Micron Technology, Inc. (MU)

NASDAQ: MU · IEX Real-Time Price · USD
86.00
+0.09 (0.10%)
At close: Feb 23, 2024, 4:00 PM
85.97
-0.03 (-0.03%)
After-hours: Feb 23, 2024, 7:59 PM EST
0.10%
Market Cap 94.94B
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 (0.53%)
Ex-Dividend Date Dec 29, 2023
Volume 10,232,768
Open 86.55
Previous Close 85.91
Day's Range 85.05 - 86.82
52-Week Range 52.76 - 90.04
Beta 1.25
Analysts Strong Buy
Price Target 94.27 (+9.62%)
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]

Industry Semiconductors
Sector Technology
Founded 1978
Employees 43,000
Stock Exchange NASDAQ
Ticker Symbol MU
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 26 analysts, the average rating for MU stock is "Strong Buy." The 12-month stock price forecast is $94.27, which is an increase of 9.62% from the latest price.

Price Target
$94.27
(9.62% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Nvidia's AI Boom Spurs AMD, ARM, Super Micro, Palantir, and Many Other Stocks

CEO Jen-Hsun Huang said AI is “enabling a whole new industry.”

3 days ago - Barrons

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,...

5 days ago - GlobeNewsWire

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...

5 days ago - GlobeNewsWire

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...

Other symbols: AMDHUBSMELI
17 days ago - Market Watch

Goldman Sachs' top AI picks

Brook Dane, portfolio manager at Goldman Sachs Asset Management, joins The Exchange to discuss the firm's top AI picks and the reasoning behind these picks.

Other symbols: ACNAMDMRVLSNOWZS
18 days ago - CNBC Television

Sandvik completes the acquisition of pro-micron GmbH

STOCKHOLM , Feb. 2, 2024 /PRNewswire/ -- Sandvik has completed the previously announced acquisition of pro-micron GmbH, a German-based supplier of sensorised tools and automation software. The company...

23 days ago - PRNewsWire

AI growth propels semiconductor stocks to new highs

Taiwan Semiconductor Manufacturing Co. Ltd. NYSE: TSM stock gapped up nearly 10% on January 18 after trouncing earnings and sales views.

4 weeks ago - MarketBeat

Raymond James chip analyst Srini Pajjuri breaks down his top picks for 2024

Srini Pajjuri, Raymond James senior semiconductor analyst, joins CNBC's "The Exchange" to discuss his outlook on semiconductor stocks, like Nvidia and Intel.

Other symbols: AMDINTCNVDASMH
4 weeks ago - CNBC Television

Micron Appoints Michael Ray as Chief Legal Officer and Corporate Secretary

BOISE, Idaho, Jan. 22, 2024 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (Nasdaq: MU), an industry leader in innovative memory and storage solutions, today announced it is appointing Michael Ray as the...

4 weeks ago - GlobeNewsWire

Micron First to Market With LPDDR5X-based LPCAMM2 Memory, Transforming User Experiences for PCs

Higher performance, better power consumption, smaller form factor LPCAMM2 memory enables faster, lighter, smaller notebooks with longer battery life and modularity for serviceability and upgrades High...

6 weeks ago - GlobeNewsWire

Nvidia and 2 Other Best Chip Stocks to Buy for 2024, Says Analyst

New Street Research analyst Pierre Ferragu reiterated Buy ratings on Nvidia, Micron Technology, Mobileye, his top stock ideas.

Other symbols: NVDAMBLY
6 weeks ago - Barrons

Top Wall Street analysts prefer these 3 stocks for long-term growth

TipRanks' analyst ranking service pinpoints Wall Street's best-performing stocks, including Nike and Micron.

Other symbols: BKNGNKE
7 weeks ago - CNBC

Are top upgrades Micron, Lululemon & CrowdStrike buys right now?

Micron Technology, Inc. NASDAQ: MU, Lululemon Athletica Inc. NASDAQ: LULU  and CrowdStrike Holdings Inc. NASDAQ: CRWD made MarketBeat's list of most upgraded stocks in the past 90 days. Does this mean...

Other symbols: CRWDLULU
7 weeks ago - MarketBeat

Why Micron and AMD are the best semiconductors for 2024

Perhaps no other industry dominated the stock market in 2023 like that of semiconductors. With the advent of artificial intelligence (AI) and the seemingly endless applications for it, the demand for ...

Other symbols: AMD
7 weeks ago - MarketBeat

This Analyst With 84% Accuracy Rate Sees Around 13% Upside In Darden Restaurants - Here Are 5 Stock Picks For 2023 From Wall Street's Most Accurate Analysts - Darden Restaurants (NYSE:DRI), ARM Holdings (NASDAQ:ARM)

U.S. stocks closed slightly lower on Friday, but the S&P 500 closed out last year with a gain of 24.2%. The Dow closed the year with a 13.7% gain, while the Nasdaq Composite surged 43.4% to record its...

Other symbols: ARMDRIENFNTBBK
7 weeks ago - Benzinga

If Ray Dalio took profits here, then this stock needs to catch up

If there is one thing that investors need help getting used to, it is learning where - and where not - to take cues for potentially better places to invest when they come up. Many "experts" are fighti...

2 months ago - MarketBeat

Sandvik strengthens its position in sensorised tools market with the acquisition of pro-micron GmbH

STOCKHOLM , Dec. 28, 2023 /PRNewswire/ -- Sandvik has signed an agreement to acquire pro-micron GmbH, a German-based supplier of sensorised tools and automation software. Sensorised tools is a high-gr...

2 months ago - PRNewsWire

Micron Surged to Lead S&P 500 Gains After Its Latest Earnings Report—Here's Why

Micron Technology (MU) shares surged over 8% in intraday trading Thursday to lead S&P 500 gains after the chipmaker reported better-than-expected results and said it expects to gain from the artificia...

2 months ago - Investopedia

Chart of the Day: Micron

The 'Halftime Report' Investment Committee debate the bet on chips with CNBC's Kristina Partsinevelos.

2 months ago - CNBC Television

Micron CEO Sanjay Mehrotra on earnings beat: Financial performance will continue to gain momentum

Micron CEO Sanjay Mehrotra joins 'Squawk on the Street' to discuss the company's quarterly earnings results, current quarter guidance, growth outlook, and more.

2 months ago - CNBC Television

3 Charts For Investors to Watch Thursday: Warner Bros. Discovery, Micron, MCHI ETF

Here's our daily look at three charts connected to recent news-driven price moves, with key technical levels to monitor.

Other symbols: WBDMCHI
2 months ago - Investopedia

Why Micron's 2024 could be its best year ever

With just a few days left until Santa comes, shares of Micron Technology Inc NASDAQ: MU are set to give investors an early Christmas present. They jumped 5% in last night's after-hours sessions off th...

2 months ago - MarketBeat

Micron's stock surges toward a 21-month high on back of strong earnings and analysts' raised price targets

Shares of Micron Technology Inc. MU, -4.24% jumped 7.5% in premarket trading Thursday, as they head toward a 21-month high in the wake of a strong earnings report. The memory chip maker's stock, which...

2 months ago - Market Watch

We've very bullish on semiconductors going into 2024, says BofA's Vivek Arya

Vivek Arya, Bank of America senior semiconductor analyst, joins 'Squawk Box' to discuss the state of the semiconductor industry, Micron's quarterly earnings results, industry outlook in 2024, and more...

2 months ago - CNBC Television

Micron's AI Potential Has Wall Street Buzzing. The Stock Rises.

Micron shares were climbing 6% early Thursday after reporting results after the bell.

2 months ago - Barrons