Micron Technology, Inc.

MU

US5951121038

Semiconductors

Real-time Estimate Cboe BZX Other stock markets 11:24:51 27/06/2024 pm IST			5-day change	1st Jan Change
134 ^USD	-5.88%		-7.24%	+56.73%

07:54pm	Sector Update: Tech Stocks Mixed Thursday Afternoon	MT
07:38pm	Sector Update: Tech	MT

Micron Technology, Inc. Reports Earnings Results for the First Quarter Ended December 3, 2020

January 08, 2021 at 02:33 am IST

Micron Technology, Inc. announced earnings results for the first quarter ended December 3, 2020. For the first quarter, the company announced sales was USD 5,773 million compared to USD 5,144 million a year ago. Operating income was USD 866 million compared to USD 518 million a year ago. Net income was USD 803 million compared to USD 491 million a year ago. Basic earnings per share from continuing operations was USD 0.72 compared to USD 0.44 a year ago. Diluted earnings per share from continuing operations was USD 0.71 compared to USD 0.43 a year ago.

Latest news about Micron Technology, Inc.

Sector Update: Tech Stocks Mixed Thursday Afternoon	11:24pm	MT
Sector Update: Tech	11:08pm	MT
US Equity Indexes Choppy, Treasury Yields Decline in Midday Trading	11:05pm	MT
US Equity Indexes Edge Higher in Choppy Midday Trading	10:13pm	MT
UBS Adjusts Micron Technology Price Target to $153 From $155, Maintains Buy Rating	10:05pm	MT
Wall St listless as eyes on crucial inflation data; Micron, Walgreens slump	09:40pm	RE
Stocks inch lower as semiconductor shares ease; yen up vs dollar	09:36pm	RE
Micron Technology Remains Key Beneficiary in Data Centers, AI, 5G Markets, BofA Says	08:59pm	MT
TSX climbs on broad inclines; US inflation data on tap	08:35pm	RE
Trending : Micron Posts Better-Than-Expected 3Q Earnings	07:45pm	DJ
Wall St set for subdued open after economic data; Micron drags chip stocks lower	06:45pm	RE
Daiwa Securities Raises Price Target on Micron Technology to $175 From $148	06:36pm	MT
European stocks fall on inflation fears, yen near 38-year low	05:29pm	RE
TD Cowen Adjusts Price Target on Micron Technology to $160 From $150	05:27pm	MT
Market Update-Wall Street seen in the red, political risk dominates in Europe	05:12pm	RE
MICRON TECHNOLOGY INC : UBS reaffirms its Buy rating	05:01pm	ZD
Futures Decline Pre-Bell as Traders Await Key Economic Data; Asia, Europe Down	04:48pm	MT
Needham Adjusts Micron Technology Price Target to $150 From $120, Maintains Buy Rating	04:45pm	MT
Social Buzz: Wallstreetbets Stocks Mostly Lower Pre-Bell Thursday; Micron Technology to Decline, BlackBerry to Open Higher	04:25pm	MT
North American Morning Briefing : Disappointing Micron Outlook Weighs on Chip Stocks	03:54pm	DJ
MORNING BID AMERICAS-US TV faceoff eyed, ailing yen steadies	03:49pm	RE
European Midday Briefing: Skittish Mood Ahead of French Elections; U.S. Data Eyed	03:36pm	DJ
Micron falls as AI revenue surge falls short of lofty expectations	03:33pm	RE
Futures dip as Micron drags down chip stocks ahead of economic data	03:30pm	RE
Goldman Sachs Adjusts Price Target on Micron Technology to $158 From $138, Keeps Buy Rating	03:01pm	MT

Chart Micron Technology, Inc.

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Company Profile

Micron Technology, Inc. specializes in the design, manufacturing and marketing of semiconductors. The group's products include memory products (dynamic memories, flash memories, etc.) and semiconductor systems. Net sales break down by market as follows: - IT infrastructure (36.7%): computers, network systems, graphics systems and cloud servers; - phones and mobile devices (23.4%): smartphones, tablets and mobile devices; - storage media (16.4%): mainly fixed and removable data storage components; - other (23.5%): primarily automotive, connected home and consumer electronics and industries markets. As of 31/08/2023, the group has 11 manufacturing sites worldwide. Net sales are distributed geographically as follows: the United States (50.2%), Taiwan (17.4%), China (14%), Japan (6.4%), Hong Kong (2.1%), Asia/Pacific (4.8%), Europe (4.4%) and other (0.7%).

Sector

Semiconductors

Calendar

27/06/2024 - Q3 2024 Earnings Call - Post Earnings

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S&P 500

More about the company

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Analysis / Opinion

Sanjay Mehrotra, CEO of MICRON: Strongest growth since 2011, encouraging outlook

March 22, 2024 at 03:19 am IST

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Ratings for Micron Technology, Inc.

Trading Rating

Investor Rating

ESG Refinitiv

B+

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

142.4 USD

Average target price

156 USD

Spread / Average Target

+9.59%

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