companies / NASDAQ
Micron Technology
HBM4 third source; smaller share but qualified.
近 30 天股價
最新估值
## Notes (v3 — market-EPS-anchored) This row supersedes v1 (stale $92.50 ref) and v2 (TTM-EPS-anchored). Both archived in same transaction. ### Headline - Implied: **USD 869.71 / 1,007.63 / 1,134.61** (low / mid / high) - Reference: USD **731** → mid upside **+37.8%** - Peer median Fwd P/E CY26E: **8.75x** (recomputed with fresh peer prices) - MU CY26E EPS anchor: **$100 (market-implied = spot ÷ Fwd P/E 7.30x)** ### EPS reconciliation (the critical fix vs v2) | Source | Low | Mid | High | |---|---|---|---| | Market-implied (spot ÷ Fwd P/E) — **CHOSEN** | $97.50 | **$100.00** | $102.20 | | Top-down rev × margin (your model) | $18.50 | $26.20 | $38.00 | | Divergence | — | **−74%** | — | Top-down build diverged from Street by >20% → triggered the v3 rule that anchors to market-implied EPS. Top-down kept as bear-case sensitivity only. ### Interpretive note At peer median P/E ~10x and Street consensus EPS ~$100, MU implied fair value is **~$1,000 — meaningfully above $731 spot**. MU is trading at a DISCOUNT to memory peer multiples on consensus forward EPS. Likely reflects: - (a) market skepticism on whether HBM upcycle EPS is sustainable into FY27+ - (b) cyclical memory caution The HBM TAM cross-check in the xlsx flags that the supply-chain anchor build alone (~$2bn MU HBM rev) is only ~1% of the revenue base implied by $100 EPS — the gap is the legitimate analytical question the wide TTM P/E spread (19x–33x) is signaling. ### Caveats - 4 of 6 peer prices (Kioxia, WDC, SNDK, Nanya) are stale Q1 2026 — refreshing would tighten the band. - "Market-implied EPS" is itself a derived number from a derived number (consensus Fwd P/E aggregates analyst inputs). If Street consensus is wrong, the v3 anchor is wrong. - v3 deliberately does NOT use the model's own top-down EPS — we are trading independence for accuracy vs market. Both v2 (independent / wrong direction) and v3 (calibrated to Street / right direction) are valid views.
看歷史估值 →在 BOM 上的位置
- secondaryHBM4 stack· 99%
- secondaryHBM4 stack· 99%
- secondaryHBM4 stack (16-Hi)· 99%
- secondaryHBM4 stack· 99%
- secondaryHBM4 stack· 99%
- secondaryHBM3e stacks· 99%
- secondaryHBM3e stacks (12-high)· 99%
- secondaryHBM3e stacks· 99%
財報 highlight
| 期別 | Revenue (USD) | EPS | 毛利率 | YoY | Source |
|---|---|---|---|---|---|
| 2026Q1 | $23.86B | — | 58.4% | +196.30% | yahoo-finance2 |
| 2025Q4 | $13.64B | — | — | — | yahoo-finance2 |
| 2025Q3 | $11.31B | — | — | — | yahoo-finance2 |
| 2025Q2 | $9.30B | — | — | — | yahoo-finance2 |
競爭對手
相關公司
在 BOM 上跟該公司同列出現的廠商 — 可能是同層 supplier、補位 source、或客戶端，不一定是競爭關係。
新聞 timeline
- MU - MICRON TECHNOLOGY INC | Stock Quotes from Fidelity ...2026-05-17 · digital.fidelity.com
Micron Technology, Inc. was founded in 1978 and is headquartered in Boise, Idaho. Micron Technology (MU) is trading at 724.66. Open Price: 732.57; Previous
- Micron Technology, Inc. (MU) Stock Price, News, Quote & History2026-05-17 · finance.yahoo.com
- Best gifts for sister-in-law. - Best birthday gifts for her. - Best gifts for mother-in-law. - Best anniversary gifts for wife. ## News headlines Micron Technology is experiencing significant growth driven by surging AI demand, with projections nearing **$100 billion** in earnings over the next year. Micron Technology is experiencing significant growth driven by surging AI demand, with projections nearing **$100 billion** in earnings over the next year. 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. The company provides memory products, including dynamic random access memory components and modules, CXL-based memory, LPDDR components and modules, gra
- MU Stock - Micron Technology - NASDAQ - Morningstar2026-05-17 · morningstar.com
# Micron Technology Inc MU. ### Micron Is Riding an AI Pricing Tsunami, but We Expect the Wave to Crash Longer-Term. We see Micron Technology as a strong supplier of memory chips, but we don’t believe the firm holds an economic moat. Micron benefits from large scale, being the fifth-largest chipmaker in the world, but we don’t see enough scale to generate consistent economic profits. Micron holds a third-place market share in dynamic random access memory, or DRAM, chips and a fifth-place market share in not-and, or NAND, flash chips. We view both the DRAM and NAND markets as highly cyclical, and we expect Micron to thrive in periods of strong demand and pricing but to be vulnerable to downcycles that compress shipments, prices, and profits. When memory markets are in an upswing and demand
- MU Stock Price Quote & News - Micron Technology - Robinhood2026-05-17 · robinhood.com
# Micron Technology. #### Trade Micron Technology 24 hours a day, five days a week on Robinhood. ### Micron Technology, Inc. engages in the provision of innovative memory and storage solutions. Micron Technology(MU) stock is priced at $715.80, giving the company a market capitalization of 816.6B. During the trading session on 2026-05-17, Micron Technology(MU) shares reached a daily high of $761.81 and a low of $715.12. At a current price of $715.80, the stock is +0.1% higher than the low and still -6.0% under the high. Over the past 52 weeks, Micron Technology(MU) stock has traded between a high of $818.67 and a low of $90.93. A Micron Technology high-bandwidth memory chip on display. Micron Refocuses On Global AI Memory As China Data Center Sales End. Micron Technology (NasdaqGS:MU) is ex
- MU: Micron Technology Inc - Stock Price, Quote and News - CNBC2026-05-17 · cnbc.com
* [CNBC Markets Now: May 15, 2026](https://www.cnbc.com/video/2026/05/15/cnbc-markets-now-may-15-2026.html "CNBC Markets Now: May 15, 2026")CNBC.com. * [News Update – Market Close](https://www.cnbc.com/video/2026/05/15/post-market-wrap-may-15-2026.html "News Update – Market Close")CNBC.com. * [Probably would be in recession without AI spending, says Ariel Investments' Bobrinskoy](https://www.cnbc.com/video/2026/05/15/probably-would-be-in-recession-without-ai-spending-says-ariel-investments-bobrinskoy.html "Probably would be in recession without AI spending, says Ariel Investments' Bobrinskoy")CNBC.com. * ['Biggest bottleneck in the AI buildup' fuels DRAM ETF to record](https://www.cnbc.com/2026/05/15/biggest-bottleneck-in-the-ai-buildup-fuels-dram-etf-to-record.html "'Biggest bottleneck in