Micron Technology Inc (MU · NASDAQ)
MU · MARKET VIEW
Market view · as of Jun 3, 2026
Revenue (TTM)
$58.12B
+196.3% YoY
Gross margin
58.4%
EPS (latest q)
$12.20
vs $9.31 est · beat
52-wk position
100.0%
0.0% vs 52w high · +84.6% 1mo
Price (last ~year)
Micron Technology (MU) reported substantial growth for the quarter ending February 28, 2026, with revenue of $23.86 billion and net income of $13.79 billion, representing year-over-year increases of 196.3% and 756.0% respectively. The company, which holds a market capitalization of $1.20 trillion and has beaten earnings estimates in each of the last four quarters, maintains $12.54 billion in cash against $10.80 billion in total debt. Morgan Stanley recently raised its price targets for the Boise-based manufacturer, citing persistent tight memory supply driven by AI infrastructure demand.
Valuation
- Market cap
- $1.20T
- P/E
- 50.12
- PEG
- 0.367
- P/B
- 16.56
- P/S
- 20.65
- EV/EBITDA
- 32.28
- Beta
- 1.919
- Analyst target
- $726.23
Quality & returns
- Gross margin
- 58.4%
- Operating margin
- 67.6%
- Profit margin
- 41.5%
- ROE
- 39.8%
- ROA
- 20.2%
Price movement
- Last
- $1064.10
- 1-month
- +84.6%
- 3-month
- +187.5%
- RSI (14)
- 76
- vs SMA200
- +205.9%
- 52-wk position
- 100.0% 0.0% vs high
Quarterly trajectory
Revenue by quarter (oldest → newest)
| Quarter | Revenue | Op income | Net income | EBITDA |
|---|---|---|---|---|
| 2026-02-28 | $23.86B | $16.14B | $13.79B | $18.52B |
| 2025-11-30 | $13.64B | $6.14B | $5.24B | $8.35B |
| 2025-08-31 | $11.31B | $3.75B | $3.20B | $5.95B |
| 2025-05-31 | $9.30B | $2.17B | $1.89B | $4.33B |
Recent news
- Bullish Texas Instruments Is a Major Winner of the AI Power Bottleneck, Investors Just Aren’t Seeing It Yet · 2026-06-03
- Somewhat-Bullish Morgan Stanley lifts MU and SNDK targets, sees 2-3 years of tight memory supply · 2026-06-03
- Somewhat-Bullish Advanced Micro Devices Inc Stock (AMD) Opened Up by 3.41% on Jun 3: Facts Behind the Movement · 2026-06-03
- Neutral AI 'chipflation' spreading from data centers to wider economy, Morgan Stanley warns · 2026-06-03
- Bullish $GraniteShares 2x Long MU Daily ETF (MULL.US)$ with a forward PE around 11, MU is still dirt cheap. I plan to hold my MULL shares. · 2026-06-03
- Neutral Westpac Banking Corp Acquires 50,291 Shares of Las Vegas Sands Corp. $LVS · 2026-06-03
Sources this view read
- fundamentals Company overview & valuation (Alpha Vantage OVERVIEW)
- filing Quarterly financial statements (Alpha Vantage INCOME/BALANCE/CASH)
- earnings Reported earnings history (Alpha Vantage EARNINGS)
- prices Adjusted daily prices (Alpha Vantage TIME_SERIES_DAILY_ADJUSTED)