Micron Technology, Inc. (MU)
| Market Cap | 113.80B |
| Revenue (ttm) | 25.11B |
| Net Income (ttm) | 778.00M |
| Shares Out | 1.11B |
| EPS (ttm) | 0.70 |
| PE Ratio | 146.63 |
| Forward PE | 11.50 |
| Dividend | $0.46 (0.45%) |
| Ex-Dividend Date | Oct 7, 2024 |
| Volume | 11,894,615 |
| Open | 102.36 |
| Previous Close | 102.76 |
| Day's Range | 101.65 - 103.71 |
| 52-Week Range | 72.93 - 157.54 |
| Beta | 1.18 |
| Analysts | Strong Buy |
| Price Target | 146.28 (+42.52%) |
| Earnings Date | Dec 18, 2024 |
About MU
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 r... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 26 analysts, the average rating for MU stock is "Strong Buy." The 12-month stock price forecast is $146.28, which is an increase of 42.52% from the latest price.
News
Micron: Buying Opportunity Before Its Next Monster Move
Micron investors have held their ground firmly above the $95 level, even as the stock has underperformed its semi-peers since peaking in June. Micron's growth prospects in the high bandwidth memory ma...
Micron Technology to Report Fiscal First Quarter Results on December 18, 2024
BOISE, Idaho, Nov. 21, 2024 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (Nasdaq: MU) announced today that it will hold its fiscal first quarter earnings conference call on Wednesday, Dec. 18, 2024, at...
Micron: Here's Why It Keeps Dropping And Here's Why I Keep Buying
MU has dropped 15% from recent highs despite strong earnings and an upbeat Q1 2025 forecast. Concerns over memory demand and oversupply are looming. Micron's high-margin product offerings will drive g...
Will Trump's tariffs cause price hikes in electronics? Here's how his plans could lead to trouble in the semiconductor industry
The semiconductor industry could be facing some serious trouble next year, if President-elect Donald Trump follows through on some of his campaign promises.
Micron: A Rare Buying Opportunity
Micron's fundamentals are improving, with promising new product releases and significant growth in R&D spending, supporting a 'Strong buy' recommendation. Wall Street analysts forecast aggressive reve...
Monolithic Power Got Crushed by Edgewater Report. Now It's Micron's Turn.
Shares of both companies were both suffering after reports from market-intelligence firm Edgewater Research.
Micron Introduces World's Fastest, Most Energy Efficient 60TB SSD
The industry's first E3.S 60TB SSD, the Micron ION 6550 delivers best-in-class energy efficiency at up to 67% more density per rack for exascale data centers The industry's first E3.S 60TB SSD, the Mi...
Stock Of The Day: Micron Technology – The Best Traders Don't Guess
Trading can be complicated and confusing for new traders. They have difficulty deciding where to place their buy and sell orders.
Micron tops list of 20 biggest winners in the S&P 500 this earnings season
Other companies showing very high sales growth with improving profit margins include BlackRock and Eli Lilly.
Micron: A Dip Worth Picking Up
Micron is pivoting towards high-margin memory products like DDR5 and HBM, capitalizing on the surging demand from AI and data centers. Despite a 30% pullback from all-time highs in June, Micron's valu...
Micron Stock Is Poised To Go Much Higher
Micron Technology is an American multinational semiconductor manufacturer with a market cap of about $110 billion that develops memory and data storage technologies. Micron Technology announced its re...
Micron Stock Has Ridden the Nvidia Wave. It Now Faces This Big Threat.
The company is bracing for fiercer competition in the supply of high-bandwidth memory chips.
Micron Announces Changes to its Board of Directors
BOISE, Idaho, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (Nasdaq: MU) today announced that Robert (Bob) Switz, its current Board Chair, will retire at the annual shareholders meeting on...
SK Hynix Profits From AI-Driven Demand. What It Means for Micron.
SK Hynix and Micron compete in selling high-bandwith memory chips for AI processors. There looks to be plenty of demand to go around.
Micron's Resurgence Is Here To Stay (Technical Analysis)
Micron Technology is a buy due to strong technicals and fundamentals, with significant revenue and EPS improvements YoY and AI-driven growth prospects. Daily, weekly, and monthly technical analyses in...
Micron SSDs Qualified for Recommended Vendor List on NVIDIA GB200 NVL72
Micron 9550 PCIe Gen5 data center SSD delivers high-performance, energy-efficient storage for GB200 NVL72 systems Micron 9550 PCIe Gen5 data center SSD delivers high-performance, energy-efficient stor...
A Low-Volatility Manager Buys Intel and Verizon Stock, Sells AT&T and Micron
Gateway Investment Advisers more than doubled a Verizon investment, bought Intel stock, and sold AT&T and Micron stock in the third quarter.
Micron CEO Sanjay Mehrotra goes one-on-one with Jim Cramer
Micron President and CEO Sanjay Mehrotra goes one-on-one with 'Mad Money' host Jim Cramer to talk quarterly results, its New York investment, the state of the semiconductor space and more.
5 Chip Stocks to Buy on the Dip
Volatility in the semiconductor sector can give opportunities for investors.
The Big 3: MU, ROKU, NNE
@ProsperTradingAcademy 's Charles Moon wraps up the week with 3 names he's watching closely: Micron (MU), Roku Inc. (ROKU) and Nano Nuclear Energy (NNE). Rick Ducat provides a technical perspective on...
Why Nvidia, AMD, Micron, Arm And Other Chipmakers Are Ripping Higher Premarket On Thursday
Taiwan Semiconductor Manufacturing Company Ltd. TSMC is seen singularly lifting the semiconductor space in premarket trading on Thursday.
Intel Vs. Micron Technology: Which Chipmaker Holds The Edge?
Intel Corp. INTC and Micron Technology Inc. MU are going head-to-head in the semiconductor arena, but it looks like the battle lines are drawn in more than just the stock charts.
Semiconductors are 'canary in the coal mine' for tech sector, says Dan Niles
Dan Niles, Niles Investment Management founder & portfolio manager, joins 'Fast Money' to talk what is next for the chips trade.
Micron: How An Ongoing Memory Cycle Meets A Corrective Chart
Analysts were overly pessimistic about Micron's earnings, but the company exceeded expectations with strong guidance, particularly in HBM and DRAM demand. I recap Micron's supply and demand situation,...