Micron Technology Inc (MU · NASDAQ)
MU · MARKET VIEW
Market view · as of Aug 24, 2026
Revenue (TTM)
$90.27B
+345.7% YoY
Gross margin
72.6%
EPS (latest q)
$24.89
vs $20.98 est · beat
52-wk position
77.5%
-20.3% vs 52w high · +5.0% 1mo
Price (last ~year)
Micron Technology reported substantial growth for the quarter ending May 31, 2026, with quarterly revenue reaching $41.46 billion and year-over-year earnings increasing 1,369%. The company maintains a strong financial position with $25 billion in cash against $6.38 billion in total debt, supported by an 80.4% operating margin. CEO Sanjay Mehrotra attributes this performance to sustained AI-driven memory demand, which the company characterizes as a structural shift rather than a cyclical trend.
Valuation
- Market cap
- $1.09T
- P/E
- 21.83
- PEG
- 0.142
- P/B
- 10.84
- P/S
- 12.2
- EV/EBITDA
- 15.7
- Beta
- 2.213
- Analyst target
- $1515.11
Quality & returns
- Gross margin
- 72.6%
- Operating margin
- 80.4%
- Profit margin
- 55.9%
- ROE
- 66.6%
- ROA
- 34.9%
Price movement
- Last
- $966.78
- 1-month
- +5.0%
- 3-month
- +4.1%
- RSI (14)
- 69
- vs SMA200
- +69.3%
- 52-wk position
- 77.5% -20.3% vs high
Quarterly trajectory
Revenue by quarter (oldest → newest)
| Quarter | Revenue | Op income | Net income | EBITDA |
|---|---|---|---|---|
| 2026-05-31 | $41.46B | $33.32B | $28.24B | $35.58B |
| 2026-02-28 | $23.86B | $16.14B | $13.79B | $18.48B |
| 2025-11-30 | $13.64B | $6.14B | $5.24B | $8.35B |
| 2025-08-31 | $11.31B | $3.75B | $3.20B | $5.95B |
Recent news
- Neutral Nvidia earnings this week. Probably many people are being cautious and waiting to see their earnings · 2026-08-24
- Somewhat-Bullish Micron CEO Says He Sees 'No End' To AI Memory Demand - Micron Technology (NASDAQ:MU) · 2026-08-24
- Neutral Is Everest Group (EG) Undervalued After Slower Sales And Earnings Raised New Doubts? · 2026-08-23
- Somewhat-Bullish Micron, Sandisk, and SK Hynix: History Says This About the Memory Trio's Rally · 2026-08-23
- Neutral SanDisk, Micron, Western Digital Remain Cheap as Cyclical and AI Bubble Concerns Remain · 2026-08-23
- Bullish Corporación América Airports (CAAP) Reports Q2 2026 Results, Is The 28% Undervaluation Real? · 2026-08-23
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)