IPM
Intelligent Protection Management Corp.
IPM's outlook is improving, though it still trails on the overall score.
MU
Micron Technology, Inc.
MU has the edge over IPM overall, supported by stronger valuation and stronger modeled upside.
IPM Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Under pressure | |
| Healthy | |
| Strong |
IPM's revenue, cash flow and balance sheet are currently healthy, but its profitability is under pressure.
MU Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
MU's revenue, profitability, cash flow and balance sheet are all currently strong.
IPM PE Valuation
IPM 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.
IPM Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Growth | |
| Improving | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for IPM, with profitability improving.
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.
IPM Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.11 | — |
| Q3 2026 | -$0.26 | +$0.44 |
| Q2 2026 | -$0.28 | +$0.50 |
| Q1 2026 | -$0.26 | +$0.54 |
| Q4 2025 | -$0.15 | +$0.76 |
| Q3 2025 | -$0.70 | -$0.36 |
| Q2 2025 | -$0.78 | -$0.58 |
| Q1 2025 | -$0.80 | -$0.71 |
| Q4 2024 | -$0.91 | -$0.79 |
IPM is still losing money, but far less than before: $0.26 per share over the past year, against $1.37 at its worst in early 2020.
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 IPM on earnings quality, reporting a profit while its opponent remains loss making.
IPM Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $11M | +76% |
| Q2 2026 | $6.5M | +13% |
| Q1 2026 | $6.4M | +15% |
| Q3 2025 | $6.2M | +194% |
| Q2 2025 | $5.7M | +157% |
| Q1 2025 | $5.5M | +112% |
| Q3 2024 | $2.1M | -23% |
| Q2 2024 | $2.2M | -25% |
IPM's revenue has grown year over year for seven quarters in a row: $11M last quarter, up 76% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -8.1% | +15 points |
| Q2 2026 | -23% | -3.7 points |
| Q1 2026 | -12% | +12 points |
| Q4 2025 | -13% | N/A |
| Q3 2025 | -23% | +57 points |
| Q2 2025 | -20% | +33 points |
| Q1 2025 | -24% | +5.2 points |
| Q3 2024 | -80% | -66 points |
IPM's operating margin was −8.1% last quarter, up 15 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 IPM 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 IPM on profitability, with a higher operating margin.
IPM Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $5.1M | +3703% |
| Q1 2026 | -$265.9K | -115% |
| Q4 2025 | $87.6K | +$1.6M |
| Q3 2025 | $133K | +$912.7K |
| Q1 2025 | $1.7M | +$2.3M |
| Q2 2024 | -$251.3K | -$57.5K |
| Q1 2024 | -$520.8K | +$282.2K |
| Q2 2023 | -$193.8K | +$217.2K |
IPM's free cash flow has turned positive after three years mostly in the red: $4M over the past year.
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 IPM on cash flow, with more consistent year-over-year improvement.
IPM Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | -- |
| 1 year | -1.3% | -166K shares |
| 3 years | +41% | +3.8M shares |
| 5 years | +89% | +6.1M shares |
| Available history | +90% | +6.2M shares |
IPM has the edge over MU on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q4 2024 | — |
| Q3 2023 | — |
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.
IPM Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q4 2020 | -2.8x | Net Cash |
IPM has more cash than debt.
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.
IPM Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 48.4 | Neutral |
| Stochastic | 42.7 | Neutral |
IPM's weekly RSI is 48 (neutral) and its Stochastic is 43 (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).
IPM PE vs Technology Sector
| Metric | IPM | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 28x | — |
IPM 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.
IPM Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $1.72 | 1.7% above |
| 20 week MA | $1.79 | 2.2% below |
| 50 week MA | $1.78 | 1.7% below |
| 100 week MA | $1.86 | 5.9% below |
| 200 week MA | $2.33 | 25% below |
IPM has bounced recently, but its long-term trend is still down: it's above its 8-week average, but 25% 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 IPM on trend strength, trading above more of its moving averages.
IPM Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $1.07 | $1.50 | +40% |
| 2021 | $1.50 | $3.15 | +110% |
| 2022 | $3.15 | $1.48 | -53% |
| 2023 | $1.48 | $2.34 | +58% |
| 2024 | $2.34 | $2.15 | -8.1% |
| 2025 | $2.15 | $1.76 | -18% |
| 2026 YTD | $1.76 | $1.75 | -0.6% |
IPM's yearly returns have swung widely, from +110% in 2021 to −53% in 2022. It's down 0.6% 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 IPM on returns for 2026, with the stronger performance.