MU
Micron Technology, Inc.
MU has the edge over NSIT overall, supported by stronger valuation and stronger modeled upside.
NSIT
Insight Enterprises, Inc.
NSIT's outlook is improving, though it still trails on the overall score.
MU Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
MU's revenue, profitability, cash flow and balance sheet are all currently strong.
NSIT Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Under pressure | |
| Stable |
NSIT's revenue and profitability are currently healthy, and its balance sheet is stable, but its cash flow is under pressure.
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 has the edge over NSIT in the historical PE scenario, which offers more potential upside but is not a forecast.
NSIT PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 12x | $173 | — |
| Cheap | 14x | $82.00 | -53% |
| Fair | 19x | $110 | -36% |
| Expensive | 25x | $144 | -17% |
| Current | 30x | $173 | — |
Historical ranges are pointers, not guarantees.
NSIT's PE is in its expensive range at 30x. If earnings grow as analysts expect, today's price would be 12x next year's earnings, in its cheap range.
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.
NSIT Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Growth | |
| Improving | |
| Limited | |
| Moderate |
Analysts expect earnings and revenue growth for NSIT, with profitability improving.
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 NSIT on earnings, with more consistent year-over-year improvement.
NSIT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $14.32 | +145% |
| Q3 2026 | $5.84 | +35% |
| Q2 2026 | $6.72 | +59% |
| Q1 2026 | $5.61 | +12% |
| Q4 2025 | $4.86 | -26% |
| Q3 2025 | $4.32 | -46% |
| Q2 2025 | $4.22 | -48% |
| Q1 2025 | $5.03 | -37% |
| Q4 2024 | $6.55 | -13% |
NSIT's earnings per share have fallen from their peak: $5.84 over the past year, against $8.05 in mid-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 NSIT 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 NSIT on profitability, with a higher operating margin.
NSIT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $2.4B | +22% |
| Q2 2026 | $2.4B | +15% |
| Q1 2026 | $2.1B | +1.2% |
| Q4 2025 | $2B | -1.2% |
| Q3 2025 | $2B | -4% |
| Q2 2025 | $2.1B | -3.2% |
| Q1 2025 | $2.1B | -12% |
| Q4 2024 | $2.1B | -7.3% |
NSIT's revenue is growing: $2.4B last quarter, up 22% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 2.8% | -1.8 points |
| Q2 2026 | 5.5% | +1.3 points |
| Q1 2026 | 3.4% | +0.5 points |
| Q4 2025 | 4.7% | +1.5 points |
| Q3 2025 | 4.6% | +0.2 points |
| Q2 2025 | 4.1% | -1.9 points |
| Q1 2025 | 2.9% | -1.3 points |
| Q4 2024 | 3.1% | -2.8 points |
NSIT's operating margin was 2.8% last quarter, down 1.8 points from the same quarter a year ago, near the bottom of its range since 2019.
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 NSIT on cash flow, with more consistent year-over-year improvement.
NSIT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $121.3M | -50% |
| Q2 2026 | -$20.1M | +$161.8M |
| Q1 2026 | $26.4M | -63% |
| Q4 2025 | $146.8M | -27% |
| Q3 2025 | $243.5M | +119% |
| Q2 2025 | -$181.9M | -641% |
| Q1 2025 | $70.9M | -71% |
| Q4 2024 | $200.7M | +2.6% |
NSIT still generates free cash flow, though less than at its 2020 peak: $274M over the past year.
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.
NSIT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.1% | -330K shares |
| 1 year | -5.4% | -1.7M shares |
| 3 years | -20% | -7.4M shares |
| 5 years | -19% | -6.9M shares |
| Available history | -17% | -5.9M shares |
NSIT has the edge over MU on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $75M |
| Q2 2026 | $75M |
| Q1 2026 | $75M |
| Q4 2025 | — |
| Q3 2025 | $75M |
| Q2 2025 | $76.1M |
| Q1 2025 | — |
| Q4 2024 | — |
NSIT spent $225M buying back its own shares over the past year, up 49% 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 the edge over NSIT on leverage, with a lower net debt burden relative to earnings.
NSIT Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 2.3x | Moderate |
| Q2 2026 | 2.2x | Moderate |
| Q1 2026 | 2.3x | Moderate |
| Q4 2025 | 2.3x | Moderate |
| Q3 2025 | 2.1x | Moderate |
| Q2 2025 | 2.5x | Moderate |
| Q1 2025 | 1.4x | Healthy |
| Q4 2024 | 1.2x | Healthy |
NSIT's net debt is about 2.3 years of its operating earnings (EBITDA), up from 2.1 years a year ago.
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).
NSIT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 65.8 | Neutral |
| Stochastic | 71.8 | Neutral |
NSIT's weekly RSI is 66 (neutral) and its Stochastic is 72 (neutral).
MU PE vs Technology Sector
| Metric | MU | Sector median | Relative |
|---|---|---|---|
| PE | 11x | 28x | 61% below |
| PE % | 18 | 35 | 17 pts below |
MU has the edge over NSIT on valuation relative to its sector.
NSIT PE vs Technology Sector
| Metric | NSIT | Sector median | Relative |
|---|---|---|---|
| PE | 30x | 28x | 6.2% above |
| PE % | 99 | 35 | 64 pts above |
NSIT is trading at 30x earnings, in line with the Technology sector's median of 28x.
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 pulled back, but its long-term trend is still up: it's below its 8- and 20-week averages, but 225% above its 200-week average.
NSIT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $165.6 | 4.4% above |
| 20 week MA | $150.4 | 15% above |
| 50 week MA | $111.8 | 55% above |
| 100 week MA | $122.9 | 41% above |
| 200 week MA | $145.2 | 19% above |
NSIT has the edge over MU on trend strength, trading above more of its moving averages.
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 NSIT on returns for 2026, with the stronger performance.
NSIT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $70.8 | $74.6 | +5.3% |
| 2021 | $74.6 | $103.2 | +38% |
| 2022 | $103.2 | $98.4 | -4.7% |
| 2023 | $98.4 | $177.2 | +80% |
| 2024 | $177.2 | $152.1 | -14% |
| 2025 | $152.1 | $83.5 | -45% |
| 2026 YTD | $83.5 | $172.9 | +107% |
NSIT is up 107% so far in 2026, after finishing lower in three of the previous six years.