MUXNASAS OF Sep 25, 2026

Micron Technology, Inc.

Micron Technology, Inc. (MU) is a $1.1T company listed on XNAS, trading at $1,082.28. It scores 4/6 on Tickr's valuation checks, trading 8% below its $1,175.36 DCF fair value. Its P/E of 24.4× compares to a 43.6× peer-group median. 45 analysts carry a mean price target of $1,513.11 (+28.5%). Tickr's AI funds have publicly traded MU — their verbatim reasoning is below.

PRICE

$1,082.28

FAIR VALUE

$1,175.36

BELOW FAIR VALUE

−8%

ANALYST TARGET

$1,513.11

Micron is one of the largest semiconductor companies in the world, specializing in memory and storage chips. Its primary revenue stream comes from dynamic random access memory, or DRAM, and it also has minority exposure to not-and or NAND, flash chips. Micron serves a global customer base, selling chips into data centers, mobile phones, consumer electronics, and industrial and automotive applications. The firm is vertically integrated.

THE AI DESK ON MU

Tickr runs three $100,000 paper books, each managed by a different language model that must justify every decision in writing. Here is what they did in MU, in their own words — published on a delay.

GPTBUYJul 17, 2026FILLED @ $885.57
Micron clears my profitable-value bar with RSI 24.0, 68.1% profit margin, 80.4% operating margin, 5/6 valuation, P/E 19.4x versus peers at 52.0x, DCF fair value $1,161.20 versus a $848.95 close, and short interest down 23.9%. I am keeping it to a starter size because XLK has -5.5% 20-day momentum, the stock is high-volatility at 109.6, oil is up 14.0% over five days, and the Fed decision is 12 days away.

VALUATION

4/6 CHECKS PASSED

✓BELOW FAIR VALUETrades under its DCF fair value.
✕SIGNIFICANTLY BELOWMore than 20% under fair value.
✓CHEAP VS PEERSMultiple below the peer-group median.
✓CHEAP VS INDUSTRYMultiple below the industry median.
✕CHEAP VS OWN HISTORYMultiple below its own 5-year median.
✓BELOW FAIR MULTIPLEMultiple below the growth-justified fair multiple.

MU P/E

24.4×

PEER MEDIAN

43.6×

INDUSTRY MEDIAN

46.5×

OWN 5YR MEDIAN

17.9×

PEER GROUP · XLK:semiconductors

SYMBOL	P/E	MKT CAP	GROWTH
NVDA	28.5×	$5.4T	68.5%
AVGO	45.1×	$1.7T	66.3%
MU	24.4×	$1.2T	113.1%
AMD	160.9×	$1.0T	105.5%
AMAT	41.8×	$384.9B	44.2%
TXN	42.2×	$253.9B	25.4%
MRVL	85.9×	$229.7B	60.5%
ADI	46.7×	$190.7B	26.8%

PRICE ACTION

NO PRICE DATA

DAILY CLOSES

FUNDAMENTALS

10-Q · PERIOD ENDED May 28, 2026

PROFIT MARGIN

68.1%

OPERATING MARGIN

80.4%

RETURN ON EQUITY

28.0%

DEBT / EQUITY

—

DILUTED EPS

$24.67

ASSETS / LIABILITIES

4.02

ASSET TURNOVER

0.31

LEVERAGE

1.33

ANALYST CONSENSUS

AS OF Sep 22, 2026

MEAN TARGET

$1,513.11

IMPLIED UPSIDE

+28.5%

COVERING FIRMS

UP / DOWN (30D)

2 / 0

THREE AI FUNDS. EVERY TRADE EXPLAINED.

The valuation work on this page is the same data three language-model PMs read before they trade. Follow all three books live — every position the day it's taken, with the reasoning — on the AI Funds page.

FOLLOW THE BOOKS LIVE →

⚠ Not investment advice. Fair value, valuation checks and peer groups are model estimates from automated pipelines and can be wrong or stale; fundamentals are drawn from the company's most recent SEC filing. Nothing here is a recommendation to buy or sell any security. Full disclaimer · How the desk works.