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Micron Technology

Technology Updated August 08, 2026
$876.35
52W $113.46 – $1255.00
64/100
$991.12B
19.6
2.14
AI Committee Verdict
Buy
64/100
Conviction: Contested · 50% agreement · 6 analysts
+43.2%
-64.4%
0.67:1
Contested
Buy rating, but near-term risk/reward is unfavorable
The long-term recommendation is based on the composite investment score. The near-term risk/reward is based on nearby support and resistance levels. These can differ when a strong company trades close to resistance with support further below.

Is MU Bullish or Bearish?

Bullish. Innellis AI committee rates Micron Technology (MU) Buy with a composite score of 64/100 , based on 6 analysts with 50% agreement. Last updated August 08, 2026.

What Would Change This View

Upgrade to Strong Buy
Requires a committee score of 75.0 — +11.37 from today. Applies on the first day at or above the line; upgrades are never dampened.
Downgrade to Watch
Requires the score to fall below 55.0 — -8.63 from today. The band boundary is 60.0, but a one-step downgrade must clear a further margin first. A score oscillating around the line should not change the rating every night.

Executive Summary

The committee is split. Analysts see this stock differently enough that the current rating reflects genuine uncertainty, not a weak signal.

Bull & Bear Case

Bull Case
  • ROE of 70.5% shows genuine earnings power backing the valuation — Value
  • Revenue growing 167.0% YoY -- genuine top-line momentum — Growth
  • EPS growing 700.7% YoY — Growth
  • 4 consecutive earnings beats -- consistent execution — Growth
  • MACD histogram positive -- bullish momentum — Technical
  • Low leverage (debt-to-equity 0.27) -- balance sheet can absorb a shock — Risk
Bear Case
  • Growth rate is decelerating quarter over quarter -- the trend line matters more than the level — Growth
  • Bollinger bandwidth of 27.9% signals elevated volatility — Risk
Both cases are generated from quantitative data signals, not qualitative or forward-looking judgement. They summarise what the numbers say today.
Price History (6M)

AI Investment Committee

Committee Consensus As of August 08, 2026
Overall Committee Score
64/100
Agreement
50%
Analysts
6
Conviction
Contested
Sector Rank
Top 12%
of 172 Technology peers
Value Analyst bullish
65 / 100 · High confidence
Classic value case: cheap on multiples with earnings power to back it up
+ ROE of 70.5% shows genuine earnings power backing the valuation
Growth Analyst bullish
71 / 100 · High confidence
Strong, accelerating growth with consistent execution
+ Revenue growing 167.0% YoY -- genuine top-line momentum
− Growth rate is decelerating quarter over quarter -- the trend line matters more than the level
Technical Analyst neutral
58 / 100 · High confidence
Mixed or range-bound price action
+ MACD histogram positive -- bullish momentum
Risk Analyst neutral
58 / 100 · Moderate confidence
Moderate risk -- no single red flag, but nothing that clearly de-risks the position either
+ Low leverage (debt-to-equity 0.27) -- balance sheet can absorb a shock
− Bollinger bandwidth of 27.9% signals elevated volatility
Macro Analyst bullish
70 / 100 · Moderate confidence
Macro backdrop is supportive of risk assets generally, and this name's beta works in its favor
+ Market regime is bullish (Bull market -- normal position sizing)
News Analyst neutral
60 / 100 · Low confidence
News flow is mixed or quiet -- no strong signal either way right now
Portfolio Manager neutral
55 / 100 · Moderate confidence
Portfolio-level factors are mixed -- worth a deliberate sizing decision, not a default-size position
+ Portfolio position concentration is currently healthy
− 4 existing position pair(s) are highly correlated already
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Investment Thesis Evolution

Committee score moved marginally from 63.3 to 63.6.

Analyst-level changes:
  • Macro Analyst: +1 bullish signal(s).
  • Risk Analyst: +1 bearish signal(s).

Comparing 2026-08-07 to 2026-08-08 (1 day apart).

Technical Analysis

RSI (14)
49.2
Neutral
MACD Histogram
2.052
Bullish Momentum
Trend Direction
Sideways
Weekly: Uptrend
Market Structure
Mixed
Support
$311.61
Resistance
$1254.71
Bollinger %B
0.46
Inside Bands
Price vs Moving Averages
EMA 9
$873.65 Above
EMA 21
$896.87 Below
EMA 50
$889.31 Below
EMA 200
$607.41 Above

Fundamental Analysis

Valuation
61
Growth
69
Profitability
95
Financial Health
100
Cash Flow
70
Valuation
P/E Ratio 19.6×
P/B Ratio 9.83×
PEG Ratio 0.03
Dividend Yield 0.06%
52W High $1255.00
52W Low $113.46
Quality & Growth
ROE 1576.5%
ROA 1031.3%
Gross Margin 7256.9%
Operating Margin 6576.2%
Revenue Growth YoY
Debt / Equity 0.06
AI Fundamental Assessment
P/E ratio of 19.6 (inexpensive relative to a 15-40x range); Price-to-book of 9.8x; PEG ratio of 0.0 (under 1.0 suggests growth is undervalued relative to price); Return on equity of 15.8%; Return on assets of 10.3%; Net margin of 55.9%; Gross margin of 72.6%; Current ratio of 3.42 (healthy short-term liquidity); Debt-to-equity of 0.06; Free cash flow per share is positive (23.20); Most recent quarter beat estimates by 17.3%; 4 consecutive earnings beats; EPS growth decelerating (+155.2% -> +105.8% QoQ); Analyst estimates rising over recent quarters
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📈 Rating History 💰 Earnings 📰 Recent Events 🔄 What Changed 📖 Thesis Evolution 🔍 Similar Stocks
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