MU · NASDAQ · STOCK
Micron Technology (MU) Stock Analysis
$1,028.50
52W $186.25 – $1255.00
63/100
$1.16T
13.7
2.23
⚠
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 63/100
, based on 6 analysts with 67% agreement.
Last updated October 10, 2026.
What Would Change This View
- Upgrade to Strong Buy
- Requires a committee score of 75.0 — +11.93 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 — -8.07 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 genuinely divided. Growth Analyst sees a compelling case — revenue growing 256.3% yoy -- genuine top-line momentum. Portfolio Manager remains cautious — sector concentration is already high (hhi 2796.97). This disagreement is itself the signal — the setup is not clean in either direction.
Bull & Bear Case
Bull Case
- P/E of 13.6 is inexpensive for the broad market — Value
- ROE of 91.8% shows genuine earnings power backing the valuation — Value
- Revenue growing 256.3% YoY -- genuine top-line momentum — Growth
- EPS growing 878.8% YoY — Growth
- 5 consecutive earnings beats -- consistent execution — Growth
- Price structure making higher highs and higher lows — Technical
Bear Case
- Price-to-book of 7.8x prices in significant intangible value — Value
- Growth rate is decelerating quarter over quarter -- the trend line matters more than the level — Growth
- MACD histogram negative -- bearish momentum — Technical
- Bollinger bandwidth of 21.7% 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 October 10, 2026
Overall Committee Score
63/100
Agreement
67%
Analysts
6
Conviction
Moderate
Sector Rank
Top 16%
of 287 Technology peers
Value Analyst
bullish
64
/ 100 · High confidence
Classic value case: cheap on multiples with earnings power to back it up
+ P/E of 13.6 is inexpensive for the broad market
− Price-to-book of 7.8x prices in significant intangible value
Growth Analyst
bullish
71
/ 100 · High confidence
Strong, accelerating growth with consistent execution
+ Revenue growing 256.3% YoY -- genuine top-line momentum
− Growth rate is decelerating quarter over quarter -- the trend line matters more than the level
Technical Analyst
bullish
61
/ 100 · High confidence
Price action is constructive -- trend and momentum agree
+ Price structure making higher highs and higher lows
− MACD histogram negative -- bearish 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 0.04) -- balance sheet can absorb a shock
− Bollinger bandwidth of 21.7% signals elevated volatility
Macro Analyst
bullish
65
/ 100 · Low confidence
Macro backdrop is supportive of risk assets generally, and this name's beta works in its favor
News Analyst
neutral
60
/ 100 · Low confidence
News flow is mixed or quiet -- no strong signal either way right now
Portfolio Manager
bearish
30
/ 100 · Moderate confidence
The existing book itself argues for caution here, independent of how good this specific stock looks
− Sector concentration is already high (HHI 2796.97)
Investment Thesis Evolution
Committee score moved marginally from 63.4 to 63.1.
- Conviction changed from high to moderate.
- Committee agreement fell notably from 83% to 67%.
- New bearish signals: 1 appeared.
- Bullish support removed: 1 signal(s) disappeared.
- New bullish signals: 2 appeared.
- Bearish pressure eased: 1 signal(s) disappeared.
- Analyst(s) changed stance: News Analyst.
Analyst-level changes:
- News Analyst: stance bullish->neutral.
- Risk Analyst: +1 bearish signal(s).
- Technical Analyst: +1 bullish signal(s).
- Value Analyst: +1 bullish signal(s).
Comparing 2026-10-09 to 2026-10-10 (1 day apart).
Technical Analysis
RSI (14)
43.6
Neutral
MACD Histogram
-6.348
Bearish Momentum
Trend Direction
Uptrend
Weekly: Uptrend
Market Structure
Hh Hl
Support
$738.68
Resistance
$1254.71
Bollinger %B
0.46
Inside Bands
Price vs Moving Averages
EMA 9
$1,053.60
Below
EMA 21
$1,037.71
Below
EMA 50
$994.19
Above
EMA 200
$746.26
Above
Fundamental Analysis
Valuation
67
Growth
75
Profitability
100
Financial Health
100
Cash Flow
70
Valuation
P/E Ratio
13.7×
P/B Ratio
8.40×
PEG Ratio
0.02
Dividend Yield
0.05%
52W High
$1255.00
52W Low
$186.25
Quality & Growth
ROE
6140.4%
ROA
4337.6%
Gross Margin
8071.6%
Operating Margin
7501.2%
Revenue Growth YoY
—
Debt / Equity
0.04
AI Fundamental Assessment
P/E ratio of 13.7 (inexpensive relative to a 15-40x range); Price-to-book of 8.4x; PEG ratio of 0.0 (under 1.0 suggests growth is undervalued relative to price); Return on equity of 61.4%; Return on assets of 43.4%; Net margin of 63.8%; Gross margin of 80.7%; Current ratio of 3.31 (healthy short-term liquidity); Debt-to-equity of 0.04; Free cash flow per share is positive (46.82); Most recent quarter beat estimates by 2.6%; 5 consecutive earnings beats; EPS growth decelerating (+105.8% -> +33.1% QoQ); Average YoY EPS growth of 1003.0%; Analyst estimates rising over recent quarters
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