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.
WQEY
WISeKey International Holding AG
There isn't enough reported data to score WQEY yet.
MU Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
MU's revenue, profitability, cash flow and balance sheet are all currently strong.
WQEY Fundamentals
| Metric | Status |
|---|---|
| Unavailable | |
| Under pressure | |
| Unavailable | |
| Unavailable |
WQEY's profitability is currently under pressure. 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.
WQEY PE Valuation
WQEY 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.
WQEY Forward outlook
There aren't enough analyst estimates for WQEY 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's earnings per share have climbed steadily: $74.33 over the past year, about 10 times what it earned the year before, and higher year over year for 10 quarters in a row.
WQEY Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q4 2022 | -$1.20 | +$1.60 |
| Q4 2021 | -$2.80 | +$3.90 |
| Q4 2020 | -$6.70 | -391% |
WQEY and MU do not have enough comparable growth data to identify a winner.
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 WQEY in the latest year-over-year revenue comparison.
| 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.
WQEY Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q4 2022 | $23.8M | +7% |
| Q4 2021 | $22.3M | +51% |
| Q4 2020 | $14.8M | -35% |
| Q4 2019 | $22.7M | +32% |
| Q4 2018 | $17.1M | -20% |
| Q2 2018 | $17.1M | -20% |
| Q4 2017 | $21.5M | +293% |
| Q2 2017 | $21.5M | +293% |
WQEY's revenue is growing: $24M last quarter, up 39% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q4 2022 | -44% | -17 points |
| Q4 2021 | -120% | -94 points |
| Q4 2020 | -125% | -94 points |
| Q4 2019 | -91% | -59 points |
| Q4 2018 | -26% | +304 points |
| Q2 2018 | -26% | +304 points |
| Q4 2017 | -31% | +254 points |
| Q2 2017 | -31% | +254 points |
WQEY's operating margin was −44% last quarter, down 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 generated $59B in free cash flow over the past year, more than ten times what it generated the year before.
WQEY Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q4 2022 | -$17.4M | +$4.4M |
| Q4 2021 | -$21.8M | -$9.2M |
| Q4 2020 | -$12.6M | +$1.6M |
| Q4 2019 | -$14.2M | -$9.3M |
| Q4 2018 | -$4.9M | -$2.1M |
| Q2 2018 | -$4.9M | -$2.1M |
| Q4 2017 | -$2.8M | +$2.7M |
| Q2 2017 | -$2.8M | +$2.7M |
WQEY has burned cash in almost every quarter: −$66M over the past year, against −$15M 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 WQEY 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.
WQEY Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +214% | +15.3M shares |
| 1 year | +8188% | +22.2M shares |
WQEY has 22M diluted shares, up 8188% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2022 | $102,000 |
| Q4 2020 | $1.1M |
| Q4 2019 | $1M |
| Q4 2018 | $450,000 |
| Q2 2018 | $450,000 |
| Q4 2017 | — |
| Q2 2017 | — |
| Q4 2016 | — |
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.
WQEY Net Leverage
WQEY'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).
WQEY Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 27.5 | Oversold |
| Stochastic | 2.3 | Oversold |
WQEY's weekly RSI is 28 (oversold) and its Stochastic is 2 (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.
WQEY PE vs Technology Sector
WQEY 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 WQEY on trend strength, trading above more of its moving averages.
WQEY Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $8.96 | 26% below |
| 20 week MA | $11.4 | 42% below |
| 50 week MA | $13.8 | 52% below |
| 100 week MA | $13.7 | 52% below |
| 200 week MA | $10.0 | 34% below |
WQEY is in a downtrend: it's below all five of its weekly moving averages, and 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 WQEY on returns for 2026, with the stronger performance.
WQEY Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $120.0 | $60.4 | -50% |
| 2021 | $60.4 | $42.1 | -30% |
| 2022 | $42.1 | $9.10 | -78% |
| 2023 | $9.10 | $3.50 | -62% |
| 2024 | $3.50 | $22.6 | +546% |
| 2025 | $22.6 | $16.8 | -26% |
| 2026 YTD | $16.8 | $6.59 | -61% |
WQEY's yearly returns have swung widely, from +546% in 2024 to −78% in 2022. It's down 61% so far in 2026.