Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Selling, general, and administrative

Research and development

Restructure and asset impairments

Other operating expense

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Micron Technology

Micron Technology, Inc. engages in the provision of innovative memory and storage solutions. It operates through the following segments: Compute & Networking Business Unit (CNBU), Mobile Business Unit (MBU), Storage Business Unit (SBU), and Embedded Business Unit (EBU). The CNBU segment includes memory products sold into cloud server, enterprise, client, graphics, and networking markets. The MBU segment offers memory products sold into smartphone and other mobile-device markets. The SBU segment consists of SSDs and component-level solutions sold into enterprise and cloud, client, and consumer storage markets, and other discrete storage products sold in component and wafer forms. The EBU segment consists of memory and storage products sold into automotive, industrial, and consumer markets. The company was founded by Ward D. Parkinson, Joseph Leon Parkinson, Dennis Wilson, and Doug Pitman on October 5, 1978, and is headquartered in Boise, ID.

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Micron exceeds Q3 expectations amidst China uncertainty and inventory challenges

Micron's fiscal Q3 performance was strong, with revenue, gross margin, and EPS exceeding expectations. The company faces challenges due to the uncertain impact of the CAC decision in China and inventory write-downs. However, Micron's focus on technology leadership, investments in high-bandwidth memory products, and strategies to mitigate share loss present opportunities for future growth.

Micron tackles pricing challenges, eyes growth in data center

Micron navigated Q2 challenges with supply reduction measures and cost controls, aiming for normalized growth and profitability.
Despite facing pricing pressures, the company remains a leader in DRAM and NAND technology, with strong customer relationships and growth opportunities.
Anticipating recovery in industry profitability and free cash flow in fiscal 2024, bolstered liquidity and confident in supply actions for NAND business.
Transition to DDR5 technology and market opportunities in data center present growth potential, with a focus on improving margins through FY '24.

Micron Technology manages challenges, leverages innovation for growth

Micron Technology navigates challenges from the CAC ruling and cash flow dynamics while focusing on innovation, partnerships, and operational efficiencies.
The company faces inventory and margin challenges in the short term but aims to capitalize on growth opportunities in low-power memory products and high-capacity modules.
Despite industry TAM reductions, Micron's strategic positioning and supply management efforts position it well to address market demands and drive revenue growth.
Overall, Micron's performance reflects a balance of challenges, strengths, and opportunities in the evolving semiconductor market landscape.

Micron Technology navigates underutilization challenges, eyes positive gross margin

Micron Technology faces challenges with underutilization charges impacting earnings but is strategically investing in high-value segments and newer technologies to drive growth. The company expects positive gross margin in the second half of fiscal '24 and anticipates demand to return as customer inventories normalize.

Micron Technology anticipates pricing improvements for 2024 amidst challenges

Micron Technology's Q1 2024 earnings call showcased a focus on cost efficiencies, pricing improvements, and gross margin expansion, despite industry-wide challenges and inventory normalization delays.

Micron Technology reports solid Q2 performance amidst market challenges

Micron Technology's Q2 2024 performance reflects a focus on maintaining market share, disciplined investments, and meeting customer demands amidst challenges and opportunities.
The company's strengths in strong HBM demand, customer engagements, and strategic CapEx decisions position it for growth and margin profile improvements.
While facing challenges such as capacity constraints and cost structure improvements, Micron is leveraging opportunities in HBM demand, investments in NAND, and margin expansion strategies.

Micron Q3 2024: Strong HBM Focus, CapEx Expansion

Micron Technology's Q3 2024 earnings call highlighted a strategic focus on HBM market share growth and a significant CapEx ramp-up for technology transitions. The company is managing its inventory levels to match market demand, particularly in high-value sectors, and is seeing improvements in NAND profitability. Challenges remain with new U.S. projects and rising operating expenses, but opportunities in AI-driven demand and customer engagements present avenues for growth.

Micron Technology forecasts growth in AI servers and improved inventory management for fiscal '25

Micron Technology projects growth in AI servers and improved inventory management in fiscal '25. The company is strategically focusing on high-profit segments and technological advancements in DRAM bit shipments. Challenges include managing risks during margin expansion and transitioning DDR4 shipments to DDR5 and LP5.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Micron Technology, Inc. engages in the provision of innovative memory and storage solutions. It operates through the following segments: Compute and Networking Business Unit (CNBU), Mobile Business Unit (MBU), Embedded Business Unit (EBU), and Storage Business Unit (SBU). The CNBU segment includes memory products and solutions sold into client, cloud server, enterprise, graphics, and networking markets. The MBU segment is involved in memory and storage products sold into smartphone and other mobile-device markets. The EBU segment focuses on memory and storage products sold into automotive, industrial, and consumer Markets. The SBU segment consists of SSDs and component-level solutions sold into enterprise and cloud, client, and consumer storage markets. The company was founded by Ward D. Parkinson, Joseph Leon Parkinson, Dennis Wilson, and Doug Pitman on October 5, 1978 and is headquartered in Boise, ID.

Apple

SPY, Apple and Micron Technology are included in this Analyst Blog.

The Zacks Analyst Blog SPY, Apple and Micron Technology

In the closing of the recent trading day, Micron (MU) stood at $89, denoting a -1.57% change from the preceding trading day.

Micron (MU) Stock Dips While Market Gains: Key Facts

In light of Micron Technology's (NASDAQ: MU ) high leverage to the ongoing AI boom, very rapid growth and low valuation, I recommend that investors buy the shares of the memory-chip maker. Also importantly, many on Wall Street appear to be quite bullish on MU stock despite its anemic valuation.

Looking for an AI Play? Micron Stock Is Cheap and Growing Very Quickly.

Since the long term bodes well for Apple (AAPL) and Micron Technology (MU) after the initial dip, it would be wise to invest in such growth stocks.

2 Top S&P 500 Stocks to Buy on Market Dip: AAPL, MU

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Semiconductor providers like TSM, PI, CRUS and MU are riding on strong year-over-year sales growth, driven by strong demand for semiconductor components.

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Micron: This Apple And NVIDIA Supplier Is An Undervalued AI Stock

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Big Tech companies are spending huge amounts on artificial intelligence ( AI ) in efforts to benefit from deploying the technology down the road. According to The Financial Times, Big Tech firms increased their capital expenditures by 50% in 2024 to $100 billion in order “to build the infrastructure supporting artificial intelligence.

3 AI Stocks to Buy on Weakness in August

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The recent meltdown has made several AI bigwigs attractive. Five such stocks are: TSM, NVDA, SMCI, MU, SNOW.

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Micron's FMS 2024 presence highlights its AI product leadership in memory and storage from the data center to edge devices Micron's FMS 2024 presence highlights its AI product leadership in memory and storage from the data center to edge devices

Micron Develops Industry's First PCIe Gen6 Data Center SSD for Ecosystem Enablement

BOISE, Idaho, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (Nasdaq: MU) announced today that company executives will participate in fireside chats at the following investor events:

Micron Technology Announces Upcoming Investor Events

GitLab

ServiceNow

Artificial Intelligence (AI) is everywhere, transforming industries left and right. Indeed, as AI advances into new realms and revolutionizes industries, it's clear why placing bets on promising AI stocks could be a game-changer.

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Micron Technology (NASDAQ: MU ) specializes in manufacturing chips, flash memory and solid-state drives. Because they're distracted by international politics, sometimes people forget what Micron does and how innovative the company really is.

Micron Stock Dip: A Golden Opportunity to Buy MU Shares Now?

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It's hard for retail investors to get picks right. Most investors are limited to limited information that's already priced in.

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Chipmaker Micron Technology (MU) was not spared from the tech sector rotation. The shares hit a record high of $157.53 on June 18, but have since taken a 30% haircut.

Buy The Dip On This Freefalling Chip Stock

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NVCR, KGC, CVNA, KNSA and MU have been added to the Zacks Rank #1 (Strong Buy) List on August 1, 2024.

New Strong Buy Stocks for August 1st

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These S&P 500 stocks fell the most in July as the ‘Great Rotation' began

Broadcom

The market rotation out of AI winners (mostly chip stocks) has gotten extreme in recent days. This change in investor sentiment comes after a period of significant outperformance by these companies, including the best chip stocks like Nvidia (NASDAQ: NVDA ), AMD (NASDAQ: AMD ), Broadcom (NASDAQ: AVGO ) and Micron Technology (NASDAQ: MU ), particularly over the past 12 to 18 months.

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SK Hynix is the current leader in HBM memory for AI. But Micron is gaining fast.

Micron Rival's Comments on Artificial Intelligence (AI) Suggest a Monster Year Is Coming

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Get Your Money Out of These 3 Semiconductor Stocks by 2025

Having had a spectacular run since the start of 2023, shares of Micron Technology, Inc. NASDAQ: MU are experiencing their juiciest sell-off in quite a while. Since hitting an all-time high in June, after logging gains of more than 200% in the 18 months previously, they've sunk 30%.

Has Micron's Stock Drop Turned Into A Screaming Buy?

Industry-leading Micron 2650 NVMe SSD, based on ninth-generation NAND, begins volume shipment Industry-leading Micron 2650 NVMe SSD, based on ninth-generation NAND, begins volume shipment

Micron Announces Volume Production of Ninth-Generation NAND Flash Technology

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None of our picks is Nvidia or Apple or Tesla. Investors may wish to widen the aperture to find the best stocks for outsize earnings growth.

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As I'm sure everyone reading this is aware, artificial intelligence, or AI, has been quite a volatile sector in the recent past. All indicators suggest this will continue in the near to semi-long-term future.

What Are the Hottest AI Stocks Right Now? 3 Top Picks

Nvidia and Micron have both received a major boost thanks to the growing adoption of AI. Both companies are solid bets for investors looking to capitalize on the booming AI chip market.

News for Micron Technology Stock (MU)