MUNASDAQ— Micron Technology Inc Price & Analysis

Micron Technology Inc

TECHNOLOGY — SEMICONDUCTORS

$932.97

+$22.54+2.48%

Market Cap: $1.09T; Mega Cap
P/E Ratio: 21.83; Fwd: 6.23
EPS (TTM): $41.70
Div. Yield: 0.05%

Technical Summary

RSI (14)50.78Neutral

SMA (50)$961.87Bearish

SMA (200)$577.89Bullish

MACD7.9166Bullish

Bollinger$779.69 – $1,025.10Mid

Stochastic52.47Neutral

Theo Outlook

Micron Technology (MU) presents a bullish thesis with a trailing P/E of 21.83, market capitalization of $1.0919T, TTM revenue of $90.274B, and diluted EPS of $41.7. Quarterly revenue growth of 345.7% and earnings growth of 13.69% underscore strong momentum in memory chip demand, positioning the stock for continued upside amid AI-driven data center expansion. Key catalysts include robust earnings momentum from high-bandwidth memory (HBM) products for AI accelerators, market expansion into automotive and mobile segments, and upcoming product launches in advanced DRAM and NAND technologies. Analyst target price of $1,515 supports further growth as Micron scales production capacity. Risks encompass cyclical semiconductor downturns, intense competition from Samsung and SK Hynix, and macroeconomic headwinds like rising interest rates or trade restrictions. Mitigations involve diversified revenue streams, cost leadership in manufacturing, and strategic partnerships that buffer against sector volatility. Analysis generated by HeyTheo AI based on SEC filings, earnings transcripts, and market data.

Analysis generated by HeyTheo AI on Aug 25, 2026.

Company Overview

Micron Technology, Inc. is an American producer of computer memory and computer data storage including dynamic random-access memory, flash memory, and USB flash drives. It is headquartered in Boise, Idaho.

Fundamental Snapshot

Revenue: $90.27B
EBITDA: $68.22B
Gross Profit: $65.51B
Operating Margin: 80.4%
Profit Margin: 55.9%
ROE: 66.6%
Book Value: $89.22
Beta: 2.21
52-Wk High: $1,254.80
52-Wk Low: $114.07
Avg Volume: 18.82M
PEG Ratio: 0.14

Frequently Asked Questions

What is Micron Technology's business model?

Micron Technology designs and manufactures memory and storage solutions including DRAM, NAND flash, and HBM chips. It generates revenue primarily through sales to data centers, smartphones, PCs, and automotive markets, with TTM revenue of $90.274B and EPS of $41.7.

What are Micron's main revenue sources?

Revenue comes from DRAM (majority), NAND flash memory, and emerging HBM products for AI. TTM revenue reached $90.274B with 345.7% quarterly revenue growth, driven by data center demand and a P/E ratio of 21.83.

What competitive advantages does Micron have?

Micron leads in advanced memory tech like HBM for AI, with strong manufacturing scale and R&D. Its 21.83 trailing P/E and $1.0919T market cap reflect advantages over peers, supported by 13.69% quarterly earnings growth.

What are the key risks for MU stock?

Key risks include semiconductor cycles, competition, and macro factors like interest rates. The stock trades with a 0.05% dividend yield and faces potential volatility around earnings dates, though mitigated by diversified end markets.

What is the growth outlook for Micron?

Growth outlook is strong with AI-driven HBM demand, analyst target of $1,515, and forward P/E of 6.23. Latest quarter ended May 31, 2026, showing robust expansion in revenue and earnings for the $1.0919T company.