The Technical Analyst
Micron Technology Inc [MU]
Exchange: NASDAQ Sector: Technology Industry: Semiconductors
Micron Technology Inc Price, Forecast, Insider, Ratings, Fundamentals & Signals
Current Signal: SELL (auto-tracking)
-4.61% $106.77
America/New_York / 19 apr 2024 @ 16:00
| FUNDAMENTALS | |
|---|---|
| MarketCap: | 118 234 mill |
| EPS: | -3.44 |
| P/E: | -31.04 |
| Earnings Date: | Jun 26, 2024 |
| SharesOutstanding: | 1 107.37 mill |
| Avg Daily Volume: | 22.06 mill |
| RATING 2024-04-19 |
|---|
| 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 -31.04 | sector: PE -1.697 |
| PE RATIO: COMPANY / INDUSTRY |
|---|
| -0.61x |
| Company: PE -31.04 | industry: PE 50.51 |
| DISCOUNTED CASH FLOW VALUE |
|---|
|
$-6.49 (-106.08%) $-113.26 |
| Date: 2024-04-20 |
| Expected Trading Range (DAY) |
|---|
|
$ 101.92 - 111.62 ( +/- 4.54%) |
| ATR Model: 14 days |
Insider Trading
| Date | Person | Action | Amount | type |
|---|---|---|---|---|
| 2024-04-16 | Mehrotra Sanjay | Buy | 7 000 | Common Stock |
| 2024-04-16 | Mehrotra Sanjay | Sell | 1 568 | Common Stock |
| 2024-04-16 | Mehrotra Sanjay | Sell | 2 754 | Common Stock |
| 2024-04-15 | Mehrotra Sanjay | Sell | 9 508 | Common Stock |
| 2024-04-16 | Mehrotra Sanjay | Sell | 2 678 | Common Stock |
| INSIDER POWER |
|---|
| -22.41 |
| Last 98 transactions |
| Buy: 502 205 | Sell: 776 541 |
Forecast:
16:00 - $106.86
Live Trading Signals (every 1 min)
Forecast
1: 16:00 - $106.86
Forecast 2: 16:00 - $106.86
Forecast 3: 16:00 - $106.86
SCORE
-10.00
Sell
-10.00
Sell
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 | $106.77 (-4.61% ) |
| Volume | 33.54 mill |
| Avg. Vol. | 22.06 mill |
| % of Avg. Vol | 152.02 % |
| 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.
Latest Press Releases
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
2024-04-03 08:30:00 - Press Release
Micron Provides Update Following Earthquake In Taiwan
Boise, idaho, april 03, 2024 (globe newswire) -- micron technology, inc. (nasdaq: mu) today reported that following the earthquake that struck taiwan on april 3, 2024, all of micron's team members have been accounted for and reported to be safe. our thoughts are with those affected and their families. we are evaluating impact to our operations and supply chain. we will communicate changes to delivery commitments to our customers after this evaluation is completed.
Latest News
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?
2024-04-19 11:24:12 - Seeking Alpha
Why Micron Technology Is A Solid Investment For The Future Of Data Centers And AI
Micron Technology beat analysts' revenue and earnings expectations the last time it reported earnings. The company is a beneficiary of the proliferation of Artificial Intelligence, which should drive multi-year growth. Its opportunities in the data center, PC, and smartphone markets position it for potential outperformance in the coming years.
2024-04-19 07:43:00 - Barrons
Alphabet, Palantir, AMD, Micron, and Other Tech Stocks in Focus Today
2024-04-19 05:57:00 - The Motley Fool
Forget Nvidia: 2 Super Semiconductor Stocks to Buy Hand Over Fist, According to Wall Street
Nvidia has captured investors' attention with its soaring stock price and advanced AI chips. The AI industry is rapidly evolving, creating exciting opportunities for other chip companies, too.
2024-04-19 04:10:00 - The Motley Fool
2 Top Artificial Intelligence (AI) Stocks to Buy in April
Favorable developments in the memory market could help Micron Technology deliver stronger revenue and earnings growth. Oracle can tap a multibillion-dollar opportunity in the AI cloud space.
2024-04-18 13:59:55 - NYTimes
Micron Will Receive $6.1 Billion to Build Semiconductor Plants
The grant to the memory chipmaker is the latest federal award aimed at boosting U.S. chip manufacturing.
2024-04-18 13:02:40 - Schwab Network
TSM Earnings Beat & Micron Gets $6.1B in Chips Act Fund
2024-04-18 11:53:57 - InvestorPlace
7 Must-Have AI Stocks, Fed Rate Cuts or No Fed Rate Cuts
Markets have remained strong in 2024 primarily because of two factors: the emergence of AI stocks and expectations of multiple Fed rate cuts this year. However, inflation remains high while other economic signals indicate a strong economy overall.