Micron Technology (MU) fundamentals: P/E, valuation, undervalued?
Micron Technology · Information Technology · ref. ETF XLK · price $953.19
In short — Micron Technology trades at 12.8× earnings (P/E), 4.6× forward, with a net margin of 63.8 % and revenue growth of +379 %. Read: Cheap for the growth (P/E 5 for ~1060% growth (PEG 0.0)).
Is Micron Technology stock cheap or undervalued? A good time to buy? Here are its fundamentals — P/E, PEG, margin and income statement — to judge its valuation.
📈 1-year price
$953.19+409.6% over range
Oct 14, 25low $187.06 · high $1213.56Oct 13, 26
📏 Click 2 points (left → right) to measure the change · click again to clear.
SellBuy
Buy
96% recommend buying · 24 analysts
Valuation : Cheap for the growth — P/E 5 for ~1060% growth (PEG 0.0)
Valuation
12.8
P/E (price/earnings)
4.6
Forward P/E
—
PEG
7.8
Price/book (P/B)
$1.08T
Market cap
74.33
EPS
Profitability & growth
63.8 %
Net margin
+379 %
Revenue growth
+1060 %
Earnings growth
$5.2B
Total debt
Micron Technology income statement
| Fiscal year | Revenue | Net income | Margin |
|---|---|---|---|
| 2023 | $15.5B | $-5.8B | -37.5 % |
| 2024 | $25.1B | $778M | 3.1 % |
| 2025 | $37.4B | $8.5B | 22.8 % |
| 2026 | $133.2B | $85.0B | 63.8 % |
⚠️ Indicative financial data (Yahoo Finance), not investment advice. Amounts in $.
Frequently asked questions
What is Micron Technology's P/E and is the stock undervalued? What's a good P/E?
Micron Technology's P/E is 12.8 (forward 4.6). Below ~15 = fairly cheap, above ~30 = expensive. Our valuation verdict: "Cheap for the growth".
Is Micron Technology profitable?
Micron Technology has a net margin of 63.8 % (EPS 74.33). The company is profitable.
Is MU stock expensive?
Our read: "Cheap for the growth" — P/E 5 for ~1060% growth (PEG 0.0). Cross-check with growth and sector.
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