Mu stock price today forecast technicians monitoring the "mu stock

Technicians monitoring the "mu stock price today forecast" highlight a pennant formation on the daily chart, which could resolve in a breakout toward $142 if volume spikes in today’s sessions. Say, for example, if a stock's P/E ratio is 10 and the expected long-term growth rate is 15%, the company's PEG will come down to 0.66, a ratio indicating both undervaluation and future growth potential. Regarding Micron and its value, assuming the 15 times P/E valuation it is running in mid-August is fair value, the stock presents a deep value to long-term buy-and-hold investors. For investors tracking the "mu stock price today forecast", consensus EPS upgrades for FY24 are driving renewed interest. Sector-wide semiconductor trends point to revenue growth of over 25% year-on-year, reinforcing optimistic sentiment for Micron’s valuation.