Micron Technology Inc
General ticker "MU" information:
- Sector: Information Technology
- Industry: Semiconductors & Semiconductor Equipment
- Capitalization: $111.5B
Micron Technology Inc follows the US Stock Market performance with the rate: 37.7%.
Estimated limits based on current volatility of 8.3%: low 86.64$, high 102.28$
Factors to consider:
- Company included in S&P500 list
- Company pays dividends: last record date 2024-10-07, amount 0.12$ (Y0.53%)
- China accounted for 14.0% of revenue in the fiscal year ended 2023-08-31
- US accounted for 50.2% of revenue in the fiscal year ended 2023-08-31
- Earnings for 3 months up through Q1 exceed our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2024-08-29 to 2026-08-29
- 2024-08-29 to 2025-08-29 estimated range: [92.43$, 135.70$]
- 2025-08-29 to 2026-08-29 estimated range: [86.81$, 131.20$]
Financial Metrics affecting the MU estimates:
- Positive: 0.93 < Non-GAAP EPS, $ of 1.27
- Positive: 1.31 < Industry earnings per price (median), % of 2.44
- Positive: 1.03 < Operating profit margin, % of 5.19
- Positive: 7.18 < Operating cash flow per share per price, % of 7.62
- Positive: -0.25 < Return on assets ratio (scaled to [-100,100]) of 1.11
- Negative: Industry operating cash flow per share per price (median), % of 3.06 <= 3.85
- Negative: Investing cash flow per share, $ of -7.52 <= -3.48
- Negative: Industry operating profit margin (median), % of 2.58 <= 6.82
Short-term MU quotes
Long-term MU plot with estimates
Financial data
| YTD | 2022-09-01 | 2023-08-31 | 2024-08-29 |
|---|---|---|---|
| Operating Revenue | $30,792.00MM | $15,416.00MM | $25,111.00MM |
| Operating Expenses | $21,090.00MM | $21,161.00MM | $23,807.00MM |
| Operating Income | $9,702.00MM | $-5,745.00MM | $1,304.00MM |
| Non-Operating Income | $-131.00MM | $87.00MM | $-64.00MM |
| Interest Expense | $189.00MM | $388.00MM | $562.00MM |
| R&D Expense | $3,116.00MM | $3,114.00MM | $3,430.00MM |
| Income(Loss) | $9,571.00MM | $-5,658.00MM | $1,240.00MM |
| Taxes | $888.00MM | $177.00MM | $462.00MM |
| Other Income(Loss) | $4.00MM | $2.00MM | $0.00MM |
| Profit(Loss) | $8,687.00MM | $-5,833.00MM | $778.00MM |
| Stockholders Equity | $49,907.00MM | $44,120.00MM | $45,131.00MM |
| Inventory | $6,663.00MM | $8,387.00MM | $8,875.00MM |
| Assets | $66,283.00MM | $64,254.00MM | $69,416.00MM |
| Operating Cash Flow | $15,181.00MM | $1,559.00MM | $8,507.00MM |
| Capital expenditure | $12,067.00MM | $7,676.00MM | $8,386.00MM |
| Investing Cash Flow | $-11,585.00MM | $-6,191.00MM | $-8,309.00MM |
| Financing Cash Flow | $-2,980.00MM | $4,983.00MM | $-1,842.00MM |
| Earnings Per Share* | $7.81 | $-5.34 | $0.70 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.