Micron Technology is forecast to grow earnings and revenue by 31.5% and 17.8% per annum respectively. EPS is expected to grow by 36.7% per annum. Return on equity is forecast to be 15.6% in 3 years.
Key information
31.5%
Earnings growth rate
36.7%
EPS growth rate
Semiconductor earnings growth
0%
Revenue growth rate
17.8%
Future return on equity
15.6%
Analyst coverage
Good
Last updated
08 Nov 2024
Recent future growth updates
Recent updates
Earnings and Revenue Growth Forecasts
BASE:MUD - Analysts future estimates and past financials data (USD Millions)
Date
Revenue
Earnings
Free Cash Flow
Cash from Op
Avg. No. Analysts
8/31/2027
44,832
11,879
5,617
21,117
9
8/31/2026
46,126
12,430
6,933
22,993
32
8/31/2025
38,180
8,986
3,185
16,710
33
8/29/2024
25,111
778
121
8,507
N/A
5/30/2024
21,371
-1,539
-1,376
5,351
N/A
2/29/2024
18,312
-3,767
-3,309
2,893
N/A
11/30/2023
16,181
-6,872
-5,006
2,017
N/A
8/31/2023
15,540
-5,833
-6,117
1,559
N/A
6/1/2023
18,173
-2,911
-4,741
5,087
N/A
3/2/2023
23,063
1,611
-1,944
8,901
N/A
12/1/2022
27,156
6,186
935
12,186
N/A
9/1/2022
30,758
8,687
3,114
15,181
N/A
6/2/2022
32,389
9,915
4,819
15,288
N/A
3/3/2022
31,169
9,024
4,860
15,010
N/A
12/2/2021
29,619
7,364
3,882
14,439
N/A
9/2/2021
27,705
5,861
2,438
12,468
N/A
6/3/2021
25,487
4,129
560
10,855
N/A
3/4/2021
23,503
3,197
-662
9,318
N/A
12/3/2020
22,064
2,999
-756
8,262
N/A
9/3/2020
21,435
2,687
83
8,306
N/A
5/28/2020
20,249
2,260
297
8,268
N/A
2/27/2020
19,599
2,297
526
8,956
N/A
11/28/2019
20,637
3,511
1,367
10,390
N/A
8/29/2019
23,406
6,313
3,409
13,189
N/A
5/30/2019
26,976
10,077
6,108
16,111
N/A
2/28/2019
29,985
13,060
7,650
17,661
N/A
11/29/2018
31,501
14,750
8,951
18,574
N/A
8/30/2018
30,391
14,135
8,521
17,400
N/A
5/31/2018
28,089
12,178
N/A
15,448
N/A
3/1/2018
25,858
10,002
N/A
13,594
N/A
11/30/2017
23,155
7,587
N/A
10,651
N/A
8/31/2017
20,322
5,089
N/A
8,153
N/A
6/1/2017
17,401
2,551
N/A
5,846
N/A
3/2/2017
14,733
689
N/A
3,828
N/A
12/1/2016
13,019
-302
N/A
3,186
N/A
9/1/2016
12,399
-276
N/A
3,168
N/A
6/2/2016
12,782
365
N/A
3,302
N/A
3/3/2016
13,737
1,071
N/A
4,248
N/A
12/3/2015
14,969
2,102
N/A
4,736
N/A
9/3/2015
16,192
2,899
N/A
5,208
N/A
6/4/2015
16,819
3,578
N/A
5,525
N/A
3/5/2015
16,948
3,893
N/A
5,645
N/A
12/4/2014
16,889
3,690
N/A
5,784
N/A
8/28/2014
16,358
3,045
N/A
5,699
N/A
5/29/2014
14,974
3,603
N/A
5,069
N/A
2/27/2014
13,310
2,840
N/A
4,238
N/A
11/28/2013
11,281
1,823
N/A
3,082
N/A
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MUD's forecast earnings growth (31.5% per year) is above the savings rate (8.7%).
Earnings vs Market: MUD's earnings (31.5% per year) are forecast to grow faster than the AR market (20% per year).
High Growth Earnings: MUD's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: MUD's revenue (17.8% per year) is forecast to grow faster than the AR market (12.6% per year).
High Growth Revenue: MUD's revenue (17.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MUD's Return on Equity is forecast to be low in 3 years time (15.6%).