Micron stock analysis
Micron (0R2T) Share Price & Analysis
0R2T Stock Chart & Stats
- Day’s Range
- $730.01 - $827.59
- 52-Week Range
- $195.00 - $1,255.00
- Previous Close
- $712.70
- Volume
- N/A
- Average Volume (3M)
- 125.39K
- Market Cap
- $820.41B
- Enterprise Value
- $1.06T
- Total Cash (Recent Filing)
- $43.43B
- Total Debt (Recent Filing)
- $5.18B
- Price to Earnings (P/E)
- 10.8
- Beta
- 1.24
- Next Earnings
- Dec 23, 2026 (Est.)
- EPS Estimate
- 38.23
- Next Dividend Ex-Date
- N/A
- Dividend Yield
- 0.07%
Bulls Say, Bears Say
Bulls Say
Conservative Balance Sheet
Micron’s low leverage and expanding equity provide financial resilience in a cyclical memory market. This strengthens its ability to fund capacity, technology development, and downturn protection while preserving flexibility for long-term strategic investment.
Committed Demand And Tight Markets
High shipment commitments improve demand visibility and support production planning over the next several quarters. Persistently tight conditions, combined with expected pricing and mix benefits, could sustain revenue quality and support further margin expansion.
HBM Technology Position
Micron’s HBM position connects the company to the rapidly expanding AI memory market and higher-value customized products. Its reported collaboration with NVIDIA and expected HBM growth can strengthen product relevance, mix, and competitive positioning.
Bears Say
Severe Earnings Cyclicality
Memory pricing and shipment cycles can produce sharp changes in revenue, margins, and earnings, making recent strength difficult to extrapolate. A downturn could quickly reduce profitability and weaken operating performance despite the solid balance sheet.
Inconsistent Free Cash Flow
The uneven conversion of profits into free cash flow shows that cash generation can deteriorate during down-cycles or investment-heavy periods. This may constrain internally funded expansion and make capital allocation more dependent on market conditions.
Capacity And NAND Growth Constraints
Below-industry NAND growth and limited clean-room availability could restrict Micron’s ability to capture demand while markets remain tight. Delayed capacity also raises the risk that supply, revenue growth, and operating leverage arrive later than planned.
Micron News
0R2T FAQ
What was Micron’s price range in the past 12 months?
What is Micron’s market cap?
When is Micron’s upcoming earnings report date?
How were Micron’s earnings last quarter?
Is Micron overvalued?
Does Micron pay dividends?
What is Micron’s EPS estimate?
How many shares outstanding does Micron have?
What happened to Micron’s price movement after its last earnings report?
Which hedge fund is a major shareholder of Micron?
What is the TipRanks Smart Score and how is it calculated?
Micron Stock Smart Score
Company Description
Micron
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.
- Sector
- General
- Industry
- Semiconductors
- CEO
- Sanjay Mehrotra
- Employees
- 61,000
- Website
- www.micron.com
- Address
- 8000 South Federal Way, Boise, ID, 83716-9632, US
Micron (0R2T) Earnings & Revenues
0R2T Company Deck
0R2T Earnings Call
Earnings Call SentimentPositive
The call was strongly constructive, with management citing robust and broadening AI-driven demand, more than 75% of fiscal 2027 shipments committed, expanding supply agreements, favorable pricing and mix, technology leadership, and continued investment in future capacity. The main challenges were sequential mobile and client bit shipment declines, NAND growth below the industry average, decelerating DRAM supply growth, clean room constraints, and start-up costs. The highlights significantly outweighed the lowlights.
View all GB:0R2T earnings summaries0R2T Net sales 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
0R2T Stock 12 Month Forecast
Average Price Target
Technical Analysis
Overall Consensus
| Indicator | Bullish | Neutral | Bearish |
|---|---|---|---|
| Overall Consensus | 8 | 6 | 8 |
| Technical Analysis | 2 | 6 | 2 |
| Moving Averages | 6 | 0 | 6 |















