What is Micron Technology (MU) worth?

On 12 Nov 2026 our base value for Micron Technology is $436.61 a share, 45.3% below its $798.44 close; 0 of 1 valuation methods put it above the price.

Valuation methods

MethodValuevs priceBasis
Discounted cash flow——17.81x spot
Exit multiple (P/E)——no exit multiple: the five-year median of 19.8x is 4.4x the 4.5x this name trades at today (limit 1.5x) — the market has re-rated the name, so its own history prices a business it is no longer paid for. The forward PE is not a substitute: it is today's price divided by earnings, and an anchor built from it can only restate the price
Sum of the parts——no sum of the parts: this run holds no segment disclosure for the name
Price to sales$436.61-45.3%the stock's own median price-to-sales of 3.76×
Tangible book——used only for lenders, where book value is the business
Price to FFO (REITs)——used only for REITs

How we got this number

Each working is rebuilt by code from the valuation's own figures and checked against the published value.

Base value

The base value is the average of the methods kept in it:

MethodValue
Price to sales$436.61

One method is kept, so the base value is its value: $436.61

Targets

Base value $436.61 a share

One-year price simulation: a 10% chance the price is below $276.38 and a 10% chance it is above $1,760.40 in a year; a 43% chance it is higher than today's $798.44, from 71.87% volatility. The simulation assumes the price drifts up at our discount rate of 12.91% a year.

Base value history

WeekPriceBase value
2 Oct 2026$1,074.89$1,596.34
9 Oct 2026$1,029.00$1,598.35
16 Oct 2026$878.84$436.61
23 Oct 2026$877.55$436.61
30 Oct 2026$884.74$436.61
6 Nov 2026$690.00$436.61
12 Nov 2026$798.44$436.61

Data as of 12 Nov 2026; financials to 31 Aug 2026. Sources: company filings via EODHD, SEC EDGAR, US Treasury. How these values are computed. Not investment advice.

Run a full Desk Run on MU · Micron Technology company page · Call and put prices