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

72,773 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 SheetA conservative balance sheet gives Micron greater capacity to withstand memory downturns, continue technology investment, and fund capacity expansion without excessive financial strain. Growing assets and equity further strengthen resilience as the company navigates a cyclical industry.
AI-led Demand VisibilityCommitted shipments and broadening AI-related demand improve forward revenue visibility beyond a single product cycle. Strong server growth and rising memory content in AI workloads can support utilization, product mix, and customer relationships across multiple future periods.
Memory Technology LeadershipA meaningful technology lead can support customer qualification, product performance, and pricing power in advanced memory markets. Continued progress from 1-gamma toward 1-delta also indicates a roadmap that may sustain competitiveness as demand shifts toward higher-performance solutions.
Bears Say
Severe Earnings CyclicalityMicron’s results remain highly exposed to memory pricing and volume cycles, making strong current profitability difficult to extrapolate across the full cycle. A downturn in demand or pricing could quickly reduce margins and earnings, creating material variability in operating performance.
Inconsistent Free Cash FlowAlthough cash generation recovered strongly, uneven free cash flow conversion can limit confidence in internally funded growth during weaker markets or heavy investment periods. This volatility may complicate capital allocation and leave cash generation lagging accounting profits when the cycle turns down.
Clean-room Capacity ConstraintsCapacity constraints can delay Micron’s ability to convert strong demand into shipment growth, particularly while advanced memory requirements are rising. The timing gap between facility openings and meaningful output may prolong supply bottlenecks and increase execution pressure during expansion.

Micron News

MU FAQ

What was Micron’s price range in the past 12 months?
Micron lowest stock price was $179.61 and its highest was $1255.00 in the past 12 months.
    What is Micron’s market cap?
    Micron’s market cap is $1.18T.
      When is Micron’s upcoming earnings report date?
      Micron’s upcoming earnings report date is Dec 23, 2026 which is in 76 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 0.05%. See more information on Micron dividends here
              What is Micron’s EPS estimate?
              Micron’s EPS estimate is 38.11.
                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 $31.77. 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

                      $1,630.19
                      ▲(74.73% 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":223.551,"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":240.225,"date":1764547200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n       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style=\"color:#199ca5\">Buy 63,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 4, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":412.433,"date":1772323200000,"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 67,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 4, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":367.793,"date":1775001600000,"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 54,\t&nbsp; </span>\n              <span  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style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":1032.121,"date":1782864000000,"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 73,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 2, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":823.03,"date":1785542400000,"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 67,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 2, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      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                      Ownership Overview

                      0.20%23.06%0.03%48.33%
                      0.03% Other Institutional Investors
                      48.33% Public Companies and Individual Investors
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