Micron Technology (MU)
NASDAQ:MU
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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 - $1,089.29
Previous CloseN/A
Volume16.58M
Average Volume (3M)52.50M
Market Cap
$1.07T
Enterprise Value$1.09T
Total Cash (Recent Filing)$14.62B
Total Debt (Recent Filing)$10.80B
Price to Earnings (P/E)44.3
Beta2.66
Next Earnings
Jun 24, 2026EPS Estimate
19.79Next Dividend Ex-DateN/A
Dividend Yield0.2%
Share Statistics
EPS (TTM)21.46
Shares Outstanding1,127,734,000
10 Day Avg. Volume55,964,591
30 Day Avg. Volume52,502,468
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 Cap1.02
Enterprise Value/Revenue18.81
Enterprise Value/Gross Profit32.19
Enterprise Value/Ebitda29.44
Forecast
1Y Price Target
$939.00Price Target Upside106.34% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering29
EPS Forecast (FY)59.02
Revenue Forecast (FY)$109.14B
Bulls Say, Bears Say
Bulls Say
Strong Cash GenerationSustained, large operating and free cash flow provides durable funding for fabs, R&D, dividends and opportunistic buybacks. Robust cash generation strengthens flexibility to execute multi‑year investments and absorb cycle troughs without immediate financing stress.
Conservative Balance Sheet / Low LeverageLow leverage and sizable liquidity give structural financial flexibility to fund heavy CapEx, reduce interest expense risk, and prioritize shareholder returns while retaining capacity to manage adversities in a capital‑intensive industry.
Technology Leadership And Data‑center MomentumAdvancing node transitions (1γ), HBM4 and G9 NAND ramps, and rising data‑center SSD share create durable structural advantages into higher‑value, less price‑sensitive end markets, supporting long‑term ASP and margin resilience versus commodity segments.
Bears Say
Very Large And Rising CapEx CommitmentsMulti‑year, high‑teens‑to‑twenties‑billion CapEx raises execution, timing and financing risk. Large construction‑related spend can strain cash conversion if demand softens, increase fixed costs, and require flawless project delivery across global fabs over several years.
Pronounced Cyclical Earnings VolatilityMemory markets exhibit deep swings in ASPs and utilization. Historical swings from losses to peak margins imply planning and capital allocation are highly sensitive to cycle timing, challenging sustained returns and complicating multi‑year investment payoff visibility.
Industry Supply Constraints And Tight InventoryOngoing allocation and constrained supply limit ability to convert demand into sales, risk customer dislocation, and create dependence on tight pricing dynamics. Low inventory days reduce buffers against disruptions and amplify sensitivity to supply‑chain or fab setbacks.
Micron News
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 $1089.29 in the past 12 months.
What is Micron Technology’s market cap?
Micron Technology’s market cap is $1.07T.
When is Micron Technology’s upcoming earnings report date?
Micron Technology’s upcoming earnings report date is Jun 24, 2026 which is in 14 days.
How were Micron Technology’s earnings last quarter?
Micron Technology released its earnings results on Mar 18, 2026. The company reported $12.2 earnings per share for the quarter, beating the consensus estimate of $9.186 by $3.014.
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 0.2%. See more information on Micron Technology dividends here
What is Micron Technology’s EPS estimate?
Micron Technology’s EPS estimate is 19.79.
How many shares outstanding does Micron Technology have?
Micron Technology has 1,127,734,000 shares outstanding.
What happened to Micron Technology’s price movement after its last earnings report?
Micron Technology reported an EPS of $12.2 in its last earnings report, beating expectations of $9.186. Following the earnings report the stock price went down -3.782%.
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
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
$939.00 (106.34% Upside)
$939.00 (106.34% Upside)
Blogger Sentiment
Bullish
MU Sentiment 88%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 1.9M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $13.2M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 0.7%
Last 30 Days ▲ 10.9%
Last 30 Days ▲ 10.9%
News Sentiment
Bullish
Bullish news 79%
Bearish news 20%
Bearish news 20%
Technicals
SMA
Positive
20 days / 200 days
Momentum
714.82%
12-Months-Change
Fundamentals
Return on Equity
40.84%
Trailing 12-Months
Asset Growth
38.95%
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
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call communicated exceptionally strong and broad-based operating and financial performance — record revenue, record margins, record free cash flow, aggressive upward guidance (Q3 revenue guide ~$33.5B and gross margin ~81%), technology wins (HBM4 shipments, 1γ and G9 ramps), and major balance sheet improvement (net cash, debt reduction, dividend increase). Offsetting risks are meaningful and structural: severe DRAM/NAND supply constraints, tight inventory, very large near-term CapEx (>$25B in FY26 and a further step-up in FY27), potential demand softness in price-sensitive consumer markets, and unspecified terms around long-term SCAs. On balance, the highlights substantially outweigh the lowlights given the magnitude of record results, strong guidance, and clear technology roadmap, while the company is proactively investing to address supply; therefore the overall tone is positive but with notable operational and capital execution risks that management is 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
$939.00
▲(106.34% Upside)
Technical Analysis
Ownership Overview
0.21% Insiders
22.96% Mutual Funds
17.51% Other Institutional Investors
29.20% Public Companies and Individual Investors