Added to YB: 2026-06-29
Pitch date: 2026-06-24
MU [neutral]
Micron Technology, Inc.
Author Info
Company Info
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.
Market Cap
$1.3T
Pitch Price
N/A
Price Target
N/A
Dividend
0.05%
EV/EBITDA
18.35
P/E
25.55
EV/Sales
13.90
Sector
Semiconductors and Semiconductor Equipment
Category
growth
Micron (MU) Q3 2026 Earnings Review
MU (earnings): FQ3 rev $41.5B (+346% YoY), record GM 84.9%, EPS $25.11 vs $20.5 est. FQ4 guide $50B rev, ~86% GM, $31 EPS ~20% above Street. 16 take-or-pay SCAs put floor under cycle—floor margins exceed prior peaks. $24.4B net cash, BBB+. ~9.6x run-rate. Catalysts: Dec 9 CHIPS expiry flips capital return to 100% excess cash; risk: July 10 SK Hynix ADR listing pressures multiple.
Read full article (12 min)