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Micron (MU)
NASDAQ:MU
Micron (MU) Stock Price & Analysis
26,720 Followers
MU Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$60.15 - $157.54
Previous Close$132.59
Volume14.51M
Average Volume (3M)21.79M
Market Cap
$147.02B
Enterprise Value$152.51B
Total Cash (Recent Filing)$8.38B
Total Debt (Recent Filing)$13.87B
Price to Earnings (P/E)―
Beta1.37
Next Earnings
Sep 26, 2024EPS Estimate
$1.1Next Dividend Ex-Date
Jul 08, 2024Dividend Yield0.35%
Share Statistics
EPS (TTM)-1.42
Shares Outstanding1,107,368,110
10 Day Avg. Volume24,550,113
30 Day Avg. Volume21,787,896
Standard Deviation0.11
R-Squared0.33
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)3.65
Price to Sales (P/S)38.53
Price to Cash Flow (P/CF)31.70
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue7.14
Enterprise Value/Gross Profit-107.70
Enterprise Value/Ebitda23.74
Forecast
1Y Price Target
$161.12Price Target Upside17.76% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering27
Micron News
PremiumMarket News
Who Owns Micron Stock (MU)?
Bulls Say, Bears Say
Bulls Say
Financial PerformanceMicron reported F3Q24 PF EPS of $0.62, well above the guidance of $0.45.
Market PositionMicron remains one of the top semiconductor ideas based on attractive valuation, 'super cycle' opportunity driven by AI, along with Micron's renewed technology.
Technology And InnovationMicron continues to qualify new products that use advanced DRAM and NAND nodes, which are several quarters ahead of the industry and progressing well.
Bears Say
Capital ExpenditureFY25 capital expenditure is expected to be significantly above previous expectations, potentially exceeding $14 billion.
Natural Disaster ImpactMicron's DRAM manufacturing in Taiwan is not yet at full production following an earthquake.
RevenuesRevenues for the largest memory consuming market across both DRAM and NAND in mobile were actually down 1% for MU, along with balance sheet inventory that was up again slightly.
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Ownership Overview
1.46% Insiders
27.74% Mutual Funds
22.68% Other Institutional Investors
48.12% 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 $60.15 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 Sep 26, 2024 which is in 84 days.
How were Micron’s earnings last quarter?
Micron released its earnings results on Jun 26, 2024. The company reported $0.62 earnings per share for the quarter, beating the consensus estimate of $0.48 by $0.14.
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 0.35%. See more information on Micron dividends here
What is Micron’s EPS estimate?
Micron’s EPS estimate is $1.1.
How many shares outstanding does Micron have?
Micron has 1,108,841,300 shares outstanding.
What happened to Micron’s price movement after its last earnings report?
Micron reported an EPS of $0.62 in its last earnings report, beating expectations of $0.48. Following the earnings report the stock price went down -7.116%.
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:
$161.12 (17.76% Upside)
$161.12 (17.76% Upside)
Blogger Sentiment
Bullish
MU Sentiment 78%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 3.1M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $22.1M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 4.4%
Last 30 Days ▲ 20.6%
Last 30 Days ▲ 20.6%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
115.37%
12-Months-Change
Fundamentals
Return on Equity
-3.43%
Trailing 12-Months
Asset Growth
0.88%
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
Q3 2024
0:00 / 0:00
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MU Revenue Breakdown
36.74% Compute and Networking Business Unit
23.40% Embedded Business Unit
23.36% Mobile Business Unit
16.43% Storage Business Unit
0.06% Other
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MU Stock 12 Month Forecast
Average Price Target
$161.12
▲(17.76% Upside)
Technical Analysis
Best Analysts Covering MU
1 Year
1 Year Success Rate
32/45 ratings generated profit
1 Year Average Return
+42.45%
reiterated a buy rating 7 days ago
Copying Timothy Arcuri's trades and holding each position for 1 Year would result in 71.11% of your transactions generating a profit, with an average return of +42.45% per trade.
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