Alex Belov
Developers by oneinveststock.com. Analyst, investor
Micron Technology Stock: Average Price Target Set at $101 for 2023
On March 30, 2022, analysts at Morgan Stanley set the latest price target for Micron Technology (NASDAQ: MU) stock at $83 (about 18% potential upside). Taking into account the data and forecasts of all analysts, the average target price is $101 in the next 12 months (possible upside potential of 43%). Analysts at New Street Research set the highest price target at $135 (about 100% upside potential). Most analysts have a buy recommendation for Micron Technology stock.
Average price target for Micron Technology (NASDAQ: MU) stock over the next 12 months = $101
Micron Technology (NASDAQ: MU) Stock Price on May 17, 2022 = $70.47
Stock Consensus Rating = "Buy"
Target prices for stock Micron Technology (NASDAQ: MU) over the next 12 months
Lowest Price Target
$83
Average target price
$101
Maximum target price
$135
Latest Analyst Predictions for Micron Technology (NASDAQ: MU) Stock for 2023
| Forecast date | Analytical Analyst | Target price | Growth potential in percent | Consensus Rating |
|---|---|---|---|---|
| 03/30/2022 | Morgan Stanley | $83 | +17.78% | Equal-Weight |
| 03/30/2022 | Mizuho | $113 | +60.35% | Buy |
| 03/16/2022 | Bernstein | $94 | +33.39% | Outperform |
| 02/14/2022 | Wedbush | $120 | +70.29% | Outperform |
| 01/11/2022 | Goldman Sachs | $116 | +64.61% | Buy |
| 01/10/2022 | New Street Research | $135 | +91.57% | Buy |
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