Micron Technology, Inc.

NasdaqGS:MU Stock Report

Market Cap: US$232.0b

Micron Technology Future Growth

Future criteria checks 3/6

Micron Technology is forecast to grow earnings and revenue by 16.1% and 14.3% per annum respectively. EPS is expected to grow by 16.4% per annum. Return on equity is forecast to be 19.1% in 3 years.

Key information

16.1%

Earnings growth rate

16.44%

EPS growth rate

Semiconductor earnings growth23.3%
Revenue growth rate14.3%
Future return on equity19.06%
Analyst coverage

Good

Last updated21 Oct 2025

Recent future growth updates

Results: Micron Technology, Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts

Mar 25
Results: Micron Technology, Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts

Recent updates

Micron: The Most Attractive Artificial Intelligence Play

Oct 23

Optimistic Investors Push Micron Technology, Inc. (NASDAQ:MU) Shares Up 25% But Growth Is Lacking

Sep 13
Optimistic Investors Push Micron Technology, Inc. (NASDAQ:MU) Shares Up 25% But Growth Is Lacking

Micron: I'm Finally Bullish (Rating Upgrade)

Apr 28

Micron: A Buy Recommendation Despite Current Market Woes

Apr 21

Some Micron Technology, Inc. (NASDAQ:MU) Shareholders Look For Exit As Shares Take 27% Pounding

Apr 12
Some Micron Technology, Inc. (NASDAQ:MU) Shareholders Look For Exit As Shares Take 27% Pounding

Micron Stock: Buy Before The Supercycle

Apr 01

Results: Micron Technology, Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts

Mar 25
Results: Micron Technology, Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts

Micron Technology: HBM Ramp-Up May Pressure Margins, But Stock Remains A Buy

Mar 24

Micron Stock: Despite The Rating Downgrade, It's Still A Buy

Mar 18

Micron: The Only Semiconductor Giant Rallying YTD So Far

Mar 08

Micron: Large Upside And Strong Momentum

Feb 21

Micron: This Stock Won't Be This Cheap For Much Longer

Feb 14

Micron: I Keep Accumulating On The Dip

Feb 07

Micron Technology (NASDAQ:MU) Has A Pretty Healthy Balance Sheet

Feb 04
Micron Technology (NASDAQ:MU) Has A Pretty Healthy Balance Sheet

Micron: Why I'm Waiting For A Dip Now (Rating Downgrade)

Jan 26

Micron: Exposure To AI Tailwinds At A Cheap Valuation

Jan 20

Micron: A Stock Heading For Trouble

Jan 14

Micron's Bold Bet On AI Memory

Jan 04

Amidst Volatility, Micron Presents A Buying Opportunity For Investors

Dec 23

Micron Technology (NASDAQ:MU) Will Want To Turn Around Its Return Trends

Dec 18
Micron Technology (NASDAQ:MU) Will Want To Turn Around Its Return Trends

My Boldest Bet On Micron So Far: Why I'm Shorting This Stock Prior To Earnings

Dec 16

Micron Is On A Mission To Penetrate The HBM Market - Buy It

Dec 10

HBM Demand Is Surging Past Supply: Why Micron Is The Biggest Beneficiary

Dec 03

Micron: Here's Why It Keeps Dropping And Here's Why I Keep Buying

Nov 20

Micron: A Dip Worth Picking Up

Nov 07

Micron's Resurgence Is Here To Stay (Technical Analysis)

Oct 24

Earnings and Revenue Growth Forecasts

NasdaqGS:MU - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
8/31/202862,12717,75313,68131,76810
8/31/202760,71219,09510,94130,05829
8/31/202654,28117,8358,11824,75033
8/28/202537,3788,5391,66817,525N/A
5/29/202533,8136,2251,88115,200N/A
2/27/202531,3234,67260613,073N/A
11/28/202429,0943,88255410,350N/A
8/29/202425,1117781218,507N/A
5/30/202421,371-1,539-1,3765,351N/A
2/29/202418,312-3,767-3,3092,893N/A
11/30/202316,181-6,872-5,0062,017N/A
8/31/202315,540-5,833-6,1171,559N/A
6/1/202318,173-2,911-4,7415,087N/A
3/2/202323,0631,611-1,9448,901N/A
12/1/202227,1566,18693512,186N/A
9/1/202230,7588,6873,11415,181N/A
6/2/202232,3899,9154,81915,288N/A
3/3/202231,1699,0244,86015,010N/A
12/2/202129,6197,3643,88214,439N/A
9/2/202127,7055,8612,43812,468N/A
6/3/202125,4874,12956010,855N/A
3/4/202123,5033,197-6629,318N/A
12/3/202022,0642,999-7568,262N/A
9/3/202021,4352,687838,306N/A
5/28/202020,2492,2602978,268N/A
2/27/202019,5992,2975268,956N/A
11/28/201920,6373,5111,36710,390N/A
8/29/201923,4066,3133,40913,189N/A
5/30/201926,97610,077N/A16,111N/A
2/28/201929,98513,060N/A17,661N/A
11/29/201831,50114,750N/A18,574N/A
8/30/201830,39114,135N/A17,400N/A
5/31/201828,08912,178N/A15,448N/A
3/1/201825,85810,002N/A13,594N/A
11/30/201723,1557,587N/A10,651N/A
8/31/201720,3225,089N/A8,153N/A
6/1/201717,4012,551N/A5,846N/A
3/2/201714,733689N/A3,828N/A
12/1/201613,019-302N/A3,186N/A
9/1/201612,399-276N/A3,168N/A
6/2/201612,782365N/A3,302N/A
3/3/201613,7371,071N/A4,248N/A
12/3/201514,9692,102N/A4,736N/A
9/3/201516,1922,899N/A5,208N/A
6/4/201516,8193,578N/A5,525N/A
3/5/201516,9483,893N/A5,645N/A
12/4/201416,8893,690N/A5,784N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: MU's forecast earnings growth (16.1% per year) is above the savings rate (3.1%).

Earnings vs Market: MU's earnings (16.1% per year) are forecast to grow faster than the US market (15.5% per year).

High Growth Earnings: MU's earnings are forecast to grow, but not significantly.

Revenue vs Market: MU's revenue (14.3% per year) is forecast to grow faster than the US market (10.1% per year).

High Growth Revenue: MU's revenue (14.3% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: MU's Return on Equity is forecast to be low in 3 years time (19.1%).

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/24 03:52
End of Day Share Price 2025/10/24 00:00
Earnings2025/08/28
Annual Earnings2025/08/28

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.

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 Github.

Analyst Sources

Micron Technology, Inc. is covered by 63 analysts. 33 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
Brett SimpsonArete Research Services LLP
Nam Hyung KimArete Research Services LLP