IE
Ivanhoe Electric Inc.
IE trails on the overall score without a compensating advantage in the available component scores.
MU
Micron Technology, Inc.
MU has the edge over IE overall, supported by stronger fundamentals and stronger valuation.
IE Fundamentals
| Metric | Status |
|---|---|
| Under pressure | |
| Stable | |
| Weak | |
| Strong |
IE's balance sheet is currently strong, and its profitability is stable, but its revenue and cash flow are under pressure.
MU Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
MU's revenue, profitability, cash flow and balance sheet are all currently strong.
IE PE Valuation
IE has no meaningful PE right now: it lost money over the past year.
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.
IE Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Stable | |
| -- | |
| Limited | |
| High |
Analysts expect IE's losses to shrink, with revenue holding steady.
MU Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Broad | |
| Moderate |
Analysts expect strong earnings and revenue growth for MU, with profitability improving.
IE Earnings Per Share
IE lost $0.85 per share over the past year, about the same as its loss the year before.
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 IE in the latest year-over-year earnings comparison.
IE Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $708K | +30% |
| Q2 2026 | $724K | -32% |
| Q1 2026 | $858K | +17% |
| Q4 2025 | $896K | -33% |
| Q3 2025 | $545K | -19% |
| Q2 2025 | $1.1M | +99% |
| Q1 2025 | $735K | +104% |
| Q4 2024 | $1.3M | -20% |
IE's revenue is recovering but still below its 2022 peak: $708,000 last quarter, up 30% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -4071% | +257 points |
| Q2 2026 | -2967% | -567 points |
| Q1 2026 | 11277% | +14951 points |
| Q4 2025 | -4168% | -1938 points |
| Q3 2025 | -4328% | +1906 points |
| Q2 2025 | -2400% | +6623 points |
| Q1 2025 | -3674% | +12126 points |
| Q4 2024 | -2229% | +611 points |
IE's operating margin was −4071% last quarter, up 257 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 IE 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 IE on profitability, with a higher operating margin.
IE Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$28.8M | -$1.2M |
| Q2 2026 | -$20.2M | +$1.1M |
| Q1 2026 | -$42.9M | -$27.1M |
| Q4 2025 | -$25.7M | +$6.7M |
| Q3 2025 | -$27.6M | +$9.3M |
| Q2 2025 | -$21.3M | +$23.8M |
| Q1 2025 | -$15.8M | +$34.9M |
| Q4 2024 | -$32.4M | +$11.6M |
IE has burned cash in almost every quarter: −$118M over the past year, against −$97M 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 IE on cash generation, producing positive trailing cash flow while its opponent burns cash.
IE Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.8% | +1.3M shares |
| 1 year | +20% | +26.7M shares |
| 3 years | +52% | +54.7M shares |
| 5 years | +72% | +66.7M shares |
IE has 160M diluted shares, up 20% from a year ago.
| Quarter | Spent |
|---|---|
| Q1 2022 | — |
| Q4 2021 | — |
| Q3 2021 | — |
| Q2 2021 | — |
| Q1 2021 | — |
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 the edge over IE on shareholder dilution, with a more favorable share count trend.
| 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.
IE Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -18.4x | Net Cash |
| Q2 2026 | -15.1x | Net Cash |
| Q1 2026 | -22.2x | Net Cash |
IE has the edge over MU on leverage, with a lower net debt burden relative to earnings.
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 more cash than debt.
IE Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 34.9 | Neutral |
| Stochastic | 8.3 | Oversold |
IE's weekly RSI is 35 (neutral) and its Stochastic is 8 (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).
IE PE vs Technology Sector
IE 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.
IE Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $8.74 | 20% below |
| 20 week MA | $9.43 | 26% below |
| 50 week MA | $12.3 | 43% below |
| 100 week MA | $10.6 | 34% below |
| 200 week MA | $10.8 | 36% below |
IE is in a downtrend: it's below all five of its weekly moving averages, and 36% 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 IE on trend strength, trading above more of its moving averages.
IE Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2022 | $9.01 | $12.2 | +36% |
| 2023 | $12.2 | $10.1 | -18% |
| 2024 | $10.1 | $7.80 | -23% |
| 2025 | $7.80 | $16.9 | +116% |
| 2026 YTD | $16.9 | $6.95 | -59% |
IE has finished lower in two of the last four years. It's down 59% 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 IE on returns for 2026, with the stronger performance.