MU— Micron Technology, Inc.

NasdaqGS

Technology · Semiconductors

$848.95-0.50%

Mkt Cap: $958.80BDY: 0.06%

Micron Technology, Inc. (MU) stock trades at $848.95, down 0.50% on the day. With a market capitalization of $958.80 billion, MU is a mega-cap technology stock. It trades at a price-to-earnings (P/E) ratio of 19.2, a forward P/E of 5.6 and earnings per share (EPS) of $44.23. Over the most recent period the company reported 346% year-over-year revenue growth and a net profit margin of 55.9%. Below you'll find MU's full fundamentals, fair-value estimates, dividend history, earnings and our buy, hold or avoid verdict for 2026.

Price & Performance

Performance

Analysis & Verdict

Micron Technology, Inc. (MU) Stock Analysis 2026

Rule-based · Updated daily · Not financial advice

Micron Technology, Inc. (MU) operates in the Semiconductors space within the Technology sector. With a market cap of $958.8B, it qualifies as a large-cap company. The company is growing revenue strongly while maintaining healthy profitability — a combination that investors typically reward with a premium valuation.

Bull Case6

Forward P/E (5.6×) is lower than trailing P/E (19.2×) — analysts expect earnings to improve
Revenue grew 346% year-over-year — exceptional top-line expansion
Earnings grew 1369% YoY — bottom-line is expanding fast
Exceptional profit margin of 55.9% — the business retains a large share of each dollar earned
ROE of 66.6% shows management efficiently converts equity into profit
Current ratio of 3.4× — ample short-term liquidity

Bear Case2

High debt-to-equity of 6.33× increases financial risk, especially with elevated interest rates
High beta of 2.14 — this stock is significantly more volatile than the broader market

Verdict

Strong Buy

Multiple fundamental strengths with few red flags. Long-term buyers may find this compelling.

AI Insight

AI-generated analysis for informational purposes only. Not financial advice.

Fair Value Estimates

Current price: $848.95

Graham Number

√(22.5 × EPS × Book Value)

$252.84

-70.2% downside

Benjamin Graham's intrinsic value formula. Assumes a fair stock trades at no more than 22.5× the product of EPS and book value per share.

Bazin Ceiling Price

Avg. Annual DPS (5Y) ÷ 6%

$6.75

-99.2% downside

Décio Bazin's dividend-based ceiling. The max price you should pay so that dividends alone deliver at least 6% annual yield on your cost basis.

These are simplified estimates. Not financial advice.

Buy & Hold Checklist

Quality criteria for long-term holding

9/10

90% score

Pays dividends

5Y hist.

5+ years of dividend history

Dividend consistency (5Y+)

5 yrs

Uninterrupted dividend payments for at least 5 years

ROE above 10%

66.6%

Return on equity — measures how efficiently capital is used

Positive profit margin

55.9%

Net profit margin must be positive — company earns more than it spends

Revenue growth (annual)

+345.7%

Annual revenue must be growing compared to the prior year

Earnings growth (annual)

+1368.5%

Annual earnings must be growing compared to the prior year

Debt/Equity below 2×

6.33×

Low financial leverage reduces risk of distress

Current ratio above 1

3.42×

Short-term assets must cover short-term liabilities

Daily liquidity above $5M

$43.9B/day

High trading volume ensures easy entry and exit

Dividend yield above 0%

0.06%

Stock must distribute income to shareholders

Financials

Revenue & Results

Key Statistics

Market Cap$958.80B

P/E Ratio19.19

Forward P/E5.63

P/B Ratio—

PEG Ratio0.12

Earnings

Next Earnings

Sep 23, 2026

days

EPS (TTM)

$44.23

P/E (TTM)

19.2

Fwd P/E

5.6

SEC Filings & Reported Financials

Earnings History

SEC EDGAR · official filings

SEC filings

SEC Filings

Official EDGAR documents

All filings

Insider Transactions

SEC Form 4 · officers, directors & 10% owners

Dividends & Income

Dividends

Current DY

0.06%

5Y Avg Annual

$0.4250

Last Payment

$0.1500

Ex-Date

07/06/2026

Annual dividends paid per share

2022

2026

Ex-Date	Payment	Amount	Est. DY
Latest07/06/2026	07/21/2026	$0.1500	0.07%
03/30/2026	04/14/2026	$0.1500	0.07%
12/29/2025	01/13/2026	$0.1150	0.05%
10/03/2025	10/18/2025	$0.1150	0.05%
07/07/2025	07/22/2025	$0.1150	0.05%
03/31/2025	04/15/2025	$0.1150	0.05%
12/30/2024	01/14/2025	$0.1150	0.05%
10/07/2024	10/22/2024	$0.1150	0.05%

Magic Number

Shares needed to self-fund your next purchase

$848.95

Price

$0.1500

Last div. (quarterly)

5,660

Own 5,660 MU shares ($4,805,057.00) and each quarterly dividend pays for 1 new share — the snowball runs on its own.

Investment target

$4,805,057.00

New shares / year

+4 shares

Tools & Simulators

If You Had Invested…

Hypothetical return based on historical prices

Investment Amount

* Dividend reinvestment calculated at ex-date price. For informational purposes only.

Discussion

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About Micron Technology, Inc.

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.

Sector

Technology

Industry

Semiconductors

Location

Boise, United States

Employees

53,000

www.micron.com

Listed on NasdaqGS

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MU — Frequently Asked Questions

Is Micron Technology, Inc. (MU) a good stock to buy in 2026?

Micron Technology, Inc. (MU) shows strengths such as revenue growth of 346%, a strong 56% net margin and a 67% return on equity, while risks include high leverage (debt/equity of 6.3). Whether MU is a good buy in 2026 depends on your time horizon and risk tolerance — review the full bull case, bear case and fair-value estimates above. This is informational analysis, not financial advice.

What is MU's stock price today?

Micron Technology, Inc. (MU) trades at $848.95, down 0.50% on the session. Prices on this page update throughout the trading day.

Does MU pay a dividend?

Yes. Micron Technology, Inc. pays an annual dividend of $0.53 per share, a dividend yield of 0.06%. The most recent ex-dividend date was July 6, 2026. Its payout ratio is about 1% of earnings.

Is MU overvalued?

With a P/E ratio of 19.2×, MU trades at a roughly market-average valuation for the technology sector. Its PEG ratio is 0.12 (below 1, which can signal growth at a reasonable price). See the Fair Value Estimates section above for Graham Number and dividend-based price targets.

What is MU's market cap?

Micron Technology, Inc. (MU) has a market capitalization of $958.80 billion, classifying it as a mega-cap stock in the Technology sector.

Disclaimer: This page — including any buy/hold/avoid view, fair value or price estimate — is generated from market data for informational and educational purposes only and does not constitute financial, investment or trading advice. Data may be delayed or inaccurate. Always do your own research and consult a licensed financial advisor before making any investment decision.