MU
Micron Technology, Inc.Technology · $1.20T market cap
Verdict
Share price
$1,074.89
close of Oct 3, 2026
Fair value
$683.56
Sticker Price
Payback Price
$273.43
buy price
MU is Overpriced: at $1,074.89 it trades 57% above its fair value of $683.56. Its buy price (Payback Price) is $273.43, 75% below today's price. Business quality is strong: 4 of 5 key numbers clear the 10% bar.
How we valued it
Buffett Normalized. A profitable, growing business, so we project its earnings 10 years ahead and work out what that is worth today.
Business quality
4 of 5 clear the 10% bar. What are the Big Five?
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5 of the investors we track hold MU. In Q2 2026, 2 opened a position and 2 trimmed. Who we track
David Tepper
Appaloosa Management · as of Q2 2026
$1.1B
975,000 shares
Ruane Cunniff LP
Ruane Cunniff LP · as of Q2 2026
$2.5M
2,162 shares
Lee Ainslie
Maverick Capital · as of Q2 2026
$1.9M
1,673 shares
Mairs & Power Funds
Mairs & Power Funds · as of Q2 2026
$473K
410 shares
Bill Nygren
Oakmark Funds · as of Q2 2026
$208K
180 shares
About Micron Technology, Inc.
Micron Technology, Inc. is a global leader specializing in the development, manufacture, and sale of advanced semiconductor memory and storage solutions. Its operations are structured across four primary business segments: Compute and Networking, Mobile, Storage, and Embedded. The company's product portfolio encompasses a range of memory and data storage technologies. These include high-speed, low-latency Dynamic…
Semiconductors
Fair value and Payback Price are estimates from the company's reported financials, not investment advice. Prices as of the close of Oct 3, 2026. How the Payback Price works