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Micron (IT:1MU)
MILAN:1MU
Holding IT:1MU?
Track your performance easily
1MU Stock Chart & Stats
Day’s Range€0 - €0
52-Week Range€64.98 - €147.72
Previous Close€100.5
Volume5.46K
Average Volume (3M)3.42K
Market Cap
€110.82B
Enterprise Value€116.39B
Total Cash (Recent Filing)$8.11B
Total Debt (Recent Filing)$14.01B
Price to Earnings (P/E)―
Beta0.75
Next Earnings
Dec 18, 2024EPS Estimate
€1.67Last Dividend Ex-Date
Oct 07, 2024Dividend Yield0.45%
Share Statistics
EPS (TTM)N/A
Shares Outstanding1,108,742,682
10 Day Avg. Volume500
30 Day Avg. Volume3,415
Standard Deviation0.14
R-Squared0.00187
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)0.96
Price to Sales (P/S)4.32
Price to Cash Flow (P/CF)8.00
P/FCF Ratio55.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue4.63
Enterprise Value/Gross Profit20.74
Enterprise Value/Ebitda12.98
Forecast
1Y Price Target
€143.32Price Target Upside42.61% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering25
Micron News
PremiumMarket News
QQQ ETF Update, 11/26/2024 
PremiumMarket News
QQQ ETF Update, 11/21/2024 
PremiumMarket News
VOO ETF Update, 11/20/2024 
PremiumMarket News
QQQ ETF Update, 11/18/2024 
Bulls Say, Bears Say
Bulls Say
Financial Performance And Revenue GrowthThe company is forecasted to see tailwinds from new product launches, driving better gross margins and strong revenue growth.
Market Share And Product QualificationMicron Technology is expected to significantly grow its HBM3e market share to about 20-25% by qualifying new products.
Technological Advancements And Competitive PositionMicron's HBM3E 12-high 36GB product delivers 20% lower power and 50% more DRAM compared with the competitor's HBM3E 8-high 24GB solution.
Bears Say
Inventory ConcernsElevated DRAM and NAND inventory across the PC and smartphone OEMs is likely to remain a source of investor concern as it pertains to near-term pricing for select product segments.
Market ValuationStock remains expensive, but management executing well; better risk rewards seen elsewhere in AI (NVDA, AVGO) and memory (WDC).
Supply And Demand ImbalanceHigh volatility in product ASP and demand from consumer electronics.
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Options Prices
Currently, No data available
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Ownership Overview
0.30% Insiders
25.16% Mutual Funds
17.92% Other Institutional Investors
31.70% Public Companies and
Individual Investors
1MU FAQ
What was Micron’s price range in the past 12 months?
Micron lowest stock price was €64.98 and its highest was €147.72 in the past 12 months.
What is Micron’s market cap?
Currently, no data Available
When is Micron’s upcoming earnings report date?
Micron’s upcoming earnings report date is Dec 18, 2024 which is in 21 days.
How were Micron’s earnings last quarter?
Micron released its earnings results on Sep 25, 2024. The company reported €1.133 earnings per share for the quarter, beating the consensus estimate of €1.071 by €0.061.
Is Micron overvalued?
According to Wall Street analysts Micron’s price is currently Undervalued.
Does Micron pay dividends?
Micron pays a Quarterly dividend of €0.11 which represents an annual dividend yield of 0.45%. See more information on Micron dividends here
What is Micron’s EPS estimate?
Micron’s EPS estimate is €1.67.
How many shares outstanding does Micron have?
Micron has 1,108,742,700 shares outstanding.
What happened to Micron’s price movement after its last earnings report?
Micron reported an EPS of €1.133 in its last earnings report, beating expectations of €1.071. Following the earnings report the stock price went up 14.846%.
Which hedge fund is a major shareholder of Micron?
Among the largest hedge funds holding Micron’s share is PRIMECAP Management Co. It holds Micron’s shares valued at 4B.
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Micron Stock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
€143.32 (42.61% Upside)
€143.32 (42.61% Upside)
Blogger Sentiment
Bullish
IT:1MU Sentiment 89%
Sector Average 67%
Sector Average 67%
Insider Transactions
Sold Shares
Worth $1.1M over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bearish
Bullish news 0%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Negative
20 days / 200 days
Momentum
36.50%
12-Months-Change
Fundamentals
Return on Equity
1.74%
Trailing 12-Months
Asset Growth
8.03%
Trailing 12-Months
Company Description
Micron
Founded in 1978 and based in Idaho, Micron Technology, Inc. is a leader in providing innovative memory and storage solutions worldwide. It produces computer memory and computer data storage including dynamic random-access memory, flash memory, and USB flash drives. The company operates through four segments: Compute and Networking Business Unit (CNBU); Mobile Business Unit (MBU); Storage Business Unit (SBU); and Embedded Business Unit (EBU).
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1MU Earnings Call
Q4 2024
0:00 / 0:00
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1MU Revenue Breakdown
37.88% Compute and Networking Business Unit
25.30% Mobile Business Unit
18.37% Embedded Business Unit
18.29% Storage Business Unit
0.15% Other
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1MU Stock 12 Month Forecast
Average Price Target
€143.32
▲(42.61% Upside)
Technical Analysis
Best Analysts Covering 1MU
1 Year
1 Year Success Rate
33/46 ratings generated profit
1 Year Average Return
+39.03%
reiterated a buy rating 2 months ago
Copying Timothy Arcuri's trades and holding each position for 1 Year would result in 71.74% of your transactions generating a profit, with an average return of +39.03% per trade.
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