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MU Stock Chart & Stats
$932.97
-$69.26(-6.99%)
At close: 4:00 PM EDT
$932.97
-$69.26(-6.99%)
Day’s Range― - ―
52-Week Range$163.96 - $1,255.00
Previous CloseN/A
Volume40.80M
Average Volume (3M)24.67M
Market Cap
$1.20T
Enterprise Value$1.04M
Total Cash (Recent Filing)$26.02B
Total Debt (Recent Filing)$6.38B
Price to Earnings (P/E)24.1
Beta2.51
Next Earnings
Dec 23, 2026EPS Estimate
35.47Next Dividend Ex-DateN/A
Dividend Yield0.05%
Share Statistics
EPS (TTM)44.81
Shares Outstanding1,129,393,200
10 Day Avg. Volume24,749,682
30 Day Avg. Volume24,673,537
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
$1,469.25Price Target Upside57.48% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering21
EPS Forecast (FY)160.05
Revenue Forecast (FY)$255.16B
Bulls Say, Bears Say
Bulls Say
Strong Revenue And Profitability ReboundMicron has demonstrated powerful operating leverage as memory demand and pricing improved, producing sharply higher revenue and exceptional profitability. This strengthens internal funding capacity, supports investment in technology and capacity, and confirms strong exposure to growing data-center and AI memory demand.
Conservative Balance Sheet And Strong Cash GenerationLow leverage gives Micron financial flexibility through future memory-cycle downturns, while substantial operating and free cash flow can fund capacity expansion, technology development, debt reduction, and shareholder returns. The stronger capital structure improves resilience when industry pricing or volumes weaken.
Strategic Agreements Improve Demand VisibilityStrategic customer agreements and substantial contractual minimums provide greater demand visibility than purely spot-market exposure. Coverage across DRAM and NAND can support capacity planning, deepen relationships with major customers, and reinforce Micron’s position in strategically important AI and data-center memory markets.
Bears Say
Results Remain Highly CyclicalMicron’s dependence on memory supply, demand, and average selling prices creates substantial earnings volatility. Even strong current margins may normalize as industry conditions change, making profitability and cash generation less predictable and complicating long-term planning, capacity decisions, and shareholder-return expectations.
Heavy And Rising Investment BurdenLarge capacity and technology investments are necessary to support growth but increase fixed-cost and execution demands. Higher depreciation, ramp costs, construction spending, and operating expenses could pressure free cash flow and margins if demand or pricing weakens before new capacity generates sufficient returns.
HBM Patent Litigation Creates Regulatory RiskThe newly initiated ITC proceedings introduce a structural legal and regulatory risk to Micron’s advanced HBM product roadmap. If the allegations ultimately affect product sales or customer deployments, the matter could increase costs, delay commercialization, or constrain access to an important AI-memory growth opportunity.
Micron News
MU FAQ
What was Micron’s price range in the past 12 months?
Micron lowest stock price was $163.96 and its highest was $1255.00 in the past 12 months.
What is Micron’s market cap?
Micron’s market cap is $1.20T.
When is Micron’s upcoming earnings report date?
Micron’s upcoming earnings report date is Dec 23, 2026 which is in 83 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 $31.725 by $1.695.
Is Micron overvalued?
According to Wall Street analysts Micron’s price is currently Undervalued.
Does Micron pay dividends?
Micron pays a Quarterly dividend of $0.15 which represents an annual dividend yield of 0.05%. See more information on Micron dividends here
What is Micron’s EPS estimate?
Micron’s EPS estimate is 35.47.
How many shares outstanding does Micron have?
Micron has 1,129,393,200 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 $31.725. Following the earnings report the stock price went up 15.741%.
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
Micron Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$1,469.25 (57.48% Upside)
$1,469.25 (57.48% Upside)
Blogger Sentiment
Bullish
MU Sentiment 76%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 2.8M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $16.4M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days <0.1%
Last 30 Days ▲ 1.3%
Last 30 Days ▲ 1.3%
News Sentiment
Very Bullish
Bullish news 89%
Bearish news 11%
Bearish news 11%
Technicals
SMA
Positive
20 days / 200 days
Momentum
550.87%
12-Months-Change
Fundamentals
Return on Equity
0.05%
Trailing 12-Months
Asset Growth
71.07%
Trailing 12-Months
Learn more about TipRanks 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.
MU Company Deck
MU Earnings Call
Q4 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
Average Price Target
$1,469.25
▲(57.48% Upside)
Technical Analysis
Ownership Overview
0.20% Insiders
23.06% Mutual Funds
18.94% Other Institutional Investors
29.09% Public Companies and Individual Investors