Stocklytics Platform
Asset logo for symbol MU
Micron Technology
MU60
$109.46arrow_drop_up1.87%$2.01
S&P500
Asset logo for symbol MU
MU60

$109.46

arrow_drop_up1.87%

AI Deep-Learning Forecast (MU)

Analyst Forecast

Period: Next 12 Months

Analyst Ratings

Micron Technology (MU) Stocklytics Forecast

A popular stock in the technology sector, Micron Technology Inc (MU) has been the subject of much speculation regarding its future stock price. Analysts and AI algorithms have been employed to generate price predictions and forecasts for MU. These predictions are based on various factors such as historical data, market trends, and the company's financial performance. While these predictions should be taken with a grain of salt, they can provide investors with some insights into the potential future of MU's stock price. According to the forecasts, MU's stock price is expected to experience a positive growth trajectory in the coming years. Experts predict that the stock will continue to perform well and reach a favorable price target by 2023. However, it is important to consider other factors such as market volatility and economic conditions before making any investment decisions.
As with any investment, it is crucial to conduct thorough research and analysis before deciding whether MU is a good buy. Investors should carefully evaluate the company's fundamentals, financial health, and competitive position in the market. Analyst ratings can also provide valuable insights into the stock's potential. While MU has received positive analyst ratings, it is important to note that these ratings are subjective and based on individual opinions. Therefore, investors should consider the overall consensus of analyst ratings and conduct further research to make an informed decision. Overall, with its promising future outlook, MU could be a good buy for investors looking to invest in the technology sector.
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Frequently Asked Questions

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What is the analyst price prediction for Micron Technology (MU) stock?
Analysts have set a target price of $96.13 for Micron Technology (MU), based on forecasts from 29 analysts. The predicted price range extends from a high of $140 to a low of $74.75. This represents a potential increase of up to 27.9% and a decrease of -31.71% from the current price of $109.46. These forecasts are as of 2023 Nov 29.
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What are the analyst ratings for Micron Technology (MU) stock?
The analyst ratings for Micron Technology (MU) are distributed as follows: 28 analysts recommend buying, 3 have a neutral stance, and 0 suggest selling. The prevailing sentiment among the total of 31 analysts leans towards a buy rating. These ratings indicate the general sentiment among the analysts covering Micron Technology .
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What is the AI price prediction for Micron Technology (MU) stock?
At present, there is no AI or machine-learning-based price prediction available for Micron Technology (MU) stock. The lack of a forecast could stem from various factors, such as inadequate data or the necessity for model recalibration.
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