MU Micron Technology, Inc.
Nasdaq · Information Technology · Semiconductors & Related Devices · Market cap $1.23T · $1,074.89 on 2026-10-02
Price moves
Price and total return
Show year-end values
| Year | Price | Dividend-adjusted |
|---|---|---|
| 2016 | $21.92 | $21.38 |
| 2017 | $41.12 | $40.10 |
| 2018 | $31.73 | $30.94 |
| 2019 | $53.78 | $52.44 |
| 2020 | $75.18 | $73.31 |
| 2021 | $93.15 | $91.06 |
| 2022 | $49.98 | $49.24 |
| 2023 | $85.34 | $84.65 |
| 2024 | $84.16 | $83.84 |
| 2025 | $285.41 | $285.25 |
| 2026-10-02 (latest) | $1,074.90 | $1,074.90 |
Dividend-adjusted values are back-adjusted to today's price: the gap to the price column is the value of dividends reinvested since then.
$187
$229
$311
$375
$1,075
Analyst consensus 46 analysts · as of 2026-10-09 · the street vs Rule #1
Crowded Targets $361 low · $1,555 mean · $3,000 high (+45% to the mean)
Analysts love it but the price is above Sticker. Good news is already priced in.
$361
$1,555
$3,000
$187
$375
$1,075
Average rating 1.4 of 5 (1 = strong buy, 5 = sell) · strong buy · EPS growth next year 17% vs windage 11.7%
- 2026-10-07 DA Davidson kept Buy, target $2,100→$3,000
A price target is a 12-month price opinion, not a valuation. Rule #1 treats analysts as a lead and their growth as a ceiling (077, 093). Source: Yahoo Finance consensus.
Valuation
| Buy (MOS) 50% of Sticker | $187.36 | -83% |
|---|---|---|
| Ten Cap 10× owner earnings − net debt | $229.18 | -79% |
| Payback Time 8-year FCF payback | $311.00 | -71% |
| Sticker Rule #1 intrinsic value | $374.73 | -65% |
| Methods agree price under how many of Ten Cap, Payback, MOS | 0 of 3 | |
| Windage growth g | 11.7% | |
| Future P/E (min 2g, 10y median) | 11.4× | |
| P/E · 10y median | 24.3× | 11.4× |
| EPS TTM 2026-05-28 | $44.24 | |
| FCF yield | 2.1% | |
| Dividend (TTM) · yield | $0.53 | 0.1% |
| Dividend growth 5y, per year | 39.6% | |
| Total return per year, dividends reinvested · 5y · 10y | 71.5% | 50.2% |
| Revenue · net income last FY | $37.4B | $8.5B |
Big Five 12/15 tests ≥10%
| 10y | 5y | 1y | |
|---|---|---|---|
| ROIC | 12% | 7% | 13% |
| Sales growth | 9% | 12% | 49% |
| EPS growth | 12% | 26% | 984% |
| BVPS growth | 16% | 7% | 19% |
| OCF growth | 13% | 16% | 106% |
| Debt payoff (yrs of FCF) | 6.9 |
Events
8-K: 2026-09-30: 2.02 Earnings release; next report ~2026-12-24
Next report ≈ 2026-12-24 · SEC filings ·Yahoo Finance