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.
QUBT
Quantum Computing, Inc.
There isn't enough reported data to score QUBT yet.
MU Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
MU's revenue, profitability, cash flow and balance sheet are all currently strong.
QUBT Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Weak | |
| Weak | |
| Unavailable |
QUBT's revenue is currently strong, but its profitability and cash flow are weak. 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.
QUBT PE Valuation
QUBT 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.
QUBT Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses growing | |
| Strong growth | |
| -- | |
| Limited | |
| Low |
Analysts expect QUBT's losses to grow, with revenue growing. 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 QUBT down 281%.
QUBT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2025 | -$0.67 | -$0.30 |
| Q2 2025 | -$0.74 | -$0.34 |
| Q1 2025 | -$0.54 | -$0.15 |
| Q4 2024 | -$0.73 | -$0.31 |
QUBT is still losing money, but far less than before: $0.67 per share over the past year, against $1.70 at its worst in late 2020.
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's revenue has grown year over year for 12 quarters in a row: $54.2B last quarter, up 379% from the same quarter a year ago.
| 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 QUBT on profitability, with a higher operating margin.
QUBT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $9.5M | +2374% |
| Q2 2026 | $5.6M | +9000% |
| Q1 2026 | $3.7M | +9364% |
| Q4 2025 | $198K | +219% |
| Q3 2025 | $384K | +280% |
| Q2 2025 | $61K | -67% |
| Q1 2025 | $39K | +44% |
| Q4 2024 | $62K | -17% |
QUBT's revenue has grown year over year for five quarters in a row: $10M last quarter, up 2374% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -301% | +2409 points |
| Q2 2026 | -415% | +16259 points |
| Q1 2026 | -557% | +20689 points |
| Q4 2025 | -11220% | +3157 points |
| Q3 2025 | -2709% | +2675 points |
| Q2 2025 | -16674% | -13796 points |
| Q1 2025 | -21246% | +2158 points |
| Q4 2024 | -14377% | -5120 points |
QUBT's operating margin was −301% last quarter, up 2408 points from the same quarter a year ago, near the top of its range since 2022.
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 QUBT on cash generation, producing positive trailing cash flow while its opponent burns cash.
QUBT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$21.2M | -$9.6M |
| Q2 2026 | -$16.5M | -$9.4M |
| Q1 2026 | -$11.2M | -$5.1M |
| Q4 2025 | -$12.2M | -$5.5M |
| Q3 2025 | -$11.5M | -$6.4M |
| Q2 2025 | -$7.1M | -$2M |
| Q1 2025 | -$6.2M | -$737K |
| Q4 2024 | -$6.6M | -$3M |
QUBT has burned cash in almost every quarter: −$61M over the past year, against −$31M 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 QUBT 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.
QUBT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.3% | +716K shares |
| 1 year | +59% | +84M shares |
| 3 years | +565% | +192M shares |
| 5 years | +2430% | +217M shares |
QUBT has 225M diluted shares, up 59% from a year ago.
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.
QUBT Net Leverage
QUBT'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).
QUBT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 34.7 | Neutral |
| Stochastic | 15.2 | Oversold |
QUBT's weekly RSI is 35 (neutral) and its Stochastic is 15 (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.
QUBT PE vs Technology Sector
QUBT 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 QUBT on trend strength, trading above more of its moving averages.
QUBT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $7.03 | 17% below |
| 20 week MA | $7.86 | 26% below |
| 50 week MA | $8.97 | 35% below |
| 100 week MA | $11.2 | 48% below |
| 200 week MA | $6.22 | 6.4% below |
QUBT is in a downtrend: it's below all five of its weekly moving averages, and 6.4% 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 QUBT on returns for 2026, with the stronger performance.
QUBT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $3.00 | $11.5 | +283% |
| 2021 | $11.5 | $3.83 | -67% |
| 2022 | $3.83 | $1.56 | -59% |
| 2023 | $1.56 | $0.91 | -42% |
| 2024 | $0.91 | $18.4 | +1916% |
| 2025 | $18.4 | $10.7 | -42% |
| 2026 YTD | $10.7 | $5.82 | -45% |
QUBT's yearly returns have swung widely, from +1916% in 2024 to −67% in 2021. It's down 45% so far in 2026.