MU - Micron Technology, Inc.
Price:
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CONSENSUS:
Buy
DETAILS
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PRICE TARGET:
$1,588.85
DETAILS
HIGH:
$3,000.00
LOW:
$1,200.00
MEDIAN:
$1,500.00
CONSENSUS:
$1,588.85
UPSIDE:
80.79%
AlphaVal
Deterministic, archetype-aware fair value
Platform & Compounding FCF
80% confidence
Primary model: Two-stage FCF DCF
Adjust Assumptions
20.0%
12.0%
3.0%
Key Value Driver
FCF growth rate (20% base case)
Terminal Value % of EV
42%
Implied Market Multiple
13.7x
Market is pricing in (growth)
5.5%
vs our 20.0% base
Plain-Language Summary
Using a two-stage FCF DCF with 20% growth decelerating over 15 years, discounted at 12%, the base-case intrinsic value is $2454.90 per share.
Analyst Consensus (External Reference)
Never blended into the bear/base/bull estimates above -- shown only as an outside comparison.
Average Target (70 analysts)
$1588.85
Analyst Range
$1200.00 – $3000.00
Divergence from AlphaVal
55%
Warnings
Wall Street's average price target is $1588.85 (from 70 analysts). Our estimate is 55% above the consensus -- consider that gap carefully.
Key Risks
- P/E alone misleads — earnings depressed by growth investment
- Cyclical or commodity businesses may be misclassified as platforms
- Terminal value dominance suggests sensitivity to long-run assumptions