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MU

MU - Micron Technology Inc Stock Price, Fair Value and News

119.35USD+0.14 (+0.12%)Market Closed

Market Summary

MU
USD119.35+0.14
Market Closed
0.12%

MU Alerts

  • 3 major insider sales recently.
  • Big jump in Revenue (Y/Y)
  • Big jump in Earnings (Y/Y)

MU Stock Price

View Fullscreen

MU RSI Chart

MU Valuation

Market Cap

132.1B

Price/Earnings (Trailing)

-35.07

Price/Sales (Trailing)

7.21

EV/EBITDA

33.86

Price/Free Cashflow

-39.93

MU Price/Sales (Trailing)

MU Profitability

EBT Margin

-22.91%

Return on Equity

-8.59%

Return on Assets

-5.73%

Free Cashflow Yield

-2.5%

MU Fundamentals

MU Revenue

Revenue (TTM)

18.3B

Rev. Growth (Yr)

57.7%

Rev. Growth (Qtr)

23.23%

MU Earnings

Earnings (TTM)

-3.8B

Earnings Growth (Yr)

134.3%

Earnings Growth (Qtr)

164.26%

Breaking Down MU Revenue

Last 7 days

8.8%

Last 30 days

-2.9%

Last 90 days

40.6%

Trailing 12 Months

95.9%

How does MU drawdown profile look like?

MU Financial Health

Current Ratio

3.74

Debt/Equity

0.3

Debt/Cashflow

0.22

MU Investor Care

Dividend Yield

0.39%

Dividend/Share (TTM)

0.46

Shares Dilution (1Y)

1.47%

Diluted EPS (TTM)

-3.45

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
202418.3B000
202323.1B18.2B15.5B16.2B
202231.2B32.4B30.8B27.2B
202123.5B25.5B27.7B29.6B
202022.2B21.8B21.4B22.1B
201930.0B27.0B23.4B23.0B
201825.9B28.1B30.4B31.5B
201714.7B17.4B20.3B23.2B
201613.7B12.8B12.4B13.0B
201516.9B16.8B16.2B15.0B
201413.3B15.0B16.4B16.9B
20138.0B8.2B9.1B11.3B
20128.4B8.4B8.2B8.0B
20119.3B9.1B8.8B8.6B
20106.6B7.6B8.5B9.0B
2009004.8B5.7B
20080000
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Tracking the Latest Insider Buys and Sells of Micron Technology Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
May 01, 2024
deboer scott j
sold
-4,412,400
110
-40,000
evp, technology & products
Apr 30, 2024
mehrotra sanjay
acquired
197,400
28.2
7,000
ceo and president
Apr 30, 2024
bokan michael w
sold
-1,733,250
115
-15,000
svp, worldwide sales
Apr 30, 2024
mehrotra sanjay
sold
-804,104
114
-7,000
ceo and president
Apr 23, 2024
mehrotra sanjay
acquired
197,400
28.2
7,000
ceo and president
Apr 23, 2024
mehrotra sanjay
sold
-783,540
111
-7,000
ceo and president
Apr 19, 2024
allen scott r.
sold (taxes)
-15,334
111
-137
cvp, chief accounting officer
Apr 19, 2024
allen scott r.
acquired
-
-
269
cvp, chief accounting officer
Apr 18, 2024
murphy mark j.
sold (taxes)
-1,549,050
116
-13,316
evp & chief financial officer
Apr 16, 2024
mehrotra sanjay
sold
-844,920
120
-7,000
ceo and president

1–10 of 50

Which funds bought or sold MU recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 07, 2024
Sanctuary Wealth Management, L.L.C.
unchanged
-
8,980
32,505
0.03%
May 07, 2024
CIM INVESTMENT MANAGEMENT INC
unchanged
-
763,591
2,765,580
0.82%
May 07, 2024
First Heartland Consultants, Inc.
added
16.58
168,000
444,000
0.05%
May 07, 2024
WestEnd Advisors, LLC
added
0.37
7,961,390
28,556,700
0.74%
May 07, 2024
Redwood Wealth Management Group, LLC
reduced
-1.35
158,131
594,048
0.63%
May 07, 2024
Mondrian Investment Partners LTD
reduced
-9.6
18,099,000
90,845,800
1.25%
May 07, 2024
Mitsubishi UFJ Asset Management (UK) Ltd.
reduced
-40.00
-73,000
354,000
0.18%
May 07, 2024
Empirical Financial Services, LLC d.b.a. Empirical Wealth Management
reduced
-26.47
3,536
226,939
0.01%
May 07, 2024
ANTIPODES PARTNERS Ltd
reduced
-39.04
-13,687,000
73,021,000
2.31%
May 07, 2024
AllSquare Wealth Management LLC
reduced
-83.33
-39,415
11,789
0.01%

1–10 of 47

Are Funds Buying or Selling MU?

Are funds buying MU calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own MU
No. of Funds

Unveiling Micron Technology Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
8.60%
94,984,500
SC 13G/A
Feb 13, 2024
blackrock inc.
7.8%
85,904,256
SC 13G/A
Feb 09, 2024
capital research global investors
2.6%
28,770,957
SC 13G/A
Feb 13, 2023
capital research global investors
5.9%
64,749,634
SC 13G
Feb 09, 2023
vanguard group inc
8.39%
91,568,443
SC 13G/A
Feb 03, 2023
blackrock inc.
7.9%
86,062,636
SC 13G/A
Mar 11, 2022
blackrock inc.
7.6%
84,819,452
SC 13G/A
Feb 10, 2022
vanguard group inc
7.99%
89,470,520
SC 13G/A
Feb 08, 2022
blackrock inc.
7.6%
84,819,452
SC 13G
Feb 10, 2021
vanguard group inc
7.85%
87,622,245
SC 13G/A

Recent SEC filings of Micron Technology Inc

View All Filings
Date Filed Form Type Document
May 08, 2024
4
Insider Trading
May 07, 2024
144
Notice of Insider Sale Intent
May 06, 2024
144
Notice of Insider Sale Intent
May 03, 2024
4
Insider Trading
May 02, 2024
4
Insider Trading
May 02, 2024
4
Insider Trading
May 01, 2024
144
Notice of Insider Sale Intent
May 01, 2024
144
Notice of Insider Sale Intent
Apr 30, 2024
144
Notice of Insider Sale Intent
Apr 25, 2024
4
Insider Trading

Peers (Alternatives to Micron Technology Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
2.3T
60.9B
3.65% 216.11%
75.87
37.06
125.85% 581.31%
248.3B
22.8B
-9.57% 61.62%
222.52
10.89
-1.16% 182.53%
172.3B
26.5B
-0.79% 82.18%
24.08
6.51
0.88% 10.98%
127.7B
55.2B
-21.01% -0.33%
31.41
2.31
-2.09% 242.32%
101.6B
11.6B
4.15% 14.05%
36.08
8.78
-8.03% -17.90%
MID-CAP
8.0B
6.4B
3.77% 51.47%
21.44
1.25
-8.17% -41.71%
5.5B
1.8B
11.66% 32.77%
31.37
3.09
-11.16% -46.12%
3.6B
1.1B
6.44% -7.04%
14.49
3.21
16.34% 32.25%
3.4B
1.7B
7.34% -9.83%
15.06
2.06
-16.94% -31.42%
1.9B
226.5M
-4.44% -29.63%
-11.18
8.37
-32.92% -159.10%
SMALL-CAP
1.5B
557.7M
-18.15% 156.84%
19.86
2.75
43.44% 97.00%
761.5M
640.0M
17.44% 14.84%
-44.41
1.19
-19.44% -128.49%
325.3M
71.9M
-3.27% -59.79%
21.12
4.53
14.14% 8.17%
112.9M
550.0K
-30.69% -52.81%
-5.76
205.32
43.98% -6.63%
70.4M
116.7M
1.02% -44.89%
-3.67
0.6
15.07% -240.88%

Micron Technology Inc News

Latest updates
MarketBeat83 minutes ago
Zacks Investment Research12 hours ago
Markets Insider06 May 202406:49 pm

Micron Technology Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q42019Q32019Q2
Revenue23.2%5,8244,7264,0103,7523,6934,0856,6438,6427,7867,6878,2747,4226,2365,7736,0565,4384,7974,8214,8464,8704,788
Gross Profit3182.9%1,079-35.00-435-668-1,2068932,6224,0353,6763,5653,9123,1261,6491,7362,0681,7631,3551,366-1,3951,828
  S&GA Expenses6.5%280263219219231251280264263259236230214214231216223211-212206
  R&D Expenses-1.5%832845719758788849839773792712705670641647630649681640-623606
EBITDA Margin126.8%0.22*0.10*0.16*0.29*0.43*0.53*0.55*0.56*0.53*0.49*0.46*0.42*---------
Interest Expenses9.1%14413212911989.0051.0045.0044.0055.0045.0047.0046.0042.0048.0050.0051.0046.0047.00-39.0029.00
Income Taxes-952.1%-62273.00-24.0013954.008.0056.0035825521923065.0048.0051.0013668.0021.0055.00-71.00-135
Earnings Before Taxes114.7%170-1,155-1,458-1,753-2,271-1761,5532,9882,5092,5212,9361,8066358411,125870427561-655716
EBT Margin44.1%-0.23*-0.41*-0.36*-0.15*0.09*0.25*0.31*0.34*0.31*0.27*0.22*0.17*---------
Net Income164.3%793-1,234-1,430-1,896-2,312-1951,4922,6262,2632,3062,7201,735603803988803405491-561840
Net Income Margin51.6%-0.21*-0.42*-0.38*-0.16*0.07*0.23*0.28*0.31*0.29*0.25*0.21*0.16*---------
Free Cashflow58.2%-165-395-1,212-1,537-1,862-1,5061641,2601,0176731,8691,301---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets3.0%65,71863,77664,25465,68066,52067,87466,28365,29663,69661,24658,84955,94354,13553,69153,67852,00549,64849,64948,88746,28847,487
  Current Assets11.3%23,43521,05821,24421,73421,89822,92121,78122,70821,50220,19119,90718,56117,27916,52917,96517,89915,97616,16716,50315,06616,550
    Cash Equivalents-0.7%8,0168,0758,5779,2989,8879,6428,3399,2619,2248,7637,8297,8266,5746,0527,6908,3207,1717,0957,2795,2346,429
  Inventory2.0%8,4438,2768,3878,2388,1298,3596,6635,6295,3834,8274,4874,5374,7435,5215,3735,4055,2084,9435,1184,9054,390
  Net PPE----------------30,08129,64729,35228,24027,13826,204
  Goodwill0%1,1501,1501,1501,2521,2281,2281,2281,2281,2281,2281,2281,2281,2281,2281,2281,2281,2281,2281,2281,2281,228
Liabilities4.6%21,84820,89120,13420,27519,26318,56816,37616,01515,85115,33814,91613,68413,47213,78414,68214,08712,52713,05112,0199,99911,958
  Current Liabilities5.0%6,2595,9624,7655,1045,2556,5257,5397,0096,9186,5126,4245,4625,4335,6886,6356,1855,8226,3176,3905,3977,361
  Long Term Debt6.2%13,37812,59713,05212,98612,03710,0946,8036,8566,9536,9046,6216,4186,2986,3566,3736,3565,1885,1884,5413,5633,604
Shareholder's Equity2.3%43,87042,88544,12045,40547,25749,30649,90749,28147,84545,90843,93342,25940,66339,90738,99637,82037,02336,50036,77036,19035,430
  Retained Earnings1.6%39,99739,35640,82442,39144,42646,87347,27445,91643,40741,26739,05136,45234,72334,13833,38432,40231,60231,21830,76130,20129,364
  Additional Paid-In Capital3.1%11,56411,21711,03610,78210,63310,33510,1979,9509,8169,5649,4539,2859,2349,0348,9178,7648,7258,4288,2148,2178,143
Shares Outstanding0.3%1,1071,1041,0981,0951,0911,0901,0941,1171,1191,1191,1201,1191,118--------
Minority Interest-------------------889867863
Float-----47,900---83,900---79,900---44,800---36,200
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-13.0%1,2191,40124924.003439433,7773,8383,6283,9383,8843,5603,0571,9672,2712,0232,0012,0112,2332,7113,435
  Share Based Compensation13.3%21318814814515714613613112911893.0096.0097.0092.0089.0082.0085.0072.0067.0058.0057.00
Cashflow From Investing26.1%-1,151-1,558-830-1,180-1,915-2,266-3,824-2,585-2,691-2,485-2,534-2,081-2,556-3,418-2,738-1,952-1,710-1,189-1,100-2,066-2,492
Cashflow From Financing69.9%-106-352-1126611,8022,632-840-1,161-466-513-1,344-2285.00-214-1821,072-215-992892-1,847952
  Dividend Payments-1.6%127129126126126126126111112112-----------
  Buy Backs-80.2%24.0012115513.008.0095.001,5495.0011.001021,0837.0020.0057.0046.003.0021.0034.001,360--
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MU Income Statement

2024-02-29
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended6 Months Ended
Feb. 29, 2024
Mar. 02, 2023
Feb. 29, 2024
Mar. 02, 2023
Income Statement [Abstract]    
Revenue$ 5,824$ 3,693$ 10,550$ 7,778
Cost of goods sold4,7454,8999,5068,091
Gross margin1,079(1,206)1,044(313)
Research and development8327881,6771,637
Selling, general, and administrative280231543482
Restructure and asset impairments086099
Other operating (income) expense, net(224)(8)(239)(19)
Operating income (loss)191(2,303)(937)(2,512)
Interest income130119262207
Interest expense(144)(89)(276)(140)
Other non-operating income (expense), net(7)2(34)(2)
Income (loss) before income taxes and equity in net income (loss) of equity method investees170(2,271)(985)(2,447)
Income tax (provision) benefit622(54)549(62)
Equity in net income (loss) of equity method investees113(5)2
Net income (loss)$ 793$ (2,312)$ (441)$ (2,507)
Earnings (loss) per share    
Basic (in dollars per share)$ 0.72$ (2.12)$ (0.40)$ (2.30)
Diluted (in dollars per share)$ 0.71$ (2.12)$ (0.40)$ (2.30)
Number of shares used in per share calculations    
Basic (in shares)1,1041,0911,1021,091
Diluted (in shares)1,1141,0911,1021,091

MU Balance Sheet

2024-02-29
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Feb. 29, 2024
Aug. 31, 2023
Assets  
Cash and equivalents$ 8,016$ 8,577
Short-term investments9901,017
Receivables4,2962,443
Inventories8,4438,387
Other current assets1,690820
Total current assets23,43521,244
Long-term marketable investments[1]627844
Property, plant, and equipment37,58737,928
Operating lease right-of-use assets642666
Intangible assets414404
Deferred tax assets664756
Goodwill1,1501,150
Other noncurrent assets1,1991,262
Total assets65,71864,254
Liabilities and equity  
Accounts payable and accrued expenses4,6803,958
Current debt344278
Other current liabilities1,235529
Total current liabilities6,2594,765
Long-term debt13,37813,052
Noncurrent operating lease liabilities593603
Noncurrent unearned government incentives662727
Other noncurrent liabilities956987
Total liabilities21,84820,134
Commitments and contingencies
Shareholders’ equity  
Common stock, $0.10 par value, 3,000 shares authorized, 1,248 shares issued and 1,107 outstanding (1,239 shares issued and 1,098 outstanding as of August 31, 2023)125124
Additional capital11,56411,036
Retained earnings39,99740,824
Treasury stock, 141 shares held (141 shares as of August 31, 2023)(7,552)(7,552)
Accumulated other comprehensive income (loss)(264)(312)
Total equity43,87044,120
Total liabilities and equity$ 65,718$ 64,254
[1]The maturities of long-term marketable investments primarily range fromone tofive years, except for asset-backed securities which are not due at a single maturity date.
MU
Micron Technology, Inc. designs, develops, manufactures, and sells memory and storage products worldwide. The company operates through four segments: Compute and Networking Business Unit, Mobile Business Unit, Embedded Business Unit, and Storage 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, which are non-volatile re-writable semiconductor memory devices that provide fast read speeds under the Micron and Crucial brands, as well as through private labels. The company offers memory products for the cloud server, enterprise, client, graphics, networking, industrial, and automotive markets, as well as for smartphone and other mobile-device markets; SSDs and component-level solutions for the enterprise and cloud, client, and consumer storage markets; discrete storage products in component and wafers; and memory and storage products for the automotive, industrial, and consumer markets. It markets its products through its direct sales force, independent sales representatives, distributors, and retailers; and web-based customer direct sales channel, as well as through channel and distribution partners. Micron Technology, Inc. was founded in 1978 and is headquartered in Boise, Idaho.
 CEO
 WEBSITEmicron.com
 INDUSTRYSemiconductors
 EMPLOYEES48000

Micron Technology Inc Frequently Asked Questions


What is the ticker symbol for Micron Technology Inc? What does MU stand for in stocks?

MU is the stock ticker symbol of Micron Technology Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Micron Technology Inc (MU)?

As of Wed May 08 2024, market cap of Micron Technology Inc is 132.12 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of MU stock?

You can check MU's fair value in chart for subscribers.

What is the fair value of MU stock?

You can check MU's fair value in chart for subscribers. The fair value of Micron Technology Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Micron Technology Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for MU so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Micron Technology Inc a good stock to buy?

The fair value guage provides a quick view whether MU is over valued or under valued. Whether Micron Technology Inc is cheap or expensive depends on the assumptions which impact Micron Technology Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for MU.

What is Micron Technology Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed May 08 2024, MU's PE ratio (Price to Earnings) is -35.07 and Price to Sales (PS) ratio is 7.21. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. MU PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Micron Technology Inc's stock?

In the past 10 years, Micron Technology Inc has provided 0.162 (multiply by 100 for percentage) rate of return.