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Micron (MU)
NASDAQ:MU
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Micron (MU) Price & Analysis

73,580 Followers

MU Stock Chart & Stats

$932.97
-$69.26(-6.99%)
At close: 4:00 PM EDT
$932.97
-$69.26(-6.99%)

Bulls Say, Bears Say

Bulls Say
Conservative Balance SheetLow leverage and expanding equity provide Micron with financial resilience through memory downturns. This supports continued investment in capacity and technology while reducing the risk that cyclical operating weakness forces disruptive financing or limits strategic flexibility.
Committed AI-driven DemandSubstantial shipment commitments and strong server growth improve forward demand visibility across the planning horizon. AI-related memory requirements can support utilization, revenue durability, and better operating leverage even as individual end-market volumes fluctuate.
HBM And Technology LeadershipTechnology leadership and faster-growing HBM exposure strengthen Micron’s position in advanced memory, where performance and qualification matter. The NVIDIA HBM4E collaboration and node progress may support differentiated products and sustain relevance as AI workloads expand.
Bears Say
Severe Memory-cycle Earnings VolatilityMicron’s earnings remain highly exposed to memory pricing and volume cycles. The history of losses and thin margins shows that strong current profitability may not persist, creating material downside to earnings power when supply-demand conditions weaken.
Inconsistent Free Cash Flow ConversionCash generation can lag reported profits during downturns or investment-heavy periods, reducing internally funded flexibility. Although 2026 improved sharply, the multi-year inconsistency makes capital planning and shareholder returns more dependent on favorable cycle conditions.
Capacity Constraints And Execution CostsLimited clean-room capacity delays meaningful supply growth even after new facilities begin producing, potentially restricting revenue capture during strong demand. Start-up costs add a further near-term burden and can temper margin expansion as capacity ramps.

Micron News

MU FAQ

What was Micron’s price range in the past 12 months?
Micron lowest stock price was $192.40 and its highest was $1255.00 in the past 12 months.
    What is Micron’s market cap?
    Micron’s market cap is $1.03T.
      When is Micron’s upcoming earnings report date?
      Micron’s upcoming earnings report date is Dec 23, 2026 which is in 62 days.
        How were Micron’s earnings last quarter?
        Micron released its earnings results on Sep 30, 2026. The company reported $33.42 earnings per share for the quarter, beating the consensus estimate of $31.77 by $1.65.
          Is Micron overvalued?
          According to Wall Street analysts Micron’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
            Does Micron pay dividends?
            Micron pays a Quarterly dividend of $0.15 which represents an annual dividend yield of 0.06%. See more information on Micron dividends here
              What is Micron’s EPS estimate?
              Micron’s EPS estimate is 38.19.
                How many shares outstanding does Micron have?
                Micron has 1,131,423,200 shares outstanding.
                  What happened to Micron’s price movement after its last earnings report?
                  Micron reported an EPS of $33.42 in its last earnings report, beating expectations of $31.77. Following the earnings report the stock price went up 3.031%.
                    Which hedge fund is a major shareholder of Micron?
                    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

                      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.

                      Micron (MU) Earnings & Revenues

                      MU Company Deck

                      MU Earnings Call

                      Q4 2026
                      0:00 / 0:00
                      Earnings Call Sentiment|Positive
                      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 MU earnings summaries

                      MU Revenue Breakdown

                      36.18%36.18%19.34%31.73%12.72%0.03%
                      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
                      tipranks

                      MU Stock 12 Month Forecast

                      Average Price Target

                      $1,585.93
                      ▲(69.99% Upside)
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<span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 76,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 9, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":223.516,"date":1761955200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 65,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 7, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":240.187,"date":1764547200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n       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                      Ownership Overview

                      0.20%23.02%1.11%48.20%
                      1.11% Other Institutional Investors
                      48.20% Public Companies and Individual Investors
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