This blog post will analyze Micron stock price prediction for 2023 to 2060 based on technical and fundamental analysis of Micron stock price history.
Let us discuss the future price forecast of MU stock and its performance analysis for the coming years.
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Financial Overview of Micron Stock Price
| parameters name | value/price |
|---|---|
| current stock price | 70.41 |
| ticker symbol | Mu |
| market cap | $76.99B |
| enterprise value | $80.48B |
| Price/Sales (TTM) | 4.24 |
| enterprise value/revenue | 4.43 |
| Price/Book (MRQ) | 1.70 |
| Enterprise Value/EBITDA | 15.02 |
| 52 weeks low/high | $48.43/$74.77 |
| 50/200-day moving average | $65.96/$61.36 |
| 52-week change | 27.80% |
| official website | Micron Technology, Inc. |
Micron Stock Price Prediction 2023 to 2060
| Mu stock price prediction year | minimum stock price | maximum stock price |
|---|---|---|
| 2023 | $60.75 | $71.40 |
| 2024 | $62.43 | $78.54 |
| 2025 | $74.07 | $87.39 |
| 2026 | $81.73 | $96.12 |
| 2027 | $88.21 | $103.74 |
| 2028 | $102.45 | $114.11 |
| 2029 | $109.89 | $120.54 |
| 2030 | $118.47 | $131.08 |
| 2035 | $175.15 | $197.45 |
| 2040 | $236.80 | $269.20 |
| 2045 | $311.09 | $347.55 |
| 2050 | $387.61 | $413.80 |
| 2055 | $454.25 | $487.31 |
| 2060 | $501.76 | $526.57 |
Micron Stock Price Prediction 2023
| Mu stock price prediction year | minimum stock price | maximum stock price |
|---|---|---|
| 2023 | $60.75 | $71.40 |
Micron Stock Price Prediction 2024
| Mu stock price prediction year | minimum stock price | maximum stock price |
|---|---|---|
| 2024 | $62.43 | $78.54 |
Micron Stock Price Prediction 2025
| Mu stock price prediction year | minimum stock price | maximum stock price |
|---|---|---|
| 2025 | $74.07 | $87.39 |
Micron Stock Price Prediction 2030
| Mu stock price prediction year | minimum stock price | maximum stock price |
|---|---|---|
| 2030 | $118.47 | $131.08 |
Micron Stock Price Prediction 2040
| Mu stock price prediction year | minimum stock price | maximum stock price |
|---|---|---|
| 2040 | $236.80 | $269.20 |
Micron Stock Price Prediction 2050
| Mu stock price prediction year | minimum stock price | maximum stock price |
|---|---|---|
| 2050 | $387.61 | $413.80 |
Micron Stock Price Prediction 2060
| Mu stock price prediction year | minimum stock price | maximum stock price |
|---|---|---|
| 2060 | $501.76 | $526.57 |
FAQ’s
Does Micron offer a dividend?
Yes, Micron Technology Company offers dividends at the rate of 0.70%.
Is Micron a buy, sell, or hold?
According to the opinion of stock market experts, 12 out of 16 recommended buying, three recommended holding MU stock, and one expert recommended selling this stock.
Is it a good time to buy Micron stock?
The MU stock price is up nearly 8% last month, adding up to a 27% gain over the past 52 weeks. That is why this would be a good time to invest in this growing stock to gain a high amount of profits in the long run.
What is Micron’s stock 5-year forecast?
According to our analysis, Micron stock will cross $71.40 in 2023, $78.54 in 2024, $87.39 in 2025, $96.12 in 2026, $103.74 in 2027, and $114.11 in 2028.
Can MU Stock Cross $100?
Yes, the share price of Micron stock will easily cross the $100 mark by 2027.
last words
MU stock price has seen a rising pattern over the past few months, indicating a better future for the investment.
In this analysis on “MU Stock Forecast from 2023 to 2060”, we have tried to include all the influencing factors on its stock price and have predicted its price for each required upcoming year.
Industry experts have predicted a growth path for the company operating in the storage segment due to the increasing popularity of the Internet.
Apart from this, the use of data storage and IOT devices is going to increase in the coming time and this will have a positive impact on MU stock.
This will be a good opportunity for investors who are interested in the data storage segment of technology but be careful before investing any money in the stock market.
Do your research and also contact an authorized stock expert to minimize the risk of loss.
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