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How to buy Micron Technology stock | 51.61

Own Micron Technology stock in just a few minutes.

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Micron Technology, Inc is a semiconductors business based in the US. Micron Technology shares (MU) are listed on the NASDAQ and all prices are listed in US Dollars. Micron Technology employs 40,000 staff and has a trailing 12-month revenue of around USD$21.4 billion.

How to buy shares in Micron Technology

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Micron Technology. Find the stock by name or ticker symbol: MU. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Micron Technology reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of USD$51.61, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Micron Technology, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Micron Technology. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

How has coronavirus impacted Micron Technology's share price?

Since the stock market crash in March caused by coronavirus, Micron Technology's share price has had significant negative movement.

Its last market close was USD$51.61, which is 9.44% down on its pre-crash value of USD$56.99 and 65.79% up on the lowest point reached during the March crash when the shares fell as low as USD$31.13.

If you had bought USD$1,000 worth of Micron Technology shares at the start of February 2020, those shares would have been worth USD$711.07 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth USD$959.43.

Micron Technology share price

Use our graph to track the performance of MU stocks over time.

Micron Technology shares at a glance

Information last updated 2020-11-24.
Latest market close USD$51.61
52-week range USD$31.13 - USD$64.5
50-day moving average USD$53.8569
200-day moving average USD$49.8412
Wall St. target price USD$65.42
PE ratio 25.9072
Dividend yield N/A (0%)
Earnings per share (TTM) USD$2.372

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Micron Technology stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Micron Technology price performance over time

Historical closes compared with the close of $51.61 from 2020-10-16

1 week (2020-11-17) -16.74%
1 month (2020-10-23) -2.35%
3 months (2020-08-25) 14.43%
6 months (2020-05-22) 14.84%
1 year (2019-11-22) 12.51%
2 years (2018-11-23) 41.79%
3 years (2017-11-24) 3.88%
5 years (2015-11-24) 230.20%

Is Micron Technology under- or over-valued?

Valuing Micron Technology stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Micron Technology's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Micron Technology's P/E ratio

Micron Technology's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 26x. In other words, Micron Technology shares trade at around 26x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Micron Technology's PEG ratio

Micron Technology's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.759. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Micron Technology's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Micron Technology's EBITDA

Micron Technology's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$8.7 billion.

The EBITDA is a measure of a Micron Technology's overall financial performance and is widely used to measure a its profitability.

Micron Technology financials

Revenue TTM USD$21.4 billion
Operating margin TTM 14.28%
Gross profit TTM USD$6.6 billion
Return on assets TTM 3.73%
Return on equity TTM 7.14%
Profit margin 12.54%
Book value $35.037
Market capitalisation USD$71.2 billion

TTM: trailing 12 months

Shorting Micron Technology shares

There are currently 28.8 million Micron Technology shares held short by investors – that's known as Micron Technology's "short interest". This figure is 9.2% down from 31.7 million last month.

There are a few different ways that this level of interest in shorting Micron Technology shares can be evaluated.

Micron Technology's "short interest ratio" (SIR)

Micron Technology's "short interest ratio" (SIR) is the quantity of Micron Technology shares currently shorted divided by the average quantity of Micron Technology shares traded daily (recently around 17.6 million). Micron Technology's SIR currently stands at 1.63. In other words for every 100,000 Micron Technology shares traded daily on the market, roughly 1630 shares are currently held short.

However Micron Technology's short interest can also be evaluated against the total number of Micron Technology shares, or, against the total number of tradable Micron Technology shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Micron Technology's short interest could be expressed as 0.03% of the outstanding shares (for every 100,000 Micron Technology shares in existence, roughly 30 shares are currently held short) or 0.0259% of the tradable shares (for every 100,000 tradable Micron Technology shares, roughly 26 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Micron Technology.

Find out more about how you can short Micron Technology stock.

Micron Technology's environmental, social and governance track record

Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Micron Technology.

When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.

Micron Technology's total ESG risk score

Total ESG risk: 32.71

Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Micron Technology's overall score of 32.71 (as at 01/01/2019) is pretty weak – landing it in it in the 64th percentile of companies rated in the same sector.

ESG scores are increasingly used to estimate the level of risk a company like Micron Technology is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).

Micron Technology's environmental score

Environmental score: 12.48/100

Micron Technology's environmental score of 12.48 puts it squarely in the 1st percentile of companies rated in the same sector. This could suggest that Micron Technology is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.

Micron Technology's social score

Social score: 6.08/100

Micron Technology's social score of 6.08 puts it squarely in the 1st percentile of companies rated in the same sector. This could suggest that Micron Technology is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.

Micron Technology's governance score

Governance score: 6.15/100

Micron Technology's governance score puts it squarely in the 1st percentile of companies rated in the same sector. That could suggest that Micron Technology is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.

Micron Technology's controversy score

Controversy score: 2/5

ESG scores also evaluate any incidences of controversy that a company has been involved in. Micron Technology scored a 2 out of 5 for controversy – the second-highest score possible, reflecting that Micron Technology has, for the most part, managed to keep its nose clean.

Environmental, social, and governance (ESG) summary

Micron Technology, Inc was last rated for ESG on: 2019-01-01.

Total ESG score 32.71
Total ESG percentile 64.48
Environmental score 12.48
Environmental score percentile 1
Social score 6.08
Social score percentile 1
Governance score 6.15
Governance score percentile 1
Level of controversy 2

Micron Technology share dividends

We're not expecting Micron Technology to pay a dividend over the next 12 months.

Have Micron Technology's shares ever split?

Micron Technology's shares were split on a 2:1 basis on 2 May 2000. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Micron Technology shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Micron Technology shares which in turn could have impacted Micron Technology's share price.

Micron Technology share price volatility

Over the last 12 months, Micron Technology's shares have ranged in value from as little as $31.13 up to $64.5. A popular way to gauge a stock's volatility is its "beta".

MU.US volatility(beta: 1.26)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Micron Technology's is 1.2616. This would suggest that Micron Technology's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Micron Technology overview

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 offers memory and storage technologies, including DRAM, NAND, NOR, and 3D XPoint memory under the Micron and Crucial brands, as well as through private labels. The company provides 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 wafer forms for the removable storage markets, as well as 3D XPoint memory products; 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.

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