Skip to main content
MU logo

Micron Technology, Inc. (MU) Stock: Price, Forecast & Analyst Target

Micron Technology, Inc. (MU) — MoonshotScore 99/100 (Exceptional band), calculated Oct 5, 2026. Price $1063.96 (-1.02%), as of the Oct 5, 2026 trading session; market cap $1.20T. Expected results Dec 23, 2026.

Educational signal · not a buy or sell recommendation · How to read this

Market value / cash and short-term investments: 27.63× (market value Oct 5, 2026; cash Sep 3, 2026) · expected results Dec 23, 2026

$1063.96 −$10.93 (-1.02%) Market Cap $1.20T

Micron Technology, Inc. · MU · NASDAQ · Technology · Semiconductors

Research dated 2026-09-13: Micron manufactures memory and storage products for data centers, mobile devices, personal computing, vehicles, industrial systems and consumer electronics. Its prospects depend on whether the sharp expansion in DRAM-led sales and profitability can persist while the company commits substantially more capital to new capacity.

Price as of Oct 5, 2026

Key Statistics

99 of 100

MoonshotScore v2 · Micron Technology (MU)

Exceptional
Business Quality Elite (99)
Financial Safety Fortress (93)
Valuation Full (57)
Growth Durability Compounding (98)
Momentum Surging (97)
Why this rating? Method, drivers & history

Bands for the MoonshotScore: Exceptional 80-100 · Strong 65-79 · Fair 45-64 · Weak below 45.

  • Business Quality — Is this a genuinely good business?
  • Financial Safety — Could this blow up on me?
  • Valuation — Am I paying a fair price?
  • Growth Durability — Is the growth real and likely to last?
  • Momentum — Is the market already moving on this?
The ten-second read ·

Elite quality, a fortress balance sheet and elite growth, with no real weak spot — fairly priced, so not a bargain entry; the market is already moving on it. Business Quality: Elite; Financial Safety: Fortress; Valuation: Full; Growth Durability: Compounding; Momentum: Surging.

  • quarterly revenue $41.46B (Q3 FY2026, quarter ended May 2026)
  • EPS beat 8 of 8
  • Altman Z 16.36 · Piotroski F 8

Helping: business quality, balance-sheet strength, durable growth, positive momentum

What has the MoonshotScore done over time?

MoonshotScore snapshots recorded for MU (30 recorded, newest six shown)
RecordedScoreBand
98Exceptional
98Exceptional
98Exceptional
99Exceptional
99Exceptional
99Exceptional

The score was 99 in the stored Oct 4, 2026 snapshot and remains 99 in the current publication computed Oct 5, 2026 (0).

Calculation uses the most recent completed US trading session. Live price changes do not update the score immediately.

Computed · Educational signal · not a buy or sell recommendation · How the MoonshotScore is computed →

Price & valuation

Dates shown where recorded
MeasureValueAs of
Latest provided price$1063.96
Change on the day-1.02%
52-week range$179.61 – $1255.00
Market capitalisation$1.20T
Price / earnings (trailing)14.15
Shares traded on the day17.9M
Beta (volatility vs the S&P 500)2.22
Dividends per share (last 12 months)$0.41
Dividend yield (last 12 months)0.04%

Price & events

Weekly closing price with reported quarters marked Weekly closing price from Sep 5, 2025 to Oct 5, 2026: low $131, high $1,134, latest $1,064. 4 reported quarters marked, 4 above and 0 below the recorded estimate. $1,134 $131 high $1,134 Dec 17, 2025 · Earnings results · reported above the recorded estimate · close $2661Mar 18, 2026 · Earnings results · reported above the recorded estimate · close $4232Jun 24, 2026 · Earnings results · reported above the recorded estimate · close $1,1323Sep 30, 2026 · Earnings results · reported above the recorded estimate · close $1,0754 Sep 5, 2025 Oct 5, 2026 · $1,064 $131Sep 5, 2025$163Sep 19, 2025$188Oct 3, 2025$202Oct 17, 2025$224Oct 31, 2025$247Nov 14, 2025$236Nov 28, 2025$241Dec 12, 2025$285Dec 26, 2025$345Jan 9, 2026$400Jan 23, 2026$395Feb 6, 2026$428Feb 20, 2026$370Mar 6, 2026$423Mar 20, 2026$366Apr 2, 2026$455Apr 17, 2026$542May 1, 2026$725May 15, 2026$971May 29, 2026$982Jun 12, 2026$1,132Jun 26, 2026$979Jul 10, 2026$921Jul 24, 2026$878Aug 7, 2026$967Aug 21, 2026$1,017Sep 4, 2026$1,016Sep 18, 2026$1,075Oct 2, 2026

Triangles mark reported quarters on the line: pointing up is above the recorded estimate, down is below, a diamond means no estimate on file. Numbers key to the dated list. Point at or tab to any week for its close.

Events behind the price

  • · Earnings results · above the recorded estimate
  • · Earnings results · above the recorded estimate
  • · Earnings results · above the recorded estimate
  • · Earnings results · above the recorded estimate

Results dates follow the earnings feed; call dates follow the transcript provider. Nearby dates do not establish that an event caused a price move.

Upcoming events

As of

Dated events ahead, in order, not to scaleOct 14, 2026, Ex-dividend date; Oct 29, 2026, Dividend payment date; Dec 23, 2026, Next results due. Spacing is order only and carries no duration.Oct 5, 20261Oct 14, 20262Oct 29, 20263Dec 23, 2026
  1. Ex-dividend dateCompany record
  2. Dividend payment dateCompany record
  3. Next results dueProvider estimate

Chronological order, not a duration scale. The provider's estimated date can change.

What to watch next

Council Score · weighted blend of 2 available disciplines

Council score for Micron Technology (MU): Strongly Bullish

78/100 · A

Some lenses disagree with the MoonshotScore. Compare their readings below; each uses a different method.

5-Factor Breakdown

Growth Durability Strong
Momentum Strong
Business Quality Strong
Financial Safety Strong
Valuation Neutral

Legends Council

4 lenses, 4 current

AI simulations built from the named investors' published principles. Not affiliated with, endorsed by, or the opinion of these individuals. How these lenses are built

Griffin-style lens (simulated) Ken Griffin Favorable read
Englander-style lens (simulated) Izzy Englander Unfavorable read
Klarman-style lens (simulated) Seth Klarman Unfavorable read
Moon AI lens (model) Favorable read

Read on: Oct 5, 2026

Munger's Mindset

Balance Sheet & Valuation · historical

Financial Health Strong
Margin of Safety Fairly Valued
Profit Margin Strong
Revenue Growth Strong
Debt/Equity Strong
ROE Strong
Gross Margin Strong

Read on: Sep 9, 2026 · older than the 27 hours refresh window; not a current reading

How to read these bars and different assessments

Council is a separate blend of available disciplines; MoonshotScore above remains the five-pillar research rating.

Bars show each model's ordered assessment on its own scale, not a probability or a comparable investment return. The adjacent words give the assessment; more filled segments indicate a stronger model reading.

Two of these lenses read this company less favourably than the MoonshotScore does: Englander-style lens and Klarman-style lens. Each lens is a separate scoring function over its own inputs, so a disagreement is a difference of method rather than a correction — the page's answer stays the MoonshotScore above.

On Sep 9, 2026, the Munger lens read the price at that time as fairly valued against its own estimate of value.

Readings on this page are from Oct 5, 2026, except a card that shows its own read date.

Watch the MU film — every key number, told as a short cinematic story

~2 min · open the film

1 · What is it?

What is Micron Technology (MU), and what does it report?

Short answer · as of

Micron sells DRAM, NAND and NOR products through its own brands, private labels, direct sales and distribution channels.

Research dated 2026-09-13.

Micron sells DRAM, NAND and NOR products through its own brands, private labels, direct sales and distribution channels. It is not a broad semiconductor supplier: DRAM contributes most reported product revenue, while NAND provides the smaller storage line.

Reported revenue therefore measures shipments of memory and storage across compute and networking, mobile, storage and embedded markets. The recent income statement shows how strongly earnings can move when revenue and gross profit change together, making product mix and manufacturing economics more important than a generic technology label suggests.

Sources (as of 2026-09-13): Business description; Sector / industry (provider taxonomy); Revenue by segment; Quarterly income statement (USD thousands); Annual revenue and net result (USD millions)

2 · Latest results

What do the latest results show for Micron Technology (MU)?

Short answer · as of

The most recent reported quarter, Q3 FY2026, carried revenue of $41.46B.

Research dated 2026-09-13.

The latest results show an accelerating expansion rather than a modest recovery. Revenue, gross profit, operating profit and net income all rose sharply across successive periods, while reported revenue and earnings repeatedly came in above expectations.

Operating cash flow strengthened alongside accounting profit. Management expects further cash-flow growth, but it also plans a substantial increase in capital spending, with construction accounting for most of the planned increase; that is management’s stated outlook, not yet a reported outcome.

Sources (as of 2026-09-13): Quarterly income statement (USD thousands); Annual revenue and net result (USD millions); Operating cash flow by quarter (USD millions); Reported versus estimated, last 8 quarters; Management outlook — dated call excerpts

Where is operating spending going?

Revenue alongside research and development, selling, general and administrative expenses, and the FMP standardized operating result.

Latest quarter · revenue
$54.23B Sep 3, 2026
Latest quarter · R&D
$1.91B Sep 3, 2026
Latest quarter · SG&A
$859.00M Sep 3, 2026
Latest quarter · FMP standardized operating result
$44.32B Sep 3, 2026
Where is operating spending going? — FMP standardized evidence
Period endRevenueR&DSG&AFMP standardized operating result
Sep 3, 2026$54.23B$1.91B$859.00M$44.32B
May 28, 2026$41.46B$1.32B$407.00M$33.32B
Feb 26, 2026$23.86B$1.25B$344.00M$16.14B
Nov 27, 2025$13.64B$1.17B$337.00M$6.14B

USD. The operating result is the FMP-standardized value supplied by FMP; it may differ from a filing’s GAAP loss from operations when the provider classifies separately presented items differently. It is not net income or cash flow.

Did results meet expectations?

Reported earnings and revenue alongside the estimates recorded by the provider.

Latest report · revenue
$54.23B Sep 30, 2026
Latest report · revenue estimate
$51.33B Sep 30, 2026
Latest report · revenue vs estimate
Above estimate Sep 30, 2026
Latest report · EPS vs estimate
Above estimate Sep 30, 2026
Did results meet expectations? — reported evidence
Report dateRevenue · reportedRevenue · estimateEPS · reportedEPS · estimate
Sep 30, 2026$54.23B$51.33B$33.4200$31.7700
Jun 24, 2026$41.46B$35.91B$25.1100$20.9800
Mar 18, 2026$23.86B$19.97B$12.2000$9.1900
Dec 17, 2025$13.64B$12.91B$4.7800$3.9600

Dates are report dates, not fiscal period ends. Revenue is in USD; EPS is USD per share, rounded to four decimals. The earnings feed does not establish a basic, diluted or adjusted basis. Earnings-feed EPS may differ from statement EPS; the two series are not combined.

Quarterly income statement — 4 quarters
Revenue, net income and earnings per share by quarter
PeriodRevenueNet incomeEPS
Q3 FY2026$41.46B$28.24B$24.67 (diluted)
Q2 FY2026$23.86B$13.79B$12.08 (diluted)
Q1 FY2026$13.64B$5.24B$4.60 (diluted)
Aug 2025$11.31B$3.20B$2.83 (diluted)
3 · Financial strengths and risks

What are the financial strengths and risks for Micron Technology (MU)?

Short answer

Cash and short-term investments were $43.43B at the Sep 3, 2026 balance-sheet date. Operating cash flow was $43.97B for the quarter ended Sep 3, 2026, meaning operations generated cash. These figures do not establish a cash runway.

Research dated 2026-09-13.

Micron enters this investment cycle with cash and investments comfortably above debt, strong short-term liquidity and quality screens that do not signal immediate financial distress. The cash balance has also risen markedly as operating cash generation expanded.

The financial risk lies less in near-term solvency than in converting heavy capital commitments into durable returns. Capital expenditure is already large and management intends to raise it substantially, so weaker product economics or slower demand across Micron’s end markets could compress profit and free cash generation while spending remains elevated.

Sources (as of 2026-09-13): Cash, investments and debt; Cash and investment components; Cash and short-term investments over time (USD millions); Trailing twelve-month ratio set; Distress and quality screens; Operating cash flow by quarter (USD millions); Management outlook — dated call excerpts; Business description

How much cash does the business generate or use?

Quarterly operating cash flow shows cash generated or used by operations.

Latest quarter · operating cash flow
$43.97B Sep 3, 2026
Previous quarter · operating cash flow
$25.39B May 28, 2026
How much cash does the business generate or use? — reported evidence
Period endOperating cash flowCapital expenditure (reported)
Sep 3, 2026$43.97B−$17.16B
May 28, 2026$25.39B−$7.83B
Feb 26, 2026$11.90B−$6.39B
Nov 27, 2025$8.41B−$5.39B

Operating cash-flow bars share one scale and show magnitude; negative values mean cash used.

USD. Negative operating cash flow means cash used. Capital expenditure keeps the provider’s reported sign; it is not added here to estimate free cash flow or runway.

4 · What to check next?

What should you watch next at Micron Technology (MU)?

Short answer · as of

The next earnings report is expected on Dec 23, 2026.

Research dated 2026-09-13.

Watch whether the next report extends the recent sequence of revenue and earnings beats, and whether gross profit continues to rise with sales. The published estimate sets a demanding reference point after several periods of rapid expansion.

Cash conversion deserves equal attention. Operating cash flow has climbed quickly, yet capital expenditure is rising and management plans a construction-heavy increase, so the useful test is whether cash generation continues to outpace the expanding investment burden.

Sources (as of 2026-09-13): Next earnings report; Reported versus estimated, last 8 quarters; Quarterly income statement (USD thousands); Operating cash flow by quarter (USD millions); Management outlook — dated call excerpts; Analyst revenue and earnings estimates (average)

5 · Peer comparison

How does Micron Technology compare with its peers?

Short answer

Micron Technology's score ranks 1st of 13 in the bounded comparison shown, against 12 same-model peers. These are company scores, not expected investment returns. The set lists named competitors first, then companies in the same data-provider industry classification closest in market value; that classification is the provider's, not our judgment of business similarity.

Research dated 2026-09-13.

Micron is best compared through memory exposure rather than through the broad semiconductor category. DRAM supplies most product revenue, NAND adds storage exposure, and the same manufacturing platform serves cloud infrastructure, personal computing, mobile, automotive, industrial and consumer applications.

That combination creates broad end-market reach but concentrated product economics. Unlike a diversified chip portfolio, Micron’s reported performance can change dramatically as revenue and gross profit move through the memory cycle, while its fabrication footprint requires sustained research and capital spending.

Sources (as of 2026-09-13): Sector / industry (provider taxonomy); Business description; Revenue by segment; Quarterly income statement (USD thousands); Annual revenue and net result (USD millions); Operating cash flow by quarter (USD millions)

Peer set — price, market value and MoonshotScore
CompanyPriceMarket valueScore
Micron Technology (MU) — this page$1063.96$1.20T99
NVIDIA Corporation (NVDA) Same industry, near in market value$238.90 Oct 5, 2026$5.79T98 5-pillar Oct 5, 2026
Taiwan Semiconductor Manufacturing Company Limited (TSM) Same industry, near in market value$485.80 Oct 5, 2026$2.51T94 5-pillar Oct 5, 2026
Lam Research Corporation (LRCX) Named competitor$345.80 Oct 5, 2026$435B93 5-pillar Oct 5, 2026
Advanced Micro Devices, Inc. (AMD) Same industry, near in market value$631.75 Oct 5, 2026$1.03T90 5-pillar Oct 5, 2026
ASML Holding N.V. (ASML) Same industry, near in market value$1859.86 Oct 5, 2026$720B89 5-pillar Oct 5, 2026
Broadcom Inc. (AVGO) Same industry, near in market value$362.51 Oct 5, 2026$1.69T87 5-pillar Oct 5, 2026
Marvell Technology, Inc. (MRVL) Same industry, near in market value$271.25 Oct 5, 2026$238B87 5-pillar Oct 5, 2026
KLA Corporation (KLAC) Same industry, near in market value$206.85 Oct 5, 2026$270B86 5-pillar Oct 5, 2026
Applied Materials, Inc. (AMAT) Named competitor$542.28 Oct 5, 2026$431B85 5-pillar Oct 5, 2026
Texas Instruments Incorporated (TXN) Named competitor$294.90 Oct 5, 2026$269B81 5-pillar Oct 5, 2026
Analog Devices, Inc. (ADI) Same industry, near in market value$419.10 Oct 5, 2026$204B78 5-pillar Oct 5, 2026
QUALCOMM Incorporated (QCOM) Same industry, near in market value$180.79 Oct 5, 2026$190B76 5-pillar Oct 5, 2026

Only 5-pillar scores are ranked together. Other models are not directly comparable. Price and score dates are shown separately; market-value dates are unavailable.

Screen more Technology stocks

The records behind this page

Analyst targets & estimates

What analysts have on file

Price target, low to high
$1200.00 – $2200.00
Consensus target
$1554.23
Median target
$1500.00

Consensus record · Captured .

Measured against a quoted price of $1063.96 (as of Oct 5, 2026).

Insider activity

Form 4 records via FMP · Of the newest 100 records, those within the last 180 days, newest dated Sep 30, 2026

Transactions
100
Identified insiders
8
Purchases
0
Sales
92
Other transactions
8

Purchases and sales use the reported transaction category. Other transactions include awards, exercises, gifts, withholding and unclassified activity; an acquisition or disposition alone is not a purchase or sale. These records do not establish intent.

Who holds the shares?

Institutional ownership reported through 13F filings.

Institutional ownership
78.5% Period end Jun 30, 2026
Previous quarter · ownership
76.1% Prior to period end Jun 30, 2026
Reporting holders
4,171 Period end Jun 30, 2026
Previous quarter · holders
3,217 Prior to period end Jun 30, 2026
Who holds the shares? — reported evidence
Holders in provider snapshotShares
Blackrock, INC.104,827,219
Vanguard Capital Management LLC73,659,544
State Street Corp50,075,870
Jane Street Group, LLC36,420,900
Invesco Ltd.36,315,240

Quarterly filings lag the period end. Holder rows are names in the provider snapshot, not a verified ranking; individual filing dates are not supplied. Related managers may appear separately, so these positions are not summed. Holder snapshot as of Jun 30, 2026.

What has been published about Micron Technology (MU)?

Read these with our analysis →

MU Technology Stock FAQ

Research dated 2026-09-13; the answers below are from that research, and the full attribution is under Sources. The last 3 questions are answered from this page's own dated data, not from the research.

Why does Micron’s DRAM business matter more than its NAND business?

DRAM contributes most of Micron’s reported product revenue, so changes in that line carry greater weight in the companywide result. NAND remains material, but it does not currently balance the revenue mix.

Sources (as of 2026-09-13): Revenue by segment; Business description

Is Micron’s recent profit surge backed by cash generation?

Operating cash flow rose strongly alongside revenue and net income, supporting the quality of the reported improvement. Capital expenditure also increased, so operating cash growth should not be confused with cash available after investment.

Sources (as of 2026-09-13): Operating cash flow by quarter (USD millions); Quarterly income statement (USD thousands); Cash and short-term investments over time (USD millions)

What makes Micron’s planned construction spending important?

Management plans to increase capital expenditure substantially, with construction representing most of the increase. That raises the amount of cash committed before the resulting capacity demonstrates its earnings contribution.

Sources (as of 2026-09-13): Management outlook — dated call excerpts; Operating cash flow by quarter (USD millions)

Does Micron sell memory only to data centers?

Micron also serves mobile devices, personal computing, networking, automotive, industrial and consumer applications. Its reach is broad by end market even though its product revenue remains concentrated in DRAM and NAND.

Sources (as of 2026-09-13): Business description; Revenue by segment

What is the MU stock price today?

The last price recorded on this page for Micron Technology, Inc. (MU) is $1063.96, as of the Oct 5, 2026 trading session (source: Financial Modeling Prep (FMP) · quote). It is a provider snapshot, not a live exchange feed, so check a brokerage quote before you trade.

What is the MU price target?

The analyst consensus price target for Micron Technology, Inc. (MU) is $1554.23 (range $1200.00 to $2200.00, median $1500.00), per FMP data captured Oct 5, 2026. Targets are analyst opinions and change often; they are not a Stock Expert AI forecast.

Does MU pay a dividend?

Yes. Micron Technology, Inc. (MU) shows a trailing 12-month dividend yield of 0.04%, as of Oct 2, 2026, in the data on this page. Payout ratio and cash-flow coverage decide whether it can last, and past dividends do not guarantee future payments.

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

Research written by Codex (gpt-5.6-sol) on 2026-09-13. AI-authored analysis; source dates are shown with each answer. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief.

Sources (as of 2026-09-13): Business description; Revenue by segment; Quarterly income statement (USD thousands); Annual revenue and net result (USD millions); Management outlook — dated call excerpts

Sources — records for every figure on this page (84 figures)

The 84 rows below are exactly the facts the evidence-backed sections of this page printed — the 10-second verdict, the MoonshotScore, price and market value, the five questions with their receipts, and the records behind this page. Known dates and sources are recorded on their own rows; an em dash or UNRECORDED tier preserves a stored observation without inventing either. The quarterly income statement is provider-standardized (FMP) under one row, and scale definitions — a 0-100 rating, the band ladder, the Piotroski 0–9 range — are fixed rather than measured. No number in those sections was generated by a model. The register does not cover quoted third-party headlines, the dated council readings, or the Frequently Asked Questions; each of those says where it came from where it stands.

"As of" is the date the value is true for where the source carries one — a quarter end, a filing date, a price close, the day the score was computed. A cached observation with no source date remains undated; the page publication date is not used as a substitute.

OFFICIAL — 1 fact from SEC filings and earnings calls

OFFICIAL facts used on this page
Fact IDFactValue as shownAs ofTierSource
id.hqSEC filing business addressBoise, IDOFFICIALSEC EDGAR filer business address — The SEC filer business address. Our market-data provider separately lists "8000 South Federal Way, Boise, ID, 83716-9632, US".

FMP — 73 facts from Financial Modeling Prep endpoint families

FMP facts used on this page
Fact IDFactValue as shownAs ofTierSource
earn.nextNext earnings dateDec 23, 2026FMPFinancial Modeling Prep (FMP) earnings calendar — The date is our provider's estimate until the company confirms it.
px.lastLatest provided price$1063.96FMPFinancial Modeling Prep (FMP) · quote — Dated to the US trading session the price belongs to, derived from the quote record's timestamp (weekend and pre-open reads roll back to the previous weekday; exchange holidays are not modelled). The record does not establish an exchange execution time. Retrieved 2026-10-05T20:00:02.000Z.
px.changeChange on the day-1.02%FMPFinancial Modeling Prep (FMP) · quote
px.mcapMarket capitalisation$1.20TFMPFinancial Modeling Prep (FMP) · quote — Date unknown Market cap record date: 2026-10-05. FMP quote timestamp: 2026-10-05T20:00:02.000Z. Captured from FMP at 2026-10-05T22:05:59.702Z. No share-count basis is inferred; this page preserves the reported amount instead of recalculating it from shares.
px.change_absChange on the day, in dollars−$10.93FMPFinancial Modeling Prep (FMP) · quote
fin.q_revenueRevenue, Q3 FY2026$41.46BFMPFinancial Modeling Prep (FMP) · income statement (quarterly)
px.pePrice / earnings (trailing)14.15FMPFinancial Modeling Prep (FMP) · quote
px.volumeShares traded on the day17.9MFMPFinancial Modeling Prep (FMP) · quote
px.betaBeta2.22FMPFinancial Modeling Prep (FMP) company profile
id.ceoChief executiveSanjay MehrotraFMPFinancial Modeling Prep (FMP) key executives (proxy-derived) — Titles and pay come from the company's proxy statement as our provider parsed it.
id.employeesEmployees53,000FMPFinancial Modeling Prep (FMP) employee count, from the company's filing
fin.annualRevenue and net result by fiscal year5 fiscal years, FY2022 through FY2026: FY2022 revenue $30.76B, net result $8.69B; FY2023 revenue $15.54B, net result −$5.83B; FY2024 revenue $25.11B, net result $778.00M; FY2025 revenue $37.38B, net result $8.54B; FY2026 revenue $133.19B, net result $84.97BFMPFinancial Modeling Prep (FMP), from the company's 10-K income statements
fin.rev_mixReported revenue segmentsDRAM Products $28.58B · NAND Products $8.50BFMPFinancial Modeling Prep (FMP) revenue segmentation, from the company's 10-K
fin.gross_marginGross margin (trailing twelve months)80.7%FMPFinancial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm — A ratio our provider could not compute is absent rather than shown as zero.
fin.q_table.depth.2026-09-03.revenue_kRevenue — period end 2026-09-03$54.23BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-09-03.rd_kR&D — period end 2026-09-03$1.91BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-09-03.sga_kSG&A — period end 2026-09-03$859.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-09-03.operating_result_kFMP standardized operating result — period end 2026-09-03$44.32BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-05-28.revenue_kRevenue — period end 2026-05-28$41.46BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-05-28.rd_kR&D — period end 2026-05-28$1.32BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-05-28.sga_kSG&A — period end 2026-05-28$407.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-05-28.operating_result_kFMP standardized operating result — period end 2026-05-28$33.32BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-02-26.revenue_kRevenue — period end 2026-02-26$23.86BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-02-26.rd_kR&D — period end 2026-02-26$1.25BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-02-26.sga_kSG&A — period end 2026-02-26$344.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-02-26.operating_result_kFMP standardized operating result — period end 2026-02-26$16.14BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-11-27.revenue_kRevenue — period end 2025-11-27$13.64BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-11-27.rd_kR&D — period end 2025-11-27$1.17BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-11-27.sga_kSG&A — period end 2025-11-27$337.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-11-27.operating_result_kFMP standardized operating result — period end 2025-11-27$6.14BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
earn.history.depth.2026-09-30.revenue_actualRevenue · reported — report date 2026-09-30$54.23BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-09-30.revenue_estimatedRevenue · estimate — report date 2026-09-30$51.33BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-09-30.eps_actualEPS · reported — report date 2026-09-30$33.4200Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-09-30.eps_estimatedEPS · estimate — report date 2026-09-30$31.7700Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-06-24.revenue_actualRevenue · reported — report date 2026-06-24$41.46BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-06-24.revenue_estimatedRevenue · estimate — report date 2026-06-24$35.91BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-06-24.eps_actualEPS · reported — report date 2026-06-24$25.1100Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-06-24.eps_estimatedEPS · estimate — report date 2026-06-24$20.9800Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-03-18.revenue_actualRevenue · reported — report date 2026-03-18$23.86BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-03-18.revenue_estimatedRevenue · estimate — report date 2026-03-18$19.97BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-03-18.eps_actualEPS · reported — report date 2026-03-18$12.2000Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-03-18.eps_estimatedEPS · estimate — report date 2026-03-18$9.1900Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-12-17.revenue_actualRevenue · reported — report date 2025-12-17$13.64BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-12-17.revenue_estimatedRevenue · estimate — report date 2025-12-17$12.91BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-12-17.eps_actualEPS · reported — report date 2025-12-17$4.7800Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-12-17.eps_estimatedEPS · estimate — report date 2025-12-17$3.9600Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
fin.q_tableQuarterly income statement4 quarters through Q3 FY2026FMPFinancial Modeling Prep (FMP) · income statement (quarterly), as filed
fin.cash_investmentsCash and short-term investments$43.43BFMPFinancial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability. Long-term investments are excluded and remain unclassified. Restrictions on cash and short-term investments require separate review.
fin.opcf_latestLatest-quarter operating cash flow$43.97BFMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Period end: 2026-09-03. Negative operating cash flow means cash used. This figure is not a cash-runway estimate.
fin.long_term_investmentsLong-term investments (classification unverified)$30.02BFMPFinancial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability.
fin.total_debtTotal debt$5.18BFMPFinancial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability.
fin.price_to_bookPrice to book value8.78×FMPFinancial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm — A ratio our provider could not compute is absent rather than shown as zero.
fin.opcf.depth.2026-09-03.operating_cash_flow_mOperating cash flow — period end 2026-09-03$43.97BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2026-05-28.operating_cash_flow_mOperating cash flow — period end 2026-05-28$25.39BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2026-09-03.capex_mCapital expenditure (reported) — period end 2026-09-03−$17.16BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2026-05-28.capex_mCapital expenditure (reported) — period end 2026-05-28−$7.83BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2026-02-26.operating_cash_flow_mOperating cash flow — period end 2026-02-26$11.90BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2026-02-26.capex_mCapital expenditure (reported) — period end 2026-02-26−$6.39BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2025-11-27.operating_cash_flow_mOperating cash flow — period end 2025-11-27$8.41BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2025-11-27.capex_mCapital expenditure (reported) — period end 2025-11-27−$5.39BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
earn.pt_rangeAnalyst price target, low to high$1200.00 – $2200.00FMPFinancial Modeling Prep (FMP) · price-target consensus — Captured Oct 5, 2026 · Coverage not supplied
earn.pt_consensusConsensus analyst price target$1554.23FMPFinancial Modeling Prep (FMP) · price-target consensus — Captured Oct 5, 2026 · Coverage not supplied
earn.pt_medianMedian analyst price target$1500.00FMPFinancial Modeling Prep (FMP) · price-target consensus — Captured Oct 5, 2026 · Coverage not supplied
own.insidersInsider transactions via FMP100 transactions · 0 purchases, 92 sales, 8 other transactions · 8 identified insiders · of the newest 100 records, those within the last 180 days, newest dated Sep 30, 2026FMPFinancial Modeling Prep (FMP), carrying Form 4 transaction records — Purchases and sales use the reported transaction category. Other transactions include awards, exercises, gifts, withholding and unclassified activity; an acquisition or disposition alone is not a purchase or sale. These records do not establish intent.
own.institutions.depth.ownership_pctInstitutional ownership78.5%FMPFinancial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Period end Jun 30, 2026
own.institutions.depth.ownership_pct_previous_quarterPrevious quarter · ownership76.1%FMPFinancial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Prior to period end Jun 30, 2026
own.institutions.depth.holdersReporting holders4,171FMPFinancial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Period end Jun 30, 2026
own.institutions.depth.holders_previous_quarterPrevious quarter · holders3,217FMPFinancial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Prior to period end Jun 30, 2026
own.top_holders.depth.holder_0.sharesBlackrock, INC. — shares in provider snapshot104,827,219FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.
own.top_holders.depth.holder_1.sharesVanguard Capital Management LLC — shares in provider snapshot73,659,544FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.
own.top_holders.depth.holder_2.sharesState Street Corp — shares in provider snapshot50,075,870FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.
own.top_holders.depth.holder_3.sharesJane Street Group, LLC — shares in provider snapshot36,420,900FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.
own.top_holders.depth.holder_4.sharesInvesco Ltd. — shares in provider snapshot36,315,240FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.

UNRECORDED — 3 facts from stored observations whose source was not recorded

UNRECORDED facts used on this page
Fact IDFactValue as shownAs ofTierSource
earn.historyReported versus estimated, recent quartersEPS beat 8 of 8UNRECORDEDStored earnings-history observation — Captured 2026-10-03 · Expired observation
fin.scoresDistress and quality screensAltman Z 16.36 · Piotroski F 8UNRECORDEDStored financial-scores observation — Captured 2026-10-04 · Expired observation
px.range5252-week range$179.61 – $1255.00UNRECORDEDStored company-profile observation — Captured 2026-10-03

COMPUTED — 5 facts from our arithmetic, formula restated

COMPUTED facts used on this page
Fact IDFactValue as shownAs ofTierSource
fin.mcap_to_cashMarket value per dollar of cash and short-term investments27.63×—COMPUTEDComputed on this page from the figures above — The market capitalisation printed on this page divided by cash and short-term investments of $43.43B at Sep 3, 2026. Long-term investments are excluded and remain unclassified. Restrictions on cash and short-term investments require separate review. Market cap record date: 2026-10-05. Balance-sheet reference date: 2026-09-03. The inputs do not establish a single common source date for this ratio.
div.ttm_per_shareDividends per share, last 12 months (split-adjusted)$0.41COMPUTEDFinancial Modeling Prep (FMP) split-adjusted dividend history — Sum of 3 split-adjusted declared dividends with an ex-date in the 365 days to 2026-10-05, per current share. Ex-dates are not payment dates; special dividends are included. Not a declared annual rate.
div.ttm_yieldDividend yield, last 12 months0.04%COMPUTEDFinancial Modeling Prep (FMP) split-adjusted dividend history and quote — Split-adjusted dividends with ex-dates in the trailing 365-day window divided by the packet price, on the same current-share basis. Price date follows the quote, latest price bar or packet-build day when unstamped. Not a forecast or declared annual rate.
earn.history.depth.2026-09-30.revenue_actual.comparisonLatest report · revenue vs estimateAbove estimateReport date · COMPUTEDComputed from Financial Modeling Prep (FMP) earnings — Earnings-history note — Method: compare reported revenue ($54.23B) with the recorded estimate ($51.33B) at displayed precision. Equal displayed values are in line. This compares reported results with recorded estimates, not investment returns.
earn.history.depth.2026-09-30.eps_actual.comparisonLatest report · EPS vs estimateAbove estimateReport date · COMPUTEDComputed from Financial Modeling Prep (FMP) earnings — Earnings-history note — Method: compare reported EPS ($33.4200) with the recorded estimate ($31.7700) at displayed precision. Equal displayed values are in line. This compares reported results with recorded estimates, not investment returns.

OURS — 2 facts from Stock Expert AI's own score and rank

OURS facts used on this page
Fact IDFactValue as shownAs ofTierSource
ours.moonshotMoonshotScore v299 of 100 · Exceptional · pillars 99 / 93 / 57 / 98 / 97OURSStock Expert AI MoonshotScore v2 engine
ours.moonshot_changeMoonshotScore movement99 (stored snapshot Oct 4, 2026) → 99 (current publication computed Oct 5, 2026) (0)OURSStock Expert AI current score publication and immutable score snapshots

Fact-family notes

  1. Quarterly statement note. Source series as of 2026-09-03. USD. The operating result is the FMP-standardized value supplied by FMP; it may differ from a filing’s GAAP loss from operations when the provider classifies separately presented items differently. It is not net income or cash flow. Applies to Fact IDs: fin.q_table.depth.2026-09-03.revenue_k, fin.q_table.depth.2026-09-03.rd_k, fin.q_table.depth.2026-09-03.sga_k, fin.q_table.depth.2026-09-03.operating_result_k, fin.q_table.depth.2026-05-28.revenue_k, fin.q_table.depth.2026-05-28.rd_k, fin.q_table.depth.2026-05-28.sga_k, fin.q_table.depth.2026-05-28.operating_result_k, fin.q_table.depth.2026-02-26.revenue_k, fin.q_table.depth.2026-02-26.rd_k, fin.q_table.depth.2026-02-26.sga_k, fin.q_table.depth.2026-02-26.operating_result_k, fin.q_table.depth.2025-11-27.revenue_k, fin.q_table.depth.2025-11-27.rd_k, fin.q_table.depth.2025-11-27.sga_k, fin.q_table.depth.2025-11-27.operating_result_k.
  2. Earnings-history note. Source series as of 2026-09-30. Dates are report dates, not fiscal period ends. Revenue is in USD; EPS is USD per share, rounded to four decimals. The earnings feed does not establish a basic, diluted or adjusted basis. Earnings-feed EPS may differ from statement EPS; the two series are not combined. Applies to Fact IDs: earn.history.depth.2026-09-30.revenue_actual, earn.history.depth.2026-09-30.revenue_estimated, earn.history.depth.2026-09-30.revenue_actual.comparison, earn.history.depth.2026-09-30.eps_actual.comparison, earn.history.depth.2026-09-30.eps_actual, earn.history.depth.2026-09-30.eps_estimated, earn.history.depth.2026-06-24.revenue_actual, earn.history.depth.2026-06-24.revenue_estimated, earn.history.depth.2026-06-24.eps_actual, earn.history.depth.2026-06-24.eps_estimated, earn.history.depth.2026-03-18.revenue_actual, earn.history.depth.2026-03-18.revenue_estimated, earn.history.depth.2026-03-18.eps_actual, earn.history.depth.2026-03-18.eps_estimated, earn.history.depth.2025-12-17.revenue_actual, earn.history.depth.2025-12-17.revenue_estimated, earn.history.depth.2025-12-17.eps_actual, earn.history.depth.2025-12-17.eps_estimated.
  3. Cash-flow note. Source series as of 2026-09-03. USD. Negative operating cash flow means cash used. Capital expenditure keeps the provider’s reported sign; it is not added here to estimate free cash flow or runway. Applies to Fact IDs: fin.opcf.depth.2026-09-03.operating_cash_flow_m, fin.opcf.depth.2026-05-28.operating_cash_flow_m, fin.opcf.depth.2026-09-03.capex_m, fin.opcf.depth.2026-05-28.capex_m, fin.opcf.depth.2026-02-26.operating_cash_flow_m, fin.opcf.depth.2026-02-26.capex_m, fin.opcf.depth.2025-11-27.operating_cash_flow_m, fin.opcf.depth.2025-11-27.capex_m.
Published
Research standards
Methodology · Editorial policy · Corrections

Sources used for research written 2026-09-13

Historical evidence preserved with this analysis. Current figures are listed separately above.

EvidenceCaptured valueSource dateSource typeSource
Business description
Micron Technology, Inc. is a global leader specializing in the development, manufacture, and sale of advanced semiconductor memory and storage solutions. Its operations are structured across four primary business segments: Compute and Networking, Mobile, Storage, and Embedded. The company's product portfolio encompasses a range of memory and data storage technologies. These include high-speed, low-latency Dynamic Random Access Memory (DRAM) components for rapid data retrieval; non-volatile, re-programmable NAND flash storage devices; and fast-read, non-volatile, re-writable NOR memory chips. These innovative solutions are offered under its well-known Micron and Crucial brands, as well as through private label partnerships. Micron's extensive offerings cater to a diverse array of markets and applications. This includes critical infrastructure like cloud servers and enterprise data centers, personal computing (client and graphics), mobile devices such as smartphones, networking equipment, automotive systems, industrial applications, and various consumer electronics. The company utilizes a multi-faceted approach to market its products, employing a direct sales force, independent sales representatives, and a network of distributors and retailers. Additionally, it leverages a web-based direct sales channel and collaborates with various channel and distribution partners. Founded in 1978, Micron Technology, Inc. is headquartered in Boise, Idaho.
2026-09-13FMPFinancial Modeling Prep (FMP) company profile
Revenue by segment
DRAM Products: $28.58B; NAND Products: $8.50B
2025-08-28FMPFinancial Modeling Prep (FMP) revenue segmentation, from the company's 10-K
Quarterly income statement (USD thousands)
Captured record · 8 entries
  • Quarter ended 2026-05-28 — EPS: $24.67 per share, R&D: $1.32B, SG&A: $407.00M, EPS basic: $25.04 per share, EPS basis: diluted, Revenue: $41.46B, EPS diluted: $24.67 per share, Net result: $28.24B, Gross profit: $35.06B, Operating result: $33.32B
  • Quarter ended 2026-02-26 — EPS: $12.08 per share, R&D: $1.25B, SG&A: $344.00M, EPS basic: $12.25 per share, EPS basis: diluted, Revenue: $23.86B, EPS diluted: $12.08 per share, Net result: $13.79B, Gross profit: $17.75B, Operating result: $16.14B
  • Quarter ended 2025-11-27 — EPS: $4.6 per share, R&D: $1.17B, SG&A: $337.00M, EPS basic: $4.66 per share, EPS basis: diluted, Revenue: $13.64B, EPS diluted: $4.6 per share, Net result: $5.24B, Gross profit: $7.65B, Operating result: $6.14B
  • Quarter ended 2025-08-28 — EPS: $2.83 per share, R&D: $1.03B, SG&A: $314.00M, EPS basic: $2.86 per share, EPS basis: diluted, Revenue: $11.31B, EPS diluted: $2.83 per share, Net result: $3.20B, Gross profit: $5.05B, Operating result: $3.75B
  • Quarter ended 2025-05-29 — EPS: $1.68 per share, R&D: $965.00M, SG&A: $318.00M, EPS basic: $1.69 per share, EPS basis: diluted, Revenue: $9.30B, EPS diluted: $1.68 per share, Net result: $1.89B, Gross profit: $3.51B, Operating result: $2.17B
  • Quarter ended 2025-02-27 — EPS: $1.41 per share, R&D: $898.00M, SG&A: $285.00M, EPS basic: $1.42 per share, EPS basis: diluted, Revenue: $8.05B, EPS diluted: $1.41 per share, Net result: $1.58B, Gross profit: $2.96B, Operating result: $1.77B
  • Quarter ended 2024-11-28 — EPS: $1.67 per share, R&D: $906.00M, SG&A: $288.00M, EPS basic: $1.68 per share, EPS basis: diluted, Revenue: $8.71B, EPS diluted: $1.67 per share, Net result: $1.87B, Gross profit: $3.35B, Operating result: $2.17B
  • Quarter ended 2024-08-29 — EPS: $0.79 per share, R&D: $903.00M, SG&A: $295.00M, EPS basic: $0.8 per share, EPS basis: diluted, Revenue: $7.75B, EPS diluted: $0.79 per share, Net result: $887.00M, Gross profit: $2.74B, Operating result: $1.52B
2026-05-28FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements
Annual revenue and net result (USD millions)
Captured record · 5 entries
  • FY2025 — R&D: $3.80B, Revenue: $37.38B, Period end: 2025-08-28, Net result: $8.54B
  • FY2024 — R&D: $3.43B, Revenue: $25.11B, Period end: 2024-08-29, Net result: $778.00M
  • FY2023 — R&D: $3.11B, Revenue: $15.54B, Period end: 2023-08-31, Net result: -$5.83B
  • FY2022 — R&D: $3.12B, Revenue: $30.76B, Period end: 2022-09-01, Net result: $8.69B
  • FY2021 — R&D: $2.66B, Revenue: $27.70B, Period end: 2021-09-02, Net result: $5.86B
2025-08-28FMPFinancial Modeling Prep (FMP), from the company's 10-K income statements
Management outlook — dated call excerpts
Captured record · 3 entries
  • Call of 2026-06-24 — Quote: Based on our comments, you may have come up with numbers in the low to mid-40% range for FY2027 CapEx as a percent of revenue — we will be spending above that level., Speaker: Mark Murphy
  • Call of 2026-06-24 — Quote: We expect cash flow growth will increase in the fourth quarter., Speaker: Mark Murphy
  • Call of 2026-06-24 — Quote: We're also going to increase CapEx substantially next year, with more than half of that increase being construction., Speaker: Mark Murphy

Selected verbatim statements from the latest available call, dated by the transcript provider. Management expectations, not completed milestones or guarantees. Relative dates retain the speaker's wording.

2026-06-24OFFICIALCompany earnings call, transcript via Financial Modeling Prep (FMP)
Sector / industry (provider taxonomy)
Technology / Semiconductors

The company's SEC filings classify it under SIC 3674 — Semiconductors & Related Devices.

2026-09-13FMPFinancial Modeling Prep (FMP) company profile
Operating cash flow by quarter (USD millions)
Captured record · 8 entries
  • Quarter ended 2026-05-28 — Capital expenditure: -$7.83B, Operating cash flow: $25.39B
  • Quarter ended 2026-02-26 — Capital expenditure: -$6.39B, Operating cash flow: $11.90B
  • Quarter ended 2025-11-27 — Capital expenditure: -$5.39B, Operating cash flow: $8.41B
  • Quarter ended 2025-08-28 — Capital expenditure: -$5.66B, Operating cash flow: $5.73B
  • Quarter ended 2025-05-29 — Capital expenditure: -$2.94B, Operating cash flow: $4.61B
  • Quarter ended 2025-02-27 — Capital expenditure: -$4.05B, Operating cash flow: $3.94B
  • Quarter ended 2024-11-28 — Capital expenditure: -$3.21B, Operating cash flow: $3.24B
  • Quarter ended 2024-08-29 — Capital expenditure: -$3.12B, Operating cash flow: $3.40B
2026-05-28FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements
Reported versus estimated, last 8 quarters
Captured record · 8 entries
  • Reported 2026-06-24 — EPS actual: $25.11 per share, EPS estimated: $20.98 per share, Revenue actual: $41.46B, Revenue estimated: $35.91B
  • Reported 2026-03-18 — EPS actual: $12.2 per share, EPS estimated: $9.19 per share, Revenue actual: $23.86B, Revenue estimated: $19.97B
  • Reported 2025-12-17 — EPS actual: $4.78 per share, EPS estimated: $3.96 per share, Revenue actual: $13.64B, Revenue estimated: $12.91B
  • Reported 2025-09-23 — EPS actual: $3.03 per share, EPS estimated: $2.86 per share, Revenue actual: $11.31B, Revenue estimated: $11.22B
  • Reported 2025-06-25 — EPS actual: $1.91 per share, EPS estimated: $1.6 per share, Revenue actual: $9.30B, Revenue estimated: $8.86B
  • Reported 2025-03-20 — EPS actual: $1.56 per share, EPS estimated: $1.43 per share, Revenue actual: $8.05B, Revenue estimated: $7.90B
  • Reported 2024-12-18 — EPS actual: $1.79 per share, EPS estimated: $1.75 per share, Revenue actual: $8.71B, Revenue estimated: $8.71B
  • Reported 2024-09-25 — EPS actual: $1.18 per share, EPS estimated: $1.12 per share, Revenue actual: $7.75B, Revenue estimated: $7.65B
2026-06-24FMPFinancial Modeling Prep (FMP) earnings
Cash, investments and debt
Total debt: $6.38B; Liquidity basis: cash and short-term investments; Total liabilities: $33.39B; Cash and short-term investments: $26.02B; Cash and investments: $30.13B; Long-term investments: $4.11B; Long-term investments classification: unclassified

Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability.

2026-05-28FMPFinancial Modeling Prep (FMP), from the company's balance sheet
Cash and investment components
Total basis: cash short and long-term investments; Total: $30.13B; Cash and short-term investments: $26.02B; Long-term investments: $4.11B; Long-term investments classification: unclassified

Sums the balance sheet's cash and short-term investments with its long-term investments.; The long-term investment field does not establish marketability; the sum is not a measure of available liquidity.; These provider fields do not establish investment access restrictions or explain differences from third-party cash figures.

2026-05-28COMPUTEDComputed from the balance sheet
Cash and short-term investments over time (USD millions)
Captured record · 8 entries
  • 2026-05-28 — Amount: $26.02B, Cash basis: cash and short-term investments
  • 2026-02-26 — Amount: $14.62B, Cash basis: cash and short-term investments
  • 2025-11-27 — Amount: $10.32B, Cash basis: cash and short-term investments
  • 2025-08-28 — Amount: $10.31B, Cash basis: cash and short-term investments
  • 2025-05-29 — Amount: $10.81B, Cash basis: cash and short-term investments
  • 2025-02-27 — Amount: $8.21B, Cash basis: cash and short-term investments
  • 2024-11-28 — Amount: $7.59B, Cash basis: cash and short-term investments
  • 2024-08-29 — Amount: $8.11B, Cash basis: cash and short-term investments
2026-05-28FMPFinancial Modeling Prep (FMP), from the company's quarterly balance sheets
Trailing twelve-month ratio set
Quick ratio: 2.98; Current ratio: 3.42; Debt to equity: 0.06; Net margin: 55.9%; Gross margin: 72.6%; Operating margin: 65.7%; Return on assets: 37.6%; Return on equity: 70.5%

Price-based multiples captured at research time are not repeated here; the page shows each once, from current figures with their own dates. A ratio our provider could not compute is absent rather than shown as zero.

2026-09-13FMPFinancial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm
Distress and quality screens
Altman Z-score: 23.34; Piotroski F-score: 8

Altman Z below 1.8 is the conventional distress zone. The screen is built for manufacturers and industrials; for banks, insurers and property companies it is not a meaningful reading.

2026-09-13FMPFinancial Modeling Prep (FMP) financial scores
Next earnings report
Date: 2026-09-30; EPS estimate: $31.14 per share; Revenue estimate: $50.42B

The date is our provider's estimate until the company confirms it.

2026-09-13FMPFinancial Modeling Prep (FMP) earnings calendar
Analyst revenue and earnings estimates (average)
Captured record · 4 entries
  • FY2027 — EPS average: $155.61 per share, Revenue average: $249.62B, Revenue low: $225.86B, Revenue high: $284.30B, Analysts (revenue): 33
  • FY2028 — EPS average: $171.04 per share, Revenue average: $282.57B, Revenue low: $129.91B, Revenue high: $386.29B, Analysts (revenue): 28
  • FY2029 — EPS average: $184.98 per share, Revenue average: $344.81B, Revenue low: $244.59B, Revenue high: $435.76B, Analysts (revenue): 6
  • FY2030 — EPS average: $264.67 per share, Revenue average: $449.42B, Revenue low: $283.46B, Revenue high: $554.35B, Analysts (revenue): 3
2026-09-13FMPFinancial Modeling Prep (FMP) analyst estimates
Data Sources & Methodology
Figures come from Financial Modeling Prep (FMP). If FMP has no figure for a ticker, a price or fundamental may come from a Yahoo Finance fallback, or a price from an Alpaca fallback. SEC EDGAR is used only for filing links and company identity details (legal name, address), never for figures. AI analysis by Stock Expert AI proprietary algorithms. Technical indicators via industry-standard calculations. Last updated: .
Data Provenance
Sources: Financial Modeling Prep (FMP) — Primary · Yahoo Finance — Fallback · Alpaca — Tertiary
Last fetched:
Cache TTL: Quote 5min · Profile 7d · Financials 7d · Insider 48h
How we use AI: Numbers are pulled directly from FMP & Yahoo Finance — our AI writes the analysis, it never edits the figures.
Data provided as-is for educational purposes. Not financial advice. Methodology

Data provided for informational purposes only.

ETFs that hold MU

Funds in our ETF coverage that list MU among the top 10 holdings on their fund page, largest weight first. Each weight is the fund's reported holding weight as of the date in its row.

ETFWeightHoldings as of
ARTY ETF7.28%
NEOS Long/Short Equity Income ETF (NLSI)6.77%
Tidal Trust II Grizzle Growth ETF (DARP)6.71%
Invesco Next Gen Connectivity ETF (KNCT)5.69%
Xtrackers Artificial Intelligence and Big Data ETF (XAIX)5.09%
Invesco QQQ Trust, Series 1 (QQQ)5.01%
iShares MSCI USA Momentum Factor ETF (MTUM)4.95%
YieldMax Target 12 Semiconductor Option Income ETF (SOXY)4.46%
State Street Technology Select Sector SPDR ETF (XLK)4.40%
AIFD ETF4.04%