Micron Technology Future Growth

How is Micron Technology forecast to perform in the next 1 to 3 years based on estimates from 32 analysts?

Future Growth Score

5/6

Future Growth Score 5/6

58.8%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts

NasdaqGS:MU - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
8/31/2025	29,126	6,083	2,186	12,426	13
8/31/2024	23,941	2,630	1,990	9,800	31
8/31/2023	16,651	-2,609	-2,999	4,764	32
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	-2,905	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

Earnings vs Savings Rate: MU's forecast earnings growth (58.8% per year) is above the savings rate (2%).

Earnings vs Market: MU's earnings (58.8% per year) are forecast to grow faster than the US market (14.1% per year).

High Growth Earnings: MU's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: MU's revenue (20.4% per year) is forecast to grow faster than the US market (7% per year).

High Growth Revenue: MU's revenue (20.4% per year) is forecast to grow faster than 20% per year.

Future ROE: MU's Return on Equity is forecast to be low in 3 years time (11.5%).