| Market cap | $59.55B |
|---|---|
| Enterprise value | $145.91B |
| Revenue | $18.312B |
|---|---|
| EBITDA | $3.563B |
| Income | -$3.77 |
| Revenue Q/Q | 57.70% |
| Revenue Y/Y | -20.60% |
| P/E | N/A |
|---|---|
| Forward P/E | 277.14 |
| EV/Sales | 7.97 |
| EV/EBITDA | 40.95 |
| EV/EBIT | N/A |
| PEG | 1.12 |
| Price/Sales | 3.25 |
| P/FCF | N/A |
| Price/Book | 1.35 |
| Book/Share | 113.69 |
| Cash/Share | 24.72 |
| FCF yield | -5.56% |
| Volume | 41.673M / 18.331M |
|---|---|
| Relative vol. | 2.27 × |
| EPS | N/A |
|---|---|
| EPS Q/Q | -40.08% |
| Est. EPS Q/Q | -98.15% |
| Profit margin | -37.54% |
|---|---|
| Oper. margin | -22.77% |
| Gross margin | -9.11% |
| EBIT margin | -20.08% |
| EBITDA margin | 19.46% |
| Ret. on assets | -5.81% |
|---|---|
| Ret. on equity | -8.55% |
| ROIC | -8.07% |
| ROCE | -6.18% |
| Debt/Equity | 0.46 |
|---|---|
| Net debt/EBITDA | 5.11 |
| Current ratio | 3.74 |
| Quick ratio | 2.40 |
| Volatility | 3.28% |
|---|---|
| Beta | 1.61 |
| RSI | 75.98 |
|---|
| Insider ownership | 0.26% |
|---|---|
| Inst. ownership | 83.25% |
| Shares outst. | 1.107B |
|---|---|
| Shares float | 0.000 0.00% |
| Short % of float | 2.78% |
| Short ratio | 1.33 |
| Dividend | $0.46 |
|---|---|
| Dividend yield | 0.31% |
| Payout ratio | 32.17% |
| Payment date | N/A |
| Ex-dividend date | N/A |
| Earnings date | 26 Jun 2024 |
Tuesday, 18 June 2024
|
|
| Slowing Retail Sales Growth, Stronger Industrial Production Set Stage for Mixed Trading in US Equities | |
Monday, 17 June 2024
|
|
| Micron Technology, Inc. : What Makes Morgan Stanley Optimistic About This AI Hardware Stock? | |
Friday, 14 June 2024
|
|
| Is Micron Technology, Inc. The Best AI Semiconductor Stock to Buy Now? | |
Thursday, 23 May 2024
|
|
| Micron hit with $445 million US verdict in Netlist patent trial | |
Tuesday, 21 May 2024
|
|
| What's Going On With Biden's Chips Act Beneficiary Micron Tech Stock Tuesday? | |
| Micron lifts 2024 capex forecast on rising investment in AI-related chips | |
Tuesday, 7 May 2024
|
|
| 12 Best Artificial Intelligence Stocks to Buy Now According to Wall Street Analysts | |
Friday, 26 April 2024
|
|
| Intel CEO confident in its AI future after posting soft guidance | |
Thursday, 25 April 2024
|
|
| Micron Clinches Total of up to $13.6 Billion in US Grants, Loans | |
Wednesday, 17 April 2024
|
|
| Biden administration set to provide $6.1 billion to Micron Technology for chip plants in NY, Idaho | |
| Micron set to get $6 billion in chip grants from US, Bloomberg reports | |
| Micron Poised to Get Over $6 Billion in Chips Grants in Announcement Next Week | |
Monday, 15 April 2024
|
|
| 13 Best Machine Learning Stocks To Invest In | |
Monday, 8 April 2024
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| Semiconductor Stocks Arm, Micron, TSMC Advance On Positive News | |
Friday, 5 April 2024
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| 10 Unstoppable Tech Stocks To Buy | |
Thursday, 4 April 2024
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| SoFi, Amazon, Dell, Micron, and Other Tech Stocks in Focus Today | |
Monday, 1 April 2024
|
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| AI Chip Stocks Get a Boost From Report Microsoft Plans a $100 Billion AI Data Center | |
| Stocks Weaken As Treasury Yields Climb; Nasdaq Reverses Lower, Dow Sinks 250 Points | |
Tuesday, 26 March 2024
|
|
| Micron's Strategic Moves in China, CEO Mehrotra's Talks and Expansion Plans Amid Shift from US Tech | |
| How To Earn $500 A Month From Micron Technology Stock After Last Week's Strong Earnings | |
Monday, 25 March 2024
|
|
| Two Hot AI Stocks Lead S&P 500 Monday | |
Friday, 22 March 2024
|
|
| Dow Jones Futures: Stock Market Rides Dovish Fed, Nvidia-Led AI Boom To New Highs; 3 Stocks Near Buy Points | |
| Micron Is Suddenly a Hot AI Stock—And That’s Not Hype | |
| Stock Market Rallies To Record Highs On Dovish Fed, AI Optimism: Weekly Review | |
| Decoding Micron Technology Inc : A Strategic SWOT Insight | |
Thursday, 21 March 2024
|
|
| Micron Delivers An Exceptional Forecast Powered By AI Prospects | |
| Dow Jones Futures Rise, Extend Fed-Led Rally, Micron Soars; 7 Stocks In Buy Areas | |
| Micron set for record high after AI demand steers strong forecast, surprise profit | |
| These Stocks Are Moving the Most Today: Micron, Apple, Five Below, Guess, Li Auto, Astera Labs, Nike, and More | |
Wednesday, 20 March 2024
|
|
| Dow Jones Hits Record High On Fed Rate Outlook, 5 Stocks In Buy Areas; Micron Soars Late | |
| Micron Technology Smashes Estimates, Posts Surprise Profit | |
| Micron forecasts third-quarter revenue above estimates on AI demand | |
| Insider |
Trans.
Transaction
|
Total value |
|---|---|---|
| Sanjay Mehrotra CEO and President | Option 11 Jun 2024 | $1,043,400 |
| Sanjay Mehrotra CEO and President | Option 4 Jun 2024 | $197,400 |
| Sanjay Mehrotra CEO and President | Option 29 May 2024 | $197,400 |
| Sanjay Mehrotra CEO and President | Option 21 May 2024 | $197,400 |
| Michael W Bokan SVP and Worldwide Sales | Sale 14 May 2024 | $1,851,300 |
| Sanjay Mehrotra CEO and President | Option 14 May 2024 | $197,400 |
| Manish H Bhatia EVP and Global Operations | Sale 10 May 2024 | $4,914,179 |
| Sumit Sadana EVP and Chief Business Officer | Sale 9 May 2024 | $7,243,340 |
| Sanjay Mehrotra CEO and President | Option 7 May 2024 | $197,400 |
| Manish H Bhatia EVP and Global Operations | Option 6 May 2024 | $2,215,855 |
| Scott J Deboer EVP, Technology, and Products | Sale 1 May 2024 | $4,412,400 |
Powered by
Robintrack.
Price target
Current $135.07
Average $65.47
Low $35
High $117
Dividends
| Ex-dividend date | N/A | Frequency | Quarterly | Annual dividend | -15.60% |
|---|---|---|---|---|---|
| Next dividend | N/A | Dividend yield | 0.31% | Growth period | 2 years |
| Last dividend date | Yield 3 years | 0.58% | Growth 3 years | N/A | |
| Last dividend | Yield 5 years | 0.39% | Growth 5 years | N/A |
| Insider | Age | Since | Compensation |
|---|---|---|---|
| Sanjay Mehrotra (61) President, Chief Executive Officer, and Director since 2017 | 61 | 2017 | $16,944,800 |
| Sanjay Mehrotra (62) CEO, Pres, and Director | 62 | $6,816,714 | |
| Manish Bhatia (47) Executive Vice President and Global Operations since 2017 | 47 | 2017 | $6,632,470 |
| Sumit Sadana (51) Executive Vice President and Chief Business Officer since 2017 | 51 | 2017 | $6,224,520 |
| Scott DeBoer (53) Executive Vice President - Technology Development since 2017 | 53 | 2017 | $4,354,140 |
| David Zinsner (50) Chief Financial Officer and Senior Vice President since 2018 | 50 | 2018 | $4,313,690 |
| Joel Poppen (55) Senior Vice President - Legal Affairs, General Counsel, and Corporate Secretary since 2017 | 55 | 2017 | $2,980,090 |
| Manish H. Bhatia (49) Exec. VP of Global Operations | 49 | $2,552,904 | |
| Sumit Sadana (52) Exec. VP, Chief Bus. Officer, and Interim CFO | 52 | $2,216,571 | |
| Dr. Scott J. DeBoer (55) Exec. VP of Technology and Products | 55 | $1,668,610 | |
| Robert Switz (73) Independent Chairman of the Board since 2012 | 73 | 2012 | $543,669 |
| Richard Beyer (70) Independent Director since 2013 | 70 | 2013 | $395,018 |
| Robert Bailey (62) Independent Director since 2007 | 62 | 2007 | $375,018 |
| Steven Gomo (67) Independent Director since 2018 | 67 | 2018 | $349,837 |
| Mary McCarthy (65) Independent Director since 2018 | 65 | 2018 | $340,512 |
| Mary Ann Wright (58) Independent Director since 2019 | 58 | 2019 | $62,047 |
| Lynn Dugle (60) Director since 2020 | 60 | 2020 | |
| Sharawn Connors | 2019 | ||
| Scott Allen (51) Chief Accounting Officer and Corporate Vice President since 2020 | 51 | 2020 | |
| Michael Bokan (58) Senior Vice President - Worldwide Sales since 2018 | 58 | 2018 | |
| April Arnzen (48) Senior Vice President of Human Resources since 2017 | 48 | 2017 | |
| Rahul Sandil | |||
| Michael W. Bokan (60) Sr. VP of Worldwide Sales | 60 | ||
| Rob Beard | |||
| Farhan Ahmad | |||
| Trevor Stanley Schultz M.A. (ECON) (79) Chief Information Officer and VP of Information Systems | 79 | ||
| Scott R. Allen (53) Corp. VP and Chief Accounting Officer | 53 |
Micron Technology, Inc. is an American producer of computer memory and computer data storage including dynamic random-access memory, flash memory, and USB flash drives. It is headquartered in Boise, Idaho. Its consumer products, including the Ballistix line of memory modules, are marketed under the Crucial brand.
- Technology > Semiconductors
- Micron Technology Inc., 8000 South Federal Way, Boise 83716-9632, United States
- 208 368 4000
- Investor relations
Dividends
| Ex-dividend date | N/A | Frequency | Quarterly | Annual dividend | -15.60% |
|---|---|---|---|---|---|
| Next dividend | N/A | Dividend yield | 0.31% | Growth period | 2 years |
| Last dividend date | Yield 3 years | 0.58% | Growth 3 years | N/A | |
| Last dividend | Yield 5 years | 0.39% | Growth 5 years | N/A |
Quarterly EPS estimates
Profit margin
Debt to assets
Cash flow
Balance sheet
XSLX
| (in millions USD) | 31 Mar 2024 | 31 Dec 2023 | |||
|---|---|---|---|---|---|
| Current assets | |||||
| Cash | $8,016 | $8,075 | |||
| Short term investments | $990 | $973 | |||
| Net receivables | $4,296 | $2,943 | |||
| Inventory | $8,443 | $8,276 | |||
| Total current assets | $23,435 | $21,058 | |||
| Long term investments | $627 | $720 | |||
| Property, plant & equipment | $38,229 | $38,325 | |||
| Goodwill & intangible assets | $1,564 | $1,566 | |||
| Total noncurrent assets | $42,283 | $42,718 | |||
| Total investments | $1,617 | $1,693 | |||
| Total assets | $65,718 | $63,776 | |||
| Current liabilities | |||||
| Accounts payable | $4,680 | $3,946 | |||
| Deferred revenue | |||||
| Short long term debt | $344 | $908 | |||
| Total current liabilities | $6,259 | $5,962 | |||
| Long term debt | $13,971 | $13,198 | |||
| Total noncurrent liabilities | $15,589 | $14,929 | |||
| Total debt | $14,315 | $14,106 | |||
| Total liabilities | $21,848 | $20,891 | |||
| Stockholders' equity | |||||
| Retained earnings | $39,997 | $39,356 | |||
| Other stockholder equity | -$264 | -$260 | |||
| Total stockholder equity | $43,870 | $42,885 | |||
| (in millions USD) | 2023 | 2022 | ||
|---|---|---|---|---|
| Current assets | ||||
| Cash | $8,577 | $8,262 | ||
| Short term investments | $1,017 | $1,069 | ||
| Net receivables | $2,443 | $5,130 | ||
| Inventory | $8,387 | $6,663 | ||
| Total current assets | $21,244 | $21,781 | ||
| Long term investments | $844 | $1,647 | ||
| Property, plant & equipment | $38,594 | $39,227 | ||
| Goodwill & intangible assets | $1,554 | $1,649 | ||
| Total noncurrent assets | $43,010 | $44,502 | ||
| Total investments | $1,861 | $2,716 | ||
| Total assets | $64,254 | $66,283 | ||
| Current liabilities | ||||
| Accounts payable | $3,958 | $6,090 | ||
| Deferred revenue | ||||
| Short long term debt | $278 | $103 | ||
| Total current liabilities | $4,765 | $7,539 | ||
| Long term debt | $13,655 | $7,413 | ||
| Total noncurrent liabilities | $15,369 | $8,837 | ||
| Total debt | $13,933 | $7,516 | ||
| Total liabilities | $20,134 | $16,376 | ||
| Stockholders' equity | ||||
| Retained earnings | $40,824 | $47,274 | ||
| Other stockholder equity | -$312 | -$560 | ||
| Total stockholder equity | $44,120 | $49,907 | ||
Income statement
| (in millions USD) | 31 Mar 2024 | 31 Dec 2023 | |||
|---|---|---|---|---|---|
| Revenue | |||||
| Total revenue | $5,824 | $4,726 | |||
| Cost of revenue | $4,745 | $4,761 | |||
| Gross profit | $1,079 | -$35 | |||
| Operating activities | |||||
| Research & development | $832 | $845 | |||
| Selling, general & administrative | $280 | $263 | |||
| Total operating expenses | $888 | $1,093 | |||
| Operating income | $191 | -$1,128 | |||
| Income from continuing operations | |||||
| EBIT | $315 | -$1,029 | |||
| Income tax expense | -$622 | $73 | |||
| Interest expense | $144 | $132 | |||
| Net income | |||||
| Net income | $793 | -$1,234 | |||
| Income (for common shares) | $793 | -$1,234 | |||
| (in millions USD) | 2023 | 2022 | ||
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $15,540 | $30,758 | ||
| Cost of revenue | $16,956 | $16,860 | ||
| Gross profit | -$1,416 | $13,898 | ||
| Operating activities | ||||
| Research & development | $3,114 | $3,116 | ||
| Selling, general & administrative | $920 | $1,066 | ||
| Total operating expenses | $4,329 | $4,196 | ||
| Operating income | -$5,745 | $9,702 | ||
| Income from continuing operations | ||||
| EBIT | -$5,268 | $9,764 | ||
| Income tax expense | $177 | $888 | ||
| Interest expense | $388 | $189 | ||
| Net income | ||||
| Net income | -$5,833 | $8,687 | ||
| Income (for common shares) | -$5,833 | $8,687 | ||
Cash flows
| (in millions USD) | 31 Mar 2024 | 31 Dec 2023 | |||
|---|---|---|---|---|---|
| Net income | $793 | -$1,234 | |||
| Operating activities | |||||
| Depreciation | $1,924 | $1,915 | |||
| Business acquisitions & disposals | |||||
| Stock-based compensation | $213 | $188 | |||
| Total cash flows from operations | $1,219 | $1,401 | |||
| Investing activities | |||||
| Capital expenditures | -$1,384 | -$1,796 | |||
| Investments | $86 | $175 | |||
| Total cash flows from investing | -$1,151 | -$1,558 | |||
| Financing activities | |||||
| Dividends paid | -$127 | -$129 | |||
| Sale and purchase of stock | |||||
| Net borrowings | -$49 | -$53 | |||
| Total cash flows from financing | -$106 | -$352 | |||
| Effect of exchange rate | -$7 | -$1 | |||
| Change in cash and equivalents | -$45 | -$510 | |||
| (in millions USD) | 2023 | 2022 | ||
|---|---|---|---|---|
| Net income | -$5,833 | $8,687 | ||
| Operating activities | ||||
| Depreciation | $7,756 | $7,116 | ||
| Business acquisitions & disposals | $888 | |||
| Stock-based compensation | $596 | $514 | ||
| Total cash flows from operations | $1,559 | $15,181 | ||
| Investing activities | ||||
| Capital expenditures | -$7,676 | -$12,067 | ||
| Investments | $868 | -$155 | ||
| Total cash flows from investing | -$6,191 | -$11,585 | ||
| Financing activities | ||||
| Dividends paid | -$504 | -$461 | ||
| Sale and purchase of stock | -$425 | -$2,557 | ||
| Net borrowings | $5,955 | -$32 | ||
| Total cash flows from financing | $4,983 | -$2,980 | ||
| Effect of exchange rate | -$34 | -$106 | ||
| Change in cash and equivalents | $317 | $510 | ||
Recent institutional transactions
| Quarter | Shareholder | Change |
Shares owned
Shares
|
Value (in thousands USD) |
|---|---|---|---|---|
| 2024 Q1 | Fmr |
+161.64%
|
38,747,150 | $4,567,901,506 |
| 2024 Q1 | Blackrock |
+6.26%
|
90,303,765 | $10,645,910,816 |
| 2024 Q1 | Jpmorgan Chase & Co |
+58.65%
|
12,463,164 | $1,469,282,473 |
| 2024 Q1 | Gqg Partners |
Opened
|
4,524,330 | $533,373,297 |
| 2024 Q1 | Parnassus Investments |
+224.00%
|
5,820,431 | $686,170,611 |
| 2024 Q1 | Bank Of America Corp de/ |
+54.14%
|
10,074,728 | $1,187,709,653 |
| 2024 Q1 | Price T Rowe Associates Inc md/ |
+22.21%
|
18,243,633 | $2,150,743 |
| 2024 Q1 | First Trust Advisors L.P. |
-65.00%
|
1,630,339 | $192,200,664 |
| 2024 Q1 | Ubs Ag |
+82.33%
|
6,246,836 | $736,439,496 |
| 2024 Q1 | Wellington Management Group LL.P. |
-14.81%
|
14,281,083 | $1,683,596,875 |
Institutional shareholders
| Shareholder | Stake |
Shares owned
Shares
|
Value (in thousands USD) |
|---|---|---|---|
| Vanguard Group Inc | 8.51% | 94,229,187 | |
| Blackrock | 8.15% | 90,303,765 | |
| State Street Corp | 4.17% | 46,177,952 | |
| Fmr | 3.50% | 38,747,150 | |
| Primecap Management Co/ca/ | 3.40% | 37,638,901 | |
| Capital Research Global Investors | 2.49% | 27,538,519 | |
| Capital World Investors | 2.05% | 22,748,381 | |
| Sanders Capital | 1.99% | 22,079,425 | |
| Geode Capital Management | 1.94% | 21,537,914 | |
| Price T Rowe Associates Inc md/ | 1.65% | 18,243,633 |
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