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 Momentum | Micron's strategic focus on High Bandwidth Memory positions it to capitalize on the burgeoning AI market, with projections of $10 billion run-rate by 2025 |
Financial Resilience | Despite market volatility, Micron shows strong financial health with $33.8 billion revenue and 58.2% YoY growth, signaling robust recovery in the memory secto |
Analyst Optimism | Explore varied price targets ranging from $120 to $160, reflecting confidence in Micron's growth potential and market positioning in emerging technologies |
Competitive Edge | Delve into Micron's SWOT analysis, revealing its strengths in DRAM and NAND markets, and how it navigates challenges in a fiercely competitive landscape |
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 | 66.7x | 11.6x | |
PEG Ratio | 0.04 | 0.45 | 0.01 | |
Price/Book | 2.6x | 2.9x | 2.4x | |
Price / LTM Sales | 3.8x | 3.4x | 2.2x | |
Upside (Analyst Target) | 29.4% | 18.4% | 17.7% | |
Fair Value Upside | Unlock | 7.5% | 3.6% | Unlock |