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Micron Technology, Inc. (MU)

NASDAQ: MU · IEX Real-Time Price · USD
67.47
-0.04 (-0.06%)
After-hours:Oct 22, 2021 7:59 PM EDT
67.51
-1.13 (-1.65%)
At close: Oct 22, 4:00 PM
Market Cap75.52B
Revenue (ttm)27.71B
Net Income (ttm)5.86B
Shares Out1.12B
EPS (ttm)5.14
PE Ratio13.13
Forward PE7.25
Dividend$0.10 (0.15%)
Ex-Dividend DateSep 30, 2021
Volume17,891,818
Open68.49
Previous Close68.64
Day's Range67.09 - 69.10
52-Week Range49.23 - 96.82
Beta1.27
AnalystsBuy
Price Target100.74 (+49.2%)
Est. Earnings DateDec 22, 2021

About MU

Micron Technology, Inc. designs, manufactures, and sells memory and storage products worldwide. The company operates through four segments: Compute and Networking Business Unit, Mobile Business Unit, Storage Business Unit, and Embedded Business Unit. It provides memory and storage technologies comprises DRAM products, which are dynamic random access memory semiconductor devices with low latency that provide high-speed data retrieval; NAND products that are non-volatile and re-writeable semiconductor storage devices; and NOR memory products, whi...

IndustrySemiconductors & Semiconductor Equipment
Founded1978
CEOSanjay Mehrotra
Employees43,000
Stock ExchangeNASDAQ
Ticker SymbolMU
Full Company Profile

Financial Performance

In 2021, MU's revenue was $27.71 billion, an increase of 29.25% compared to the previous year's $21.44 billion. Earnings were $5.86 billion, an increase of 118.12%.

Financial Statements

Analyst Forecast

According to 33 analysts, the average rating for MU stock is "Buy." The 12-month stock price forecast is 100.74, which is an increase of 49.22% from the latest price.

Price Target
$100.74
(49.22% upside)
Analyst Consensus: Buy

News

Micron (MU) Lays Out $150B Investment Plans to Boost Chip Output

Micron (MU) intends to invest more than $150 billion over the next decade on R&D and boost manufacturing via capacity expansion at its existing plants and build new facilities in the United States.

1 day ago - Zacks Investment Research

Micron CEO defends plans of over $150 billion investment in chip manufacturing and R&D

Micron Technology Inc (NASDAQ: MU) will invest more than $150 billion in global manufacturing and R&D over the next decade, the semiconductor manufacturer said in a press release on Wednesday. The massi...

2 days ago - Invezz

Micron CEO on $150 billion investment in memory chip manufacturing

Micron CEO Sanjay Mehrotra joins 'Squawk on the Street' to break down the company's decade-long, $150 billion investment in memory chip manufacturing.

2 days ago - CNBC Television

Better Buy: Micron Technology vs. Western Digital

Which of these NAND chipmakers is a better overall investment?

Other symbols:WDC
2 days ago - The Motley Fool

Want 119% to 145% Returns? Try These Growth Stocks, Says Wall Street

The stock market might be near all-time highs, but some Wall Street firms are still finding major growth opportunities.

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2 days ago - The Motley Fool

Micron considering new U.S. memory chip factory as it gears up spending

Micron Technology Inc said on Wednesday it is considering building a new memory factory in the United States but that state and federal subsidies will be needed to offset costs that are higher than its ...

2 days ago - Reuters

Micron Announces Over $150 Billion in Global Manufacturing and R&D Investments to Address 2030 Era Memory Demand

Expansion for leading-edge memory production has the potential to generate tens of thousands of new jobs and fuel opportunities for economic growth Expansion for leading-edge memory production has the p...

2 days ago - GlobeNewsWire

Micron to build $7 billion plant in Japan's Hiroshima - report

U.S. chip supplier Micron Technology Inc is set to invest 800 billion yen ($6.99 billion) in building a new factory in Hiroshima, western Japan, the Nikkan Kogyo newspaper reported on Wednesday.

3 days ago - Reuters

7 Top Stock Picks From Israel ‘Izzy' Englander for Your Portfolio

In times of doubt, it's always better to refer to seasoned investment gurus. Here are some of the top stock picks from Israel “Izzy” Englander.

3 days ago - InvestorPlace

Micron: A Bargain Buy

What does Micron do?

5 days ago - GuruFocus

Beat the Memory-Chip Blues with Micron Technology Stock

MU stock is irrationally cheap despite Micron outpacing Wall Street's expectations in both the top- and bottom-line fiscal results. The post Beat the Memory-Chip Blues with Micron Technology Stock appea...

1 week ago - InvestorPlace

3 5G Stocks to Buy in October

From memory chips to mobile gaming, these three companies will benefit from growing demand for all things 5G.

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1 week ago - The Motley Fool

7 Best Stocks to Buy on the Dip in October

Market volatility has provided investors with some prime opportunities. These high-quality stocks to buy have very attractive price points.

1 week ago - InvestorPlace

Micron Releases Green Bond Framework

BOISE, Idaho, Oct. 14, 2021 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (Nasdaq: MU), today announced the release of its Green Bond Framework, supported by a second-party opinion from Sustainalytics, a ...

1 week ago - GlobeNewsWire

Josh Brown: Nothing particularly meaningful impacting markets today

"I don't really think that anything that's happening today is particularly meaningful," Josh Brown, Ritholtz Wealth Management CEO, tells Sara Eisen on Closing Bell. He and Mike Santoli join the show ah...

Other symbols:SMHSOXXTXN
1 week ago - CNBC Television

What's Up And What's Next For Micron Technology?

Micron Technology, Inc. (NASDAQ:MU) shares are trading lower Tuesday amid reports suggesting the prices for the company's core DRAM memory chips are likely to decline next year. The past few months the ...

1 week ago - Benzinga

Why Micron Technology Fell Nearly 4% Today

Industry researchers dished out yet another warning that Micron's pricing power is under pressure.

1 week ago - The Motley Fool

Tesla stock jumps, Micron shares fall, Coinbase planning NFT marketplace launch

Don't Miss: Valley of Hype: The Culture That Built Elizabeth Holmes WATCH HERE: https://youtu.be/Sb179GLPNYE Watch the 2021 Berkshire Hathaway Annual Shareholders Meeting on YouTube: https://youtu.be/gx...

Other symbols:COINTSLA
1 week ago - Yahoo Finance

Micron stock drops after report warns DRAM prices set to fall

Micron Technology Inc. shares tumbled to a 10.5-month low Tuesday after a report said prices for DRAM memory chips will fall next year as supply is set to outstrip demand.

1 week ago - Fox Business

Micron Technology Whale Trades Spotted

Someone with a lot of money to spend (and possibly insider knowledge) has taken a bearish stance on Micron Technology(NASDAQ:MU). And retail traders should know.

1 week ago - Benzinga

Internet Infrastructure Stocks To Watch

Our indicative Theme of Internet Infrastructure Stocks - which includes a diverse set of companies that sell hardware and software that underpin the Internet - has returned about 17% year-to-date, rough...

Other symbols:CSCOINTCLITENVDA
1 week ago - Forbes

Why Micron Technology Shares Are Falling

Micron Technology, Inc. (NASDAQ: MU) shares are trading lower following reports suggesting the prices for the company's core DRAM memory chips are likely to decline next year. According to research firm...

1 week ago - Benzinga

Micron Advances its Digital Supply Chain with Blue Yonder

SCOTTSDALE, Ariz.--(BUSINESS WIRE)-- #AI--Blue Yonder, a world leader in digital supply chain and omni-channel commerce fulfillment, announced that Micron Technology, a world leader in innovative memory...

1 week ago - Business Wire

Is Micron Technology Stock a Buy?

The memory chip maker remains a battleground stock.

1 week ago - The Motley Fool

3 Stocks That Could Double by 2025

A little patience can lead to big returns.

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1 week ago - The Motley Fool