Micron Technology (MU) Stock Price, News & Analysis

Company Overview

Micron Technology, Inc. (NASDAQ:MU) is a global leader in advanced memory and storage solutions, specializing in DRAM, NAND flash, and NOR memory products. Headquartered in Boise, Idaho, Micron designs, manufactures, and markets a broad portfolio of memory technologies that serve computing, graphics, networking, mobile, automotive, industrial, and consumer electronics applications around the world.

The company’s product lineup encompasses commodity and specialty DRAM, high-performance NAND flash, multichip packages, memory modules and solid-state drives. Micron’s innovations span DDR, LPDDR, GDDR and 3D NAND technologies, enabling higher bandwidth, lower power consumption and increased storage densities for data centers, smartphones, PCs and embedded systems.

Founded in 1978, Micron has expanded through strategic acquisitions such as Elpida Memory in 2013 and joint ventures like IM Flash Technologies. With R&D and manufacturing facilities in North America, Asia and Europe, the company maintains a global supply chain and invests heavily in next-generation process technologies. Micron’s development centers foster collaboration with equipment suppliers and research institutions to advance scaling, packaging and memory integration.

Under the leadership of President and Chief Executive Officer Sanjay Mehrotra and a seasoned executive team, Micron continues to focus on technology leadership, operational efficiency and sustainable growth. The company’s strategic initiatives include expanding production capacity, accelerating new node development and supporting industry standards for memory interoperability. Micron remains committed to delivering high-performance and energy-efficient memory solutions that address the evolving demands of the data-driven economy.

Key Stats

• Today's Range: $121.83 to $123.63
• 50-Day Range: $76.88 to $127.91
• 52-Week Range: $61.54 to $137.13
• Volume: 13.25 million shs
• Average Volume: 23.34 million shs
• Market Capitalization: $136.56 billion
• P/E Ratio: 21.99
• Dividend Yield: 0.38%
• Price Target: $146.21
• Consensus Rating: Moderate Buy

Micron Technology Stock Analysis - MarketRank™

Micron Technology scored higher than 99% of companies evaluated by MarketBeat, and ranked 8th out of 668 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Micron Technology has received a consensus rating of Moderate Buy. The company's average rating score is 2.83, and is based on 19 buy ratings, 3 hold ratings, and 1 sell rating.

Amount of Analyst Coverage

Micron Technology has been the subject of 19 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 75.49%

Earnings Growth

Earnings for Micron Technology are expected to grow by 75.49% in the coming year, from $6.08 to $10.67 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Micron Technology is 21.99, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 25.54.

Price to Earnings Ratio vs. Sector

The P/E ratio of Micron Technology is 21.99, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 36.31.

Price to Book Value per Share Ratio

Micron Technology has a P/B Ratio of 2.69. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.54% of the float of Micron Technology has been sold short.

Short Interest Ratio / Days to Cover

Micron Technology has a short interest ratio ("days to cover") of 1.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Micron Technology has recently decreased by 12.24%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Micron Technology has a dividend yield of 0.38%, which is in the bottom 25% of all stocks that pay dividends.

Dividend Growth

Micron Technology does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Micron Technology is 11.03%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Micron Technology will have a dividend payout ratio of 4.31% next year. This indicates that Micron Technology will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 1.8 / 5
• Environmental Score: -2.35

Percentage of Shares Shorted

2.54% of the float of Micron Technology has been sold short.

Short Interest Ratio / Days to Cover

Micron Technology has a short interest ratio ("days to cover") of 1.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Micron Technology has recently decreased by 12.24%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.8 / 5
• News Sentiment: 0.89

News Sentiment

Micron Technology has a news sentiment score of 0.89. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.61 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 108 news articles for Micron Technology this week, compared to 53 articles on an average week.

Search Interest

294 people have searched for MU on MarketBeat in the last 30 days. This is an increase of 139% compared to the previous 30 days.

MarketBeat Follows

115 people have added Micron Technology to their MarketBeat watchlist in the last 30 days. This is an increase of 211% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Micron Technology insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $31,154,717.00 in company stock.

Percentage Held by Insiders

Only 0.30% of the stock of Micron Technology is held by insiders.

Percentage Held by Institutions

80.84% of the stock of Micron Technology is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

MU Stock Analysis - Frequently Asked Questions

How have MU shares performed this year?

Micron Technology's stock was trading at $84.16 on January 1st, 2025. Since then, MU shares have increased by 45.0% and is now trading at $122.0250.

How were Micron Technology's earnings last quarter?

Micron Technology, Inc. (NASDAQ:MU) released its quarterly earnings data on Wednesday, June, 25th. The semiconductor manufacturer reported $1.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.57 by $0.34. The semiconductor manufacturer had revenue of $9.30 billion for the quarter, compared to analyst estimates of $8.83 billion. Micron Technology had a net margin of 18.41% and a trailing twelve-month return on equity of 13.60%.
Read the conference call transcript.

Does Micron Technology have any subsidiaries?

The following companies are subsidiaries of Micron Technology: Fwdnxt, IM Flash, Inotera, TiDAL Systems, Convey Computer, Pico Computing, Rexchip Electronics, and more.

Who are Micron Technology's major shareholders?

Top institutional shareholders of Micron Technology include Arvest Investments Inc., Doliver Advisors LP, Central Pacific Bank Trust Division and Fiduciary Financial Group LLC. Insiders that own company stock include Sanjay Mehrotra, Manish H Bhatia, Sumit Sadana, Scott J Deboer, April S Arnzen, Michael W Bokan, Richard M Beyer, Scott R Allen, Robert P Beard, Steven J Gomo and Mary Pat Mccarthy.
View institutional ownership trends.

How do I buy shares of Micron Technology?

Shares of MU stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Micron Technology own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Micron Technology investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Alibaba Group (BABA), Tesla (TSLA), GE Aerospace (GE) and Intel (INTC).

Company Calendar

• Record date for 4/15 Dividend: 3/31/2025
• Ex-Dividend for 4/15 Dividend: 3/31/2025
• Dividend Payable: 4/15/2025
• Last Earnings: 6/25/2025
• Today: 7/03/2025
• Record date for 7/22 Dividend: 7/07/2025
• Ex-Dividend for 7/22 Dividend: 7/07/2025
• Dividend Payable: 7/22/2025
• Fiscal Year End: 8/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: COMP - INTEGT SYS
• Sub-Industry: Semiconductors
• Current Symbol: NASDAQ:MU
• CIK: 723125
• Web: www.micron.com
• Phone: (208) 368-4000
• Fax: 208-368-4435
• Employees: 48,000
• Year Founded: 1978

Price Target and Rating

• Average Stock Price Target: $146.21
• High Stock Price Target: $200.00
• Low Stock Price Target: $67.00
• Potential Upside/Downside: +19.7%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.83
• Research Coverage: 24 Analysts

Profitability

• EPS (Trailing Twelve Months): $4.17
• Trailing P/E Ratio: 22.00
• Forward P/E Ratio: 20.08
• P/E Growth: N/A
• Net Income: $778 million
• Net Margins: 18.41%
• Pretax Margin: 22.28%
• Return on Equity: 13.60%
• Return on Assets: 8.90%

Debt

• Debt-to-Equity Ratio: 0.30
• Current Ratio: 2.75
• Quick Ratio: 1.89

Sales & Book Value

• Annual Sales: $25.11 billion
• Price / Sales: 5.44
• Cash Flow: $7.68 per share
• Price / Cash Flow: 15.90
• Book Value: $45.35 per share
• Price / Book: 2.69

Miscellaneous

• Outstanding Shares: 1,119,120,000
• Free Float: 1,115,768,000
• Market Cap: $136.66 billion
• Optionable: Optionable
• Beta: 1.35