MU
Micron Technology, Inc.
MU has the edge over NTNX overall, supported by stronger valuation and stronger fundamentals.
NTNX
Nutanix, Inc.
NTNX'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.
NTNX Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Strong | |
| Healthy |
NTNX's revenue, profitability, cash flow and balance sheet are all currently healthy.
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.
NTNX PE Valuation
NTNX 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.
NTNX Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Growth | |
| Improving | |
| Moderate | |
| Low |
Analysts expect earnings and revenue growth for NTNX, with profitability improving. However, they disagree widely on these estimates.
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 stronger earnings trend. Trailing diluted EPS is up 879% for MU versus NTNX down 83%.
NTNX Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $2.36 | +23489% |
| Q2 2025 | $0.01 | +$0.07 |
| Q1 2025 | -$0.27 | +$0.03 |
| Q4 2024 | -$0.34 | +$0.39 |
| Q3 2024 | -$0.51 | +$0.58 |
| Q2 2024 | -$0.06 | +$1.62 |
| Q1 2024 | -$0.30 | +$1.58 |
| Q4 2023 | -$0.73 | +$1.37 |
| Q3 2023 | -$1.09 | +$2.53 |
NTNX has returned to profit: it earned $0.01 per share over the past year, after losing money the year before.
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 NTNX on sales, with stronger typical year-over-year growth.
| 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 NTNX on profitability, with a higher operating margin.
NTNX Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $757.1M | +16% |
| Q2 2026 | $703.1M | +10% |
| Q1 2026 | $722.8M | +10% |
| Q4 2025 | $670.6M | +13% |
| Q3 2025 | $653.3M | +19% |
| Q2 2025 | $639M | +22% |
| Q1 2025 | $654.7M | +16% |
| Q4 2024 | $591M | +16% |
NTNX's revenue has grown year over year for 16 quarters in a row: $757M last quarter, up 16% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 9.2% | +4.5 points |
| Q2 2026 | 10% | +2.4 points |
| Q1 2026 | 12% | +1.7 points |
| Q4 2025 | 7.4% | +2.8 points |
| Q3 2025 | 4.8% | +7 points |
| Q2 2025 | 7.6% | +9.8 points |
| Q1 2025 | 10% | +3.4 points |
| Q4 2024 | 4.6% | +5.7 points |
NTNX's operating margin was 9.2% last quarter, up 4.5 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 edge over NTNX on cash flow, with more consistent year-over-year improvement.
NTNX Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $277.6M | +34% |
| Q2 2026 | $197.2M | -3.1% |
| Q1 2026 | $191.4M | +2.3% |
| Q4 2025 | $174.5M | +15% |
| Q3 2025 | $207.8M | -7.3% |
| Q2 2025 | $203.4M | +160% |
| Q1 2025 | $187.1M | +15% |
| Q4 2024 | $151.9M | +15% |
NTNX generated $841M in free cash flow over the past year, up 12% from 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 NTNX 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.
NTNX Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -18% | -52.8M shares |
| 1 year | +6% | +13.8M shares |
| 3 years | +21% | +42.7M shares |
NTNX has 246M diluted shares, up 6% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | $50.3M |
| Q2 2026 | $50.1M |
| Q1 2026 | $332.9M |
| Q4 2025 | $50.2M |
| Q3 2025 | $50M |
| Q2 2025 | $37.8M |
| Q1 2025 | $200M |
| Q4 2024 | $20.1M |
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 NTNX on leverage, with a lower net debt burden relative to earnings.
NTNX Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 1.7x | Healthy |
| Q2 2026 | 2.1x | Moderate |
| Q1 2026 | 2.6x | Moderate |
| Q4 2025 | 2.1x | Moderate |
| Q3 2025 | 2.3x | Moderate |
| Q2 2025 | 2.3x | Moderate |
| Q1 2025 | 1.9x | Healthy |
| Q4 2024 | -1.3x | Net Cash |
NTNX's net debt is about 1.7 years of its operating earnings (EBITDA), down from 2.3 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).
NTNX Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 49.4 | Neutral |
| Stochastic | 25.2 | Neutral |
NTNX's weekly RSI is 49 (neutral) and its Stochastic is 25 (neutral).
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.
NTNX PE vs Technology Sector
| Metric | NTNX | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 28x | — |
NTNX 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 NTNX on trend strength, trading above more of its moving averages.
NTNX Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $67.4 | 9.6% below |
| 20 week MA | $64.2 | 5.2% below |
| 50 week MA | $52.4 | 16% above |
| 100 week MA | $61.2 | 0.6% below |
| 200 week MA | $53.6 | 14% above |
NTNX's trend is mixed: it's above two of its five weekly moving averages, and 14% above 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 NTNX on returns for 2026, with the stronger performance.
NTNX Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $31.7 | $33.2 | +4.7% |
| 2021 | $33.2 | $32.5 | -2.3% |
| 2022 | $32.5 | $25.7 | -21% |
| 2023 | $25.7 | $47.7 | +86% |
| 2024 | $47.7 | $62.5 | +31% |
| 2025 | $62.5 | $52.8 | -15% |
| 2026 YTD | $52.8 | $60.9 | +15% |
NTNX has finished lower in three of the last six years. It's up 15% so far in 2026.