Micron Technology (MU) - Stock Price & Dividends

Exchange: USA Stocks • Country: United States • Currency: USD • Type: Common Stock • ISIN: US5951121038

Micron Technology, Inc. is a global company focusing on designing, developing, manufacturing, and selling memory and storage products. They have four main segments, the Compute and Networking Business Unit, Mobile Business Unit, Embedded Business Unit, and Storage Business Unit.

Their products include dynamic random access memory semiconductor devices that deliver high-speed data retrieval, non-volatile semiconductor storage devices, and fast re-writable semiconductor memory devices under the Micron and Crucial brands, catering to various sectors such as cloud servers, enterprise, networking, automotive, and consumer markets.

In addition to SSDs and component-level solutions, Micron offers memory and storage products for different industries, like automotive, industrial, and consumer markets. Their distribution channels include direct sales, independent representatives, distributors, and web-based sales, ensuring broad market reach.

Established in 1978 and headquartered in Boise, Idaho, Micron Technology, Inc. continues to innovate and serve diverse markets with their memory and storage solutions. To find out more about them, visit their website at https://www.micron.com.

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Drawdown (Underwater) Chart

Drawdown / Underwater Chart for Micron Technology (MU) - Stock Price & Dividends

MU Stock Overview

Market Cap in USD 94,837m
Sector Technology
Industry Semiconductors
GiC SubIndustry Semiconductor Materials & Equipment
TER 0.00%
IPO / Inception 1984-06-01

MU Stock Ratings

Fundamental -5.19
Dividend 2.30
Growth 5y 5.67
Rel. Performance vs Sector -1.24
Analysts 4.24
Fair Price Total Ret. 94.38
Fair Price DCF -

MU Dividends

Yield 12m 0.50%
Yield on Cost 5y 1.13%
Dividends CAGR 5y 4.77%
Payout Consistency 17.2%

MU Growth Ratios

Growth 12m 59.96%
Growth Correlation 12m 74%
Growth Correlation 3m 43%
CAGR 5y 17.55%
CAGR / Mean Drawdown 0.87
Sharpe Ratio 12m 1.56
Alpha vs SP500 12m 22.37
Beta vs SP500 5y weekly 1.31
CAPM 8.87%
Average Daily Range 2m 2.28%
Regime Oscillator 95.20
Volatility GJR Garch 1y 39.29%
Price / SMA 50 8.38%
Price / SMA 200 26.5%
Current Volume 21422.7k
Average Volume 20d 13996.5k

External Links for MU Stock

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Fund Manager Positions
What is the price of MU stocks?
As of February 28, 2024, the stock is trading at USD 91.85 with a total of 21,422,677 shares traded.
Over the past week, the price has changed by +13.80%, over one month by +4.32%, over three months by +18.66% and over the past year by +59.73%.
Why is MU stock down?
Check with which Index or Commodity MU has the highest Correlation, do they have a common driver?
Review the Fundamentals to find weaknesses (Debt, low returns). Check the Performance of the Peer-Group to find out, if the entire sector is under pressure.
Period Return MU Return S&P 500
1 Month 4.32% 4.00%
3 Months 18.66% 11.99%
12 Months 59.73% 29.39%
What is the forecast for MU stock price target?
According to ValueRays Forecast Model, MU Micron Technology will be worth about 105.1 in February 2025. The stock is currently trading at 91.85. This means that the stock has a potential upside of +14.47%.
Issuer Forecast Upside
Wallstreet Target Price 95.7 4.2%
Analysts Target Price 74 -19.5%
ValueRay Target Price 105.1 14.5%

Micron Technology Inc: A Comprehensive Overview

History of Micron Technology Inc.

Micron Technology Inc., headquartered in Boise, Idaho, embarked on its journey in the tech world in 1978. Founded by Ward Parkinson, Joe Parkinson, Dennis Wilson, and Doug Pitman, the company initially focused on providing semiconductor memory solutions. From its early age, Micron made significant strides by producing DRAM, NAND, and NOR flash memory, technologies critical to the digital age. The company's growth trajectory has been marked by consistent innovation and strategic expansions, establishing Micron as a key player in the global semiconductor industry.

Core Business and Side Ventures

The core business of Micron Technology revolves around the manufacturing and marketing of dynamic random-access memory (DRAM), NAND flash memory, and NOR flash memory chips. These chips are crucial for a wide array of products, from computers and servers to mobile devices and the expanding Internet of Things (IoT) market.

Beyond its primary semiconductor products, Micron has dipped its toes into various side ventures and markets. One notable avenue is the development of 3D XPoint technology, in partnership with Intel, which offers a new class of non-volatile memory. Additionally, the company has made efforts in the storage solutions space, producing solid-state drives (SSDs) for both consumer and enterprise applications. These endeavors complement Micron's core business, ensuring the company stays at the forefront of technology and meets the diverse needs of the sector.

Current Market Status

As of the latest update in 2023, Micron Technology Inc. continues to hold a strong position in the global semiconductor market. NASDAQ:MU has seen various fluctuations, reflective of both the company's individual performance and broader economic conditions affecting the tech industry. Despite facing challenges such as market competition and supply chain disruptions, Micron remains committed to innovation and strategic growth.

The demand for memory and storage solutions continues to rise, fueled by advancements in technology and an ever-increasing digital world. Micron's dedication to R&D and its diverse product lineup positions it well to capitalize on these trends. The company's focus on developing next-generation memory technologies ensures its relevance and leadership in the semiconductor space for the foreseeable future.