MU
Micron Technology, Inc.
MU has the edge over NVTS overall, supported by stronger fundamentals and stronger valuation.
NVTS
Navitas Semiconductor Corporation
NVTS trails on the overall score without a compensating advantage in the available component scores.
MU Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
MU's revenue, profitability, cash flow and balance sheet are all currently strong.
NVTS Fundamentals
| Metric | Status |
|---|---|
| Under pressure | |
| Weak | |
| Weak | |
| Unavailable |
NVTS's revenue, profitability and cash flow are currently under pressure. There isn't enough data to rate its balance sheet.
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.
NVTS PE Valuation
NVTS 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.
NVTS Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses growing | |
| Strong growth | |
| -- | |
| Limited | |
| High |
Analysts expect NVTS's losses to grow, 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 NVTS on earnings quality, reporting a profit while its opponent remains loss making.
NVTS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$1.38 | -$0.73 |
| Q2 2026 | -$1.33 | -$0.67 |
| Q1 2026 | -$0.63 | -$0.10 |
| Q4 2025 | -$0.57 | -$0.11 |
| Q3 2025 | -$0.65 | -$0.25 |
| Q2 2025 | -$0.66 | -$0.40 |
| Q1 2025 | -$0.53 | -$0.04 |
| Q4 2024 | -$0.46 | +$0.40 |
NVTS lost $1.38 per share over the past year, and its loss has widened in each of the last three quarters.
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 NVTS 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 NVTS on profitability, with a higher operating margin.
NVTS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $14M | +38% |
| Q2 2026 | $10.5M | -27% |
| Q1 2026 | $8.6M | -39% |
| Q4 2025 | $7.3M | -59% |
| Q3 2025 | $10.1M | -53% |
| Q2 2025 | $14.5M | -29% |
| Q1 2025 | $14M | -40% |
| Q4 2024 | $18M | -31% |
NVTS's revenue is recovering but still below its 2023 peak: $14M last quarter, up 38% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -246% | -54 points |
| Q2 2026 | -258% | -109 points |
| Q1 2026 | -323% | -142 points |
| Q4 2025 | -567% | -351 points |
| Q3 2025 | -192% | -58 points |
| Q2 2025 | -149% | +2.7 points |
| Q1 2025 | -181% | -44 points |
| Q4 2024 | -217% | -114 points |
NVTS's operating margin was −246% last quarter, down 54 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 NVTS on cash generation, producing positive trailing cash flow while its opponent burns cash.
NVTS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$19.3M | -$8.6M |
| Q2 2026 | -$32.2M | -$20.3M |
| Q1 2026 | -$16.8M | -$3.2M |
| Q4 2025 | -$8.2M | +$2.6M |
| Q3 2025 | -$10.7M | +$3.6M |
| Q2 2025 | -$11.9M | +$6M |
| Q1 2025 | -$13.6M | +$9.1M |
| Q4 2024 | -$10.8M | +$13.3M |
NVTS has burned cash in almost every quarter: −$76M over the past year, against −$47M 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 NVTS 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.
NVTS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +8.7% | +20.9M shares |
| 1 year | +23% | +48.8M shares |
| 3 years | +41% | +75.9M shares |
| 5 years | +1176% | +241M shares |
NVTS has 262M diluted shares, up 23% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2023 | — |
| Q3 2023 | — |
| Q2 2023 | — |
| Q1 2023 | — |
| Q4 2022 | — |
| Q3 2022 | — |
| Q2 2022 | — |
| Q1 2022 | $550,000 |
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.
NVTS Net Leverage
NVTS'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).
NVTS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 42.1 | Neutral |
| Stochastic | 16.1 | Oversold |
NVTS's weekly RSI is 42 (neutral) and its Stochastic is 16 (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.
NVTS PE vs Technology Sector
NVTS 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 NVTS on trend strength, trading above more of its moving averages.
NVTS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $9.84 | 2.8% below |
| 20 week MA | $11.4 | 16% below |
| 50 week MA | $12.6 | 24% below |
| 100 week MA | $9.01 | 6.1% above |
| 200 week MA | $7.35 | 30% above |
NVTS has pulled back, but its long-term trend is still up: it's below its 8-, 20- and 50-week averages, but 30% 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 NVTS on returns for 2026, with the stronger performance.
NVTS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $10.7 | $15.0 | +41% |
| 2022 | $15.0 | $3.48 | -77% |
| 2023 | $3.48 | $8.07 | +132% |
| 2024 | $8.07 | $4.03 | -50% |
| 2025 | $4.03 | $7.40 | +84% |
| 2026 YTD | $7.40 | $9.56 | +29% |
NVTS's yearly returns have swung widely, from +132% in 2023 to −77% in 2022. It's up 29% so far in 2026.