Micron Technology (MU) is trading down at $914.13 (-4.08%) on NASDAQ, as of the latest quote. It is a S&P 500 constituent in the Information Technology sector.
Analyst price targets on MU
Current price targets from 10 firms average $1.66k, median $1.53k, ranging from $1.2k to $3k — the average is 82% above the current $914. Each is tracked to its date and scored the same way a member's call is.
- DA Davidson $1.04k → $3k by Oct 2027 Oct 8, 2026 via FXLeaders · DA Davidson's track record
- Rosenblatt Securities $1.07k → $1.9k by Oct 2027 Oct 2, 2026 via Yahoo Finance · Rosenblatt Securities's track record
- DA Davidson $1.07k → $2.1k by Oct 2027 Oct 2, 2026 via Yahoo Finance · DA Davidson's track record
- CLSA $1.07k → $1.7k by Oct 2027 Oct 2, 2026 via Investing.com · CLSA's track record
- Citi $1.1k → $1.3k by Oct 2027 Oct 1, 2026 via Investing.com · Citi's track record
- Morgan Stanley $1.1k → $1.2k by Oct 2027 Oct 1, 2026 via Investing.com · Morgan Stanley's track record
- Mizuho $1.1k → $1.4k by Oct 2027 Oct 1, 2026 via Investing.com · Mizuho's track record
- JPMorgan $1.07k → $1.54k by Sep 2027 Sep 30, 2026 via thestreet.com · JPMorgan's track record
- Baird $1.05k → $1.52k by Sep 2027 Sep 28, 2026 via Investing.com · Baird's track record
- Stifel $1.04k → $1.5k by Sep 2027 Sep 21, 2026 via Investing.com · Stifel's track record
- Bank of America $941 → $1.55k by Aug 2027 Aug 18, 2026 via Yahoo Finance · Bank of America's track record
Targets published by research firms, extracted from the news, checked against independent reporting, and linked to their source. Where a firm did not state a horizon the target is tracked as 12 months, the industry convention; the rows where the firm set its own horizon are marked. Reported here as facts about what was published — not recommendations from Dalsna Finance, and no firm listed is affiliated with this site.
Micron Technology revenue & net income history (FY2017–FY2026)
| FY2017Aug 2017 | FY2018Aug 2018 | FY2019Aug 2019 | FY2020Sep 2020 | FY2021Sep 2021 | FY2022Sep 2022 | FY2023Aug 2023 | FY2024Aug 2024 | FY2025Aug 2025 | FY2026Sep 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | $20.3B | $30.4B | $23.4B | $21.4B | $27.7B | $30.8B | $15.5B | $25.1B | $37.4B | $133.2B |
| Growth (year over year) | +63.9% | +49.5% | −23.0% | −8.4% | +29.3% | +11.0% | −49.5% | +61.6% | +48.9% | +256.3% |
| Gross profit | $8.44B | $17.9B | $10.7B | $6.55B | $10.4B | $13.9B | −$1.42B | $5.61B | $14.9B | $107.5B |
| Gross margin | 41.5% | 58.9% | 45.7% | 30.6% | 37.6% | 45.2% | −9.1% | 22.4% | 39.8% | 80.7% |
| Operating income | $5.87B | $15.0B | $7.38B | $3.00B | $6.28B | $9.70B | −$5.75B | $1.30B | $9.77B | $99.3B |
| Operating margin | 28.9% | 49.3% | 31.5% | 14.0% | 22.7% | 31.5% | −37.0% | 5.2% | 26.1% | 74.6% |
| Net income | $5.09B | $14.1B | $6.31B | $2.69B | $5.86B | $8.69B | −$5.83B | $778.0M | $8.54B | $85.0B |
| Net margin | 25.0% | 46.5% | 27.0% | 12.5% | 21.2% | 28.2% | −37.5% | 3.1% | 22.8% | 63.8% |
| EPS (diluted) | $4.41 | $11.51 | $5.51 | $2.37 | $5.14 | $7.75 | −$5.34 | $0.70 | $7.59 | $74.33 |
| Balance sheet | ||||||||||
| Cash and equivalents | $5.11B | $6.51B | $7.15B | $7.62B | $7.76B | $8.26B | $8.58B | $7.04B | $9.64B | $38.4B |
| Total assets | $35.3B | $43.4B | $48.9B | $53.7B | $58.8B | $66.3B | $64.3B | $69.4B | $82.8B | $195.9B |
| Total liabilities | $15.8B | $10.1B | $12.0B | $14.7B | $14.9B | $16.4B | $20.1B | $24.3B | $28.6B | $57.5B |
| Long-term debt | $9.87B | $3.78B | $4.54B | $6.37B | $6.62B | $6.80B | $13.1B | $13.0B | $14.0B | $4.69B |
| Shareholders' equity | $18.6B | $32.3B | $35.9B | $39.0B | $43.9B | $49.9B | $44.1B | $45.1B | $54.2B | $138.4B |
| Cash flow | ||||||||||
| Operating cash flow | $8.15B | $17.4B | $13.2B | $8.31B | $12.5B | $15.2B | $1.56B | $8.51B | $17.5B | $89.7B |
| Capital expenditure | $4.73B | $8.88B | $9.78B | $8.22B | $10.0B | $12.1B | $7.68B | $8.39B | $15.9B | $30.7B |
| Free cash flow | $3.42B | $8.52B | $3.41B | $83.0M | $2.44B | $3.11B | −$6.12B | $121.0M | $1.67B | $59.0B |
| Dividends paid | — | — | — | $0 | $0 | $461.0M | $504.0M | $513.0M | $522.0M | $610.0M |
| Share buybacks | $36.0M | $71.0M | $2.73B | $176.0M | $1.20B | $2.43B | $425.0M | $300.0M | $0 | $650.0M |
| Q1 FY25Nov 2024 | Q2 FY25Feb 2025 | Q3 FY25May 2025 | Q4 FY25†Aug 2025 | Q1 FY26Nov 2025 | Q2 FY26Feb 2026 | Q3 FY26May 2026 | Q4 FY26†Sep 2026 | |
|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||
| Revenue | $8.71B | $8.05B | $9.30B | $11.3B | $13.6B | $23.9B | $41.5B | $54.2B |
| Growth (year over year) | +84.3% | +38.3% | +36.6% | +46.0% | +56.7% | +196.3% | +345.7% | +379.3% |
| Gross profit | $3.35B | $2.96B | $3.51B | $5.05B | $7.65B | $17.8B | $35.1B | $47.0B |
| Gross margin | 38.4% | 36.8% | 37.7% | 44.7% | 56.0% | 74.4% | 84.6% | 86.8% |
| Operating income | $2.17B | $1.77B | $2.17B | $3.65B | $6.14B | $16.1B | $33.3B | $43.8B |
| Operating margin | 25.0% | 22.0% | 23.3% | 32.3% | 45.0% | 67.6% | 80.4% | 80.7% |
| Net income | $1.87B | $1.58B | $1.89B | $3.20B | $5.24B | $13.8B | $28.2B | $37.7B |
| Net margin | 21.5% | 19.7% | 20.3% | 28.3% | 38.4% | 57.8% | 68.1% | 69.5% |
| EPS (diluted) | $1.67 | $1.41 | $1.68 | $2.83 | $4.60 | $12.07 | $24.67 | $32.99 |
| Balance sheet | ||||||||
| Cash and equivalents | $6.69B | $7.55B | $10.2B | $9.64B | $9.73B | $13.9B | $25.0B | $38.4B |
| Total assets | $71.5B | $73.1B | $78.4B | $82.8B | $86.0B | $101.5B | $134.1B | $195.9B |
| Total liabilities | $24.7B | $24.4B | $27.6B | $28.6B | $27.2B | $29.1B | $33.4B | $57.5B |
| Long-term debt | $13.3B | $13.9B | $15.0B | $14.0B | $11.2B | $9.56B | $5.14B | $4.69B |
| Shareholders' equity | $46.8B | $48.6B | $50.7B | $54.2B | $58.8B | $72.5B | $100.7B | $138.4B |
| Cash flow | ||||||||
| Operating cash flow | $3.24B | $3.94B | $4.61B | $5.73B | $8.41B | $11.9B | $25.4B | $44.0B |
| Capital expenditure | $3.21B | $4.05B | $2.94B | $5.66B | $5.39B | $6.39B | $7.83B | $11.1B |
| Free cash flow | $38.0M | −$113.0M | $1.67B | $72.0M | $3.02B | $5.52B | $17.6B | $32.9B |
| Dividends paid | $131.0M | $130.0M | $131.0M | $130.0M | $134.0M | $132.0M | $171.0M | $173.0M |
| Share buybacks | $0 | $0 | $0 | $0 | $300.0M | $350.0M | $0 | $0 |
From Micron Technology's 10-K and 10-Q filings with the SEC; its fiscal year ends in September. Each period shows the latest figure the company has reported for it, including restatements. Net margin is our own calculation from those reported figures (net income ÷ revenue); it is left blank where revenue is zero or missing. † Quarter derived from the company's year-to-date or full-year totals. Filings on SEC EDGAR →
About Micron Technology
Micron Technology, Inc. is an American multinational semiconductor company that manufactures computer memory and computer data storage products, including dynamic random-access memory (DRAM), flash memory, High Bandwidth Memory (HBM), and solid-state drives (SSDs). Founded in 1978 in Boise, Idaho, Micron is the only major American computer memory manufacturer. It is one of the "Big Three" computer memory manufacturers, along with the South Korean companies Samsung Electronics and SK Hynix.
Source: Wikipedia — Micron Technology
- Headquarters
- Boise, Idaho From SEC filings, Oct 2026
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