Inside the research

Micron Technology, Inc.

MU Research profile · latest available data

Price overview

$1,082.28

▲ +1.75 (+0.2%)

52w hi$1,213.37
52w lo$156.58
Vol20.87M
As of25 Sep 2026

The Verdict

Strong Buy

Our score +3.85

Short+6.58
Medium+2.37
Long+1.34

computed 2026-09-27

Key fundamentals

Micron Technology, Inc.

Technology · Semiconductors

Market cap$1.22T
Enterprise value$1.20T
Trailing P/E24.45x
Forward P/E6.79x
EV / EBITDA17.63x
P / S (ttm)13.54x
Profit margin55.9%
Return on equity66.6%
Revenue growth+345.7%
Earnings growth+1368.5%
Debt / equity6.33

Layer Breakdown

LayerRawContribution
Fundamental+0.48
Sector+0.24
Technical+0.05
Earnings+0.98
Sentiment+0.00

macro × 1.00 · 2026-09-27

Business overview

Micron Technology, Inc. designs, develops, manufactures, and sells memory and storage products in the United States, Taiwan, Japan, Mainland China, Hong Kong, Europe, and internationally. It operates through the Cloud Memory Business Unit; Core Data Center Business Unit; Mobile and Client Business Unit; and Automotive and Embedded Business Unit segments. The company provides memory products, including dynamic random access memory components and modules, CXL-based memory, LPDDR components and modules, graphics memory, high-bandwidth memory, and data center memory products; multichip packages (MCP) comprising embedded multimedia card-based, universal flash storage-based, and NAND-based MCPs; and technology leadership products that include 1y DRAM and G9 NAND technologies. It also offers storage products, such as data center solid-state drives (SSD), client SSD storage, and auto and industrial SSD storage; managed NAND; NAND flash; NOR flash; and memory cards. In addition, the company provides design tools, including FBGA and part decoders; DRAM power calculators; NAND power calculators; simulation models; chipset compatibility guides; serial presence-detection tools; cross-reference tools; UFSparm; SSD firmware; software and drivers; storage executive software; and obsolete part catalogs. It markets its semiconductor memory and storage products under the Micron and Crucial brands. The company serves the data center, PC, graphics, networking, automotive, industrial, and consumer embedded markets, as well as the smartphone and other mobile-device markets. It sells its products through its direct sales force, independent sales representatives, distributors, and retailers; web-based customer direct sales channel; and channel and distribution partners. Micron Technology, Inc. was founded in 1978 and is headquartered in Boise, Idaho.

United States · www.micron.com

Risk Metrics

Beta vs SPX2.52
Corr SPX0.56
Annual vol72.0%
Annual ret+149.9%
Sharpe2.08
Max DD-42.9%

Window: 504 trading days (504 obs)

Analyst Coverage

Mean PT$556.05
High / Low$1,000.00 / $249.00
Median$550.00
Analysts42
Strong Buy9
Buy30
Hold4
Sell1
Strong Sell0

Recent rating actions

2026-04-28TD Cowen→ Buy
2026-04-28DA Davidson→ Buy
2026-04-27Melius Research→ Buy
2026-04-08UBS→ Buy
2026-03-31Citigroup→ Buy
2026-03-19Wells Fargo→ Overweight

Material Events

DateEvent8-K
2026-06-24Earnings Release, Exhibitsread
2026-06-09Officer / Director Change, Exhibitsread
2026-04-01Other Material Event, Exhibitsread
2026-03-25Other Material Event, Exhibitsread
2026-03-18Earnings Release, Exhibitsread
2026-01-21Bylaws Amendment, Shareholder Vote…read
2025-12-17Earnings Release, Exhibitsread
2025-10-21Officer / Director Change, Exhibitsread
2025-09-23Earnings Release, Exhibitsread
2025-08-11Reg FD Disclosure, Exhibitsread
2025-07-18Bylaws Amendment, Exhibitsread
2025-06-25Earnings Release, Exhibitsread

Insider Trades

DateInsiderRoleActionSharesValue
2026-07-24MEHROTRA SANJAYDirector, Officer, PresidSell1.05K$990.01K
2026-07-24MEHROTRA SANJAYDirector, Officer, PresidSell626$591.56K
2026-07-24MEHROTRA SANJAYDirector, Officer, PresidSell955$903.31K
2026-07-24MEHROTRA SANJAYDirector, Officer, PresidSell797$754.58K
2026-07-24MEHROTRA SANJAYDirector, Officer, PresidSell1.21K$1.14M
2026-07-24MEHROTRA SANJAYDirector, Officer, PresidSell108$102.68K
2026-07-24MEHROTRA SANJAYDirector, Officer, PresidSell1$952
2026-07-24MEHROTRA SANJAYDirector, Officer, PresidSell725$691.79K
2026-07-24MEHROTRA SANJAYDirector, Officer, PresidSell1.52K$1.46M
2026-07-24MEHROTRA SANJAYDirector, Officer, PresidSell405$387.46K

Flow & Concentration

Insider 180d net-$180.03M
Insider buys / sells0 / 158
Insider biasSellers
13F holders9
Top-5 share96.8%
HHI2,635 (concentrated)

Top Holders

HolderValueShares
State Street Corp$57.80B50.08M
Citadel Advisors$39.28B34.03M
Fidelity / FMR LLC$30.84B26.72M
Capital Research / Capital World$14.12B12.24M
Millennium Management$5.00B4.33M
AQR Capital Management$4.43B3.83M
Renaissance Technologies$244.22M211.58K
Bridgewater Associates$134.67M116.67K
T. Rowe Price Group$16.35M14.17M

As of 2026-06-30

Dividends

Yield (TTM)0.04%
$ / share (TTM)$0.38
5y CAGR—

Annual dividend per share

2021$0.20
2022$0.45
2023$0.46
2024$0.46
2025$0.46
2026$0.15

SEC Filings

DateFormDoc
2026-07-284view
2026-07-284view
2026-07-274view
2026-07-174view
2026-07-064view
2026-07-024view
2026-07-024view
2026-07-024view
2026-06-304view
2026-06-304view
2026-06-2510-Qview
2026-06-248-Kview
2026-06-113view
2026-06-114view
2026-06-098-Kview

The Long Run

FY 2011–2025 · 15 years

LineLatestCAGRTrend
Revenue$25.11B+18.8%
Gross profit$5.61B+19.9%
Operating income-$5.75B+30.0%
Net income$778.00M-4.2%
Cash from ops$8.51B+13.1%

Indices

NASDAQ-100S&P 500

Recent Sessions

DateOpenHighLowCloseVol
Sep 25$1,095.83$1,108.72$1,073.00$1,082.2820.87M
Sep 24$1,049.75$1,081.04$1,044.00$1,080.5322.07M
Sep 23$1,100.07$1,105.50$1,064.25$1,071.8821.57M
Sep 22$1,032.85$1,097.25$1,030.02$1,096.1629.19M
Sep 21$1,044.99$1,064.49$1,030.68$1,043.9628.17M

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