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Investor Insights

This summary was created by AI, based on 16 opinions in the last 12 months.

The experts have a mixed opinion on Micron Technology. Some believe that it is a top pick with significant potential upside, while others recommend selling at the current price. The company's performance is directly tied to the economic expansion and PC sales. There is also anticipation surrounding an upcoming PC refresh cycle. Overall, the consensus is that Micron has the potential for growth, but there is some uncertainty in the short term.

Consensus
Mixed
Valuation
Fair Value
Similar
AMD, AMD-Q
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
BUY ON WEAKNESS
Micron Technology

He took profits and doesn't own it now. Are the king of DRAM, making up 66% of their business. Te stock has done very well. He's looking to get back at $62.

computer software / processing
BUY ON WEAKNESS
Micron Technology

He sold a third of his holding. The king of DRAM semis. Likes it, but buy it cheaper. By the end of the year buy it at $60 then $55. 

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 MU, one of the world's largest producers of computer memory chips, as a TOP PICK.  Although the sector is in a cyclical slow down, the company continues to build cash reserves, buy back stock and retire its debt.  It trades at under 2x book.  We continue to recommend a stop at $52, looking to achieve $75 -- 17% potential upside.  Yield 0.7%  

(Analysts’ price target is $74.79)
computer software / processing
BUY ON WEAKNESS
Micron Technology

Probably pretty good upside. Forming a cup and has broken out of the neckline. Because the sector's overbought, he wouldn't be surprised if it pulled back to the neckline, which would be a good place to buy. Great-looking chart.

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 Jun 07/22, Up 7.7%)Stockchase Research Editor: Michael O'Reilly

Our PAST TOP PICK with MU is progressing well.  We recommend trailing up the stop (from $45) to $52 at this time.  

computer software / processing
BUY
Micron Technology
Forecast for semis

The decline in demand for PCs is unsustainable, and we've moved past the phase of cheap computes for our homes during Covid. If Samsung indeed cuts production, there will be a Q3 upside surprise in computers and semis. Whenever the semis cycle turns positive, Micron goes from the worst performer to the best. Buy this now.

computer software / processing
BUY
Micron Technology

Both Samsung and Micron are pulling back in production, so history tells us we are within two quarters before semis bottom in pricing. Can't tell the exact timing, but you need to start buying Micron NOW, which is why shares jumped today even after a lousy quarter. Semis are a boom and bust business with gluts and shortages. Highly cyclical.

computer software / processing
Showing 1 to 15 of 167 entries

Micron Technology(MU-Q) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 16

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 16

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, 16 stock analysts published opinions about MU-Q. 16 analysts recommended to BUY the stock. 0 analysts 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?

16 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 2024-03-18, Micron Technology (MU-Q) stock closed at a price of $93.77.