Stock analysis, AI verdict, fundamentals & technical signals
Rating: HOLD AI Verdict: HOLD
Price: $855.10 Analyst target: $1561.91 Upside: 82.66%
MU has pulled back from its 52-week high of 1254.61 to 877.55, below the SMA20 (974.74) but well above the SMA50 (652.28) and SMA200 (234.95), so the long-term uptrend is intact. Valuation looks cheap (forward PE 7.0, PEG 0.16, revenue growth +379% YoY, 64% margin), but this is a cyclical memory peak-earnings profile. RSI 50.5, a bearish MACD (84.4 vs signal 113.9) and neutral news (score 0.08) show no oversold capitulation, and headlines point to no clear catalyst beyond a sector/sentiment pullback (Cramer: 'nothing is working').
Micron Technology, Inc. is an American producer of computer memory and computer data storage including dynamic random-access memory, flash memory, and USB flash drives. It is headquartered in Boise, Idaho.
See the full interactive analysis & chart →Informational only — not investment advice.