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MU

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

121.74USD+0.37 (+0.30%)Delayed

Market Summary

MU
USD121.74+0.37
Delayed
0.30%

MU Alerts

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

MU Stock Price

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MU RSI Chart

MU Valuation

Market Cap

134.8B

Price/Earnings (Trailing)

-35.78

Price/Sales (Trailing)

7.36

EV/EBITDA

34.49

Price/Free Cashflow

-40.73

MU Price/Sales (Trailing)

MU Profitability

EBT Margin

-22.91%

Return on Equity

-8.59%

Return on Assets

-5.73%

Free Cashflow Yield

-2.46%

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

-0.7%

Last 30 days

30.6%

Last 90 days

46.2%

Trailing 12 Months

94.7%

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

0.38%

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
Apr 09, 2024
mehrotra sanjay
sold
-858,171
122
-7,000
ceo and president
Apr 09, 2024
mehrotra sanjay
acquired
197,400
28.2
7,000
ceo and president
Apr 04, 2024
mehrotra sanjay
sold
-5,850,000
130
-45,000
ceo and president
Apr 04, 2024
mehrotra sanjay
acquired
846,000
28.2
30,000
ceo and president
Apr 02, 2024
mehrotra sanjay
sold
-854,665
122
-7,000
ceo and president
Apr 02, 2024
mehrotra sanjay
acquired
197,400
28.2
7,000
ceo and president
Mar 27, 2024
arnzen april s
sold
-583,377
119
-4,890
evp, chief people officer
Mar 26, 2024
mehrotra sanjay
acquired
197,400
28.2
7,000
ceo and president
Mar 26, 2024
mehrotra sanjay
sold
-839,313
119
-7,000
ceo and president
Mar 25, 2024
mehrotra sanjay
acquired
846,000
28.2
30,000
ceo and president

1–10 of 50

Which funds bought or sold MU recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 15, 2024
KINGSWOOD WEALTH ADVISORS, LLC
reduced
-13.07
271,006
1,619,510
0.19%
Apr 15, 2024
STONEBRIDGE CAPITAL MANAGEMENT INC
reduced
-6.81
169,000
758,000
0.34%
Apr 15, 2024
RICHELIEU GESTION SA
reduced
-64.17
-2,297,000
2,252,000
2.31%
Apr 15, 2024
CIC Wealth, LLC
added
5.27
118,388
379,016
0.11%
Apr 15, 2024
PFS Partners, LLC
added
0.09
215,732
779,282
0.52%
Apr 15, 2024
FIRST CITIZENS BANK & TRUST CO
new
-
669,968
669,968
0.01%
Apr 15, 2024
Sound Income Strategies, LLC
added
40.29
77,471
160,041
0.01%
Apr 15, 2024
CX Institutional
added
6.17
251,084
789,118
0.04%
Apr 15, 2024
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC
added
13.64
3,272,780
9,016,160
0.02%
Apr 15, 2024
Sovereign Financial Group, Inc.
added
126
470,414
691,189
0.18%

1–10 of 48

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
Apr 11, 2024
4
Insider Trading
Apr 11, 2024
8-K
Current Report
Apr 04, 2024
144
Notice of Insider Sale Intent
Apr 04, 2024
4
Insider Trading
Apr 02, 2024
144
Notice of Insider Sale Intent
Mar 29, 2024
4
Insider Trading
Mar 27, 2024
144
Notice of Insider Sale Intent
Mar 27, 2024
4
Insider Trading
Mar 25, 2024
144
Notice of Insider Sale Intent
Mar 21, 2024
4
Insider Trading

Peers (Alternatives to Micron Technology Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
2.2T
60.9B
-0.48% 223.73%
73.43
35.87
125.85% 581.31%
264.1B
22.7B
-14.46% 81.86%
309.23
11.64
-3.90% -35.30%
174.0B
26.5B
5.42% 87.33%
24.31
6.57
0.88% 10.98%
153.1B
54.2B
-15.06% 12.69%
90.67
2.82
-14.00% -78.92%
94.8B
11.6B
-2.04% 0.87%
33.67
8.2
-8.03% -17.90%
MID-CAP
7.7B
6.5B
-0.13% 28.97%
21.33
1.18
-8.30% -53.02%
4.6B
1.8B
-3.27% -4.06%
26.28
2.58
-11.16% -46.12%
3.4B
1.1B
-3.10% -18.57%
13.81
3.01
22.89% 34.51%
3.1B
1.7B
3.12% -19.78%
13.83
1.89
-16.94% -31.42%
1.8B
226.5M
-9.46% -35.01%
-10.76
8.05
-32.92% -159.10%
SMALL-CAP
1.7B
557.7M
6.42% 171.40%
22.44
3.11
43.44% 97.00%
604.9M
640.0M
-0.74% -17.86%
-35.27
0.95
-19.44% -128.49%
335.1M
71.9M
-18.50% -60.34%
21.76
4.66
14.14% 8.17%
160.8M
550.0K
-0.98% 10.22%
-8.12
292.34
43.98% -13.47%
68.4M
116.7M
1.90% -46.74%
-3.56
0.59
15.07% -240.88%

Micron Technology Inc News

Latest updates
Zacks Investment Research • 3 hours ago
Yahoo Finance • 26 hours ago
Defense World • 14 Apr 2024 • 07:28 am
MarketWatch • 12 Apr 2024 • 08:39 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--

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 Tue Apr 16 2024, market cap of Micron Technology Inc is 134.77 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 Tue Apr 16 2024, MU's PE ratio (Price to Earnings) is -35.78 and Price to Sales (PS) ratio is 7.36. 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 0.177 (multiply by 100 for percentage) rate of return.