Micron Technology, Inc. designs, develops, manufactures, and sells memory and storage products in the United States, Taiwan, Mainland China, rest of the Asia Pacific, Hong Kong, Japan, Europe, and internationally. The company operates through four segments: Compute and Networking Business Unit, Mobile Business Unit, Embedded Business Unit, and Storage Business Unit. It provides memory and storage technologies comprising dynamic random access memory semiconductor devices with low latency that provide high-speed data retrieval; non-volatile and re-writeable semiconductor storage devices; and non-volatile re-writable semiconductor memory devices that provide fast read speeds under the Micron and Crucial brands, as well as through private labels. The company offers serves the data center, PC, graphics, networking, automotive, industrial, and consumer embedded markets, as well as for smartphone and other mobile-device markets. It markets its products through its direct sales force, independent sales representatives, distributors, and retailers; and web-based customer direct sales channel, as well as through channel and distribution partners. Micron Technology, Inc. was founded in 1978 and is headquartered in Boise, Idaho.
AI-Driven Growth | Explore Micron's strategic positioning in the AI boom, with High Bandwidth Memory emerging as a key driver for long-term expansion and market leadership |
Memory Market Dynamics | Delve into the cyclical nature of DRAM and NAND markets, examining Micron's resilience and strategies to navigate supply-demand fluctuations |
Competitive Landscape | Uncover Micron's strengths and challenges in a fiercely competitive industry, including its technological edge and the threat from emerging Chinese suppliers |
Financial Outlook | Analyst projections range from $115 to $175 per share, reflecting optimism about Micron's potential in AI and data center solutions despite near-term headwinds |
Metrics to compare | MU | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipMUPeersSector | |
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P/E Ratio | 19.1x | 20.2x | 11.2x | |
PEG Ratio | 0.09 | 0.70 | 0.01 | |
Price/Book | 1.8x | 4.7x | 2.4x | |
Price / LTM Sales | 2.8x | 5.9x | 1.9x | |
Upside (Analyst Target) | 62.9% | 42.6% | 35.7% | |
Fair Value Upside | Unlock | 8.5% | 7.2% | Unlock |