MU Price Prediction Next Week
Analysis and Insights
To predict the stock price of Micron Technology (MU) for the next trading week, we analyze both technical indicators and recent news sentiment.
Technical Analysis:
The stock price of MU is currently in a downtrend, with the price closing at $94.72 on March 21, 2025. Key technical indicators include:
- RSI (14): 40.82, indicating the stock is in a neutral zone, not oversold or overbought.
- MACD: The MACD line is above the signal line, but the histogram is negative, suggesting weakening upward momentum.
- Moving Averages: The stock is below its 20, 50, and 200-day moving averages, signaling bearish momentum.
Fibonacci Levels:
The Fibonacci levels for MU are as follows:
- Pivot: $95.88
- Resistance 1: $103.12
- Resistance 2: $107.58
- Support 1: $88.65
- Support 2: $84.19
The stock is currently below the pivot level, indicating potential resistance at $95.88.
News Sentiment:
Recent news highlights:
- MU reported strong Q2 earnings with revenue of $8.05 billion, beating estimates, and provided positive Q3 guidance.
- Rosenblatt cut its price target for MU from $250 to $200, citing margin concerns.
- Insider sentiment is negative, with increased selling activity by company insiders.
Prediction:
Based on the technical analysis and news sentiment, MU is expected to trade in the range of $90 to $100 next week. The stock is likely to face resistance at $95.88 and support at $88.65.
Recommendation:
Sell if the stock approaches the upper resistance level of $100, and Buy if it tests the lower support level of $90.
MU Similar Chart Price Prediction
The price of MU is predicted to go up -7.85%, based on the high correlation periods with ACXP. The similarity of these two price pattern on the periods is 90.75%.
MU
ACXP
Down: -7.85%Similarity: 90.75%
MU Stock Forecast & Prediction For Years 2025, 2026, 2027, 2028, 2029 and 2030
Year
MU Price Forecast($)
Potential Return(%)
2025
92.470
2.890
2026
140.000
49.520
2027
150.000
60.210
2028
150.000
60.210
2029
180.000
92.250
2030
150.000
60.210
What is MU stock price prediction 2025 ?
What is MU stock price prediction 2026 ?
What is MU stock price prediction 2027 ?
What is MU stock price prediction 2028 ?
What is MU stock price prediction 2029 ?
What is MU stock price prediction 2030 ?
MU Revenue Forecast
MU EPS Forecast
MU FAQs
What is MU revenue forecast for next quarter？
What is MU eps forecast for next quarter？
MU VS S&P500
When memory markets are in an upswing and demand is strong, Micron's sales growth and profitability can be impressive.
Micron is a major producer of DRAM and NAND chips with healthy market share positions, allowing it to benefit from secular trends toward AI, 5G, and connected cars.
We like Micron's shareholder returns and view its balance sheet as strong for a cyclical firm.
MU Analyst's Forecast
Guohan Wang
China Renaissance
Strong Buy → Hold
2025-03-26
Price Target
$84
Downside
-8.82%
In prepared earnings call remarks, Micron said, "Our capital spending plans remain unchanged at approximately $14 billion for fiscal 2025. A significant portion of our capital investments are focused on multi-year facility investments to support our DRAM and HBM manufacturing, including our Idaho fab, Singapore HBM advanced packaging facility, and Taiwan DRAM test facility. Micron will remain disciplined with our overall equipment investments to manage our supply growth consistent with demand. On tariffs, Micron serves as the US importer of record (IOR) for a very limited volume of products that would be subject to newly announced tariffs on Canada, Mexico, and China. We continue to monitor the possibility of future tariffs and are prepared to work with our customers and suppliers to understand future tariff effects and supply chain options that may arise. Where tariffs do have an impact, we intend to pass those costs along to our customers."
Christopher Danely
Citigroup
Strong Buy
2025-03-21
Price Target
$150 → $120
Upside
+26.69%
Joseph Moore
Morgan Stanley
Hold
2025-03-21
Price Target
$91 → $112
Upside
+18.24%
