MU
Micron Technology, Inc.
MU has the edge over UIS overall, supported by stronger valuation and stronger fundamentals.
UIS
Unisys Corporation
UIS'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.
UIS Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Stable | |
| Under pressure | |
| Weak |
UIS's revenue and profitability are currently stable, but its cash flow and balance sheet 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.
UIS PE Valuation
UIS 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 UIS on the outlook, with more favorable revenue expectations.
UIS Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Stable | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect UIS's earnings to grow and its profitability to improve, with its revenue holding steady. 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 UIS on earnings quality, reporting a profit while its opponent remains loss making.
UIS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.04 | — |
| Q3 2026 | -$4.33 | +$0.25 |
| Q2 2026 | -$5.90 | -$4.76 |
| Q1 2026 | -$4.87 | -$3.84 |
| Q4 2025 | -$4.79 | -$2.00 |
| Q3 2025 | -$4.58 | +$1.07 |
| Q2 2025 | -$1.14 | +$4.35 |
| Q1 2025 | -$1.03 | +$4.88 |
| Q4 2024 | -$2.79 | +$3.52 |
UIS is still losing money, but less than at its worst: $4.33 per share over the past year, against $7.58 at its worst in late 2021.
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 UIS 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 UIS on profitability, with a higher operating margin.
UIS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $471.5M | +2.5% |
| Q2 2026 | $473.5M | -2% |
| Q1 2026 | $437.6M | +1.3% |
| Q4 2025 | $574.5M | +5.3% |
| Q3 2025 | $460.2M | -7.4% |
| Q2 2025 | $483.3M | +1.1% |
| Q1 2025 | $432.1M | -11% |
| Q4 2024 | $545.4M | -2.2% |
UIS's revenue fell from its 2019 peak and has held roughly level since: $472M last quarter, up 2.5% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 5% | +12 points |
| Q2 2026 | -7% | -13 points |
| Q1 2026 | 3.7% | +2.5 points |
| Q4 2025 | 13% | +4.4 points |
| Q3 2025 | -7.3% | -8.8 points |
| Q2 2025 | 6.3% | +1.3 points |
| Q1 2025 | 1.2% | -2.5 points |
| Q4 2024 | 8.9% | +1 points |
UIS's operating margin was 5% last quarter, up 12 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 UIS on cash generation, producing positive trailing cash flow while its opponent burns cash.
UIS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$46.4M | -243% |
| Q2 2026 | -$38.3M | +$285.8M |
| Q1 2026 | -$15.1M | -162% |
| Q4 2025 | $97.3M | +36% |
| Q3 2025 | $32.4M | +14% |
| Q2 2025 | -$324.1M | -$321.7M |
| Q1 2025 | $24.4M | +13% |
| Q4 2024 | $71.6M | +319% |
UIS's free cash flow was −$3M over the past year, against −$196M 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 UIS 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.
UIS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | +14K shares |
| 1 year | +2.3% | +1.6M shares |
| 3 years | +6.6% | +4.5M shares |
| 5 years | +8.6% | +5.8M shares |
| Available history | +30% | +17M shares |
UIS has 73M diluted shares, up 2.3% 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 the edge over UIS on leverage, with a lower net debt burden relative to earnings.
UIS Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 4.5x | High |
| Q2 2026 | 8.5x | High |
| Q1 2026 | 3.2x | Elevated |
| Q4 2025 | 3.2x | Elevated |
| Q3 2025 | 5.6x | High |
| Q2 2025 | 3.4x | Elevated |
| Q1 2025 | 0.9x | Very low |
| Q4 2024 | 1.0x | Very low |
UIS's net debt is about 4.5 years of its operating earnings (EBITDA), down from 5.5 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).
UIS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 52.2 | Neutral |
| Stochastic | 58.9 | Neutral |
UIS's weekly RSI is 52 (neutral) and its Stochastic is 59 (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.
UIS PE vs Technology Sector
| Metric | UIS | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 28x | — |
UIS 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.
UIS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $2.47 | 16% above |
| 20 week MA | $2.79 | 2.9% above |
| 50 week MA | $2.81 | 2.1% above |
| 100 week MA | $3.66 | 22% below |
| 200 week MA | $4.32 | 34% below |
UIS has bounced recently, but its long-term trend is still down: it's above its 8-, 20- and 50-week averages, but 34% 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 UIS on returns for 2026, with the stronger performance.
UIS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $11.6 | $19.1 | +64% |
| 2021 | $19.1 | $20.4 | +7.2% |
| 2022 | $20.4 | $4.58 | -78% |
| 2023 | $4.58 | $5.62 | +23% |
| 2024 | $5.62 | $6.42 | +14% |
| 2025 | $6.42 | $2.86 | -55% |
| 2026 YTD | $2.86 | $2.87 | +0.3% |
UIS has finished higher in four of the last six years. It's roughly flat so far in 2026.