MU
Micron Technology, Inc.
MU has the edge over WETH overall, supported by stronger fundamentals and stronger valuation.
WETH
Wetouch Technology Inc.
WETH 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.
WETH Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Unavailable | |
| Strong |
WETH's profitability and balance sheet are currently healthy, and its revenue is stable. 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.
WETH PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 1.2x | $0.81 | — |
| Cheap | 1.9x | $1.32 | +63% |
| Fair | 3.2x | $2.22 | +174% |
| Expensive | 5.2x | $3.65 | +351% |
Historical ranges are pointers, not guarantees.
WETH 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 |
Analysts expect strong earnings and revenue growth for MU, with profitability improving.
WETH Forward outlook
There aren't enough analyst estimates for WETH 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 WETH on earnings, with more consistent year-over-year improvement.
WETH Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | $0.70 | +11% |
| Q1 2026 | $0.71 | +6% |
| Q4 2025 | $0.60 | +20% |
| Q3 2025 | $0.62 | +121% |
| Q2 2025 | $0.63 | +80% |
| Q1 2025 | $0.67 | +29% |
| Q4 2024 | $0.50 | -43% |
| Q3 2024 | $0.28 | -74% |
WETH's earnings per share have fallen from their peak: $0.70 over the past year, against $5.40 in late 2022.
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 WETH 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 WETH on profitability, with a higher operating margin.
WETH Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $14M | +13% |
| Q1 2026 | $16.3M | +6.7% |
| Q4 2025 | $5.2M | +45% |
| Q3 2025 | $12.2M | +5.6% |
| Q2 2025 | $12.4M | +1.5% |
| Q1 2025 | $15.3M | +2.8% |
| Q4 2024 | $3.6M | +53% |
| Q3 2024 | $11.5M | +3.7% |
WETH's revenue has grown year over year for eight quarters in a row: $14M last quarter, up 13% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 23% | -2.2 points |
| Q1 2026 | 31% | +5.2 points |
| Q4 2025 | -4.1% | +1.3 points |
| Q3 2025 | 26% | -4.5 points |
| Q2 2025 | 25% | -5.6 points |
| Q1 2025 | 26% | +11 points |
| Q4 2024 | -5.4% | +80 points |
| Q3 2024 | 30% | -8.3 points |
WETH's operating margin was 23% last quarter, down 2.2 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 generated $59B in free cash flow over the past year, more than ten times what it generated the year before.
WETH Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2024 | $4.6M | +104% |
| Q2 2024 | $3.9M | -4.1% |
| Q1 2024 | -$9.3M | -443% |
| Q1 2023 | $2.7M | +$4.2M |
| Q1 2022 | -$1.4M | -110% |
WETH generated $12M in free cash flow over the past year, more than ten times what it generated 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 WETH 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.
WETH Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +2.8% | +336K shares |
| 1 year | +2.8% | +336K shares |
| 3 years | +51% | +4.2M shares |
WETH has 12M diluted shares, up 2.8% 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.
WETH Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | -11.4x | Net Cash |
| Q1 2026 | -10.9x | Net Cash |
| Q4 2023 | -7.6x | Net Cash |
| Q3 2023 | -6.6x | Net Cash |
| Q2 2023 | -6.4x | Net Cash |
| Q1 2023 | -7.5x | Net Cash |
| Q4 2022 | -4.4x | Net Cash |
| Q3 2022 | -3.6x | Net Cash |
WETH 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).
WETH Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 36.0 | Neutral |
| Stochastic | 12.1 | Oversold |
WETH's weekly RSI is 36 (neutral) and its Stochastic is 12 (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.
WETH PE vs Technology Sector
| Metric | WETH | Sector median | Relative |
|---|---|---|---|
| PE | 1.2x | 28x | 96% below |
| PE % | 1 | 17 | 16 pts below |
WETH has the edge over MU on valuation relative to its 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 stronger trend alignment. MU is above 3 of 5 weekly averages versus WETH above 0 of 4.
WETH Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $0.92 | 12% below |
| 20 week MA | $1.09 | 26% below |
| 50 week MA | $1.38 | 41% below |
| 100 week MA | $1.37 | 41% below |
WETH is in a downtrend: it's below all four of its weekly moving averages, and 41% below its 100-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 WETH on returns for 2026, with the stronger performance.
WETH Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2024 | $4.77 | $1.64 | -66% |
| 2025 | $1.64 | $1.49 | -9.1% |
| 2026 YTD | $1.49 | $0.81 | -46% |
WETH has finished every year since 2024 lower, and it's down 46% so far in 2026.