Micron Technology Inc. (MU)

$112.46

+3.34

(+3.06%)

Market is closed - opens 7 PM, 24 Apr 2024

Insights on Micron Technology Inc.

  • Increasing Revenue

    Revenue is up for the last 5 quarters, 3.69B → 5.82B (in $), with an average increase of 10.5% per quarter

  • Increasing Net Profit

    Netprofit is up for the last 5 quarters, -2.32B → 793.0M (in $), with an average increase of 81.7% per quarter

  • Vs NVDA

    In the last 1 year, Nvidia Corporation has given 193.2% return, outperforming this stock by 114.7%

  • Vs NVDA

    In the last 3 years, Nvidia Corporation has given 420.9% return, outperforming this stock by 394.1%

Performance

  • $108.98
    $112.81
    $112.46
    downward going graph

    3.09%

    Downside

    Day's Volatility :3.4%

    Upside

    0.31%

    downward going graph
  • $57.41
    $130.54
    $112.46
    downward going graph

    48.95%

    Downside

    52 Weeks Volatility :56.02%

    Upside

    13.85%

    downward going graph

Returns

PeriodMicron Technology Inc.Sector (Technology)Index (NASDAQ Composite)
3 Months
24.67%
-3.8%
0.2%
6 Months
63.16%
18.4%
18.7%
1 Year
83.36%
31.5%
28.0%
3 Years
26.84%
36.1%
10.2%

Highlights

Market Capitalization
118.2B
Book Value
$39.63
Dividend Share
0.46
Dividend Yield
0.43%
Earnings Per Share (EPS)
-3.44
PEG Ratio
1.12
Wall Street Target Price
135.89
Profit Margin
-20.57%
Operating Margin TTM
3.28%
Return On Assets TTM
-3.77%
Return On Equity TTM
-8.27%
Revenue TTM
18.3B
Revenue Per Share TTM
16.67
Quarterly Revenue Growth YOY
57.699999999999996%
Gross Profit TTM
-1.4B
EBITDA
3.7B
Diluted Eps TTM
-3.44
Quarterly Earnings Growth YOY
-0.43
EPS Estimate Current Year
0.84
EPS Estimate Next Year
7.54
EPS Estimate Current Quarter
-0.25
EPS Estimate Next Quarter
0.0

Analyst Recommendation

Buy
    77%Buy
    18%Hold
    4%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
34
34
32
Hold
8
8
11
Sell
2
2
2

Analyst Forecast

What analysts predicted

Upside of 20.83%

Current $112.46
Target $135.89

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%
Q4 FY22Q/Q Change
Revenue
4.1B
↓ 38.51%
Net Income
-184.0M
↓ 112.33%
Net Profit Margin
-4.5%
↓ 26.96%
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%
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%
Q4 FY22Q/Q Change
Total Assets
67.9B
↑ 2.4%
Total Liabilities
18.6B
↑ 13.39%
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%
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%
Q4 FY22Q/Q Change
Operating Cash Flow
943.0M
↓ 75.03%
Investing Cash Flow
-2.3B
↓ 40.74%
Financing Cash Flow
2.6B
↓ 413.33%
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 in a favorable trading position ( BUY ) according to technical analysis indicators.

Peers

Company Name1 Month6 Month1 Year3 Years5 Years
Micron Technology Inc.
Micron Technology Inc.
-6.84%
63.16%
83.36%
26.84%
155.13%
Nvidia Corporation
Nvidia Corporation
-16.3%
85.03%
194.05%
420.91%
1568.18%
Intel Corporation
Intel Corporation
-17.74%
1.65%
16.01%
-41.91%
-41.46%
Company NameP/E RatioP/B RatioPEG RatioEPSROEROADiv YieldBVPS
Micron Technology Inc.
Micron Technology Inc.
44.76
NA
1.12
0.84
-0.08
-0.04
0.0
39.63
Nvidia Corporation
Nvidia Corporation
63.71
63.71
1.18
12.41
0.91
0.39
0.0
17.44
Intel Corporation
Intel Corporation
85.5
85.5
0.43
1.34
0.02
0.0
0.01
24.97
Company NameAnalyst ViewMarket Cap5 Years Return %PE RatioProfit Margin
Micron Technology Inc.
Micron Technology Inc.
Buy
$118.2B
155.13%
44.76
-20.57%
Nvidia Corporation
Nvidia Corporation
Buy
$1.9T
1568.18%
63.71
48.85%
Intel Corporation
Intel Corporation
Hold
$145.6B
-41.46%
85.5
3.12%

Institutional Holdings

  • Vanguard Group Inc

    8.58%
  • BlackRock Inc

    7.67%
  • State Street Corporation

    4.11%
  • PRIMECAP Management Company

    3.39%
  • Capital Research Global Investors

    2.60%
  • FMR Inc

    2.42%

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. was established as a semiconductor design consulting company in 1978 in Boise, Idaho. Ward Parkinson, Joe Parkinson, Dennis Wilson, and Doug Pitman are the founding members of the America-based firm. In 1984, the company went public for the first time. Micron produces DRAM, flash memory, and USB flash drives, among other computer memory and data storage solutions. The company's consumer product labels are Crucial and Ballistix. Micron and Intel established IM Flash Technologies to develop NAND flash memory. Between 2006 and 2017, it was the rightful proprietor of Lexar. Micron is a global leader in innovative memory solutions, with about 40,000 employees in 17 countries. In the first quarter of FY22, the company's revenue increased from $5.77 billion in 2021 to $7.68 billion. In March 2020, the company unveiled the 3.84 TB Micron 5210 Ion, the cheapest large-capacity SSD. The company also launched the world's fastest discrete graphics memory solution in September 2020. The organisation introduced a new 176-layer 3D NAND chip in November 2020. Currently Micron Technology Inc. has a market cap of $118.23 Billion. It has a P.E ratio of -31.39. The shares of Micron Technology Inc. are trading at $109.12. .

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

FAQs