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Micron Technology, Inc. (MU) is a technology company in the semiconductors industry with $90.27B in trailing revenue trading at a 24.8× trailing P/E — analyst consensus: strong buy.
Micron Technology, Inc. designs, develops, manufactures, and sells memory and storage products in the United States, Taiwan, Japan, Mainland China, Hong Kong, Europe, and internationally. It operates through the Cloud Memory Business Unit; Core Data Center Business Unit; Mobile and Client Business Unit; and Automotive and Embedded Business Unit segments. The company provides memory products, including dynamic random access memory components and modules, CXL-based memory, LPDDR components and modules, graphics memory, high-bandwidth memory, and data center memory products; multichip packages (MCP) comprising embedded multimedia card-based, universal flash storage-based, and NAND-based MCPs; and technology leadership products that include 1y DRAM and G9 NAND technologies. It also offers storage products, such as data center solid-state drives (SSD), client SSD storage, and auto and industrial SSD storage; managed NAND; NAND flash; NOR flash; and memory cards. In addition, the company provides design tools, including FBGA and part decoders; DRAM power calculators; NAND power calculators; simulation models; chipset compatibility guides; serial presence-detection tools; cross-reference tools; UFSparm; SSD firmware; software and drivers; storage executive software; and obsolete part catalogs. It markets its semiconductor memory and storage products under the Micron and Crucial brands. The company serves the data center, PC, graphics, networking, automotive, industrial, and consumer embedded markets, as well as the smartphone and other mobile-device markets. It sells its products through its direct sales force, independent sales representatives, distributors, and retailers; web-based customer direct sales channel; and channel and distribution partners. Micron Technology, Inc. was founded in 1978 and is headquartered in Boise, Idaho.
Key Statistics
Market Cap
$1.21T
Revenue (TTM)
$90.27B
EPS (TTM)
$43.30
EPS (Fwd est.)
$159.12
Employees
53,000
Trailing P/E
24.75
Forward P/E
6.74
PEG Ratio
0.16
Price / Sales
13.41
Price / Book
12.01
EV / EBITDA
17.46
Beta (5Y)
2.22
Analyst Consensus
Consensus
Strong Buy
Analyst Price Target
+41.4% upside
Target: $1,515.54
Annual Revenue & Net Income
RevenueNet Income
'22
$30.76B
$8.69B
'23
$15.54B
$-5.83B
'24
$25.11B
$780.00M
'25
$37.38B
$8.54B
Earnings History
Quarter
Actual EPS
Estimate
Result
Jun 2026
$25.11
$20.69
Beat (+21.4%)
Mar 2026
$12.20
$9.16
Beat (+33.2%)
Dec 2025
$4.78
$3.96
Beat (+20.6%)
Sep 2025
$3.03
$2.86
Beat (+5.9%)
Next Earnings Report
Micron Technology, Inc. is next expected to report earnings on 30 Sep 2026.
Micron Technology, Inc. designs, develops, manufactures, and sells memory and storage products in the United States, Taiwan, Japan, Mainland China, Hong Kong, Europe, and internationally. It operates through the Cloud Memory Business Unit; Core Data Center Business Unit; Mobile and Client Business Unit; and Automotive and Embedded Business Unit segments. The company provides memory products, inclu…
What is MU's market cap?
Micron Technology, Inc. has a market capitalization of approximately $1.21T.
What is MU's P/E ratio?
Micron Technology, Inc. trades at a trailing P/E ratio of 24.8x and a forward P/E of 6.7x, which is below the broad market average of ~25x.
How much revenue does MU generate?
Micron Technology, Inc. generated $90.27B in trailing 12-month revenue.
What do analysts say about MU?
The analyst consensus rating for Micron Technology, Inc. is strong buy, with a mean price target of $1,515.54. That implies +41.4% upside from the current price.
When does MU report earnings?
Micron Technology, Inc. is next scheduled to report earnings on 30 Sep 2026.
Does MU pay a dividend?
Yes. Micron Technology, Inc. pays a dividend with a current yield of 0.05%, at an annual rate of $0.53 per share.
View live charts, options flow, gamma exposure, earnings history, and technical analysis for Micron Technology, Inc. on Apsis Markets.