MUMicron Technology

$951.51

Is the price fair?

What MU's price assumes

Micron Technology trades at 21.5× earnings against 69.5× for the median Semiconductors name, cheaper than its own group.

21.5

Trailing P/E · Semiconductors median 69.5 · cheaper than the typical name in its group

Price / sales
11.7

Price / sales · as of 2026-Q2

Free cash flow yield
2.1%

Free cash flow yield · Semiconductors median 1.7%

Growth the price implies
+18%

Growth the price implies · The price pays for +18% free cash flow growth a year for a decade; revenue has grown +71% a year over the last three.

Details
Price / book2026-Q2
10.5
Technology median P/E376 names
37.0
Semiconductors median P/E49 names
69.5
Free cash flow, trailing twelve months
$26.2B
Market capitalisation
$1.28T
3-year revenue growth
+71%
What the market has paid for these earnings: 27 quarters of its own multiple × $44.18 of trailing earnings per share
MethodPer share
Its own P/E history, lower quartile$352.79
Its own P/E history, median$717.51
Its own P/E history, upper quartile$883.02
52-week range$111.71 – $1,211.38
Today$951.51

Multiples from SEC filings and end-of-day closes; implied growth from a reverse discounted cash flow. Group medians across the names Ryufin tracks.