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Micron Technology NasdaqGS:MU Stock Report

Last Price

US$98.24

Market Cap

US$113.2b

7D

-2.6%

1Y

19.5%

Updated

12 Dec, 2024

Data

Company Financials +

Micron Technology, Inc.

NasdaqGS:MU Stock Report

Market Cap: US$113.2b

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
Valuation2/6
Future Growth4/6
Past Performance2/6
Financial Health5/6
Dividends0/6

Community Narratives

Create a narrative

Narratives bring a range of perspectives from our community.

US$159.75
FV
38.5% undervalued intrinsic discount
26.00%
Revenue growth p.a.
17users have liked this narrative
0users have commented on this narrative
13users have followed this narrative
4 months ago author updated this narrative

Micron Technology, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Micron Technology
Historical stock prices
Current Share PriceUS$98.24
52 Week HighUS$157.54
52 Week LowUS$78.63
Beta1.15
1 Month Change-5.63%
3 Month Change7.70%
1 Year Change19.53%
3 Year Change18.81%
5 Year Change80.16%
Change since IPO4,036.42%

Recent News & Updates

Recent updates

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

Micron Technology, Inc.'s (NASDAQ:MU) Shares Climb 26% But Its Business Is Yet to Catch Up

Oct 18
Micron Technology, Inc.'s (NASDAQ:MU) Shares Climb 26% But Its Business Is Yet to Catch Up

Does Micron Technology (NASDAQ:MU) Have A Healthy Balance Sheet?

Oct 15
Does Micron Technology (NASDAQ:MU) Have A Healthy Balance Sheet?

Micron: Bullish Catalysts In Motion

Oct 13

Micron Technology: The Market May Be Wrong

Oct 04

Micron: Why Q4 Results Didn't Get Me Excited

Sep 28

Micron's Stock Might Face A Steep Decline Following Q4 Results

Sep 22

Micron: I Am Buying The Drop Hand Over Fist Before Q4

Sep 14

Micron Technology, Inc.'s (NASDAQ:MU) Intrinsic Value Is Potentially 58% Above Its Share Price

Sep 11
Micron Technology, Inc.'s (NASDAQ:MU) Intrinsic Value Is Potentially 58% Above Its Share Price

Micron Technology: DRAM And NAND Price Recovery Priced In (Rating Downgrade)

Aug 25

Micron Is Dirt Cheap After The 45% Drop

Aug 13

Micron: This Apple And NVIDIA Supplier Is An Undervalued AI Stock

Aug 06

Micron Technology, Inc.'s (NASDAQ:MU) Shareholders Might Be Looking For Exit

Jul 31
Micron Technology, Inc.'s (NASDAQ:MU) Shareholders Might Be Looking For Exit

Micron: Strong Prospects For Secular And Cyclical Growth Are Coming Together

Jul 28

Micron Taught Me 2 Lessons (Rating Upgrade)

Jul 18

Micron: HBM3E Shipment Ramping Up From Q3, Expect Strong Revenue Growth

Jul 06

Micron: Key Beneficiary Of AI But Too Richly Valued

Jun 30

Micron Technology, Inc. (NASDAQ:MU) Analysts Are Pretty Bullish On The Stock After Recent Results

Jun 30
Micron Technology, Inc. (NASDAQ:MU) Analysts Are Pretty Bullish On The Stock After Recent Results

Micron Q3 Earnings Preview: Stronger Than Expected Memory Recovery, Micron Remains A Buy

Jun 24

Micron Technology Is Positioned For AI Factory Growth

Jun 17

Micron Is Not A Bargain Despite The AI-Driven HBM Sensation

Jun 06

Is Micron Technology (NASDAQ:MU) Using Too Much Debt?

May 30
Is Micron Technology (NASDAQ:MU) Using Too Much Debt?

Micron: Quiet AI Powerhouse

May 20

Micron: Stock Is Not Overvalued

May 13

I'm Upgrading Micron To A Buy As It Wins The HBM Yield Race With SK Hynix

Apr 25

Micron: Sell Cyclical Stock Near Cyclical High

Apr 14

Micron: Gnashing Of Teeth As The Best Upcycle Develops (Rating Downgrade)

Apr 05

Micron Technology, Inc.'s (NASDAQ:MU) Share Price Not Quite Adding Up

Apr 01
Micron Technology, Inc.'s (NASDAQ:MU) Share Price Not Quite Adding Up

Micron: Reasonable Valuation On Massive Tailwind

Mar 28

Micron: HBM Is Sold Out In FY24/FY25 Thanks To AI Demand, Rating Maintained

Mar 21

Micron Stock: After Nearly Doubling, It's Time To Take Profits (Technical Analysis)

Mar 13

Micron: Please Don't Pay This Much For A Commodity Stock

Mar 07

Micron Is One Of My Top Stocks To Buy For The AI Boom, PC Upgrade Cycle And Robotics

Feb 27

Shareholder Returns

MUUS SemiconductorUS Market
7D-2.6%-2.4%-0.4%
1Y19.5%72.6%27.7%

Return vs Industry: MU underperformed the US Semiconductor industry which returned 72.6% over the past year.

Return vs Market: MU underperformed the US Market which returned 27.7% over the past year.

Price Volatility

Is MU's price volatile compared to industry and market?
MU volatility
MU Average Weekly Movement7.2%
Semiconductor Industry Average Movement7.6%
Market Average Movement6.3%
10% most volatile stocks in US Market16.9%
10% least volatile stocks in US Market3.1%

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

Volatility Over Time: MU's weekly volatility (7%) has been stable over the past year.

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?
MU fundamental statistics
Market capUS$113.15b
Earnings (TTM)US$778.00m
Revenue (TTM)US$25.11b

140.0x

P/E Ratio

4.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MU income statement (TTM)
RevenueUS$25.11b
Cost of RevenueUS$19.50b
Gross ProfitUS$5.61b
Other ExpensesUS$4.84b
EarningsUS$778.00m

Last Reported Earnings

Aug 29, 2024

Next Earnings Date

Dec 18, 2024

Earnings per share (EPS)0.70
Gross Margin22.35%
Net Profit Margin3.10%
Debt/Equity Ratio25.1%

How did MU perform over the long term?

See historical performance and comparison

Dividends

0.5%

Current Dividend Yield

65%

Payout Ratio