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Micron (MU) Price & Analysis

MU Stock Chart & Stats

$884.74-$49.53(-5.30%)
At close: 4:00 PM EDT
$900$1,000$1,1003 Aug17 Aug31 Aug14 Sep28 Sep12 Oct26 Oct
Day’s Range
$861.59 - $906.54
52-Week Range
$192.59 - $1,255.00
Previous Close
$934.27
Volume
40.80M
Average Volume (3M)
26.24M
Market Cap
$1.00T
Enterprise Value
$1.06T
Total Cash (Recent Filing)
$43.43B
Total Debt (Recent Filing)
$5.18B
Price to Earnings (P/E)
11.7
Beta
2.54
Next Earnings
Dec 23, 2026
EPS Estimate
38.23
Next Dividend Ex-Date
N/A
Dividend Yield
0.06%

Bulls Say, Bears Say

Bulls Say

Conservative Balance Sheet

Micron’s low leverage and expanding asset and equity base provide financial resilience through memory downturns. This strengthens its ability to fund capacity, technology development, and strategic investments while retaining flexibility when industry pricing and profitability weaken.

AI-driven Demand And Committed Shipments

High shipment commitments improve medium-term demand visibility and support utilization of Micron’s expanding product portfolio. Server growth and agentic AI create broader memory requirements, helping sustain demand beyond a single device category and supporting future revenue durability.

HBM And Technology Leadership

Faster HBM growth and advanced process leadership position Micron to participate in expanding AI memory demand. A stronger technology position can support premium products, improve customer relevance, and help defend competitiveness as memory requirements become more demanding.

Bears Say

Severe Earnings Cyclicality

Micron’s results remain highly exposed to memory pricing, volumes, and industry supply-demand changes. The history of losses and weak profitability shows that even strong current earnings can reverse materially, making sustainable returns and planning less predictable across the cycle.

Inconsistent Free Cash Flow

Strong recent cash generation is encouraging, but the multi-year pattern shows that cash conversion can deteriorate sharply during down-cycles or investment-heavy periods. This variability may constrain internally funded growth and complicate capital allocation when operating conditions weaken.

Capacity Constraints And Execution Costs

Limited clean-room availability can delay Micron’s ability to convert demand into additional supply, even with Idaho output beginning in 2027. The ramp also requires time and incurs start-up costs, which may restrain near-term margin expansion despite favorable pricing.

Micron News

MU FAQ

What was Micron’s price range in the past 12 months?
Micron lowest stock price was $192.59 and its highest was $1255.00 in the past 12 months.
What is Micron’s market cap?
Micron’s market cap is $1.00T.
When is Micron’s upcoming earnings report date?
Micron’s upcoming earnings report date is Dec 23, 2026 which is in 52 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.
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 38.23.
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