Market Summary
USD61.16-0.18
Market Closed-0.29%
MU Alerts
MU Stock Price
MU RSI Chart
MU Valuation
MU Price/Sales (Trailing)
MU Profitability
MU Fundamentals
MU Revenue
MU Earnings
Price Action
52 Week Range
48.4385.95
(Low)(High)
Last 7 days
8.1%
Last 30 days
7.3%
Last 90 days
21.8%
Trailing 12 Months
-21.5%
MU Financial Health
MU Investor Care
Peers (Alternatives to Micron Tech)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
NVDA | 660.4B | 27.0B | 29.03% | -4.80% | 151.18 | 24.48 | 0.22% | -55.21% |
AVGO | 265.3B | 34.4B | 10.41% | 2.40% | 23.08 | 7.71 | 20.74% | 70.65% |
TXN | 163.9B | 20.0B | 5.72% | -0.46% | 18.73 | 8.18 | 9.18% | 12.61% |
AMD | 157.9B | 23.6B | 27.86% | -18.73% | 119.62 | 6.69 | 43.61% | -58.25% |
INTC | 121.5B | 63.1B | 15.27% | -41.31% | 15.16 | 1.93 | -20.21% | -59.66% |
FSLR | 22.5B | 2.6B | 29.03% | 165.43% | -509.56 | 8.59 | -10.40% | -109.42% |
LSCC | 12.4B | 660.4M | 10.18% | 42.15% | 69.58 | 18.85 | 28.14% | 86.49% |
| MID-CAP | ||||||||
AMKR | 6.3B | 7.1B | 0.71% | 7.91% | 8.21 | 0.89 | 15.53% | 19.10% |
POWI | 4.7B | 651.1M | 2.26% | -14.49% | 27.78 | 7.29 | -7.41% | 3.92% |
| SMALL-CAP | ||||||||
ICHR | 873.4M | 1.3B | -7.86% | -17.34% | 12 | 0.68 | 16.70% | 2.69% |
SGH | 786.5M | 1.8B | -3.86% | -39.94% | 15.11 | 0.43 | 8.07% | 32.37% |
AOSL | 713.1M | 794.4M | -3.22% | -60.64% | 9.01 | 0.9 | 9.29% | -82.10% |
CEVA | 673.0M | 134.6M | -8.75% | -28.31% | -29.03 | 5 | 9.73% | -5954.29% |
MX | 399.2M | 337.7M | -4.71% | -47.85% | -49.68 | 1.18 | -28.80% | -114.17% |
Financials for Micron Tech
| Income Statement (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Revenue | -11.7% | 27,156 | 30,758 | 32,389 | 31,169 | 29,619 |
| Gross Profit | -19.2% | 11,226 | 13,898 | 15,188 | 14,279 | 12,252 |
| S&GA Expenses | -0.8% | 1,058 | 1,066 | 1,022 | 988 | 939 |
| R&D Expenses | 4.4% | 3,253 | 3,116 | 2,982 | 2,879 | 2,728 |
| EBITDA | -14.5% | 14,435 | 16,876 | 18,000 | - | - |
| EBITDA Margin | -3.1% | 0.53* | 0.55* | 0.56* | - | - |
| Earnings Before Taxes | -28.2% | 6,874 | 9,571 | 10,954 | 9,772 | 7,898 |
| EBT Margin | -18.7% | 0.25* | 0.31* | 0.34* | - | - |
| Interest Expenses | 3.2% | 195 | 189 | 191 | 193 | 180 |
| Net Income | -28.8% | 6,186 | 8,687 | 9,915 | 9,024 | 7,364 |
| Net Income Margin | -19.3% | 0.23* | 0.28* | 0.31* | - | - |
| Free Cahsflow | -70.0% | 935 | 3,114 | 4,819 | - | - |
| Balance Sheet | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Assets | 2.4% | 67,874 | 66,283 | 65,296 | 63,696 | 61,246 |
| Current Assets | 5.2% | 22,921 | 21,781 | 22,708 | 21,502 | 20,191 |
| Cash Equivalents | 15.9% | 9,574 | 8,262 | 9,157 | 9,116 | 8,763 |
| Inventory | 25.5% | 8,359 | 6,663 | 5,629 | 5,383 | 4,827 |
| Goodwill | 0% | 1,228 | 1,228 | 1,228 | 1,228 | 1,228 |
| Liabilities | 13.4% | 18,568 | 16,376 | 16,015 | 15,851 | 15,338 |
| Current Liabilities | -13.5% | 6,525 | 7,539 | 7,009 | 6,918 | 6,512 |
| Long Term Debt | 48.4% | 10,094 | 6,803 | 6,856 | 6,953 | 6,904 |
| Shareholder's Equity | -1.2% | 49,306 | 49,907 | 49,281 | 47,845 | 45,908 |
| Retained Earnings | -0.8% | 46,873 | 47,274 | 45,916 | 43,407 | 41,267 |
| Additional Paid-In Capital | 1.4% | 10,335 | 10,197 | 9,950 | 9,816 | 9,564 |
| Shares Outstanding | -0.3% | 1,091 | 1,094 | 1,105 | 1,118 | 1,119 |
| Cashflow (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Cashflow From Operations | -19.7% | 12,186 | 15,181 | 15,288 | 15,010 | 14,439 |
| Share Based Compensation | 5.4% | 542 | 514 | 471 | 436 | 404 |
| Cashflow From Investing | 1.9% | -11,366 | -11,585 | -10,295 | -9,791 | -9,656 |
| Cashflow From Financing | 105.5% | 165 | -2,980 | -3,484 | -2,551 | -2,080 |
| Dividend Payments | 3.0% | 475 | 461 | 335 | 224 | 112 |
| Buy Backs | -49.6% | 1,225 | 2,432 | 1,325 | 1,327 | 1,336 |
Risks for MU
What is the probability of a big loss on MU?
97.7%
Probability that Micron Tech stock will be more than 20% underwater in next one year
54.6%
Probability that Micron Tech stock will be more than 30% underwater in next one year.
30.8%
Probability that Micron Tech stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does MU drawdown profile look like?
Y-axis is the maximum loss one would have experienced if Micron Tech was unfortunately bought at previous high price.
Drawdowns
Returns for MU
Cumulative Returns on MU
20.0%
10-Year Cumulative Returns
28.7%
7-Year Cumulative Returns
2.6%
5-Year Cumulative Returns
12.4%
3-Year Cumulative Returns
What are the long-term rolling returns for MU?
FIve years rolling returns for Micron Tech.
Annualized Returns
Which funds bought or sold MU recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-03-15 | B. Riley Wealth Advisors, Inc. | reduced | -9.67 | -182,493 | 1,696,510 | 0.05% |
2023-03-10 | MATHER GROUP, LLC. | sold off | -100 | -205,000 | - | -% |
2023-03-10 | VICTORY CAPITAL MANAGEMENT INC | reduced | -2.74 | -1,448,200 | 47,230,800 | 0.05% |
2023-03-07 | Great Lakes Retirement, Inc. | new | - | 4,096,510 | 4,096,510 | 1.05% |
2023-03-06 | Rockefeller Capital Management L.P. | reduced | -12.87 | -7,098,000 | 47,162,000 | 0.24% |
2023-03-02 | LORING WOLCOTT & COOLIDGE FIDUCIARY ADVISORS LLP/MA | new | - | 3,349 | 3,349 | -% |
2023-03-02 | OLIVER LAGORE VANVALIN INVESTMENT GROUP | reduced | -10.53 | -601 | 3,399 | -% |
2023-02-28 | Voya Investment Management LLC | added | 0.15 | -595,417,000 | 268,609,000 | 0.38% |
2023-02-27 | Parallax Volatility Advisers, L.P. | unchanged | - | -255 | 12,745 | -% |
2023-02-27 | HARVEY CAPITAL MANAGEMENT INC | reduced | -35.43 | -719,271 | 1,302,730 | 0.55% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
MU Alerts
Micron Tech News
Schedule 13G FIlings of Micron Tech
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| 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 | |
| Feb 05, 2021 | blackrock inc. | 7.5% | 84,264,547 | SC 13G/A | |
| Feb 12, 2020 | primecap management co/ca/ | 5.03% | 55,877,289 | SC 13G/A | |
| Feb 12, 2020 | vanguard group inc | 7.89% | 87,715,923 | SC 13G/A |
MU Fair Value
Micron Tech fair value in different scenarios
The table shows the Fair Value estimates for Micron Tech for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
| Fair Value | Very Pessimistic | Pessimistic | Base Case | Optimistic | Very Optimistic |
|---|---|---|---|---|---|
| Very Low Inflation | 54.06 -11.61% | 77.55 26.80% | 125.55 105.28% | 183.26 199.64% | 235.06 284.34% |
| Current Inflation | 51.18 -16.32% | 71.78 17.36% | 112.82 84.47% | 161.90 164.72% | 205.67 236.28% |
| Very High Inflation | 47.55 -22.25% | 64.71 5.80% | 97.71 59.76% | 136.95 123.92% | 171.62 180.61% |
Historical Micron Tech Fair Value Estimates
Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price
Recent SEC filings of Micron Tech
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| Mar 24, 2023 | 4 | Insider Trading | |
| Mar 16, 2023 | 4 | Insider Trading | |
| Mar 14, 2023 | 4 | Insider Trading | |
| Feb 13, 2023 | SC 13G | Major Ownership Report | |
| Feb 09, 2023 | 8-K | Current Report | |
| Feb 09, 2023 | 8-K | Current Report | |
| Feb 09, 2023 | SC 13G/A | Major Ownership Report | |
| Feb 08, 2023 | 424B5 | Prospectus Filed | |
| Feb 07, 2023 | FWP | Prospectus Filed | |
| Feb 06, 2023 | 424B5 | Prospectus Filed |
Latest Insider Trading transactions for MU
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-03-15 | Beard Robert P | acquired | - | - | 581 | svp, general counsel&secretary |
2023-03-15 | Beard Robert P | sold (taxes) | -9,551 | 54.27 | -176 | svp, general counsel&secretary |
2023-03-13 | Deboer Scott J | sold | -1,068,000 | 53.4 | -20,000 | evp, technology & products |
2023-01-30 | ARNZEN APRIL S | sold | -1,485,840 | 61.91 | -24,000 | svp, chief people officer |
2023-01-27 | BHATIA MANISH H | sold | -3,164,500 | 63.29 | -50,000 | evp, global operations |
2023-01-26 | Deboer Scott J | sold | -1,244,600 | 62.23 | -20,000 | evp, technology & products |
2023-01-23 | Beard Robert P | sold | -183,750 | 61.25 | -3,000 | svp, general counsel&secretary |
2023-01-19 | ALLEN SCOTT R. | sold (taxes) | -21,586 | 56.51 | -382 | cvp, chief accounting officer |
2023-01-19 | ALLEN SCOTT R. | acquired | - | - | 1,077 | cvp, chief accounting officer |
2023-01-04 | Beard Robert P | sold (taxes) | -53,795 | 50.37 | -1,068 | svp, general counsel&secretary |
Micron Technology, Inc. designs, manufactures, and sells memory and storage products worldwide. The company operates through four segments: Compute and Networking Business Unit, Mobile Business Unit, Storage Business Unit, and Embedded 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, and networking 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; other 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.
MU Income Statement
2022-12-01CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Millions, $ in Millions | 3 Months Ended | |
|---|---|---|
Dec. 01, 2022 | Dec. 02, 2021 | |
| Income Statement [Abstract] | ||
| Revenue | $ 4,085 | $ 7,687 |
| Cost of goods sold | 3,192 | 4,122 |
| Gross margin | 893 | 3,565 |
| Research and development | 849 | 712 |
| Selling, general, and administrative | 251 | 259 |
| Restructure and asset impairments | 13 | 38 |
| Other operating (income) expense, net | (11) | (75) |
| Operating income (loss) | (209) | 2,631 |
| Interest income | 88 | 10 |
| Interest expense | (51) | (45) |
| Other non-operating income (expense), net | (4) | (75) |
| Income (loss) before income taxes, net income (loss) attributable to noncontrolling interests, and equity in net income (loss) of equity method investees | (176) | 2,521 |
| Income tax (provision) benefit | (8) | (219) |
| Equity in net income (loss) of equity method investees | (11) | 4 |
| Net income (loss) | $ (195) | $ 2,306 |
| Earnings (loss) per share | ||
| Basic (in dollars per share) | $ (0.18) | $ 2.06 |
| Diluted (in dollars per share) | $ (0.18) | $ 2.04 |
| Number of shares used in per share calculations | ||
| Basic (in shares) | 1,090 | 1,119 |
| Diluted (in shares) | 1,090 | 1,130 |
MU Balance Sheet
2022-12-01CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions | Dec. 01, 2022 | Sep. 01, 2022 | ||
|---|---|---|---|---|
| Assets | ||||
| Cash and equivalents | $ 9,574 | $ 8,262 | ||
| Short-term investments | 1,007 | 1,069 | ||
| Receivables | 3,318 | 5,130 | ||
| Inventories | 8,359 | 6,663 | ||
| Other current assets | 663 | 657 | ||
| Total current assets | 22,921 | 21,781 | ||
| Long-term marketable investments | [1] | 1,426 | 1,647 | |
| Property, plant, and equipment | 39,335 | 38,549 | ||
| Operating lease right-of-use assets | 693 | 678 | ||
| Intangible assets | 428 | 421 | ||
| Deferred tax assets | 672 | 702 | ||
| Goodwill | 1,228 | 1,228 | ||
| Other noncurrent assets | 1,171 | 1,277 | ||
| Total assets | 67,874 | 66,283 | ||
| Liabilities and equity | ||||
| Accounts payable and accrued expenses | 5,438 | 6,090 | ||
| Current debt | 171 | 103 | ||
| Other current liabilities | 916 | 1,346 | ||
| Total current liabilities | 6,525 | 7,539 | ||
| Long-term debt | 10,094 | 6,803 | ||
| Noncurrent operating lease liabilities | 625 | 610 | ||
| Noncurrent unearned government incentives | 516 | 589 | ||
| Other noncurrent liabilities | 808 | 835 | ||
| Total liabilities | 18,568 | 16,376 | ||
| Commitments and contingencies | ||||
| Shareholders’ equity | ||||
| Common stock, $0.10 par value, 3,000 shares authorized, 1,232 shares issued and 1,091 outstanding (1,226 shares issued and 1,094 outstanding as of September 1, 2022) | 123 | 123 | ||
| Additional capital | 10,335 | 10,197 | ||
| Retained earnings | 46,873 | 47,274 | ||
| Treasury stock, 141 shares held (132 shares as of September 1, 2022) | (7,552) | (7,127) | ||
| Accumulated other comprehensive income (loss) | (473) | (560) | ||
| Total equity | 49,306 | 49,907 | ||
| Total liabilities and equity | $ 67,874 | $ 66,283 | ||
| ||||