Form 8-K MICRON TECHNOLOGY INC For: Mar 20

Micron Technology (MU) PT Raised to Street High $225 at Rosenblatt

Rosenblatt analyst Hans Mosesmann raised the price target on Micron Technology (NASDAQ: MU) to $225.00 (from $140.00) while maintaining a Buy rating.

The analyst comments "Micron crushed its February quarter print and May quarter outlook on strong AI momentum, general market recovery, and a faster-than-expected impact to DRAM supply on aggressive HBM3e wafer allocation (requires 3x the number of wafers vs. DDR5). HBM3e alone will drive most of the DRAM... More

Micron Technology (MU) PT Raised to $130 at Piper Sandler

Piper Sandler analyst Harsh Kumar raised the price target on Micron Technology (NASDAQ: MU) to $130.00 (from $95.00) while maintaining a Overweight rating.

The analyst comments "Micron reported stellar results and guidance primarily driven by end-market tailwinds which we expect to last through... More

Micron Technology (MU) PT Raised to $120 at Needham

Needham analyst N. Quinn Bolton raised the price target on Micron Technology (NASDAQ: MU) to $120.00 (from $100.00) while maintaining a Buy rating.

The analyst comments "Micron posted a very strong beat and raise F2Q24 as the memory market inflects higher across the... More

Micron Technology (MU) PT Raised to $135 at Cantor Fitzgerald, 'Don’t Overthink It, the Memory Cycle is Just Getting Started'

Cantor Fitzgerald analyst C.J. Muse raised the price target on Micron Technology (NASDAQ: MU) to $135.00 (from $120.00) while maintaining a Overweight rating.

The analyst comments "Expectations were high, but Micron certainly delivered the goods. The May Q outlook is better any way you... More

Micron Technology (MU) PT Raised to $150 at TD Cowen

TD Cowen analyst Karl Ackerman raised the price target on Micron Technology (NASDAQ: MU) to $150.00 (from $120.00) while maintaining a Outperform rating.

The analyst comments "Results/guide were flawless & surpassed even the most bullish expectations we heard. With the stock trading at ~13x... More

Micron Technology (MU) PT Raised to $98 at Morgan Stanley

Morgan Stanley analyst Joseph Moore raised the price target on Micron Technology (NASDAQ: MU) to $98.00 (from $78.00) while maintaining a Underweight rating.

The analyst comments "This was a good quarter from Micron, better than expected as better pricing fell through to... More

Micron Technology (MU) PT Raised to $122 at Goldman Sachs

Goldman Sachs analyst Toshiya Hari raised the price target on Micron Technology (NASDAQ: MU) to $122.00 (from $112.00) while maintaining a Buy rating.

The analyst comments "Micron reported very strong FY2Q results driven by robust DRAM/NAND pricing and guided FY3Q non-GAAP... More

Micron Technology (MU) Tops Q2 EPS by 68c, Guidance Beats

Micron Technology (NASDAQ: MU) reported Q2 EPS of $0.42, $0.68 better than the analyst estimate of ($0.26). Revenue for the quarter came in at $5.82 billion versus the consensus estimate of $5.33 billion.

GUIDANCE:

Micron Technology sees Q3 2024 EPS of $0.38-$0.52, versus the consensus of $0.20.... More