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Micron Technology, Inc. (MU)

POSITIVE
TechnologySemiconductorsUnited States

Price

$981.61

Market Cap

$1.11T

Fundamental

75

Technical

75

Composite

75

AI Analysis

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Overview

Micron Technology, Inc. designs, develops, manufactures, and sells memory and storage products in the United States, Taiwan, Japan, Mainland China, Hong Kong, Europe, and internationally. It operates through the Cloud Memory Business Unit; Core Data Center Business Unit; Mobile and Client Business Unit; and Automotive and Embedded Business Unit segments. The company provides memory products, including dynamic random access memory components and modules, CXL-based memory, LPDDR components and modules, graphics memory, high-bandwidth memory, and data center memory products; multichip packages (MCP) comprising embedded multimedia card-based, universal flash storage-based, and NAND-based MCPs; and technology leadership products that include 1y DRAM and G9 NAND technologies. It also offers storage products, such as data center solid-state drives (SSD), client SSD storage, and auto and industrial SSD storage; managed NAND; NAND flash; NOR flash; and memory cards. In addition, the company provides design tools, including FBGA and part decoders; DRAM power calculators; NAND power calculators; simulation models; chipset compatibility guides; serial presence-detection tools; cross-reference tools; UFSparm; SSD firmware; software and drivers; storage executive software; and obsolete part catalogs. It markets its semiconductor memory and storage products under the Micron and Crucial brands. The company serves the data center, PC, graphics, networking, automotive, industrial, and consumer embedded markets, as well as the smartphone and other mobile-device markets. It sells its products through its direct sales force, independent sales representatives, distributors, and retailers; web-based customer direct sales channel; and channel and distribution partners. Micron Technology, Inc. was founded in 1978 and is headquartered in Boise, Idaho.

Balance Sheet & Liquidity

Revenue

$23.86B

Net Income

$13.79B

Free Cash Flow

$6.38B

Total Equity

$72.46B

Total Liabilities

$29.05B

Current Ratio

2.90

Interest Coverage

-

Debt/EBITDA

1.80

Earnings Per Share

Revenue & Net Income

Free Cash Flow

Income Breakdown

Fair Value Estimation

Overvalued

Fair Value

$516.00

Current Price

$981.61

Margin of Safety

-90.2%

Fair Value Range

$335.40 - $696.61

Estimation Methods

Analyst Target:$828.73
DCF:$125.29
PE-based:$227.95
Graham Growth:$1091.38
EPV:$116.83
Analyst Consensus:Strong Buy (51B / 3H / 1S)
Last Earnings Surprise:+27.28%

Valuation Metrics

P/E Ratio

80.13

ROE

19.0%

P/B Ratio

15.28

P/FCF

173.56

Gross Margin

74.4%

ROIC

14.6%

Value Creation (Economic Moat)

ROIC

14.6%

WACC

16.2%

ROIC − WACC

-1.6 pp

ROIC is below the cost of capital — the company is destroying value for every dollar invested.

Fundamental Analysis Criteria

Passed (21)

  • EPS shows upward trend
  • EPS CAGR 71.38%
  • Price CAGR 46.26%
  • ROIC 14.6%
  • Gross Margin 74.4%
  • Debt/Equity ratio
  • Operating Margin 67.6%
  • Positive Free Cash Flow
  • Current Ratio
  • Debt/EBITDA
  • Return on Tangible Assets
  • Low reliance on intangibles
  • ROE 40.8%
  • Revenue Growth 5Y 11.8%
  • Analyst Consensus 93% Buy
  • Earnings Surprise avg 15.8%
  • PEG Ratio 1.76
  • Earnings Quality (OCF/NI) 0.86
  • Share Dilution 0.1%
  • Net Margin Trend 57.8% vs 38.4%
  • Piotroski F-Score 8/9

Failed (5)

  • P/FCF 173.56
  • P/B Ratio 15.28
  • CapEx intensity
  • Price below Graham Number
  • DCF valuation (Overvalued)

Unavailable (2)

  • Dividend Payout NaN%
  • Interest Coverage

Price Chart

Technical Indicators

RSI (14)

60.77

SMA 50

$677.65

SMA 200

$381.71

MACD

-11.18

Volatility

4.2%

Momentum (12m)

744.9%

RSI 60.8, SMA trend bullish, momentum 744.9%.

Piotroski F-Score

8/9

Strong financial health

score
criteria

Earnings Quality

0.86

Moderate: some gap between profits and cash

Share Dilution

10.0%

Issuing new shares, diluting ownership

Governance

Executive Team

NameTitleAge
Mr. Sanjay MehrotraCEO, President & Chairman66
Mr. Mark J. MurphyExecutive VP & CFO57
Mr. Manish H. BhatiaExecutive Vice President of Global Operations53
Dr. Scott J. DeBoer Ph.D.Executive VP and Chief Technology & Products Officer59
Mr. Sumit SadanaExecutive VP & Chief Business Officer56
Mr. Scott R. AllenCorporate VP & Chief Accounting Officer57
Mr. Anand BahlCorp. VP & Chief Information Officer-
Mr. Satya KumarCorporate VP of Investor Relations & Treasurer-
Mr. Michael Charles Ray Ph.D.Senior VP, Chief Legal Officer & Corporate Secretary57
Mr. Michael D. CordanoExecutive VP of Worldwide Sales61

Audit Risk

1

Board Risk

7

Compensation Risk

6

Shareholder Rights Risk

1

Latest News

Recent headlines for MU, sourced from Markets Gazette.

  • 2h agoPOSITIVE
    Micron Likely To Report Higher Q3 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

    Micron Technology is poised for a strong Q3 earnings report on June 24th, with analysts projecting $19.74 per share on $34.44 billion in revenue. This optimism is bolstered by a recent announcement on June 10th regarding a new construction partner, which has already seen MU shares surge 10.8% by June 22nd. The company's analysts maintain a positive outlook, with accuracy rates between 75-88%. Recent upgrades from firms like Wedbush and maintained Buy ratings from Goldman Sachs and New Street Research further underscore the positive sentiment surrounding the stock.

  • 1d agoNEUTRAL
    Micron and Sandisk shares are phenomenally ‘overbought.’ Are memory stocks flying too close to the sun?

    Micron Technology and Western Digital (Sandisk) shares are exhibiting signs of being 'overbought' due to booming AI demand, according to market analysis. Despite this technical indicator, persistent hardware backlogs are continuing to fuel a rally in memory stocks. Investors are weighing the current surge against the potential for a correction, as the strong demand for AI-related hardware continues to outstrip supply, creating a complex market dynamic for these semiconductor players.

  • 1d agoNEUTRAL
    Micron, Marvell, Fox, Fiserv And Western Digital: Why These 5 Stocks Are On Investors' Radars Today

    Micron Technology (MU), Marvell Technology (MRVL), Fox Corporation (FOX), Fiserv Inc. (FISV), and Western Digital Corporation (WDC) were highlighted as stocks drawing significant investor attention on Monday, June 15, 2026. While the article lists these companies as trending, it does not provide specific reasons or catalysts for their increased visibility. Investors should conduct further due diligence to understand the underlying factors influencing these particular stocks' movements and potential trading opportunities.

  • 2d agoPOSITIVE
    Micron bulls are getting even more optimistic about memory trends as earnings draw closer

    Micron Technology is seeing increased optimism from bulls as its earnings report approaches, fueled by strong demand for CPUs. Analysts suggest this demand is bolstering expectations for sustained memory pricing power extending into next year. This positive outlook indicates potential for strong revenue and profit growth, as memory chips are a key component in computing devices. Investors are likely anticipating favorable guidance and performance metrics, which could lead to an upward re-evaluation of the stock.

  • 4d agoPOSITIVE
    Micron Stock Has Become Volatile, But Key Metric Hints at Further Gains

    Micron Technology's stock has experienced significant volatility recently, yet key valuation metrics indicate potential for further appreciation. Despite price fluctuations, the underlying financial health and future prospects, particularly within the memory chip sector, suggest that the current valuation may not fully reflect its long-term growth trajectory. Investors are advised to monitor the company's upcoming earnings reports and industry trends for confirmation of sustained upward momentum, as the current metrics point towards an undervalued position relative to its potential.

  • 6d agoPOSITIVE
    Micron’s stock rebounds after ‘healthy’ reset, and analysts see blue skies ahead

    Micron Technology Inc. (MU) shares are showing signs of a strong rebound, with analysts highlighting a 'healthy' reset and favorable future prospects. Current valuation multiples are noted as being inexpensive compared to S&P 500 peers, suggesting significant room for expansion. Two prominent analysts have identified specific catalysts that could drive this valuation multiple higher, potentially leading to substantial stock price appreciation. This positive outlook, coupled with a reset in operations, positions Micron as an attractive investment opportunity for those seeking growth in the semiconductor sector.

  • 8d agoPOSITIVE
    Micron and other memory makers are driving a ‘supercycle’ for this corner of the chip sector

    Micron Technology Inc. is at the forefront of a 'supercycle' in the memory chip sector, according to a UBS analyst. Chip-equipment companies are experiencing unprecedented visibility into manufacturers' supply plans, indicating strong future demand and production. This heightened insight suggests robust order books and a positive outlook for memory chip producers and their suppliers. Investors should note this trend as a potential indicator of sustained growth and profitability for companies involved in the memory chip ecosystem, driven by increasing demand for semiconductors.

  • 9d agoPOSITIVE
    Micron’s stock bounces back in a big way: ‘The memory trade is alive and well’

    Micron Technology's stock experienced a significant rebound, fueled by analyst optimism regarding long-term supply agreements that are enhancing the earnings potential of memory chip companies. This positive sentiment suggests a favorable outlook for the memory trade, indicating that strategic partnerships and supply chain stability are translating into improved financial prospects for key players in the sector. Investors are likely to view these developments as a strong indicator of sustained growth and profitability.

via Markets Gazette

Disclaimer

This platform is for educational purposes only. It does not provide financial, investment, or trading advice. All scores, valuations, and signals are based on automated analysis of publicly available data that may be incomplete or inaccurate. Always conduct your own research and consult a qualified financial advisor before making investment decisions.

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