MU
Micron Technology, Inc.
MU's fundamentals are strong and it looks cheap: trading at 11x earnings, about half its usual 22x. Analysts expect strong earnings growth.
MX
Magnachip Semiconductor Corporation
There isn't enough reported data to score MX yet.
MU Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
MU's revenue, profitability, cash flow and balance sheet are all currently strong.
MX Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Under pressure | |
| Unavailable | |
| Strong |
MX's balance sheet is currently strong, and its revenue is stable, but its profitability is under pressure. There isn't enough data to rate its cash flow.
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.
MX PE Valuation
MX has no meaningful PE right now: it lost money over the past year.
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.
MX Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Growth | |
| Strongly improving | |
| Limited | |
| High |
Analysts expect MX's losses to shrink, with revenue growing.
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 MX on earnings quality, reporting a profit while its opponent remains loss making.
MX Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$0.83 | +$0.20 |
| Q2 2026 | -$0.85 | +$0.08 |
| Q1 2026 | -$0.71 | +$0.57 |
| Q4 2025 | -$0.82 | +$0.62 |
| Q3 2025 | -$1.03 | +$0.15 |
| Q2 2025 | -$0.93 | +$0.12 |
| Q1 2025 | -$1.28 | -$0.48 |
| Q4 2024 | -$1.44 | -$0.55 |
MX is still losing money, but less than at its worst: $0.83 per share over the past year, against $1.44 at its worst in late 2024.
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 MX 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 MX on profitability, with a higher operating margin.
MX Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $44M | -4.3% |
| Q2 2026 | $44.7M | -6.1% |
| Q1 2026 | $46.2M | +3.3% |
| Q4 2025 | $40.6M | -36% |
| Q3 2025 | $45.9M | -31% |
| Q2 2025 | $47.6M | -10% |
| Q1 2025 | $44.7M | -8.9% |
| Q4 2024 | $63M | +24% |
MX's revenue has slid since its 2019 peak: $44M last quarter, down 4.3% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -29% | -4.2 points |
| Q2 2026 | -22% | -6.7 points |
| Q1 2026 | -16% | -1.5 points |
| Q4 2025 | -31% | -5.7 points |
| Q3 2025 | -25% | -8.6 points |
| Q2 2025 | -16% | +8.5 points |
| Q1 2025 | -14% | +13 points |
| Q4 2024 | -25% | +6.4 points |
MX's operating margin was −29% last quarter, down 4.2 points from the same quarter a year ago.
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 stronger cash trend. Its trailing FCF is up 3,213% versus its history, compared with MX at down 517%.
MX Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$28.7M | -$21.2M |
| Q4 2025 | -$4.8M | -209% |
| Q3 2025 | -$7.5M | +$8M |
| Q2 2025 | -$37M | -$35M |
| Q1 2025 | -$4.9M | -$237K |
| Q4 2024 | $4.4M | +$11.9M |
| Q3 2024 | -$15.5M | -1694% |
| Q2 2024 | -$2M | +$9.2M |
MX has burned cash in seven of the last eight quarters: −$78M over the past year, against −$18M the year before.
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 MX 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.
MX Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.5% | +194K shares |
| 1 year | +2% | +715K shares |
| 3 years | -8.7% | -3.5M shares |
| 5 years | -23% | -11.2M shares |
| Available history | -20% | -9.4M shares |
MX has 37M diluted shares, up 2% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | $200,799 |
| Q2 2026 | $25.00 |
| Q1 2026 | $176 |
| Q4 2025 | $41,000 |
| Q3 2025 | $320,000 |
| Q2 2025 | $2.7M |
| Q1 2025 | $1.3M |
| Q4 2024 | $3.4M |
MX spent $242,000 buying back its own shares over the past year, down 97% from the year before.
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.
MX Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q4 2022 | -23.1x | Net Cash |
| Q3 2022 | -3.0x | Net Cash |
| Q2 2022 | -2.4x | Net Cash |
| Q1 2022 | -2.5x | Net Cash |
| Q4 2020 | -4.5x | Net Cash |
| Q3 2020 | -4.8x | Net Cash |
| Q2 2020 | 1.5x | Healthy |
| Q1 2020 | 1.8x | Healthy |
MX has more cash than debt.
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).
MX Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 45.1 | Neutral |
| Stochastic | 19.7 | Oversold |
MX's weekly RSI is 45 (neutral) and its Stochastic is 20 (oversold).
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.
MX PE vs Technology Sector
| Metric | MX | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 28x | — |
MX has no meaningful PE right now: it lost money over the past year.
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 MX on trend strength, trading above more of its moving averages.
MX Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $2.83 | 0.4% below |
| 20 week MA | $3.20 | 12% below |
| 50 week MA | $3.54 | 20% below |
| 100 week MA | $3.53 | 20% below |
| 200 week MA | $5.28 | 47% below |
MX is in a downtrend: it's below all five of its weekly moving averages, and 47% below its 200-week average.
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 MX on returns for 2026, with the stronger performance.
MX Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $11.7 | $13.1 | +12% |
| 2021 | $13.1 | $19.7 | +51% |
| 2022 | $19.7 | $8.71 | -56% |
| 2023 | $8.71 | $7.50 | -14% |
| 2024 | $7.50 | $4.15 | -45% |
| 2025 | $4.15 | $2.64 | -36% |
| 2026 YTD | $2.64 | $2.82 | +6.8% |
MX has finished four years in a row lower, and it's up 6.8% so far in 2026.