Analysts foresee more revenue Micron Technology

Tomorrow the American Micron Technology will publish its past quarters figures. For this year the company, based in Boise revenue will be around 26.34 billion USD. This is according to the average of the analysts' estimates. This is hugely more than 2020's revenue of 21.44 billion USD.

Historical revenues and results Micron Technology plus estimates 2020

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The analysts expect for 2021 a net profit of 5.44 billion USD. According to most of the analysts the company will have a profit per share for this book year of 4.78 USD. The PE-ratio therefore is 18.12.

Analysts don't expect the company to pay a dividend. The average dividend yield of the semiconductor companies is a limited 1.14 percent.

Recent target prices around 68 USD

The most recent recommendations for the semiconductor company are from Raymond James, JP Morgan and Needham & Co..

Based on the current number of outstanding shares Micron Technology 's market capitalization 95.77 billion USD. The Micron Technology stock was the past 12 months quite unstable. Since last March the stock is even 94 percent higher. This year the stock price moved between 39 and 96 dollar.

Historical stock prices Micron Technology

equity research microntechnology

Click here for dividend Micron Technology. On Monday the stock closed at 86.59 USD.

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