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Micron Technology, Inc. logo

NYSE · MU

Micron Technology, Inc.

Technology · Semiconductors

$927.60

Up+$3.57 (+0.39%)

Updated Sep 16, 2026, 11:42 AM

SID Score

7.3/10

Composite research score

Smart Money

42/100

Neutral

Market cap
288.44B
P/E ratio
33.78
Dividend yield
0.05%
52-week range
$221.69 – $1,255.00
Volume
20.43M
Avg. volume
26.37M

Price performance

MU price history

1M range · 20 trading sessions · Daily adjusted prices

MU closed at $927.60 after 20 trading sessions, down 1.40% for the selected period.

Last close
$927.60
Period change
-1.40%
Period low
$910.43
Period high
$1,027.77
Daily close
View OHLC price history
MU OHLC price history, latest 40 sessions
DateOpenHighLowCloseVolume
Sep 15, 2026$937.50$944.94$920.13$927.6020.43M
Sep 14, 2026$906.03$932.21$902.60$924.0327.14M
Sep 11, 2026$993.195$993.99$967.38$975.2621.74M
Sep 10, 2026$997.00$999.00$973.50$977.4126.23M
Sep 9, 2026$998.805$1,042.40$992.29$1,027.7723.81M
Sep 8, 2026$1,036.40$1,041.07$997.62$1,000.2626.6M
Sep 4, 2026$971.335$1,017.77$969.00$1,016.5935.25M
Sep 3, 2026$956.91$959.76$918.8801$958.1624.18M
Sep 2, 2026$930.825$958.00$927.1569$956.0821.44M
Sep 1, 2026$941.125$969.44$922.39$933.4427.76M
Aug 31, 2026$931.39$959.9699$930.79$958.7322.57M
Aug 28, 2026$919.29$946.7999$909.09$932.8622.89M
Aug 27, 2026$967.01$968.71$906.89$935.3928.84M
Aug 26, 2026$925.74$945.7499$924.60$938.4018.72M
Aug 25, 2026$928.975$946.67$916.30$932.9719.16M
Aug 24, 2026$934.78$936.45$887.605$910.4330.01M
Aug 21, 2026$989.675$989.96$958.26$966.7821.82M
Aug 20, 2026$935.01$977.28$929.07$974.3325.21M
Aug 19, 2026$959.355$960.00$915.18$937.10526.9M
Aug 18, 2026$957.10$978.67$926.64$940.7637.31M

Latest MU news

The latest Smart Investors Daily articles mentioning MU.

MU research

Overview

Company profile and research snapshot.

Company profile

Micron is one of the largest semiconductor companies in the world, specializing in memory and storage chips. Its primary revenue stream comes from dynamic random access memory, or DRAM, and it also has minority exposure to not-and or NAND, flash chips. Micron serves a global customer base, selling chips into data centers, mobile phones, consumer electronics, and industrial and automotive applications. The firm is vertically integrated.

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Analyst outlook

Consensus and target data currently published for this company.

Consensus
Buy
Average target
$234.82
Implied upside
Analysts
30
MU recent ratings
DateFirmRatingTarget
Aug 25, 2026MizuhoOutperform
Aug 7, 2026CitigroupBuy
Jul 14, 2026KeybancOverweight
Jun 29, 2026Cantor FitzgeraldOverweight
Jun 25, 2026BarclaysOverweight
Open full forecast

News briefing

Generated Sep 15, 2026, 9:21 PM

Why Is MU Moving Higher Today?

Micron Technology gained 0.39% today as positive momentum around AI memory demand continues to offset broader market concerns. The stock is benefiting from validation of its AI memory positioning, including recognition of its breakthrough 512GB module and analyst upgrades, even as the company navigates competitive pressures and execution risks.

    Bottom line: Micron is finding support today from AI memory tailwinds and analyst validation, with a potentially multi-year shortage scenario through 2029 providing structural demand support. However, investors should monitor competitive threats and unspecified headwinds, while watching for execution on capacity expansion and pricing dynamics as the market matures.

    Yahoo · Sep 15, 2026

    Micron Technology (MU), What Is Behind The Fresh Attention?

    Micron Technology (MU) has added a key figure to its leadership bench by appointing Deirdre Hanford as corporate vice president and president of Micron Research Labs, a role focused on long-horizon memory and AI research. Recent trading has been choppy for Micron Technology as AI related headlines and sector wide pullbacks dragged the stock down 7.3% over the past week and 11.1% over the past 90 days. Yet the year to date share price return of 194.1% and a one year total shareholder return of...

    AI research layers

    Interpretive context generated from the platform’s current data sources.

    Micron Technology Stock Performance

    Micron Technology shares traded at $927.60, reflecting a notable divergence between short-term and long-term performance trajectories. Per SID market data, MU declined 2.72% over the past month and 5.87% over the trailing three months, indicating near-term selling pressure. However, the stock delivered a remarkable 250.4% gain over the past twelve months, underscoring the strength of its longer-term uptrend driven by memory and AI-related demand. The 50-day moving average stands at $927.58, virtually identical to the current price, suggesting a critical technical inflection point. Meanwhile, the 200-day moving average sits significantly lower at $648.77, confirming the sustained bullish structure on longer timeframes. The 14-day RSI reads 52.2, per Massive/Polygon data, placing MU in neutral momentum territory. Average daily trading volume of approximately 26.4 million shares reflects robust institutional liquidity, consistent with its $288.4 billion market capitalization and elevated beta of 1.548.

    Micron Technology Valuation Analysis

    Micron Technology currently trades at a price-to-earnings ratio of 33.78, per SID market data, reflecting a premium valuation relative to historical norms for the cyclical memory semiconductor sector. However, the PEG ratio of 0.92 suggests the stock may be reasonably valued when accounting for projected earnings growth, as a PEG below 1.0 traditionally indicates growth-adjusted undervaluation. According to SEC filings, the price-to-book ratio stands at 5.33, indicating the market prices MU at more than five times its net asset value, a level consistent with investor expectations of sustained profitability improvements. The dividend yield remains modest at approximately 0.18%, reflecting Micron's capital allocation preference toward reinvestment in advanced manufacturing capacity. Within the broader technology sector, the combination of a sub-1.0 PEG ratio and a high P/E ratio highlights the market's anticipation of accelerating earnings driven by HBM and AI infrastructure demand cycles.

    Smart Money Activity for MU

    Micron Technology's composite smart money score stands at 41 out of 100 with a neutral signal, per SID market data, reflecting mixed positioning across institutional and insider channels. The institutional score registers a perfect 25 out of 25, indicating maximum conviction from large fund managers and institutional holders. In contrast, the insider trading score sits at 0 out of 25, driven by notably one-sided activity. According to SEC Form 4 filings, there were 20 insider transactions over the past 90 days, all of which were sales with zero insider purchases recorded during that period. This consistent selling pattern among corporate insiders represents a significant divergence from the strong institutional accumulation signal. The dark pool activity score of 12.0 out of 25 suggests moderate off-exchange trading interest, while congressional trading activity scored 4.4 out of 25, per 13F institutional filings, reflecting limited notable legislative member positioning. The disparity between institutional enthusiasm and persistent insider selling creates an ambiguous directional signal for MU.

    Micron Technology Earnings Outlook

    Micron Technology's most recent quarterly results demonstrated substantial outperformance, according to company earnings reports. For the quarter ending June 2026, Micron reported earnings of $25.11 per share against a consensus estimate of $20.20, delivering a positive surprise of $4.91, or approximately 24.3% above expectations. This beat underscores the accelerating profitability trajectory driven by favorable memory pricing dynamics and high-bandwidth memory demand. Looking ahead, analyst estimates project significant earnings growth. The upcoming quarter carries a consensus estimate of $8.42, per analyst estimates, while forward quarters project estimates of $31.26 and $31.30, respectively, suggesting analysts anticipate a sharp sequential ramp in profitability. The progression from $25.11 in actual results to estimates exceeding $31.00 in subsequent quarters reflects Wall Street's expectation that Micron will continue benefiting from tightening DRAM and NAND supply conditions alongside expanding AI-driven memory consumption across data center applications.

    Wall Street Analyst Ratings for MU

    Wall Street consensus on Micron Technology remains uniformly bullish, with all recent analyst actions maintaining positive ratings. Per SID consensus data, Mizuho reiterated its Outperform rating on August 25, 2026, while Citigroup maintained its Buy recommendation on August 7, 2026. Earlier in the summer, KeyBanc reaffirmed its Overweight rating on July 14, followed by Cantor Fitzgerald maintaining Overweight on June 29 and Barclays reiterating Overweight on June 25, according to Wall Street analyst reports. Notably, across all five most recent analyst actions, none involved a downgrade or a shift to a neutral or negative stance, reflecting broad conviction in Micron's growth trajectory. The consistency of these ratings from major institutions spanning both U.S. and international brokerages suggests a strong consensus view that MU's AI and HBM exposure positions the company favorably. The absence of any contrarian bearish calls among tracked analysts reinforces the prevailing positive sentiment surrounding Micron's fundamental outlook.