Market OverviewFinlify
Price Date: 2026/09/11
MU logo

MU - Micron Technology Inc

The leading US manufacturer of DRAM and NAND flash memory, supplying the storage that powers smartphones, data centers, and AI training workloads.

BUYRelative StrengthCurrent data shows one of the stronger relative setups in Finlify's latest score snapshot.
BEATBEAT compares latest EPS results against analyst estimates.

Finlify Score

82.1 / 100

Data Quality

FULL

Penalty

0.0

Sector

Information Technology

Close Price

$975.26

-0.22%

52W Range

$138.34 - $1255.00

Market Cap

$1.1T

-0.2%

Compared to previous day

2026 Q2 Revenue

$41.5B

+73.7%

Changes from last reporting quarter

2026 Q2 EPS

$24.72

Diluted shares

Analyst Rating

53 Buy4 Hold1 Sell

58 analysts in latest ratings feed

RSI

51.3

40-70 moderate

2Y Range Position

77%

-22.3% from high / +1484.8% from low

Beta

2.37

Relative to market benchmark

MACD

4.02

MACD line 18.24 / signal line 14.22

Fundamental Trend

Growth 97.2
Revenue QoQ+73.7%
Revenue YoY+345.7%
EPS QoQ+104.6%
EPS YoY+1380.2%
Gross margin QoQ+10.1%
Operating margin QoQ+12.7%
Net margin QoQ+10.4%

Financial Health

Quality 95.0
Debt / equity-
Debt ratio-
Cash / debt proxy-
Cash / assets+18.6%

Data Quality

FULL
As of date2026-09-11
Latest statement2026-05-28
Penalty0.0
Missing dataNone

Valuation Reference

P/E129.66x
P/B2.52x
P/S29.62x
EV / EBITDA652.22x

Price Chart

Close price, two-year source window

Finlify Score

BUY

82.1 / 100

Relative Strength100.0 / 100
Accumulation & Volume3.8 / 100
Fundamental Trend97.2 / 100
Financial Quality95.0 / 100
Data Quality FULLNo penalty

Score History

Finlify Score and component trend

Financial Statements

Calendar year view. Figures are estimates only. For official figures, refer to the company website.

2026 Q22026 Q12025 Q42025 Q3
Revenue$41.5B+73.7%$23.9B+74.9%$13.6B+20.6%$11.3B+21.7%
Gross Profit$35.1B+97.4%$17.8B+132.2%$7.6B+51.3%$5.1B+44.1%
Operating Income$33.3B+106.5%$16.1B+163.0%$6.1B+67.9%$3.7B+68.5%
Net Income$28.2B+104.9%$13.8B+163.1%$5.2B+63.7%$3.2B+69.8%

Columns use the calendar quarter of each reported period end date. QoQ is shown for adjacent company reporting quarters only.

AI Signal

Generated Aug 1, 2026

Finlify's signal for MU is BUY, driven by a high Finlify Score of 88.3/100. This appears to be supported by exceptional Relative Strength, Fundamental Trend, and Financial Quality scores.

Technical

The asset exhibits very strong Relative Strength at 100.0/100, although Accumulation / Volume is moderate at 41.0/100. While MU has seen a significant 60-day return of 51.7%, it has experienced a recent 20-day pullback of -15.3%, placing it -27.9% from its 52-week high. The RSI(14) of 46.6 suggests a neutral momentum.

Fundamentals

Fundamental Trend and Financial Quality scores are robust at 97.2/100 and 95.0/100, respectively. However, valuation metrics appear elevated, with a P/E ratio of 112.6x and a P/S ratio of 25.7x. The asset's Beta of 2.2 indicates it may be more volatile than the broader market, and it offers a modest dividend yield of 0.07%.

Macro Context

The macro environment indicates ongoing inflationary pressures with CPI YoY at 3.7% and Core PCE YoY at 3.3%. A positive yield spread of 0.5% (10Y-2Y) may suggest a relatively stable economic outlook, which could be supportive for growth-oriented sectors like semiconductors, despite an unemployment rate of 4.2%.

Key Risks

  • High Valuation: The P/E ratio of 112.6x and P/S ratio of 25.7x appear significantly elevated, potentially indicating a premium valuation.
  • Recent Price Weakness: Despite strong longer-term performance, the recent 20-day return of -15.3% and being -27.9% from its 52-week high suggest recent price weakness.
  • High Volatility: A Beta of 2.2 indicates the asset may experience significantly larger price swings compared to the broader market, increasing potential risk.