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

66,581 Followers

MU Stock Chart & Stats

$455.07
-$2.53(-2.48%)
At close: 4:00 PM EST
$455.07
-$2.53(-2.48%)

Bulls Say, Bears Say

Bulls Say
Strong Cash Generation & Balance SheetConsistent, large free cash flow and a net cash position materially improve Micron’s financial flexibility. Durable cash generation funds aggressive CapEx, supports customer financing and buybacks, and provides a multi-quarter buffer through memory cycles and margin volatility.
Strategic Customer Agreements (SCAs) Add VisibilityLarge SCAs provide multi-year volume commitments and upfront deposits that improve revenue visibility and capacity planning. Structural contract coverage reduces short-term demand swings' impact on utilization, helping stabilize production cadence and long-term supplier relationships.
Technology & Product Leadership (HBM, New Nodes)Leading-edge DRAM/NAND and faster HBM ramps position Micron to capture structurally growing AI and data-center demand. Technology leadership yields higher ASPs and stronger mix, creating sustainable competitive advantage as compute intensifies and differentiated memory products gain share.
Bears Say
Persistent Industry Supply ConstraintsProlonged tight supply limits Micron’s ability to scale bit shipments quickly and forces allocation dynamics with customers. Long lead times for fabs, permitting and skilled labor mean capacity responses are slow, raising execution risk and elongating cycles for revenue normalization.
Rising Cost-per-bit & Manufacturing ComplexityHigher cost-per-bit from advanced nodes and packaging increases structural production costs. Unless offset by sustained ASP improvements, rising unit costs compress long-term margins, increase break-evens for new fabs, and raise the hurdle for profitable scaling of next-gen products.
Very High And Rising Capital & Operating SpendSustained multi-year CapEx and rising OpEx materially increase capital intensity and delay return on invested capital. Heavy near-term investment raises execution and funding risk, reduces free-cash-flow in downturns, and amplifies sensitivity to cycle shifts and technology ramp timing.

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 $1255.00 in the past 12 months.
    What is Micron Technology’s market cap?
    Micron Technology’s market cap is $963.60B.
      When is Micron Technology’s upcoming earnings report date?
      Micron Technology’s upcoming earnings report date is Sep 29, 2026 which is in 73 days.
        How were Micron Technology’s earnings last quarter?
        Micron Technology released its earnings results on Jun 24, 2026. The company reported $25.11 earnings per share for the quarter, beating the consensus estimate of $20.862 by $4.248.
          Is Micron Technology overvalued?
          According to Wall Street analysts Micron Technology’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
            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 31.16.
                How many shares outstanding does Micron Technology have?
                Micron Technology has 1,129,393,200 shares outstanding.
                  What happened to Micron Technology’s price movement after its last earnings report?
                  Micron Technology reported an EPS of $25.11 in its last earnings report, beating expectations of $20.862. Following the earnings report the stock price went up 15.741%.
                    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

                      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.

                      Micron (MU) Earnings & Revenues

                      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

                      $1,569.29
                      ▲(244.84% Upside)
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                      Ownership Overview

                      0.21%23.06%0.26%48.93%
                      0.26% Other Institutional Investors
                      48.93% Public Companies and Individual Investors
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