BDC
Belden Inc.
BDC trails on the overall score without a compensating advantage in the available component scores.
MU
Micron Technology, Inc.
MU has the edge over BDC overall, supported by stronger modeled upside and stronger valuation.
BDC Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Stable | |
| Healthy | |
| Weak |
BDC's revenue and cash flow are currently healthy, and its profitability is stable, but its balance sheet is weak.
MU Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
MU's revenue, profitability, cash flow and balance sheet are all currently strong.
BDC PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 11x | $102 | — |
| Cheap | 15x | $65.72 | -36% |
| Fair | 21x | $94.82 | -7.2% |
| Current | 23x | $102 | — |
| Expensive | 28x | $123 | +21% |
Historical ranges are pointers, not guarantees.
BDC's PE is in its fair range at 23x. If earnings grow as analysts expect, today's price would be 11x next year's earnings, in its cheap range.
MU PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 4.6x | $798 | — |
| Cheap | 10x | $777 | -2.7% |
| Current | 11x | $798 | — |
| Fair | 22x | $1,646 | +106% |
| Expensive | 32x | $2,404 | +201% |
Historical ranges are pointers, not guarantees.
MU has the edge over BDC in the historical PE scenario, which offers more potential upside but is not a forecast.
BDC Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Weakening | |
| Limited | |
| Moderate |
Analysts expect strong earnings and revenue growth for BDC, but weaker profitability.
MU Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Broad | |
| Moderate |
MU has the edge over BDC on the outlook, with more favorable profitability expectations.
BDC Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $9.62 | +116% |
| Q3 2026 | $4.45 | -21% |
| Q2 2026 | $6.15 | +12% |
| Q1 2026 | $5.94 | +15% |
| Q4 2025 | $5.91 | +23% |
| Q3 2025 | $5.62 | +31% |
| Q2 2025 | $5.51 | +17% |
| Q1 2025 | $5.17 | +1.2% |
| Q4 2024 | $4.80 | -15% |
BDC's earnings per share have fallen from their peak: $4.45 over the past year, against $6.67 in mid-2023.
MU Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $174.95 | +135% |
| Q3 2026 | $74.33 | +879% |
| Q2 2026 | $44.17 | +693% |
| Q1 2026 | $21.18 | +405% |
| Q4 2025 | $10.52 | +201% |
| Q3 2025 | $7.59 | +984% |
| Q2 2025 | $5.57 | +$6.99 |
| Q1 2025 | $4.19 | +$7.64 |
| Q4 2024 | $3.49 | +$9.77 |
MU has the edge over BDC on earnings, with more consistent year-over-year improvement.
BDC Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $966M | +38% |
| Q2 2026 | $750.2M | +12% |
| Q1 2026 | $696.4M | +11% |
| Q4 2025 | $720.1M | +8.1% |
| Q3 2025 | $698.2M | +6.6% |
| Q2 2025 | $672M | +11% |
| Q1 2025 | $624.9M | +17% |
| Q4 2024 | $666M | +21% |
BDC's revenue has grown year over year for nine quarters in a row: $966M last quarter, up 38% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 1.7% | -9.2 points |
| Q2 2026 | 13% | +1.4 points |
| Q1 2026 | 11% | -0.4 points |
| Q4 2025 | 12% | +1.8 points |
| Q3 2025 | 11% | -0.6 points |
| Q2 2025 | 12% | +0.4 points |
| Q1 2025 | 12% | +1.7 points |
| Q4 2024 | 10% | +2.4 points |
BDC's operating margin was 1.7% last quarter, down 9.2 points from the same quarter a year ago, near the bottom of its range since 2019.
MU Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $54.2B | +379% |
| Q2 2026 | $41.5B | +346% |
| Q1 2026 | $23.9B | +196% |
| Q4 2025 | $13.6B | +57% |
| Q3 2025 | $11.3B | +46% |
| Q2 2025 | $9.3B | +37% |
| Q1 2025 | $8.1B | +38% |
| Q4 2024 | $8.7B | +84% |
MU has the edge over BDC on sales, with stronger typical year-over-year growth.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 81% | +48 points |
| Q2 2026 | 80% | +57 points |
| Q1 2026 | 68% | +46 points |
| Q4 2025 | 45% | +20 points |
| Q3 2025 | 32% | +13 points |
| Q2 2025 | 23% | +13 points |
| Q1 2025 | 22% | +19 points |
| Q4 2024 | 25% | +49 points |
MU has the edge over BDC on profitability, with a higher operating margin.
BDC Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $81.8M | +25% |
| Q2 2026 | $88.6M | +56% |
| Q1 2026 | -$63.1M | -$38.3M |
| Q4 2025 | $121.3M | +4.2% |
| Q3 2025 | $65.3M | -2.7% |
| Q2 2025 | $56.9M | -6.7% |
| Q1 2025 | -$24.8M | -$3.2M |
| Q4 2024 | $116.4M | +11% |
BDC generated $229M in free cash flow over the past year, up 6.9% from the year before.
MU Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $32.9B | +45543% |
| Q2 2026 | $17.6B | +951% |
| Q1 2026 | $5.5B | +$5.6B |
| Q4 2025 | $3B | +7853% |
| Q3 2025 | $72M | -75% |
| Q2 2025 | $1.7B | +322% |
| Q1 2025 | -$113M | +$52M |
| Q4 2024 | $38M | +$433M |
MU has the edge over BDC on cash flow, with more consistent year-over-year improvement.
BDC Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.5% | -203K shares |
| 1 year | -2.6% | -1.1M shares |
| 3 years | -8.3% | -3.5M shares |
| 5 years | -14% | -6.3M shares |
| Available history | -7.9% | -3.3M shares |
BDC has the edge over MU on shareholder dilution, with a more favorable share count trend.
MU Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.2% | -2M shares |
| 1 year | +1.6% | +18M shares |
| 3 years | +4.6% | +50M shares |
| 5 years | +0.2% | +2M shares |
| Available history | +1.2% | +14M shares |
MU has 1.1B diluted shares, up 1.6% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | — |
| Q1 2026 | $350M |
| Q4 2025 | $300M |
| Q3 2024 | $300M |
| Q2 2024 | — |
| Q1 2024 | — |
| Q4 2023 | — |
MU has spent almost nothing on buybacks in the past year.
BDC Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 5.8x | High |
| Q2 2026 | 1.9x | Healthy |
| Q1 2026 | 2.2x | Moderate |
| Q4 2025 | 2.0x | Moderate |
| Q3 2025 | 2.3x | Moderate |
| Q2 2025 | 2.3x | Moderate |
| Q1 2025 | 2.3x | Moderate |
| Q4 2024 | 2.0x | Healthy |
BDC's net debt is about 5.8 years of its operating earnings (EBITDA), up from 2.3 years a year ago.
MU Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.3x | Net Cash |
| Q2 2026 | -0.3x | Net Cash |
| Q1 2026 | -0.1x | Net Cash |
| Q4 2025 | 0.1x | Very low |
| Q3 2025 | 0.3x | Very low |
| Q2 2025 | 0.3x | Very low |
| Q1 2025 | 0.5x | Very low |
| Q4 2024 | 0.6x | Very low |
MU has the edge over BDC on leverage, with a lower net debt burden relative to earnings.
BDC Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 42.5 | Neutral |
| Stochastic | 15.0 | Oversold |
BDC's weekly RSI is 43 (neutral) and its Stochastic is 15 (oversold).
MU Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 47.1 | Neutral |
| Stochastic | 26.9 | Neutral |
MU's weekly RSI is 47 (neutral) and its Stochastic is 27 (neutral).
BDC PE vs Technology Sector
| Metric | BDC | Sector median | Relative |
|---|---|---|---|
| PE | 23x | 28x | 18% below |
| PE % | 61 | 35 | 26 pts above |
BDC is trading at 23x earnings, a 18% discount to the Technology sector's median of 28x.
MU PE vs Technology Sector
| Metric | MU | Sector median | Relative |
|---|---|---|---|
| PE | 11x | 28x | 61% below |
| PE % | 18 | 35 | 17 pts below |
MU has the edge over BDC on valuation relative to its sector.
BDC Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $105.9 | 3.4% below |
| 20 week MA | $113.0 | 9.5% below |
| 50 week MA | $117.6 | 13% below |
| 100 week MA | $115.8 | 12% below |
| 200 week MA | $103.4 | 1.1% below |
BDC is in a downtrend: it's below all five of its weekly moving averages, and 1.1% below its 200-week average.
MU Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $914.5 | 13% below |
| 20 week MA | $931.0 | 14% below |
| 50 week MA | $685.9 | 16% above |
| 100 week MA | $405.4 | 97% above |
| 200 week MA | $246.0 | 225% above |
MU has the edge over BDC on trend strength, trading above more of its moving averages.
BDC Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $55.5 | $41.6 | -25% |
| 2021 | $41.6 | $63.7 | +53% |
| 2022 | $63.7 | $73.2 | +15% |
| 2023 | $73.2 | $77.3 | +5.5% |
| 2024 | $77.3 | $113.5 | +47% |
| 2025 | $113.5 | $118.4 | +4.3% |
| 2026 YTD | $118.4 | $102.2 | -14% |
BDC has finished higher in five of the last six years. It's down 14% so far in 2026.
MU Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $54.0 | $70.6 | +31% |
| 2021 | $70.6 | $94.4 | +34% |
| 2022 | $94.4 | $50.2 | -47% |
| 2023 | $50.2 | $85.3 | +70% |
| 2024 | $85.3 | $88.6 | +3.9% |
| 2025 | $88.6 | $284.8 | +221% |
| 2026 YTD | $284.8 | $798.4 | +180% |
MU has the edge over BDC on returns for 2026, with the stronger performance.