Micron Technology Inc. Ranks 21st in Trading Volume with $2.301 Billion Despite Analysts' Mixed Outlook

On April 14, 2025, Micron Technology Inc. (MU) saw a trading volume of $2.301 billion, ranking 21st in the day's stock market activity. The stock price increased by 2.11%.

Citi analysts have reduced their price target for Micron Technology Inc. (MU) to $110 from $120, citing concerns over a potential recession. This adjustment reflects the analysts' cautious outlook on the company's future performance amidst broader economic uncertainties.

Despite the recent price target reduction, Micron Technology Inc. (MU) has seen a range of analyst price forecasts for the next 12 months. The average target price among 26 analysts is $137.77, with estimates ranging from a low of $84 to a high of $250. This wide range indicates varying levels of optimism and pessimism among analysts regarding the company's future prospects.

Another set of 25 analysts have provided 12-month price targets for Micron Technology Inc. (MU), with an average target of $129.36. The highest price target among these analysts is $200.00, suggesting that some analysts remain bullish on the company's long-term growth potential.

Despite recent volatility in the stock market, some analysts believe that selling Micron Technology Inc. (MU) shares at this point could be a mistake. They point to the company's strong fundamentals and attractive valuation as reasons to maintain a long-term investment perspective.