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Micron (MU)
NASDAQ:MU
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MU Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$72.93 - $157.54
Previous Close$98.37
Volume18.92M
Average Volume (3M)22.14M
Market Cap
$108.36B
Enterprise Value$114.26B
Total Cash (Recent Filing)$8.11B
Total Debt (Recent Filing)$14.01B
Price to Earnings (P/E)140.4
Beta2.13
Next Earnings
Dec 18, 2024EPS Estimate
$1.73Last Dividend Ex-Date
Oct 07, 2024Dividend Yield0.47%
Share Statistics
EPS (TTM)0.67
Shares Outstanding1,108,742,682
10 Day Avg. Volume15,702,820
30 Day Avg. Volume22,138,654
Standard Deviation0.11
R-Squared0.30
Alpha0.00480
Financial Highlights & Ratios
Price to Book (P/B)2.42
Price to Sales (P/S)4.32
Price to Cash Flow (P/CF)8.00
P/FCF Ratio55.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue4.55
Enterprise Value/Gross Profit20.36
Enterprise Value/Ebitda12.75
Forecast
1Y Price Target
$149.81Price Target Upside45.79% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering25
Micron News
PremiumMarket News
QQQ ETF Update, 11/21/2024 
PremiumMarket News
VOO ETF Update, 11/20/2024 
PremiumMarket News
QQQ ETF Update, 11/18/2024 
Bulls Say, Bears Say
Bulls Say
AI-Driven GrowthMicron is well-positioned to be a major beneficiary of multi-year AI-driven growth in memory and storage demand from data centers to the edge.
Financial PerformanceGovernment incentives have significantly reduced capital expenditure by ~$2.34B, improving financial efficiency.
Market PositionMicron remains one of the top semiconductor ideas based on attractive valuation, AI-driven HBM new cycle, along with Micron's renewed technology leadership.
Bears Say
Inventory LevelsElevated DRAM and NAND inventory across the PC and smartphone OEMs is likely to remain a source of investor concern as it pertains to near-term pricing for select product segments.
Investor SentimentRoughly 80% of investors are negative.
Market ConditionsThere is concern that prices are rising in a market that seems slightly oversupplied.
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Ownership Overview
0.30% Insiders
25.47% Mutual Funds
17.88% Other Institutional Investors
31.55% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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MU FAQ
What was Micron’s price range in the past 12 months?
Micron lowest stock price was $72.93 and its highest was $157.53 in the past 12 months.
What is Micron’s market cap?
Currently, no data Available
When is Micron’s upcoming earnings report date?
Micron’s upcoming earnings report date is Dec 18, 2024 which is in 26 days.
How were Micron’s earnings last quarter?
Micron released its earnings results on Sep 25, 2024. The company reported $1.18 earnings per share for the quarter, beating the consensus estimate of $1.116 by $0.064.
Is Micron overvalued?
According to Wall Street analysts Micron’s price is currently Undervalued.
Does Micron pay dividends?
Micron pays a Quarterly dividend of $0.12 which represents an annual dividend yield of 0.47%. See more information on Micron dividends here
What is Micron’s EPS estimate?
Micron’s EPS estimate is $1.73.
How many shares outstanding does Micron have?
Micron has 1,108,742,700 shares outstanding.
What happened to Micron’s price movement after its last earnings report?
Micron reported an EPS of $1.18 in its last earnings report, beating expectations of $1.116. Following the earnings report the stock price went up 14.74%.
Which hedge fund is a major shareholder of Micron?
Among the largest hedge funds holding Micron’s share is PRIMECAP Management Co. It holds Micron’s shares valued at 4B.
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Micron Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$149.81 (45.79% Upside)
$149.81 (45.79% Upside)
Blogger Sentiment
Bullish
MU Sentiment 89%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Decreased
By 1.1M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $1.1M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.9%
Last 30 Days ▼ 1.9%
Last 30 Days ▼ 1.9%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
25.66%
12-Months-Change
Fundamentals
Return on Equity
1.74%
Trailing 12-Months
Asset Growth
8.03%
Trailing 12-Months
Company Description
Micron
Founded in 1978 and based in Idaho, Micron Technology, Inc. is a leader in providing innovative memory and storage solutions worldwide. It produces computer memory and computer data storage including dynamic random-access memory, flash memory, and USB flash drives. The company operates through four segments: Compute and Networking Business Unit (CNBU); Mobile Business Unit (MBU); Storage Business Unit (SBU); and Embedded Business Unit (EBU).
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MU Company Deck
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MU Earnings Call
Q4 2024
0:00 / 0:00
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MU Revenue Breakdown
37.88% Compute and Networking Business Unit
25.30% Mobile Business Unit
18.37% Embedded Business Unit
18.29% Storage Business Unit
0.15% Other
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MU Stock 12 Month Forecast
Average Price Target
$149.81
▲(45.79% Upside)
Technical Analysis
Best Analysts Covering MU
1 Year
1 Year Success Rate
33/46 ratings generated profit
1 Year Average Return
+39.17%
reiterated a buy rating 2 months ago
Copying Timothy Arcuri's trades and holding each position for 1 Year would result in 71.74% of your transactions generating a profit, with an average return of +39.17% per trade.
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