Stock Price & Analysis

Based on the latest market data and analysis, here's a direct assessment of MU stock:

Technical Analysis The stock closed at $105.75 on Friday (Jan 17, 2025), showing strong momentum with a 3.07% gain. The stock has formed a solid support level around $102.50 and resistance at $105.88. The current price action suggests a bullish trend continuation pattern.

Fundamental Drivers

• Data center revenue grew 400% YoY and 40% sequentially
• HBM (High Bandwidth Memory) market expected to grow 4x by 2028 ($16B to $100B)
• Management expects PC units to grow mid-single-digits in CY2025, weighted toward second half

Valuation Metrics

The stock currently trades at a forward P/E of 14x, which appears attractive given its growth potential in AI and data center segments.

Analyst Consensus

Out of 23 analysts covering MU:

• 15 Strong Buy (65.22%)
• 6 Buy (26.09%)
• 2 Hold (8.7%) The average price target is $134.61, suggesting a 27.29% upside potential.

Buy Recommendation MU stock appears attractive for purchase at current levels for these key reasons:

1. Strong positioning in HBM market with expected share gains to 20% by end of FY25
2. Attractive valuation relative to semiconductor peers
3. Strong analyst consensus with over 91% buy ratings
4. Technical indicators showing positive momentum

Risk Factors

• Weak near-term guidance for Q2 FY25
• Cyclical nature of semiconductor industry
• Potential China-related trade tensions

Based on the provided data and market analysis, here is the price prediction for Micron Technology (MU) in 2025:

MU stock is expected to reach $134.80 by the end of 2025, driven by strong AI-related memory demand and HBM revenue growth. The company's recent 84% revenue surge and 400% growth in data center segment, coupled with its strategic partnership with Nvidia for the new Blackwell platform, supports this bullish outlook. The ongoing data center capex boom and MU's sold-out HBM position for calendar year 2025 further reinforces this price target.

The S1 support level for MU Stock is $95.39 ,The R1 resistant level for MU Stock is $108.98.

As of the end of day on 2025-01-24, the price of MU Stock was $102.96.

The target price for MU Stock according to analyst rating is 136.00, with the highest price target at 250.00 and the lowest at 98.00. Analysts have a Strong Buy rating on MU Stock overall.

The market cap of MU is $115.0B.

Based on the provided data and current market conditions, let me analyze whether MU is overvalued:

Technical Analysis

Valuation Assessment MU currently trades at forward P/E of 28.18x for Q1 2025, which shows significant improvement from Q4 2024's 137.33x. The EV/EBITDA ratio has also improved to 9.44x from 12.61x, indicating better operational efficiency.

Price-Sales and Price-Book Analysis The P/S ratio of 3.81x and P/B ratio of 2.34x are relatively reasonable for a semiconductor company in the current market environment, especially considering the AI-driven demand surge.

Analyst Consensus Recent analyst actions show strong conviction in MU's potential, with multiple firms maintaining Buy ratings despite some price target adjustments. The consensus price targets range from $98 to $250, with most analysts setting targets between $110-$130, suggesting upside potential from current levels.

Growth Drivers MU is experiencing strong AI-driven demand, particularly in data center segments where revenue jumped over 400% YoY. The company's strategic position in high-bandwidth memory and partnership with Nvidia for the new Blackwell platform further strengthens its market position.

Based on these factors, MU is not overvalued at current levels. The company's improving fundamentals, strong AI growth trajectory, and reasonable valuation metrics relative to growth potential suggest fair valuation with upside potential.

Micron Technology, Inc. is a provider of memory and storage solutions. The Company offers a portfolio of high-performance dynamic random-access memory (DRAM), NAND, and NOR memory and storage products through its Micron and Crucial brands. The Company’s segments include Compute and Networking Business Unit (CNBU), Mobile Business Unit (MBU), Embedded Business Unit (EBU), and Storage Business Unit (SBU). The CNBU segment includes memory products and solutions sold into client, cloud server, enterprise, graphics, and networking markets. The MBU segment includes memory and storage products sold into smartphone and other mobile-device markets. The EBU segment includes memory and storage products and solutions sold into automotive, industrial, and consumer markets. The SBU segment includes SSDs and component-level solutions sold into enterprise and cloud, client, and consumer storage markets. It sells its products into various markets through its business units in numerous forms.

Based on the available data and market analysis, here's a prediction for Micron Technology (MU) stock price in 2030:

Micron's stock price is projected to reach $185-195 by 2030, driven by the explosive growth in AI memory demand and the company's dominant position in HBM (High Bandwidth Memory) market which is expected to reach $100 billion by 2030. The company's data center revenue has already shown remarkable 400% year-over-year growth, and with the memory industry's structural changes due to AI adoption, Micron is well-positioned to maintain strong growth momentum through 2030.

The stock's current technical setup and fundamental outlook suggest this target is achievable, supported by Micron's strategic investments in domestic semiconductor manufacturing and the benefits from the CHIPS Act.

MU has a total of 43000 employees.