Micron Technology, Inc. (MU)
$990.21+0.03%
Market signal
Bullish
BearishBullish
The outlook
Micron is trading well above its moving averages and near the upper half of its 52-week range, reflecting strong upward momentum. Analysts overwhelmingly favor the stock with a Strong Buy consensus, and the average price target sits roughly 52% above the current level. The overall market signal leans decidedly bullish, though the stock carries a trailing P/E of 21.7.
What's behind the signal
Analyst consensusStrong Buy — 1.4 avg of 42 analysts
Price trendAbove its 50- & 200-day averages
52-week range77% of the way from its 52-week low to high
Price targetAvg target +52% vs current price
Market cap
—
52-wk high
$1,255.00
52-wk low
$103.38
50-day avg
$952.30
200-day avg
$498.41
Trailing P/E
21.7