Micron Technology Inc. (MU)

$109.41

+1.96

(+1.82%)▲

Market is closed - opens 7 PM, 29 Jul 2024

Performance

  • $107.78
    $110.59
    $109.41
    downward going graph

    1.49%

    Downside

    Day's Volatility :2.54%

    Upside

    1.07%

    downward going graph
  • $61.21
    $157.26
    $109.41
    downward going graph

    44.05%

    Downside

    52 Weeks Volatility :61.08%

    Upside

    30.43%

    downward going graph

Returns

PeriodMicron Technology Inc.Sector (Technology)Index (NASDAQ Composite)
3 Months
-6.44%
6.9%
7.9%
6 Months
22.03%
5.9%
11.2%
1 Year
59.47%
21.7%
22.3%
3 Years
40.83%
39.6%
17.2%

Highlights

Market Capitalization
122.3B
Book Value
$39.88
Dividend Share
0.46
Dividend Yield
0.42%
Earnings Per Share (EPS)
-1.41
PEG Ratio
1.12
Wall Street Target Price
159.81
Profit Margin
-7.2%
Operating Margin TTM
10.0%
Return On Assets TTM
-1.57%
Return On Equity TTM
-3.43%
Revenue TTM
21.4B
Revenue Per Share TTM
19.39
Quarterly Revenue Growth YOY
81.5%
Gross Profit TTM
-1.4B
EBITDA
6.0B
Diluted Eps TTM
-1.41
Quarterly Earnings Growth YOY
-0.43
EPS Estimate Current Year
1.13
EPS Estimate Next Year
8.88
EPS Estimate Current Quarter
0.51
EPS Estimate Next Quarter
0.0

Analyst Recommendation

Buy
    88%Buy
    9%Hold
    2%Sell
Based on 44 Wall street analysts offering stock ratings for Micron Technology Inc.(by analysts ranked 0 to 5 stars)
Based on 44 analyst
  • Current
  • 1M Ago
  • 3M Ago
Buy
39
38
36
Hold
4
5
7
Sell
1
1
1

Analyst Forecast

What analysts predicted

Upside of 46.07%

Current $109.41
Target $159.81

Company Financials

FY18Y/Y Change
Revenue
30.4B
↑ 49.55%
Net Income
14.1B
↑ 177.76%
Net Profit Margin
46.51%
↑ 21.47%
FY19Y/Y Change
Revenue
23.4B
↓ 22.98%
Net Income
6.3B
↓ 55.34%
Net Profit Margin
26.97%
↓ 19.54%
FY20Y/Y Change
Revenue
21.4B
↓ 8.42%
Net Income
2.7B
↓ 57.44%
Net Profit Margin
12.54%
↓ 14.43%
FY21Y/Y Change
Revenue
27.7B
↑ 29.25%
Net Income
5.9B
↑ 118.12%
Net Profit Margin
21.16%
↑ 8.62%
FY22Y/Y Change
Revenue
30.8B
↑ 11.02%
Net Income
8.7B
↑ 48.22%
Net Profit Margin
28.24%
↑ 7.08%
FY23Y/Y Change
Revenue
15.5B
↓ 49.48%
Net Income
-5.8B
↓ 167.15%
Net Profit Margin
-37.54%
↓ 65.78%
Q1 FY23Q/Q Change
Revenue
3.7B
↓ 9.6%
Net Income
-2.3B
↑ 1163.59%
Net Profit Margin
-62.96%
↓ 58.46%
Q2 FY23Q/Q Change
Revenue
3.8B
↑ 1.6%
Net Income
-1.9B
↓ 18.62%
Net Profit Margin
-50.43%
↑ 12.53%
Q3 FY23Q/Q Change
Revenue
4.0B
↑ 6.88%
Net Income
-1.4B
↓ 24.42%
Net Profit Margin
-35.66%
↑ 14.77%
Q4 FY23Q/Q Change
Revenue
4.7B
↑ 17.86%
Net Income
-1.2B
↓ 13.71%
Net Profit Margin
-26.11%
↑ 9.55%
Q1 FY24Q/Q Change
Revenue
5.8B
↑ 23.23%
Net Income
793.0M
↓ 164.26%
Net Profit Margin
13.62%
↑ 39.73%
Q2 FY24Q/Q Change
Revenue
6.8B
↑ 16.95%
Net Income
332.0M
↓ 58.13%
Net Profit Margin
4.87%
↓ 8.75%
FY18Y/Y Change
Total Assets
43.4B
↑ 22.75%
Total Liabilities
43.4B
↑ 22.75%
FY19Y/Y Change
Total Assets
48.9B
↑ 12.71%
Total Liabilities
48.9B
↑ 12.71%
FY20Y/Y Change
Total Assets
53.7B
↑ 9.8%
Total Liabilities
14.7B
↓ 69.97%
FY21Y/Y Change
Total Assets
58.8B
↑ 9.63%
Total Liabilities
14.9B
↑ 1.59%
FY22Y/Y Change
Total Assets
66.3B
↑ 12.63%
Total Liabilities
16.4B
↑ 9.79%
FY23Y/Y Change
Total Assets
64.3B
↓ 3.06%
Total Liabilities
20.1B
↑ 22.95%
Q1 FY23Q/Q Change
Total Assets
66.5B
↓ 1.99%
Total Liabilities
19.3B
↑ 3.74%
Q2 FY23Q/Q Change
Total Assets
65.7B
↓ 1.26%
Total Liabilities
20.3B
↑ 5.25%
Q3 FY23Q/Q Change
Total Assets
64.3B
↓ 2.17%
Total Liabilities
20.1B
↓ 0.7%
Q4 FY23Q/Q Change
Total Assets
63.8B
↓ 0.74%
Total Liabilities
20.9B
↑ 3.76%
Q1 FY24Q/Q Change
Total Assets
65.7B
↑ 3.05%
Total Liabilities
21.2B
↑ 1.41%
Q2 FY24Q/Q Change
Total Assets
66.3B
↑ 0.82%
Total Liabilities
21.4B
↑ 0.81%
FY18Y/Y Change
Operating Cash Flow
17.4B
↑ 113.42%
Investing Cash Flow
-8.2B
↑ 9.01%
Financing Cash Flow
-7.8B
↓ 2328.08%
FY19Y/Y Change
Operating Cash Flow
13.2B
↓ 24.2%
Investing Cash Flow
-10.1B
↑ 22.75%
Financing Cash Flow
-2.4B
↓ 68.65%
FY20Y/Y Change
Operating Cash Flow
8.3B
↓ 37.02%
Investing Cash Flow
-7.6B
↓ 24.75%
Financing Cash Flow
-317.0M
↓ 87.0%
FY21Y/Y Change
Operating Cash Flow
12.5B
↑ 50.11%
Investing Cash Flow
-10.6B
↑ 39.53%
Financing Cash Flow
-1.8B
↑ 461.83%
FY22Y/Y Change
Operating Cash Flow
15.2B
↑ 21.76%
Investing Cash Flow
-11.6B
↑ 9.41%
Financing Cash Flow
-3.0B
↑ 67.32%
FY23Y/Y Change
Operating Cash Flow
1.6B
↓ 89.73%
Investing Cash Flow
-6.2B
↓ 46.56%
Financing Cash Flow
5.0B
↓ 267.21%
Q1 FY23Q/Q Change
Operating Cash Flow
343.0M
↓ 63.63%
Investing Cash Flow
-1.2B
↓ 47.93%
Financing Cash Flow
1.8B
↓ 31.53%
Q2 FY23Q/Q Change
Operating Cash Flow
24.0M
↓ 93.0%
Investing Cash Flow
-1.2B
↑ 0.0%
Financing Cash Flow
661.0M
↓ 63.32%
Q3 FY23Q/Q Change
Operating Cash Flow
249.0M
↑ 937.5%
Investing Cash Flow
-830.0M
↓ 29.66%
Financing Cash Flow
-112.0M
↓ 116.94%

Technicals Summary

Sell

Neutral

Buy

Micron Technology Inc. is currently not in a favorable trading position ( SELL ) according to technical analysis indicators.

More on Technical Analysis

Peers

Company Name1 Month6 Month1 Year3 Years5 Years
Micron Technology Inc.
Micron Technology Inc.
-24.52%
22.03%
59.47%
40.83%
126.26%
Nvidia Corporation
Nvidia Corporation
-11.17%
79.75%
144.62%
484.55%
2469.04%
Intel Corporation
Intel Corporation
2.48%
-28.75%
-9.26%
-42.74%
-40.3%
Company NameP/E RatioP/B RatioPEG RatioEPSROEROADiv YieldBVPS
Micron Technology Inc.
Micron Technology Inc.
44.76
NA
1.12
1.13
-0.03
-0.02
0.0
39.88
Nvidia Corporation
Nvidia Corporation
66.81
66.81
1.5
12.41
1.16
0.49
0.0
2.0
Intel Corporation
Intel Corporation
32.74
32.74
0.43
1.0
0.04
0.0
0.02
24.89
Company NameAnalyst ViewMarket Cap5 Years Return %PE RatioProfit Margin
Micron Technology Inc.
Micron Technology Inc.
Buy
$122.3B
126.26%
44.76
-7.2%
Nvidia Corporation
Nvidia Corporation
Buy
$2.8T
2469.04%
66.81
53.4%
Intel Corporation
Intel Corporation
Hold
$134.9B
-40.3%
32.74
7.36%

Insights on Micron Technology Inc.

  • Increasing Revenue

    Revenue is up for the last 6 quarters, 3.69B → 6.81B (in $), with an average increase of 11.3% per quarter

  • Decreasing Net Profit

    Netprofit is down for the last 2 quarters, 793.0M → 332.0M (in $), with an average decrease of 58.1% per quarter

  • Vs NVDA

    In the last 1 year, Nvidia Corporation has given 144.6% return, outperforming this stock by 93.4%

  • Vs NVDA

    In the last 3 years, Nvidia Corporation has given 484.5% return, outperforming this stock by 439.7%

Institutional Holdings

  • Vanguard Group Inc

    8.72%

  • BlackRock Inc

    8.14%

  • State Street Corporation

    4.16%

  • FMR Inc

    3.49%

  • PRIMECAP Management Company

    3.39%

  • Capital Research Global Investors

    2.48%

Corporate Announcements

  • Micron Technology Inc. Dividends March,2024

    In the quarter ending March,2024. Micron Technology Inc. has declared dividend of $0.12

    Read More

Company Information

Micron Technology, Inc. is a designer, producer, manufacturer, and trader of innovative computer memory, storage products, and advanced solutions. The company was founded 43 years ago, on October 5, 1978, by Joe Parkinson, Doug Pitman, Ward Parkinson, Dennis Wilson as a semiconductor design and consulting company. Its headquarter is in Boise, Idaho, with a full-time employee strength of 43,000. It is the 4th Largest semiconductor company in the world. Ranked as 135th on the 2021 Fortune 500. It has 47,500 patents granted and growing. Presence in 17 countries. The operations segment includes 12 manufacturing sites and 14 customer labs Micron is among the few American manufacturers to sustain the market for DRAM (dynamic random access memory) chips. In April 2017, the company assigned Sanjay Mehrotra as the new CEO and President to replace Mark Durcan. It functions through various segments like Mobile Business Unit (MBU), Embedded Business Unit (EBU), Compute & Networking Business Unit (CNBU), and Storage Business Unit (SBU). Through the above segments, the company sells memory and storage products in a wide range of markets such as cloud server, enterprise, client, graphics, smartphone, other mobile-device, consumer storage, automotive, and industrial. Assured by best level manufacturing, Micron is introducing the world's most advanced 1-alpha (1a) DRAM and 176-layer 3D NAND technologies. The company has become a global leader in memory and storage solutions by investing in organizational resiliency through inserting enterprise risk management into their decision-making processes and developing a business continuity program (BCP) that reduces risks. Micron innovated in February 2019 the first microSD card with a storage capacity of 1 terabyte (TB). The cheapest large-capacity SSD worldwide is the 3.84TB Micron 5210 Ion produced by the company. The company introduced the world's fastest discrete graphics memory solution in September 2020. Currently Micron Technology Inc. has a market cap of $122.28 Billion. It has a P.E ratio of -79.46. The shares of Micron Technology Inc. are trading at $107.45. .

Organization
Micron Technology Inc.
Employees
43000
CEO
Mr. Sanjay Mehrotra
Industry
Electronic Technology

Discover More

FAQs