
Cancel anytime
- Chart
- Upturn Summary
- Highlights
- Revenue
- Valuation
- Analyst Ratings
Upturn AI SWOT
- About


Micron Technology Inc (MU)



- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)


(see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
03/20/2025: MU (3-star) is currently NOT-A-BUY. Pass it for now.
Analysis of Past Performance
Type Stock | Historic Profit -5.2% | Avg. Invested days 33 | Today’s Advisory PASS |
Upturn Star Rating ![]() ![]() | Upturn Advisory Performance ![]() | Stock Returns Performance ![]() |
![]() ![]() | ![]() ![]() |
Key Highlights
Company Size Large-Cap Stock | Market Capitalization 99.02B USD | Price to earnings Ratio 21.2 | 1Y Target Price 129.07 |
Price to earnings Ratio 21.2 | 1Y Target Price 129.07 | ||
Volume (30-day avg) 19668649 | Beta 1.23 | 52 Weeks Range 83.32 - 156.81 | Updated Date 04/3/2025 |
52 Weeks Range 83.32 - 156.81 | Updated Date 04/3/2025 | ||
Dividends yield (FY) 0.52% | Basic EPS (TTM) 4.18 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date 2025-03-20 | When After Market | Estimate 1.28 | Actual 1.56 |
Profitability
Profit Margin 14.92% | Operating Margin (TTM) 22.02% |
Management Effectiveness
Return on Assets (TTM) 5.52% | Return on Equity (TTM) 10.1% |
Valuation
Trailing PE 21.2 | Forward PE 12.97 | Enterprise Value 105755837115 | Price to Sales(TTM) 3.16 |
Enterprise Value 105755837115 | Price to Sales(TTM) 3.16 | ||
Enterprise Value to Revenue 3.38 | Enterprise Value to EBITDA 7.19 | Shares Outstanding 1117570048 | Shares Floating 1113145942 |
Shares Outstanding 1117570048 | Shares Floating 1113145942 | ||
Percent Insiders 0.27 | Percent Institutions 82.97 |
Analyst Ratings
Rating 4.46 | Target Price 131.16 | Buy 8 | Strong Buy 25 |
Buy 8 | Strong Buy 25 | ||
Hold 5 | Sell 1 | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Micron Technology Inc

Company Overview
History and Background
Micron Technology, Inc. was founded in 1978 in Boise, Idaho, by Ward Parkinson, Joe Parkinson, Dennis Wilson, and Doug Pitman. Initially, it was a consulting firm before transitioning to manufacturing memory chips. A significant milestone was becoming a publicly traded company in 1984. Over time, Micron has expanded its product portfolio through acquisitions and innovations in memory and storage technologies.
Core Business Areas
- Compute and Networking Business Unit (CNBU): Focuses on memory solutions for client, cloud, and enterprise segments. Products include DRAM modules for servers and PCs.
- Mobile Business Unit (MBU): Develops memory and storage products for mobile devices, including smartphones and tablets. Primary offerings are LPDRAM and NAND flash memory.
- Storage Business Unit (SBU): Provides NAND flash-based storage solutions such as SSDs for enterprise, client, and consumer applications.
- Embedded Business Unit (EBU): Offers memory and storage solutions for automotive, industrial, and consumer electronics applications. Products include DRAM, NAND, and NOR flash memory.
Leadership and Structure
Sanjay Mehrotra serves as the Chief Executive Officer. The company is structured into various business units focusing on specific market segments. A board of directors oversees the company's strategic direction and corporate governance.
Top Products and Market Share
Key Offerings
- Competitors: Samsung,SK Hynix
- DRAM (Dynamic Random-Access Memory): DRAM is a volatile memory widely used in computers, servers, and mobile devices. Micron is a leading DRAM manufacturer, competing with Samsung and SK Hynix. Market share fluctuates but is typically around 20-25%.
- Competitors: Samsung,SK Hynix,Western Digital,Kioxia
- NAND Flash Memory: NAND flash memory is a non-volatile storage technology used in SSDs, smartphones, and other devices. Micron produces a variety of NAND products. Market share is around 11-15% and is also competing with Samsung and SK Hynix.
- Competitors: Macronix,Winbond,Cypress Semiconductor
- NOR Flash Memory: NOR Flash memory is a type of non-volatile memory that provides fast random access and is often used for code storage in embedded systems and other applications.
- Competitors: Samsung,SK Hynix,Western Digital,Kioxia
- SSDs (Solid State Drives): Micron produces SSDs for both consumer and enterprise markets, leveraging its NAND flash memory technology. Competing with Samsung, Western Digital, and others.
Market Dynamics
Industry Overview
The memory and storage industry is highly cyclical, influenced by supply and demand dynamics, technology advancements, and macroeconomic conditions. Growth is driven by increasing demand for data storage and processing in areas such as AI, cloud computing, and mobile devices.
Positioning
Micron is a major player in the memory and storage industry, positioned as a technology innovator and manufacturer. The company benefits from its vertically integrated manufacturing capabilities and a strong focus on research and development.
Total Addressable Market (TAM)
The total addressable market for memory and storage is projected to reach hundreds of billions of dollars. Micron is well-positioned to capture a significant share of this market through its diverse product portfolio and technology leadership.
Upturn SWOT Analysis
Strengths
- Strong technology portfolio in DRAM and NAND
- Vertically integrated manufacturing
- Established customer relationships
- Significant R&D investment
- Global presence
Weaknesses
- Susceptibility to cyclical industry conditions
- High capital expenditure requirements
- Intense competition
- Exposure to geopolitical risks
- Price competition in commoditized memory markets
Opportunities
- Growing demand for memory in AI and cloud computing
- Expansion in automotive and industrial markets
- Development of advanced memory technologies (e.g., 3D NAND)
- Increased adoption of SSDs
- Strategic partnerships and acquisitions
Threats
- Industry oversupply and price declines
- Technological obsolescence
- Geopolitical tensions and trade restrictions
- Competition from low-cost manufacturers
- Economic downturns affecting demand
Competitors and Market Share
Key Competitors
- Samsung (SMSN.IL)
- SK Hynix (000660.KS)
- Western Digital (WDC)
- Kioxia (Private)
Competitive Landscape
Micron faces intense competition from larger players with significant resources. Its competitive advantages include its technology portfolio and vertically integrated manufacturing.
Major Acquisitions
Numonyx
- Year: 2010
- Acquisition Price (USD millions): 1270
- Strategic Rationale: Expanded Micron's flash memory portfolio, particularly in the NOR flash segment.
Growth Trajectory and Initiatives
Historical Growth: Micron's growth has been cyclical, influenced by memory market conditions and technological advancements.
Future Projections: Analyst projections vary but generally anticipate growth driven by increased demand for memory and storage in key markets.
Recent Initiatives: Micron has invested heavily in advanced memory technologies and expanded its manufacturing capacity.
Summary
Micron is a significant player in the memory and storage industry, benefiting from its technological capabilities and vertical integration. However, the company is susceptible to cyclical market conditions and faces intense competition. Recent initiatives focusing on advanced technologies position Micron for future growth, but it needs to carefully manage its capital expenditures and navigate geopolitical risks.
Similar Companies

AMD

Advanced Micro Devices Inc



AMD

Advanced Micro Devices Inc

INTC

Intel Corporation



INTC

Intel Corporation

QCOM

Qualcomm Incorporated



QCOM

Qualcomm Incorporated

SMCI

Super Micro Computer Inc



SMCI

Super Micro Computer Inc

WDC

Western Digital Corporation



WDC

Western Digital Corporation
Sources and Disclaimers
Data Sources:
- Company Filings
- Industry Reports
- Analyst Estimates
Disclaimers:
The data and analysis provided are for informational purposes only and should not be considered financial advice. Market conditions and company performance are subject to change.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Micron Technology Inc
Exchange NASDAQ | Headquaters Boise, ID, United States | ||
IPO Launch date 1984-06-01 | CEO, President & Chairman Mr. Sanjay Mehrotra | ||
Sector Technology | Industry Semiconductors | Full time employees 48000 | Website https://www.micron.com |
Full time employees 48000 | Website https://www.micron.com |
Micron Technology, Inc. designs, develops, manufactures, and sells memory and storage products in the United States, Taiwan, Mainland China, rest of the Asia Pacific, Hong Kong, Japan, Europe, and internationally. The company operates through four segments: Compute and Networking Business Unit, Mobile Business Unit, Embedded Business Unit, and Storage Business Unit. It provides memory and storage technologies comprising dynamic random access memory semiconductor devices with low latency that provide high-speed data retrieval; non-volatile and re-writeable semiconductor storage devices; and non-volatile re-writable semiconductor memory devices that provide fast read speeds under the Micron and Crucial brands, as well as through private labels. The company offers serves the data center, PC, graphics, networking, automotive, industrial, and consumer embedded markets, as well as for smartphone and other mobile-device markets. It markets its products through its direct sales force, independent sales representatives, distributors, and retailers; and web-based customer direct sales channel, as well as through channel and distribution partners. Micron Technology, Inc. was founded in 1978 and is headquartered in Boise, Idaho.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.