Micron Technology, Inc. (MU)

NASDAQ: MU · IEX Real-Time Price · USD
93.78
+0.53 (0.57%)
At close: Mar 18, 2024, 4:00 PM
93.15
-0.63 (-0.67%)
After-hours: Mar 18, 2024, 7:59 PM EDT
0.57%
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]

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 $103.47, which is an increase of 10.33% from the latest price.

Price Target
$103.47
(10.33% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

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...

4 hours ago - Schwab Network

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.

Other symbols: NETNKE
11 hours ago - CNBC Television

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.

18 hours ago - Market Watch

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...

3 days ago - Investopedia

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.

3 days ago - Market Watch

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...

7 days ago - GlobeNewsWire

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...

10 days ago - Forbes

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...

11 days ago - Yahoo Finance

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.

Other symbols: INTC
11 days ago - Schwab Network

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.

11 days ago - Invezz

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...

11 days ago - Market Watch

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.

11 days ago - Barrons

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...

13 days ago - GlobeNewsWire

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.

17 days ago - Reuters

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...

20 days ago - GlobeNewsWire

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...

21 days ago - GlobeNewsWire

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.

21 days ago - Schwab Network

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.

Other symbols: NVDA
21 days ago - Invezz

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...

Other symbols: NVDA
21 days ago - Reuters

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...

21 days ago - GlobeNewsWire

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.”

25 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,...

27 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...

27 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
5 weeks 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
5 weeks ago - CNBC Television