MU
Micron Technology, Inc.
MU has the edge over UEIC overall, supported by stronger fundamentals and stronger valuation.
UEIC
Universal Electronics Inc.
UEIC'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.
UEIC Fundamentals
| Metric | Status |
|---|---|
| Under pressure | |
| Stable | |
| Under pressure | |
| Healthy |
UEIC's balance sheet is currently healthy, and its profitability is stable, but its revenue and cash flow are under pressure.
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.
UEIC PE Valuation
UEIC 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 |
MU has the edge over UEIC on the outlook, with more favorable revenue expectations.
UEIC Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Stable | |
| Improving | |
| Limited | |
| High |
Analysts expect UEIC's earnings to grow and its profitability to improve, with its revenue holding steady.
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 UEIC on earnings quality, reporting a profit while its opponent remains loss making.
UEIC Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.40 | — |
| Q3 2026 | -$0.58 | +$1.09 |
| Q2 2026 | -$1.17 | +$0.08 |
| Q1 2026 | -$1.51 | +$0.15 |
| Q4 2025 | -$1.41 | +$0.44 |
| Q3 2025 | -$1.67 | +$0.35 |
| Q2 2025 | -$1.25 | +$2.07 |
| Q1 2025 | -$1.66 | +$1.84 |
| Q4 2024 | -$1.85 | +$5.79 |
UEIC is still losing money, but far less than before: $0.58 per share over the past year, against $7.66 at its worst in late 2023.
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 UEIC 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 UEIC on profitability, with a higher operating margin.
UEIC Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $89.4M | -1.2% |
| Q2 2026 | $73.2M | -25% |
| Q1 2026 | $79M | -14% |
| Q4 2025 | $87.7M | -21% |
| Q3 2025 | $90.6M | -11% |
| Q2 2025 | $97.7M | +8% |
| Q1 2025 | $92.3M | +0.5% |
| Q4 2024 | $110.5M | +13% |
UEIC's revenue has slid since its 2019 peak: $89M last quarter, down 1.2% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 3.2% | +8.2 points |
| Q2 2026 | 6.5% | +5.5 points |
| Q1 2026 | -4.9% | -0.9 points |
| Q4 2025 | 1% | +4.9 points |
| Q3 2025 | -5% | -5.4 points |
| Q2 2025 | 1% | +6 points |
| Q1 2025 | -4.1% | +3.4 points |
| Q4 2024 | -3.9% | -1.3 points |
UEIC's operating margin was 3.2% last quarter, up 8.2 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 UEIC on cash flow, with more consistent year-over-year improvement.
UEIC Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $10M | +8.3% |
| Q2 2026 | $5.5M | -27% |
| Q1 2026 | -$1.5M | -119% |
| Q4 2025 | -$4.9M | -191% |
| Q3 2025 | $9.3M | +92% |
| Q2 2025 | $7.5M | +83% |
| Q1 2025 | $7.9M | +$12.1M |
| Q4 2024 | $5.5M | +42% |
UEIC still generates free cash flow, though less than at its 2019 peak: $9M 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.
UEIC Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -3.9% | -521K shares |
| 1 year | -3.3% | -436K shares |
| 3 years | -0.1% | -7K shares |
| 5 years | -3.6% | -488K shares |
| Available history | -8.5% | -1.2M shares |
UEIC has the edge over MU on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | $2.3M |
| Q3 2025 | $32,000 |
| Q2 2025 | $365,000 |
| Q1 2025 | $383,000 |
| Q4 2024 | $61,000 |
UEIC spent $2M buying back its own shares over the past year, up 174% 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.
UEIC Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -1.3x | Net Cash |
| Q2 2026 | -1.2x | Net Cash |
| Q1 2026 | -1.0x | Net Cash |
| Q4 2025 | -1.1x | Net Cash |
| Q3 2025 | -3.3x | Net Cash |
| Q2 2025 | -0.4x | Net Cash |
| Q1 2025 | 0.7x | Very low |
| Q4 2024 | 3.7x | Elevated |
UEIC has the edge over MU on leverage, with a lower net debt burden relative to earnings.
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).
UEIC Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 70.8 | Overbought |
| Stochastic | 69.5 | Neutral |
UEIC's weekly RSI is 71 (overbought) and its Stochastic is 70 (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.
UEIC PE vs Technology Sector
| Metric | UEIC | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 28x | — |
UEIC 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 pulled back, but its long-term trend is still up: it's below its 8- and 20-week averages, but 225% above its 200-week average.
UEIC Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $5.47 | 21% above |
| 20 week MA | $5.05 | 31% above |
| 50 week MA | $4.39 | 51% above |
| 100 week MA | $5.39 | 23% above |
| 200 week MA | $7.85 | 16% below |
UEIC has the edge over MU on trend strength, trading above more of its moving averages.
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 UEIC on returns for 2026, with the stronger performance.
UEIC Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $52.6 | $52.0 | -1% |
| 2021 | $52.0 | $41.3 | -21% |
| 2022 | $41.3 | $20.9 | -49% |
| 2023 | $20.9 | $9.39 | -55% |
| 2024 | $9.39 | $10.8 | +15% |
| 2025 | $10.8 | $3.12 | -71% |
| 2026 YTD | $3.12 | $6.62 | +112% |
UEIC is up 112% so far in 2026, after finishing lower in five of the previous six years.