Micron Technology, Inc. (MU)

NASDAQ: MU · IEX Real-Time Price · USD
127.81
+3.00 (2.40%)
At close: May 15, 2024, 4:00 PM
128.45
+0.64 (0.50%)
Pre-market: May 16, 2024, 5:15 AM EDT
2.40%
Market Cap 141.53B
Revenue (ttm) 18.31B
Net Income (ttm) -3.77B
Shares Out 1.11B
EPS (ttm) -3.45
PE Ratio n/a
Forward PE 46.50
Dividend $0.46 (0.36%)
Ex-Dividend Date Mar 28, 2024
Volume 13,794,915
Open 126.25
Previous Close 124.81
Day's Range 125.44 - 127.95
52-Week Range 60.50 - 130.54
Beta 1.28
Analysts Strong Buy
Price Target 126.04 (-1.38%)
Earnings Date Jun 26, 2024

About MU

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 pr... [Read more]

Industry Semiconductors
Sector Technology
Founded 1978
Employees 43,000
Stock Exchange NASDAQ
Ticker Symbol MU
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 26 analysts, the average rating for MU stock is "Strong Buy." The 12-month stock price forecast is $126.04, which is a decrease of -1.38% from the latest price.

Price Target
$126.04
(-1.38% downside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Cramer's Mad Dash: Micron

CNBC's Jim Cramer delivers his daily Mad Dash.

2 days ago - CNBC Television

Amazon, Taiwan Semi, AMD, Micron, and Other Tech Stocks in Focus Today

Th sector looks set to end the week with a flourish as its solid May gathered momentum Friday.

Other symbols: AMDAMZNTSM
5 days ago - Barrons

Nvidia, Micron and Super Micro among companies that shine in Wall Street's ‘beat-and-raise' game

Quarterly earnings season can be routine for many companies, with sales and profits typically coming in ahead of analysts' expectations. But the results can also drive a “beat-and-raise” pattern that ...

Other symbols: NVDASMCI
6 days ago - Market Watch

Three overlooked stocks from a Spanish quant: ‘Now is not a time everyone is going to win.'

With the S&P 500 SPX up more than 8% so far this year, the challenge is on for stock pickers around the world to find those overlooked companies.

Other symbols: GXOLULU
6 days ago - Market Watch

Micron Technology Announces Upcoming Investor Events

BOISE, Idaho, May 07, 2024 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (Nasdaq: MU) announced today that company executives will participate in fireside chats at the following investor events:

8 days ago - GlobeNewsWire

Stock Market Today: Nasdaq Pops as Semiconductor Stocks Soar

The main indexes closed higher Monday after a bull call on Micron boosted several large-cap chipmakers.

9 days ago - Kiplinger

Morning Minute: Monday, May 6

The Oracle of Omaha sold Apple (AAPL) but Warren Buffett and Berkshire Hathaway still keep hold it as its top holding. Plus, why Micron (MU) is a stock to watch this week.

Other symbols: AAPL
9 days ago - Schwab Network

Micron's stock is among the S&P 500's best this year. Why it just got upgraded.

So why is Baird analyst Tristan Gerra upgrading the memory-chip company's stock now? He admitted the call is “a bit late” but noted that Micron shares MU, +2.11% have pulled back recently — they're do...

9 days ago - Market Watch

S&P Stocks To Trade In May

For this month, the cycle/relative strength concept is applied. First, the S&P 500 stocks are ranked from the best performer to the worst by calculating the expected return in that month.

Other symbols: AXPGLHASODFLPENNPGRWBA
13 days ago - Forbes

Micron, GM join Big Tech on this list of 20 biggest winners this earnings season

Now that two-thirds of the S&P 500 have announced their quarterly financial results, it is a good time to consider which companies have fared best.

Other symbols: GM
13 days ago - Market Watch

Micron First to Ship Critical Memory for AI Data Centers

Micron reaches industry milestone as first to validate and ship 128GB DDR5 32Gb server DRAM to address the rigorous speed and capacity demands of memory-intensive Gen AI applications

14 days ago - GlobeNewsWire

Micron CEO on $6.1B CHIPS Act grant: Excited to bring leading-edge chip manufacturing to the U.S.

Micron CEO Sanjay Mehrotra joins 'Squawk on the Street' to discuss the $6.1 billion grant as part of the Biden administration's CHIPS and Science Act, impact of the funding on advanced memory manufact...

19 days ago - CNBC Television

Micron wins $13 billion from U.S. to boost domestic chip production

Micron Technology Inc (NASDAQ: MU) is in focus today after securing $13 billion from the U.S. government to set up new chip factories in Idaho and New York.  Micron received funding as part of the Chi...

20 days ago - Invezz

US to give Micron $6.1 bn for American chip factories

Micron is set to receive up to $6.1 billion in grants from the US government to help build its semiconductor plants in New York and Idaho, the White House said Thursday.

20 days ago - TechXplore

Micron, Biden-Harris Administration, U.S. Senate Majority Leader Schumer Announce $6.1B in CHIPS and Science Act Funding for Historic Planned Investment in Domestic Leading-Edge Memory Manufacturing in Idaho and New York

Grants support Micron's plans to invest approximately $50 billion in gross capex through 2030 Memory fabs in Idaho and New York to strengthen U.S. economic and national security, expected to create ap...

21 days ago - GlobeNewsWire

Biden to announce preliminary deal with Micron for up to $6.14 bln in chip grants

U.S. President Joe Biden will travel to Syracuse, New York, on Thursday to announce a preliminary agreement with memory chip maker Micron Technology for up to $6.14 billion in subsidies for two chip f...

21 days ago - Reuters

Micron's $6.14 Billion CHIPS Grant Will Support A Commodity Product

Micron Technology received a $6.14 billion CHIPS Act grant on Thursday, but unlike recent grant recipients Intel Intel , TSMC, and Samsung, it is in a commodity business. Like many other commodity bus...

21 days ago - Forbes

Final Trades: Micron, P&G and Uber

The Investment Committee give you their top stocks to watch for the second half.

Other symbols: PGUBER
26 days ago - CNBC Television

Alphabet, Palantir, AMD, Micron, and Other Tech Stocks in Focus Today

Tech stocks are on track to finish the week as they started it—badly.

Other symbols: AMDGOOGGOOGLPLTR
26 days ago - Barrons

Chip sector correction is a 'cautious blow' to stocks: Analyst

The chip sector is undergoing a sector-wide correction as concerns grow around slowing demand for the products. Moor Insights and Strategy Founder & CEO Patrick Moorhead to discuss why he believes mar...

Other symbols: AMDASMLINTCNVDAQCOMTSM
27 days ago - Yahoo Finance

Micron Will Receive $6.1 Billion to Build Semiconductor Plants

The grant to the memory chipmaker is the latest federal award aimed at boosting U.S. chip manufacturing.

27 days ago - NYTimes

MU, MSFT, NVDA: Stocks to Watch

Microsoft (MSFT) is still a buy and benefits from sector strength and strategic acquisitions, Aquiles Larrea. He and Ben Lichtenstein discuss today's big three stocks which include Micron (MU), Micros...

Other symbols: MSFTNVDA
27 days ago - Schwab Network

TSM Earnings Beat & Micron Gets $6.1B in Chips Act Fund

TSMC (TSM) posts an earnings beat as A.I. chip demand remains strong.

Other symbols: TSM
27 days ago - Schwab Network

Biden admin gives $6.1B to Micron Technology to help boost chip factories in New York

Joe Biden's administration reached an agreement to dole out a staggering $6.1 billion in government support for semiconductor manufacturer Micron Technology to produce advanced computer memory chips i...

27 days ago - New York Post

AMD, Micron, Cisco, Arm, and Other Tech Stocks in Focus Today

Tech stocks were showing early promise Thursday as the Nasdaq Composite Index tried once again to snap its losing streak.

Other symbols: AMDCSCO
4 weeks ago - Barrons