Micron Technology/MU

$122.52

-3.92%
-
1D1W1MYTD1YMAX

About Micron Technology

Micron Technology, Inc. is a provider of memory and storage solutions. The Company offers a portfolio of high-performance dynamic random-access memory (DRAM), NAND, and NOR memory and storage products through its Micron and Crucial brands. The Company’s segments include Compute and Networking Business Unit (CNBU), Mobile Business Unit (MBU), Embedded Business Unit (EBU), and Storage Business Unit (SBU). The CNBU segment includes memory products and solutions sold into client, cloud server, enterprise, graphics, and networking markets. The MBU segment includes memory and storage products sold into smartphone and other mobile-device markets. The EBU segment includes memory and storage products and solutions sold into automotive, industrial, and consumer markets. The SBU segment includes SSDs and component-level solutions sold into enterprise and cloud, client, and consumer storage markets. It sells its products into various markets through its business units in numerous forms.

Ticker

MU

Sector

Technology

Trading on

NASDAQ

Industry

Semiconductors

CEO

Sanjay Mehrotra

Employees

43,000

Headquarters

Boise, United States

MU Metrics

BasicAdvanced
$141.2B
Market cap
-
P/E ratio
-$3.45
EPS
1.27
Beta
$0.46
Dividend rate
0.36%
Dividend yield
$141.2B
1.2657
$130.54
$58.03
20.73M
$0.46
3.744
2.395
30.495
31.279
-99.03%
-5.69%
-8.27%
-6.23%
7.711
3.218
3.338
0.36%
0.36%
-20.6%
-347.64%
-10.17%

What the Analysts think about MU

Analyst Ratings

Majority rating from 36 analysts.
Buy

Price Targets

Average projection from 29 analysts.
10.91% upside
High $225.00
Low $98.00
$122.52
Current price
$135.89
Average price target

MU Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
13.61% profit margin
QuarterlyAnnual
Q2 24
QoQ growth
Revenue
$5.82B
23.23%
Net income
$793M
-164.26%
Profit margin
13.61%
-152.13%

MU Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 270.27%
QuarterlyAnnual
Q3 23
Q4 23
Q1 24
Q2 24
Q3 24
Actual
-$1.43
-$1.07
-$0.95
$0.42
-
Expected
-$1.58
-$1.18
-$0.97
-$0.25
$0.47
Surprise
-9.74%
-9.31%
-2.33%
-270.27%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for Micron Technology stock?

Micron Technology (MU) has a market cap of $141.2B as of April 13, 2024.

What is the P/E ratio for Micron Technology stock?

The price to earnings (P/E) ratio for Micron Technology (MU) stock is 0 as of April 13, 2024.

Does Micron Technology stock pay dividends?

Yes, the Micron Technology (MU) stock pays dividends to shareholders. As of April 13, 2024, the dividend rate is $0.46 and the yield is 0.36%. Micron Technology has a payout ratio of 0% on a trailing twelve-month basis.

When is the next Micron Technology dividend payment date?

The next Micron Technology (MU) dividend payment is scheduled for April 16, 2024.

What is the beta indicator for Micron Technology?

Micron Technology (MU) has a beta rating of 1.27. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the Micron Technology stock price target?

The target price for Micron Technology (MU) stock is $135.89, which is 10.91% above the current price of $122.52. This is an average based on projections from 29 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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