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Micron (MU) Stock Price & Analysis

74,641 Followers

MU Stock Chart & Stats

$798.44-$12.86(-1.59%)
At close: 4:00 PM EST
$750$1KAug 17Aug 31Sep 14Sep 28Oct 12Oct 26Nov 9
Day’s Range
$764.57 - $799.70
52-Week Range
$192.59 - $1,255.00
Previous Close
$811.30
Volume
N/A
Average Volume (3M)
29.25M
Market Cap
$917.92B
Enterprise Value
$1.06T
Total Cash (Recent Filing)
$43.43B
Total Debt (Recent Filing)
$5.18B
Price to Earnings (P/E)
10.5
Beta
2.64
Next Earnings
Dec 23, 2026 (Est.)
EPS Estimate
38.23
Last Dividend Ex-Date
Oct 14, 2026
Dividend Yield
0.07%

Bulls Say, Bears Say

Bulls Say

Conservative Balance Sheet

Micron’s stronger balance sheet provides resilience in a highly cyclical memory market. Low leverage and expanding equity improve its ability to withstand downturns, continue strategic investment, and fund capacity or technology initiatives without relying excessively on external financing.

AI-driven Demand Visibility

Committed shipments and accelerating HBM demand improve visibility across the next several quarters. AI-related memory requirements can support volume, mix, and pricing, while long-term customer commitments strengthen planning and reduce the risk that future capacity investments lack demand support.

Technology Leadership

A meaningful process-technology lead can support product competitiveness and customer qualification across memory markets. Micron’s advanced-node position may help it capture higher-value demand, protect strategic relevance with customers, and sustain differentiation as AI applications increase performance requirements.

Bears Say

Severe Earnings Cyclicality

Micron’s profitability remains highly sensitive to memory pricing and shipment volumes. The sharp swing from losses and weak earnings to strong results means current performance may not persist through a down-cycle, creating durable uncertainty around earnings power and capital allocation capacity.

Inconsistent Free Cash Flow

Cash generation has not consistently tracked reported profits across the cycle. Periods of weak or negative free cash flow can constrain internally funded investment, increase dependence on balance-sheet resources, and make shareholder returns or expansion spending less predictable when industry conditions weaken.

Capacity And Ramp Constraints

Limited clean-room availability can delay the conversion of strong demand into additional shipments and revenue. The timing gap before new facilities contribute meaningfully, together with start-up costs and slower NAND bit growth, may restrain near-term operating leverage and execution.

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 $917.92B.
When is Micron’s upcoming earnings report date?
Micron’s next earnings report is estimated for Dec 23, 2026 (not yet confirmed), which is in 40 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 0.07%. 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?
Hedge funds hold Micron shares: the largest hedge-fund position in Micron is 71,885,863 shares, and hedge funds increased their holdings by 4.4M shares last quarter.
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