Micron Technology, Inc. (MU)

NASDAQ: MU · Real-Time Price · USD
90.12
+3.03 (3.48%)
At close: Dec 20, 2024, 4:00 PM
90.41
+0.29 (0.32%)
After-hours: Dec 20, 2024, 7:59 PM EST
3.48%
Market Cap 100.41B
Revenue (ttm) 29.09B
Net Income (ttm) 3.88B
Shares Out 1.11B
EPS (ttm) 3.46
PE Ratio 26.04
Forward PE 11.50
Dividend $0.46 (0.51%)
Ex-Dividend Date Oct 7, 2024
Volume 48,788,536
Open 85.41
Previous Close 87.09
Day's Range 83.54 - 90.25
52-Week Range 79.15 - 157.54
Beta 1.15
Analysts Strong Buy
Price Target 137.33 (+52.39%)
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]

Industry Semiconductors
Sector Technology
Founded 1978
Employees 48,000
Stock Exchange NASDAQ
Ticker Symbol MU
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 25 analysts, the average rating for MU stock is "Strong Buy." The 12-month stock price forecast is $137.33, which is an increase of 52.39% from the latest price.

Price Target
$137.33
(52.39% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

4 Ideal Buys From 15 'Safer' Dividends On Bloomberg's 50 December 2025 Watchlist

Bloomberg Intelligence analysts identified 50 watchable companies for 2025, focusing on potential catalysts like new leadership and geopolitical impacts, with 37 paying dividends. Fourteen of these di...

13 hours ago - Seeking Alpha

Micron: Breakout Imminent - Ignore The Lumpy FQ2'25 Guidance

MU's double beat FQ1'25 performance has been temporarily negated by the lumpy FQ2'25 guidance, with it signaling mixed near-term prospects. Even so, we believe that the market has over-reacted, since ...

1 day ago - Seeking Alpha

INVESTIGATION ALERT (NASDAQ: MU): DiCello Levitt LLP Is Investigating Investor Claims Against Micron Technology, Inc. and Encourages MU Investors with Losses to Contact the Firm

SAN DIEGO, Dec. 20, 2024 (GLOBE NEWSWIRE) -- DiCello Levitt LLP announces that it is investigating whether Micron Technologies, Inc. (“Micron” or the “Company”) (NASDAQ: MU) violated the federal secur...

2 days ago - GlobeNewsWire

Stock Market This Week: Rate Cut Sell-Off, BTC Below $100K, MU Plunges

Friday's rebound rally didn't fully reverse all the selling from the Fed's rate cut outlook announcement. The committee voted to cut another 25BPS but curbed the rate of cuts it originally projected f...

2 days ago - Schwab Network

Micron Technology Q1: Undervalued And Innovative

Micron Technology, Inc. enjoys a leading position in cutting-edge AI memory technology with exposure to data center megatrends. The 17% share price decline opens an investment opportunity in an alread...

2 days ago - Seeking Alpha

Micron Q1 Earnings: Buy This Dip

Micron's stock dropped 16% despite strong Q1 results due to disappointing Q2 guidance, creating a buying opportunity at less than 30 times earnings.

2 days ago - Seeking Alpha

Micron's Growth Is Limited By Sold Out HBM (Rating Downgrade)

Micron's Q1'25 earnings met estimates, but Q2'25 guidance fell short, leading to a -16% after-hours selloff; revenue guidance is $1B below consensus estimates. Capital investments are forecast to grow...

2 days ago - Seeking Alpha

Micron Stock: The Sell-Off We've Been Waiting For - Upgrading To Strong Buy

Micron Technology just reported its 1QFY25 earnings results and outlook, causing the stock to slide 16% lower for the day; we're upgrading the stock to a strong buy. We think the slower end demand reb...

2 days ago - Seeking Alpha

Micron Q1 Review: Strong AI Demand Means I'm Still Bullish (Rating Upgrade)

Micron Technology's 16% stock drop post-Q2 guidance miss is driven by weaker NAND and mobile orders, not AI-related issues. Despite short-term challenges, Micron's AI and data center DRAM markets rema...

2 days ago - Seeking Alpha

S&P 500, Nasdaq End In Red As Investor Sentiment Declines, Micron Tumbles After Sales Miss: Greed Index In 'Extreme Fear' Zone

The CNN Money Fear and Greed index showed a decline in the overall market sentiment, with the index in the “Extreme Fear” zone on Thursday.

2 days ago - Benzinga

Micron Plummets on Weak Outlook

Kim Forrest, CIO of Bokeh Capital Partners, says it's a buying opportunity for Micron as shares plunge on the company's weak chips outlook. She joins Caroline Hyde on "Bloomberg Technology" to discuss...

3 days ago - Bloomberg Technology

MU Investors "Handed Nothing," Path to Overcome Headwinds

Brian Glenn says investors getting "flat returns" in Micron's (MU) latest earnings was enough to spark a sell-off. He argues they are frustrated over Micron's lack of growth despite a robust A.I.

3 days ago - Schwab Network

Options Corner: NVDA, MU, BA

A.I. and aerospace take focus in today's Options Corner. Tom White turns to bullish trades in Nvidia (NVDA) and Boeing (BA).

Other symbols: NVDABA
3 days ago - Schwab Network

Micron Stock Plunges After Company Cuts Outlook, Analysts Raise Concerns

Micron Technology (MU) shares sank Thursday after the chipmaker warned about softness in consumer-oriented markets and some analysts lowered their outlook for the company.

3 days ago - Investopedia

Micron Q1: Riddled With A Challenging Outlook (Rating Downgrade)

In my fiscal Q1 FY25 preview note on Micron Technology, Inc., I had expressed a cautious stance, which correctly anticipated a weak NAND market ahead (NAND makes up 26% of Micron's revenues). The NAND...

3 days ago - Seeking Alpha

Micron's Poor Performance Is Not Surprising (Rating Downgrade)

Micron Technology, Inc.'s Q1 2025 results show strong revenue and margins, driven by record data center demand, but the company faces risks from concentrated customer dependency. DRAM and NAND markets...

3 days ago - Seeking Alpha

Micron's headwinds signal AI 'digestion' phase

CNBC's Deirdre Bosa reports on news regarding Micron's quarterly earnings results.

3 days ago - CNBC Television

Wall Street sees pressure on Micron, shares fall on weak guidance

CNBC's Seema Mody reports on the latest news from Micron.

3 days ago - CNBC Television

Micron stock headed for worst day since 2020 after disappointing guidance

Shares of Micron plummeted on Thursday after the chipmaker issued weaker-than-expected guidance for the second quarter. "Micron expects further delay in the PC refresh cycle and cited pockets of eleva...

3 days ago - CNBC

US Stocks Higher, Micron Reports Downbeat Sales

U.S. stocks traded higher this morning, with the Dow Jones index gaining around 200 points on Thursday.

3 days ago - Benzinga

Micron's stock may see its worst day since 2020. Why the bulls are still upbeat.

Analysts are largely upbeat on Micron's stock, pointing to an upbeat AI narrative while noting that pressures on consumer markets shouldn't be much shock to Wall Street.

3 days ago - Market Watch

Micron: Why I Am Aggressively Buying The Drop

Micron Technology reported better than expected fiscal Q1 '25 earnings, but issued weak Q2 '25 guidance, causing a 16% share drop in extended trading. Despite the guidance, Micron's HBM3E memory solut...

3 days ago - Seeking Alpha

Deep dive: here's why Micron's guidance shouldn't concern investors much

Investors are bailing on Micron Technology Inc (NASDAQ: MU) this morning after the chipmaker issued guidance for its current fiscal quarter that missed Street estimates. Micron expects to earn $1.43 p...

3 days ago - Invezz

MU Getting "Clubbed," AVGO & NVDA Competition Heating Up

Kim Forrest says “A.I. is still winning.

Other symbols: AVGONVDA
3 days ago - Schwab Network

Lamb Weston Posts Weak Q2 Results, Joins Micron, Lennar And Other Big Stocks Moving Lower In Thursday's Pre-Market Session

U.S. stock futures were higher this morning, with the Dow futures gaining over 100 points on Thursday.

Other symbols: LENLW
3 days ago - Benzinga