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Micron Technology, Inc (1MU) Fair Value & Analysis

Technology · IT · Market cap €1.0T

MT Micron Technology, Inc 1MU · MI
Price€880.10
Fair Value€206.77
Upside-76.5%
Quality69/100
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Evidence: High Range €85.23 – €258.88

Fair value as of: Jul 3, 2026

From 26 valuation models · updated today

Share price −1.6% over the past month.

Price vs Fair Value (12 months)

€1,035 €90.93 Fair Value €206.77 Jul 2025 Jul 2026

12‑month range €90.93 – €1,035 · fair‑value band €85.23 – €258.88 · the €880.10 price screens above the €206.77 fair value. As of Jul 3, 2026.

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Analysis

Micron Technology, Inc (1MU) currently trades at €880.10, while our model-based Fair Value estimate is €206.77 — implying the stock looks roughly 76.5% overvalued today. We read business quality at 69/100 (solid quality), in the Technology sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: high).

Over the trailing twelve months, Micron Technology, Inc generated revenue of €90.3B at a net margin of 55.9%. It earns a return on equity of 66.6%. Net debt stands at €1.9B. The stock trades on a trailing P/E of 23.2. Fundamentals as of Jul 3, 2026

Key figures & financial health

Revenue (TTM) €90.3B
Revenue growth (YoY) +346%
Net margin 55.9%
Return on equity 66.6%
Free cash flow €1.7B FY2025
P/E ratio 23.2
More key figures
Operating margin 80.4%
EPS (TTM) €38.81
Dividend yield 0.1%
EPS growth (YoY) +1,369%
Net debt €1.9B FY2025

Figures from reported company fundamentals (EODHD) · as of Jul 3, 2026. TTM = trailing twelve months.

About the company

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. It operates through the Cloud Memory Business Unit; Core Data Center Business Unit; Mobile and Client Business Unit; and Automotive and Embedded Business Unit segments. The company provides memory products, including dynamic random access memory components and modules, CXL-based memory, LPDDR components and modules, graphics memory, high-bandwidth memory, and data center memory products; multichip packages (MCP) comprising embedded multimedia card-based, universal flash storage-based, and NAND-based MCPs; and technology leadership products that include 1y DRAM and G9 NAND technologies. It also offers storage products, such as data center solid-state drives (SSD), client SSD storage, and auto and industrial SSD storage; managed NAND; NAND flash; NOR flash; and memory cards. In addition, the company …

Revenue & earnings trend

FY2022 – FY2025 · reported fiscal years

Micron Technology, Inc reported revenue of €37.4B in FY2025 versus €30.8B in FY2022, a compound +6.7%/yr. Reported net income was €8.5B in FY2025, compounding −0.6%/yr from FY2022.

Revenue +6.7%/yr
FY22 €30.8B
FY23 €15.5B
FY24 €25.1B
FY25 €37.4B
Net income −0.6%/yr
FY22 €8.7B
FY23 −€5.8B
FY24 €778M
FY25 €8.5B

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Frequently asked questions

Is Micron Technology, Inc (1MU) undervalued?
As of Jul 3, 2026, our model estimates a fair value of €206.77 versus a price of €880.10 — about −77% (overvalued). Model-based estimate, not financial advice.
What is the fair value of 1MU?
Our model-based fair value for Micron Technology, Inc is €206.77 (as of Jul 3, 2026), built from audited fundamentals. The current price is €880.10.
What is the quality score of 1MU?
Micron Technology, Inc has a Quality Score of 69/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Micron Technology, Inc (1MU)?
Micron Technology, Inc reported trailing-twelve-month revenue of about €90.3B (latest available figure, as of Jul 3, 2026).
What is the net profit margin of 1MU?
The net profit margin of Micron Technology, Inc is about 55.9%, meaning it keeps roughly 55.9% of revenue as net income. Based on the latest reported figures.
Does Micron Technology, Inc pay a dividend?
Micron Technology, Inc currently shows a dividend yield of about 0.06% relative to its recent price (as of Jul 3, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.