Micron Technology (MU US)

MU US$833.59

20 minute delayed

Today ▼ -5.78%

1 year return ▲ 272.52%

Volume 6,717,838

Div yield 0.06%

PE ratio 11.21

52 week range

192.60 1,255.00

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Performance

Share price activity

Last (Price): 833.59
Change: ▼ -51.15 (-5.78)
Bid / Ask: 839.20 - 839.89
Volume: 6,717,838
Turnover: 3,072,790,639
Open: 890.10
Day Range: 829.27 - 890.95
VWAP: 856.60
Prev Close: 884.74
Last Trade: 03/11 4:00pm

Key information

Sector: Technology
Shares Issued: 1,131,423,212
NTA/Share: 121.51
Last Dividend: 0.15
Dividend Ex Date: 14 OCT 2026
Dividend Pay Date: 29 OCT 2026

Current (USD) · FY2026

Revenue: 133,188.00
EBITDA: 108,196.00
Profit: 84,969.00
Earnings Per Share (EPS): 74.33
Dividend Per Share (DPS): 0.53
Yield %: 0.06
Market Cap: 943,143.08
Price to Earnings Ratio (P/E): 11.21

Estimates (USD) · FY2027

Revenue: 282,103.94
EBITDA: 252,784.67
Profit: 201,240.16
Earnings Per Share (EPS): 175.09
Dividend Per Share (DPS): 0.66

Quantitative rating

Overvalued

Economic Moat: None
Financial Health: Moderate
Uncertainty: High

Morningstar Quantitative Rating as of 28 OCT 2026.

Quantitative Equity Rating Methodology – view here

Fair value estimate

Five-star price 610.03 Fair value 808.20 One-star price 1,070.74

Morningstar Quantitative Rating as of 28 OCT 2026.

Quantitative valuation

Buy Sell

Fair Value: 808.20
Price / Fair Value: 1.22
Valuation: Overvalued
Uncertainty: High

Morningstar Quantitative Rating as of 28 OCT 2026. The slider runs from the five-star price (610.03) to the one-star price (1,070.74).

Ratios
Currency (Price/reporting): USD/USD
Exchange Rate: 1.0000

Price - closing or last bid	982.97
Price - 12 month high	1,255.00
Price - 12 month low	192.60
Pricing date	27 OCT 2026
Volume - avg. trading volume for the last ten days	26.66
Market capitalization	1,112,449.24
12 Month High price date	25 JUN 2026
12 Month Low price date	21 NOV 2025
Volume - avg. trading volume for the last 3 months	29.78
Price - 1 Day % Change	5.84%
Price - 13 week price percent change	19.80%
Price - 26 week price percent change	94.92%
Price - 5 Day % Change	7.58%
Price - 52 week price percent change	342.96%
Price - YTD price percent change	235.91%
Price % Change Month To Date	-6.74%

EPS excluding extraordinary items - most recent fiscal year	74.330
EPS excluding extraordinary items - trailing 12 month	74.330
EPS Normalized - most recent fiscal year	75.520
Revenue/share - most recent fiscal year	116.525
Revenue/share - trailing 12 month	116.525
Book value per share - most recent fiscal year	122.524
Book value per share - most recent quarter	122.524
Book value (tangible) per share - most recent fiscal year	121.506
Book value (tangible) per share - most recent quarter	121.506
Cash per share - most recent fiscal year	33.969
Cash per share - most recent quarter	33.969
Cash Flow per share - most recent fiscal year	83.479
Cash Flow per share - trailing 12 month	83.479
Dividend per share - most recent fiscal year	0.530
Dividends per share - trailing 12 month	0.565
EBITD per share - trailing 12 month	94.660
EPS Basic excluding extraordinary items - most recent fiscal year	75.380
EPS Basic excluding extraordinary items - trailing 12 month	75.380
EPS including extraordinary items - most recent fiscal year	75.380
EPS including extraordinary items - trailing 12 month	75.380
Free Cash Flow per share - trailing 12 month	56.610

P/E excluding extraordinary items, most recent fiscal year	13.23
P/E Normalized, most recent fiscal year	13.02
Price to sales - most recent fiscal year	8.44
Price to Tangible Book - most fiscal year	8.09
Price to Free Cash Flow per Share - most recent fiscal year	17.37
Price to Cash Flow per share - trailing 12 month	11.78
Price to Book - most recent fiscal year	8.02
P/E excluding extraordinary items high, trailing 12 months	57.14
P/E excluding extraordinary items low, trailing 12 months	11.52
Net Debt, LFI	-19,646.00
Net Debt, LFY	-38,255.00
Dividend Yield - 5 Year Average	0.22%
Dividend Yield - indicated annual dividend divided by closing price	0.06%
Current Dividend Yield - Common Stock Primary Issue, LTM	0.06%

Free Cash Flow - most recent fiscal year	64,705.00
LT debt/equity - most recent fiscal year	3.39%
Payout ratio - most recent fiscal year	0.71%
Total debt/total equity - most recent fiscal year	3.74%
LT debt/equity - most recent quarter	5.75%
Total debt/total equity - most recent quarter	6.33%
Free Cash Flow - trailing 12 month	64,705.00
Payout ratio - trailing 12 month	0.71%

Revenue - most recent fiscal year	133,188.00
Revenue - trailing 12 month	133,188.00
EBITD - most recent fiscal year	108,196.00
EBITD - trailing 12 month	108,196.00
Earnings before taxes - most recent fiscal year	99,671.00
Earnings before taxes - trailing 12 month	99,671.00
Net Income available to common - most recent fiscal year	84,969.00
Net Income available to common - trailing 12 months	84,969.00
Earnings before taxes Normalized - most recent fiscal year	101,004.00
Net Income Available to Common, Normalized - most recent fiscal year	86,758.00
Earnings per Share, Normalized, Excluding Extraordinary Items, Avg. Diluted Shares Outstanding, TTM	75.52

Net Profit Margin % - 1st historical fiscal year	63.80%
Net Profit Margin % - trailing 12 month	63.80%
Operating margin - 1st historical fiscal year	74.59%
Operating margin - trailing 12 month	74.59%
Pretax margin - trailing 12 month	74.83%
Pretax margin - 1st historical fiscal year	74.83%
Operating Margin - 5 year average	20.54%
Pretax Margin - 5 year average	20.06%
Free Operating Cash Flow/Revenue, 5 Year Average	8.61%
Free Operating Cash Flow/Revenue, TTM	48.58%
Net Profit Margin - 5 year average	16.09%

Return on average assets - most recent fiscal year	70.77%
Return on average assets - trailing 12 month	70.77%
Return on average equity - most recent fiscal year	100.07%
Return on average equity - trailing 12 month	100.07%
Return on average assets - 5 year average	11.95%
Return on average equity - 5 year average	17.00%
Net Income/employee - most recent fiscal year	1,392,934.43
Revenue/employee - most recent fiscal year	2,183,409.84

Revenue growth rate, 5 year	36.89%
EPS growth rate, 5 year	70.62%
Growth rate% - dividend, 3 year	4.83%
Revenue/share (5 yr growth)	36.85%
Growth rate% - Revenue, 3 year	104.65%
Growth rate% - EPS, 3 year	—
Book value per share growth rate, 5 year	25.71%
Capital Spending growth rate, 5 year	25.08%
Earnings Before Interest, Taxes, Depreciation & Amortization, 5 Year CAGR	53.62%

Financial forecast (USD, millions except per share)

	Actuals	Estimates
	2026	2027	2028	2029

Financials (USD, millions)

Period end:	AUG 22	AUG 23	AUG 24	AUG 25	AUG 26
Fiscal year:	2022	2023	2024	2025	2026
Period length:	12 months	12 months	12 months	12 months	12 months

Announcements

Announcements are available for ASX-listed companies only.

Opinion

09/07/2026 09:09

Micron Technology (MU US) US$948.80

Micron is Samsung's closest US-listed peer, as one of only three companies globally, alongside Samsung and SK Hynix, that manufactures DRAM and NAND memory at scale. Both compete for the same AI-driven customers, including Nvidia and the hyperscalers, with demand for HBM, DDR5 and NAND driving earnings. Unlike broader semiconductor names such as Intel or Qualcomm, Micron is a pure-play memory business, making it the best listed proxy for Samsung's highly profitable Device Solutions division, which is easier to buy than the Korean stocks for most of us.

Business Summary

Micron is one of the largest semiconductor companies in the world, specializing in memory and storage chips. Its primary revenue stream comes from dynamic random access memory, or DRAM, and it also has minority exposure to not-and or NAND,flash chips. Micron serves a global customer base, selling chips into data centers, mobile phones, consumer electronics, and industrial and automotive applications. The firm is vertically integrated.