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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$103.38 - $1,255.00
Previous CloseN/A
Volume16.58M
Average Volume (3M)46.78M
Market Cap
$1.04T
Enterprise Value$1.04M
Total Cash (Recent Filing)$26.02B
Total Debt (Recent Filing)$6.38B
Price to Earnings (P/E)20.6
Beta2.59
Next Earnings
Sep 29, 2026EPS Estimate
31.16Next Dividend Ex-DateN/A
Dividend Yield0.06%
Share Statistics
EPS (TTM)44.81
Shares Outstanding1,129,393,200
10 Day Avg. Volume42,026,968
30 Day Avg. Volume46,782,518
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 Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$1,569.29Price Target Upside244.84% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering30
EPS Forecast (FY)73.23
Revenue Forecast (FY)$129.43B
Bulls Say, Bears Say
Bulls Say
Very Strong Cash Generation And MarginsSustained, large operating and free cash flows plus exceptionally high TTM margins give Micron durable financial flexibility to fund R&D, fabs and dividends. This level of cash generation supports multi-year capex cycles and strategic investments despite cyclical swings in the memory market.
Conservative, Improving Balance SheetA low leverage profile and large cash reserves materially increase Micron's resilience to down-cycles, support aggressive capital programs, and permit shareholder returns. Strong credit profile and reduced debt provide lasting optionality through multi-year fabs and technology transitions.
Large Strategic Customer Agreements (SCAs) And RPO VisibilityMaterial contracted volume and multi‑year RPO provide structural revenue visibility and demand anchoring across cycles. Customer commitments and deposits help de-risk utilization planning, inform capacity investments, and strengthen long-term OEM/hyperscaler partnerships.
Bears Say
Cyclicality And Margin Durability RiskMemory markets historically oscillate; extreme recent margins reflect an upcycle that can reverse. Structural demand shifts, pricing normalization or oversupply would quickly compress profitability, making current profit levels potentially transient over a 2–6 month horizon and beyond.
Very High And Rising Capital And Operating SpendingSustained multi-year capital intensity raises fixed costs and execution risk. Ongoing high CapEx and rising OpEx will pressure free cash flow variability, require disciplined returns on new capacity, and extend the time before incremental fabs contribute positively to per-bit economics.
Persistent Supply Constraints And Rising Cost-per-bitExtended supply bottlenecks and slower bit growth amid tougher process nodes increase unit costs and limit industry's ability to meet demand. Higher cost-per-bit and complex ramps can compress long-term margins and slow share gains, challenging sustainable profitability over multi-year cycles.
MU FAQ
What was Micron Technology’s price range in the past 12 months?
Micron Technology lowest stock price was $103.38 and its highest was $1255.00 in the past 12 months.
What is Micron Technology’s market cap?
Micron Technology’s market cap is $1.04T.
When is Micron Technology’s upcoming earnings report date?
Micron Technology’s upcoming earnings report date is Sep 29, 2026 which is in 65 days.
How were Micron Technology’s earnings last quarter?
Micron Technology released its earnings results on Jun 24, 2026. The company reported $25.11 earnings per share for the quarter, beating the consensus estimate of $20.862 by $4.248.
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 $0.15 which represents an annual dividend yield of 0.06%. See more information on Micron Technology dividends here
What is Micron Technology’s EPS estimate?
Micron Technology’s EPS estimate is 31.16.
How many shares outstanding does Micron Technology have?
Micron Technology has 1,129,393,200 shares outstanding.
What happened to Micron Technology’s price movement after its last earnings report?
Micron Technology reported an EPS of $25.11 in its last earnings report, beating expectations of $20.862. Following the earnings report the stock price went up 15.741%.
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
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5
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7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$1,569.29 (244.84% Upside)
$1,569.29 (244.84% Upside)
Blogger Sentiment
Bullish
MU Sentiment 70%
Sector Average 63%
Sector Average 63%
Hedge Fund Trend
Decreased
By 1.9M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $3.1M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 0.4%
Last 30 Days ▲ 7.7%
Last 30 Days ▲ 7.7%
News Sentiment
Very Bullish
Bullish news 92%
Bearish news 8%
Bearish news 8%
Technicals
SMA
Positive
20 days / 200 days
Momentum
725.59%
12-Months-Change
Fundamentals
Return on Equity
0.06%
Trailing 12-Months
Asset Growth
71.07%
Trailing 12-Months
Company Description
Micron Technology
Micron Technology, Inc. is a global leader specializing in the development, manufacture, and sale of advanced semiconductor memory and storage solutions. Its operations are structured across four primary business segments: Compute and Networking, Mobile, Storage, and Embedded. The company's product portfolio encompasses a range of memory and data storage technologies. These include high-speed, low-latency Dynamic Random Access Memory (DRAM) components for rapid data retrieval; non-volatile, re-programmable NAND flash storage devices; and fast-read, non-volatile, re-writable NOR memory chips. These innovative solutions are offered under its well-known Micron and Crucial brands, as well as through private label partnerships. Micron's extensive offerings cater to a diverse array of markets and applications. This includes critical infrastructure like cloud servers and enterprise data centers, personal computing (client and graphics), mobile devices such as smartphones, networking equipment, automotive systems, industrial applications, and various consumer electronics. The company utilizes a multi-faceted approach to market its products, employing a direct sales force, independent sales representatives, and a network of distributors and retailers. Additionally, it leverages a web-based direct sales channel and collaborates with various channel and distribution partners. Founded in 1978, Micron Technology, Inc. is headquartered in Boise, Idaho.
MU Company Deck
MU Earnings Call
Q3 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call communicated exceptionally strong near-term financial performance (record revenue, gross margin, EPS, cash flow) and meaningful strategic progress (16 SCAs, technology ramps, HBM momentum, strong balance sheet). These positives were balanced against material industry-wide and structural challenges: persistent supply constraints expected beyond 2027, rising cost-per-bit and manufacturing complexity, heavy near-term capital spending, and some uncertainty around SCA pricing structure and the ultimate revenue mix. On balance, the company’s execution, cash generation, strategic contracts, and technology leadership substantially outweigh the risks highlighted, while the risks underscore multi-year capacity and cost challenges that management is explicitly 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
All Analysts
Top Analysts
Average Price Target
$1,569.29
▲(244.84% Upside)
Technical Analysis
1 Day
3 Days
1 Week
1 Month
Ownership Overview
0.21% Insiders
23.06% Mutual Funds
0.94% Other Institutional Investors
48.18% Public Companies and Individual Investors













