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Micron Technology, Inc. logo

NASDAQ · MU

Micron Technology, Inc.

Technology · Semiconductors

$932.86

Down-$2.53 (-0.27%)

Updated Aug 31, 2026, 11:11 AM

SID Score

7.3/10

Composite research score

Smart Money

41/100

Neutral

Market cap
288.44B
P/E ratio
33.78
Dividend yield
0.05%
52-week range
$221.69 – $1,255.00
Volume
22.89M
Avg. volume
26.37M

Price performance

MU price history

1M range · 20 trading sessions · Daily adjusted prices

MU closed at $932.86 after 20 trading sessions, up 12.46% for the selected period.

Last close
$932.86
Period change
+12.46%
Period low
$829.50
Period high
$1,011.75
Daily close
View OHLC price history
MU OHLC price history, latest 40 sessions
DateOpenHighLowCloseVolume
Aug 28, 2026$919.29$946.7999$909.09$932.8622.89M
Aug 27, 2026$967.01$968.71$906.89$935.3928.84M
Aug 26, 2026$925.74$945.7499$924.60$938.4018.72M
Aug 25, 2026$928.975$946.67$916.30$932.9719.16M
Aug 24, 2026$934.78$936.45$887.605$910.4330.01M
Aug 21, 2026$989.675$989.96$958.26$966.7821.82M
Aug 20, 2026$935.01$977.28$929.07$974.3325.21M
Aug 19, 2026$959.355$960.00$915.18$937.10526.9M
Aug 18, 2026$957.10$978.67$926.64$940.7637.31M
Aug 17, 2026$999.55$1,036.13$995.26$1,011.7533.43M
Aug 14, 2026$979.32$984.00$956.20$971.6627.88M
Aug 13, 2026$912.89$978.00$906.50$949.8336.7M
Aug 12, 2026$912.94$935.80$899.54$911.2936.8M
Aug 11, 2026$871.80$879.00$844.62$868.5229.44M
Aug 10, 2026$863.665$894.989$854.40$861.0027.82M
Aug 7, 2026$903.60$904.80$847.02$877.5734.57M
Aug 6, 2026$843.11$913.33$827.00$881.4735.78M
Aug 5, 2026$885.30$928.98$881.20$893.1934.72M
Aug 4, 2026$866.82$902.4299$858.50$892.6737.48M
Aug 3, 2026$786.355$836.62$770.10$829.5042.98M

Latest MU news

The latest Smart Investors Daily articles mentioning MU.

MU research

Overview

Company profile and research snapshot.

Company profile

Micron is one of the largest semiconductor companies in the world, specializing in memory and storage chips. Its primary revenue stream comes from dynamic random access memory, or DRAM, and it also has minority exposure to not-and or NAND, flash chips. Micron serves a global customer base, selling chips into data centers, mobile phones, consumer electronics, and industrial and automotive applications. The firm is vertically integrated.

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Analyst outlook

Consensus and target data currently published for this company.

Consensus
Buy
Average target
$234.82
Implied upside
Analysts
30
MU recent ratings
DateFirmRatingTarget
Aug 25, 2026MizuhoOutperform
Aug 7, 2026CitigroupBuy
Jul 14, 2026KeybancOverweight
Jun 29, 2026Cantor FitzgeraldOverweight
Jun 25, 2026BarclaysOverweight
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News briefing

No generated briefing is available yet.

AI research layers

Interpretive context generated from the platform’s current data sources.

Micron Technology Stock Performance

Micron Technology shares have delivered substantial gains over the trailing twelve-month period, rising 298.39% per SID market data, reflecting the company's strong positioning in the memory and storage semiconductor cycle. Over the most recent one-month period, MU gained 6.65%, though the three-month return shows a modest decline of 3.93%, indicating some near-term consolidation. The stock currently trades at $932.86, sitting below its 50-day moving average of $955.00 but well above its 200-day moving average of $617.49, according to SID market data. The 14-day RSI reads 60.0, suggesting neither overbought nor oversold conditions. MU carries a beta of 1.548, indicating significantly higher volatility relative to the broader market. Average daily trading volume stands at approximately 26.37 million shares, reflecting robust liquidity. The company's market capitalization is approximately $288.44 billion, underscoring its position as a major large-cap semiconductor firm.

Micron Technology Valuation Analysis

Micron Technology currently trades at a price-to-earnings ratio of 33.78, per SID market data, which reflects the market's forward-looking expectations for continued earnings growth driven by AI-related memory demand. The PEG ratio stands at 0.92, according to SID market data, suggesting that the stock's valuation may be reasonable relative to its projected earnings growth rate, as readings below 1.0 generally indicate favorable growth-adjusted pricing. The price-to-book ratio is 5.33, elevated compared to historical norms for the memory industry but consistent with the sector's re-rating amid structural demand shifts. Micron's dividend yield is 0.18%, reflecting minimal capital return through dividends as the company prioritizes reinvestment. As a Technology sector constituent, Micron's valuation multiples align with peers experiencing cyclical earnings recoveries. The combination of a sub-1.0 PEG ratio and strong earnings trajectory suggests the current valuation incorporates significant growth expectations without excessive premium.

Smart Money Activity for MU

Micron Technology's smart money composite score stands at 41 out of 100, per SID market data, registering a neutral signal overall. Institutional ownership sentiment scores a perfect 25 out of 25, indicating strong conviction from large fund managers and asset allocators. In contrast, insider activity scores 0.0 out of 25, driven by 20 insider transactions over the past 90 days — all of which were sales with zero purchases, according to SEC Form 4 filings. This uniform selling pattern among corporate insiders warrants attention, though such activity can reflect routine stock compensation liquidation rather than fundamental concern. Dark pool activity scores 11.2 out of 25, suggesting moderate off-exchange institutional accumulation. Congressional trading activity scores 4.4 out of 25, indicating limited recent legislative trading interest. The divergence between maximum institutional confidence and zero insider buying creates a mixed signal profile, with the overall neutral reading reflecting the tension between these opposing indicators within the smart money framework.

Micron Technology Earnings Outlook

Micron Technology reported a significant earnings beat in its most recent quarter ending June 2026, posting actual earnings of $25.11 per share versus the consensus estimate of $20.20, representing a positive surprise of $4.91 per share, according to company earnings reports. This 24.3% beat underscores the strength of Micron's current demand environment. Looking ahead, analyst estimates project earnings of $8.42 for the quarter ending March 2026, per analyst estimates, while estimates for the September 2026 quarters stand at $31.26, reflecting expectations of substantial sequential earnings acceleration. The trajectory from $8.42 to $25.11 to projected $31.26 illustrates the anticipated ramp in profitability, driven by high-bandwidth memory and data center demand. These forward estimates imply continued margin expansion throughout the fiscal year. The magnitude of the most recent earnings surprise suggests analyst models may still be conservative in capturing Micron's revenue and margin trajectory.

Wall Street Analyst Ratings for MU

Wall Street consensus on Micron Technology remains uniformly positive, with all five most recent analyst actions maintaining bullish ratings, per SID consensus data. Mizuho reiterated its Outperform rating on August 25, 2026, while Citigroup maintained its Buy rating on August 7, 2026, according to Wall Street analyst reports. KeyBanc reaffirmed its Overweight stance on July 14, 2026, followed by Cantor Fitzgerald maintaining Overweight on June 29, 2026, and Barclays holding its Overweight rating on June 25, 2026. Notably, none of the five recent actions involved a downgrade or a shift from a prior rating, indicating sustained conviction rather than initial upgrades. The consistency across major brokerages — spanning Mizuho, Citigroup, KeyBanc, Cantor Fitzgerald, and Barclays — reflects broad institutional agreement on Micron's fundamental trajectory. This unanimity among diverse analyst firms suggests a strong consensus that Micron's positioning in the memory semiconductor market continues to support a constructive investment thesis.