Professional
Added to YB: 2026-06-29
Pitch date: 2026-06-26
MU [neutral]
Micron Technology, Inc.
-23.05%
current return
Author Info
Company Info
Micron Technology, Inc. designs, develops, manufactures, and sells memory and storage products in the United States, Taiwan, Japan, Mainland China, Hong Kong, Europe, and internationally.
Market Cap
$1.0T
Pitch Price
$1.1K
Price Target
N/A
Dividend
0.07%
EV/EBITDA
14.40
P/E
20.16
EV/Sales
10.91
Sector
Semiconductors and Semiconductor Equipment
Category
growth
Micron Technology (MU) -- Q3 FY2026 Results
MU (earnings): Q3 FY26 rev beat est 16.8%, EPS $25.11 vs $1.91 last yr. GPM 82.2%, +270bps beat. DRAM/NAND pricing +60% seq on extreme tightness expected beyond 2027. $100B SCA backlog through 2030 locks favorable margins. HBM4 >$1B rev. Q4 guides $31 EPS. ~8-9x fwd EPS.
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