MU
Micron Technology, Inc.
MU has the edge over TEAM overall, supported by stronger valuation and stronger modeled upside.
TEAM
Atlassian Corporation
TEAM 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.
TEAM Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Strong | |
| Strong |
TEAM'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.
TEAM PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 28x | $152 | — |
| Current | 448x | $152 | — |
| Cheap | 449x | $153 | +0.2% |
| Fair | 450x | $153 | +0.5% |
| Expensive | 451x | $153 | +0.8% |
Historical ranges are pointers, not guarantees.
TEAM has the edge over MU in the historical PE scenario, which offers more potential upside but is not a forecast.
MU Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Broad | |
| Moderate |
MU has the edge over TEAM on the outlook, with more favorable earnings and profitability expectations.
TEAM Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Stable | |
| Growth | |
| Strongly weakening | |
| Moderate | |
| Moderate |
Analysts expect TEAM's revenue to grow, but its profitability to weaken.
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 TEAM on earnings, with more consistent year-over-year improvement.
TEAM Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $5.45 | +1503% |
| Q3 2026 | $0.34 | +$1.04 |
| Q2 2026 | -$0.21 | +$0.77 |
| Q1 2026 | -$0.82 | +$0.84 |
| Q4 2025 | -$0.71 | +$0.63 |
| Q3 2025 | -$0.70 | +$0.82 |
| Q2 2025 | -$0.98 | +$0.18 |
| Q1 2025 | -$1.66 | -$1.02 |
| Q4 2024 | -$1.34 | +$0.16 |
TEAM has returned to profit: it earned $0.34 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 TEAM 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 TEAM on profitability, with a higher operating margin.
TEAM Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1.8B | +24% |
| Q2 2026 | $1.8B | +28% |
| Q1 2026 | $1.8B | +32% |
| Q4 2025 | $1.6B | +23% |
| Q3 2025 | $1.4B | +21% |
| Q2 2025 | $1.4B | +22% |
| Q1 2025 | $1.4B | +14% |
| Q4 2024 | $1.3B | +21% |
TEAM's revenue has grown year over year every quarter since late 2020: $1.8B last quarter, up 24% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 11% | +17 points |
| Q2 2026 | 12% | +14 points |
| Q1 2026 | -3.1% | -2.2 points |
| Q4 2025 | -3% | +1.5 points |
| Q3 2025 | -6.7% | -4 points |
| Q2 2025 | -2.1% | +3.9 points |
| Q1 2025 | -0.9% | -2.4 points |
| Q4 2024 | -4.5% | +0.2 points |
TEAM's operating margin was 11% last quarter, up 17 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 TEAM on cash flow, with more consistent year-over-year improvement.
TEAM Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $462.6M | +304% |
| Q2 2026 | $474.7M | +32% |
| Q1 2026 | $561.3M | -12% |
| Q4 2025 | $168.5M | -51% |
| Q3 2025 | $114.6M | +54% |
| Q2 2025 | $360.3M | -13% |
| Q1 2025 | $638.3M | +15% |
| Q4 2024 | $342.6M | +21% |
TEAM's free cash flow has been positive every quarter for seven years: $1.7B over the past year, up 15% 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 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.
TEAM Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.3% | -3.3M shares |
| 1 year | -2.3% | -6.1M shares |
| 3 years | -0.4% | -1.1M shares |
| 5 years | +1.9% | +4.7M shares |
| Available history | +2.3% | +5.9M shares |
TEAM has the edge over MU on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $588M |
| Q2 2026 | $359.3M |
| Q1 2026 | $990.9M |
| Q4 2025 | $197.4M |
| Q3 2025 | $252.8M |
| Q2 2025 | $392.3M |
| Q1 2025 | $134.3M |
| Q4 2024 | $69.2M |
TEAM spent $2.1B buying back its own shares over the past year, up 152% from the year before.
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.
TEAM Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.3x | Net Cash |
| Q2 2026 | -1.7x | Net Cash |
TEAM 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).
TEAM Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 49.1 | Neutral |
| Stochastic | 40.5 | Neutral |
TEAM's weekly RSI is 49 (neutral) and its Stochastic is 41 (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.
TEAM PE vs Technology Sector
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 TEAM on trend strength, trading above more of its moving averages.
TEAM Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $189.4 | 20% below |
| 20 week MA | $160.2 | 4.9% below |
| 50 week MA | $124.4 | 22% above |
| 100 week MA | $165.5 | 8% below |
| 200 week MA | $176.3 | 14% below |
TEAM's trend is mixed: it's above one of its five weekly moving averages, and 14% 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 TEAM on returns for 2026, with the stronger performance.
TEAM Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $121.1 | $241.8 | +100% |
| 2021 | $241.8 | $387.9 | +60% |
| 2022 | $387.9 | $127.2 | -67% |
| 2023 | $127.2 | $237.9 | +87% |
| 2024 | $237.9 | $250.1 | +5.2% |
| 2025 | $250.1 | $163.2 | -35% |
| 2026 YTD | $163.2 | $152.3 | -6.7% |
TEAM has finished higher in four of the last six years, three of them by more than 50%. It's down 6.7% so far in 2026.