Micron Technology, Inc. (MU)
| Market Cap | 147.02B |
| Revenue (ttm) | 21.37B |
| Net Income (ttm) | -1.54B |
| Shares Out | 1.11B |
| EPS (ttm) | -1.42 |
| PE Ratio | n/a |
| Forward PE | 24.25 |
| Dividend | $0.46 (0.35%) |
| Ex-Dividend Date | Jul 8, 2024 |
| Volume | 19,347,528 |
| Open | 129.91 |
| Previous Close | 131.52 |
| Day's Range | 129.42 - 132.71 |
| 52-Week Range | 60.50 - 157.54 |
| Beta | 1.21 |
| Analysts | Strong Buy |
| Price Target | 155.72 (+17.45%) |
| 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]
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 $155.72, which is an increase of 17.45% from the latest price.
News
Bullish on MU, RIVN, TSLA
Tom White looks at options activity in Micron (MU), Rivian (RIVN), and Telsa (TSLA). He then demonstrates bullish example trades using these names.
Our Digital Infrastructure Theme Which Includes Micron And Nvidia Surges 30% This Year On AI Demand. What's Next?
Our theme of Internet Infrastructure Stocks – which includes a diverse set of companies that sell hardware and software that underpin the Internet including server processors, graphics units, memory, ...
Options Corner: MU, SBUX, TSLA
Tom White looks at some unusual options activity in Micron (MU), Starbucks (SBUX) and Tesla (TSLA). He's neutral to bullish on Micron (MU), bearish on Starbucks (SBUX), and bullish on Tesla (TSLA).
Super Micro and Nvidia lead the S&P 500 this year. These stocks follow.
This has been a very good year for the stock market as a whole, although the performance of broad U.S. indexes also underscores how important the weighting of an index can be.
Stock Market Today: Stocks End Higher Ahead of May PCE Data
Micron Technology, Walgreens Boots Alliance and Levi's were three of Thursday's biggest movers.
Micron is still 'trending in the right direction': Analyst
Micron Technology (MU) reported fourth quarter earnings, surpassing expectations on the top and bottom lines. However, the company's weaker-than-expected outlook disappointed investors, triggering a d...
Three-Stock Lunch: Micron, Walgreens Boots and Levi Strauss
Anthony Forcione, Rockland Trust portfolio manager, joins 'Power Lunch' to discuss stock plays for three stocks.
Nvidia (NVDA) Shares Slump After Micron (MU) Falls
Nvidia (NVDA) shares slump after Micron's (MU) earnings. Kevin Green notes what rotation trends we're seeing within the tech sector and A.I.
4 Key Takeaways From Micron's Earnings Call
After Micron Technology (MU) reported fiscal third-quarter profit that missed analysts' estimates and offered soft revenue guidance, Micron executives joined the company's earnings call Wednesday, whe...
I'm Not Going To Tell You What My Price Target Is On Micron
Micron MICR: Bad reaction to an ok earnings print. The print was not amazing, they beat respectable and guided inline.
Micron slips on disappointing revenue forecast
CNBC's Seema Mody reports the latest on Micron.
Micron Releases 2024 Sustainability Report Highlighting Progress and Long-Term Vision
BOISE, Idaho, June 27, 2024 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (Nasdaq: MU), a global leader in innovative memory and storage solutions, today announced the release of its 2024 sustainability...
Micron Falls as Outlook Fails to Meet High End of Estimates
Micron's forecast disappointed investors seeking a bigger payoff from the artificial intelligence boom. Mandeep Singh of Bloomberg Intelligence examines the forecast and Micron's traditional markets o...
Micron Stock Falls on Disappointing Outlook: What to Know
Micron stock is lower Thursday as the memory chipmaker's soft current-quarter revenue outlook offsets a fiscal Q3 beat. Here's what you need to know.
Why Micron Is Weighing on Nvidia and Other Chip Stocks
Micron has been a popular play on exposure to the artificial-intelligence boom. The memory chip maker's stumble underlines the high expectations for semiconductor companies boosted by AI.
Micron To Rally Over 12%? Here Are 10 Top Analyst Forecasts For Thursday
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.
Watch These Micron Stock Price Levels Following Earnings-Driven Decline
Micron (MU) shares fell sharply in premarket trading Thursday after the chipmaker posted quarterly results and revenue guidance that came in below Wall Street's lofty expectations. The Idaho-based com...
Here's the good news on Micron even as stock heads for a post-earnings decline
Given all the excitement going into Micron Technology Inc.'s latest earnings report, the company's in-line revenue outlook for the current quarter wasn't enough to satisfy investors.
Wall Street Set For Weak Opening As Tech Rally Falters With Micron, Nvidia Edging Lower: Analyst Says Narrow Market Performance To Persists Unless One Of These Materializes
The two-day rally the broader market witnessed could stall, as traders choose to remain cautious ahead of a string of economic catalysts. The negative reaction to Micron Technology, Inc.‘s MU earnings...
Micron tumbles as AI revenue surge falls short of lofty expectations
Micron shares dropped 6% in premarket trading on Thursday after the chipmaker's current-quarter revenue forecast failed to impress investors looking for outsized results powered by the AI demand surge...
Micron's profit margin will rise given its growing AI memory business: Analyst
Dylan Patel from SemiAnalysis talks about Micron's business outlook as the market is starting the one of the largest memory cycles in history.
Micron investors will have to wait for 2025 for a bigger AI payoff
Amid a forecast that was just on target, some may be concerned by set contracts for HBM chips.
Micron's stock falls after earnings as revenue forecast fails to pack big upside
Micron Technology Inc. beat revenue expectations in the latest quarter and logged a sizable profit beat on Wednesday, but its top-line forecast for the current quarter was merely in line with the cons...
Micron Stock Tumbles as Profit, Revenue Outlook Disappoint
Micron Technology (MU) shares tumbled over 5% in extended trading Wednesday after the company reported third-quarter profit that missed analysts' estimates and offered soft revenue guidance.
Micron (MU) Falls Despite Earnings Beat
Micron's (MU) 3Q adjusted EPS came in at $0.62 versus an estimated $0.50 and revenue came in at $6.81B versus an estimated $6.70B. Caroline Woods and Kevin Green discuss these earnings as Micron falls...