Micron has successfully leveraged its HBM3E product line to drive revenue to $41.5B in 2026Q3, achieving unprecedented operating margins of 80.4%. While the company has fortified its balance sheet with a debt-to-equity ratio of 0.06, investors should remain ca...
Price trend, volume and key moving averages
Start with the evidence for owning the stock and the risks that can break the thesis.
Micron achieved a record 84.6% gross margin in 2026Q3, reflecting significant pricing power as revenue grew to $41.5B amid strong AI-driven demand.
Micron's HBM capacity for 2026 is reportedly sold out, driven by insatiable demand for AI computing power.
Q2 FY2026 revenue surged by 196% year-over-year to $23.86 billion, with non-GAAP EPS increasing by 682%.
Micron has secured a five-year Strategic Customer Agreement, ensuring multiyear demand visibility.
The semiconductor memory market is cyclical, and a downturn could lead to oversupply and price erosion.
Micron faces significant competition in the memory chip market, which could impact pricing and market share.
Success relies on the ramp-up of HBM4 production; any delays could negatively affect stock performance.
Trailing total returns as of 9/23/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q3 2026Latest Jun 24, 2026 | $25.11+19.7% vs $20.98 | $41.5B+15.4% vs $35.9B |
Q2 2026 Mar 18, 2026 | $12.20+32.8% vs $9.19 | $23.9B+19.5% vs $20.0B |
Q4 2025 Dec 17, 2025 | $4.78+20.7% vs $3.96 | $13.6B+5.7% vs $12.9B |
Q4 2025 Sep 23, 2025 | $3.03+5.9% vs $2.86 | $11.3B+0.9% vs $11.2B |
Michael Burry increased his bearish bets Tuesday on several tech and semiconductor names while adding to long positions in a handful of consumer and retail stocks.
The Nasdaq 100 carved out a fresh intraday record by midday Tuesday as the artificial intelligence trade powered ahead.
Micron Technology, Inc. remains a Buy in my books ahead of Q4 '26 earnings, driven by persistent memory pricing power and AI-driven demand. DRAM and NAND prices are surging, with DDR5 up nearly 500% YoY, supporting margin expansion into 2026 before potential supply risks emerge. Chinese entrants like CXMT and YMTC pose a structural supply threat, with meaningful impact expected in 2027, but near-term pricing remains robust.
Micron Technology, Inc. (NASDAQ:MU) stock rose more than 6% on Tuesday as investors positioned ahead of its Sept. 30 earnings report and broader technology stocks strengthened.
Benchmark MU against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Micron Technology, Inc. (MU)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $1043.96 | $1.18T | 137.54 | 48.85% | 22.84% | 17.2% | 0.04% | |
| $121.78 | $614.26B | -2067.57 | -0.47% | -19.79% | -9.58% | — | |
| $448.17 | $154.48B | 18.07 | 35.7% | 72.95% | 118.65% | — | |
| $877.33 | $196.72B | 63.12 | 34.06% | 26.11% | 348.17% | — | |
| $92.56 | $2.28B | 19.82 | -3.65% | 6.6% | 9.1% | — | |
| $27.71 | $14.35B | -0.81 | -6.14% | -159.3% | -282.74% | — |
Micron Technology, Inc. (MU) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
Micron Technology, Inc. (MU) SEC filings — annual & quarterly reports (10-K, 10-Q)
Jun 24, 2026·SEC
Jun 9, 2026·SEC
Apr 1, 2026·SEC
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Micron Technology, Inc. (MU) stock FAQ — growth, dividends, profitability & financials explained
Micron Technology, Inc. (MU) reported $90.27B in revenue for fiscal year 2025. This represents a 2371% increase from $3.65B in 1996.
Micron Technology, Inc. (MU) grew revenue by 48.9% over the past year. This is strong growth.
Yes, Micron Technology, Inc. (MU) is profitable, generating $50.47B in net income for fiscal year 2025 (22.8% net margin).
Micron Technology, Inc. (MU) does not currently pay a meaningful dividend. The company may be reinvesting profits for growth.
Micron Technology, Inc. (MU) has a return on equity (ROE) of 17.2%. This is reasonable for most industries.
Micron Technology, Inc. (MU) generated $26.17B in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
