Micron Technology, Inc. designs, develops, manufactures, and sells memory and storage products in the United States, Taiwan, Singapore, Japan, Malaysia, China, India, and internationally. The company operates through four segments: Compute and Networking Business Unit, Mobile Business Unit, Embedded Business Unit, and Storage Business Unit. It provides memory and storage technologies comprising dynamic random access memory semiconductor devices with low latency that provide high-speed data retrieval; non-volatile and re-writeable semiconductor storage devices; and non-volatile re-writable semiconductor memory devices that provide fast read speeds under the Micron and Crucial brands, as well as through private labels. The company offers serves the data center, PC, graphics, networking, automotive, industrial, and consumer embedded markets, as well as for smartphone and other mobile-device markets. It markets its products through its direct sales force, independent sales representatives, distributors, and retailers; and web-based customer direct sales channel, as well as through channel and distribution partners. Micron Technology, Inc. was founded in 1978 and is headquartered in Boise, Idaho.
AI-Driven Growth | Micron's strategic focus on high-bandwidth memory and AI applications positions it for substantial market expansion in the rapidly evolving semiconductor landscape |
Financial Resilience | Explore Micron's robust financial performance, with revenues exceeding $10 billion and EPS outperforming expectations, signaling strong market positioning |
Market Dynamics | Delve into the shifting memory market, with projected DRAM price increases and growing demand for high-performance computing solutions shaping Micron's trajectory |
Future Outlook | Analyst targets range from $95 to $200 per share, reflecting optimism about Micron's potential in the expanding AI and data center markets |
Metrics to compare | MU | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipMUPeersSector | |
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P/E Ratio | 25.5x | 68.9x | 12.0x | |
PEG Ratio | 0.03 | 0.45 | 0.01 | |
Price/Book | 4.0x | 3.0x | 2.4x | |
Price / LTM Sales | 5.8x | 3.6x | 2.4x | |
Upside (Analyst Target) | 4.3% | −10.2% | 14.4% | |
Fair Value Upside | Unlock | −0.7% | 2.2% | Unlock |