MU
Micron Technology
$1,211.38
▲ 6.8%Updated Today 6:01 PM ET
▲ Up 830.9% over the last 12 months
Market Cap
$1.28T
P/E
54.2x
Forward P/E (est.)
38.71x
ROE
40.8%
Revenue Growth
85.5%
EPS Growth
412.0%
Profit Margin
41.5%
FCF Yield
0.2%
Debt / Equity
0.27x
ROIC
9.0%
Interest Coverage
25.18x
Current Ratio
2.9x
Dividend Yield
0.1%
Implied Growth (rev. DCF)
8.9%
Rating Score
76/100
Technical analysis reads price and volume to judge momentum and timing. It complements the fundamentals above — it does not replace them. Here is what MU's chart says today, with each tool explained.
Trend — moving averages. A moving average is the average closing price over a window, which smooths out daily noise. MU trades near $1,211.38, above its 50-day average ($732.80) and 200-day average ($400.75). Price above both averages, with the shorter one above the longer, is the textbook definition of an uptrend — momentum favours buyers.
Momentum — RSI. The Relative Strength Index runs 0–100 and measures how strong recent gains are versus losses. Above 70 is "overbought", below 30 "oversold". At 59 it is in neutral territory — neither stretched nor washed out.
MACD. MACD compares two moving averages to flag shifts in momentum. Its histogram is currently positive — short-term momentum is improving.
Volatility — ATR. Average True Range is the typical daily move. MU's is $91.67 (~7.6% of price), so swings of about that size each day are normal — handy for setting a stop that isn't too tight.
Support & resistance. Over the last month MU found buyers near $732.20 (support) and sellers near $1,149.43 (resistance); its 52-week range is $103.38–$1,149.43. A decisive break beyond either edge often marks the next move.
Volume. The latest session traded 1.2× the 20-day average — about normal. Rising volume on up-days suggests real buying; on down-days, real selling.
Educational information to help you read a chart — not a recommendation or a forecast. It updates daily as the price and indicators change.
Micron Technology (MU) is a mega-cap company in the Semiconductors industry, part of the Information Technology sector of the S&P 500, with a market value around $1.28T.
In its latest reported year it generated about $37.38B in revenue and $8.54B in net profit.
Our model rates MU Strong (76/100) on growth, profitability, financial health, and valuation. The summary below is built from its filed financials and current ratios and refreshes automatically.
4Y CAGR
7.8%
Revenue moved from $27.70B in 2021 to $37.38B in 2025, a 7.8% compound annual growth rate. The most recent year grew a strong 85.5% year over year. Consistent top-line growth is one sign of healthy demand.
Gross Margin
39.8%
Operating Margin
26.1%
Net Margin
22.8%
ROE
40.8%
Micron Technology keeps about 41.5% of each sales dollar as net profit, with a 39.8% gross margin and 26.1% operating margin. Return on equity is 40.8% and return on invested capital about 9.0%. Margins this wide usually signal pricing power or a cost advantage.
Total Debt
$8.84B
Net Debt
-$5.06B
Net cash position
Net Debt / EBITDA
-0.52x
Debt / Equity
0.27x
Leverage: debt-to-equity is 0.3x, and operating profit covers interest about 25.2x, with a current ratio of 2.9x. That is a conservative balance sheet — a cushion in downturns. It carries roughly $8.84B of total debt against $13.91B of cash.
Operating CF
$17.52B
Free Cash Flow
$1.67B
FCF Margin
4.5%
In the latest year Micron Technology produced about $17.52B of operating cash flow and $1.67B of free cash flow after capital spending. That is a free-cash-flow yield of about 0.2% on today's price. Cash flow is what ultimately pays shareholders, so it is worth tracking over time.
P/E
54.2x
P/S
31.47x
P/B
2.8x
EV / EBITDA
63.24x
MU trades at 54.2x trailing earnings (about 38.7x on estimated forward earnings), 31.5x sales, and 2.8x book value. Reverse-engineering today's price implies the market expects roughly 8.9% long-term free-cash-flow growth. That is a rich multiple that prices in a lot of future growth.
Where this stock sits versus what most companies trade at.
Typical ranges are general references (e.g., many stocks trade at ~18–26x earnings), not hard rules. Context only — not investment advice.
How MU stacks up against its Information Technology peers — valuation, profitability, and growth versus the sector median.
In the Information Technology sector (72 S&P 500 companies), MU ranks #13 of 72 by our overall rating. It trades at a premium versus the sector on earnings (54.2x P/E vs. 35.6x median) with a higher return on equity (40.8% vs. 25.6%) and faster revenue growth (85.5% vs. 17.4%).
P/E vs sector
54.2x
median 35.6x
ROE vs sector
40.8%
median 25.6%
Growth vs sector
85.5%
median 17.4%
Sector rank
#13
of 72 by rating
Valuation vs. quality map
The sweet spot is upper-left: more profitable (higher ROE) for a lower P/E. Dashed lines mark the sector median.
Peers are the closest Information Technology companies by sub-industry and size. Sector median is across all 72 S&P 500 names in the sector. Educational, not a recommendation.
Project revenue → earnings → price. Edit the assumptions to build your own case.
2030 price target (Base Case)
$1,563.61 – $2,638.58
vs. $1,211.38 today · expected CAGR 5% – 17%
| Metric | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| Revenue | $54.20B | $78.59B | $113.95B | $165.23B | $239.58B |
| Net income | $12.47B | $18.08B | $26.21B | $38.00B | $55.10B |
| EPS | $11.05 | $16.03 | $23.24 | $33.70 | $48.86 |
| Share price (low) | $353.72 | $512.89 | $743.69 | $1,078.35 | $1,563.61 |
| Share price (high) | $596.90 | $865.50 | $1,254.97 | $1,819.71 | $2,638.58 |
| CAGR (low–high) | -71% / -51% | -35% / -15% | -15% / 1% | -3% / 11% | 5% / 17% |
Educational model on sample fundamentals — not a forecast or investment advice. Outputs are only as good as your assumptions.
The case for MU:
- Revenue is growing 85.5% a year, a sign of real demand.
- High net margins (41.5%) point to pricing power or efficiency.
- Strong return on equity (40.8%) shows capital is put to work well.
- A conservative balance sheet (debt/equity 0.3x) lowers risk.
- Our model's overall read is Strong (76/100).
The case against MU:
- A rich 54.2x earnings multiple prices in a lot of growth.
- Limited free cash flow at today's price.
Valuation risk — at 54.2x earnings, disappointing results could compress the multiple.
Market risk — sector rotation, the economic cycle, and broad sentiment move the stock regardless of fundamentals.
On balance, the fundamentals screen favourably: Micron Technology is a mega-cap information technology business still growing nicely, with solid profitability, and a sound balance sheet. It trades at 54.2x earnings, which our model scores Strong (76/100). Weigh this against your own goals and time horizon — this is educational information, not a recommendation.
Data notice. Fundamentals and financial statements are sourced from company filings (SEC EDGAR) and market-data providers; prices and market caps refresh on trading days and may be delayed. Ratings, projections, technical signals, and written summaries are model- or rule-generated for education and may simplify or lag the latest filings.
Not advice. Nothing on this page is investment advice or a recommendation to buy, hold, or sell any security. Do your own research and consult a licensed financial professional before investing.