(MU) Micron Technology - Overview

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

Stock:

Total Rating 81

Risk 93

Buy Signal 1.53

Semiconductors -2.8
Semiconductor Materials & Equipment +3.0

Market Cap: 481,909m
Avg Trading Vol: 14.3B USD

ATR: 5.78%
Peers RS (IBD): 94.87

Risk 5d forecast
Volatility	70.2%
Relative Tail Risk	-4.97%

Reward TTM
Sharpe Ratio	2.67
Alpha	313.74

Character TTM
Beta	2.496
Beta Downside	3.241

Drawdowns 3y
Max DD	57.63%
CAGR/Max DD	1.70

EPS (Earnings per Share)

EPS CAGR: 23.90%
EPS Trend: 38.0%

Last SUE: 3.81
Qual. Beats: 1

Revenue

Rev. CAGR: 16.13%
Rev. Trend: 57.0%

Last SUE: 4.00
Qual. Beats: 1

Description: MU Micron Technology

Micron Technology, Inc. designs, develops, manufactures, and sells memory and storage products in the United States, Taiwan, Japan, Mainland China, Hong Kong, Europe, and internationally. It operates through the Cloud Memory Business Unit; Core Data Center Business Unit; Mobile and Client Business Unit; and Automotive and Embedded Business Unit segments. The company provides memory products, including dynamic random access memory components and modules, CXL-based memory, LPDDR components and modules, graphics memory, high-bandwidth memory, and data center memory products; multichip packages (MCP) comprising embedded multimedia card-based, universal flash storage-based, and NAND-based MCPs; and technology leadership products that include 1y DRAM and G9 NAND technologies. It also offers storage products, such as data center solid-state drives (SSD), client SSD storage, and auto and industrial SSD storage; managed NAND; NAND flash; NOR flash; and memory cards. In addition, the company provides design tools, including FBGA and part decoders; DRAM power calculators; NAND power calculators; simulation models; chipset compatibility guides; serial presence-detection tools; cross-reference tools; UFSparm; SSD firmware; software and drivers; storage executive software; and obsolete part catalogs. It markets its semiconductor memory and storage products under the Micron and Crucial brands. The company serves the data center, PC, graphics, networking, automotive, industrial, and consumer embedded markets, as well as the smartphone and other mobile-device markets. It sells its products through its direct sales force, independent sales representatives, distributors, and retailers; web-based customer direct sales channel; and channel and distribution partners. Micron Technology, Inc. was founded in 1978 and is headquartered in Boise, Idaho.

Piotroski VR‑10 (Strict, 0-10) 8.0

Net Income: 11.91b TTM > 0 and > 6% of Revenue
FCF/TA: 0.14 > 0.02 and ΔFCF/TA 13.08 > 1.0
NWC/Revenue: 41.61% < 20% (prev 53.20%; Δ -11.59% < -1%)
CFO/TA 0.26 > 3% & CFO 22.69b > Net Income 11.91b
Net Debt (3.68b) to EBITDA (22.44b): 0.16 < 3
Current Ratio: 2.46 > 1.5 & < 3
Outstanding Shares: last quarter (1.14b) vs 12m ago 1.43% < -2%
Gross Margin: 45.32% > 18% (prev 0.31%; Δ 4501 % > 0.5%)
Asset Turnover: 53.75% > 50% (prev 40.71%; Δ 13.04% > 0%)
Interest Coverage Ratio: 32.11 > 6 (EBITDA TTM 22.44b / Interest Expense TTM 433.0m)

Altman Z'' 6.62

A: 0.20 (Total Current Assets 29.66b - Total Current Liabilities 12.06b) / Total Assets 85.97b
B: 0.62 (Retained Earnings 53.34b / Total Assets 85.97b)
C: 0.18 (EBIT TTM 13.90b / Avg Total Assets 78.72b)
D: 1.96 (Book Value of Equity 53.35b / Total Liabilities 27.16b)
Altman-Z'' Score: 6.62 = AAA

Beneish M -3.04

DSRI: 0.94 (Receivables 10.18b/7.42b, Revenue 42.31b/29.09b)
GMI: 0.68 (GM 45.32% / 30.92%)
AQI: 1.22 (AQ_t 0.08 / AQ_t-1 0.07)
SGI: 1.45 (Revenue 42.31b / 29.09b)
TATA: -0.13 (NI 11.91b - CFO 22.69b) / TA 85.97b)
Beneish M-Score: -3.04 (Cap -4..+1) = AA

What is the price of MU shares?

As of February 26, 2026, the stock is trading at USD 429.00 with a total of 25,834,591 shares traded.
Over the past week, the price has changed by +1.91%, over one month by +10.26%, over three months by +91.14% and over the past year by +361.71%.

Is MU a buy, sell or hold?

Micron Technology has received a consensus analysts rating of 4.49. Therefore, it is recommended to buy MU.

StrongBuy: 25
Buy: 6
Hold: 5
Sell: 1
StrongSell: 0

What are the forecasts/targets for the MU price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	390.9	-8.9%
Analysts Target Price	390.9	-8.9%

MU Fundamental Data Overview February 22, 2026

P/E Trailing = 40.6619
P/E Forward = 12.3305
P/S = 11.3894
P/B = 3.7965
P/EG = 0.1752
Revenue TTM = 42.31b USD
EBIT TTM = 13.90b USD
EBITDA TTM = 22.44b USD
Long Term Debt = 8.84b USD (from longTermDebt, last quarter)
Short Term Debt = 637.0m USD (from shortTermDebt, last quarter)
Debt = 12.49b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 3.68b USD (from netDebt column, last quarter)
Enterprise Value = 484.08b USD (481.91b + Debt 12.49b - CCE 10.32b)
Interest Coverage Ratio = 32.11 (Ebit TTM 13.90b / Interest Expense TTM 433.0m)
EV/FCF = 40.63x (Enterprise Value 484.08b / FCF TTM 11.91b)
FCF Yield = 2.46% (FCF TTM 11.91b / Enterprise Value 484.08b)
FCF Margin = 28.16% (FCF TTM 11.91b / Revenue TTM 42.31b)
Net Margin = 28.15% (Net Income TTM 11.91b / Revenue TTM 42.31b)
Gross Margin = 45.32% ((Revenue TTM 42.31b - Cost of Revenue TTM 23.14b) / Revenue TTM)
Gross Margin QoQ = 56.09% (prev 44.67%)
Tobins Q-Ratio = 5.63 (Enterprise Value 484.08b / Total Assets 85.97b)
Interest Expense / Debt = 0.59% (Interest Expense 74.0m / Debt 12.49b)
Taxrate = 13.66% (829.0m / 6.07b)
NOPAT = 12.01b (EBIT 13.90b * (1 - 13.66%))
Current Ratio = 2.46 (Total Current Assets 29.66b / Total Current Liabilities 12.06b)
Debt / Equity = 0.21 (Debt 12.49b / totalStockholderEquity, last quarter 58.81b)
Debt / EBITDA = 0.16 (Net Debt 3.68b / EBITDA 22.44b)
Debt / FCF = 0.31 (Net Debt 3.68b / FCF TTM 11.91b)
Total Stockholder Equity = 53.09b (last 4 quarters mean from totalStockholderEquity)
RoA = 15.13% (Net Income 11.91b / Total Assets 85.97b)
RoE = 22.43% (Net Income TTM 11.91b / Total Stockholder Equity 53.09b)
RoCE = 22.45% (EBIT 13.90b / Capital Employed (Equity 53.09b + L.T.Debt 8.84b))
RoIC = 18.71% (NOPAT 12.01b / Invested Capital 64.18b)
WACC = 14.74% (E(481.91b)/V(494.40b) * Re(15.11%) + D(12.49b)/V(494.40b) * Rd(0.59%) * (1-Tc(0.14)))
Discount Rate = 15.11% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 1.71%
[DCF] Terminal Value 46.43% ; FCFF base≈7.37b ; Y1≈4.84b ; Y5≈2.21b
[DCF] Fair Price = 15.18 (EV 20.77b - Net Debt 3.68b = Equity 17.09b / Shares 1.13b; r=14.74% [WACC]; 5y FCF grow -40.0% → 2.90% )
EPS Correlation: 38.03 | EPS CAGR: 23.90% | SUE: 3.81 | # QB: 1
Revenue Correlation: 56.95 | Revenue CAGR: 16.13% | SUE: 4.0 | # QB: 1
EPS next Quarter (2026-05-31): EPS=9.77 | Chg7d=+0.190 | Chg30d=+0.557 | Revisions Net=+6 | Analysts=28
EPS current Year (2026-08-31): EPS=33.92 | Chg7d=+0.414 | Chg30d=+1.253 | Revisions Net=+7 | Growth EPS=+309.2% | Growth Revenue=+103.8%
EPS next Year (2027-08-31): EPS=44.55 | Chg7d=+0.923 | Chg30d=+3.010 | Revisions Net=+9 | Growth EPS=+31.4% | Growth Revenue=+28.2%
[Analyst] Revisions Ratio: +0.75 (7 Up / 1 Down within 30d for Next Quarter)
[Growth] Implied Growth Rate = 12.7% (Discount Rate 15.1% - Earnings Yield 2.5%)
[Growth] Growth Spread = +114.7% (Analyst 127.4% - Implied 12.7%)

Additional Sources for MU Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle