MU - Micron Technology, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
42.57
+1.04 (+2.50%)
At close: 4:00PM EST
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Previous Close41.53
Open42.08
Bid42.60 x 800
Ask42.65 x 1000
Day's Range41.83 - 42.57
52 Week Range28.39 - 64.66
Volume22,834,253
Avg. Volume35,088,270
Market Cap47.723B
Beta (3Y Monthly)1.28
PE Ratio (TTM)3.51
EPS (TTM)12.14
Earnings DateMar 20, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend Date1996-05-07
1y Target Est47.00
Trade prices are not sourced from all markets
  • Benzinga8 hours ago

    Barron's Picks And Pans: Apple, Altria, Micron Technology, Nvidia And More

    Other featured articles offer looks at a health care stock hurt by overblown worries and a bargain among sin stocks. The Cold War in Tech" by Reshma Kapadia, suggests that the battle for tech supremacy between the United States and China shows little sign of abating. In "WellCare Poised to Ride Surging Medicare and Medicaid Spending," Lawrence C. Strauss shows how WellCare Health Plans, Inc. (NYSE: WCG) has been hurt by overblown worries about its swift growth, earnings outlook and more.

  • Why Micron Is a Good Artificial Intelligence Stock
    Motley Fool13 hours ago

    Why Micron Is a Good Artificial Intelligence Stock

    No matter what architecture wins, AI applications will always need memory.

  • What Kind Of Shareholder Owns Most Micron Technology, Inc. (NASDAQ:MU) Stock?
    Simply Wall St.17 hours ago

    What Kind Of Shareholder Owns Most Micron Technology, Inc. (NASDAQ:MU) Stock?

    Want to participate in a short research study? Help shape the future of investing tools and receive a $20 prize! A look at the shareholders of Micron Technology, Inc. (NASDAQ:MU)Read More...

  • Barrons.comyesterday

    The Cold War in Tech Is Real and Investors Can’t Ignore It

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  • PR Newswireyesterday

    MICRON TECHNOLOGY SHAREHOLDER ALERT: CLAIMSFILER REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Micron Technology, Inc. - MU

    NEW ORLEANS , Feb. 22, 2019 /PRNewswire/ -- ClaimsFiler, a FREE shareholder information service, reminds investors that they have until March 25, 2019 to file lead plaintiff applications in a securities ...

  • GlobeNewswireyesterday

    CLASS ACTION UPDATE for ALKS, MU, SVXY and UXIN: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders

    NEW YORK, Feb. 22, 2019 -- Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies..

  • ACCESSWIREyesterday

    SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Reminds Investors of Class Action Against Micron Technology, Inc. (MU) & Lead Plaintiff Deadline: March 25, 2019

    NEW YORK, NY / ACCESSWIRE / February 22, 2019 / Bronstein, Gewirtz & Grossman, LLC reminds investors that a class action lawsuit has been filed against Micron Technology, Inc. ("Micron" or the ...

  • GlobeNewswireyesterday

    CLASS ACTION UPDATE for PRGO, MU, MHLD and AVP: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders

    NEW YORK, Feb. 22, 2019 -- Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies..

  • Coca-Cola and Kraft-Heinz Don’t Seem to Work for Buffett Anymore
    Market Realistyesterday

    Coca-Cola and Kraft-Heinz Don’t Seem to Work for Buffett Anymore

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  • The 3D XPoint Could Be a True Game Changer for MU Stock
    InvestorPlace2 days ago

    The 3D XPoint Could Be a True Game Changer for MU Stock

    Like most other semiconductor firms, Micron Technology (NASDAQ:MU) has incurred a rather interesting 14-month period. In the first half of 2018, MU stock got off to a blistering start, gaining over 26%. But the house came tumbling down shortly thereafter, leaving many shareholders running for cover.Source: Mike Deal via FlickrThis year, the overall sentiment appears much more promising. Clawing back some of last year's losses, Micron stock has skyrocketed 36% since the January opener. The move also keeps pace with competitors like Advanced Micro Devices (NASDAQ:AMD) and Nvidia (NASDAQ:NVDA). But despite the early enthusiasm, MU shares have found themselves in an unexpectedly awkward situation.For starters, the MU stock price finds itself sandwiched between the 50-day moving average below, and the 200 DMA above. This setup not only indicates the ferocious volatility that shares incurred last year, but also broader hesitancy towards the company.InvestorPlace - Stock Market News, Stock Advice & Trading TipsSecond, Micron stock has gone virtually nowhere since January 2018's opening volley. Since the tech firm obviously doesn't pay out a dividend, investors have no reason to hold their position unnecessarily. Therefore, the present pensiveness is a real problem. * 9 High-Growth Stocks to Buy Now for Monster Returns So what's the next move? For a tech firm, nothing moves sentiment quite like a groundbreaking product. With Micron's 3D XPoint technology, the embattled organization appears to have a lifeline.You don't have to be a techie to appreciate the implications behind 3D XPoint. However, the directional impact towards the MU stock price remains surprisingly questionable. Why 3D XPoint Is a Gamechanger for MU StockDeveloped through a joint venture between Micron and Intel (NASDAQ:INTC), 3D XPoint represents the next phase of non-volatile, solid-state storage. According to Micron's website, this new tech features "1,000 times lower latency and exponentially greater endurance than NAND."That's great news for tech nerds, apparently. But let's break down what this means for the investor. Primarily, 3D XPoint sits in a pricing sweet-spot between the two established solid-state storage technologies, DRAM and NAND.Back in spring of 2017, DRAM cost a little more than $5 per gigabyte (GB). NAND sat on the cheapest end at 25 cents per GB. However, during development, experts forecasted 3D XPoint to split the gap at $2.40 per GB.True, these are old statistics, and memory chips feature incredible volatility. Historically, this was one of the key reasons why the MU stock price was equally volatile. However, the data provides a comparative analysis which remains relevant today.Another tailwind that drives Micron stock is the emerging industry for data centers. With both big and small businesses increasingly shifting towards the cloud, data centers have received massive revenue influxes. However, that demand also stresses technical components like NAND chips.But as I briefly mentioned, 3D XPoint is significantly more robust than NAND. The former's impressive tech credentials translates to million-plus write cycles. As ComputerWorld.com's Lucas Mearian noted, 3D XPoint will essentially last forever. Pricing Also Hurts Micron StockGiven the new chip's profound cost-savings against DRAM and performance superiority over NAND, buying MU stock appears a no-brainer. With just a simple explanation, you can convince even the most tech-ignorant investor to jump onboard.Or maybe not. Ironically, the pricing tailwinds that benefit Micron stock also represent a significant headwind. A nagging issue is that 3D XPoint won't disrupt NAND chips into irrelevancy or obsolescence. As Mearian stated, NAND still enjoys a long development road map. According to some industry experts, NAND can maintain relevancy into at least 2025.That's a problem because a new tech that partially markets a pricing advantage should make the replaced tech economically inefficient. However, 3D XPoint won't displace NAND broadly. Instead, you'll likely see the biggest impact in the data centers.But more critically, 3D XPoint doesn't have as many advantages over DRAM. In terms of latency (data-transfer delays), 3D XPoint is ten-times higher than DRAM. So the key advantage here is cost.Here's where the problem comes in: DRAM enjoyed a massive price increase in 2018, but that trend could crumble later this year. One doom-and-gloom forecast targets a drop from the current $7.07 per GB to a shocking $2.57 per GB.If that happens, DRAM would only offer a marginal cost benefit to 3D XPoint. Further, unusual pricing dynamics could make DRAM cheaper than the upstart chip. At that hypothetical juncture, Micron may as well change the project name to 3D XPointless. Should You Buy MU stock?Despite the uncertainties surrounding 3D XPoint, I'm net bullish on Micron stock.Of course, I'm concerned about DRAM's negative (relative to the MU investor) pricing forecast. The negative prognostications could come true, or it might not.Even if it does, let's look at the longer term. Intel and Micro developed 3D XPoint with pricing advantages in mind. Therefore, barring unusual situations, computer chips don't discount themselves in a vacuum. Instead, a secular fall in DRAM pricing would likely also see discounts for 3D XPoint, thereby maintaining the pricing advantage.Plus, the MU stock price itself represents a pricing opportunity. I recommended buying shares last December, and that idea played out very nicely. But relative to its recent highs, MU is still a bargain.As of this writing, Josh Enomoto did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 6 Hot Stocks For Goldman Sachs' New Investing Strategy * 10 Smart Money Stocks to Buy Now * The 10 Best Cheap Stocks to Buy Right Now Compare Brokers The post The 3D XPoint Could Be a True Game Changer for MU Stock appeared first on InvestorPlace.

  • Could Trump’s ‘China Trade Deal’ Make These Stock Rally?
    Market Realist2 days ago

    Could Trump’s ‘China Trade Deal’ Make These Stock Rally?

    Could Trump’s ‘China Trade Deal’ Make These Stock Rally?US stock marketThe broader market is trading on a mixed note for a fourth consecutive day today. Yesterday, the S&P 500 fell 0.4% after the release of weaker-than-expected durable

  • GlobeNewswire2 days ago

    MU ALERT: Zhang Investor Law Announces the Filing of a Securities Class Action Lawsuit Against Micron Technology, Inc. – MU

    Zhang Investor Law announces the filing of a class action lawsuit on behalf of shareholders who bought shares of Micron Technology, Inc. (MU) from June 22, 2018 through November 19, 2018, inclusive (the “Class Period”). The lawsuit seeks to recover damages for Micron investors under the federal securities laws. If you wish to serve as lead plaintiff, you must move the Court no later than March 25, 2019.

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  • GlobeNewswire2 days ago

    FILING DEADLINE--Kuznicki Law PLLC Announces Class Actions on Behalf of Shareholders of W, MKL, GSM and MU

    The securities litigation law firm of Kuznicki Law PLLC issues the following notice on behalf of shareholders of the following publicly traded companies. Shareholders who purchased shares in these companies during the dates listed below are encouraged to contact the firm regarding possible appointment as lead plaintiff and a preliminary estimate of their recoverable losses. If you wish to choose counsel to represent you and the class, you must apply to be appointed lead plaintiff and be selected by the Court.

  • ACCESSWIRE2 days ago

    Arlo Technologies, Inc. (ARLO), Micron Technology, Inc. (MU) & Ferroglobe PLC (GSM): Bronstein, Gewirtz & Grossman, LLC Class Action Update

    NEW YORK, NY / ACCESSWIRE / February 22, 2019 / Bronstein, Gewirtz & Grossman, LLC reminds investors that a class action lawsuit has been filed againstthe following publicly-traded companies. You can review ...

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    Market Realist2 days ago

    How Galaxy Fold Could Add New Chapter to Apple-Samsung Rivalry

    Is Apple Already Too Late to the Foldable Phone Party?Apple stockOn February 21, Apple (AAPL) stock was trading on a negative note after trading on a positive note in the last few trading sessions. The stock settled the session with 0.6% losses

  • GlobeNewswire2 days ago

    CLASS ACTION UPDATE for YRCW, YRIV, MU and AVP: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders

    NEW YORK, Feb. 22, 2019 -- Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies..

  • GlobeNewswire2 days ago

    CLASS ACTION UPDATE for ATVI, MU, ASTE and AVP: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders

    NEW YORK, Feb. 21, 2019 -- Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies..

  • GlobeNewswire2 days ago

    SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Micron Technology, Inc. - MU

    NEW YORK, Feb. 21, 2019 -- Pomerantz LLP is investigating claims on behalf of investors of Micron Technology, Inc. (“Micron” or the “Company”) (NASDAQ: MU). Such investors are.

  • Could the Samsung Galaxy Fold Make You Ditch Your iPhone?
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  • GlobeNewswire2 days ago

    CLASS ACTION UPDATE for DXC, W, MU and ASTE: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders

    NEW YORK, Feb. 21, 2019 -- Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies..