Micron Technology (MU)
NASDAQ:MU
Want to see MU full AI Analyst Report?
MU Stock Chart & Stats
$455.07
-$2.53(-2.48%)
At close: 4:00 PM EST
$455.07
-$2.53(-2.48%)
Day’s Range― - ―
52-Week Range$92.22 - $956.16
Previous CloseN/A
Volume16.58M
Average Volume (3M)47.73M
Market Cap
$1.05T
Enterprise Value$1.04T
Total Cash (Recent Filing)$14.62B
Total Debt (Recent Filing)$10.80B
Price to Earnings (P/E)43.1
Beta2.58
Next Earnings
Jun 24, 2026EPS Estimate
19.55Next Dividend Ex-DateN/A
Dividend Yield0.2%
Share Statistics
EPS (TTM)21.46
Shares Outstanding1,127,734,000
10 Day Avg. Volume54,496,691
30 Day Avg. Volume47,728,397
Financial Highlights & Ratios
PEG Ratio0.02
Price to Book (P/B)2.51
Price to Sales (P/S)3.64
P/FCF Ratio81.63
Enterprise Value/Market Cap0.99
Enterprise Value/Revenue17.89
Enterprise Value/Gross Profit30.61
Enterprise Value/Ebitda27.99
Forecast
1Y Price Target
$758.89Price Target Upside66.76% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering30
EPS Forecast (FY)58.87
Revenue Forecast (FY)$108.46B
Bulls Say, Bears Say
Bulls Say
Cash Generation & Balance-sheet StrengthSustained, large operating and free cash flows plus improved net cash provide durable financial flexibility. This supports multi-year fab builds, higher dividends, opportunistic buybacks, and a buffer through downturns, lowering refinancing risk for capital-intensive expansion.
Technology And Product LeadershipRapid ramp of advanced DRAM (1γ) and HBM4 plus G9 NAND adoption strengthens product differentiation and mix. Higher-value, chip-design wins and SSD share gains create structural competitive advantages and improve long-term margins vs commodity memory sellers.
U.S. Manufacturing Expansion & Domestic SupplyExpanding US fab footprint creates strategic advantage supplying defense, automotive and hyperscale customers seeking domestic supply. Federal/state support and local production reduce geopolitical risk and secure long-term, higher-margin commercial and government demand.
Bears Say
Very High Near-term CapEx And Execution RiskMulti-year, large capital commitments materially raise execution and cost risks. Even with strong cash flow, sustaining >$25B annual CapEx requires precise project delivery and timing; missteps or demand weakness could depress returns and strain liquidity despite current cash buffers.
Severe Industry Supply ConstraintsPersistent allocation limits the company's ability to satisfy demand and monetize market share fully. Ongoing constraint management increases customer frustration and contract complexity, and creates execution sensitivity where lost sales or unfavorable SCA terms can cap long-term revenue growth.
Cyclicality And Demand SensitivityMemory markets are structurally cyclical; current peak margins and cash flow can reverse quickly if pricing or end‑market volumes soften. Sharp price moves risk demand destruction (PC/phone weakness flagged) and opaque SCA terms may offer limited downside protection for future downturns.
Micron News
MU FAQ
What was Micron Technology’s price range in the past 12 months?
Micron Technology lowest stock price was $92.22 and its highest was $956.16 in the past 12 months.
What is Micron Technology’s market cap?
Micron Technology’s market cap is $1.05T.
When is Micron Technology’s upcoming earnings report date?
Micron Technology’s upcoming earnings report date is Jun 24, 2026 which is in 26 days.
How were Micron Technology’s earnings last quarter?
Micron Technology released its earnings results on Mar 18, 2026. The company reported $12.2 earnings per share for the quarter, beating the consensus estimate of $9.186 by $3.014.
Is Micron Technology overvalued?
According to Wall Street analysts Micron Technology’s price is currently Undervalued.
Does Micron Technology pay dividends?
Micron Technology pays a Quarterly dividend of $0.115 which represents an annual dividend yield of 0.2%. See more information on Micron Technology dividends here
What is Micron Technology’s EPS estimate?
Micron Technology’s EPS estimate is 19.55.
How many shares outstanding does Micron Technology have?
Micron Technology has 1,127,734,000 shares outstanding.
What happened to Micron Technology’s price movement after its last earnings report?
Micron Technology reported an EPS of $12.2 in its last earnings report, beating expectations of $9.186. Following the earnings report the stock price went down -3.782%.
Which hedge fund is a major shareholder of Micron Technology?
Currently, no hedge funds are holding shares in MU
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Micron Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$758.89 (66.76% Upside)
$758.89 (66.76% Upside)
Blogger Sentiment
Bullish
MU Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 1.9M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $13.2M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 1.9%
Last 30 Days ▲ 9.7%
Last 30 Days ▲ 9.7%
News Sentiment
Very Bullish
Bullish news 99%
Bearish news 7%
Bearish news 7%
Technicals
SMA
Positive
20 days / 200 days
Momentum
862.50%
12-Months-Change
Fundamentals
Return on Equity
40.84%
Trailing 12-Months
Asset Growth
38.95%
Trailing 12-Months
Company Description
Micron Technology
Micron Technology, Inc. designs, manufactures, and sells memory and storage products worldwide. The company operates through four segments: Compute and Networking Business Unit, Mobile Business Unit, Storage Business Unit, and Embedded Business Unit. It provides memory and storage technologies comprises DRAM products, which are dynamic random access memory semiconductor devices with low latency that provide high-speed data retrieval; NAND products that are non-volatile and re-writeable semiconductor storage devices; and NOR memory products, which are non-volatile re-writable semiconductor memory devices that provide fast read speeds under the Micron and Crucial brands, as well as through private labels. The company offers memory products for the cloud server, enterprise, client, graphics, and networking markets, as well as for smartphone and other mobile-device markets; SSDs and component-level solutions for the enterprise and cloud, client, and consumer storage markets; other discrete storage products in component and wafers; and memory and storage products for the automotive, industrial, and consumer markets. It markets its products through its direct sales force, independent sales representatives, distributors, and retailers; and web-based customer direct sales channel, as well as through channel and distribution partners. Micron Technology, Inc. was founded in 1978 and is headquartered in Boise, Idaho.
MU Company Deck
MU Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call communicated exceptionally strong and broad-based operating and financial performance — record revenue, record margins, record free cash flow, aggressive upward guidance (Q3 revenue guide ~$33.5B and gross margin ~81%), technology wins (HBM4 shipments, 1γ and G9 ramps), and major balance sheet improvement (net cash, debt reduction, dividend increase). Offsetting risks are meaningful and structural: severe DRAM/NAND supply constraints, tight inventory, very large near-term CapEx (>$25B in FY26 and a further step-up in FY27), potential demand softness in price-sensitive consumer markets, and unspecified terms around long-term SCAs. On balance, the highlights substantially outweigh the lowlights given the magnitude of record results, strong guidance, and clear technology roadmap, while the company is proactively investing to address supply; therefore the overall tone is positive but with notable operational and capital execution risks that management is addressing.View all MU earnings summariesMU Revenue Breakdown
36.18% Cloud Memory Business Unit
19.34% Core Data Center Business Unit
31.73% Mobile and Client Business Unit
12.72% Automotive and Embedded Business Unit
0.03% All Other
MU Stock 12 Month Forecast
Average Price Target
$758.89
▲(66.76% Upside)
Technical Analysis
Ownership Overview
0.22% Insiders
24.59% Mutual Funds
17.50% Other Institutional Investors
28.23% Public Companies and Individual Investors