MU Stock Overview

Designs, develops, manufactures, and sells memory and storage products in the United States, Taiwan, Mainland China, rest of the Asia Pacific, Hong Kong, Japan, Europe, and internationally. More details

MU fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	4/6
Past Performance	2/6
Financial Health	5/6
Dividends	0/6

Rewards

Trading at 22.5% below our estimate of its fair value

Earnings are forecast to grow 26.44% per year

Became profitable this year

Risk Analysis

No risks detected for MU from our risk checks.

My Notes

Capture your thoughts, links and company narrative

Micron Technology, Inc. Competitors

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Price History & Performance

Summary of share price highs, lows and changes for Micron Technology
Historical stock prices
Current Share Price	US$19.60
52 Week High	US$26.56
52 Week Low	US$19.29
Beta	1.15
1 Month Change	-13.47%
3 Month Change	-15.81%
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	-3.59%

Recent updates

Shareholder Returns

	MU	CA Semiconductor	CA Market
7D	-4.2%	-1.1%	-0.5%
1Y	n/a	72.0%	14.9%

Return vs Industry: Insufficient data to determine how MU performed against the Canadian Semiconductor industry.

Return vs Market: Insufficient data to determine how MU performed against the Canadian Market.

Price Volatility

Is MU's price volatile compared to industry and market?
MU volatility
MU Average Weekly Movement	7.8%
Semiconductor Industry Average Movement	7.5%
Market Average Movement	8.1%
10% most volatile stocks in CA Market	17.2%
10% least volatile stocks in CA Market	2.9%

Stable Share Price: MU has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: Insufficient data to determine MU's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1978	48,000	Sanjay Mehrotra	www.micron.com

Micron Technology, Inc. designs, develops, manufactures, and sells memory and storage products in the United States, Taiwan, Mainland China, rest of the Asia Pacific, Hong Kong, Japan, Europe, and internationally. The company operates through four segments: Compute and Networking Business Unit, Mobile Business Unit, Embedded Business Unit, and Storage Business Unit. It provides memory and storage technologies comprising dynamic random access memory semiconductor devices with low latency that provide high-speed data retrieval; non-volatile and re-writeable semiconductor storage devices; and non-volatile re-writable semiconductor memory devices that provide fast read speeds under the Micron and Crucial brands, as well as through private labels.

Micron Technology, Inc. Fundamentals Summary

How do Micron Technology's earnings and revenue compare to its market cap?
MU fundamental statistics
Market cap	CA$141.77b
Earnings (TTM)	CA$5.57b
Revenue (TTM)	CA$41.77b

24.5x

P/E Ratio

3.3x

P/S Ratio

Is MU overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MU income statement (TTM)
Revenue	US$29.09b
Cost of Revenue	US$20.10b
Gross Profit	US$9.00b
Other Expenses	US$5.11b
Earnings	US$3.88b

Last Reported Earnings

Nov 28, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	3.48
Gross Margin	30.92%
Net Profit Margin	13.34%
Debt/Equity Ratio	24.2%

How did MU perform over the long term?

See historical performance and comparison

Dividends

0.5%

Current Dividend Yield

13%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/30 06:31
End of Day Share Price	2024/12/30 00:00
Earnings	2024/11/28
Annual Earnings	2024/08/29

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Micron Technology, Inc. is covered by 76 analysts. 31 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Warren Lau	Aletheia Analyst Network Limited
Nam Hyung Kim	Arete Research Services LLP
James Kelleher	Argus Research Company