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.
USBC
USBC, Inc.
There isn't enough reported data to score USBC yet.
MU Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
MU's revenue, profitability, cash flow and balance sheet are all currently strong.
USBC Fundamentals
| Metric | Status |
|---|---|
| Unavailable | |
| Weak | |
| Unavailable | |
| Unavailable |
USBC's profitability is currently weak. There isn't enough data to rate its revenue, cash flow and 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.
USBC PE Valuation
USBC 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.
USBC Forward outlook
There aren't enough analyst estimates for USBC 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 stronger earnings trend. Trailing diluted EPS is up 879% for MU versus USBC down 101%.
USBC Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2022 | -$23.15 | +$9.65 |
| Q1 2022 | -$29.61 | -$1.21 |
| Q4 2021 | -$32.00 | -$5.20 |
| Q3 2021 | -$34.40 | -$9.60 |
| Q2 2021 | -$32.80 | -$5.20 |
| Q1 2021 | -$28.40 | -$0.80 |
| Q4 2020 | -$26.80 | -$2.40 |
USBC is still losing money, but far less than before: $0.18 per share over the past year, against $34.40 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'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'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.
USBC Quarterly Revenue
USBC's revenue has slid since its 2019 peak: $0 last quarter.
| Quarter | Margin | YoY |
|---|---|---|
| Q1 2022 | -32724% | N/A |
| Q1 2020 | -45520% | N/A |
| Q4 2019 | -1159% | N/A |
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 USBC on cash generation, producing positive trailing cash flow while its opponent burns cash.
USBC Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$8.3M | -$5.2M |
| Q2 2026 | -$8.2M | -$6.9M |
| Q1 2026 | -$7.1M | -$5.8M |
| Q4 2025 | -$4.6M | -$2.7M |
| Q3 2025 | -$3.1M | +$148.8K |
| Q2 2025 | -$1.3M | +$1.3M |
| Q1 2025 | -$1.3M | +$2.4M |
| Q4 2024 | -$1.9M | +$1.5M |
USBC has burned cash in almost every quarter: −$28M over the past year, against −$8M 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 USBC 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.
USBC Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | +4K shares |
| 1 year | +5679% | +381M shares |
| 3 years | +29553% | +387M shares |
| 5 years | +49899% | +387M shares |
| Available history | +84235% | +388M shares |
USBC has 388M diluted shares, up 5679% 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.
USBC Net Leverage
USBC'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).
USBC Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 41.2 | Neutral |
| Stochastic | 25.8 | Neutral |
USBC's weekly RSI is 41 (neutral) and its Stochastic is 26 (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.
USBC PE vs Technology Sector
USBC 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 USBC on trend strength, trading above more of its moving averages.
USBC Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $0.45 | 18% below |
| 20 week MA | $0.41 | 9.8% below |
| 50 week MA | $0.44 | 16% below |
| 100 week MA | $1.26 | 71% below |
| 200 week MA | $13.4 | 97% below |
USBC is in a downtrend: it's below all five of its weekly moving averages, and 97% 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 USBC on returns for 2026, with the stronger performance.
USBC Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $64.0 | $82.0 | +28% |
| 2021 | $82.0 | $80.8 | -1.5% |
| 2022 | $80.8 | $50.8 | -37% |
| 2023 | $50.8 | $20.4 | -60% |
| 2024 | $20.4 | $6.40 | -69% |
| 2025 | $6.40 | $0.69 | -89% |
| 2026 YTD | $0.69 | $0.37 | -46% |
USBC has finished five years in a row lower, and it's down 46% so far in 2026.