Micron Stock Analysis

MU Stock  USD 68.88  0.98  1.44%   
The main objective of Micron Technology stock analysis is to determine its intrinsic value, which is an estimate of what Micron Technology is worth, separate from its market price. There are two main types of Micron Technology's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Micron Technology's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Micron Technology's stock to identify patterns and trends that may indicate its future price movements.
The Micron Technology stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Micron Technology is usually not traded on Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day, Veterans Day ( substitute day ), Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday. Micron Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Micron Technology's ongoing operational relationships across important fundamental and technical indicators.
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 real. For more information on how to buy Micron Stock please use our How to Invest in Micron Technology guide.

Micron Stock Analysis Notes

About 85.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.19. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Micron Technology has Price/Earnings To Growth (PEG) ratio of 1.12. The entity recorded a loss per share of 2.59. The firm last dividend was issued on the 7th of July 2023. Micron Technology had 2:1 split on the 2nd of May 2000. Micron Technology, Inc. designs, develops, manufactures, and sells memory and storage products worldwide. Micron Technology, Inc. was founded in 1978 and is headquartered in Boise, Idaho. Micron Technology operates under Semiconductors classification in the United States and is traded on NASDAQ Exchange. It employs 48000 people. To find out more about Micron Technology contact Mark Durcan at 208 368 4000 or learn more at https://www.micron.com.

Micron Technology Quarterly Cost of Revenue

4.42 Billion

Micron Technology Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Micron Technology's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Micron Technology or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Micron Technology has a strong financial position based on the latest SEC filings
Over 85.0% of the company shares are owned by institutional investors
Latest headline from news.google.com: Mizuho Maintains Micron Technology Buy Recommendation - Nasdaq

Micron Technology Upcoming and Recent Events

Earnings reports are used by Micron Technology to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Micron Technology previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
27th of September 2023
Upcoming Quarterly Report
20th of December 2023
Next Financial Report
31st of August 2023
Next Fiscal Quarter End
27th of September 2023
Next Fiscal Year End
31st of May 2023
Last Quarter Report
31st of August 2022
Last Financial Announcement

Micron Largest EPS Surprises

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.
Fiscal Date
Estimated EPS
Reported EPS
View All Earnings Estimates

Micron Technology SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. Micron Technology prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that Micron Technology investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial Micron Technology specific information freely available to individual and institutional investors to make a timely investment decision.
21st of August 2023
Regulation FD Disclosure
28th of June 2023
Financial Statements and Exhibits. Results of Operations and Financial Condition
16th of June 2023
Regulation FD Disclosure
22nd of May 2023
Regulation FD Disclosure
11th of April 2023
Financial Statements and Exhibits. Other Events. Entry into a Material Definitive Agreement
28th of March 2023
Financial Statements and Exhibits. Results of Operations and Financial Condition
13th of February 2023
Unclassified Corporate Event
9th of February 2023
Financial Statements and Exhibits. Other Events. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers. Unclassified Corporate Event. Entry into a Material Definitive Agreement

Micron Technology Thematic Classifications

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Micron Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Micron Technology is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Micron Technology backward and forwards among themselves. Micron Technology's institutional investor refers to the entity that pools money to purchase Micron Technology's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Last TransactionTypeSharesValue
Vanguard Group Inc2023-06-30Common Shares93.9 M5.9 B
State Street Corp2023-06-30Common Shares46.2 M2.9 B
Primecap Management Co2023-06-30Common Shares38 M2.4 B
Sanders Capital Llc2023-06-30Common Shares22 M1.4 B
Price T Rowe Associates Inc2023-06-30Common Shares18.5 M1.2 B
Wellington Management Group Llp2023-06-30Common Shares12.1 M765.3 M
Northern Trust Corp2023-06-30Common Shares10.8 M678.6 M
Norges Bank2022-12-31Common Shares11.6 M581.6 M
Voya Investment Management Llc2023-06-30Common Shares8.4 M529.9 M
Parnassus Investments Llc2023-06-30Common Shares8.1 M512.3 M
Ubs Asset Management Americas Inc2023-06-30Common Shares8.3 M503.6 M
Note, although Micron Technology's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Micron Market Capitalization

The company currently falls under 'Large-Cap' category with a market capitalization of 75.44 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Micron Technology's market, we take the total number of its shares issued and multiply it by Micron Technology's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Micron Profitablity

Micron Technology's profitability indicators refer to fundamental financial ratios that showcase Micron Technology's ability to generate income relative to its revenue or operating costs. If, let's say, Micron Technology is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Micron Technology's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Micron Technology's profitability requires more research than a typical breakdown of Micron Technology's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Net Profit Margin (PM) of (0.16) %, which may indicate that it does not properly execute on its own pricing strategies. This is way below average. Likewise, it shows Net Operating Margin (NOM) of (0.14) %, which signifies that for every 100 dollars of sales, it has a net operating loss of $0.14.
Last ReportedProjected for 2023
Return on Investment 22.60  24.38 
Return on Average Assets 0.16  0.16 
Return on Average Equity 0.33  0.26 
Return on Invested Capital 0.18  0.19 
Return on Sales 0.29  0.29 

Management Efficiency

Micron Technology has Return on Asset (ROA) of (0.0247) % which means that for every 100 dollars spent on asset, it generated a loss of $0.0247. This is way below average. Likewise, it shows a return on total equity (ROE) of (0.0615) %, which implies that it produced no returns to current stockholders. Micron Technology's management efficiency ratios could be used to measure how well Micron Technology manages its routine affairs as well as how well it operates its assets and liabilities. Micron Technology Return on Investment is comparatively stable at the moment as compared to the past year. Micron Technology reported Return on Investment of 22.60 in 2022. Return on Average Assets is likely to gain to 0.16 in 2023, whereas Return on Average Equity is likely to drop 0.26 in 2023. Current Liabilities is likely to gain to about 6 B in 2023, whereas Total Liabilities is likely to drop slightly above 15.8 B in 2023.
Last ReportedProjected for 2023
Book Value per Share 17.10  22.83 
Enterprise Value over EBIT 7.00  7.18 
Enterprise Value over EBITDA 4.47  4.43 
Price to Book Value 1.91  1.74 
Tangible Assets Book Value per Share 30.96  36.74 
Enterprise Value43.2 B48.5 B
Tangible Asset Value33.7 B40.2 B
The analysis of Micron Technology's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Micron Technology's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Micron Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Long Term Debt Total
6.8 B
Short Long Term Debt Total
7.5 B
Forward Dividend Rate
Interest Expense
189 M
Total Operating Expenses
4.1 B

Technical Drivers

As of the 24th of September, Micron Technology secures the Downside Deviation of 2.0, risk adjusted performance of 0.0351, and Mean Deviation of 1.44. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Micron Technology, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We are able to break down and analyze data for nineteen technical drivers for Micron Technology, which can be compared to its peers in the industry. Please verify Micron Technology mean deviation, information ratio, as well as the relationship between the Information Ratio and downside variance to decide if Micron Technology is priced some-what accurately, providing market reflects its recent price of 68.88 per share. Given that Micron Technology has jensen alpha of 0.0996, we recommend you to check Micron Technology's last-minute market performance to make sure the company can sustain itself at a future point.

Micron Technology Price Movement Analysis

null. The output start index for this execution was zero with a total number of output elements of zero. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Micron Technology middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Micron Technology. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Micron Technology Outstanding Bonds

Micron Technology issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Micron Technology uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Micron bonds can be classified according to their maturity, which is the date when Micron Technology has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Micron Technology Technical and Predictive Indicators

Micron Technology Forecast Models

Micron Technology's time-series forecasting models are one of many Micron Technology's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Micron Technology's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Micron Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Micron Technology prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Micron shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Micron Technology. By using and applying Micron Stock analysis, traders can create a robust methodology for identifying Micron entry and exit points for their positions.
Last ReportedProjected for 2023
Operating Margin 28.77  22.87 
EBITDA Margin 0.48  0.50 
Gross Margin 0.41  0.43 
Profit Margin 0.25  0.25 

Current Micron Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Micron analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Micron analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
Micron Technology current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Micron analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Micron stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Micron Technology, talking to its executives and customers, or listening to Micron conference calls.
Micron Analyst Advice Details

Micron Stock Analysis Indicators

Micron Technology stock analysis indicators help investors evaluate how Micron Technology stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Micron Technology shares will generate the highest return on investment. By understating and applying Micron Technology stock analysis, traders can identify Micron Technology position entry and exit signals to maximize returns.
Begin Period Cash Flow7.8 B
Long Term Debt6.8 B
Common Stock Shares Outstanding1.1 B
Total Stockholder Equity49.9 B
Total Cashflows From Investing Activities-11.6 B
Tax Provision888 M
Quarterly Earnings Growth Y O Y-0.432
Property Plant And Equipment Net39.2 B
Cash And Short Term Investments9.3 B
Cash8.3 B
Accounts Payable2.1 B
Net Debt-746 M
50 Day M A67.5106
Total Current Liabilities7.5 B
Other Operating Expenses21 B
Non Current Assets Total44.5 B
Forward Price Earnings454.5455
Common Stock Total Equity123 M
Non Currrent Assets Other1.3 B
Stock Based Compensation514 M
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 real. For more information on how to buy Micron Stock please use our How to Invest in Micron Technology guide. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

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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
Dividend Share
Earnings Share
Revenue Per Share
Quarterly Revenue Growth
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.