MU - Micron Technology, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
38.68
-1.08 (-2.72%)
At close: 4:00PM EDT

38.41 -0.27 (-0.70%)
After hours: 5:12PM EDT

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Previous Close39.76
Open38.15
Bid38.55 x 1000
Ask38.58 x 3100
Day's Range37.41 - 39.11
52 Week Range37.41 - 64.66
Volume44,577,870
Avg. Volume35,989,463
Market Cap43.873B
Beta (3Y Monthly)0.92
PE Ratio (TTM)3.36
EPS (TTM)11.51
Earnings DateDec 17, 2018 - Dec 21, 2018
Forward Dividend & YieldN/A (N/A)
Ex-Dividend Date1996-05-07
1y Target Est67.87
Trade prices are not sourced from all markets
  • These stocks may be sacrificed in a cold war with China
    CNBC Videos22 hours ago

    These stocks may be sacrificed in a cold war with China

    Jim Cramer says the escalation in the United States' trade war with China could end in an outright cold war that debilitates parts of the stock market.

  • Cramer: We could be facing a cold war with China, and the...
    CNBC Videos23 hours ago

    Cramer: We could be facing a cold war with China, and the...

    Jim Cramer says the escalation in the United States' trade war with China could end in an outright cold war that debilitates parts of the stock market.

  • Time to get out of growth and into value? Top technician ...
    CNBC Videos5 days ago

    Time to get out of growth and into value? Top technician ...

    Robert Sluymer, Fundstrat Global Advisors, on whether the market's losing momentum. With CNBC's Melissa Lee and the Fast Money traders, Dan Nathan, Brian Kelly, Karen Finerman and Guy Adami.

  • Barrons.com4 hours ago

    Micron Technology Is Under the Gun as Demand Outlook Worsens

    The price of Micron Technology stock has fallen nearly 40% since the summer, but the upside has diminished as well, according to Susquehanna analyst Mehdi Hosseini.

  • Micron (MU) Dips More Than Broader Markets: What You Should Know
    Zacks23 hours ago

    Micron (MU) Dips More Than Broader Markets: What You Should Know

    In the latest trading session, Micron (MU) closed at $39.76, marking a -1.71% move from the previous day.

  • How Texas Instruments Plans to Maximize Shareholder Returns
    Market Realistyesterday

    How Texas Instruments Plans to Maximize Shareholder Returns

    Previously, we saw that Texas Instruments’ (TXN) FCF (free cash flow) doubled YoY (year-over-year) to $1.58 billion in the second quarter, comprising 38.5% of its revenue. The company used $606 million, or 38% of its FCF, to pay dividends, and $1.0 billion to buy back stock, returning 100% of its FCF to shareholders. The company aims to increase its FCF and maximize shareholder value in the long term. As of the second quarter, Texas Instruments had generated $5.7 billion in FCF over the last 12 months and returned $5.6 billion to shareholders.

  • Micron to buy out Intel’s share of flash joint venture for $1.5 billion
    MarketWatch2 days ago

    Micron to buy out Intel’s share of flash joint venture for $1.5 billion

    Micron Technology Inc. said late Thursday it plans to buy out Intel Corp.’s share of a flash memory joint venture that the two chip makers have participated in for more than a decade.

  • TheStreet.com3 days ago

    Micron's Plans to Buy Out Intel's JV Stake Strengthen its Data Center Hand

    There's some risk in such a move, since Micron is committing to upping its exposure to a NAND flash memory market being hit by major price declines that might last well into 2019. The option is exercisable on Jan. 1, 2019, and Micron says the deal will close six to 12 months after. In a statement, Intel suggests the timing of the deal's closing is at its discretion for up to a year after the option is exercised, while indicating it long expected Micron's decision.

  • InvestorPlace4 days ago

    Goldman Sachs Has It Right on Chip Stocks — and Nvidia

    The big question with semiconductor stocks at the moment is simple. The gains in chip stocks starting in early 2016 came in part due to a belief that they weren’t. On Thursday, Goldman Sachs gave its opinion, and, with one key exception, it was mostly bearish.

  • CNBC4 days ago

    Wall Street is missing the mark on these sinking stocks, but some could make a comeback

    A handful of beaten-down stocks could be screaming buys, at least if Wall Street forecasters are any indication. Names such as Western Digital WDC , Micron MU and American Airlines AAL have lost double-digits this year, putting them among stocks trading at the largest discounts to their respective average analyst price targets. Shares of Western Digital have sunk 33 percent in the past year and would have to surge around 75 percent to touch analysts' average price target of $97.31, according to FactSet data.

  • InvestorPlace4 days ago

    Will Micron Stock Pick Up the Pace?

    Micron Technology (NASDAQ:MU) is one of the top memory chip makers in the world. But Micron stock’s strong position in one of the most important tech sectors in the world isn’t enough to keep it immune from the challenges in the global economy, especially the churning trade war with China. For example, MU stock in particular has been selling off most of the year, and in particular, in the last few months. When it was trading at a premium, the future for memory chips was bright.

  • Benzinga4 days ago

    Analysts: Micron's Buyout of Joint Flash Venture With Intel A Long-Term Positive

    Wells Fargo Securities analyst Aaron Rakers maintained an Outperform rating on  Micron with a $63 price target. Credit Suisse analyst John Pitzer maintained an Outperform rating and $90 price target. For Intel, the sale is relatively neutral, with the company now likely to accelerate the production of 3-D Xpoint at its Dalian NAND facility, the analyst said.

  • Market Realist4 days ago

    Valuation Multiples of Western Digital and Its Peers

    Western Digital’s (WDC) stock price has declined significantly since March, driven by concerns over falling memory chip prices and the tariff war. This trend has made Western Digital and other semiconductor stocks cheaper.

  • A Look at Texas Instruments’ Cash Flow
    Market Realist4 days ago

    A Look at Texas Instruments’ Cash Flow

    Texas Instruments (TXN) has been improving its profit margins by increasing its revenue and reducing production costs. The company’s main focus is on increasing its earnings and free cash flow per share. Texas Instruments expects its third-quarter EPS to rise 20.6% YoY to $1.52 (including an estimated discrete tax benefit of $10 million). Analysts expect Texas Instruments’ EPS to increase to $1.53 in the third quarter and to $1.38 in the fourth quarter, resulting in its EPS rising 56.7% YoY to $5.66 in fiscal 2018.

  • TheStreet.com4 days ago

    Micron Buying Out Intel's Stake in Flash Memory Joint Venture for $1.5 Billion

    The venture produces 3D XPoint flash memory, which Micron says is 1,000 times faster than NAND memory. Micron CEO Sanjay Mehrotra predicted that the technology will be an "essential solution for new data-hungry applications," in a press release announcing the deal. Intel noted that Micron's statement is a pre-announcement, and would cause no near-term changes in its plans.

  • WDC’s Revenues Could Move Marginally Higher in Fiscal 2020
    Market Realist4 days ago

    WDC’s Revenues Could Move Marginally Higher in Fiscal 2020

    What Do Analysts Expect from Western Digital in Q1 2019? As we noted in the previous part of this series, analysts expect Western Digital’s (WDC) revenues to fall 0.8% year-over-year in the first quarter of fiscal 2019. The chart below illustrates Western Digital’s estimated revenue increase of 8.0% in fiscal 2019.

  • Investopedia4 days ago

    Why Is Micron Bullish on 3D XPoint Technology?

    Micron Technology Inc. ( MU) plans to buy out Intel Corp.’s ( INTC) share of their flash memory joint venture. In a press release, the chipmaker said it decided to exercise its right to take full control of IM Flash Technologies when the option becomes available Jan. 1, 2019. The deal, which is expected to take between six and 12 months to complete, requires Micron to pay $1.5 million in cash and a further $1 million to cover Intel’s debt in the venture.

  • Reuters5 days ago

    Micron to buy Intel's stake in joint venture IM Flash Technologies

    The deal terms include payment of about $1.5 billion in cash, as well as taking over Intel's debt to the venture, which was about $1 billion as of Aug. 30, Micron said. Intel and Micron initially contributed about $1.2 billion each to set up IM Flash Technologies in 2006. IM Flash (Intel-Micron Flash) makes 3D XPoint used in data centres and high-end computers and the joint venture is already consolidated in Micron's reported financial statements.

  • Micron to buy Intel's stake in joint venture IM Flash Technologies
    Reuters5 days ago

    Micron to buy Intel's stake in joint venture IM Flash Technologies

    The deal terms include payment of about $1.5 billion in cash, as well as taking over Intel's debt to the venture, which was about $1 billion as of Aug. 30, Micron said. Intel and Micron initially contributed about $1.2 billion each to set up IM Flash Technologies in 2006. IM Flash (Intel-Micron Flash) makes 3D XPoint used in data centers and high-end computers and the joint venture is already consolidated in Micron's reported financial statements.

  • What Do Analysts Expect from Western Digital in Q1 2019?
    Market Realist5 days ago

    What Do Analysts Expect from Western Digital in Q1 2019?

    On October 25, Western Digital (WDC) plans to announce its earnings for the first quarter of fiscal 2019, which ended on September 28. The stock prices of Micron Technology (MU), Seagate Technology (STX), and Intel (INTC) are expected to increase 19.0%, 13.0%, and 12.0%, respectively, in their current quarters. Western Digital expects its non-GAAP EPS to fall 14.6% year-over-year to $3.04 from $3.56 in the first quarter of fiscal 2018. Analysts have a low EPS estimate of $2.65 and a high EPS estimate of $3.13 for WDC in the first quarter of fiscal 2019.

  • GlobeNewswire5 days ago

    Micron Announces Intent to Acquire Remaining Interest in IM Flash Technologies Joint Venture

    Micron Technology, Inc., (MU) today announced that the company intends to exercise its right to call Intel’s interest in the parties’ joint venture, IM Flash Technologies, LLC (IM Flash). In July 2018, Micron and Intel agreed to conclude their joint development of 3D XPoint technology after the completion of the second-generation node, which is expected to occur in the second half of Fiscal 2019.

  • InvestorPlace5 days ago

    Is It Too Early to Get Back Into Nvidia Stock?

    Amid the broader market selloff in October, NVIDIA Corporation (NASDAQ:NVDA), has also come under pressure. Despite NVDA price falling from the $290’s to the $240’s level, investors would be better off waiting a few more weeks before they invest in NVDA stock. A darling among investors over the past few years, Nvidia stock gets a lot of attention among the chip stocks.

  • Fund Managers Rotate Out of Growth and Cyclical Stocks
    Market Realist5 days ago

    Fund Managers Rotate Out of Growth and Cyclical Stocks

    In October, fund managers rotated to energy and material stocks while divesting growth and cyclical stocks. The overweight position in technology stocks declined significantly. As we highlighted in As Tech Leads the Market Decline, What are Investors Eyeing, tech stocks were the frontrunners in the sell-off as they are the same companies that have seen huge upward runs in 2018.

  • GlobeNewswire5 days ago

    Micron Celebrates 40 Years of Leadership and Innovation

    Micron Technology Inc. (MU) today marked its 40th anniversary with a celebration on the steps of the Idaho state Capitol, one of many celebrations at Micron sites around the world. From its early days as a startup in Boise 40 years ago, Micron has established itself as the world’s fourth-largest semiconductor company, with the broadest portfolio of memory and storage solutions in the industry. Today, Micron employs more than 34,000 people in 17 countries globally.