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.
SONM
DNA X, Inc.
There isn't enough reported data to score SONM yet.
MU Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
MU's revenue, profitability, cash flow and balance sheet are all currently strong.
SONM Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Weak | |
| Unavailable | |
| Strong |
SONM's balance sheet is currently strong, and its revenue is stable, but its profitability is weak. There isn't enough data to rate its cash flow.
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.
SONM PE Valuation
SONM 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.
SONM Forward outlook
There aren't enough analyst estimates for SONM to show an outlook.
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 SONM on earnings quality, reporting a profit while its opponent remains loss making.
SONM Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | -$23.78 | +$90.70 |
| Q1 2026 | -$37.08 | +$88.56 |
| Q4 2025 | -$40.65 | +$99.03 |
| Q3 2025 | -$109.95 | -$57.21 |
| Q2 2025 | -$114.48 | -$72.90 |
| Q1 2025 | -$125.64 | -$111.24 |
| Q4 2024 | -$139.68 | -$139.68 |
| Q3 2024 | -$52.74 | -26470% |
SONM is still losing money, but far less than before: $23.78 per share over the past year, against $2,664.00 at its worst in early 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 has the stronger quarterly revenue trend. Revenue is up 379% for MU versus up 7.9% for SONM.
| 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's operating margin was 81% last quarter, up 48 points from the same quarter a year ago, near the top of its range since 2019.
SONM Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2025 | $16.2M | +7.9% |
| Q2 2025 | $11.2M | -2.8% |
| Q1 2025 | $16.7M | -0.3% |
| Q4 2024 | $15M | +12% |
| Q3 2024 | $15M | -46% |
| Q2 2024 | $11.5M | -57% |
| Q1 2024 | $16.8M | -35% |
| Q4 2023 | $13.4M | -44% |
SONM's revenue is recovering but still below its 2019 peak: $16M last quarter, up 7.9% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2025 | -25% | -8.7 points |
| Q2 2025 | -60% | -4 points |
| Q1 2025 | 3.9% | +20 points |
| Q4 2024 | -148% | -138 points |
| Q3 2024 | -16% | -18 points |
| Q2 2024 | -56% | -59 points |
| Q1 2024 | -16% | -17 points |
| Q4 2023 | -9.3% | -5 points |
SONM's operating margin was −25% last quarter, down 8.7 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 stronger cash trend. Its trailing FCF is up 3,213% versus its history, compared with SONM at up 7.7%.
SONM Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q4 2025 | -$2M | +$2.5M |
| Q4 2024 | -$4.5M | -$4.2M |
| Q3 2024 | -$554K | -$249K |
| Q4 2023 | -$363K | +$1.9M |
| Q3 2023 | -$305K | +$10M |
| Q4 2022 | -$2.2M | +$15.4M |
| Q4 2021 | -$17.6M | -$7.9M |
| Q4 2020 | -$9.7M | -$4.9M |
SONM has burned cash in most quarters: −$12M over the past year, against −$5M 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 SONM 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.
SONM Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +6.8% | +85.8K shares |
| 1 year | +314% | +1M shares |
| 3 years | +574% | +1.2M shares |
| 5 years | +11696% | +1.3M shares |
SONM has 1M diluted shares, up 314% 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.
SONM Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q4 2023 | -3.5x | Net Cash |
| Q3 2023 | -2.6x | Net Cash |
| Q2 2023 | -7.7x | Net Cash |
SONM has more cash than debt.
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).
SONM Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 37.0 | Neutral |
| Stochastic | 7.9 | Oversold |
SONM's weekly RSI is 37 (neutral) and its Stochastic is 8 (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.
SONM PE vs Technology Sector
| Metric | SONM | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 28x | — |
SONM 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 SONM on trend strength, trading above more of its moving averages.
SONM Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $3.15 | 24% below |
| 20 week MA | $3.34 | 29% below |
| 50 week MA | $4.11 | 42% below |
| 100 week MA | $15.1 | 84% below |
| 200 week MA | $65.4 | 96% below |
SONM is in a downtrend: it's below all five of its weekly moving averages, and 96% 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 SONM on returns for 2026, with the stronger performance.
SONM Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $6,606.0 | $1,165.3 | -82% |
| 2021 | $1,165.3 | $180.0 | -85% |
| 2022 | $180.0 | $79.2 | -56% |
| 2023 | $79.2 | $132.3 | +67% |
| 2024 | $132.3 | $55.4 | -58% |
| 2025 | $55.4 | $3.30 | -94% |
| 2026 YTD | $3.30 | $2.38 | -28% |
SONM has finished lower in five of the last six years. It's down 28% so far in 2026.