Micron Technology/$MU
1D1W1MYTD1Y5YMAX
Capital at risk
About Micron Technology
Micron is one of the largest semiconductor companies in the world, specializing in memory and storage chips. Its primary revenue stream comes from dynamic random access memory, or DRAM, and it also has minority exposure to not-and or NAND, flash chips. Micron serves a global customer base, selling chips into data centers, mobile phones, consumer electronics, and industrial and automotive applications. The firm is vertically integrated.
- Ticker
- $MU
- Sector
- Semiconductors
- Primary listing
- NASDAQ
- Employees
- 53,000
- Headquarters
- Boise, United States
- Website
- www.micron.com
MU Metrics
BasicAdvanced
$1T
20.91
$44.31
2.22
$0.53
0.06%
Price and volume
Market cap
$1T
Beta
2.22
52-week high
$1,255.00
52-week low
$154.65
Average daily volume
27M
Dividend rate
$0.53
Financial strength
Current ratio
3.425
Quick ratio
2.927
Long term debt to equity
0.058
Total debt to equity
0.063
Dividend payout ratio (TTM)
1.12%
Interest coverage (TTM)
257.75%
Profitability
EBITDA (TTM)
68,222
Gross margin (TTM)
72.57%
Net profit margin (TTM)
55.91%
Operating margin (TTM)
65.67%
Effective tax rate (TTM)
14.57%
Revenue per employee (TTM)
$1,700,000
Management effectiveness
Return on assets (TTM)
34.87%
Return on equity (TTM)
66.64%
Valuation
Price to earnings (TTM)
20.909
Price to revenue (TTM)
11.547
Price to book
10.38
Price to tangible book (TTM)
10.56
Price to free cash flow (TTM)
39.828
Free cash flow yield (TTM)
2.51%
Free cash flow per share (TTM)
23.264
Dividend yield (TTM)
0.06%
Forward dividend yield
0.06%
Growth
Revenue change (TTM)
166.98%
Earnings per share change (TTM)
705.70%
3-year revenue growth (CAGR)
70.63%
10-year revenue growth (CAGR)
21.59%
3-year earnings per share growth (CAGR)
155.31%
10-year earnings per share growth (CAGR)
62.39%
3-year dividend per share growth (CAGR)
4.83%
What the Analysts think about MU
Analyst ratings (Buy, Hold, Sell) for Micron Technology stock.
Analyst projections of the future price of Micron Technology stock.
Bulls say / Bears say
Micron reported record fiscal third-quarter results and guided fiscal fourth-quarter revenue to $50bn, plus or minus $1bn, with gross margin of about 86%. Management says AI-driven DRAM and NAND demand remains well above supply, supporting strong near-term pricing and earnings. (Micron Technology, Inc., 24/7 Wall St.)
Micron is scaling its HBM4 business as AI accelerator demand grows: 12-layer HBM4 is in mass production and cumulative HBM4 shipment revenue has surpassed $1bn. Its Hiroshima expansion is expected to add further HBM capacity from 2028, extending the growth runway if demand stays strong. (Electronic Times, The Next Web)
Long-term Strategic Customer Agreements could make Micron's revenue less exposed to the spot memory cycle. Fourteen agreements reportedly carry about $100bn of minimum-price revenue over their remaining terms, alongside take-or-pay commitments and customer deposits. (Micron Technology, Inc., Techscurrent)
The latest profit surge is heavily driven by pricing rather than unit growth: DRAM average selling prices rose by roughly 60% sequentially while volumes rose only slightly, and NAND pricing rose even faster. If supply catches up or customers slow purchases, this operating leverage could reverse sharply. (The Motley Fool, TS2.tech)
Chinese memory makers are gaining ground while Micron remains exposed to commodity DRAM and NAND. CXMT reached 10% of global DRAM revenue and YMTC reached 14% of NAND revenue in the second quarter, which could increase competitive pressure and weaken pricing over time. (Benzinga)
A Taiwanese union representing Micron workers at its largest manufacturing hub has kept strike preparations alive in a dispute over profit sharing. No strike has been called and production is currently unaffected, but any stoppage could disrupt DRAM and HBM output during an already tight market. (Reuters)
Data summarised monthly by Lightyear AI. Last updated on 17 Sept 2026.
MU Financial Performance
Revenues and expenses
MU Earnings Performance
Company profitability
Upcoming events
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Funds containing MU
AllUSDEURGBP
Fund name | Fund size | $MU weighting |
|---|---|---|
iShares Edge MSCI World Value Factor$IWVL | $7.4B | 13.64% |
iShares Edge MSCI World Value Factor€IS3S | €6.4B | 13.64% |
iShares Edge MSCI World Value Factor£IWFV | £5.5B | 13.64% |
VanEck Semiconductor€VVSM | €1.9B | 10.85% |
VanEck Semiconductor£SMGB | £1.6B | 10.85% |
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