Micron Technology Inc. MU
Semiconductors · data as of November 13, 2026
Micron Technology Inc. (MU) is a technology company listed in the US with a market value of about $880.6B. In fiscal year 2026 it had revenue of $133.2B and net income of $85.0B, a net margin of 63.8%.
Its overall Stock Analiz score is 4.2 out of 5 (excellent). The strongest part is value (5/5); the weakest is shareholder returns (3/5).
Key numbers: a P/E of 10.6, a price to free cash flow of 14.9, 5-year revenue growth of 37% a year, a 5-year average ROIC of 16%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 33% above the current price.
Score: 4.2 / 5
Checks passed
- P/E below 25
- P/E below the industry median
- P/FCF below 20
- Price below intrinsic value (DCF, moderate assumptions)
- PEG below 1.5
- Revenue growth above 10% last year
- 3-year revenue growth above 10% a year
- Profit margin improving
Checks not passed
- 3-year free cash flow growth above 10% a year
- Profitable 5 years in a row
- Share count down over 3 years (buybacks)
- 20% to 100% of free cash flow returned to shareholders
Valuation
Growth and quality
Financials, last 10 years
| Fiscal year | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $133.2B | $37.4B | $25.1B | $15.5B | $30.8B | $27.7B | $21.4B | $23.4B | $30.4B | $20.3B |
| Net income | $85.0B | $8.5B | $778M | -$5.8B | $8.7B | $5.9B | $2.7B | $6.3B | $14.1B | $5.1B |
| Free cash flow | $59.0B | $1.7B | $121M | -$6.1B | $3.1B | $2.4B | $83M | $3.4B | $8.5B | $3.4B |
| EPS (diluted) | $74.33 | $7.59 | $0.70 | $-5.34 | $7.75 | $5.14 | $2.37 | $5.51 | $11.51 | $4.41 |
| Net margin | 63.8% | 22.8% | 3.1% | -37.5% | 28.2% | 21.2% | 12.5% | 27.0% | 46.5% | 25.0% |
| ROIC | 59.0% | 12.4% | 1.4% | -7.8% | 15.3% | 11.5% | 5.9% | 15.7% | 39.8% | 19.0% |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 45 analysts is $1561.91, 101% above the current price; targets range from $361.00 to $3000.00; the consensus rating is “Strong buy”; expected EPS is $176.50 for the fiscal year ending August 31, 2027.
Frequently asked questions
What is Micron Technology’s P/E ratio?
About 10.6, based on the last twelve months of diluted earnings per share (forward P/E about 4.2).
Is Micron Technology stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 33% above the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does Micron Technology pay a dividend?
Yes. The dividend yield is about 0.07%, and it has paid dividends for 5 years in our data.
Is Micron Technology a good stock to buy?
We do not give buy or sell advice. Micron Technology scores 4.2 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.