GNSS
Genasys Inc.
GNSS's outlook is improving, though it still trails on the overall score.
MU
Micron Technology, Inc.
MU has the edge over GNSS overall, supported by stronger valuation and stronger modeled upside.
GNSS Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Stable | |
| Under pressure | |
| Weak |
GNSS's revenue is currently healthy, and its profitability is stable, but its cash flow and balance sheet are under pressure.
MU Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
MU's revenue, profitability, cash flow and balance sheet are all currently strong.
GNSS PE Valuation
GNSS has no meaningful PE right now: it lost money over the past year. If it returns to profit as analysts expect, today's price would be 29x next year's earnings.
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's PE is in its cheap range at 11x. If earnings grow as analysts expect, today's price would be 4.6x next year's earnings.
GNSS Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Returning to profit | |
| Stable | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect GNSS to return to profit, with revenue holding steady. However, they disagree widely on these estimates.
MU Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Broad | |
| Moderate |
MU has the edge over GNSS on the outlook, with more favorable revenue expectations.
GNSS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.05 | — |
| Q2 2026 | -$0.13 | +$0.50 |
| Q1 2026 | -$0.17 | +$0.47 |
| Q4 2025 | -$0.33 | +$0.33 |
| Q3 2025 | -$0.40 | +$0.32 |
| Q2 2025 | -$0.63 | +$0.10 |
| Q1 2025 | -$0.64 | -$0.02 |
| Q4 2024 | -$0.66 | -$0.11 |
| Q3 2024 | -$0.72 | -$0.22 |
GNSS is still losing money, but far less than before: $0.13 per share over the past year, against $0.73 at its worst in mid-2024.
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 GNSS on earnings quality, reporting a profit while its opponent remains loss making.
GNSS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $7.3M | -26% |
| Q1 2026 | $15.5M | +124% |
| Q4 2025 | $17.1M | +146% |
| Q3 2025 | $17M | +153% |
| Q2 2025 | $9.9M | +38% |
| Q1 2025 | $6.9M | +21% |
| Q4 2024 | $6.9M | +59% |
| Q3 2024 | $6.7M | -37% |
GNSS's revenue is growing: $7M last quarter, down 26% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | -55% | +4.8 points |
| Q1 2026 | 8.3% | +99 points |
| Q4 2025 | -2.1% | +84 points |
| Q3 2025 | 7.7% | +114 points |
| Q2 2025 | -60% | +15 points |
| Q1 2025 | -90% | +32 points |
| Q4 2024 | -86% | +80 points |
| Q3 2024 | -106% | -81 points |
GNSS's operating margin was −55% last quarter, up 4.8 points from the same quarter a year ago.
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 GNSS on sales, with more consistent year-over-year improvement.
| 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 GNSS on profitability, with a higher operating margin.
GNSS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | -$2.9M | +$3M |
| Q1 2026 | -$9.4M | -$2.9M |
| Q4 2025 | $7.2M | +720% |
| Q3 2025 | $2.5M | +369% |
| Q2 2025 | -$5.9M | +$1.6M |
| Q1 2025 | -$6.5M | +$301K |
| Q4 2024 | $878K | +$6.7M |
| Q3 2024 | $526K | -84% |
GNSS's free cash flow was −$3M over the past year, against −$11M 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 GNSS on cash generation, producing positive trailing cash flow while its opponent burns cash.
GNSS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1% | -479K shares |
| 1 year | +0.8% | +372K shares |
| 3 years | +23% | +8.5M shares |
| 5 years | +29% | +10.3M shares |
| Available history | +36% | +12.1M shares |
GNSS has the edge over MU on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2023 | — |
| Q2 2023 | — |
| Q1 2023 | — |
| Q4 2022 | — |
| Q3 2022 | — |
| Q2 2022 | — |
| Q1 2022 | $557,000 |
| Q4 2021 | $441,000 |
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.
GNSS Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 17.8x | High |
| Q2 2022 | -23.3x | Net Cash |
| Q1 2022 | -6.2x | Net Cash |
| Q4 2021 | -4.6x | Net Cash |
| Q3 2021 | -4.8x | Net Cash |
| Q2 2021 | -3.1x | Net Cash |
| Q1 2021 | -3.1x | Net Cash |
| Q4 2020 | -3.5x | Net Cash |
GNSS's net debt is about 18 years of its operating earnings (EBITDA), after holding more cash than debt 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 GNSS on leverage, with a lower net debt burden relative to earnings.
GNSS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 42.1 | Neutral |
| Stochastic | 38.5 | Neutral |
GNSS's weekly RSI is 42 (neutral) and its Stochastic is 39 (neutral).
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).
GNSS PE vs Technology Sector
| Metric | GNSS | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 28x | — |
GNSS has no meaningful PE right now: it lost money over the past year.
MU PE vs Technology Sector
| Metric | MU | Sector median | Relative |
|---|---|---|---|
| PE | 11x | 28x | 61% below |
| PE % | 18 | 35 | 17 pts below |
MU is trading at 11x earnings, a 61% discount to the Technology sector's median of 28x.
GNSS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $1.43 | 0% above |
| 20 week MA | $1.56 | 8.3% below |
| 50 week MA | $1.81 | 21% below |
| 100 week MA | $2.02 | 29% below |
| 200 week MA | $2.33 | 39% below |
GNSS is in a downtrend: it's below all five of its weekly moving averages, and 39% 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 GNSS on trend strength, trading above more of its moving averages.
GNSS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $3.19 | $7.07 | +122% |
| 2021 | $7.07 | $3.88 | -45% |
| 2022 | $3.88 | $3.12 | -20% |
| 2023 | $3.12 | $2.03 | -35% |
| 2024 | $2.03 | $2.60 | +28% |
| 2025 | $2.60 | $2.22 | -15% |
| 2026 YTD | $2.22 | $1.43 | -36% |
GNSS's yearly returns have swung widely, from +122% in 2020 to −45% in 2021. It's down 36% 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 GNSS on returns for 2026, with the stronger performance.