Forecast ON Semiconductor Corp Outperform 9
$81.60 Buy/Sell $118.88 10.29%
MXIM Stock Forecast Maxim Integrated Products - 18
$103.14 Buy/Sell $86.00 -100.00%
ENPH Stock Forecast Enphase Energy Outperform 14
$128.69 Buy/Sell $121.54 1.02%

Micron Technology Inc EBITDA Forecast for 2023 - 2025 - 2030

Micron Technology Inc's EBITDA has decreased In the last three years, from $8.71B to $2.21B – a 74.62% drop. For next year, analysts predict EBITDA of $25.53B, which would mean an increase of 1054.49%. Over the next seven years, experts predict that Micron Technology Inc's EBITDA will grow at a rate of 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
FSLR Stock Forecast First Solar Outperform 11
$162.16 Buy/Sell $232.38 35.30%
SWKS Stock Forecast Skyworks Solutions Inc Outperform 16
$107.65 Buy/Sell $116.01 8.13%
QRVO Stock Forecast Qorvo Hold 5
$117.49 Buy/Sell $112.46 -2.12%

Micron Technology Inc EBIT Forecast for 2023 - 2025 - 2030

In the last three years, Micron Technology Inc's EBIT has seen a drop from $3.06B to $-5.46B – a 278.40% decrease. According to 6 major analysts, Micron Technology Inc's EBIT will fall by 414.28% in the next year, reaching $17.16B. Professionals believe that By 2030, Micron Technology Inc's EBIT will fall to $12.34B– a 326.11% decrease from its current value.

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
LSCC Stock Forecast Lattice Semiconductor Outperform 16
$80.08 Buy/Sell $74.66 -4.22%
IPHI Stock Forecast Inphi - 12
$0.00 Buy/Sell $182.57 0.00%
AMKR Stock Forecast Amkor Technology Outperform 2
$33.55 Buy/Sell $31.97 4.32%

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 $2.83 to $0.00 – a 100.00% decrease. For the next year, analysts are expecting EPS to reach $14.12 – an increase of 100.00%. Over the next seven years, experts predict that EPS will grow by 100.00%.

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
MTSI Stock Forecast MACOM Technology Solutions Hol... Outperform 11
$92.85 Buy/Sell $88.15 2.32%
ALGM Stock Forecast Allegro MicroSystems Inc Buy 2
$30.97 Buy/Sell $52.57 17.69%
CRUS Stock Forecast Cirrus Logic Buy 16
$92.75 Buy/Sell $92.00 7.82%