The Technical Analyst
Micron Technology Inc [MU]
Exchange: NASDAQ Sector: Technology Industry: Semiconductors
Micron Technology Inc Price, Forecast, Insider, Ratings, Fundamentals & Signals
Current Signal: BUY (auto-tracking)
-0.60% $111.78
America/New_York / 24 apr 2024 @ 16:00
| FUNDAMENTALS | |
|---|---|
| MarketCap: | 123 782 mill |
| EPS: | -3.44 |
| P/E: | -32.49 |
| Earnings Date: | Jun 26, 2024 |
| SharesOutstanding: | 1 107.37 mill |
| Avg Daily Volume: | 22.20 mill |
| RATING 2024-04-24 |
|---|
| B+ |
| Neutral |
| RATINGS | ||
|---|---|---|
| Rating CashFlow: | Strong Sell | |
| Return On Equity: | Neutral | |
| Return On Asset: | Buy | |
| DE: | Buy | |
| P/E: | Buy | |
| Price To Book: | Neutral |
| QUARTER GROWTHS | ||||||
|---|---|---|---|---|---|---|
| 4/22 | 1/23 | 2/23 | 3/23 | 4/23 | 1/24 | |
| Revenue | ||||||
| Gr.Profit | ||||||
| Ebit | ||||||
| Asset | ||||||
| Debt |
| PE RATIO: COMPANY / SECTOR |
|---|
| 0.00x |
| Company: PE -32.49 | sector: PE -1.697 |
| PE RATIO: COMPANY / INDUSTRY |
|---|
| -0.64x |
| Company: PE -32.49 | industry: PE 50.51 |
| DISCOUNTED CASH FLOW VALUE |
|---|
|
$-6.49 (-105.81%) $-118.27 |
| Date: 2024-04-25 |
| Expected Trading Range (DAY) |
|---|
|
$ 106.74 - 116.82 ( +/- 4.51%) |
| ATR Model: 14 days |
Insider Trading
| Date | Person | Action | Amount | type |
|---|---|---|---|---|
| 2024-04-19 | Allen Scott R. | Buy | 269 | Common Stock |
| 2024-04-19 | Allen Scott R. | Sell | 137 | Common Stock |
| 2024-04-19 | Allen Scott R. | Sell | 269 | Restricted Stock Units |
| 2024-04-18 | Murphy Mark J. | Sell | 13 316 | Common Stock |
| 2024-04-16 | Mehrotra Sanjay | Buy | 7 000 | Common Stock |
| INSIDER POWER |
|---|
| -22.58 |
| Last 98 transactions |
| Buy: 502 474 | Sell: 777 934 |
Forecast:
16:00 - $111.68
Live Trading Signals (every 1 min)
Forecast
1: 16:00 - $111.68
Forecast 2: 16:00 - $111.68
Forecast 3: 16:00 - $111.68
SCORE
10.00
Buy
10.00
Buy
Score Algorithm Version: 1.2C
Last version updated: Fri April 15th, 2022
Last version updated: Fri April 15th, 2022
| Indicator Signals | |
|---|---|
| RSI 21 | |
| SMA | |
| Trend | |
| Trend 2 | |
| Trend 3 | |
| MACD |
| Volume Signals | |
|---|---|
| Price | $111.78 (-0.60% ) |
| Volume | 20.40 mill |
| Avg. Vol. | 22.20 mill |
| % of Avg. Vol | 91.87 % |
| Signal 1: | |
| Signal 2: |
Today
Last 12 Months
RSI
Last 10 Buy & Sell Signals For MU
0 Signals | Accuracy: 0.00% | Accuracy Buy: 0.00% | Accuracy Sell: 0.00%
Avg return buy: 0.00 % | Avg return sell: 0.00 %
$1 invested is now $1.00 or 0.00% since Coming Soon
| Date | Signal | @ | Closed | % | Feb 8 - 15:35 | sell | $85.16 | N/A | Active |
|---|
MU
Micron Technology, Inc. designs, manufactures, and sells memory and storage products worldwide. The company operates through four segments: Compute and Networking Business Unit, Mobile Business Unit, Storage Business Unit, and Embedded Business Unit. It provides memory and storage technologies comprises DRAM products, which are dynamic random access memory semiconductor devices with low latency that provide high-speed data retrieval; NAND products that are non-volatile and re-writeable semiconductor storage devices; and NOR memory products, which are 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 memory products for the cloud server, enterprise, client, graphics, and networking markets, as well as for smartphone and other mobile-device markets; SSDs and component-level solutions for the enterprise and cloud, client, and consumer storage markets; other discrete storage products in component and wafers; and memory and storage products for the automotive, industrial, and consumer 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.
Last 10 Buy Signals
Latest Press Releases
2024-04-25 05:10:00 - Press Release
Micron, Biden-harris Administration, U.s. Senate Majority Leader Schumer Announce $6.1b In Chips And Science Act Funding For Historic Planned Investment In Domestic Leading-edge Memory Manufacturing In Idaho And New York
Grants support micron's plans to invest approximately $50 billion in gross capex through 2030 memory fabs in idaho and new york to strengthen u.s. economic and national security, expected to create approximately 75,000 direct and indirect jobs across the u.s. semiconductor supply chain boise, idaho, april 25, 2024 (globe newswire) -- micron technology, inc. (nasdaq: mu), one of the world's largest semiconductor companies and the only u.s.-based manufacturer of memory, and the biden-harris administration today announced that they have signed a non-binding preliminary memorandum of terms (pmt) for $6.1 billion in funding under the chips and science act to support planned leading-edge memory manufacturing in idaho and new york...
2024-04-16 18:43:00 - Press Release
Silvaco Announces Expanded Partnership With Micron Technology
Santa clara, calif.--(business wire)--silvaco group, inc. (“silvaco”), a provider of tcad, eda software, and sip solutions that enable semiconductor design and ai through software and innovation, today announced an enhanced partnership with micron technology, inc. (nasdaq: mu) (“micron”), which includes: expanding the scope and extending the term of our software license and support services. securing a $5.0 million investment from micron in the form of a senior subordinated convertible promisso.
2024-04-16 09:02:00 - Press Release
Micron First To Production Of 200+ Layer Qlc Nand In Client And Data Center
Boise, idaho, april 16, 2024 (globe newswire) -- micron technology, inc. (nasdaq: mu), today demonstrated its continued nand technology leadership by announcing that its 232-layer qlc nand is now in mass production and shipping in select crucial® ssds, in volume production to enterprise storage customers and sampling to oem pc manufacturers in the micron 2500 nmvetm ssd. micron 232-layer qlc nand delivers unparalleled performance for use cases across mobile, client, edge and data center storage by leveraging these important capabilities: industry-leading bit-density, up to 28% more compact than leading competitors'1 latest products industry-leading nand i/o speeds of 2400 mt/s,1 a 50% improvement over the prior generation2 24% better read performance over the prior generation2 31% better programming performance over the prior generation2 “micron's 232-layer qlc nand is a key enabler of our high-capacity directflash® module,” said bill cerreta, general manager of hyperscale at pure storage ®.
2024-04-10 02:00:00 - Press Release
Micron's Full Suite Of Automotive-grade Solutions Qualified For Qualcomm Automotive Platforms To Power Ai In Vehicles
Micron's automotive memory and storage enable central compute, digital cockpit and advanced driver-assistance systems for qualcomm customers micron's automotive memory and storage enable central compute, digital cockpit and advanced driver-assistance systems for qualcomm customers
2024-04-09 02:00:00 - Press Release
Micron Debuts World's First Quad-port Ssd To Accelerate Data-rich Autonomous And Ai-enabled Vehicle Workloads
Micron's virtualized, multiport 4150at ssd enables a new model of centralized decision-making for increasingly complex, software-defined vehicles micron's virtualized, multiport 4150at ssd enables a new model of centralized decision-making for increasingly complex, software-defined vehicles
Latest News
2024-04-25 07:50:41 - TechXplore
US to give Micron $6.1 bn for American chip factories
Micron is set to receive up to $6.1 billion in grants from the US government to help build its semiconductor plants in New York and Idaho, the White House said Thursday.
2024-04-25 05:06:45 - Reuters
Biden to announce preliminary deal with Micron for up to $6.14 bln in chip grants
U.S. President Joe Biden will travel to Syracuse, New York, on Thursday to announce a preliminary agreement with memory chip maker Micron Technology for up to $6.14 billion in subsidies for two chip factories, the White House said.
2024-04-25 05:00:00 - Forbes
Micron's $6.14 Billion CHIPS Grant Will Support A Commodity Product
Micron Technology received a $6.14 billion CHIPS Act grant on Thursday, but unlike recent grant recipients Intel Intel , TSMC, and Samsung, it is in a commodity business. Like many other commodity businesses, production of memory chips largely moved to Asia decades ago.
2024-04-24 07:19:21 - MarketBeat
3 Technologies to Challenge NAND Flash Dominance in AI
Artificial intelligence (AI) applications and platforms are growing like weeds. The arms race for AI superiority continues to be waged between the chip makers trying to chip away at Nvidia Co. NASDAQ: NVDA dominance in the GPU segment to Micron Technology Inc. NASDAQ: MU NAND flash memory dominance in memory chips for data storage.
2024-04-23 13:35:26 - The Motley Fool
Why BigBear.ai, Super Micro Computer, Arm Holdings, and Other Artificial Intelligence (AI) Stocks Surged on Tuesday
The adoption of AI continues, but AI stocks have been volatile. Nvidia announced a key strategic partnership that could boost its fortunes and benefit several of its collaborators.
2024-04-22 09:31:10 - Zacks Investment Research
Top 5 U.S. Giants at Lucrative Valuations Amid April Turmoil
We have narrowed our search to five U.S. bigwigs (market capital > $70 billion) with attractive valuations. These are: NVDA, MU, BDX, ANET, EQIX.
2024-04-20 14:37:53 - InvestorPlace
Time to Cash Out? 3 Overvalued Tech Stocks to Dump Before the Selloff
Cracks are starting to form in the tech trade. After leading the market higher over the last 18 months, technology stocks are starting to waver.
2024-04-19 19:00:37 - The Motley Fool
Why Semiconductor Stocks Were Smacked Down Today
One top name in the industry warned that a particular segment wouldn't see much growth. An up-and-coming manufacturer also caused disquiet with an apparent change in releasing quarterly results.
2024-04-19 13:49:05 - CNBC Television
Final Trades: Micron, P&G and Uber
2024-04-19 12:30:26 - Zacks Investment Research
Micron (MU) Up 1.9% Since Last Earnings Report: Can It Continue?
