Micron Technology Inc [MU] stock prices are up 6.16% to $77.42 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The MU shares have gain 11.67% over the last week, with a monthly amount drifted -17.80%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Micron Technology Inc [NASDAQ: MU] stock has seen the most recent analyst activity on March 26, 2025, when China Renaissance downgraded its rating to a Hold but kept the price target unchanged to $84 for it. Previously, TD Cowen reaffirmed its Buy rating on December 19, 2024, and dropped its price target to $125. On December 19, 2024, Needham reiterated its Buy rating and revised its price target to $120 on the stock. BofA Securities downgraded its rating to a Neutral and decreased its price target to $110 on December 19, 2024. China Renaissance initiated its recommendation with a Buy and recommended $148 as its price target on October 28, 2024. TD Cowen reiterated a Buy rating for this stock on September 26, 2024, and upped its price target to $135. In a note dated September 19, 2024, TD Cowen reiterated an Buy rating on this stock and revised its target price from $160 to $115.
The stock price of Micron Technology Inc [MU] has been fluctuating between $61.54 and $157.54 over the past year. Currently, Wall Street analysts expect the stock to reach $124.5 within the next 12 months. Micron Technology Inc [NASDAQ: MU] shares were valued at $77.42 at the most recent close of the market. An investor can expect a potential return of 60.81% based on the average MU price forecast.
Analyzing the MU fundamentals
The Micron Technology Inc [NASDAQ:MU] reported sales of 31.32B for trailing twelve months, representing a surge of 38.27%. Gross Profit Margin for this corporation currently stands at 0.35% with Operating Profit Margin at 0.2%, Pretax Profit Margin comes in at 0.17%, and Net Profit Margin reading is 0.15%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.1 and Total Capital is 0.09. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.3.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 74.82 points at the first support level, and at 72.21 for the second support level. However, for the 1st resistance point, the stock is sitting at 78.81, and for the 2nd resistance point, it is at 80.19.
Ratios To Look Out For
It’s worth pointing out that Micron Technology Inc [NASDAQ:MU]’s Current Ratio is 3.13. Further, the Quick Ratio stands at 1.99, while the Cash Ratio is 0.96. Considering the valuation of this stock, the price to sales ratio is 2.76, the price to book ratio is 1.78 and price to earnings (TTM) ratio is 18.61.
Transactions by insiders
Recent insider trading involved ARNZEN APRIL S, EVP and Chief People Officer, that happened on Mar 25 ’25 when 15000.0 shares were sold. Officer, ARNZEN APRIL S completed a deal on Mar 25 ’25 to buy 15000.0 shares. Meanwhile, SVP, Chief Legal Officer RAY MICHAEL CHARLES sold 6525.0 shares on Mar 14 ’25.
