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Micron Technology Earnings Estimate

MU Stock  USD 117.89  1.25  1.05%   
The next projected EPS of Micron Technology is estimated to be 0.47 with future projections ranging from a low of 0.41 to a high of 0.52. Micron Technology's most recent 12-month trailing earnings per share (EPS TTM) is at -3.43. Please be aware that the consensus of earnings estimates for Micron Technology is based on EPS before non-recurring items and includes expenses related to employee stock options.
 
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Micron Technology is projected to generate 0.47 in earnings per share on the 31st of May 2024. Micron Technology earnings estimates module stress-tests analyst consensus about projected Micron Technology EPS (Earning Per Share) to derive its highest and lowest estimates based on its historical volatility. Many public companies, such as Micron Technology, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm. By analyzing Micron Technology's earnings estimates, investors can diagnose different trends across Micron Technology's analyst sentiment over time as well as compare current estimates against different timeframes. Gross Profit is likely to gain to about (1.5 B) in 2024. Pretax Profit Margin is likely to gain to -0.4 in 2024
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Micron Technology. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.
For more information on how to buy Micron Stock please use our How to Invest in Micron Technology guide.

Micron Technology Earnings Estimation Breakdown

The calculation of Micron Technology's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Micron Technology is estimated to be 0.47 with the future projection ranging from a low of 0.41 to a high of 0.52. Please be aware that this consensus of annual earnings estimates for Micron Technology is based on EPS before non-recurring items and includes expenses related to employee stock options.
Last Reported EPS
0.42
0.41
Lowest
Expected EPS
0.47
0.52
Highest

Micron Technology Earnings Projection Consensus

Suppose the current estimates of Micron Technology's value are higher than the current market price of the Micron Technology stock. In this case, investors may conclude that Micron Technology is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Micron Technology's stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyLast Reported EPSEstimated EPS for 31st of May 2024Current EPS (TTM)
3158.89%
0.42
0.47
-3.43

Micron Technology Earnings per Share Projection vs Actual

Actual Earning per Share of Micron Technology refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Micron Technology predict the company's earnings will be in the future. The higher the earnings per share of Micron Technology, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

Micron Technology Estimated Months Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as Micron Technology, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Micron Technology should always be considered in relation to other companies to make a more educated investment decision.

Micron Quarterly Analyst Estimates and Surprise Metrics

Earnings surprises can significantly impact Micron Technology's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2024-03-20
2024-02-29-0.250.420.67268 
2023-12-20
2023-11-30-0.97-0.950.02
2023-09-27
2023-08-31-1.18-1.070.11
2023-06-28
2023-05-31-1.58-1.430.15
2023-03-28
2023-02-28-0.86-1.91-1.05122 
2022-12-21
2022-11-30-0.01-0.04-0.03300 
2022-09-29
2022-08-311.31.450.1511 
2022-06-30
2022-05-312.432.590.16
2022-03-29
2022-02-281.972.140.17
2021-12-20
2021-11-302.112.160.05
2021-09-28
2021-08-312.332.420.09
2021-06-30
2021-05-311.721.880.16
2021-03-31
2021-02-280.950.980.03
2021-01-07
2020-11-300.710.780.07
2020-09-29
2020-08-310.991.080.09
2020-06-29
2020-05-310.770.820.05
2020-03-25
2020-02-290.370.450.0821 
2019-12-18
2019-11-300.470.480.01
2019-09-26
2019-08-310.490.560.0714 
2019-06-25
2019-05-310.791.050.2632 
2019-03-20
2019-02-281.671.710.04
2018-12-18
2018-11-302.962.970.01
2018-09-20
2018-08-313.343.530.19
2018-06-20
2018-05-313.143.150.01
2018-03-22
2018-02-282.732.820.09
2017-12-19
2017-11-302.212.450.2410 
2017-09-26
2017-08-311.832.020.1910 
2017-06-29
2017-05-311.511.620.11
2017-03-23
2017-02-280.860.90.04
2016-12-21
2016-11-300.280.320.0414 
2016-10-04
2016-08-31-0.12-0.050.0758 
2016-06-30
2016-05-31-0.09-0.080.0111 
2016-03-30
2016-02-29-0.08-0.050.0337 
2015-12-22
2015-11-300.230.240.01
2015-10-01
2015-08-310.320.370.0515 
2015-06-25
2015-05-310.560.54-0.02
2015-04-01
2015-02-280.730.810.0810 
2015-01-06
2014-11-300.920.970.05
2014-09-25
2014-08-310.810.820.01
2014-06-23
2014-05-310.70.790.0912 
2014-04-03
2014-02-280.760.850.0911 
2014-01-07
2013-11-300.430.720.2967 
2013-10-10
2013-08-310.250.2-0.0520 
2013-06-19
2013-05-310.020.040.02100 
2013-03-21
2013-02-28-0.19-0.28-0.0947 
2012-12-20
2012-11-30-0.2-0.27-0.0735 
2012-09-27
2012-08-31-0.23-0.24-0.01
2012-06-20
2012-05-31-0.2-0.32-0.1260 
2012-03-22
2012-02-29-0.19-0.29-0.152 
2011-12-21
2011-11-30-0.08-0.19-0.11137 
2011-09-29
2011-08-310.01-0.14-0.151500 
2011-06-23
2011-05-310.160.07-0.0956 
2011-03-23
2011-02-280.020.070.05250 
2010-12-22
2010-11-300.280.15-0.1346 
2010-10-07
2010-08-310.380.32-0.0615 
2010-06-28
2010-05-310.430.450.02
2010-03-31
2010-02-280.240.390.1562 
2009-12-22
2009-11-300.070.230.16228 
2009-09-29
2009-08-31-0.18-0.090.0950 
2009-06-25
2009-05-31-0.43-0.57-0.1432 
2009-04-02
2009-02-28-0.64-0.82-0.1828 
2008-12-23
2008-11-30-0.45-0.72-0.2760 
2008-10-01
2008-08-31-0.24-0.27-0.0312 
2008-06-26
2008-05-31-0.28-0.3-0.02
2008-04-02
2008-02-29-0.36-0.41-0.0513 
2007-12-20
2007-11-30-0.2-0.34-0.1470 
2007-10-02
2007-08-31-0.22-0.210.01
2007-06-28
2007-05-31-0.24-0.29-0.0520 
2007-04-04
2007-02-28-0.01-0.07-0.06600 
2006-12-21
2006-11-300.20.15-0.0525 
2006-10-05
2006-08-310.140.08-0.0642 
2006-06-28
2006-05-310.090.120.0333 
2006-04-10
2006-02-280.06-0.04-0.1166 
2005-12-21
2005-11-300.110.09-0.0218 
2005-09-29
2005-08-31-0.080.070.15187 
2005-06-23
2005-05-310.02-0.2-0.221100 
2005-03-29
2005-02-280.150.170.0213 
2004-12-22
2004-11-300.220.230.01
2004-09-29
2004-08-310.20.14-0.0630 
2004-06-23
2004-05-310.090.130.0444 
2004-03-24
2004-02-29-0.06-0.040.0233 
2003-12-23
2003-11-30-0.063.0E-40.0603100 
2003-09-24
2003-08-31-0.25-0.20.0520 
2003-06-18
2003-05-31-0.52-0.360.1630 
2003-03-20
2003-02-28-0.46-0.83-0.3780 
2002-12-17
2002-11-30-0.23-0.52-0.29126 
2002-09-24
2002-08-31-0.18-0.180.0
2002-06-25
2002-05-310.06-0.04-0.1166 
2002-03-21
2002-02-28-0.05-0.050.0
2001-12-18
2001-11-30-0.39-0.44-0.0512 
2001-09-25
2001-08-31-0.34-0.280.0617 
2001-06-21
2001-05-31-0.15-0.23-0.0853 
2001-03-29
2001-02-28-0.02-0.010.0150 
2000-12-20
2000-11-300.580.580.0
2000-10-04
2000-08-310.961.20.2425 
2000-06-22
2000-05-310.350.470.1234 
2000-03-21
2000-02-290.360.29-0.0719 
1999-12-22
1999-11-300.40.60.250 
1999-10-04
1999-08-31-0.09-0.040.0555 
1999-06-23
1999-05-310.01-0.05-0.06600 
1998-12-23
1998-11-30-0.15-0.090.0640 
1998-09-28
1998-08-31-0.27-0.210.0622 
1998-06-18
1998-05-31-0.22-0.20.02
1998-03-17
1998-02-28-0.08-0.2-0.12150 
1997-12-15
1997-11-300.040.02-0.0250 
1997-09-22
1997-08-310.240.17-0.0729 
1997-06-16
1997-05-310.180.220.0422 
1997-03-17
1997-02-280.070.090.0228 
1996-12-16
1996-11-300.030.040.0133 
1996-09-19
1996-08-31-0.01-0.04-0.03300 
1996-06-13
1996-05-310.160.12-0.0425 
1996-03-14
1996-02-290.520.48-0.04
1995-12-14
1995-11-300.760.760.0
1995-09-21
1995-08-310.60.650.05
1995-06-14
1995-05-310.490.510.02

About Micron Technology Earnings Estimate

The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of Micron Technology earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current Micron Technology estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as Micron Technology fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
Please read more on our stock advisor page.
Last ReportedProjected for 2024
Retained Earnings46.9 B49.3 B
Retained Earnings Total Equity54.4 B57.1 B
Price Earnings Ratio(15.06)(14.31)
Price Earnings To Growth Ratio 0.09  0.09 

Micron Technology Investors Sentiment

The influence of Micron Technology's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Micron. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Micron Technology's public news can be used to forecast risks associated with an investment in Micron. The trend in average sentiment can be used to explain how an investor holding Micron can time the market purely based on public headlines and social activities around Micron Technology. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Micron Technology's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Micron Technology's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Micron Technology's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Micron Technology.

Micron Technology Implied Volatility

    
  39.3  
Micron Technology's implied volatility exposes the market's sentiment of Micron Technology stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Micron Technology's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Micron Technology stock will not fluctuate a lot when Micron Technology's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Micron Technology in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Micron Technology's short interest history, or implied volatility extrapolated from Micron Technology options trading.

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When determining whether Micron Technology is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Micron Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Micron Technology Stock. Highlighted below are key reports to facilitate an investment decision about Micron Technology Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Micron Technology. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.
For more information on how to buy Micron Stock please use our How to Invest in Micron Technology guide.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.

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When running Micron Technology's price analysis, check to measure Micron Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Micron Technology is operating at the current time. Most of Micron Technology's value examination focuses on studying past and present price action to predict the probability of Micron Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Micron Technology's price. Additionally, you may evaluate how the addition of Micron Technology to your portfolios can decrease your overall portfolio volatility.
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Is Micron Technology's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Micron Technology. If investors know Micron will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Micron Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.43)
Dividend Share
0.46
Earnings Share
(3.43)
Revenue Per Share
16.67
Quarterly Revenue Growth
0.577
The market value of Micron Technology is measured differently than its book value, which is the value of Micron that is recorded on the company's balance sheet. Investors also form their own opinion of Micron Technology's value that differs from its market value or its book value, called intrinsic value, which is Micron Technology's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Micron Technology's market value can be influenced by many factors that don't directly affect Micron Technology's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Micron Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Micron Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Micron Technology's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.