Related posts

A choppy yet flat ThursdayMixed TuesdayTSX makes new high, Wall Street mixed
Investor Insights

This summary was created by AI, based on 14 opinions in the last 12 months.

Experts are generally positive about Micron Technology's prospects, with mentions of its exposure to high bandwidth memory needed for AI applications, and its chips being sold out for most of fiscal 2025. Some experts are recommending trailing up the stop and maintaining discipline with targets achieved. Others are cautious about potential volatility but recommend adding at this point. Overall, the stock is seen to have good upside potential and a promising outlook.

Consensus
positive
Valuation
undervalued
HOLD
Micron Technology

Just yesterday, BAC listed it as one of its favourites, with a 12-month price target of $175. His own target is between $155-160. 2/3 of revenue is in DRAM, and that's why it's done so well, especially needed for AI.

computer software / processing
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
Micron Technology
(A Top Pick May 02/24, Up 52.9%)Stockchase Research Editor: Michael O'Reilly

Our PAST TOP PICK with MU has achieved its target at $134.  To remain disciplined, we recommend covering half the position at this time and trailing up the stop (from $101) to $118.  

computer software / processing
SELL
Micron Technology

Pretty fully priced. He's taken profits. You could probably look a little further down the food chain, perhaps at some of the equipment suppliers like ASML or ALAB.

(Analysts’ price target is $128.00)
computer software / processing
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Micron Technology
Stockchase Research Editor: Michael O'Reilly

We reiterate this maker of memory chips as a TOP PICK. It has just released a high capacity "monolithic" chip  that is the first of its kind for critical applications with AI and machine learning.  It trades at 15x earnings and under 3x book value.  We like that quarterly cash reserves remain stable as they aggressively retire debt.  We recommend trailing up the stop (from $82) to $101, looking to achieve $134 -- upside potential of 19%.  Yield 0.4%  

(Analysts’ price target is $133.50)
computer software / processing
TOP PICK
Micron Technology

AI is in its infancy, major driver of profitability. Has come down with the market, so at a relatively good level. Lots of upside on fundamentals and technicals. The price target is $132, but could go as high as $150. This type of name should perform well in this phase of the market. Yield is 0.4%.

(Analysts’ price target is $132.67)
computer software / processing
TOP PICK
Micron Technology

Memory in chips is cyclical, boom/bust. Just came out of a prolonged down cycle. On the other side now. Exposure to high bandwidth memory, needed for AI applications. Chips are sold out for most of fiscal 2025 already. Yield is 0.4%.

(Analysts’ price target is $131.76)
computer software / processing
TRADE
Micron Technology

It is best for the storage component of AI. He likes the short term outlook and it has been getting traction so you could add at this point. It can be quite volatile.

computer software / processing
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
Micron Technology
(A Top Pick Jul 04/23, Up 22.9%)Stockchase Research Editor: Michael O'Reilly

Our PAST TOP PICK with MU has achieved its $75 target.  To remain disciplined, we recommend covering half the position and maintaining the stop at $82.

computer software / processing
BUY
Micron Technology

Is -7% in the past month. The stock bottomed when the CEO said it would. He's more bullish than the CEO, and shares are going higher.

computer software / processing
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
Micron Technology
(A Top Pick Jul 04/23, Up 43.5%)Stockchase Research Editor: Michael O'Reilly

Our PAST TOP PICK with MU is progressing well.  To remain disciplined, we recommend trailing up the stop (from $72) to $82 at this time.  

computer software / processing
PARTIAL BUY
Micron Technology

It can tread water and return to the high-$70s. If there's a PC refresh cycle this year, MU won't stay this long. But some now and more in the high-$70s.

computer software / processing
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
Micron Technology
(A Top Pick Jul 04/23, Up 41%)Stockchase Research Editor: Michael O'Reilly

Our PAST TOP PICK with MU is progressing well.  To remain disciplined, we recommend trailing up the stop (from $64) to $72 at this time.  

computer software / processing
PARTIAL BUY
Micron Technology

They report Wednesday. This has a habit of shares running up till reporting, then it drops after reporting. If you can handle this volatility, buy some before, then after the report. Their prospects are directly tied to a winder economic expansion. Also, there's a new refresh cycle coming in PC sales.

computer software / processing
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
Micron Technology
(A Top Pick Jul 04/23, Up 17.3%)Stockchase Research Editor: Michael O'Reilly

Our PAST TOP PICK with MU has achieved its target at $75.  To remain disciplined, we recommend covering half the position at this time and trailing up the stop (from $61) to $64.  

computer software / processing
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
Micron Technology
(A Top Pick Jul 04/23, Up 12.4%)Stockchase Research Editor: Michael O'Reilly

Our PAST TOP PICK with MU is progressing well.  To remain disciplined, we now recommend trailing up the stop (from $52) to $61 at this time. 

computer software / processing
Showing 1 to 15 of 174 entries

Micron Technology(MU-Q) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 11

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 13

Stockchase rating for Micron Technology is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Micron Technology(MU-Q) Frequently Asked Questions

What is Micron Technology stock symbol?

Micron Technology is a American stock, trading under the symbol MU-Q on the NASDAQ (MU). It is usually referred to as NASDAQ:MU or MU-Q

Is Micron Technology a buy or a sell?

In the last year, 13 stock analysts published opinions about MU-Q. 11 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Micron Technology.

Is Micron Technology a good investment or a top pick?

Micron Technology was recommended as a Top Pick by on . Read the latest stock experts ratings for Micron Technology.

Why is Micron Technology stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Micron Technology worth watching?

13 stock analysts on Stockchase covered Micron Technology In the last year. It is a trending stock that is worth watching.

What is Micron Technology stock price?

On 2024-06-18, Micron Technology (MU-Q) stock closed at a price of $153.45.