Micron Technology Future Growth
Future criteria checks 3/6
Micron Technology is forecast to grow earnings and revenue by 47.2% and 10.7% per annum respectively while EPS is expected to grow by 45.5% per annum.
Key information
47.2%
Earnings growth rate
45.5%
EPS growth rate
Semiconductor earnings growth | 0% |
Revenue growth rate | 10.7% |
Future return on equity | n/a |
Analyst coverage | Good |
Last updated | 26 Jun 2023 |
Recent future growth updates
Recent updates
Earnings and Revenue Growth Forecasts
Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
---|---|---|---|---|---|
8/31/2025 | 28,588 | 5,986 | 2,345 | 11,802 | 17 |
8/31/2024 | 21,164 | 288 | 898 | 7,647 | 34 |
8/31/2023 | 15,372 | -5,713 | -4,349 | 3,271 | 35 |
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 | 7,555 | 15,448 | N/A |
3/1/2018 | 25,858 | 10,002 | 7,071 | 13,594 | N/A |
11/30/2017 | 23,155 | 7,587 | 5,225 | 10,651 | N/A |
8/31/2017 | 20,322 | 5,089 | 3,419 | 8,153 | N/A |
6/1/2017 | 17,401 | 2,551 | 454 | 5,846 | N/A |
3/2/2017 | 14,733 | 689 | -2,208 | 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 |
8/29/2013 | 9,073 | 1,190 | N/A | 1,811 | N/A |
5/30/2013 | 8,193 | -761 | N/A | 1,544 | N/A |
2/28/2013 | 8,047 | -1,124 | N/A | 1,606 | N/A |
11/29/2012 | 7,978 | -1,120 | N/A | 1,946 | N/A |
8/30/2012 | 8,234 | -1,032 | N/A | 2,114 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MTE's forecast earnings growth (47.2% per year) is above the savings rate (1.5%).
Earnings vs Market: MTE's earnings (47.2% per year) are forecast to grow faster than the BG market (10.9% per year).
High Growth Earnings: MTE's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: MTE's revenue (10.7% per year) is forecast to grow slower than the BG market (26.5% per year).
High Growth Revenue: MTE's revenue (10.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if MTE's Return on Equity is forecast to be high in 3 years time