Micron Technology Stock Price Today: A Comprehensive Review

Micron Technology, Inc. (MU) is a leading American multinational corporation that specializes in the production of computer memory and computer data storage products. The company's stock price has been a subject of interest for many investors, and in this article, we will take a closer look at Micron Technology's stock price today, as analyzed by Zacks.

Introduction to Micron Technology

Micron Technology, Inc. was founded in 1978 and is headquartered in Boise, Idaho. The company is one of the largest manufacturers of memory chips, including dynamic random-access memory (DRAM) and flash memory. Micron's products are used in a wide range of applications, including computers, smartphones, servers, and automotive systems.

Micron Technology Stock Price Today

As of today, Micron Technology's stock price is trading at around $50 per share. The stock has experienced a significant decline in the past year, with a 52-week low of $31.13 and a 52-week high of $61.19. According to Zacks, Micron Technology's stock has a Zacks Rank of #3 (Hold), indicating a neutral outlook for the stock.

Zacks Analysis

Zacks provides a comprehensive analysis of Micron Technology's stock, including its current price, earnings estimates, and valuation. According to Zacks, Micron Technology's earnings are expected to decline by 10.3% in the current quarter, compared to the same quarter last year. However, the company's revenue is expected to increase by 10.5% in the next quarter. Zacks also provides a style score for Micron Technology, which is a numerical score that indicates the company's value, growth, and momentum. Micron Technology's style score is 3 out of 5, indicating a neutral outlook for the stock.

Key Statistics

Here are some key statistics for Micron Technology's stock: Market capitalization: $55.6 billion 52-week low: $31.13 52-week high: $61.19 Average volume: 23.4 million shares Dividend yield: 0.75% P/E ratio: 14.5 In conclusion, Micron Technology's stock price today is trading at around $50 per share, with a neutral outlook according to Zacks. While the company's earnings are expected to decline in the current quarter, its revenue is expected to increase in the next quarter. Investors should carefully consider the company's financials and market trends before making any investment decisions. With its strong market position and diversified product portfolio, Micron Technology remains a significant player in the technology industry.

For the latest updates on Micron Technology's stock price and analysis, visit Zacks today.

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