Micron Technology Company Profile (NASDAQ:MU)

About Micron Technology (MU)

Micron Technology logoMicron Technology, Inc. is engaged in semiconductor systems. The Company's portfolio of memory technologies, including dynamic random-access memory (DRAM), negative-AND (NAND) Flash and NOR Flash are the basis for solid-state drives, modules, multi-chip packages and other system solutions. Its business segments include Compute and Networking Business Unit (CNBU), which includes memory products sold into compute, networking, graphics and cloud server markets; Mobile Business Unit (MBU), which includes memory products sold into smartphone, tablet and other mobile-device markets; Storage Business Unit (SBU), which includes memory products sold into enterprise, client, cloud and removable storage markets, and SBU also includes products sold to Intel through its Intel/Micron Flash Technology (IMFT) joint venture, and Embedded Business Unit (EBU), which includes memory products sold into automotive, industrial, connected home and consumer electronics markets.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Semiconductor- Memory Chips
  • Sub-Industry: Semiconductors
  • Exchange: NASDAQ
  • Symbol: MU
  • CUSIP: 59511210
Key Metrics:
  • Previous Close: $25.52
  • 50 Day Moving Average: $24.64
  • 200 Day Moving Average: $20.64
  • 52-Week Range: $9.35 - $26.61
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 7.47
  • P/E Growth: 8.42
  • Market Cap: $28.74B
  • Outstanding Shares: 1,102,751,000
  • Beta: 1.93
  • Net Margins: -2.32%
  • Return on Equity: 0.81%
  • Return on Assets: 0.40%
  • Debt-to-Equity Ratio: 0.65%
  • Current Ratio: 1.71%
  • Quick Ratio: 1.22%

Analyst Ratings

Consensus Ratings for Micron Technology (NASDAQ:MU) (?)
Ratings Breakdown: 4 Hold Ratings, 30 Buy Ratings, 1 Strong Buy Rating
Consensus Rating:Buy (Score: 2.91)
Consensus Price Target: $25.22 (3.23% downside)

Analysts' Ratings History for Micron Technology (NASDAQ:MU)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
3/22/2017Credit Suisse Group AGBoost Price TargetOutperform$30.00 -> $35.00MediumView Rating Details
3/22/2017Cowen and CompanyReiterated RatingOutperform$34.00MediumView Rating Details
3/21/2017Rosenblatt SecuritiesReiterated RatingBuy$34.00 -> $40.00MediumView Rating Details
3/20/2017InstinetReiterated RatingBuy$30.00MediumView Rating Details
3/17/2017Susquehanna Bancshares IncReiterated RatingPositive$29.00 -> $25.00LowView Rating Details
3/16/2017MizuhoReiterated RatingBuy$30.00LowView Rating Details
3/7/2017Barclays PLCReiterated RatingOverweight$26.00N/AView Rating Details
3/6/2017Loop CapitalReiterated RatingBuy$27.00 -> $30.00N/AView Rating Details
3/5/2017Pacific CrestReiterated RatingEqual WeightN/AView Rating Details
3/2/2017Wells Fargo & CoReiterated RatingOutperform$35.00 -> $32.50N/AView Rating Details
3/2/2017Stifel NicolausBoost Price TargetBuy$34.00 -> $40.00N/AView Rating Details
3/1/2017Goldman Sachs Group IncUpgradeNeutral -> Buy$26.00 -> $29.00N/AView Rating Details
2/27/2017Robert W. BairdBoost Price TargetOutperform$25.00 -> $35.00N/AView Rating Details
2/27/2017Citigroup IncBoost Price TargetBuy$30.00 -> $35.00N/AView Rating Details
2/22/2017MKM PartnersInitiated CoverageBuy$30.00N/AView Rating Details
2/9/2017Bank of America CorpUpgradeUnderperform -> BuyN/AView Rating Details
2/3/2017Morgan StanleyBoost Price TargetOverweight$25.00 -> $32.00N/AView Rating Details
2/2/2017Needham & Company LLCReiterated RatingBuy$33.00N/AView Rating Details
1/30/2017Deutsche Bank AGBoost Price TargetBuy$26.00 -> $28.00N/AView Rating Details
12/31/2016ArgusBoost Price TargetBuy$22.00 -> $28.00N/AView Rating Details
12/30/2016Brean CapitalReiterated RatingBuyN/AView Rating Details
12/22/2016Cross ResearchUpgradeHold -> BuyN/AView Rating Details
12/21/2016Summit RedstoneUpgradeSell -> Buy$8.00 -> $26.00N/AView Rating Details
12/7/2016Standpoint ResearchUpgradeHold -> BuyN/AView Rating Details
11/30/2016NomuraBoost Price TargetBuy$23.00 -> $25.00N/AView Rating Details
9/26/2016Sanford C. BernsteinReiterated RatingNeutral$18.00N/AView Rating Details
9/16/2016Cleveland ResearchUpgradeNeutral -> BuyN/AView Rating Details
6/29/2016JPMorgan Chase & Co.Reiterated RatingBuy$15.00N/AView Rating Details
6/9/2016Sterne Agee CRTReiterated RatingPositive$18.00N/AView Rating Details
6/8/2016Evercore ISIReiterated RatingBuyN/AView Rating Details
4/15/2016Raymond James Financial, Inc.UpgradeOutperform -> Strong-Buy$14.00 -> $17.00N/AView Rating Details
4/1/2016Summit ResearchReiterated RatingBuy$14.00N/AView Rating Details
3/31/2016MacquarieDowngradeOutperform -> Neutral$14.00 -> $12.00N/AView Rating Details
3/31/2016Topeka Capital MarketsLower Price TargetBuy$16.00 -> $13.00N/AView Rating Details
3/24/2016WedbushReiterated RatingNeutral$11.50 -> $10.50N/AView Rating Details
1/3/2016KeyCorpReiterated RatingBuyN/AView Rating Details
12/29/2015JMP SecuritiesReiterated RatingBuyN/AView Rating Details
12/15/2015Maxim GroupReiterated RatingBuy$18.00 -> $15.00N/AView Rating Details
10/14/2015Jefferies Group LLCReiterated RatingBuyN/AView Rating Details
10/2/2015Piper Jaffray CompaniesReiterated RatingOverweight$23.00 -> $22.00N/AView Rating Details
8/7/2015Drexel HamiltonDowngradeBuy -> Hold$25.00 -> $19.00N/AView Rating Details
6/26/2015Roth CapitalLower Price TargetBuy$40.00 -> $33.00N/AView Rating Details
(Data available from 3/23/2015 forward)


Earnings History for Micron Technology (NASDAQ:MU)
Earnings by Quarter for Micron Technology (NASDAQ:MU)
Earnings History by Quarter for Micron Technology (NASDAQ:MU)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
3/23/2017Q2 2017$0.84N/AView Earnings Details
12/21/2016Q117$0.28$0.32$3.97 billionViewN/AView Earnings Details
10/4/2016Q416($0.17)($0.05)$3.22 billionViewN/AView Earnings Details
6/30/2016Q3($0.09)($0.08)$2.90 billionViewListenView Earnings Details
3/30/2016Q216($0.08)($0.05)$2.93 billionViewListenView Earnings Details
12/22/2015Q116$0.23$0.24$3.35 billionViewListenView Earnings Details
10/1/2015Q415$0.32$0.37$3.60 billionViewListenView Earnings Details
6/25/2015Q315$0.56$0.54$3.85 billionViewListenView Earnings Details
4/1/2015Q215$0.73$0.81$4.16 billion$4.17 billionViewN/AView Earnings Details
1/6/2015Q115$0.92$0.97$4.57 billionViewN/AView Earnings Details
9/25/2014Q414$0.80$0.82$4.23 billionViewN/AView Earnings Details
6/23/2014Q314$0.69$0.79$3.89 billion$3.98 billionViewN/AView Earnings Details
4/3/2014Q214$0.74$0.85$3.98 billion$4.11 billionViewN/AView Earnings Details
10/10/2013Q313$0.24$1.51$2.70 billion$2.84 billionViewN/AView Earnings Details
6/19/2013Q3 2013$0.02$0.04$2.24 billion$2.32 billionViewN/AView Earnings Details
3/21/2013Q2 2013($0.20)($0.28)$1.92 billion$2.08 billionViewN/AView Earnings Details
12/20/2012Q1 2013($0.20)($0.27)$2.02 million$1.83 billionViewN/AView Earnings Details
9/27/2012Q412($0.22)($0.24)$2.13 billion$1.96 billionViewN/AView Earnings Details
6/20/2012($0.20)($0.32)ViewN/AView Earnings Details
3/22/2012($0.20)($0.23)ViewN/AView Earnings Details
12/21/2011($0.10)($0.19)ViewN/AView Earnings Details
9/29/2011($0.14)ViewN/AView Earnings Details
6/23/2011$0.17$0.07ViewN/AView Earnings Details
3/23/2011$0.03$0.07ViewN/AView Earnings Details
12/22/2010$0.28$0.15$2.37 billion$2.30 billionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Micron Technology (NASDAQ:MU)
Current Year EPS Consensus Estimate: $3.02 EPS
Next Year EPS Consensus Estimate: $3.49 EPS


Dividend History for Micron Technology (NASDAQ:MU)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Micron Technology (NASDAQ:MU)
Insider Ownership Percentage: 0.69%
Institutional Ownership Percentage: 81.43%
Insider Trades by Quarter for Micron Technology (NASDAQ:MU)
Institutional Ownership by Quarter for Micron Technology (NASDAQ:MU)
Insider Trades by Quarter for Micron Technology (NASDAQ:MU)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
2/15/2017Brian ShirleyVPSell27,250$23.12$630,020.00View SEC Filing  
2/9/2017Steven L Thorsen JrVPSell126,000$24.64$3,104,640.00View SEC Filing  
1/6/2017Brian ShirleyVPSell90,580$22.09$2,000,912.20View SEC Filing  
12/22/2016Scott J DeboerVPSell48,780$23.00$1,121,940.00View SEC Filing  
10/25/2016Steven L Thorsen JrVPSell63,000$17.58$1,107,540.00View SEC Filing  
10/6/2016April S ArnzenVPSell11,424$17.72$202,433.28View SEC Filing  
10/4/2016Brian ShirleyVPSell90,014$17.84$1,605,849.76View SEC Filing  
8/29/2016Scott J DeboerVPSell31,500$17.05$537,075.00View SEC Filing  
7/5/2016Brian ShirleyVPSell48,750$12.37$603,037.50View SEC Filing  
1/21/2016Ernest E MaddockCFOBuy10,000$10.69$106,900.00View SEC Filing  
1/15/2016Joel L. PoppeninsiderSell47,685$11.10$529,303.50View SEC Filing  
12/24/2015Ernest E MaddockCFOBuy10,000$14.32$143,200.00View SEC Filing  
7/17/2015Robert L BaileyDirectorSell4,000$20.00$80,000.00View SEC Filing  
7/9/2015Ernest E MaddockCFOBuy5,000$17.50$87,500.00View SEC Filing  
5/1/2015Robert L BaileyDirectorSell4,000$28.93$115,720.00View SEC Filing  
4/22/2015Brian ShirleyVPSell64,750$29.00$1,877,750.00View SEC Filing  
4/20/2015Brian ShirleyVPSell25,000$28.08$702,000.00View SEC Filing  
4/16/2015Mercedes JohnsonDirectorSell18,250$27.92$509,540.00View SEC Filing  
4/1/2015Robert L BaileyDirectorSell4,000$27.14$108,560.00View SEC Filing  
3/2/2015Robert L BaileyDirectorSell4,000$31.20$124,800.00View SEC Filing  
2/18/2015Ronald C FosterCFOSell100,000$32.56$3,256,000.00View SEC Filing  
2/5/2015Mark AdamsPresidentSell35,500$29.31$1,040,505.00View SEC Filing  
1/20/2015Brian ShirleyVPSell73,750$29.82$2,199,225.00View SEC Filing  
1/16/2015Mercedes JohnsonDirectorSell18,250$29.12$531,440.00View SEC Filing  
1/2/2015Robert L BaileyDirectorSell2,000$34.76$69,520.00View SEC Filing  
12/9/2014Ronald C FosterCFOSell20,000$35.38$707,600.00View SEC Filing  
11/3/2014Robert L BaileyDirectorSell2,000$33.64$67,280.00View SEC Filing  
10/28/2014Steven L Thorsen JrVPSell91,250$32.48$2,963,800.00View SEC Filing  
10/14/2014Ronald C FosterCFOSell20,000$27.66$553,200.00View SEC Filing  
10/13/2014Scott J DeboerVPSell68,000$27.00$1,836,000.00View SEC Filing  
10/3/2014Brian ShirleyVPSell30,000$34.06$1,021,800.00View SEC Filing  
10/1/2014Robert L BaileyDirectorSell2,000$33.62$67,240.00View SEC Filing  
9/30/2014Ronald C FosterCFOSell50,000$34.41$1,720,500.00View SEC Filing  
9/29/2014Mark AdamsPresidentSell63,000$34.48$2,172,240.00View SEC Filing  
9/10/2014Ronald C FosterCFOSell20,000$31.89$637,800.00View SEC Filing  
9/2/2014Robert L BaileyDirectorSell2,000$31.91$63,820.00View SEC Filing  
8/12/2014Steven L Thorsen JrVPSell68,750$30.38$2,088,625.00View SEC Filing  
8/11/2014Ronald C FosterCFOSell20,000$30.68$613,600.00View SEC Filing  
8/1/2014Robert L BaileyDirectorSell2,000$31.01$62,020.00View SEC Filing  
7/16/2014Mercedes JohnsonDirectorSell18,250$34.42$628,165.00View SEC Filing  
7/9/2014Ronald C FosterCFOSell20,000$32.57$651,400.00View SEC Filing  
7/8/2014Thomas T EbyVPSell39,500$32.48$1,282,960.00View SEC Filing  
7/2/2014Brian ShirleyVPSell64,750$34.06$2,205,385.00View SEC Filing  
7/1/2014Joel L PoppenInsiderSell60,000$33.99$2,039,400.00View SEC Filing  
7/1/2014Robert L BaileyDirectorSell2,000$33.78$67,560.00View SEC Filing  
6/25/2014Mark AdamsPresidentSell100,000$32.11$3,211,000.00View SEC Filing  
6/10/2014Ronald C FosterCFOSell20,000$29.26$585,200.00View SEC Filing  
6/5/2014Lawrence N MondryDirectorSell10,000$29.10$291,000.00View SEC Filing  
6/2/2014Dermot Mark DurcanCEOSell200,000$28.42$5,684,000.00View SEC Filing  
6/2/2014Robert L BaileyDirectorSell2,000$28.50$57,000.00View SEC Filing  
5/13/2014Robert SwitzDirectorSell25,000$27.56$689,000.00View SEC Filing  
5/5/2014Lawrence MondryDirectorSell10,000$26.25$262,500.00View SEC Filing  
5/1/2014Robert BaileyDirectorSell2,000$26.40$52,800.00View SEC Filing  
4/23/2014Mark AdamsPresidentSell59,249$26.07$1,544,621.43View SEC Filing  
4/23/2014Michael SadlerVPSell133,000$26.23$3,488,590.00View SEC Filing  
4/23/2014Ronald FosterCFOSell20,000$26.26$525,200.00View SEC Filing  
4/22/2014Michael RayfieldVPSell15,000$26.10$391,500.00View SEC Filing  
4/21/2014Scott DeboerVPSell31,500$24.97$786,555.00View SEC Filing  
4/16/2014Scott DeboerVPSell25,000$22.51$562,750.00View SEC Filing  
4/15/2014Dermot Mark DurcanCEOSell200,000$21.90$4,380,000.00View SEC Filing  
4/9/2014Mark AdamsPresidentSell189,000$22.31$4,216,590.00View SEC Filing  
4/9/2014Ronald FosterCFOSell20,000$22.58$451,600.00View SEC Filing  
4/8/2014Patrick ByrneDirectorSell10,000$22.08$220,800.00View SEC Filing  
4/7/2014Lawrence MondryDirectorSell10,000$22.43$224,300.00View SEC Filing  
4/1/2014Mercedes JohnsonDirectorSell8,000$23.87$190,960.00View SEC Filing  
3/5/2014Lawrence MondryDirectorSell10,000$25.08$250,800.00View SEC Filing  
3/3/2014Robert BaileyDirectorSell2,000$24.36$48,720.00View SEC Filing  
2/11/2014Ronald FosterCFOSell20,000$24.80$496,000.00View SEC Filing  
2/11/2014Scott DeboerVPSell3,200$24.60$78,720.00View SEC Filing  
2/5/2014Lawrence MondryDirectorSell10,000$23.22$232,200.00View SEC Filing  
2/3/2014Robert BaileyDirectorSell2,000$23.06$46,120.00View SEC Filing  
1/16/2014Robert SwitzDirectorSell30,000$23.03$690,900.00View SEC Filing  
1/16/2014Steven Thorsen, Jr.VPSell60,000$23.02$1,381,200.00View SEC Filing  
1/15/2014Joel PoppenInsiderSell37,000$23.63$874,310.00View SEC Filing  
1/14/2014Brian ShirleyVPSell147,500$23.58$3,478,050.00View SEC Filing  
1/10/2014Brian ShieldsVPSell240,000$23.44$5,625,600.00View SEC Filing  
1/10/2014Lawrence MondryDirectorSell30,000$23.50$705,000.00View SEC Filing  
1/10/2014Ronald FosterCFOSell215,000$23.59$5,071,850.00View SEC Filing  
1/9/2014Mark AdamsPresidentSell168,492$23.41$3,944,397.72View SEC Filing  
11/21/2013Scott DeboerVPSell165,250$20.00$3,305,000.00View SEC Filing  
11/12/2013Brian ShirleyVPSell244,500$18.36$4,489,020.00View SEC Filing  
11/1/2013Robert L BaileyDirectorSell4,000$17.59$70,360.00View SEC Filing  
10/17/2013Patrick T OtteVPSell175,651$16.95$2,977,284.45View SEC Filing  
10/7/2013Scott DeboerVPSell26,750$18.60$497,550.00View SEC Filing  
9/9/2013Scott J DeboerVPSell1,600$15.42$24,672.00View SEC Filing  
9/5/2013Ronald FosterCFOSell40,200$14.01$563,202.00View SEC Filing  
9/4/2013Scott DeboerVPSell111,250$15.03$1,672,087.50View SEC Filing  
9/3/2013Robert BaileyDirectorSell4,000$13.97$55,880.00View SEC Filing  
9/3/2013Ronald FosterCFOSell31,600$13.92$439,872.00View SEC Filing  
8/14/2013Ronald FosterCFOSell20,000$14.80$296,000.00View SEC Filing  
8/14/2013Scott DeboerVPSell14,800$15.00$222,000.00View SEC Filing  
8/13/2013Ronald FosterCFOSell80,000$14.26$1,140,800.00View SEC Filing  
8/1/2013Robert L BaileyDirectorSell4,000$13.50$54,000.00View SEC Filing  
8/1/2013Ronald C FosterCFOSell10,400$13.55$140,920.00View SEC Filing  
7/24/2013Thomas T EbyVPSell68,213$13.19$899,729.47View SEC Filing  
7/5/2013Glen HawkVPSell64,750$14.29$925,277.50View SEC Filing  
7/5/2013Ronald C FosterCFOSell60,000$14.32$859,200.00View SEC Filing  
7/1/2013Mercedes JohnsonDirectorSell8,000$14.50$116,000.00View SEC Filing  
7/1/2013Ronald C FosterCFOSell36,673$14.41$528,457.93View SEC Filing  
7/1/2013Scott J DeboerVPSell15,000$14.52$217,800.00View SEC Filing  
6/28/2013Ronald C FosterCFOSell40,000$14.10$564,000.00View SEC Filing  
6/26/2013Michael W SadlerVPSell193,750$14.05$2,722,187.50View SEC Filing  
6/25/2013Mark AdamsPresidentSell100,000$13.66$1,366,000.00View SEC Filing  
6/24/2013Brian ShirleyVPSell94,750$13.40$1,269,650.00View SEC Filing  
6/21/2013Glen HawkVPSell48,346$13.81$667,658.26View SEC Filing  
6/17/2013Scott J DeboerVPSell40,000$13.27$530,800.00View SEC Filing  
6/3/2013Robert L BaileyDirectorSell4,000$11.72$46,880.00View SEC Filing  
6/3/2013Ronald C. FosterCFOSell18,500$11.48$212,380.00View SEC Filing  
5/14/2013Ronald C FosterCFOSell40,000$10.64$425,600.00View SEC Filing  
5/8/2013Scott J DeboerVPSell20,000$10.00$200,000.00View SEC Filing  
5/7/2013Ronald C FosterCFOSell20,000$9.90$198,000.00View SEC Filing  
5/1/2013Robert L BaileyDirectorSell4,000$9.26$37,040.00View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for Micron Technology (NASDAQ:MU)
Latest Headlines for Micron Technology (NASDAQ:MU)
News IconMicron Technology's (MU) Positive Rating Reiterated at Susquehanna Bancshares Inc (NASDAQ:MU)
www.americanbankingnews.com - March 23 at 10:23 AM
us.rd.yahoo.com logoUp 19% in 2016 Already, Micron's Big Night Is Here (NASDAQ:MU)
us.rd.yahoo.com - March 23 at 8:48 AM
biz.yahoo.com logoQ2 2017 Micron Technology Inc Earnings Release - After Market Close (NASDAQ:MU)
us.rd.yahoo.com - March 23 at 8:48 AM
thestreet.com logoMarket Recon: Focus on Capital Preservation Ahead of Health Care Vote (NASDAQ:MU)
us.rd.yahoo.com - March 23 at 8:48 AM
investorplace.com logo3 Stocks to Watch on Thursday: FireEye Inc (FEYE), Facebook Inc (FB) and Micron Technology, Inc. (MU) (NASDAQ:MU)
investorplace.com - March 23 at 8:27 AM
us.rd.yahoo.com logoCredit Suisse Sees 40% Upside In Micron Shares (NASDAQ:MU)
us.rd.yahoo.com - March 22 at 6:46 PM
us.rd.yahoo.com logoTech Today: UniPixel Soars, Snap Rising, Micron Closing the Gap, Arista Rising (NASDAQ:MU)
us.rd.yahoo.com - March 22 at 6:46 PM
us.rd.yahoo.com logoInstinet on Micron: Too Much Pessimism (NASDAQ:MU)
us.rd.yahoo.com - March 22 at 6:46 PM
us.rd.yahoo.com logoMicron: Closing the Cost Gap with Samsung, Says Credit Suisse (NASDAQ:MU)
us.rd.yahoo.com - March 22 at 6:46 PM
News IconCredit Suisse Group AG Boosts Micron Technology, Inc. (MU) Price Target to $35.00 (NASDAQ:MU)
www.americanbankingnews.com - March 22 at 2:25 PM
investorplace.com logoHow to Trade Micron Technology, Inc. (MU) Stock After Earnings (NASDAQ:MU)
investorplace.com - March 22 at 9:13 AM
News IconCowen and Company Reaffirms "Outperform" Rating for Micron Technology, Inc. (MU) (NASDAQ:MU)
www.americanbankingnews.com - March 22 at 8:41 AM
News IconMicron Technology, Inc. (MU) to Release Earnings on Thursday (NASDAQ:MU)
www.americanbankingnews.com - March 22 at 7:37 AM
News IconMicron Technology, Inc. (MU) Lifted to "Strong-Buy" at Vetr Inc. (NASDAQ:MU)
www.americanbankingnews.com - March 22 at 12:34 AM
News IconMicron Technology, Inc. (MU) Given "Buy" Rating at Rosenblatt Securities (NASDAQ:MU)
www.americanbankingnews.com - March 21 at 11:58 PM
investorplace.com logoHow Micron Technology, Inc. (MU) Stock Can Deliver the Goods (NASDAQ:MU)
investorplace.com - March 21 at 10:30 AM
investorplace.com logoTuesday’s Vital Data: Advanced Micro Devices, Inc. (AMD), Micron Technology, Inc. (MU) and Nvidia Corporation (NVDA) (NASDAQ:MU)
investorplace.com - March 21 at 9:34 AM
seekingalpha.com logoMicron: Buy But Proceed With Caution (NASDAQ:MU)
seekingalpha.com - March 20 at 4:52 PM
blogs.barrons.com logoMicron Stock Reflects Too Much Pessimism, Says Instinet (NASDAQ:MU)
blogs.barrons.com - March 20 at 4:52 PM
thestreet.com logoMicron Stock Climbs on Instinet's Reiterated 'Buy' (NASDAQ:MU)
www.thestreet.com - March 20 at 4:52 PM
thestreet.com logoIntel and Micron's New High-Speed Memory Represents a Huge Opportunity (NASDAQ:MU)
www.thestreet.com - March 20 at 4:52 PM
seekingalpha.com logoInstinet reiterates Micron Technology at Buy (NASDAQ:MU)
seekingalpha.com - March 20 at 3:51 PM
News IconInstinet Reaffirms Buy Rating for Micron Technology, Inc. (MU) (NASDAQ:MU)
www.americanbankingnews.com - March 20 at 12:16 PM
finance.yahoo.com logoMicron Technology (MU) Q2 Earnings: What's in the Cards? (NASDAQ:MU)
finance.yahoo.com - March 20 at 10:07 AM
News IconMicron Technology, Inc. (MU) Price Target Increased to $35.00 by Analysts at Robert W. Baird (NASDAQ:MU)
www.americanbankingnews.com - March 19 at 10:42 PM
News IconMicron Technology, Inc. (MU) Given New $35.00 Price Target at Citigroup Inc (NASDAQ:MU)
www.americanbankingnews.com - March 19 at 10:42 PM
seekingalpha.com logoAbout: Micron Technology (MU) - Seeking Alpha (NASDAQ:MU)
seekingalpha.com - March 17 at 8:43 AM
investorplace.com logoMicron Technology, Inc. (MU) Stock Still Has More Room to Run (NASDAQ:MU)
investorplace.com - March 17 at 7:17 AM
News IconMicron Technology, Inc. (MU) Given Buy Rating at Mizuho (NASDAQ:MU)
www.americanbankingnews.com - March 16 at 8:27 PM
nasdaq.com logoTuesday's Vital Data: Apple Inc. (AAPL), Mobileye NV (MBLY) and Micron Technology, Inc. (MU) - Nasdaq (NASDAQ:MU)
www.nasdaq.com - March 16 at 9:06 AM
seekingalpha.com logoMicron: Manassas Miracle! - Seeking Alpha (NASDAQ:MU)
seekingalpha.com - March 16 at 9:06 AM
us.rd.yahoo.com logoMicron: Don't Sweat Samsung 7-Nano Talk, Says Susquehanna (NASDAQ:MU)
us.rd.yahoo.com - March 15 at 6:53 PM
News IconWeekly Investment Analysts’ Ratings Changes for Micron Technology (MU) (NASDAQ:MU)
www.americanbankingnews.com - March 15 at 2:57 PM
investorplace.com logoGo Long Micron Technology, Inc. (MU) Stock While Everyone’s Wrong (NASDAQ:MU)
investorplace.com - March 15 at 10:28 AM
seekingalpha.com logoShort Semiconductors? Not Ahead Of Micron Technology's Earnings Results (NASDAQ:MU)
seekingalpha.com - March 14 at 10:59 AM
finance.yahoo.com logoIntel Surprises Investors with New Acquisition, Micron Technology Looks to Parallel Sector Rise (NASDAQ:MU)
finance.yahoo.com - March 14 at 10:59 AM
News IconMicron Technology, Inc. (MU) Rating Lowered to Buy at Vetr Inc. (NASDAQ:MU)
www.americanbankingnews.com - March 14 at 2:14 AM
investorplace.com logoMicron Technology, Inc. (MU) Stock Could Be More Trouble Than You Think - Investorplace.com (NASDAQ:MU)
investorplace.com - March 12 at 6:01 PM
News IconMicron Technology, Inc. (MU) Downgraded by Vetr Inc. to “Buy” (NASDAQ:MU)
www.americanbankingnews.com - March 12 at 2:48 PM
News IconShort Interest in Micron Technology, Inc. (MU) Declines By 6.5% (NASDAQ:MU)
www.americanbankingnews.com - March 11 at 7:33 AM
investorplace.com logoMicron Technology, Inc. (MU) Stock Could Be More Trouble Than You Think (NASDAQ:MU)
investorplace.com - March 10 at 10:18 AM
News IconMicron Technology, Inc. (MU) Upgraded by Vetr Inc. to “Strong-Buy” (NASDAQ:MU)
www.americanbankingnews.com - March 9 at 1:27 AM
us.rd.yahoo.com logoMicron Technology: Shares Continued to Rise Last Week (NASDAQ:MU)
us.rd.yahoo.com - March 7 at 6:31 PM
investorplace.com logoDon’t Argue, Just Buy Micron Technology Inc. (MU) Stock (NASDAQ:MU)
investorplace.com - March 7 at 1:01 PM
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investorplace.com - March 7 at 12:49 PM
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investorplace.com - March 6 at 12:45 PM
us.rd.yahoo.com logoMicron on the move (NASDAQ:MU)
us.rd.yahoo.com - March 3 at 6:42 PM
fool.com logoSome Good News for Micron Technology, Inc.'s Graphics Memory Biz (NASDAQ:MU)
www.fool.com - March 3 at 3:51 PM
feeds.benzinga.com logoMicron's Increased Guidance Raises Q2 Estimates Significantly (NASDAQ:MU)
feeds.benzinga.com - March 3 at 11:16 AM
investorplace.com logoTrade of the Day: Micron Technology, Inc. (MU) Stock in a Strong Bull Channel (NASDAQ:MU)
investorplace.com - March 3 at 8:11 AM


Frequently Asked Questions for Micron Technology (NASDAQ:MU)

What is Micron Technology's stock symbol?

Micron Technology trades on the NASDAQ under the ticker symbol "MU."

How were Micron Technology's earnings last quarter?

Micron Technology, Inc. (NASDAQ:MU) issued its quarterly earnings data on Thursday, June, 30th. The company reported ($0.08) earnings per share for the quarter, beating the Zacks' consensus estimate of ($0.09) by $0.01. The company had revenue of $2.90 billion for the quarter. Micron Technology had a negative net margin of 2.32% and a positive return on equity of 0.81%. The firm's revenue for the quarter was down 24.8% on a year-over-year basis. During the same quarter last year, the company earned $0.54 EPS.

When will Micron Technology make its next earnings announcement?

Micron Technology is scheduled to release their next quarterly earnings announcement on Tuesday, March, 28th 2017.

What guidance has Micron Technology issued on next quarter's earnings?

Micron Technology updated its first quarter earnings guidance on Wednesday, October, 5th. The company provided earnings per share (EPS) guidance of $0.13-0.21 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.12. The company issued revenue guidance of $3.55-3.85 billion, compared to the consensus revenue estimate of $3.48 billion.

Where is Micron Technology's stock going? Where will Micron Technology's stock price be in 2017?

35 analysts have issued 1-year target prices for Micron Technology's stock. Their predictions range from $9.00 to $40.00. On average, they anticipate Micron Technology's stock price to reach $25.22 in the next twelve months.

What are analysts saying about Micron Technology stock?

Here are some recent quotes from research analysts about Micron Technology stock:

  • 1. Cowen and Company analysts commented, "The cat is 'out of the bag' for FQ2 (Feb) but costs are the real story as the #s imply MU finally has its 'house in order' and not just riding the pricing wave. See FQ3 (May) EPS ~$1.00 (again above Street) meaning MU's multiple has compressed 'bigly' since '14 ' nonsensical given that MU was bit constrained and DRAM market dynamics were more cyclical during that time." (3/22/2017)
  • 2. Instinet analysts commented, "We expect Micron to generate substantially higher free cash flow in the coming periods, resulting in a much stronger balance sheet. This should help support the multiple... in-line with revised guidance during the first week of March, we are raising our estimates" (3/20/2017)
  • 3. Wells Fargo & Co analysts commented, "Today (3/2/2017) Micron raised its February quarter guidance, noting that the increase in expectation is driven by mix, cost improvements, and pricing. Micron noted that overall demand continues to be healthy and expects positive momentum to extend into the May quarter. We are reiterating our Outperform rating on Micron. Our FY2017 GAAP EPS estimate increases to $2.92 from a prior $1.87. Our FY2018 GAAP EPS estimate increases to $3.92 from a prior $2.47. We have not yet included one-timer or ongoing amortization charges from the Inotera acquisition in our model. We are raising our valuation range to $30-$35 from a prior $27-$32, based on approximately 7.7-9x our FY18 EPS estimate of $3.92." (3/2/2017)
  • 4. Robert W. Baird analysts commented, "Supply/demand outlook for both DRAM and NAND remain positive for 2017. Micron's execution in the ramp of 18nm DRAM is much improved from prior nodes, in our view. Concerns about a 2H17 peak in NAND supply/demand trends are unwarranted, in our view, and we expect tightness throughout the year, notably as 2D capacity needs to be decommissioned in order for 3D capacity to ramp. Outperform-rated." (2/27/2017)
  • 5. According to Zacks Investment Research, "Memory chipmaker Micron is likely to benefit from the improving prices of DRAM and NAND chips as a result of better product mix optimization and stronger-than-expected demand for PCs, servers and mobiles. Moreover, industry experts believe that total demand could surpass manufacturing capacity, leading to a periodic shortage and higher pricing in the near term. We believe that any increase in prices will have a favorable impact on the company’s top line, the benefit of which is likely to flow down to the bottom line. Additionally, we are positive about the company’s strategy of enhancing capabilities through acquisitions which are likely to boost its top-line performance going forward. However, after acquiring SanDisk, Western Digital has become a key player in the NAND space, which could increase competition in the industry." (2/21/2017)

Are investors shorting Micron Technology?

Micron Technology saw a decline in short interest in February. As of February 28th, there was short interest totalling 45,860,845 shares, a decline of 6.5% from the February 15th total of 49,031,725 shares. Based on an average daily trading volume, of 20,479,915 shares, the days-to-cover ratio is presently 2.2 days.

Who owns Micron Technology stock?

Micron Technology's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (1.26%), Norges Bank (0.90%), Arrowstreet Capital Limited Partnership (0.62%), Stelliam Investment Management LP (0.36%), TCW Group Inc. (0.35%) and Fred Alger Management Inc. (0.34%). Company insiders that own Micron Technology stock include April S Arnzen, Brian Shirley, Ernest E Maddock, Joel L Poppen, Mercedes Johnson, Robert L Bailey, Scott J Deboer and Steven L Thorsen Jr.

Who sold Micron Technology stock? Who is selling Micron Technology stock?

Micron Technology's stock was sold by a variety of institutional investors in the last quarter, including Aviva PLC, Stelliam Investment Management LP, Thompson Siegel & Walmsley LLC, I.G. Investment Management LTD., Van ECK Associates Corp, Employees Retirement System of Texas, Cavalry Management Group LLC and Pinnacle Associates Ltd.. Company insiders that have sold Micron Technology stock in the last year include April S Arnzen, Brian Shirley, Scott J Deboer and Steven L Thorsen Jr.

Who bought Micron Technology stock? Who is buying Micron Technology stock?

Micron Technology's stock was purchased by a variety of institutional investors in the last quarter, including Norges Bank, Arrowstreet Capital Limited Partnership, Fred Alger Management Inc., Appaloosa LP, AQR Capital Management LLC, Asset Management One Co. Ltd., Assenagon Asset Management S.A. and Janus Capital Management LLC.

How do I buy Micron Technology stock?

Shares of Micron Technology can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Micron Technology stock cost?

One share of Micron Technology stock can currently be purchased for approximately $26.06.

Micron Technology (MU) Chart for Thursday, March, 23, 2017

This page was last updated on 3/23/2017 by MarketBeat.com Staff