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Micron Technology (MU) Stock Price, News & Analysis

-0.91 (-0.69%)
(As of 07/8/2024 ET)
Today's Range
50-Day Range
52-Week Range
20.46 million shs
Average Volume
20.79 million shs
Market Capitalization
$144.91 billion
P/E Ratio
Dividend Yield
Price Target

Micron Technology MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.96 Rating Score
21.3% Upside
$158.52 Price Target
Short Interest
2.64% of Float Sold Short
Dividend Strength
Based on Four Factors
Upright™ Environmental Score
News Sentiment
0.69mentions of Micron Technology in the last 14 days
Based on 36 Articles This Week
Insider Trading
Selling Shares
$31.92 M Sold Last Quarter
Proj. Earnings Growth
From $0.58 to $8.75 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.45 out of 5 stars

Computer And Technology Sector

81st out of 568 stocks

Semiconductors & Related Devices Industry

18th out of 87 stocks

MU stock logo

About Micron Technology Stock (NASDAQ:MU)

Micron Technology, Inc. was founded in 1978 by four friends in the basement of a dentist's office. The company was focused on making DRAM memory chips and began work on its first fabrication plant in 1981. Micron Technology came out with its first product a few years later and made history with the world's smallest DRAM microchip. By 1994 the company had earned a spot on the Fortune 500 and soon grew to be a leader in the microchip industry. Micron Technology went public in 1984 as well and is headquartered in Boise, Idaho.

Among Micron’s many achievements are the first 1-gigabyte DRAM product in 1987 and the shipping of the first 2-gigabyte NAND product in 2004. Among the latest innovations is the DDR5. The DDR5 is the next generation of DRAM chip for the server market and it can provide an 85% increase in the memory performance.

Today, Micron Technologies designs, manufactures, and sells memory and storage-focused microchip products worldwide. Its chips provide not only the power to store information but the foundation for new technologies like AI and 5G. Micron is the 4th largest semiconductor manufacturer in the world with revenue topping $27 billion in 2022. The company is ranked 127th on the Fortune 500 list and counts more than 50,000 patents and growing in the field of semiconductor manufacturing and storage solutions. The company operates in 17 countries with 11 manufacturing sites and employs more than 45,000 people.

The company operates through four segments that include Compute and Networking, Mobile, Storage, and Embedded. These solutions are marketed under the Micron and Crucial brands, as well as through private labels. In regard to the memory chip market, Micron Technologies is the only company offering all three types of memory storage products giving it the broadest portfolio and most experience and seamless interfaces.

The company manufactures memory and storage technologies including DRAM, NAND, and NOR microchips. The DRAM products are dynamic random access memory semiconductor devices with low latency that provide high-speed data retrieval. The NAND products are non-volatile and re-writeable semiconductor storage devices The NOR memory products are non-volatile re-writeable semiconductor memory devices that provide fast read speeds.

Micron Technologies memory products are in demand by industries ranging from the cloud server to enterprise, client, graphics, and networking markets, as well as for smartphone and other mobile-device markets including EVs and self-driving cars.

Among the more visible of Micron Technologies products are its line of SSDs and component-level solutions for the enterprise and cloud, client, and consumer storage markets. Often seen in movies and TV, these small-sized memory storage and transport devices can be as small as a key fob.

MU Stock Price History

MU Stock News Headlines

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Obama wins Presidential debate
When I said Obama would seek a third term… They called me a conspiracy theorist, they said it couldn’t happen, that the 22nd Amendment makes it impossible. But as I explained on live radio years ago, “he could have a proxy… while he remains in control of the administration much like Putin did in Russia.”
Micron logo is displayed on smartphone.
Micron Stock Alert: Seize the Opportunity Before It Skyrockets
Micron NASDAQ: MU shares fell a significant 5% in after-market trading due to its Q3 results and guidance for Q4. However, nothing in the report gives cause to sell and every reason to buy.
Micron logo is displayed on smartphone.
Micron Stock Alert: Seize the Opportunity Before It Skyrockets
Micron had a solid quarter and guided for acceleration in Q4, spurring the analysts to raise their targets and the stock price to dip into a buying opportunity.
Close-up view on a new semiconductor microchip in gloved hand of computer scientist
Silvaco Stock: Consider Early Investment in New Semiconductor (MU)
Analyzing a new player in semiconductors: Silvaco Group. Investors should consider getting in early on the stock after a solid earnings report.
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Arm Holdings and Micron: Top 2 AI Stocks to Buy and Hold
The semiconductor industry is the bedrock of the digital age. Semiconductors have provided the essential building blocks for computers, smartphones, and countless other electronic devices that power our modern world.
ARM holdings logo on smartphone screen
Arm Holdings and Micron: Top 2 AI Stocks to Buy and Hold (MU)
Harness the transformative power of AI by investing in semiconductor leaders who are poised for long-term growth.
Obama wins Presidential debate
When I said Obama would seek a third term… They called me a conspiracy theorist, they said it couldn’t happen, that the 22nd Amendment makes it impossible. But as I explained on live radio years ago, “he could have a proxy… while he remains in control of the administration much like Putin did in Russia.”
micron logo sign on building
Micron Technology Stock Volatile Despite Analyst Upgrades
Micron Technology stock faces volatility ahead of its earnings report, with analysts' bullish sentiment countered by mixed institutional investor activity.
micron logo sign on building
Micron Technology Stock Volatility Despite Analyst Upgrades
Micron Technology NASDAQ: MU, a prominent semiconductor industry player, is poised to release its Q3 2024 earnings report on June 26th. This upcoming event has sparked considerable interest among investors and Micron's analyst community, leading to heightened stock price volatility in recent weeks.
Micron Technology (NASDAQ:MU) Trading 0.3% Higher
Micron: Why I Bought The 20% Pullback (Aggressively)
Micron Stock Is Not Worth Buying Right Now
See More Headlines
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Company Calendar

Ex-Dividend for 4/16 Dividend
Dividend Payable
Last Earnings
Ex-Dividend for 7/23 Dividend
Dividend Payable
Fiscal Year End
Next Earnings (Estimated)

Industry, Sector and Symbol

Semiconductors & related devices
Year Founded

Price Target and Rating

Average Stock Price Target
High Stock Price Target
Low Stock Price Target
Potential Upside/Downside
Consensus Rating
Moderate Buy
Rating Score (0-4)
Research Coverage
26 Analysts


Net Income
Pretax Margin


Sales & Book Value

Annual Sales
$21.37 billion
Cash Flow
$2.20 per share
Book Value
$39.88 per share


Outstanding Shares
Free Float
Market Cap
$144.91 billion

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Should I Buy Micron Technology Stock? MU Pros and Cons Explained


Here are some ways that investors could benefit from investing in Micron Technology, Inc.:

  • Micron Technology, Inc. designs, develops, manufactures, and sells memory and storage products worldwide, positioning itself as a key player in the technology industry.
  • The company operates through four segments: Compute and Networking Business Unit, Mobile Business Unit, Embedded Business Unit, and Storage Business Unit, diversifying its revenue streams.
  • Micron provides memory and storage solutions for a wide range of applications, catering to various market demands and increasing its potential for growth.
  • The recent developments in the technology sector have increased the demand for memory and storage products, benefiting companies like Micron Technology, Inc.
  • With a current stock price of $80 per share, Micron Technology, Inc. offers investors an opportunity to invest in a company with growth potential at a reasonable valuation.


Investors should be bearish about investing in Micron Technology, Inc. for these reasons:

  • While Micron Technology, Inc. operates in a competitive industry, the company may face challenges in maintaining its market share against other major players.
  • The volatility in the technology sector could impact Micron's stock price, leading to potential fluctuations in investor returns.
  • Changes in global economic conditions or trade policies may affect Micron's business operations and financial performance.
  • Investing in technology companies like Micron carries inherent risks related to rapid technological advancements and potential disruptions in the industry.
  • Despite recent developments, investors should carefully consider market conditions and company-specific factors before making investment decisions in Micron Technology, Inc.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, June 23, 2024. Please send any questions or comments about these Micron Technology pros and cons to

MU Stock Analysis - Frequently Asked Questions

How have MU shares performed this year?

Micron Technology's stock was trading at $85.34 at the start of the year. Since then, MU shares have increased by 53.1% and is now trading at $130.69.
View the best growth stocks for 2024 here

How were Micron Technology's earnings last quarter?

Micron Technology, Inc. (NASDAQ:MU) released its quarterly earnings data on Wednesday, June, 26th. The semiconductor manufacturer reported $0.62 earnings per share for the quarter, topping the consensus estimate of $0.48 by $0.14. The business's revenue was up 81.5% on a year-over-year basis.
Read the conference call transcript

What is Sanjay Mehrotra's approval rating as Micron Technology's CEO?

669 employees have rated Micron Technology Chief Executive Officer Sanjay Mehrotra on Sanjay Mehrotra has an approval rating of 79% among the company's employees.

Does Micron Technology have any subsidiaries?

Micron Technology subsidiaries include Fwdnxt, IM Flash, Inotera, TiDAL Systems, Convey Computer, Pico Computing, Rexchip Electronics, and more.

Who are Micron Technology's major shareholders?

Top institutional shareholders of Micron Technology include DNB Asset Management AS (0.07%), Boston Common Asset Management LLC (0.02%), Appleton Partners Inc. MA (0.01%) and Westend Capital Management LLC. Insiders that own company stock include Sanjay Mehrotra, Manish H Bhatia, Sumit Sadana, Scott J Deboer, April S Arnzen, Michael W Bokan, Richard M Beyer, Scott R Allen, Robert P Beard, David Zinsner and Joel L Poppen.
View institutional ownership trends

How do I buy shares of Micron Technology?

Shares of MU stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Micron Technology own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Micron Technology investors own include NVIDIA (NVDA), Alibaba Group (BABA), General Electric (GE), Advanced Micro Devices (AMD), Xtrackers California Municipal Bond ETF (CA) and Intel (INTC).

This page (NASDAQ:MU) was last updated on 7/9/2024 by Staff

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