Micron Technology Future Growth
Future criteria checks 4/6
Micron Technology is forecast to grow earnings and revenue by 31.5% and 17.9% 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 | 28.7% |
Revenue growth rate | 17.9% |
Future return on equity | 15.6% |
Analyst coverage | Good |
Last updated | 04 Dec 2024 |
Recent future growth updates
Recent updates
HBM Demand Is Surging Past Supply: Why Micron Is The Biggest Beneficiary
Dec 03Micron: Here's Why It Keeps Dropping And Here's Why I Keep Buying
Nov 20Micron: A Dip Worth Picking Up
Nov 07Micron's Resurgence Is Here To Stay (Technical Analysis)
Oct 24Micron Technology, Inc.'s (NASDAQ:MU) Shares Climb 26% But Its Business Is Yet to Catch Up
Oct 18Does Micron Technology (NASDAQ:MU) Have A Healthy Balance Sheet?
Oct 15Micron: Bullish Catalysts In Motion
Oct 13Micron Technology: The Market May Be Wrong
Oct 04Micron: Why Q4 Results Didn't Get Me Excited
Sep 28Micron's Stock Might Face A Steep Decline Following Q4 Results
Sep 22Micron: I Am Buying The Drop Hand Over Fist Before Q4
Sep 14Micron Technology, Inc.'s (NASDAQ:MU) Intrinsic Value Is Potentially 58% Above Its Share Price
Sep 11Micron Technology: DRAM And NAND Price Recovery Priced In (Rating Downgrade)
Aug 25Micron Is Dirt Cheap After The 45% Drop
Aug 13Micron: This Apple And NVIDIA Supplier Is An Undervalued AI Stock
Aug 06Micron Technology, Inc.'s (NASDAQ:MU) Shareholders Might Be Looking For Exit
Jul 31Micron: Strong Prospects For Secular And Cyclical Growth Are Coming Together
Jul 28Micron Taught Me 2 Lessons (Rating Upgrade)
Jul 18Micron: HBM3E Shipment Ramping Up From Q3, Expect Strong Revenue Growth
Jul 06Micron: Key Beneficiary Of AI But Too Richly Valued
Jun 30Micron Technology, Inc. (NASDAQ:MU) Analysts Are Pretty Bullish On The Stock After Recent Results
Jun 30Micron Q3 Earnings Preview: Stronger Than Expected Memory Recovery, Micron Remains A Buy
Jun 24Micron Technology Is Positioned For AI Factory Growth
Jun 17Micron Is Not A Bargain Despite The AI-Driven HBM Sensation
Jun 06Is Micron Technology (NASDAQ:MU) Using Too Much Debt?
May 30Micron: Quiet AI Powerhouse
May 20Micron: Stock Is Not Overvalued
May 13I'm Upgrading Micron To A Buy As It Wins The HBM Yield Race With SK Hynix
Apr 25Micron: Sell Cyclical Stock Near Cyclical High
Apr 14Micron: Gnashing Of Teeth As The Best Upcycle Develops (Rating Downgrade)
Apr 05Micron Technology, Inc.'s (NASDAQ:MU) Share Price Not Quite Adding Up
Apr 01Micron: Reasonable Valuation On Massive Tailwind
Mar 28Micron: HBM Is Sold Out In FY24/FY25 Thanks To AI Demand, Rating Maintained
Mar 21Micron Stock: After Nearly Doubling, It's Time To Take Profits (Technical Analysis)
Mar 13Micron: Please Don't Pay This Much For A Commodity Stock
Mar 07Micron Is One Of My Top Stocks To Buy For The AI Boom, PC Upgrade Cycle And Robotics
Feb 27Micron: Immense Bullish Support Embedded Here - Minimal Margin Of Safety
Jan 31Earnings and Revenue Growth Forecasts
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 | 7,349 | 23,000 | 32 |
8/31/2025 | 38,234 | 8,986 | 3,185 | 16,710 | 34 |
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 |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MU's forecast earnings growth (31.5% per year) is above the savings rate (2.6%).
Earnings vs Market: MU's earnings (31.5% per year) are forecast to grow faster than the US market (15.5% per year).
High Growth Earnings: MU's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: MU's revenue (17.9% per year) is forecast to grow faster than the US market (9.1% per year).
High Growth Revenue: MU's revenue (17.9% 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 (15.6%).