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Micron Technology BIT:1MU Stock Report

Last Price

€85.63

Market Cap

€95.7b

7D

-17.9%

1Y

9.0%

Updated

24 Dec, 2024

Data

Company Financials +

Micron Technology, Inc.

BIT:1MU Stock Report

Market Cap: €95.7b

1MU 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

1MU fundamental analysis
Snowflake Score
Valuation3/6
Future Growth4/6
Past Performance2/6
Financial Health5/6
Dividends0/6

Rewards

Trading at 17.7% below our estimate of its fair value

Earnings are forecast to grow 26.62% per year

Became profitable this year

Risk Analysis

Highly volatile share price over the past 3 months compared to the Italian market

Significant insider selling over the past 3 months


My Notes

Capture your thoughts, links and company narrative

Micron Technology, Inc. Competitors

Analog Devices

NasdaqGS:ADI

US$108.2b

SK hynix

KOSE:A000660

₩116.1t

MediaTek

TWSE:2454

NT$2.2t

Texas Instruments

NasdaqGS:TXN

US$175.5b

Price History & Performance

Summary of share price highs, lows and changes for Micron Technology
Historical stock prices
Current Share PriceUS$85.63
52 Week HighUS$147.72
52 Week LowUS$72.23
Beta1.15
1 Month Change-12.74%
3 Month Change0.58%
1 Year Change9.00%
3 Year Change3.79%
5 Year Change80.12%
Change since IPO141.69%

Recent News & Updates

Recent updates

Shareholder Returns

1MUIT SemiconductorIT Market
7D-17.9%-1.8%-1.5%
1Y9.0%-8.4%8.5%

Return vs Industry: 1MU exceeded the Italian Semiconductor industry which returned -9% over the past year.

Return vs Market: 1MU matched the Italian Market which returned 8.5% over the past year.

Price Volatility

Is 1MU's price volatile compared to industry and market?
1MU volatility
1MU Average Weekly Movement9.1%
Semiconductor Industry Average Movement7.9%
Market Average Movement4.3%
10% most volatile stocks in IT Market7.8%
10% least volatile stocks in IT Market2.5%

Stable Share Price: 1MU's share price has been volatile over the past 3 months compared to the Italian market.

Volatility Over Time: 1MU's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of Italian stocks.

About the Company

FoundedEmployeesCEOWebsite
197848,000Sanjay Mehrotrawww.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?
1MU fundamental statistics
Market cap€95.68b
Earnings (TTM)€3.73b
Revenue (TTM)€27.99b

25.6x

P/E Ratio

3.4x

P/S Ratio

Is 1MU overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
1MU income statement (TTM)
RevenueUS$29.09b
Cost of RevenueUS$20.10b
Gross ProfitUS$9.00b
Other ExpensesUS$5.11b
EarningsUS$3.88b

Last Reported Earnings

Nov 28, 2024

Next Earnings Date

n/a

Earnings per share (EPS)3.48
Gross Margin30.92%
Net Profit Margin13.34%
Debt/Equity Ratio24.2%

How did 1MU 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

DataLast Updated (UTC time)
Company Analysis2024/12/24 09:13
End of Day Share Price 2024/12/23 00:00
Earnings2024/11/28
Annual Earnings2024/08/29

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 77 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.

AnalystInstitution
Warren LauAletheia Analyst Network Limited
Nam Hyung KimArete Research Services LLP
James KelleherArgus Research Company