AI-Driven Surge | Micron rides the AI wave with High Bandwidth Memory, projecting billions in revenue for FY2025 and strong yield improvements in production |
Financial Momentum | Explore Micron's robust performance, beating market expectations with Q4 2024 revenue of $7.75 billion and optimistic FY2025 projections |
Market Dynamics | Delve into DRAM and NAND market trends, with favorable pricing expected through 2025 and Micron's strategic focus on high-value products |
Analyst Perspectives | Average price target of $159, ranging from $114 to $200, reflecting varied views on Micron's growth potential and market positioning |
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.
Metrics to compare | MU | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipMUPeersSector | |
---|---|---|---|---|
P/E Ratio | 142.1x | −32.7x | 11.1x | |
PEG Ratio | 1.26 | −0.04 | 0.01 | |
Price/Book | 2.5x | −8.3x | 2.4x | |
Price / LTM Sales | 4.4x | 3.0x | 2.1x | |
Upside (Analyst Target) | 45.4% | 0.0% | 24.2% | |
Fair Value Upside | Unlock | 10.2% | 5.4% | Unlock |