Key facts, as of
As of October 6, 2026, Micron Technology (MU) trades at $1,045.56, up 447.5% over the past year. Its 52-week range runs from $179.61 to $1,255.00; the price is 16.7% below that high. It is 16.7% below its all-time high of $1,255.00, reached in June 2026. Over the 10 years to the end of September 2026, with dividends reinvested, it returned +6043.2%, against +312.9% for the S&P 500 (SPY). It sits 51.6% above its 200-day average of $689.87, the usual sign of a long-term uptrend. Its 30-day volatility is 45.9% annualized, which we rate high risk. It has a trailing P/E of 14.1 and a dividend yield of 0.06%.
Cite: Portfolio Terminal, "Micron Technology (MU) stock analysis", 2026-10-06. https://portfolio-terminal.com/analyse/mu
Where it trades today
trading 81% of the way up its 52-week range
How the price has moved
How far it is from its record
Micron Technology (MU) is 16.7% below its all-time high of $1,255.00, reached in June 2026. Over the 10 years to the end of September 2026, with dividends reinvested, it returned +6043.2%, against +312.9% for the S&P 500 (SPY).
What to weigh before acting
What Matters Now
- Execution usually depends on product cycles, cloud demand, and how efficiently new AI or software capex converts into durable revenue.
- MU trades at 14.1x earnings versus 28.5x for the sector, which means the rerating case depends on proving the discount is too harsh.
- Recent realized volatility is running around 45.9%, above the sector norm of 28.0%, so position sizing matters more than usual.
- Relative performance versus AAPL, MSFT, NVDA matters here because leadership inside technology rarely stays static for long.
Portfolio Use Case
- MU is more useful for investors comparing conviction names inside technology than for someone looking for a passive “set and forget” holding.
- This name works better as a satellite or higher-conviction growth position because it can amplify market swings in both directions.
- It is best monitored alongside valuation discipline, because strong narratives in technology can stay expensive longer than expected.
What Would Change the View
- Volatility is already above the sector norm, so even a correct long-term thesis can be painful if the position size is too aggressive.
- The view would need revisiting if peers such as AAPL, MSFT, NVDA start winning the marginal flow or posting cleaner operating momentum.
Methodology
- Price, market cap, beta, yield, and liquidity fields for MU come from Yahoo Finance quote and summary data.
- 30-day volatility is calculated from recent daily returns and annualized using a 252-trading-day convention.
- Sector context uses stored benchmark averages for Technology so each page compares the ticker against a stable peer baseline rather than against the whole market.
- Peer comparisons use the Portfolio Terminal coverage set and highlight nearby listed alternatives such as AAPL, MSFT, NVDA.
Sources
- Yahoo Finance quote dataopen →
Live quote, valuation, beta, yield, and volume fields used for MU. Last refresh: Oct 6, 2026, 11:07 PM.
- Portfolio Terminal methodologyopen →
Explains how analytics, refresh cadence, and portfolio interpretation work across the product.
- Peer set and coverage context
Comparative context for this page is anchored around nearby tracked names such as AAPL, MSFT, NVDA.
What Micron Technology does
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;…
What analysts expect
MU carries a strong buy consensus from 46 analysts, with an average price target of $1535.57 versus $1045.56 today (+46.9%). Targets are estimates and can move quickly after earnings.
Consensus aggregated by Yahoo Finance. Targets are estimates, not forecasts.
How the business is doing
MU generated $133.19B in trailing revenue (379.3% year over year), with a 63.8% net margin, and $29.21B of free cash flow, supported by $38.26B of net cash.
The numbers, year by year
| Fiscal year | Revenue | Gross profit | Operating income | Net income | EPS | Free cash flow |
|---|---|---|---|---|---|---|
| 2025 | $37.38B | $14.87B | $9.81B | $8.54B | $7.65 | $1.67B |
| 2024 | $25.11B | $5.61B | $1.30B | $778.00M | $0.70 | $121.00M |
| 2023 | $15.54B | -$1.42B | -$5.41B | -$5.83B | -$5.34 | -$6.12B |
| 2022 | $30.76B | $13.90B | $9.71B | $8.69B | $7.81 | $3.11B |
When it reports next
Estimates aggregated by Yahoo Finance. Dates move and estimates change until the report lands.
Which ETFs hold it
MU is in 12 of the 30 ETFs we track. It weighs most in SOXX: 8.08% of the fund, holding #3 of 30. It is VTV's largest holding.
Famous investors who hold it
MU is in the latest 13F of 4 of the 15 famous investors we follow. David Tepper (Appaloosa) holds the most of it: 14.6% of the portfolio, position #2 of 27, as of Q2 2026.
How it sits in technology
High-growth sector driven by innovation, cloud computing, AI, and digital transformation.
The companies it competes with
MU beside the technology names it is usually measured against.
What the chart is saying
In an uptrend, pressing toward $1,099 resistance.
uptrend- Price is 8.7% above its 50-day average and 51.6% above its 200-day.
- RSI at 54 is neither stretched nor washed out.
- The nearest ceiling is $1,099 (+5.1%), the nearest floor $1,001 (-4.2%).
A description of the chart, not advice. Indicators describe what the price has done; none of them knows what it does next.
Questions people ask about it
Is MU a good investment in 2026?
Micron Technology trades at a P/E ratio of 14.1, with high volatility (45.9% annualized). The stock is in a consolidation phase.
What is the risk level of MU?
Based on 30-day volatility of 45.9%, MU has HIGH risk. Beta of 2.23 indicates higher sensitivity to market movements than average.
Does MU pay dividends?
Yes, Micron Technology has a dividend yield of 0.06%.
How far is MU from its all-time high?
Micron Technology is 16.7% below its all-time high of $1,255.00, reached in June 2026. Over the 10 years to the end of September 2026, with dividends reinvested, it returned +6043.2%, against +312.9% for the S&P 500 (SPY).
Which ETFs hold MU?
12 of the 30 popular ETFs we track hold Micron Technology. The largest weights: SOXX (8.08%), QQQM (5.17%), QQQ (5.09%), SMH (5.05%) and XLK (4.55%). Measured on each issuer's full holdings file, dated August 31 to October 1, 2026.
How much of VOO is MU?
1.63%, as of August 31, 2026: MU is holding #9 of 505 in Vanguard's file for VOO. $1,000 in VOO puts about $16.34 in Micron Technology.
Which famous investors own MU?
David Tepper (14.6% of Appaloosa's 13F), Ray Dalio (0.55% of Bridgewater Associates's 13F), Renaissance Technologies (0.34% of Founded by Jim Simons's 13F) and George Soros (0.32% of Soros Fund Management's 13F), according to their latest Form 13F filings with the SEC (Q2 2026). A 13F lists US long positions 45 days after the quarter ends, so it can be out of date.
What is the analyst price target for MU?
The average analyst price target for Micron Technology (MU) is $1535.57 based on 46 analyst estimates, about 46.9% above the current price of $1045.56. The published range runs from $361.00 to $2200.00.
How much revenue does MU generate?
Micron Technology reported $133.19B in trailing twelve-month revenue. Revenue growth is running at 379.3% year over year. Net margin sits at 63.8%. Figures are aggregated from company filings by Yahoo Finance and refresh on an hourly cadence.
Compare MU with anything
Five years side by side: what $10,000 became, how far each fell, whether they move together.