Thursday, August 7, 2025
StockstToday.com Logo
  • Home
  • Breaking News
  • Business & Industry Trends
  • Market News
  • Analyst Ratings
No Result
View All Result
  • Home
  • Breaking News
  • Business & Industry Trends
  • Market News
  • Analyst Ratings
No Result
View All Result
StocksToday.com Logo
No Result
View All Result
Home Breaking News

Expert Opinions on Micron Technology A Diverse Outlook

Elaine Mendonca by Elaine Mendonca
March 1, 2024
in Breaking News
0
financial-data
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

Experts’ opinions on Micron Technology (NASDAQ: MU) are diverse, ranging from optimistic to pessimistic. Over the last month, there have been 13 optimistic ratings, 13 moderately optimistic ratings, and an average price target of $96.92, with a high projection of $140.00 and a low projection of $74.75. Recent analyst actions, such as upgrades from Mizuho, Cantor Fitzgerald, Raymond James, Keybanc, Piper Sandler, and others, indicate a positive outlook for Micron Technology. The overall consensus rating for Micron Technology is a Strong Buy, with 24 buy ratings, 2 hold ratings, and 1 sell rating.

MU Stock Performance Soars on March 1, 2024: Strong Momentum and Potential Growth

On March 1, 2024, Micron Technology Inc. (MU) had a strong performance in the stock market. MU was trading near the top of its 52-week range and above its 200-day simple moving average, indicating that the stock has been performing well in the long term and is currently in an upward trend.

The price of MU shares saw a significant increase on this day, rising by $5.08 since the market last closed, representing a 5.61% increase in the stock price. The stock opened at $91.92, $1.31 higher than its previous close, signaling a strong start for MU on that day and setting the tone for its positive performance throughout the trading session.

Overall, MU had a successful day in the stock market on March 1, 2024, showing strong price momentum, trading near its 52-week high and above its 200-day moving average. With a significant price increase and a higher opening price than the previous close, MU demonstrated its strength and potential for growth. Investors who held MU shares likely saw a positive return on their investment, solidifying the stock’s position as a promising choice in the market.

Micron Technology Inc. Reports Mixed Financial Performance for Past Year and Q1 2024

On March 1, 2024, Micron Technology Inc. (MU) reported its financial performance for the past year and the first quarter of the current year. According to data from CNN Money, the company’s total revenue for the past year was $15.54 billion, which represents a decrease of 49.48% compared to the previous year. However, the total revenue for the first quarter of the current year was $4.73 billion, showing an increase of 17.86% compared to the previous quarter.

In terms of net income, Micron reported a net loss of $5.83 billion for the past year and a net loss of $1.23 billion for the first quarter of the current year. This represents a significant decrease of 167.15% in net income compared to the previous year. However, there was a 13.71% increase in net income compared to the previous quarter.

Earnings per share (EPS) for Micron were reported as -$5.34 for the past year and -$1.12 for the first quarter of the current year. This represents a decrease of 168.93% in EPS compared to the previous year, but there was a 14.1% increase in EPS compared to the previous quarter.

Overall, the financial performance of Micron Technology Inc. on March 1, 2024, showed a mixed picture. Investors and analysts will be closely monitoring the company’s performance in the coming quarters to see if these trends continue or if there are any significant changes in the company’s financial health.

Tags: MU
Elaine Mendonca

Elaine Mendonca

Related Posts

NFT projects
Breaking News

The Impact of TikToks Fate on USChina Relations and American Tech Giants

March 16, 2024
Businesses finance
Breaking News

Blackstone Strategic Credit 2027 Term Fund BGB Announces Monthly Dividend of 93 Cents per Share

March 15, 2024
Healthcare-sector
Breaking News

Analyzing Short Interest in Molina Healthcare Inc MOH

March 15, 2024
Next Post
Market-stocks

Hess CEOs Insider Sale and Company Performance Analysis

Redefining Success: How Franchises Adapt to Economic Shifts and Market Demands

Bearish Options Activity Indicates Investor Sentiment for JDcom

Jefferies Financial Group CEO Purchases 375 Million Worth of Company Stock

Recommended

ALB stock news

Allspring Global Investments Increases Stake in Automotive Parts Company, Douglas Dynamics Inc.

2 years ago
Technology Robotics Markets and money

Exela Technologies Inc and XBP Europe Launch Reaktrai Revolutionizing Cybersecurity and Data Management with AI

2 years ago

Positive Outlook and Increased Price Target for Corteva

2 years ago
Alternative Energy Markets and money (1)

Ecopetrols Commitment to Thorough Evaluation and Reliable Results for Arauca 8 Well

2 years ago

Categories

  • Analyst Ratings
  • Breaking News
  • Business & Industry Trends
  • Market News
  • Stock Picks
  • Stock Targets
  • Stocks
  • Uncategorized

Topics

AAL AAPL ABNB ADBE ADSK ALB AMD AMZN AVGO BA C CCL CELH COIN COST CRWD CTVA DELL DFS DIS DLR DLTR DWAC GM GRFS IBM INTC JPM KSS LLY META MSFT NFLX NVDA NVO ORCL PARA PLTR PLUG QCOM SMCI TGT TSLA UNH VZ
No Result
View All Result

Highlights

Lucid Group Stock: Turbulence Amid Policy Shifts and Uber Deal

Walt Disney Stock: Marvel Woes Offset by NFL Deal

Fresenius Stock: Mixed Q2 Results Amid Margin Pressures

Beiersdorf Stock: Nivea’s Glow Fades as Forecasts Dim

ABN Amro Stock: Profit Dip Amid Strong Capital Moves

Vonovia Stock: Strong Recovery Fuels Optimism

Trending

Snap Stock
Stocks

Snap Stock: Turmoil Amid Advertising Woes

by Dieter Jaworski
August 6, 2025
0

Snap Inc.'s stock has become a battleground for Wall Street analysts following disappointing Q2 results, with price...

DHL Stock

DHL Stock: Rollercoaster Ride Amid Strong Earnings

August 6, 2025
Klöckner Stock

Klöckner Stock: Turnaround Amid Market Volatility

August 6, 2025
Lucid Group Stock

Lucid Group Stock: Turbulence Amid Policy Shifts and Uber Deal

August 6, 2025
Walt Disney Stock

Walt Disney Stock: Marvel Woes Offset by NFL Deal

August 6, 2025

StocksToday.com is your one-stop destination for the latest stock news and analysis. We provide in-depth coverage of the stock market, including market news, company news, sector news, IPO news, investment strategies, personal finance, international markets, and more.

Recent News

  • Eli Lilly Stock: Surging on Indian Demand and Market Dominance August 7, 2025
  • Datadog Stock: Soars on Strong Earnings and AI Boom August 7, 2025
  • Genmab Stock: Breakthrough Therapy Sparks 5% Surge August 7, 2025

Categories

  • Analyst Ratings
  • Breaking News
  • Business & Industry Trends
  • Market News
  • Stock Picks
  • Stock Targets
  • Stocks
  • Uncategorized

© 2024 Stocks Today

No Result
View All Result
  • Home
  • Breaking News
  • Business & Industry Trends
  • Market News
  • Analyst Ratings

© 2023 StocksToday.com