Micron Technology, Inc. (MU)
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]
Financial Performance
Financial StatementsAnalyst 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.
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...
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 ...
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...
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...
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...
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.
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...
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...
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...
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.
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...
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.
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).
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.
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...
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...
Micron's headwinds signal AI 'digestion' phase
CNBC's Deirdre Bosa reports on news regarding Micron's quarterly earnings results.
Wall Street sees pressure on Micron, shares fall on weak guidance
CNBC's Seema Mody reports on the latest news from Micron.
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...
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.
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.
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...
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...
MU Getting "Clubbed," AVGO & NVDA Competition Heating Up
Kim Forrest says “A.I. is still winning.
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.