MU - Micron Technology, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
33.88
+0.30 (+0.89%)
At close: 4:00PM EST

33.77 -0.11 (-0.32%)
After hours: 6:39PM EST

Stock chart is not supported by your current browser
Previous Close33.58
Open33.23
Bid33.76 x 1000
Ask33.83 x 1200
Day's Range32.66 - 34.20
52 Week Range28.39 - 64.66
Volume29,142,669
Avg. Volume33,003,173
Market Cap37.981B
Beta (3Y Monthly)1.43
PE Ratio (TTM)2.79
EPS (TTM)12.14
Earnings DateMar 20, 2019 - Mar 25, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend Date1996-05-07
1y Target Est47.76
Trade prices are not sourced from all markets
  • CNBC4 hours ago

    These stocks could surge the most if the US lowers tariffs on China and makes a trade deal

    U.S. stocks with revenue exposure to China including Skyworks Solutions, Broadcom, Micron Technology and Marvell Technology Group can be big winners if a trade deal comes through, according to HSBC.

  • Micron Is Better Positioned to Handle Cyclical Downturn
    Market Realist4 hours ago

    Micron Is Better Positioned to Handle Cyclical Downturn

    What Memory Industry Downturn Could Mean to Micron Investors(Continued from Prior Part)Micron improves its fundamentalsPreviously, we saw that the memory industry was hit by a cyclical downturn in the second half of 2018 after two years of

  • What’s Micron’s Strategy behind Acquiring IMFT Joint Venture?
    Market Realist5 hours ago

    What’s Micron’s Strategy behind Acquiring IMFT Joint Venture?

    What Memory Industry Downturn Could Mean to Micron Investors(Continued from Prior Part)Micron to acquire Intel’s stake in IMFT joint venture Micron Technology (MU) has been hit by the memory industry downturn, as memory supply has risen while the

  • Micron Stock Shows Signs of Recovery from Technical Downtrend
    Market Realist7 hours ago

    Micron Stock Shows Signs of Recovery from Technical Downtrend

    What Memory Industry Downturn Could Mean to Micron InvestorsMicron’s stock price movement Memory stock prices recorded significant movement near the beginning of the year. Stocks of memory chipmakers Micron Technology (MU) and Western Digital

  • Barrons.com8 hours ago

    5 Picks in Chip Stocks, Now That the Sector’s Hit Bottom

    Broadcom is analyst Harlan Sur’s favorite large-cap pick, although he also has Overweight ratings on Nvidia, Intel, Maxim Integrated Products, and Micron Technology.

  • Why Is Micron (MU) Up 6.9% Since Last Earnings Report?
    Zacks9 hours ago

    Why Is Micron (MU) Up 6.9% Since Last Earnings Report?

    Micron (MU) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

  • Markit11 hours ago

    See what the IHS Markit Score report has to say about Micron Technology Inc.

    # Micron Technology Inc ### NASDAQ/NGS:MU View full report here! ## Summary * Perception of the company's creditworthiness is neutral * ETFs holding this stock are seeing positive inflows but are weakening * Bearish sentiment is low * Economic output for the sector is expanding but at a slower rate ## Bearish sentiment Short interest | Positive Short interest is low for MU with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. ## Money flow ETF/Index ownership | Neutral ETF activity is neutral. The net inflows of $6.02 billion over the last one-month into ETFs that hold MU are not among the highest of the last year and have been slowing. ## Economic sentiment PMI by IHS Markit | Negative According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Technology sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. ## Credit worthiness Credit default swap | Neutral The current level displays a neutral indicator. MU credit default swap spreads are within the middle of their range for the last three years. Please send all inquiries related to the report to score@ihsmarkit.com. Charts and report PDFs will only be available for 30 days after publishing. This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

  • ACCESSWIRE11 hours ago

    Today's Research Reports on Trending Tickers: Micron Technology and NVIDIA

    NEW YORK, NY / ACCESSWIRE / January 17, 2019 / Despite concerns of a partial government shutdown, U.S. markets extended gains for the second consecutive session on Wednesday on strong earnings from Bank ...

  • ETF Trendsyesterday

    Look to Semiconductor ETFs Once U.S., China Reach a Deal

    As the U.S. and China continue talks, investors may look to the pommeled semiconductor-sector ETFs if the negotiations pull through. BlackRock Chairman and CEO Larry Fink told CNBC on Wednesday there would ...

  • CNBCyesterday

    These stocks could surge the most if and when US and China reach a trade deal

    U.S. stocks with revenue exposure to China including Skyworks Solutions, Broadcom, Micron Technology and Marvell Technology Group can be big winners if a trade deal comes through, according to HSBC.

  • Micron to Own 100% of IM Flash Post Intel's Share Purchase
    Zacksyesterday

    Micron to Own 100% of IM Flash Post Intel's Share Purchase

    Micron (MU) buys out Intel's stake in IM Flash to rev up 3-D Xpoint production and render it full flexibility for innovating on the technology and developing new-age tech tools.

  • 8 Corporate Earnings That Are Vulnerable To China's Downturn
    Investopedia2 days ago

    8 Corporate Earnings That Are Vulnerable To China's Downturn

    The steep economic slowdown in China has become cause for major concern among stock investors who own U.S. companies that derive significant revenue from that market. As the corporate earnings reporting season gets underway, this may weigh heavily on many companies' financial results -- just as it did on Apple Inc. (AAPL), when it issued gloomy forecasts based on lowered expectations in China. “My guess is, what Apple did will be the blueprint for many other companies,” says Joe LaVorgna, chief economist for the Americas at Paris-based investment banking and asset management firm Natixis, per a story in The Wall Street Journal.

  • TheStreet.com2 days ago

    Micron Confirms It's Buying Out Intel in Flash Memory Joint Venture

    share of a joint venture the two companies had to produce flash memory. Micron had said in mid-October that it planned to exercise its option to pay $1.5 billion to acquire Intel's 49% stake in IM Flash Technologies. "The IM Flash acquisition will enable Micron to accelerate our R&D and optimize our manufacturing plan for 3D XPoint," said Micron Technology President and CEO Sanjay Mehrotra in a statement.

  • Micron (MU) Stock Sinks As Market Gains: What You Should Know
    Zacks2 days ago

    Micron (MU) Stock Sinks As Market Gains: What You Should Know

    Micron (MU) closed at $33.99 in the latest trading session, marking a -1.96% move from the prior day.

  • Why Micron Is Better-Positioned for a Cyclical Downturn
    Market Realist2 days ago

    Why Micron Is Better-Positioned for a Cyclical Downturn

    Why Micron Is Better-Positioned for a Cyclical DownturnMemory market in a cyclical downturn The memory chip market was hit by a cyclical downturn in the second half of 2018 as DRAM (dynamic random-access memory) and NAND (negative AND)

  • Jeff Bezos’s Three Key Investments in the Tech Sector
    Market Realist2 days ago

    Jeff Bezos’s Three Key Investments in the Tech Sector

    How to Invest Like Jeff Bezos: The Top Three Sectors to Watch(Continued from Prior Part)Jeff Bezos’s investmentsIn the previous article, we looked at the three sectors in which the world’s richest person, Jeff Bezos, has invested through his

  • InvestorPlace2 days ago

    This Is No Time to Panic When It Comes to Micron Stock

    Micron Technology (NASDAQ:MU) opened Jan. 14 at about $35 per share. During its 2018 fiscal year, which ended in August, Micron earned $12.27 per share, and in the November quarter it earned another $2.80 per share. That means its price earnings ratio, the price of Micron stock over its earnings per share, is under three. If its earnings were cut in half it would be 6. If its earnings were cut by 75% it would be 12. The current PE for the average stock in the S&P 500 is about 20. But Micron earnings aren't expected to be cut by 75% when it reports earnings in March. Analysts expect it to earn $1.77 per share. Keep up that pace and you're looking at a PE of 5.5. InvestorPlace - Stock Market News, Stock Advice & Trading Tips What's going on? * 8 Dividend Stocks With Growth on the Horizon ### The Memory Cycle and Micron Stock Memory chips, which are Micron's business, are commodities. Their price is very sensitive to changes in supply and demand. Analysts expect prices to fall 20% this year thanks in part to the busting of the crypto-mining boom, even as companies like Micron scale back expansion plans. But scaling back is not the same thing as going broke. Micron had over $5.5 billion in cash on its books at the end of November, and long-term debt of just $3.7 billion. Its capital budget last year was $8.9 billion, but it can easily be adjusted downward, and it is being adjusted downward. CEO Sanjay Mehotra has been through these cycles before. He co-founded SanDisk in 1988 and ran it until it was bought by rival Western Digital (NASDAQ:WDC). He has held 70 patents on memory technology. The company's leadership is as sound as its balance sheet. ### The Memory Menace Micron does expect its business to slow and told analysts that at its December earnings day. The result was a panic, shares falling from $40 to below $30, from which they have since somewhat recovered. The assumption of speculators is that China will destroy Micron and the other memory chip players with enormous production that overwhelms the current "super cycle" in memory, as chips replace moving hard drives in data centers and PCs. Memory chips are at Memory chips are at the heart of the current U.S.-China trade war. New competition in the data center is also expected from "laser assisted" hard drives, with capacities starting at 16 Terabytes, 8 times the capacity of Micron's current chip drives. ### The Super Cycle and Micron Stock The fact is that memory chips, and chips in general, are still in a "super cycle," which is what we say when new markets are developed. In this case, it's the automation of just about everything, from factories to warehouses to planes, trains and automobiles. Sensors and memory chips, linked to wireless networks, can replace expensive service calls with routine maintenance, creating efficiency in the supply chain and new demand for convenience from consumers. This isn't just true for machines. It's also true for you, as monitoring replaces checkups for healthy people through devices like the Apple (NASDAQ:AAPL) Watch. Growth in cloud is still averaging 32% per year, and even conventional data centers aren't disappearing. Demand there is growing at 13% per year. ### The Bottom Line on Micron Stock Fear in the memory market is overdone, and this is making Micron stock a bargain. This realization has sent it up 20% off those December lows. Of 34 analysts following Micron stock, 20 still have it on their buy lists, and only two have dropped to the "hold" category even as the shares are down 15% over the last three months. Sometimes when a stock looks cheap it's because there's a fundamental problem with it. Sometimes it's because of raw fear, a buying opportunity. If you can hold Micron shares for a few years this looks to be the latter. Dana Blankenhorn is a financial and technology journalist. He is the author of a new mystery thriller, The Reluctant Detective Finds Her Family, available now at the Amazon Kindle store. Write him at danablankenhorn@gmail.com or follow him on Twitter at @danablankenhorn. As of this writing he owned shares in AAPL. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Companies That Could Post Decelerating Profits * 10 A-Rated Stocks the Smart Money Is Piling Into * Mizuho: 7 Long-Term Value Stocks to Buy Now Compare Brokers The post This Is No Time to Panic When It Comes to Micron Stock appeared first on InvestorPlace.

  • Investing.com3 days ago

    Stocks - JPMorgan, Wells Fargo, UnitedHealth, Delta Airlines Fall in Premarket

    Investing.com - Stocks in focus in premarket trade Tuesday:

  • Why Micron Technology Stock Fell 22.8% in 2018
    Motley Fool3 days ago

    Why Micron Technology Stock Fell 22.8% in 2018

    Weakening demand for two of Micron's key product categories caused the stock to slump in 2018.

  • Western Digital’s Dividend Isn’t as Safe as It Looks
    Motley Fool3 days ago

    Western Digital’s Dividend Isn’t as Safe as It Looks

    As memory chip prices plunge, a dividend cut is not out of the question.

  • 3 Things Micron Management Wants You to Know
    Motley Fool3 days ago

    3 Things Micron Management Wants You to Know

    Micron executives recently shed light on the current downturn, when they expect things to change, and some exciting new products coming in 2019.

  • TheStreet.com3 days ago

    Micron Technology Slides on Morgan Stanley Downgrade

    Analyst Joseph Moore also said he was "taking our fourth quarter number to the low end of guidance range as pricing is lower and competitors are more aggressive." Moore reiterated his equal weight rating and $33 stock price target. The current situation with DRAM, Moore wrote, is similar to that of NAND flash memory in early 2018, as longer-term optimism is holding up prices awaiting a better environment.

  • GlobeNewswire3 days ago

    Micron Exercises Call Option to Acquire Remaining Interest in IM Flash Technologies Joint Venture

    BOISE, Idaho, Jan. 14, 2019 -- Micron Technology, Inc., (NASDAQ: MU) today announced the company is exercising its right to purchase Intel’s interest in the parties’ joint.

  • Stock Market Down But Not Out; Can Apple Get Back On Track?
    Investor's Business Daily3 days ago

    Stock Market Down But Not Out; Can Apple Get Back On Track?

    Major market indexes fell for a second straight session in the stock market today, though they pared steep early losses to close near their intraday highs.

  • Xilinx Gets Price-Target Hike, Named A Top Chip Stock Pick For 2019
    Investor's Business Daily3 days ago

    Xilinx Gets Price-Target Hike, Named A Top Chip Stock Pick For 2019

    A Wall Street firm named chipmaker Xilinx one of its "top five ideas for 2019" in the semiconductor sector. It also raised its price-target on Xilinx stock. Other top picks included Nvidia and ASML.