Micron Technology, Inc. (MU)
| Market Cap | 94.21B |
| Revenue (ttm) | 16.18B |
| Net Income (ttm) | -6.87B |
| Shares Out | 1.10B |
| EPS (ttm) | -6.28 |
| PE Ratio | n/a |
| Forward PE | 454.55 |
| Dividend | $0.46 (0.54%) |
| Ex-Dividend Date | Dec 29, 2023 |
| Volume | 8,549,232 |
| Open | 85.84 |
| Previous Close | 85.89 |
| Day's Range | 85.03 - 86.14 |
| 52-Week Range | 49.13 - 87.87 |
| Beta | 1.31 |
| Analysts | Buy |
| Price Target | 92.87 (+8.82%) |
| Earnings Date | Dec 20, 2023 |
About MU
Micron Technology, Inc. designs, develops, manufactures, and sells memory and storage products worldwide. The company operates through four segments: Compute and Networking Business Unit, Mobile Business Unit, Embedded Business Unit, and Storage Business Unit. It provides memory and storage technologies comprising dynamic random access memory semiconductor devices with low latency that provide high-speed data retrieval; non-volatile and re-writeable semiconductor storage devices; and non-volatile re-writable semiconductor memory devices that pr... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 26 analysts, the average rating for MU stock is "Buy." The 12-month stock price forecast is $92.87, which is an increase of 8.82% from the latest price.
News
If Ray Dalio took profits here, then this stock needs to catch up
If there is one thing that investors need help getting used to, it is learning where - and where not - to take cues for potentially better places to invest when they come up. Many "experts" are fighti...
Sandvik strengthens its position in sensorised tools market with the acquisition of pro-micron GmbH
STOCKHOLM , Dec. 28, 2023 /PRNewswire/ -- Sandvik has signed an agreement to acquire pro-micron GmbH, a German-based supplier of sensorised tools and automation software. Sensorised tools is a high-gr...
Micron Surged to Lead S&P 500 Gains After Its Latest Earnings Report—Here's Why
Micron Technology (MU) shares surged over 8% in intraday trading Thursday to lead S&P 500 gains after the chipmaker reported better-than-expected results and said it expects to gain from the artificia...
Chart of the Day: Micron
The 'Halftime Report' Investment Committee debate the bet on chips with CNBC's Kristina Partsinevelos.
Micron CEO Sanjay Mehrotra on earnings beat: Financial performance will continue to gain momentum
Micron CEO Sanjay Mehrotra joins 'Squawk on the Street' to discuss the company's quarterly earnings results, current quarter guidance, growth outlook, and more.
3 Charts For Investors to Watch Thursday: Warner Bros. Discovery, Micron, MCHI ETF
Here's our daily look at three charts connected to recent news-driven price moves, with key technical levels to monitor.
Why Micron's 2024 could be its best year ever
With just a few days left until Santa comes, shares of Micron Technology Inc NASDAQ: MU are set to give investors an early Christmas present. They jumped 5% in last night's after-hours sessions off th...
Micron's stock surges toward a 21-month high on back of strong earnings and analysts' raised price targets
Shares of Micron Technology Inc. MU, -4.24% jumped 7.5% in premarket trading Thursday, as they head toward a 21-month high in the wake of a strong earnings report. The memory chip maker's stock, which...
We've very bullish on semiconductors going into 2024, says BofA's Vivek Arya
Vivek Arya, Bank of America senior semiconductor analyst, joins 'Squawk Box' to discuss the state of the semiconductor industry, Micron's quarterly earnings results, industry outlook in 2024, and more...
Micron's AI Potential Has Wall Street Buzzing. The Stock Rises.
Micron shares were climbing 6% early Thursday after reporting results after the bell.
Chip giant Micron is becoming another AI play for investors
Micron Technology Inc.'s return to revenue growth last quarter as it recovers from the memory-chip downturn was in part due to the boom in AI-related chips, putting more of a spotlight on the chip mak...
Micron revenue forecasts strong recovery, shares jump
Dec 20 (Reuters) - Micron Technology (MU.O) forecast quarterly revenue above market estimates on Wednesday, and its shares jumped nearly 5% in extended trading on signs of memory chip recovery in 2024...
2024 is the recovery year for Micron, says CFRA's Angelo Zino as shares pop on quarterly earnings
Angelo Zino, CFRA Senior Equity Analyst, joins 'Closing Bell Overtime' to talk Micron's quarterly earnings.
Micron Q1 earnings: ‘big driver in 2024 is going to be AI'
Micron Technology Inc (NASDAQ: MU) is trending up in extended hours on Wednesday after reporting market-beating earnings for its fiscal first quarter. Micron issues upbeat guidance Shareholders are ha...
Micron Beats Earnings Estimates. The Stock Is Rising.
For the current quarter, the company offered a revenue forecast of $5.3 billion at the midpoint of its range
Micron Technology, Inc. Reports Results for the First Quarter of Fiscal 2024
Industry-leading technology and products address the growing demand for AI solutions Industry-leading technology and products address the growing demand for AI solutions
What To Expect From Micron's Earnings
Micron Inc. is scheduled to report earnings after Wednesday's close. The stock hit a record high of $98.45/share in 2022 and is currently trading near $82/share.
Earnings Exchange: FedEx, General Mills & Micron
New Street Advisors CEO Delano Saporu joins 'The Exchange' to discuss FedEx, General Mills, and Micron.
Cramer's Mad Dash: Micron
CNBC's Jim Cramer delivers the daily segment, Mad Dash.
This Analyst With 83% Accuracy Rate Sees Around 17% Upside In Micron Technology - Here Are 5 Stock Picks For Last Week From Wall Street's Most Accurate Analysts - Apple (NASDAQ:AAPL), Amkor Tech (NASDAQ:AMKR)
The Dow Jones index closed higher on Friday, with all three major indices recording gains for the seventh straight week. As of Friday, the Dow is higher by around 3.8% for the month, while the S&P 500...
New York state teaming up with IBM, Micron to invest in $10 billion chip research complex
New York state is joining tech giant IBM and semiconductor manufacturer Micron Technology to invest $10 billion in a state-of-the-art chip research facility at the University of Albany, Gov. Kathy Hoc...
Three buys and a bail: AMD, Micron, Nvidia & Texas Instruments
Quint Tatro, Joule Financial founder and president, joins ‘The Exchange' to discuss three buys and a bail, including AMD, Micron, Nvidia and Texas Instruments.
Micron Unveils Industry-Leading Client SSD to Fuel Demanding PC Applications for Gaming, Content Creation and Scientific Computing
Micron 3500 is the world's first performance client SSD with 200+ layer NAND Micron 3500 is the world's first performance client SSD with 200+ layer NAND
The nucleus of the economy is the semiconductor chip, says Virtus Investment's Joe Terranova
Joe Terranova, Virtus Investment Partners chief market strategist, joins 'Power Lunch' to take on the growth versus value debate and offer his market outlook.
S&P 500 Gains and Losses Today: Newmont and Boeing Up; Micron and Disney Down
U.S. equities made a slight comeback from yesterday's selloff, with the S&P 500 rising 0.1%, after a report showed that consumer confidence was up in November after three straight months of declines.