Skip to main content

LIVE

MU

Micron Technology, Inc.

MU

NASDAQ·Technology·Semiconductors·Mkt cap $1.1T

$933.44

-2.64%

P/E

20.95

Mkt Cap

$1.1T

52-Wk Range

$114.25–$1,255

52-Week Range

$114.25 - $1,255.00

P/E

20.95

Fwd P/E

6.01

Beta

2.21

Div Yield

0.06%

Avg Vol

47.0M

Shares Out

1.1B

Mkt Cap

$1.1T

Price action

Price chart

Up 687.9% over the trailing year

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

4 reasons

  • Vertically integrated manufacturing with advanced fab capabilities and process technology leadership
  • Diversified product portfolio spanning DRAM, NAND flash, and NOR memory serving multiple end markets
  • Strong brand recognition and established relationships with major OEMs, cloud providers, and enterprise customers
  • Significant R&D investment enabling continuous innovation in memory density, speed, and power efficiency

Bear Case

1 risk

  • High volatility (beta 2.2). Larger-than-normal price swings expected.

Growth

Stable outlook

Artificial intelligence and machine learning infrastructure requiring high-bandwidth memory solutions

Value

Trading at 0.3x Memory & Storage Semiconductors peers — a discount despite the growth profile.

Momentum

Weak

-12.3% over 3m

Quality

Excellent

High-growth business (167% revenue growth, 73% gross margin). Profitable with strong growth momentum.

Dividend

Token

0.06% yield

Earnings track record

Latest print - beat on both lines

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Sep 30, 2026

Q2 26 RECAP

JUN 24, 2026

Reported EPS of $25.11 vs $20.98 consensus (+19.7% surprise). Revenue of $41.5B vs $35.9B expected (+15.4%). Beat on both top and bottom lines.

EPS beat +19.7%
Rev beat +15.4%
Double beat

EPS surprise · last 4Q

1 of 1 beats

Estimate

Actual

Q2 26

+19.7%

Revenue trend · last 8Q

+38%

+37%

+46%

+57%

+196%

+346%

Q4 24

Q1 24

Q2 25

Q3 25

Q4 25

Q1 25

Q2 26

Q3 26

$7.8B

$8.7B

$8.1B

$9.3B

$11.3B

$13.6B

$23.9B

$41.5B

Margins · last 8Q

Gross

84.6%

Operating

80.4%

Profit

68.1%

Wall Street consensus

30 analysts · 80% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

24

80%

Hold

3

10%

Sell

3

10%

Median Price Target

$2,000.00

+114.3% vs $933.44

Low $2,000.00
Median $2,000.00
High $2,000.00

Latest: Wolfe Research · Aug 14, 2026

1 analyst covering

vs Industry

How MU stacks vs Semiconductors

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.