MU Micron Technology, Inc. - Fundamental Analysis
At a glance
Key valuation, profitability, growth, and risk metrics.
AI Analysis
Powered by advanced machine learning algorithms
Key Strengths
Key Risks
Performance Snowflake
Multi-dimensional analysis across 5 key categories
While MU's valuation is high, it is more justifiable within the context of the semiconductor sector, where peers like INTU trade at P/E of 48.30 despite lower growth, though MU's premium is less supported than CRM or QCOM on a growth-adjusted basis.
- Forward P/E of 19.18 is reasonable given 46% revenue growth
- P/B of 5.11 and P/S of 7.41 are in line with high-growth tech peers
- Current P/E of 32.56 is elevated relative to forward earnings and historical averages
- Lack of EV/EBITDA and EV/Revenue metrics due to missing data limits valuation completeness
The company is riding a powerful upcycle in DRAM and NAND pricing, with AI-driven demand providing structural support, and price momentum (up 28.6% in 1M) confirms strong investor sentiment.
- 46% YoY revenue growth and 256.9% earnings growth indicate strong demand tailwinds
- Q/Q earnings growth of 260.90% suggests accelerating momentum
- No recent earnings surprises may indicate guidance is conservative or growth is fully anticipated
- Memory market cyclicality could lead to sharp downturns post-supply normalization
Despite missing earnings surprises recently, MU has demonstrated strong historical profitability and margin expansion, with 1Y and 3Y returns significantly outperforming peers like CSCO and QCOM.
- Consistent profitability with stable gross margin of 39.79% and rising operating leverage
- Five-year return of +308.8% reflects strong long-term capital appreciation
- No earnings beats in the last 4 quarters, indicating potential execution or forecasting issues
- Incomplete quarterly earnings history data limits trend analysis
Micron’s balance sheet appears healthy relative to peers, with lower leverage than CSCO (0.60) and QCOM (0.74), though lack of cash/debt detail prevents full stress-testing of liquidity.
- Low debt/equity ratio of 0.28, well below sector average of 0.74
- Strong liquidity with current ratio of 2.52 and quick ratio of 1.71
- Missing total debt and cash figures limit ability to assess cash runway and refinancing risk
- Capital-intensive nature of semiconductor manufacturing not fully captured in available data
The dividend is functionally irrelevant for MU investors, with capital allocation clearly prioritized toward reinvestment and buybacks rather than shareholder yield.
- Payout ratio of 6.06% indicates dividend is highly sustainable
- Dividend yield of 0.19% is negligible and offers no meaningful income
- No history of dividend growth or consistency provided
Stock Price & Analyst Targets
Real-time price movements and analyst price targets
Multi-Horizon Performance vs Peers
Price momentum across 5Y → 1W horizons for MU and closest competitors.
| Company | 5Y | 3Y | 1Y | 6M | 1M | 1W |
|---|---|---|---|---|---|---|
|
MU
Micron Technology, Inc.
Primary
|
+308.8% | +297.6% | +149.9% | +152.3% | +28.6% | +3.7% |
|
IBM
International Business Machines Corporation
Peer
|
+232.3% | +136.3% | +50.0% | +16.0% | +9.5% | +0.3% |
|
CSCO
Cisco Systems, Inc.
Peer
|
+112.5% | +89.6% | +38.1% | +24.1% | +12.2% | +9.8% |
|
QCOM
QUALCOMM Incorporated
Peer
|
+29.9% | +48.0% | +8.5% | +15.4% | +6.8% | +1.8% |
Positive values indicate cumulative gains over the specified period. Comparables pulled from the same sector to highlight whether momentum is stock-specific or industry-wide.
Historical Performance Trends
Long-term financial metrics and growth patterns
Revenue & Net Income
Profit & Operating Margins
Return on Equity (ROE)
Quarterly Revenue Growth
Valuation Metrics
Key valuation ratios and pricing indicators
Profitability
Profit margins and return metrics
Growth
Revenue and earnings growth rates
Financial Health
Balance sheet strength and liquidity metrics
Quarterly Earnings History
EPS performance vs analyst estimates
Technology Sector Comparison
Similar Companies
Peer comparison within the same industry
| Company | AI Rating | Market Cap | P/E | ROE | Profit Margin | Price | |
|---|---|---|---|---|---|---|---|
|
MU
Micron Technology, Inc.
|
NEUTRAL | $277.06B | 32.56 | 17.2% | 22.8% | $246.83 | |
|
IBM
International Business...
|
NEUTRAL | $285.74B | 36.48 | 30.2% | 12.1% | $305.69 | |
|
CSCO
Cisco Systems, Inc.
|
NEUTRAL | $307.38B | 30.12 | 22.4% | 17.9% | $78.0 | |
|
CRM
Salesforce, Inc.
|
NEUTRAL | $234.21B | 35.71 | 11.2% | 16.9% | $246.02 | |
|
QCOM
QUALCOMM Incorporated
|
NEUTRAL | $186.89B | 34.73 | 23.3% | 12.5% | $173.98 |
Recent Insider Trading
Insider buy and sell transactions from the last 6 months
| Date | Insider | Position | Transaction | Shares | Value |
|---|---|---|---|---|---|
| 2025-11-07 | MEHROTRA SANJAY | Chief Executive Officer | Sale | 12,500 | $2,987,009 |
| 2025-11-03 | SADANA SUMIT | Officer | Gift | 4,500 | - |
| 2025-10-30 | MURPHY MARK J | Chief Financial Officer | Sale | 126,000 | $28,389,111 |
| 2025-10-30 | MEHROTRA SANJAY | Chief Executive Officer | Sale | 22,500 | $5,130,731 |
| 2025-10-29 | MEHROTRA SANJAY | Chief Executive Officer | Gift | 10,000 | - |
| 2025-10-27 | MEHROTRA SANJAY | Chief Executive Officer | Gift | 5,000 | - |
| 2025-10-27 | DEBOER SCOTT J. | Chief Technology Officer | Sale | 82,000 | $18,270,420 |
| 2025-10-27 | MEHROTRA SANJAY | Chief Executive Officer | Sale | 22,500 | $4,966,229 |
| 2025-10-21 | MEHROTRA SANJAY | Chief Executive Officer | Sale | 22,500 | $4,592,228 |
| 2025-10-20 | MEHROTRA SANJAY | Chief Executive Officer | Gift | 10,000 | - |
| 2025-10-20 | ALLEN SCOTT R | Officer | Sale | 8,800 | $1,848,176 |
| 2025-10-17 | ALLEN SCOTT R | Officer | Stock Award | 269 | - |
| 2025-10-16 | RAY MICHAEL CHARLES | Officer | Sale | 3,682 | $742,384 |
| 2025-10-13 | GOMO STEVEN J | Director | Stock Award | 1,377 | - |
| 2025-10-13 | MEHROTRA SANJAY | Chief Executive Officer | Stock Award | 57,819 | - |
Wall Street Analysts
Professional analyst ratings and price targets