Micron Stock Plummets 12.94% in Third Consecutive Day of Losses, Ranks 27th in Daily Trading Volume

On April 4, 2025, Micron Technology Inc. (MU) experienced a significant decline, with its stock price dropping by 12.94%, marking the third consecutive day of losses and a cumulative decrease of 27.04% over the past three days. The trading volume for the day was substantial, reaching 33.49 billion, placing it at the 27th position in terms of daily trading volume.

Micron's stock price fell sharply after the company released its first-quarter (fiscal Q2 2025) results, which disappointed investors. The stock reached an intraday low of $63.86 before recovering slightly to $65.52, down from its previous close of $74.34. This decline places Micron 58.41% below its 52-week high of $157.54 and 2.60% above its 52-week low of $63.86.

Analysts have offered mixed opinions on Micron's future performance. Based on the one-year price targets from 33 analysts, the average target price for Micron is $124.96, with a high estimate of $200.00 and a low estimate of $75.00. This average target implies an upside of 90.72% from the current price of $65.52. Additionally, the consensus recommendation from 40 brokerage firms indicates an "Outperform" status for Micron, with an average brokerage recommendation of 1.9 on a scale where 1 signifies Strong Buy and 5 denotes Sell.

GuruFocus estimates the GF Value for Micron in one year to be $143.72, suggesting an upside of 119.35% from the current price. This estimate is based on historical multiples, past business growth, and future performance estimates. However, it is important to note that this analysis does not consider the most recent, price-sensitive company announcements or qualitative information.