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S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13

Micron Technology Stock Forecast, Price & News

$81.62
-1.26 (-1.52%)
(As of 12/3/2021 04:00 PM ET)
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Today's Range
$80.64
$84.43
50-Day Range
$66.38
$86.21
52-Week Range
$65.67
$96.96
Volume
19.16 million shs
Average Volume
20.58 million shs
Market Capitalization
$91.30 billion
P/E Ratio
15.85
Dividend Yield
0.48%
Beta
1.15
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Micron Technology logo

About Micron Technology

Micron Technology, Inc. engages in the provision of innovative memory and storage solutions. It operates through the following segments: Compute & Networking Business Unit (CNBU), Mobile Business Unit (MBU), Storage Business Unit (SBU), and Embedded Business Unit (EBU). The CNBU segment includes memory products sold into cloud server, enterprise, client, graphics, and networking markets. The MBU segment offers memory products sold into smartphone and other mobile-device markets. The SBU segment comprises of SSDs and component-level solutions sold into enterprise and cloud, client, and consumer storage markets, and other discrete storage products sold in component and wafer forms. The EBU segment consists of memory and storage products sold into automotive, industrial, and consumer markets. The company was founded by Ward D. Parkinson, Joseph Leon Parkinson, Dennis Wilson, and Doug Pitman on October 5, 1978 and is headquartered in Boise, ID.

Headlines

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Industry, Sector and Symbol

Industry
Semiconductors & related devices
Sub-Industry
Semiconductors
CUSIP
59511210
Employees
43,000
Year Founded
1978

Sales & Book Value

Annual Sales
$27.71 billion
Cash Flow
$11.29 per share
Book Value
$39.03 per share

Profitability

Net Income
$5.86 billion
Pretax Margin
22.44%

Debt

Price-To-Earnings

Miscellaneous

Outstanding Shares
1,118,620,000
Free Float
1,116,610,000
Market Cap
$91.30 billion
Optionable
Optionable

Company Calendar

Last Earnings
9/27/2021
Ex-Dividend
9/30/2021
Dividend Payable
10/18/2021
Today
12/05/2021
Next Earnings (Confirmed)
12/20/2021
Fiscal Year End
8/31/2022

Social Links


MarketRank

Overall MarketRank

3.46 out of 5 stars

Computer And Technology Sector

1st out of 892 stocks

Semiconductors & Related Devices Industry

1st out of 119 stocks

Analyst Opinion: 4.4Community Rank: 5.0Dividend Strength: 1.7Insider Behavior: 2.5Valuation: 3.8 5 -4 -3 -2 -1 -












Micron Technology (NASDAQ:MU) Frequently Asked Questions

Is Micron Technology a buy right now?

31 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Micron Technology in the last twelve months. There are currently 1 sell rating, 7 hold ratings, 22 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Micron Technology stock.
View analyst ratings for Micron Technology
or view top-rated stocks.

How has Micron Technology's stock been impacted by Coronavirus (COVID-19)?

Micron Technology's stock was trading at $43.72 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, MU stock has increased by 86.7% and is now trading at $81.62.
View which stocks have been most impacted by COVID-19
.

When is Micron Technology's next earnings date?

Micron Technology is scheduled to release its next quarterly earnings announcement on Monday, December 20th 2021.
View our earnings forecast for Micron Technology
.

How can I listen to Micron Technology's earnings call?

Micron Technology will be holding an earnings conference call on Monday, December 20th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link.

How were Micron Technology's earnings last quarter?

Micron Technology, Inc. (NASDAQ:MU) announced its quarterly earnings data on Monday, September, 27th. The semiconductor manufacturer reported $2.42 EPS for the quarter, beating the consensus estimate of $2.33 by $0.09. The semiconductor manufacturer earned $8.27 billion during the quarter, compared to analyst estimates of $8.21 billion. Micron Technology had a trailing twelve-month return on equity of 15.98% and a net margin of 21.16%. The firm's quarterly revenue was up 36.6% on a year-over-year basis. During the same period in the previous year, the firm posted $1.00 EPS.
View Micron Technology's earnings history
.

How often does Micron Technology pay dividends? What is the dividend yield for Micron Technology?

Micron Technology declared a quarterly dividend on Monday, August 2nd. Stockholders of record on Friday, October 1st will be given a dividend of $0.10 per share on Monday, October 18th. This represents a $0.40 annualized dividend and a yield of 0.49%. The ex-dividend date is Thursday, September 30th.
View Micron Technology's dividend history
.

Is Micron Technology a good dividend stock?

Micron Technology pays an annual dividend of $0.40 per share and currently has a dividend yield of 0.48%. Micron Technology does not yet have a strong track record of dividend growth. The dividend payout ratio of Micron Technology is 7.77%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Micron Technology will have a dividend payout ratio of 3.74% next year. This indicates that Micron Technology will be able to sustain or increase its dividend.
View Micron Technology's dividend history.

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

Micron Technology updated its first quarter 2022 earnings guidance on Tuesday, October, 26th. The company provided earnings per share (EPS) guidance of $2.000-$2.200 for the period, compared to the Thomson Reuters consensus estimate of $2.610. The company issued revenue guidance of $7.45 billion-$7.85 billion, compared to the consensus revenue estimate of $8.63 billion.

What price target have analysts set for MU?

31 brokers have issued 1-year price objectives for Micron Technology's shares. Their forecasts range from $58.00 to $165.00. On average, they anticipate Micron Technology's share price to reach $103.55 in the next year. This suggests a possible upside of 26.9% from the stock's current price.
View analysts' price targets for Micron Technology
or view top-rated stocks among Wall Street analysts.

Who are Micron Technology's key executives?

Micron Technology's management team includes the following people:

What is Sanjay Mehrotra's approval rating as Micron Technology's CEO?

669 employees have rated Micron Technology CEO Sanjay Mehrotra on Glassdoor.com. Sanjay Mehrotra has an approval rating of 79% among Micron Technology's employees.

What other stocks do shareholders of Micron Technology own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Micron Technology investors own include NVIDIA (NVDA), Alibaba Group (BABA), General Electric (GE), (CGC), Advanced Micro Devices (AMD), CA (CA), Intel (INTC), Endologix (ELGX), Tesla (TSLA) and Bank of America (BAC).

What is Micron Technology's stock symbol?

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

Who are Micron Technology's major shareholders?

Micron Technology's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Primecap Management Co. CA (3.88%), Sanders Capital LLC (3.61%), Capital Research Global Investors (2.19%), Geode Capital Management LLC (1.67%), Capital World Investors (1.33%) and Bank of New York Mellon Corp (1.04%). Company insiders that own Micron Technology stock include April S Arnzen, April S Arnzen, David Zinsner, Joel L Poppen, Joel L Poppen, Manish H Bhatia, Paul Marosvari, Scott J Deboer and Sumit Sadana.
View institutional ownership trends for Micron Technology
.

Which institutional investors are selling Micron Technology stock?

MU stock was sold by a variety of institutional investors in the last quarter, including Calamos Advisors LLC, Assenagon Asset Management S.A., Arrowstreet Capital Limited Partnership, Deutsche Bank AG, Macquarie Group Ltd., Citadel Advisors LLC, Invesco Ltd., and Bank of New York Mellon Corp. Company insiders that have sold Micron Technology company stock in the last year include April S Arnzen, David Zinsner, Joel L Poppen, Manish H Bhatia, Scott J Deboer, and Sumit Sadana.
View insider buying and selling activity for Micron Technology
or view top insider-selling stocks.

Which institutional investors are buying Micron Technology stock?

MU stock was acquired by a variety of institutional investors in the last quarter, including Capital World Investors, Capital Research Global Investors, Hsbc Holdings PLC, Sanders Capital LLC, Millennium Management LLC, SG Americas Securities LLC, Voloridge Investment Management LLC, and Nordea Investment Management AB.
View insider buying and selling activity for Micron Technology
or or view top insider-buying stocks.

How do I buy shares of Micron Technology?

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

What is Micron Technology's stock price today?

One share of MU stock can currently be purchased for approximately $81.62.

How much money does Micron Technology make?

Micron Technology has a market capitalization of $91.30 billion and generates $27.71 billion in revenue each year. The semiconductor manufacturer earns $5.86 billion in net income (profit) each year or $5.15 on an earnings per share basis.

How many employees does Micron Technology have?

Micron Technology employs 43,000 workers across the globe.

Does Micron Technology have any subsidiaries?

The following companies are subsidiares of Micron Technology: Convey Computer, DisplayTech, Elpida Memory, Fwdnxt, IM Flash, Inotera, Lexar, Micron Asia Pacific LLC, Micron Europe Limited, Micron International LLC, Micron Japan Ltd., Micron Memory Japan G.K., Micron Memory Malaysia SD, Micron Memory Taiwan Co. Ltd., Micron Semiconductor (Xi’an) Co. Ltd., Micron Semiconductor Asia LLC, Micron Semiconductor Asia Operations Pte. Ltd., Micron Semiconductor Asia Pte. Ltd., Micron Semiconductor Products Inc., Micron Semiconductor Taiwan Co. Ltd., Micron Technology B.V., Micron Technology Taiwan Inc., Micron Technology Utah LLC, NetFRAME Systems, Numonyx, Photobit Corp., Pico Computing, Rendition Inc., Rexchip Electronics, TiDAL Systems, and VirtenSys.

When was Micron Technology founded?

Micron Technology was founded in 1978.

What is Micron Technology's official website?

The official website for Micron Technology is www.micron.com.

Where are Micron Technology's headquarters?

Micron Technology is headquartered at 8000 S FEDERAL WAY, BOISE ID, 83716.

How can I contact Micron Technology?

Micron Technology's mailing address is 8000 S FEDERAL WAY, BOISE ID, 83716. The semiconductor manufacturer can be reached via phone at (208) 368-4000, via email at [email protected], or via fax at 208-368-4435.


This page was last updated on 12/5/2021 by MarketBeat.com Staff

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