Micron Technology, Inc. (MU)
| Market Cap | 121.32B |
| Revenue (ttm) | 21.37B |
| Net Income (ttm) | -1.54B |
| Shares Out | 1.11B |
| EPS (ttm) | -1.42 |
| PE Ratio | n/a |
| Forward PE | 19.67 |
| Dividend | $0.46 (0.42%) |
| Ex-Dividend Date | Jul 8, 2024 |
| Volume | 18,380,232 |
| Open | 110.00 |
| Previous Close | 107.45 |
| Day's Range | 107.78 - 110.63 |
| 52-Week Range | 61.75 - 157.54 |
| Beta | 1.18 |
| Analysts | Strong Buy |
| Price Target | 159.08 (+45.4%) |
| Earnings Date | Sep 25, 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 25 analysts, the average rating for MU stock is "Strong Buy." The 12-month stock price forecast is $159.08, which is an increase of 45.40% from the latest price.
News
Bullish on MU, AVGO & Bearish on GOOGL
Tom White takes a look at options trades for Alphabet (GOOGL), Micron (MU), and Broadcom (AVGO). He is bearish on GOOGL, bullish on MU and neutral to bullish on AVGO.
Micron Introduces the World's Fastest Data Center SSD
Innovative Micron 9550 PCIe Gen5 SSD delivers unrivaled workload performance for AI and beyond Innovative Micron 9550 PCIe Gen5 SSD delivers unrivaled workload performance for AI and beyond
Tracking chipmakers after sell-off
CNBC's Seema Mody joins 'Squawk on the Street' to discuss strategists weigh in on the market sell-off in semiconductors.
Micron Unveils Industry's Fastest 2230 Gen4 Consumer SSD, the Crucial P310, to Accelerate Handheld Gaming, Ultrathin Laptops and Mini PCs
Offering up to 2TB of storage, the P310 2230 SSD empowers handheld gamers to expand gaming libraries while increasing performance and load speed Offering up to 2TB of storage, the P310 2230 SSD empowe...
Chip stocks tumble on fears of tighter US curbs on sales to China
Shares of chipmakers fell more than 4% before the bell on Wednesday amid reports of possible tighter restrictions on supply of advanced technology to key market China and comments on Taiwan from Repub...
Micron, Super Micro, and Big Tech Stocks Fall. Blame ASML, Trump and Shift to Small Caps.
The tech and chip stock rally that has far outstripped the rest of the market so far this year looked set to come to a juddering halt on Wednesday.
Micron MRDIMM Innovations Deliver Highest Performance and Lowest Latency Main Memory to Accelerate Data Center Workloads
Transformative Micron MRDIMMs power memory-intensive applications like AI and HPC with up to 256GB capacity at 40% lower latency Transformative Micron MRDIMMs power memory-intensive applications like ...
Broadcom, Marvell, and 3 Other Chip Stocks to Play AI, Says J.P. Morgan
J.P. Morgan analyst Harlan Sur favors Broadcom, Marvell Technology, Micron Technology, Analog Devices, and Microchip Technology.
5 Semiconductor Stocks Set For Explosive Growth In Second Half 2024, Says JPMorgan: Nvidia Not Included
In the fiercely competitive semiconductor industry, Nvidia Corp often captures the spotlight with its groundbreaking AI advancements. However, the industry's next major winners might not be the usual ...
Micron Technology Analysts Remain Bullish After Management Meetings, 'AI
Micron Technology Inc MU shares were climbing in early trading on Friday and are up more than 60% year to date on an AI rally.
Taiwan president thanks Micron CEO for his trust in Taiwan
Taiwan President Lai Ching-te thanked memory chipmaker Micron's Chief Executive Sanjay Mehrotra on Friday for his trust and continued investment in the island, in a rare public meeting with a senior f...
Gunze "GEOPLAS® HCX1 23 Micron", the Most Lightweight Shrink Film, Adopted for Beverage Shrink Label in DyDo DRINCO
OSAKA, Japan--(BUSINESS WIRE)-- #Ecofriendly--Gunze Limited (Headquarters: Osaka, Japan, President: Toshiyasu Saguchi) [Tokyo:3002] is pleased to announce that it has launched "GEOPLAS® HCX1 23 Micron...
Nvidia, Micron price targets raised at KeyBanc
KeyBanc raised its price target on Nvidia (NVDA) to $180 from $130 and on Micron (MU) to $165 from $160. The moves were part of a broader note on the state of the chip sector, with analyst John Vinh w...
Nvidia's Blackwell Launch Can Lift These 2 Chip Stocks. AMD Is Still a Winner.
The maker of graphics processing units for artificial intelligence will benefit from both higher sales volume and higher prices when its next chips become available, KeyBanc says.
Top Wall Street analysts see attractive prospects for these 3 stocks
TipRanks' analyst ranking service pinpoints Wall Street's best-performing stocks, including Micron Technology and Amazon.
Nvidia Has Dropped 5% Since Its Peak. These 2 Chip Stocks Have Done Worse.
The chip maker hit a peak close on June 18 but has fallen back since then. It's not the only AI favorite that has stumbled.
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...