NASDAQ:MU
Micron Technology (MU)
940.76
-70.99 (7.02%)
as of Aug 18, 2026, 8:00:00 pm Market Open.
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Financials 
Technical Analysis 0
Investor Insights
Aug 18, 2026, 12:00 amThis summary was created by AI, based on 68 opinions in the last 12 months.
Micron Technology (MU) has experienced significant volatility and substantial growth in its stock price this year, with several experts noting a 254% increase thus far. The outlook for the semiconductor sector, particularly in AI memory demands fueled by data centers, remains positive, with experts highlighting the company's strong earnings potential and long-term agreements with clients that bolster margins. However, there are concerns about the memory cycle's sustainability and a potential correction due to the stock's rapid ascent. Experts agree that while MU maintains a strong position in its market, caution is advised due to historical cyclicality and competitive pressures. The consensus points to a burgeoning demand for memory but notes that new investments should be approached with care, especially given the high volatility in the memory industry.
Consensus
Mixed
Valuation
Overvalued
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BUY
Options trading Likes it because this stock keeps exploding higher, and yet he still sees upside given its cheap PE. He already owns the stock, but December 95 calls were busy, which triggered him jumping into the options.
Pete NajarianOwned
computer softwareprocessing
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Premium contentTOP PICK
Premium contentTOP PICK
Stockchase Research Editor: Michael O'Reilly We once again reiterate MU as a TOP PICK. The memory and storage technology company trades at 17x earnings compared to peers at 77x. With good earnings growth prospects it trades with a PEG ratio under 1.0 and is presently valued at just over 2x book value. It pays a small dividend, backed by a payout ratio under 10% of cash flow. We like that it is buying back shares and paying down debt. We recommend trailing up the stop to $70, looking to achieve $103 -- upside potential over 19%. Yield 0.47% (Analysts’ price target is $102.93)
computer softwareprocessing
TOP PICK
Manufacturers in the semi ecosystem. They do it all in designing and manufacturing. 2/3 of their business is in DRAM. Great performance. Price target of $97. Buy in thirds at $85, 80, and around 75 if you're lucky. Yield is 0.46%. (Analysts’ price target is $93.63)
Kim BoltonOwned
computer softwareprocessing
COMMENT
He spoke to the CEO today. Every analyst feels that MU is shot. He disagrees. He sees 3 points down, then it will shoot up. They make not only D-RAM, but also Flash chips, though both are declining in price which will compress profits and by extension the stock. But the bearish argument doesn't make sense to him.
computer softwareprocessing
COMMENT
It delivered okay numbers last night: better sales and earnings than expected, but it saw softer demand in PCs. Its current quarter forecast disappoints the street due to customers facing shortages of other parts. Gross margin guidance didn't indicate much erosion. Shares tumbled after the report but partially recovered after the CEO addressed shareholders.
computer softwareprocessing
COMMENT
It reports tomorrow. It might report in-line, but then lowers its forecast. It's possible now during the semis shortage, because Micron makes a specific kind of chip--DRAMs and Flash, which are low margin but abundant in the U.S. So, their earnings are a problem. Any upside surprise can send the semis group higher, because they are bunched together in ETFs.
computer softwareprocessing
Premium contentTOP PICK
Stockchase Research Editor: Michael O'Reilly We reiterate our TOP PICK with MU, the memory and storage technology company. It trades at 21x earnings compared to peers at 37x. With good earnings growth prospects it trades with a PEG ratio under 1.0 and is presently valued at just over 2x book value. It recently initiated a small dividend that is expected to less than 50% of cash flow. We would buy this with a stop loss at $63, looking to achieve $115 -- upside potential over 55%. Yield 0.54% (Analysts’ price target is $115.12)
computer softwareprocessing
DON'T BUY
A global leader in memory chips. Customers include data centres, PCs, graphics and autos. As we know, there's a supply shortage in semis especially for cars. Note: this is one of many cyclical swings in this industry over a 30-year period, so this shortage isn't a surprise. This sector demands flexibility and innovation to adjust to rapid changes in new products using semis with short life cycles. MU is guiding high-single-digit volumes for the next quarter. The stock peaked in April at $95 and is now at $77. It isn't on his radar now. It's not for the feint of heart, though the street really likes it.
computer softwareprocessing
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