- Micron Technology (MU, Financial) responds to new U.S. tariffs with a surcharge on select products.
- Analysts predict a significant upside for Micron, with a notable average target price.
- GuruFocus estimates suggest substantial growth potential based on historical performance.
Micron Technology (MU) is poised to implement a surcharge on specific products starting this Wednesday. This strategic move is in reaction to the U.S. tariffs recently declared by President Trump. Although semiconductors are presently exempt, tariffs affect memory modules and SSDs, prompting Micron to transfer these costs to its U.S. customer base.
Wall Street Analysts Forecast
According to one-year price targets provided by 33 industry analysts, Micron Technology Inc (MU, Financial) has an average target price set at $124.96. This includes a high estimate reaching $200.00 and a low of $75.00. Notably, the average target indicates a potential upside of 74.26% from its current price of $71.71. Investors can explore more detailed estimates on the Micron Technology Inc (MU) Forecast page.
The consensus recommendation from 40 brokerage firms places Micron Technology Inc's (MU, Financial) average brokerage recommendation at 1.9, effectively categorizing it as "Outperform." The scale employed by analysts ranges from 1 to 5, where 1 is indicative of a Strong Buy, and 5 equates to a Sell.
Furthermore, GuruFocus estimates present a compelling picture: the estimated GF Value for Micron Technology Inc (MU, Financial) in the next year is projected at $143.37. This estimate suggests an impressive upside of 99.93% compared to the current market price of $71.71. The GF Value represents GuruFocus' calculated fair value of the stock, derived from its historical trading multiples, prior growth trends, and future performance forecasts. For more comprehensive data, visit the Micron Technology Inc (MU) Summary page.
