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.
NCTY
The9 Limited
There isn't enough reported data to score NCTY yet.
MU Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
MU's revenue, profitability, cash flow and balance sheet are all currently strong.
NCTY Fundamentals
| Metric | Status |
|---|---|
| Unavailable | |
| Unavailable | |
| Unavailable | |
| Unavailable |
There isn't enough reported data to rate NCTY's fundamentals.
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.
NCTY PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 1.3x | $2.73 | — |
| Cheap | 3.4x | N/A | N/A |
| Fair | 5x | N/A | N/A |
| Expensive | 6.6x | N/A | N/A |
Historical ranges are pointers, not guarantees.
NCTY's PE is 1.3x, but its earnings don't support one, so it isn't a reliable read right now.
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.
NCTY Forward outlook
There aren't enough analyst estimates for NCTY to show an outlook.
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's earnings per share have climbed steadily: $74.33 over the past year, about 10 times what it earned the year before, and higher year over year for 10 quarters in a row.
NCTY Earnings Per Share
NCTY and MU do not have enough comparable growth data to identify a winner.
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 NCTY in the latest year-over-year revenue comparison.
| 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 NCTY on profitability, with a higher operating margin.
NCTY Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $2.7M | -71% |
| Q4 2025 | $6.8M | +125% |
| Q2 2025 | $9.2M | -34% |
| Q4 2024 | $3M | -76% |
| Q2 2024 | $13.9M | -4.4% |
| Q4 2023 | $12.3M | +31% |
| Q2 2023 | $14.6M | +112% |
| Q4 2022 | $9.4M | +520% |
NCTY's revenue has slid since its 2021 peak: $3M last quarter, down 81% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | -1077% | -1020 points |
| Q4 2025 | -399% | -353 points |
| Q2 2025 | -111% | +178 points |
| Q4 2024 | -549% | -281 points |
| Q2 2024 | -57% | +491 points |
| Q4 2023 | -46% | +2161 points |
| Q2 2023 | -289% | -214 points |
| Q4 2022 | -267% | -2386 points |
NCTY's operating margin was −1077% last quarter, down 1020 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 generated $59B in free cash flow over the past year, more than ten times what it generated the year before.
NCTY Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | -$4.2M | -465% |
| Q4 2025 | -$5M | +$4.4M |
| Q2 2025 | $1.2M | +$1.2M |
| Q4 2024 | -$9.3M | -$9.3M |
| Q2 2024 | $0 | $0 |
| Q4 2023 | $0 | -100% |
| Q2 2023 | $0 | $0 |
| Q4 2020 | -$6.7M | -$1.1M |
NCTY's free cash flow was −$17M over the past year, against $30M 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 NCTY 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.
NCTY Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -31% | -4.7M shares |
| 1 year | +148% | +6.3M shares |
| 3 years | +2363% | +10.1M shares |
| 5 years | +13503% | +10.5M shares |
| Available history | +12768% | +10.5M shares |
NCTY has 11M diluted shares, up 148% from a year ago.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q4 2025 | — |
| Q2 2025 | — |
| Q4 2024 | — |
| Q2 2024 | — |
| Q4 2023 | — |
| Q2 2023 | — |
| Q4 2022 | — |
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.
NCTY Net Leverage
NCTY's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
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).
NCTY Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 35.0 | Neutral |
| Stochastic | 3.9 | Oversold |
NCTY's weekly RSI is 35 (neutral) and its Stochastic is 4 (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.
NCTY PE vs Technology Sector
| Metric | NCTY | Sector median | Relative |
|---|---|---|---|
| PE | 1.3x | 28x | 96% below |
| PE % | 3 | 35 | 32 pts below |
NCTY has the edge over MU on valuation relative to its sector.
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 NCTY on trend strength, trading above more of its moving averages.
NCTY Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $3.17 | 14% below |
| 20 week MA | $3.93 | 31% below |
| 50 week MA | $5.10 | 46% below |
| 100 week MA | $8.04 | 66% below |
| 200 week MA | $8.03 | 66% below |
NCTY is in a downtrend: it's below all five of its weekly moving averages, and 66% 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 NCTY on returns for 2026, with the stronger performance.
NCTY Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $92.0 | $28.9 | -69% |
| 2021 | $28.9 | $81.1 | +181% |
| 2022 | $81.1 | $6.20 | -92% |
| 2023 | $6.20 | $7.49 | +21% |
| 2024 | $7.49 | $15.7 | +110% |
| 2025 | $15.7 | $7.04 | -55% |
| 2026 YTD | $7.04 | $2.73 | -61% |
NCTY's yearly returns have swung widely, from +181% in 2021 to −92% in 2022. It's down 61% so far in 2026.