COMPOSITE RISK SCORE
82
LOW RISK
VAL:17/25 · FIN:25/25 · GRO:20/25 · TECH:20/25
📖 P/B RATIO
7.7x
Price to Book
🏛 MARKET CAP
$557.0B
Large Cap
📊 ROE
39.8%
Return on Equity
Overview
Technical
Financials
Analysis
Verdict
🏢 Company Analysis · Micron Technology, Inc.
💼 BUSINESS MODEL
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.. It operates through the Cloud Memory Business Unit; Core Data Center Business Unit; Mobile and Client Business Unit; and Automotive and Embedded Business Unit segments.. The company provides memory products, including dynamic random access memory components and modules, CXL-based memory, LPDDR components and modules, graphics memory, high-bandwidth memory, and data center memory products; multichip packages (MCP) comprising embedded multimedia card-based, universal flash storage-based, and NAND-based MCPs; and technology leadership products that include 1y DRAM and G9 NAND technologies.. Operates in Semiconductors within the Technology sector. Workforce of 53,000 employees.
🏰 MOAT & COMPETITION
Mega-cap ($557B) — dominant market position with significant scale advantages. ROE of 39.8% indicates strong competitive advantage and efficient capital deployment. Profit margin of 41.5% suggests pricing power / cost moat.
🚀 CATALYSTS
Revenue growing at 196% — strong top-line momentum. Earnings growth of 756% signals execution on profitability.
⚖️ ASYMMETRY CHECK
Analyst target range: $249 — $852 (mean $538, 41 analysts). Moderate asymmetry — upside +73% vs downside -50% (1.5x).P/E of 23.3x — fair value territory; catalysts needed for re-rating.
🔭 FUTURE OUTLOOK
Analyst consensus: Strong Buy (41 analysts). Latest quarter earnings grew 771% YoY — positive trajectory.
P/E at 23x
P/B at 7.7x
Analyst target: $537.78 (+8.9%)
1Y return: +530.1%
ROE: 39.8%
Profit margin: 41.5%
Revenue growth: 196.3%
Debt/Equity: 15%
Revenue growth: 196.3%
Earnings growth: 756.0%
Beta: 1.61
Sector: Technology
RSI, MACD, MA crossovers
200 DMA & 50 EMA position
Volume trend analysis
Price momentum signals
📈 Price Movement
1D 1W 1M
6M 1Y 3Y 5Y
🕯 Candlestick Chart
1D 1W 1M
6M 1Y 3Y 5Y
🎯 Price Prediction · Analyst Target Cone
📉 Valuation Trends (at current CMP)
P/E P/B MCap/Sales EPS
811.2
621.9
432.7
243.4
54.1
2022
2024
2025
2022: 63.7 2024: 705.4 2025: 65.1 65.1
14.5
13.1
11.6
10.2
8.7
2022
2023
2024
2025
2022: 11.2 2023: 12.6 2024: 12.3 2025: 10.3 10.3
41.2
34.1
26.9
19.8
12.7
2022
2023
2024
2025
2022: 18.1 2023: 35.8 2024: 22.2 2025: 14.9 14.9
8.9
6.8
4.8
2.7
0.6
2022
2024
2025
2022: 7.8 2024: 0.7 2025: 7.6 7.6
💎 Valuation & Financial Metrics
P/E RATIO
23.3x
Trailing twelve months
P/B RATIO
7.7x
Price to Book value
PROFIT MARGIN
41.5%
Net profit margin
OPM
67.6%
Operating profit margin
ANALYST TARGET
$537.78
Range: $249.00 - $852.00
PEG RATIO
0.31
Price/Earnings to Growth
EV/EBITDA
16.0x
Enterprise value ratio
CURRENT RATIO
2.90
Liquidity measure
DIVIDEND YIELD
11.00%
Annual yield
GROSS MARGIN
58.4%
Gross profit margin
SECTOR BENCHMARKS — SEMICONDUCTORS
P/E (fair) 35.0x (sector mid)
P/B (fair) 8.0x (sector mid)
ROE (good) 25% (sector target)
OPM (good) 25% (sector target)
D/E comfort <20 (sector)
📋 Quarterly Performance Trend
Quarter Revenue QoQ % Net Profit QoQ % Op. Cash Flow EBITDA Margin
Q3 '24
N/A —
N/A —
N/A
N/A
Q1 '25
$8.1B —
$1.6B —
$3.9B
49.0%
Q2 '25
$9.3B +15.5%
$1.9B +19.1%
$4.6B
46.6%
Q3 '25
$11.3B +21.7%
$3.2B +69.8%
$5.7B
52.2%
Q4 '25
$13.6B +20.6%
$5.2B +63.7%
$8.4B
61.2%
Q1 '26
$23.9B +74.9%
$13.8B +163.1%
$11.9B
77.4%
📊 Year-on-Year Trend
FY Revenue YoY % Net Profit YoY % Op. Cash Flow YoY %
2021
N/A —
N/A —
N/A —
2022
$30.8B —
$8.7B —
$15.2B —
2023
$15.5B -49.5%
$-5.8B -167.1%
$1.6B -89.7%
2024
$25.1B +61.6%
$778.0M +113.3%
$8.5B +445.7%
2025
$37.4B +48.9%
$8.5B +997.6%
$17.5B +106.0%
📈 Revenue vs Earnings
Quarterly
Annual
💰 How Micron Technology, Inc. Makes Its Money
Quarterly
Annual
Revenue
$23.9B
Cost of Revenue
$6.1B
Gross Profit
$17.8B
R&D
$1.2B
SG&A
$344M
Operating Inc.
$16.1B
Tax
$2.4B
Net Income
$13.8B
(57.8% margin)
Feb 2026 · All values in $ Millions
Revenue
$13.6B
Cost of Revenue
$6.0B
Gross Profit
$7.6B
R&D
$1.2B
SG&A
$337M
Operating Inc.
$6.1B
Tax
$829M
Interest
$74M
Other
$140M
Net Income
$5.2B
(38.4% margin)
Nov 2025 · All values in $ Millions
Revenue
$11.3B
Cost of Revenue
$6.3B
Gross Profit
$5.1B
R&D
$1.0B
SG&A
$314M
Operating Inc.
$3.7B
Tax
$429M
Interest
$124M
Other
$84M
Net Income
$3.2B
(28.3% margin)
Aug 2025 · All values in $ Millions
Revenue
$9.3B
Cost of Revenue
$5.8B
Gross Profit
$3.5B
R&D
$965M
SG&A
$318M
Operating Inc.
$2.2B
Tax
$235M
Interest
$123M
Other
$68M
Net Income
$1.9B
(20.3% margin)
May 2025 · All values in $ Millions
Revenue
$37.4B
Cost of Revenue
$22.5B
Gross Profit
$14.9B
R&D
$3.8B
SG&A
$1.2B
Operating Inc.
$9.8B
Tax
$1.1B
Interest
$477M
Net Income
$8.5B
(22.8% margin)
Aug 2025 · All values in $ Millions
Revenue
$25.1B
Cost of Revenue
$19.5B
Gross Profit
$5.6B
R&D
$3.4B
SG&A
$1.1B
Operating Inc.
$1.3B
Tax
$451M
Interest
$562M
Net Income
$778M
(3.1% margin)
Aug 2024 · All values in $ Millions
Revenue
$15.5B
Cost of Revenue
$17.0B
Gross Profit
-$1.4B
R&D
$3.1B
SG&A
$920M
Operating Inc.
-$5.4B
Tax
$177M
Interest
$388M
Other
$333M
Net Income
-$5.8B
(-37.5% margin)
Aug 2023 · All values in $ Millions
Revenue
$30.8B
Cost of Revenue
$16.9B
Gross Profit
$13.9B
R&D
$3.1B
SG&A
$1.1B
Operating Inc.
$9.7B
Tax
$888M
Interest
$189M
Net Income
$8.7B
(28.2% margin)
Aug 2022 · All values in $ Millions
Feb 2026
Nov 2025
Aug 2025
May 2025
🏦 Snapshot of Micron Technology, Inc.'s Balance Sheet
Quarterly
Annual
Total Assets
$101.5B
Cash & Equiv.: $13.9B (13.7%)
Receivables: $15.4B (15.2%)
Inventory: $8.3B (8.1%)
Other Current: $3.8B (3.8%)
PP&E: $52.1B (51.3%)
Goodwill: $1.1B (1.1%)
Other Non-Curr.: $6.4B (6.3%)
Liab. + Equity
$101.5B
Current Liab.: $14.3B (14.1%)
Long-Term Debt: $7.3B (7.2%)
Other Liab.: $7.4B (7.3%)
Equity: $72.5B (71.4%)
As of Feb 2026 · All values in $ Millions
Total Assets
$86.0B
Cash & Equiv.: $9.7B (11.3%)
Receivables: $8.0B (9.3%)
Inventory: $8.2B (9.5%)
Other Current: $3.7B (4.3%)
PP&E: $49.2B (57.2%)
Goodwill: $1.1B (1.3%)
Other Non-Curr.: $5.5B (6.4%)
Liab. + Equity
$86.0B
Current Liab.: $12.1B (14.0%)
Long-Term Debt: $8.8B (10.3%)
Other Liab.: $6.3B (7.3%)
Equity: $58.8B (68.4%)
As of Nov 2025 · All values in $ Millions
Total Assets
$82.8B
Cash & Equiv.: $9.6B (11.6%)
Receivables: $7.2B (8.7%)
Inventory: $8.4B (10.1%)
Other Current: $3.7B (4.4%)
PP&E: $47.3B (57.2%)
Goodwill: $1.1B (1.4%)
Other Non-Curr.: $5.0B (6.1%)
Liab. + Equity
$82.8B
Current Liab.: $11.5B (13.8%)
Long-Term Debt: $11.5B (13.9%)
Other Liab.: $5.6B (6.8%)
Equity: $54.2B (65.4%)
As of Aug 2025 · All values in $ Millions
Total Assets
$78.4B
Cash & Equiv.: $10.2B (13.0%)
Receivables: $5.5B (7.0%)
Inventory: $8.7B (11.1%)
Other Current: $3.5B (4.5%)
PP&E: $45.4B (57.9%)
Goodwill: $1.1B (1.5%)
Other Non-Curr.: $3.5B (4.5%)
Liab. + Equity
$78.4B
Current Liab.: $10.1B (12.9%)
Long-Term Debt: $12.4B (15.9%)
Other Liab.: $5.1B (6.5%)
Equity: $50.7B (64.7%)
As of May 2025 · All values in $ Millions
Total Assets
$82.8B
Cash & Equiv.: $9.6B (11.6%)
Receivables: $7.2B (8.7%)
Inventory: $8.4B (10.1%)
Other Current: $3.7B (4.4%)
PP&E: $47.3B (57.2%)
Goodwill: $1.1B (1.4%)
Other Non-Curr.: $5.0B (6.1%)
Liab. + Equity
$82.8B
Current Liab.: $11.5B (13.8%)
Long-Term Debt: $11.5B (13.9%)
Other Liab.: $5.6B (6.8%)
Equity: $54.2B (65.4%)
As of Aug 2025 · All values in $ Millions
Total Assets
$69.4B
Cash & Equiv.: $7.0B (10.1%)
Receivables: $5.4B (7.8%)
Inventory: $8.9B (12.8%)
Other Current: $3.0B (4.4%)
PP&E: $40.4B (58.2%)
Goodwill: $1.1B (1.7%)
Other Non-Curr.: $3.1B (4.4%)
Liab. + Equity
$69.4B
Current Liab.: $9.2B (13.3%)
Long-Term Debt: $11.2B (16.2%)
Other Liab.: $3.8B (5.5%)
Equity: $45.1B (65.0%)
As of Aug 2024 · All values in $ Millions
Total Assets
$64.3B
Cash & Equiv.: $8.6B (13.3%)
Receivables: $2.0B (3.2%)
Inventory: $8.4B (13.1%)
Other Current: $2.2B (3.5%)
PP&E: $38.6B (60.1%)
Goodwill: $1.1B (1.8%)
Other Non-Curr.: $2.9B (4.5%)
Liab. + Equity
$64.3B
Current Liab.: $4.8B (7.4%)
Long-Term Debt: $11.9B (18.6%)
Other Liab.: $3.4B (5.3%)
Equity: $44.1B (68.7%)
As of Aug 2023 · All values in $ Millions
Total Assets
$66.3B
Cash & Equiv.: $8.3B (12.5%)
Receivables: $4.8B (7.2%)
Inventory: $6.7B (10.1%)
Other Current: $2.1B (3.2%)
PP&E: $39.2B (59.2%)
Goodwill: $1.2B (1.9%)
Other Non-Curr.: $3.6B (5.5%)
Liab. + Equity
$66.3B
Current Liab.: $7.5B (11.4%)
Long-Term Debt: $6.0B (9.1%)
Other Liab.: $2.8B (4.2%)
Equity: $49.9B (75.3%)
As of Aug 2022 · All values in $ Millions
Feb 2026
Nov 2025
Aug 2025
May 2025
💸 Looking into Micron Technology, Inc.'s Cash Flow
Quarterly
Annual
Operating CF
$11.9B
Capital Exp.
$6.4B
Free Cash Flow
$5.5B
Dividends
$132M
Buybacks
$350M
Debt Repaid
$1.7B
Retained / Other
$3.4B
FY2026 · All values in $ Millions
Operating CF
$8.4B
Capital Exp.
$5.4B
Free Cash Flow
$3.0B
Dividends
$134M
Buybacks
$300M
Debt Repaid
$2.9B
FY2025 · All values in $ Millions
Operating CF
$5.7B
Capital Exp.
$5.7B
Free Cash Flow
$72M
Dividends
$130M
Debt Repaid
$1.0B
FY2025 · All values in $ Millions
Operating CF
$4.6B
Capital Exp.
$2.9B
Free Cash Flow
$1.7B
Dividends
$131M
Debt Repaid
$978M
Retained / Other
$562M
FY2025 · All values in $ Millions
Operating CF
$17.5B
Capital Exp.
$15.9B
Free Cash Flow
$1.7B
Dividends
$522M
Debt Repaid
$4.6B
FY2025 · All values in $ Millions
Operating CF
$8.5B
Capital Exp.
$8.4B
Free Cash Flow
$121M
Dividends
$513M
Buybacks
$300M
Debt Repaid
$1.9B
FY2024 · All values in $ Millions
Operating CF
$1.6B
Capital Exp.
$7.7B
FY2023 · All values in $ Millions
Operating CF
$15.2B
Capital Exp.
$12.1B
Free Cash Flow
$3.1B
Dividends
$461M
Buybacks
$2.4B
Debt Repaid
$2.0B
FY2022 · All values in $ Millions
FY2026
FY2025
FY2025
FY2025
🎯 EPS: Estimate vs Actual
Estimates
Quarterly
Annual
📅 Quarterly Results
Item Feb '26 Nov '25 Aug '25 May '25 Feb '25 Aug '24 Total Revenue $23.86B $13.64B $11.31B $9.30B $8.05B — Cost of Revenue $6.11B $6.00B $6.26B $5.79B $5.09B — Gross Profit $17.75B $7.65B $5.05B $3.51B $2.96B — Operating Expense $1.62B $1.51B $1.36B $1.34B $1.19B — Operating Income $16.14B $6.14B $3.69B $2.17B $1.77B — Interest Expense $32.0M $74.0M $124.0M $123.0M $112.0M — Pretax Income $16.16B $6.06B $3.63B $2.11B $1.76B — Tax Provision $2.37B $829.0M $429.0M $235.0M $177.0M — Net Income $13.79B $5.24B $3.20B $1.89B $1.58B — EBITDA $18.48B $8.35B $5.90B $4.33B $3.95B — EPS (Basic) $12.25 $4.66 $2.86 $1.69 $1.42 — EPS (Diluted) $12.07 $4.60 $2.83 $1.68 $1.41 — Shares Outstanding 1.14B 1.14B 1.13B 1.12B 1.12B —
📊 Profit & Loss Statement
Item Aug '25 Aug '24 Aug '23 Aug '22 Aug '21 Total Revenue $37.38B $25.11B $15.54B $30.76B — Cost of Revenue $22.50B $19.50B $16.96B $16.86B — Gross Profit $14.87B $5.61B $-1.42B $13.90B — Operating Expense $5.06B $4.31B $3.99B $4.19B — Operating Income $9.81B $1.30B $-5.41B $9.71B — Interest Expense $477.0M $562.0M $388.0M $189.0M — Pretax Income $9.65B $1.24B $-5.66B $9.57B — Tax Provision $1.12B $451.0M $177.0M $888.0M — Net Income $8.54B $778.0M $-5.83B $8.69B — EBITDA $18.48B $9.58B $2.49B $16.88B — EPS (Basic) $7.65 $0.70 $-5.34 $7.81 — EPS (Diluted) $7.59 $0.70 $-5.34 $7.75 — Shares Outstanding 1.12B 1.12B 1.09B 1.12B —
🏦 Balance Sheet
Item Aug '25 Aug '24 Aug '23 Aug '22 Aug '21 Total Assets $82.80B $69.42B $64.25B $66.28B — Current Assets $28.84B $24.37B $21.24B $21.78B — Cash & Equivalents $9.64B $7.04B $8.58B $8.26B — Accounts Receivable $7.16B $5.42B $2.05B $4.76B — Inventory $8.36B $8.88B $8.39B $6.66B — Non-Current Assets $53.96B $45.04B $43.01B $44.50B — Property Plant & Equip $47.33B $40.39B $38.59B $39.23B — Goodwill $1.15B $1.15B $1.15B $1.23B — Intangible Assets $1.60B $1.57B $1.55B $1.65B — Total Liabilities $28.63B $24.29B $20.13B $16.38B — Current Liabilities $11.45B $9.25B $4.76B $7.54B — Accounts Payable $3.13B $2.73B $1.73B $2.14B — Short-Term Debt — $106.0M $106.0M — $1.0M Long-Term Debt $11.53B $11.24B $11.94B $6.02B — Total Equity $54.16B $45.13B $44.12B $49.91B — Retained Earnings $48.58B $40.88B $40.82B $47.27B — Book Value/Share 52.56B 43.56B 42.57B 48.26B —
💰 Cash Flow Statement
Item Aug '25 Aug '24 Aug '23 Aug '22 Aug '21 Operating Cash Flow $17.52B $8.51B $1.56B $15.18B — Depreciation & Amort. $8.35B $7.78B $7.76B $7.12B — Change in Working Cap $-666.0M $-1.17B $-2.91B $-1.25B — Capital Expenditure $-15.86B $-8.39B $-7.68B $-12.07B — Free Cash Flow $1.67B $121.0M $-6.12B $3.11B — Investing Cash Flow $-14.09B $-8.31B $-6.19B $-11.59B — Acquisitions — $0 $0 $888.0M $0 Financing Cash Flow $-850.0M $-1.84B $4.98B $-2.98B — Debt Issued $4.43B $999.0M $6.72B $2.00B — Debt Repaid $-4.62B $-1.90B $-761.0M $-2.03B — Dividends Paid $-522.0M $-513.0M $-504.0M $-461.0M — Share Buyback $0 $-300.0M $-425.0M $-2.43B — Net Change in Cash $2.59B $-1.64B $351.0M $616.0M —
📈 Key Financial Ratios
Ratio FY2025 FY2024 FY2023 FY2022 FY2021 Gross Margin % 39.8% 22.4% -9.1% 45.2% — Operating Margin % 26.2% 5.2% -34.8% 31.6% — Net Margin % 22.8% 3.1% -37.5% 28.2% — EBITDA Margin % 49.4% 38.2% 16.0% 54.9% — ROE % 15.8% 1.7% -13.2% 17.4% — ROA % 10.3% 1.1% -9.1% 13.1% — Debt/Equity % 28.2% 31.0% 31.6% 15.1% — Current Ratio 2.52 2.64 4.46 2.89 — FCF Margin % 4.5% 0.5% -39.4% 10.1% — Asset Turnover 0.45 0.36 0.24 0.46 —
🚀 Compounded Growth Rates
Revenue
1-Year +48.9% 3-Year CAGR +55.1%
🏭 Industry Peers — Semiconductors
Ticker Company Price P/E P/B MCap ROE Margin Rev Growth AAPL Apple Inc. $269.42 34.1 44.9 $3,955.4B 152.0% 27.0% 15.7% MSFT Microsoft Corporation $428.34 26.8 8.1 $3,183.7B 34.4% 39.0% 16.7% GOOGL Alphabet Inc. $349.19 32.2 10.2 $4,224.3B 35.7% 32.8% 18.0% META Meta Platforms, Inc. $669.17 28.5 7.8 $1,698.6B 30.2% 30.1% 23.8% NVDA NVIDIA Corporation $210.49 43.0 32.5 $5,116.0B 101.5% 55.6% 73.2% ORCL Oracle Corporation $166.81 30.0 14.3 $479.9B 57.6% 25.3% 21.7% CRM Salesforce, Inc. $182.30 23.4 2.9 $149.1B 12.4% 18.0% 12.1% ADBE Adobe Inc. $243.87 14.2 8.7 $98.6B 58.8% 29.5% 12.0%
Peers selected from Technology sector · Data from Yahoo Finance
🏛 Shareholding Pattern
TOP HOLDERS
Holder Type Shares % Held Vanguard Group Inc Inst 106,608,094 9.45% Blackrock Inc. Inst 100,701,543 8.93% Capital World Investors Inst 58,249,125 5.17% State Street Corporation Inst 52,749,817 4.68% FMR, LLC Inst 39,596,338 3.51% VANGUARD INDEX FUNDS-Vanguard Total MF 35,366,147 3.14% VANGUARD INDEX FUNDS-Vanguard 500 I MF 28,304,831 2.51% Invesco QQQ Trust, Series 1 MF 23,937,806 2.12%
🟢 CATALYSTS
🏆 Revenue Growth 196%: Above sector norm of 30% — strong top-line momentum.
💹 High ROE (39.8%): Above sector norm of 25% — efficient capital use.
🔀 Healthy Margins (41.5%): Above sector norm of 25%.
🇺 Earnings Growth (756%): Above sector norm — strong profit expansion.
🔴 RISKS
📜 High Beta (1.61): More volatile than market — higher swing risk.
💰 Market Risk: Broader market correction or sentiment shift could impact stock.
🔓 Sector Risk: Regulatory or competitive changes in Technology space.
🕸 Factor Analysis · Radar
Momentum 9/10: 1M +53.5%, 6M +122.7%, RSI 63, MACD bullish, Above 200DMA Sentiment 7/10: Analyst upside +8.9%, Rec: strong buy Value 7/10: P/E 23.3, P/B 7.7, PEG 0.31, EV/EBITDA 16.0 Quality 10/10: ROE 39.8%, Margin 41.5%, D/E 15, CR 2.90 Low Volatility 1/10: Beta 1.61, Ann. vol 59% Momentum
9
Sentiment
7
Value
7
Quality
10
Low Vol
1
Momentum 9/10 1M +53.5%, 6M +122.7%, RSI 63, MACD bullish, Above 200DMA
Sentiment 7/10 Analyst upside +8.9%, Rec: strong buy
Value 7/10 P/E 23.3, P/B 7.7, PEG 0.31, EV/EBITDA 16.0
Quality 10/10 ROE 39.8%, Margin 41.5%, D/E 15, CR 2.90
Low Volatility 1/10 Beta 1.61, Ann. vol 59%
🎯 Decision Matrix — Game Theory
Action If Stock Rises If Stock Falls
BUY Capture 8.9% analyst upside OPM of 68% provides margin buffer HOLD Retain existing position; wait for better entry Miss further upside if momentum continues; 1M return of +53.5% shows momentum SELL Lock in +530.1% 1Y return Avoid further drawdown
REASONS TO BUY
Analyst upside of 8.9% with mean target of $537.78
ROE of 39.8% above sector norm of 25%
Revenue growing at 196.3% YoY (sector norm: 12%)
Operating margin of 68% shows pricing power (sector norm: 25%)
REASONS TO SELL / AVOID
1Y return of +530.1% — profit booking opportunity
Micron Technology, Inc. trades at $493.81 with a composite risk score of 82/100.
The stock scores 17/25 on valuation, 25/25 on financial health, 20/25 on growth, and 20/25 on technicals.
The company is currently profitable with strong return on equity.
Bottom Line: Attractive risk/reward for Technology at current levels. The current recommendation is BUY .
PROFITABLE
HIGH ROE
STRONG GROWTH
VOLATILE