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Micron Technology NasdaqGS:MU Stock Report

Last Price

US$153.45

Market Cap

US$163.7b

7D

13.6%

1Y

129.4%

Updated

18 Jun, 2024

Data

Company Financials +

Micron Technology, Inc.

NasdaqGS:MU Stock Report

Market Cap: US$163.7b

MU Stock Overview

Designs, develops, manufactures, and sells memory and storage products worldwide.

MU fundamental analysis
Snowflake Score
Valuation1/6
Future Growth5/6
Past Performance0/6
Financial Health4/6
Dividends0/6

Narratives

Beta

Narratives bring a range of perspectives from our community.

Micron Technology, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Micron Technology
Historical stock prices
Current Share PriceUS$153.45
52 Week HighUS$157.54
52 Week LowUS$60.50
Beta1.21
1 Month Change22.48%
3 Month Change59.43%
1 Year Change129.37%
3 Year Change97.59%
5 Year Change369.55%
Change since IPO6,361.05%

Recent News & Updates

Micron Technology Is Positioned For AI Factory Growth

Jun 17

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

Jun 06

Recent updates

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

Micron: Immense Bullish Support Embedded Here - Minimal Margin Of Safety

Jan 31

We Think Micron Technology (NASDAQ:MU) Has A Fair Chunk Of Debt

Jan 27
We Think Micron Technology (NASDAQ:MU) Has A Fair Chunk Of Debt

Micron Is A Buy Going Into 2024

Jan 20

With Micron Technology, Inc. (NASDAQ:MU) It Looks Like You'll Get What You Pay For

Dec 18
With Micron Technology, Inc. (NASDAQ:MU) It Looks Like You'll Get What You Pay For

Micron Technology (NASDAQ:MU) Is Making Moderate Use Of Debt

Sep 24
Micron Technology (NASDAQ:MU) Is Making Moderate Use Of Debt

Shareholder Returns

MUUS SemiconductorUS Market
7D13.6%10.6%1.6%
1Y129.4%104.9%22.3%

Return vs Industry: MU exceeded the US Semiconductor industry which returned 104.9% over the past year.

Return vs Market: MU exceeded the US Market which returned 22.3% over the past year.

Price Volatility

Is MU's price volatile compared to industry and market?
MU volatility
MU Average Weekly Movement6.9%
Semiconductor Industry Average Movement6.3%
Market Average Movement5.7%
10% most volatile stocks in US Market15.5%
10% least volatile stocks in US Market2.8%

Stable Share Price: MU's share price has been volatile over the past 3 months.

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

About the Company

FoundedEmployeesCEOWebsite
197843,000Sanjay Mehrotrawww.micron.com

Micron Technology, Inc. designs, develops, manufactures, and sells memory and storage products worldwide. 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$163.70b
Earnings (TTM)-US$3.77b
Revenue (TTM)US$18.31b

9.3x

P/S Ratio

-45.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MU income statement (TTM)
RevenueUS$18.31b
Cost of RevenueUS$18.37b
Gross Profit-US$59.00m
Other ExpensesUS$3.71b
Earnings-US$3.77b

Last Reported Earnings

Feb 29, 2024

Next Earnings Date

Jun 26, 2024

Earnings per share (EPS)-3.40
Gross Margin-0.32%
Net Profit Margin-20.57%
Debt/Equity Ratio27.4%

How did MU perform over the long term?

See historical performance and comparison

Dividends

0.3%

Current Dividend Yield

-13%

Payout Ratio
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