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.
Memory Market Dynamics | Explore Micron's strategic positioning in the evolving DRAM and NAND markets, with insights into stabilizing prices and shifting demand patterns |
HBM: Growth Engine | Discover how Micron's leadership in High Bandwidth Memory technology is driving revenue growth and expanding its foothold in the burgeoning AI market |
Data Center Dominance | Learn about Micron's strong presence in the data center segment, now accounting for over 50% of revenue, and its implications for future growth |
Analyst Outlook | Price targets range from $120 to $175, with an average of $139, reflecting varied perspectives on Micron's ability to navigate market challenges and capitalize on opportunities |
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 | 20.9x | 68.2x | 11.7x | |
PEG Ratio | 0.04 | 0.45 | 0.01 | |
Price/Book | 2.6x | 3.0x | 2.4x | |
Price / LTM Sales | 3.9x | 3.5x | 2.2x | |
Upside (Analyst Target) | 30.4% | 14.0% | 17.5% | |
Fair Value Upside | Unlock | 10.2% | 3.5% | Unlock |