MU
Micron Technology, Inc.
MU has the edge over PSFE overall, supported by stronger fundamentals and stronger valuation.
PSFE
Paysafe Limited
PSFE'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.
PSFE Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Weak | |
| Healthy | |
| Weak |
PSFE's cash flow is currently healthy, and its revenue is stable, but its profitability and balance sheet are weak.
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.
PSFE PE Valuation
PSFE 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.
PSFE Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Growth | |
| Improving | |
| Limited | |
| Low |
Analysts expect earnings and revenue growth for PSFE, 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 edge over PSFE on earnings quality, reporting a profit while its opponent remains loss making.
PSFE Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $2.12 | — |
| Q3 2026 | -$7.02 | -$4.86 |
| Q2 2026 | -$3.80 | -$2.95 |
| Q1 2026 | -$3.52 | -$3.50 |
| Q4 2025 | -$3.14 | -972% |
| Q3 2025 | -$2.16 | -$1.78 |
| Q2 2025 | -$0.85 | -$0.64 |
| Q1 2025 | -$0.02 | +$0.20 |
| Q4 2024 | $0.36 | +$0.69 |
PSFE lost $7.02 per share over the past year, and its loss has widened in each of the last seven 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 PSFE 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 PSFE on profitability, with a higher operating margin.
PSFE Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $439.6M | +1.3% |
| Q2 2026 | $447.4M | +4.5% |
| Q1 2026 | $442.7M | +10% |
| Q4 2025 | $438.4M | +4.4% |
| Q3 2025 | $433.8M | +1.6% |
| Q2 2025 | $428.2M | -2.7% |
| Q1 2025 | $401M | -4% |
| Q4 2024 | $420.1M | +1.3% |
PSFE's revenue has grown year over year for five quarters in a row: $440M last quarter, up 1.3% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -42% | -51 points |
| Q2 2026 | -2.8% | -7.6 points |
| Q1 2026 | 0.2% | -2.3 points |
| Q4 2025 | 0.5% | -6.6 points |
| Q3 2025 | 9% | +0.9 points |
| Q2 2025 | 4.8% | -3.5 points |
| Q1 2025 | 2.6% | -5.3 points |
| Q4 2024 | 7% | -4.1 points |
PSFE's operating margin was −42% last quarter, down 51 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 PSFE on cash flow, with more consistent year-over-year improvement.
PSFE Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $28.4M | -58% |
| Q2 2026 | $24.5M | -33% |
| Q1 2026 | $63.3M | +32% |
| Q4 2025 | $71.8M | +32% |
| Q3 2025 | $66.9M | -15% |
| Q2 2025 | $36.8M | -26% |
| Q1 2025 | $48.2M | -13% |
| Q4 2024 | $54.4M | -91% |
PSFE still generates free cash flow, though less than at its 2022 peak: $188M 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.
PSFE Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.1% | -50.2K shares |
| 1 year | -9.3% | -5.4M shares |
| 3 years | -15% | -9.4M shares |
| 5 years | -13% | -8.1M shares |
| Available history | -13% | -8.1M shares |
PSFE has the edge over MU on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q4 2020 | — |
| Q3 2020 | — |
| Q2 2020 | — |
| Q1 2020 | — |
| Q4 2019 | — |
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 PSFE on leverage, with a lower net debt burden relative to earnings.
PSFE Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 27.8x | High |
| Q2 2026 | 7.4x | High |
| Q1 2026 | 6.6x | High |
| Q4 2025 | 6.8x | High |
| Q3 2025 | 6.1x | High |
| Q2 2025 | 6.2x | High |
| Q1 2025 | 5.6x | High |
| Q4 2024 | 5.3x | High |
PSFE's net debt is more than 20 years of its operating earnings (EBITDA), up from 6.1 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).
PSFE Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 32.0 | Neutral |
| Stochastic | 18.1 | Oversold |
PSFE's weekly RSI is 32 (neutral) and its Stochastic is 18 (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.
PSFE PE vs Technology Sector
PSFE 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 PSFE on trend strength, trading above more of its moving averages.
PSFE Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $5.65 | 32% below |
| 20 week MA | $6.64 | 42% below |
| 50 week MA | $7.17 | 46% below |
| 100 week MA | $10.7 | 64% below |
| 200 week MA | $13.3 | 71% below |
PSFE is in a downtrend: it's below all five of its weekly moving averages, and 71% 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 PSFE on returns for 2026, with the stronger performance.
PSFE Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $119.4 | $182.8 | +53% |
| 2021 | $182.8 | $48.8 | -73% |
| 2022 | $48.8 | $12.8 | -74% |
| 2023 | $12.8 | $12.8 | -0.2% |
| 2024 | $12.8 | $17.4 | +36% |
| 2025 | $17.4 | $8.03 | -54% |
| 2026 YTD | $8.03 | $3.87 | -52% |
PSFE has finished lower in four of the last six years. It's down 52% so far in 2026.