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Micron (MU) Stock Price & Analysis

74,701 Followers

MU Stock Chart & Stats

$778.31-$20.13(-2.52%)
At close: 4:00 PM EST
$750$1KAug 17Aug 31Sep 14Sep 28Oct 12Oct 26Nov 9
Day’s Range
$750.25 - $796.18
52-Week Range
$192.59 - $1,255.00
Previous Close
$798.44
Volume
N/A
Average Volume (3M)
29.26M
Market Cap
$880.60B
Enterprise Value
$1.06T
Total Cash (Recent Filing)
$43.43B
Total Debt (Recent Filing)
$5.18B
Price to Earnings (P/E)
10.3
Beta
2.66
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 low leverage and expanding equity provide financial resilience through memory downturns, when operating results can swing sharply. This stronger balance sheet supports continued investment in capacity and technology while preserving flexibility to manage cyclical industry conditions.

AI-Driven Demand Visibility

Committed shipments and strong server growth improve demand visibility beyond the current quarter. AI workloads are broadening memory usage across servers and other applications, supporting durable volume, product-mix, and utilization opportunities over the next several quarters.

HBM Technology Position

The NVIDIA HBM4E collaboration and Micron’s stated HBM position connect the company to a structurally expanding AI-memory market. Customized, high-performance products can deepen customer integration and support differentiated growth as HBM adoption increases.

Bears Say

Severe Earnings Cyclicality

Micron’s large swings from losses to strong profitability show that earnings remain highly exposed to memory pricing and shipment cycles. A future supply-demand imbalance could therefore reduce margins, cash generation, and the reliability of near-term financial performance.

Inconsistent Free Cash Flow

Although recent cash generation improved substantially, the multi-year record shows that free cash flow can deteriorate sharply during down-cycles or heavy investment periods. This variability may constrain internally funded growth and complicate capital allocation when conditions weaken.

Capacity And Ramp Constraints

Limited clean-room capacity delays Micron’s ability to convert strong demand into incremental supply, particularly while HBM and advanced products require space. The resulting timing gap can restrict revenue growth and leave start-up costs before new capacity contributes fully.

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 $880.60B.
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 38 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 72,325,790 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