Micron Technology, Inc. (MU)
Market Cap | 102.94B |
Revenue (ttm) | 16.18B |
Net Income (ttm) | -6.87B |
Shares Out | 1.10B |
EPS (ttm) | -6.28 |
PE Ratio | n/a |
Forward PE | 454.55 |
Dividend | $0.46 (0.49%) |
Ex-Dividend Date | Dec 29, 2023 |
Volume | 22,793,218 |
Open | 96.82 |
Previous Close | 93.25 |
Day's Range | 93.69 - 97.08 |
52-Week Range | 56.01 - 101.85 |
Beta | 1.24 |
Analysts | Strong Buy |
Price Target | 103.47 (+10.33%) |
Earnings Date | Mar 20, 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 $103.47, which is an increase of 10.33% from the latest price.
News
Micron (MU): Time To Sell? Gareth Soloway Weighs In
The Micron (MU) stock price recently peaked above 2021 highs and could be showing resistance between $98 to $100. Gareth Soloway says that semiconductors are somewhat extended and that now could be th...
Tracking the Technical Support for: Cloudflare, Micron & Nike
Jay Woods, Freedom Capital Markets chief global strategist, joins 'Power Lunch' to discuss the technical support for Cloudflare, Micron Technology and Nike.
Micron's AI story is building — and fueling optimism ahead of earnings
Micron Technology Inc. continues to establish itself as an artificial-intelligence play in the eyes of Wall Street.
What You Need To Know Ahead of Micron's Earnings Report Wednesday
Micron Technology (MU) is set to announce its second-quarter earnings for the 2024 fiscal year after the bell on Wednesday, with analysts expecting an increase in dynamic random access memory (DRAM) r...
Micron's stock could rocket 60%, says the new biggest bull on Wall Street
Micron Technology Inc. has now found itself in a cool crowd, and that could translate to big gains for its stock, one analyst says.
Micron Appoints Robert Swan to its Board of Directors
BOISE, Idaho, March 11, 2024 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (Nasdaq: MU), an industry leader in innovative memory and storage solutions, today announced the appointment of Robert (Bob) Sw...
Up 12% This Year On AI Tailwinds, Will Micron Stock See Further Gains Following Q2 Results?
Micron Technology (NASDAQ: MU) is expected to publish its Q2 2024 results around March 20, reporting on a quarter that is likely to see the company benefit from stronger pricing for DRAM memory and hi...
Stifel upgrades Micron to Buy, diverges from Wall Street estimates
Stifel analysts upgraded shares of chip company Micron Technology (MU) to a Buy rating and raised its price target to $120 per share. Brian Chin, who issued the note, disagrees with Wall Street's cons...
Intel's (INTC) Possible $3.5B U.S. Gov. Contract, Micron (MU) Upgrade
Intel (INTC) is poised to win a $3.5B U.S. government contract. Jenny Horne discusses this, as it is reported that Intel is to produce an advanced chip for U.S. military and intelligence programs.
As Nvidia stock marches towards $1,000, buy this underappreciated AI stock
Nvidia Corp (NASDAQ: NVDA) is up another 4.0% on Thursday after a Mizuho analyst said it could hit $1,000 per share in the coming months.
Micron's stock gets new buy call as it's deemed another chip-sector play on AI
There are various ways to play the artificial-intelligence craze within the chip sector, and Stifel analyst Brian Chin said Micron Technology Inc.'s stock is increasingly being seen as one of the opti...
Micron Stock Is an AI Play, Says New Bull
Stifel analyst Brian Chin upgraded shares of memory-chip maker Micron to Buy from Hold. His new $120 price target implies more than 20% upside.
Micron Releases ‘What Makes Us Micron' 2023 Diversity, Equality and Inclusion Report
BOISE, Idaho, March 05, 2024 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (Nasdaq: MU), today announced the release of its sixth annual diversity, equality and inclusion (DEI) report, “What makes us Mi...
US conducting environmental review of Micron New York chips project
The U.S. Army Corps of Engineers said on Friday it is conducting an environmental review of Micron's planned dynamic random-access memory chips manufacturing campus in New York.
Micron Collaborates with Samsung on Galaxy S24 Series to Unlock the Era of Mobile AI Experiences
Samsung's flagship Galaxy S24 Ultra, S24+ and S24 incorporate Micron's high-performance, power-efficient LPDDR5X and UFS 4.0 Samsung's flagship Galaxy S24 Ultra, S24+ and S24 incorporate Micron's high...
Micron Delivers the World's Most Compact UFS Package to Enable Next-Generation Phone Designs and Larger Batteries
Company extends UFS 4.0 mobile storage leadership with proprietary firmware features to accelerate data-rich experiences Company extends UFS 4.0 mobile storage leadership with proprietary firmware fea...
Micron (MU) Begins Mass A.I. Memory Chip Production
Chip stocks continue to help carry the larger market. Jenny Horne discusses this as Rosenblatt raises Arm Holding's (ARM) price target to $180 from $140.
Micron begins mass producing its HBM3E to be used in Nvidia H200
Micron Technology Inc (NASDAQ: MU) is trading up in premarket on Monday after announcing to have started mass production of its HBM3E solution.
Micron starts mass production of its memory chips for use in Nvidia's AI semiconductors
Micron Technology has started mass production of its high-bandwidth memory semiconductors for use in Nvidia's latest chip for artificial intelligence, sending its shares up more than 4% before the bel...
Micron Commences Volume Production of Industry-Leading HBM3E Solution to Accelerate the Growth of AI
Micron HBM3E helps reduce data center operating costs by consuming about 30% less power than competing HBM3E offerings Micron HBM3E helps reduce data center operating costs by consuming about 30% less...
Micron Technology to Report Fiscal Second Quarter Results on March 20, 2024
BOISE, Idaho, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (Nasdaq: MU), announced today that it will hold its fiscal second quarter earnings conference call on Wednesday, March 20, 2024,...
Crucial Pro Series Supercharges Portfolio with DDR5 Overclocking Memory and World's Fastest Gen5 SSD
AI-PC ready, Crucial® DDR5 Pro Overclocking memory is compatible with DDR5 CPUs supporting Intel® XMP 3.0 and AMD EXPO™, while the Crucial T705 Gen5 NVMe® SSD further raises the bar for Gen5 performan...
These stocks are poised to lead tech beyond the ‘Magnificent 7'
Many stock investors feared last year that companies with a disruptive impact on technology would continue to underperform, due to higher interest rates and a weaker macroeconomic backdrop. This uncer...