"Analysts Bullish on Micron Stock as AI Potential Surges"

1 min read
Source: Yahoo Finance
"Analysts Bullish on Micron Stock as AI Potential Surges"
Photo: Yahoo Finance
TL;DR Summary

Micron (MU) stock outpaced the market with a 1.15% gain, reaching $95.56, and has gained 11.67% over the past month. The upcoming earnings report on March 20, 2024, projects an EPS of -$0.28 and a revenue of $5.32 billion, with full-year estimates showing positive changes. Investors should monitor analyst projections and the Zacks Rank, which currently holds Micron at #3 (Hold). The Semiconductor Memory industry, to which Micron belongs, has a Zacks Industry Rank of 90, indicating strong performance within the Computer and Technology sector.

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