Micron Technology (MU) Stock Insights

MU price $967.13 +38.37 +4.13%

Ticker
MU
Price
$967.13
Change
+38.37 +4.13%
Market cap ?
$1.09T
P/E ?
12.00
Forward P/E ?
5.52
Dividend yield ?
0.06%
Beta ?
2.23
Sector
Technology
Industry
Semiconductors
Stocklytics score
88
Value
72
Quality
96
Growth
96

Stocklytics score rationale: value 72, quality 96, growth 96.

Financials

2017201820192020202120222023202420252026
203220000003039100000023406000000214350000002770500000030758000000155400000002511100000037378000000133188000000

Micron Technology, Inc. is a global leader specializing in the development, manufacture, and sale of advanced semiconductor memory and storage solutions. Its operations are structured across four primary business segments: Compute and Networking, Mobile, Storage, and Embedded. The company's product portfolio encompasses a range of memory and data storage technologies. These include high-speed, low-latency Dynamic…

Fair value

MU fair value $1,943.30. Price $967.13. Price is 50% below fair value.

Below fair value, and cheaper than usual. A larger discount than on 99% of days in the past 5 years.

Fair value is an estimate of what one share is worth if future cash flows arrive as modeled. It is not a forecast of the share price. How discounted cash flow works.

Calculated with a 10-year free-cash-flow discount. Starting free cash flow 80.17B. Growth 20.00%. When analyst earnings forecasts are available, free cash flow in those years is forecast earnings times the company's usual conversion of earnings into free cash flow, kept between 60% and 130%. Years with fewer than 3 analyst estimates are left out. Growth then fades in a straight line to terminal growth by year 10, starting from the last well-covered year's growth, or from the pace across those years when the final year slows sharply, kept between 0% and 20%. Without those forecasts, year-1 growth is analyst revenue growth for the next full fiscal year, or 5-year historical revenue growth when that forecast is missing, held for five years, then fading in a straight line to terminal growth by year 10. Terminal growth 3.00%. Discount rate 12.00% (beta 2.0). Beta is kept between 0.8 and 2.0, which on its own would make the discount rate 8.7% to 15.3%. The rate is then capped at 12%. A cap is used because a discount above 12% pushes higher-beta stocks further from the price. The discount rate stays at least 5 percentage points above terminal growth. Shares 1.13B. Net debt -33.19B. The earnings value is next-12-months earnings per share, or trailing earnings when that forecast is missing, times the stock's own 10-year median P/E, kept between 8 and 40. Fewer than five years of history uses the sector's typical P/E. Fair value is the average of the cash-flow value and the earnings value when both exist. Model uncertainty is high when fair value is more than 60% from the price, or when most of the cash-flow value sits after year 10.

Free cash flow adds back growth capex above depreciation.

Compare MU

Earnings

DateEPS actualEPS estimateRevenueRevenue estimate
2026-12-23—38.20—61.54B
2026-09-3033.4231.7754.23B51.33B
2026-06-2425.1120.9841.46B35.91B
2026-03-1812.209.1923.86B19.97B
2025-12-174.783.9613.64B12.91B
2025-09-233.032.8611.31B11.22B
2025-06-251.911.609.30B8.86B
2025-03-201.561.438.05B7.90B
2024-12-181.791.758.71B8.71B
2024-09-251.181.127.75B7.65B
2024-06-260.620.486.81B6.67B
2024-03-200.42-0.255.82B5.35B
2023-12-20-0.95-0.994.73B4.81B
2023-09-27-1.07-1.184.01B3.91B
2023-06-28-1.43-1.583.75B3.65B
2023-03-28-1.91-0.663.69B3.72B
2022-12-21-0.04-0.014.08B4.13B
2022-09-291.451.306.64B6.73B
2022-06-302.592.438.64B8.64B
2022-03-292.141.977.79B7.53B
2021-12-202.162.117.69B7.52B
2021-09-282.422.338.27B—
2021-06-301.881.727.42B—
2021-03-310.980.956.24B—
2021-01-070.780.715.77B5.20B
2020-09-291.080.996.06B5.55B
2020-06-290.820.775.44B5.17B
2020-03-250.450.374.80B3.94B
2019-12-180.480.475.14B5.04B
2019-09-260.560.494.87B4.26B
2019-06-251.050.784.79B3.60B
2019-03-201.711.675.83B5.70B
2018-12-182.972.967.91B7.89B
2018-09-203.533.348.44B7.99B
2018-06-203.153.147.80B7.77B
2018-03-222.822.737.35B7.12B
2017-12-192.452.216.80B6.14B
2017-09-262.021.836.14B5.59B
2017-06-291.621.515.57B5.19B
2017-03-230.900.864.65B4.44B

Dividends

Yield 0.06%. Payout ratio 0.72%. Frequency Quarterly.

Safety score 91/100 · Safe. Payout ratio is 1% of earnings. Dividends use less than 40% of free cash flow. Dividends were paid in 12 separate years. Yield is 0.1%, which is low.

Ex-dateDividendRecordPaymentFrequency
2026-10-14$0.152026-10-142026-10-29Quarterly
2026-07-06$0.152026-07-062026-07-21Quarterly
2026-03-30$0.152026-03-302026-04-15Quarterly
2025-12-29$0.122025-12-292026-01-14Irregular
2025-10-03$0.122025-10-032025-10-21Quarterly
2025-07-07$0.122025-07-072025-07-22Quarterly
2025-03-31$0.122025-03-312025-04-15Quarterly
2024-12-30$0.122024-12-302025-01-15Irregular
2024-10-07$0.122024-10-072024-10-23Quarterly
2024-07-08$0.122024-07-082024-07-23Quarterly
2024-03-28$0.122024-04-012024-04-16Quarterly
2023-12-29$0.122024-01-022024-01-18Quarterly
2023-10-06$0.122023-10-102023-10-25Quarterly
2023-07-07$0.122023-07-102023-07-25Quarterly
2023-04-06$0.122023-04-102023-04-25Quarterly
2022-12-30$0.122023-01-032023-01-19Quarterly
2022-10-07$0.122022-10-112022-10-26Quarterly
2022-07-08$0.122022-07-112022-07-26Quarterly
2022-04-08$0.102022-04-112022-04-26Quarterly
2021-12-31$0.102022-01-032022-01-18Quarterly
2021-09-30$0.102021-10-012021-10-18Quarterly
1996-05-07$0.031996-05-091996-05-31Semi-Annual
1995-12-26$0.031995-12-281996-01-18Irregular
1995-11-08$0.031995-11-101995-12-01Quarterly
1995-08-09$0.031995-08-111995-08-21Quarterly
1995-05-30$0.031995-06-051995-06-14Irregular
1995-03-30$0.03——Quarterly
1994-12-29$0.011995-01-051995-02-03Quarterly
1994-09-26$0.011994-09-301994-10-24Quarterly
1994-07-19$0.011994-07-251994-08-15Quarterly
1994-04-26$0.011994-05-021994-05-23Semi-Annual
1993-11-26$0.011993-12-021994-01-06Annual
1992-11-27$0.011992-12-031993-01-07Annual
1991-11-22$0.011991-11-291992-01-02Annual

Insider trades

DateInsiderActionSharesPriceValue
2026-10-16Deboer Scott JSell28.44K$900.0025.60M
2026-10-16Deboer Scott JSell100$901.0090.10K
2026-10-16Deboer Scott JSell1$902.01516
2026-10-15ALLEN SCOTT R.Sell583$914.13532.94K
2026-10-15ALLEN SCOTT R.Sell218$914.13199.28K
2026-10-14RAY MICHAEL CHARLESSell40$947.2937.89K
2026-10-14RAY MICHAEL CHARLESSell488$914.13446.10K
2026-10-14RAY MICHAEL CHARLESSell120$915.50109.86K
2026-10-14RAY MICHAEL CHARLESSell80$916.3873.31K
2026-10-14RAY MICHAEL CHARLESSell200$917.92183.58K
2026-10-14RAY MICHAEL CHARLESSell200$919.36183.87K
2026-10-14RAY MICHAEL CHARLESSell200$920.62184.12K
2026-10-14RAY MICHAEL CHARLESSell480$921.65442.39K
2026-10-14RAY MICHAEL CHARLESSell400$922.63369.05K
2026-10-14RAY MICHAEL CHARLESSell320$923.69295.58K
2026-10-14RAY MICHAEL CHARLESSell160$924.53147.92K
2026-10-14RAY MICHAEL CHARLESSell200$926.15185.23K
2026-10-14RAY MICHAEL CHARLESSell200$927.17185.43K
2026-10-14RAY MICHAEL CHARLESSell240$928.31222.79K
2026-10-14RAY MICHAEL CHARLESSell240$929.96223.19K
2026-10-14RAY MICHAEL CHARLESSell120$930.97111.72K
2026-10-14RAY MICHAEL CHARLESSell40$932.0437.28K
2026-10-14RAY MICHAEL CHARLESSell160$934.05149.45K
2026-10-14RAY MICHAEL CHARLESSell160$934.95149.59K
2026-10-14RAY MICHAEL CHARLESSell200$936.14187.23K
2026-10-14RAY MICHAEL CHARLESSell280$937.64262.54K
2026-10-14RAY MICHAEL CHARLESSell160$938.73150.20K
2026-10-14RAY MICHAEL CHARLESSell560$939.78526.28K
2026-10-14RAY MICHAEL CHARLESSell200$941.00188.20K
2026-10-14RAY MICHAEL CHARLESSell320$942.58301.63K
2026-10-14RAY MICHAEL CHARLESSell240$943.81226.51K
2026-10-14RAY MICHAEL CHARLESSell200$944.98189.00K
2026-10-14RAY MICHAEL CHARLESSell120$945.91113.51K
2026-10-13MEHROTRA SANJAYBuy70.22K——
2026-10-13MEHROTRA SANJAYBuy82.72K——
2026-10-13MEHROTRA SANJAYSell34.44K$989.0434.06M
2026-10-13MEHROTRA SANJAYBuy82.72K——
2026-10-13MEHROTRA SANJAYSell40.58K$989.0440.13M
2026-10-13MEHROTRA SANJAYBuy21.23K——
2026-10-13MEHROTRA SANJAYSell47.14K$989.0446.63M
2026-10-13MEHROTRA SANJAYSell20.21K$989.0419.99M
2026-10-13MEHROTRA SANJAYSell14.08K$989.0413.93M
2026-10-13MEHROTRA SANJAYSell9.81K$989.049.70M
2026-10-13MEHROTRA SANJAYBuy99.79K——
2026-10-13MEHROTRA SANJAYBuy89.81K——
2026-10-13MEHROTRA SANJAYSell70.22K——
2026-10-13RAY MICHAEL CHARLESBuy4.30K——
2026-10-13RAY MICHAEL CHARLESSell5.95K$989.045.89M
2026-10-13RAY MICHAEL CHARLESSell3.04K$989.043.00M
2026-10-13RAY MICHAEL CHARLESBuy18.16K——
2026-10-13RAY MICHAEL CHARLESBuy16.34K——
2026-10-13Murphy Mark J.Buy19.33K——
2026-10-13Murphy Mark J.Sell8.52K$989.048.42M
2026-10-13Murphy Mark J.Buy22.77K——
2026-10-13Murphy Mark J.Sell10.03K$989.049.92M
2026-10-13Murphy Mark J.Buy22.77K——
2026-10-13Murphy Mark J.Buy7.08K——
2026-10-13Murphy Mark J.Sell11.82K$989.0411.70M
2026-10-13Murphy Mark J.Sell9.32K$989.049.22M
2026-10-13Murphy Mark J.Sell6.44K$989.046.37M
2026-10-13Murphy Mark J.Sell4.21K$989.044.17M
2026-10-13Murphy Mark J.Buy27.24K——
2026-10-13Murphy Mark J.Buy24.52K——
2026-10-13Murphy Mark J.Sell19.33K——
2026-10-13BHATIA MANISH HBuy20.47K——
2026-10-13BHATIA MANISH HBuy24.11K——
2026-10-13BHATIA MANISH HSell10.04K$989.049.93M
2026-10-13BHATIA MANISH HBuy24.11K——
2026-10-13BHATIA MANISH HBuy10.11K——
2026-10-13BHATIA MANISH HSell11.83K$989.0411.70M
2026-10-13BHATIA MANISH HSell10.83K$989.0410.71M
2026-10-13BHATIA MANISH HSell13.72K$989.0413.57M
2026-10-13BHATIA MANISH HSell7.54K$989.047.45M
2026-10-13BHATIA MANISH HSell5.14K$989.045.08M
2026-10-13BHATIA MANISH HBuy28.75K——
2026-10-13BHATIA MANISH HBuy25.88K——
2026-10-13BHATIA MANISH HSell20.47K——
2026-10-13Deboer Scott JBuy16.49K——
2026-10-13Deboer Scott JSell7.06K$989.046.98M
2026-10-13Deboer Scott JBuy19.42K——
2026-10-13Deboer Scott JSell8.32K$989.048.23M
2026-10-13Deboer Scott JBuy19.42K——
2026-10-13Deboer Scott JBuy9.10K——
2026-10-13Deboer Scott JSell7.74K$989.047.65M
2026-10-13Deboer Scott JSell9.96K$989.049.85M
2026-10-13Deboer Scott JSell5.74K$989.045.68M
2026-10-13Deboer Scott JSell3.79K$989.043.75M
2026-10-13Deboer Scott JBuy24.97K——
2026-10-13Deboer Scott JBuy22.47K——
2026-10-13Deboer Scott JSell16.49K——
2026-10-13ARNZEN APRIL SBuy11.37K——
2026-10-13ARNZEN APRIL SSell4.87K$989.044.82M
2026-10-13ARNZEN APRIL SBuy13.40K——
2026-10-13ARNZEN APRIL SSell1.01K——
2026-10-13ARNZEN APRIL SSell5.74K$989.045.67M
2026-10-13ARNZEN APRIL SBuy13.40K——
2026-10-13ARNZEN APRIL SBuy3.94K——
2026-10-13ARNZEN APRIL SSell6.79K$989.046.72M
2026-10-13ARNZEN APRIL SSell5.33K$989.045.28M
2026-10-13ARNZEN APRIL SSell3.69K$989.043.65M

Institutional holders

Latest filed quarter: Q2 2026.

Institutions holding: 4.17K, holders +956 vs prior quarter. Ownership 78.51%.

HolderSharesChangeChange %Value
BLACKROCK, INC.104.83M1.68M+1.63%121.00B
VANGUARD CAPITAL MANAGEMENT LLC73.66M522.26K+0.71%85.02B
STATE STREET CORP50.08M-2.16M-4.14%57.80B
JANE STREET GROUP, LLC36.42M34.64M+1948.72%42.04B
INVESCO LTD.36.32M12.69M+53.74%41.92B
SUSQUEHANNA INTERNATIONAL GROUP, LLP32.38M28.75M+792.87%37.37B
CAPITAL WORLD INVESTORS29.47M-12.58M-29.92%34.02B
SUSQUEHANNA INTERNATIONAL GROUP, LLP28.93M25.31M+697.86%33.40B
GEODE CAPITAL MANAGEMENT, LLC27.71M273.04K+1.00%31.88B
FMR LLC26.72M-5.34M-16.65%30.84B
JPMORGAN CHASE & CO25.84M10.06M+63.78%29.59B
VANGUARD PORTFOLIO MANAGEMENT LLC24.66M1.64M+7.11%28.47B
CITADEL ADVISORS LLC19.28M14.68M+319.36%22.25B
PRIMECAP MANAGEMENT CO/CA/19.22M-2.66M-12.15%22.18B
MORGAN STANLEY18.47M1.63M+9.67%21.32B
GOLDMAN SACHS GROUP INC18.09M14.85M+458.19%20.88B
NOMURA HOLDINGS INC17.14M11.44M+200.64%19.78B
JANE STREET GROUP, LLC16.38M14.61M+821.57%18.91B
NORGES BANK15.18M15.18MNew17.52B
PRICE T ROWE ASSOCIATES INC /MD/14.17M8.83M+165.35%16.35B
CITADEL ADVISORS LLC14.16M9.56M+207.98%16.34B
NORTHERN TRUST CORP10.81M408.87K+3.93%12.48B
GOLDMAN SACHS GROUP INC10.59M7.35M+226.76%12.22B
CAPITAL INTERNATIONAL INVESTORS10.38M1.45M+16.26%11.98B
BANK OF AMERICA CORP /DE/10.17M2.14M+26.58%11.74B

Insights

Revenue by product
PeriodValue
FY2011DRAM Products: 3620000000.0, NAND Products: 3193000000.0
FY2012All Other Segments: 452000000.0, D S G: 2691000000.0, E S G: 1054000000.0, N S G: 2853000000.0, W S G: 1184000000.0
FY2013D S G: 3519000000.0, E S G: 1194000000.0, N S G: 2841000000.0, W S G: 1221000000.0
FY2014CNBU: 7333000000.0, EBU: 1774000000.0, MBU: 3627000000.0, SBU: 3480000000.0
FY2015CNBU: 6725000000.0, EBU: 1999000000.0, MBU: 3692000000.0, SBU: 3687000000.0
FY2016CNBU: 4529000000.0, EBU: 1939000000.0, MBU: 2569000000.0, SBU: 3262000000.0
FY2017CNBU: 8624000000.0, EBU: 2695000000.0, MBU: 4424000000.0, SBU: 4514000000.0
FY2018CNBU: 15252000000.0, EBU: 3479000000.0, MBU: 6579000000.0, SBU: 5022000000.0
FY2019CNBU: 9968000000.0, EBU: 3137000000.0, MBU: 6403000000.0, SBU: 3826000000.0
FY2020CNBU: 9184000000.0, EBU: 2759000000.0, MBU: 5702000000.0, SBU: 3765000000.0
FY2021CNBU: 12280000000.0, EBU: 4209000000.0, MBU: 7203000000.0, SBU: 3973000000.0
FY2022All Other: 17000000.0, CNBU: 13693000000.0, EBU: 5235000000.0, MBU: 7260000000.0, SBU: 4553000000.0
FY2023All Other: 10000000.0, CNBU: 5710000000.0, EBU: 3637000000.0, MBU: 3630000000.0, SBU: 2553000000.0
FY2024All Other: 38000000.0, CNBU: 9513000000.0, EBU: 4614000000.0, MBU: 6354000000.0, SBU: 4592000000.0
FY2025AEBU: 4753000000.0, All Other: 13000000.0, CDBU: 7229000000.0, CMBU: 13524000000.0, MCBU: 11859000000.0
FY2026AEBU: 15886000000.0, All Other: 24000000.0, CDBU: 37592000000.0, CMBU: 43085000000.0, MCBU: 36601000000.0
Revenue by region
PeriodValue
FY2011UNITED STATES: 1363000000.0
FY2012CHINA: 2936000000.0, Europe: 827000000.0, MALAYSIA: 546000000.0, Other Asia Pacific: 1241000000.0, Other Foreign Countries: 400000000.0, TAIWAN, PROVINCE OF CHINA: 1022000000.0, UNITED STATES: 1262000000.0
FY2013CHINA: 3783000000.0, Europe: 820000000.0, MALAYSIA: 193000000.0, Other Asia Pacific: 1342000000.0, Other Foreign Countries: 443000000.0, TAIWAN, PROVINCE OF CHINA: 980000000.0, UNITED STATES: 1512000000.0
FY2014CHINA: 6715000000.0, Europe: 1252000000.0, JAPAN: 1253000000.0, Other Asia Pacific: 1791000000.0, Other Foreign Countries: 483000000.0, TAIWAN, PROVINCE OF CHINA: 2313000000.0, UNITED STATES: 2551000000.0
FY2015CHINA: 6658000000.0, Europe: 1248000000.0, JAPAN: 1026000000.0, Other Asia Pacific: 2037000000.0, Other Foreign Countries: 417000000.0, TAIWAN, PROVINCE OF CHINA: 2241000000.0, UNITED STATES: 2565000000.0
FY2016CHINA: 5301000000.0, Europe: 937000000.0, JAPAN: 831000000.0, Other Asia Pacific: 1610000000.0, Other Foreign Countries: 274000000.0, TAIWAN, PROVINCE OF CHINA: 1521000000.0, UNITED STATES: 1925000000.0
FY2017CHINA: 10388000000.0, Europe: 1360000000.0, JAPAN: 1025000000.0, Other Asia Pacific: 1808000000.0, Other Foreign Countries: 434000000.0, TAIWAN, PROVINCE OF CHINA: 2544000000.0, UNITED STATES: 2763000000.0
FY2018CHINA: 17357000000.0, Europe: 2128000000.0, JAPAN: 1254000000.0, Other Asia Pacific: 2559000000.0, Other Foreign Countries: 671000000.0, TAIWAN, PROVINCE OF CHINA: 2798000000.0, UNITED STATES: 3624000000.0
FY2019CHINA: 3595000000.0, HONG KONG: 1614000000.0, JAPAN: 958000000.0, Other Asia Pacific: 1032000000.0, Other Foreign Countries: 1053000000.0, TAIWAN, PROVINCE OF CHINA: 2703000000.0, UNITED STATES: 12451000000.0
FY2020CHINA: 2337000000.0, HONG KONG: 1792000000.0, JAPAN: 1387000000.0, Other Asia Pacific: 1157000000.0, Other Foreign Countries: 724000000.0, TAIWAN, PROVINCE OF CHINA: 3657000000.0, UNITED STATES: 10381000000.0
FY2021CHINA: 2456000000.0, HONG KONG: 2582000000.0, JAPAN: 1652000000.0, Other Asia Pacific: 1420000000.0, Other Foreign Countries: 834000000.0, TAIWAN, PROVINCE OF CHINA: 6606000000.0, UNITED STATES: 12155000000.0
FY2022CHINA: 3311000000.0, HONG KONG: 1665000000.0, JAPAN: 1696000000.0, Other Asia Pacific: 1223000000.0, Other Foreign Countries: 652000000.0, TAIWAN, PROVINCE OF CHINA: 6185000000.0, UNITED STATES: 16026000000.0
FY2023CHINA: 2181000000.0, Europe: 682000000.0, HONG KONG: 340000000.0, JAPAN: 987000000.0, Other Asia Pacific: 752000000.0, Other Foreign Countries: 96000000.0, TAIWAN, PROVINCE OF CHINA: 2697000000.0, UNITED STATES: 7805000000.0
FY2024CHINA: 3045000000.0, Europe: 818000000.0, HONG KONG: 1071000000.0, JAPAN: 840000000.0, Other Asia Pacific: 1330000000.0, Other Foreign Countries: 131000000.0, TAIWAN, PROVINCE OF CHINA: 4708000000.0, UNITED STATES: 13168000000.0
FY2025CHINA: 2639000000.0, Europe: 625000000.0, HONG KONG: 1138000000.0, JAPAN: 895000000.0, Other Asia Pacific: 1913000000.0, Other Foreign Countries: 383000000.0, TAIWAN, PROVINCE OF CHINA: 5672000000.0, UNITED STATES: 24113000000.0
FY2026CHINA: 8338000000.0, Europe: 1716000000.0, HONG KONG: 6289000000.0, JAPAN: 2066000000.0, Other Asia Pacific: 5777000000.0, Other Foreign Countries: 729000000.0, TAIWAN, PROVINCE OF CHINA: 16950000000.0, UNITED STATES: 91323000000.0

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Micron Technology (MU) Stock Insights

MU$967.13+38.37 +4.13%

$1.09T

Market Cap

12.00

P/E

5.52

Forward P/E

88

Score

Price History