Stock · MU · Technology

Micron Technology Inc

United States · Large Cap · listed since 1984 · Revenue 12 mo. $133.2B

Price as of 11/06/2026

StockScorer score
9.1
of 10 10 of 11 points High Match To the score
Price
$690.00
1 Y +179.9%
Market cap
$828.6B
Phase
Growth
revenue growing, core business profitable
Revenue +104.6% a year (3 years)EBIT margin 74.6%Payout 2.7% of operating cash flow

Micron Technology, Inc. engages in the provision of semiconductor memory and storage products in the United States, Taiwan, Mainland China, other Asia Pacific countries, Japan, Europe, and internationally.

moreless

Micron Technology, Inc. engages in the provision of semiconductor memory and storage products in the United States, Taiwan, Mainland China, other Asia Pacific countries, Japan, Europe, and internationally. It operates through Cloud Memory Business Unit, Core Data Center Business Unit, Mobile and Client Business Unit, and Automotive and Embedded Business Unit segments. The company provides dynamic random access memory (DRAM) products, including High-Bandwidth Memory, doublie data rate, low-power DRAM, and graphics DRAM products; NAND products comprising solid state drives, managed NAND, and multi-chip packages; and NOR products. The company sells its products under the Micron brand name and private labels through its own direct sales force, sales or representative offices, as well as through distributors, retailers, and independent sales representatives. Micron Technology, Inc. was founded in 1978 and is headquartered in Boise, Idaho.

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Summary

Micron Technology Inc is above the middle of the Technology sector overall

66.7 of 100

Mean of the six area values. Each area value is the mean of the stock's ranks among the companies in its sector. 50 is the middle of the sector, not a share of companies beaten.

Analysis

What the price requires

The price requires 3.3% FCF growth a year, less than achieved over the last 10 years.

If free cash flow stays at €52.9B (2026), it supports €587.9B. The remaining €155.6B of the market value assume it grows 3.3% a year for 10 years and not at all afterwards.

Required FCF growth per year

3.3%

no growth afterwards

Market value breakdown€743.6B market value, price as of 11/06/2026

€587.9B without growth
€155.6B priced-in growth
  • 10 yrs achieved 27.8%
  • priced in 3.3%

Valuation against its own history

Price to operating cash flow 8.8×, within its usual range.

Middle half of 20 quarters: 7.4× to 17.2×, median 11.7×.

Measures only against its own past, not against what the company is worth. Price as of 11/06/2026.

1 sign supports the expectation, 2 speak against it.

What supports it

with respect to the priced-in expectation

  • Expectation below the company's own record priced in 3.3%, achieved at least 27.8%

What speaks against it

with respect to the priced-in expectation

  • Share count rising despite money spent on own shares shares +1.6% year on year
  • Volatile earnings 4 drops or sign changes in up to 10 years

Since the last quarter

Q2 → Q3 2026

Mostly better than the previous quarter: 7 of 7 changes for the better.

  • Revenue, 12 mo.$90.3B → $133.2B+47.5%better
  • FCF, 12 mo.$27.2B → $53.9B+98.4%better
  • Gross margin72.6% → 80.7%+8.2 ppbetter
  • EBIT margin65.7% → 74.6%+8.9 ppbetter
  • FCF margin30.1% → 40.5%+10.4 ppbetter
  • Net debt−$18.6B → −$33.2B−78.2%better
  • Return on equity50.1% → 61.4%+11.3 ppbetter

1 more unchanged: Shares outstanding

Derivation

How the sector comparison is derived

Each area value is the average of its metrics' ranks within the sector (0 to 100, 50 is the middle). For metrics where lower is better, the rank is mirrored. The overall value is the average of the area values.

Price as of 11/06/2026.

Profitability90.8above the middleEarns more than the sector: EBIT margin 74.59%, sector 17.40%.
MetricStockSector medianPosition in sector
Return on equity61.40%14.60%Rank 93
Return on capital (Greenblatt)78.28%29.77%Rank 75
EBIT margin74.59%17.40%Rank 100
FCF margin44.27%18.54%Rank 95
Gross margin80.72%48.47%Rank 91
Growth78.7above the middleGrows faster than the sector: Revenue growth, 1 year 256.33%, sector 12.70%.
MetricStockSector medianPosition in sector
Revenue growth, 1 year256.33%12.70%Rank 100
Earnings growth, 3 years per year−0.66%9.54%Rank 27
Earnings growth, 5 years per year70.65%14.07%Rank 96
Sustainable growth (ROE × retained earnings)23.06%2.87%Rank 92
Valuation81.7above the middleValued lower than the sector: EV/EBIT 7.96, sector 26.24.
MetricStockSector medianPosition in sector
Earnings yield10.77%2.64%Rank 98
FCF yield7.12%3.06%Rank 85
EV/saleslower is better5.935.18Rank 46
EV/EBITlower is better7.9626.24Rank 99
Momentum53.4around the middleShare price moving about like the sector.
MetricStockSector medianPosition in sector
Share price, 1 year179.91%−0.59%Rank 99
Share price, 6 months−7.12%−4.46%Rank 47
Share price, 3 months−16.24%−5.84%Rank 35
Distance from 52-week high−43.14%−33.23%Rank 33
Quality38.2below the middleQuality below the sector: Accruals (Sloan) 40.86%, sector 1.65%.
MetricStockSector medianPosition in sector
Accruals (Sloan)lower is better40.86%1.65%Rank 6
Change in share countlower is better1.60%−0.17%Rank 18
Dividend streak in years48Rank 57
Price reaction to results, market-adjusted3.22%−1.57%Rank 73
Balance sheet & risk57.3around the middleRisk about like the sector.
MetricStockSector medianPosition in sector
Equity ratio70.64%53.98%Rank 82
Net debt/EBITDAlower is better−0.35−0.20Rank 54
Debt to equitylower is better0.040.33Rank 83
Volatility, 1 yearlower is better81.95%50.37%Rank 10

Ten years in figures

Revenue from $20.3B (2017) to $133.2B (2026), 23.2% a year.

Fiscal years, amounts in USD
YearRevenue, $BEBIT marginFCFSharesNet debt
201720.328.9%$2.9B1.15B$6.0B
201830.449.3%$8.3B1.23B−$1.9B
201923.431.5%$3.3B1.14B−$1.3B
202021.414.0%$83.0M1.13B−$448.0M
202127.722.7%$2.4B1.14B−$482.0M
202230.831.5%$3.1B1.12B−$746.0M
202315.5−37.0%−$6.1B1.09B$5.4B
202425.15.2%$121.0M1.12B$7.0B
202537.426.4%$1.7B1.13B$5.6B
2026133.274.6%$59.0B1.14B−$33.2B
9.1 / 10High MatchStockScorer score10 of 11 points

6 of 7 StockScorer Score rules met · How the score is built

Micron Technology Inc mainly meets criteria in the Profitability category. Result from 18 strategies checked.

This stock · Profitability: 100%This stock · Growth: 50%This stock · Valuation: 100%This stock · Momentum: 100%Median of all stocks · Profitability: 33%Median of all stocks · Growth: 0%Median of all stocks · Valuation: 0%Median of all stocks · Momentum: 0%50%100%ProfitabilityGrowthValuationMomentumThis stockMedian of all stocks

How Micron Technology Inc's score is built

Micron Technology Inc is rated here with the StockScorer Score strategy, the flagship rule set. It compares return and cash-flow metrics with the median of the company's own sector and checks growth and price trend.

6 of 7 rules met

10 of 11 points

  1. Free cash flow yield above the sector medianmet2 of 2 points
  2. Return on capital (Greenblatt ROC) above the sector medianmet2 of 2 points
  3. Return on equity above the sector medianmet1 of 1 point
  4. Free cash flow margin above the sector medianmet2 of 2 points
  5. Revenue growth above 15%met2 of 2 points
  6. 3-year earnings growth above 12% p.a.not met0 of 1 point
  7. 12-month share price more than 20 percentage points ahead of the marketmet1 of 1 point
  8. Exclusion: financial and real estate stocksdoes not apply

Detail data

How does Micron Technology Inc stock perform across 18 strategies?

Excerpt from 18 strategies checked. The full evaluation is visible after a free sign-up.

12 more strategies locked

With a free account, you can see the match across all strategies checked in one complete overview.

  • Balanced GARP
  • High-Growth / Rule of 40
  • Magic Formula: Value + Quality
  • Levermann Strategy (13 Criteria)
  • Trending Value: Value + Momentum
  • Altman Z-Score: Stress Test
  • Earnings Quality: Accrual Check (Sloan)
  • Acquirer's Multiple: EV/EBIT Deep Value
  • Growth Momentum (CAN SLIM principle)
  • Defensive: Low Volatility
  • Dividend Aristocrats & Continuity
  • Dividend Quality: 4 Factors

Micron Technology Inc key metrics: P/E, P/B and equity ratio

Selected fundamental metrics for Micron Technology Inc.

MetricStockSector
P/E ratio9.335.1
P/B ratio5.75.5
Return on equity (ROE)61.4%14.6%
Equity ratio70.6%54.0%
Debt-to-equity (D/E)0.040.33
Dividend yield0.1%0.9%

Similar stocks in Technology

How comparable stocks in the same sector score in the StockScorer model.

SymbolCompanyRating
MUMicron Technology Incthis page
AMDAdvanced Micro Devices IncMedium5.5
INTCIntel CorporationLow0.9
TXNTexas Instruments IncorporatedLow1.8
AVGOBroadcom Inclocked
000660.KSSK Hynix Inclocked

Frequently asked questions about Micron Technology Inc stock

How does Micron Technology Inc stock (MU) score in the StockScorer model?
Micron Technology Inc stock reaches a StockScorer score of 9.1 out of 10, which is a high match with the rule-based strategies. 6 out of 7 flagship profile rules are met.
What is Micron Technology Inc's P/E ratio?
Micron Technology Inc's P/E ratio is 9.3. The Technology sector median is 35.1.
What sector is Micron Technology Inc in?
Micron Technology Inc is assigned to the Technology sector. Its rank within the sector is 66.7 out of 100: 100 means the stock leads its peer group of large and mid-cap sector stocks in every measured area.

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