Micron Is Trading for Less Than 6 Times Forward Earnings. Here's Why That's a Sign to Buy.
Published . Updated .
Micron's stock is incredibly cheap, and the market has it wrong.
Directly affected
- MU Micron Technology+0.6% 30d
Named in this report.
Indirectly affected
- XLK Technology Select Sector SPDR+9.1% 16d
Technology Select Sector SPDR holds the technology sector that Micron Technology belongs to, so it often moves with news about it.
- AVGO Broadcom+1.3% 30d
Broadcom is a peer of Micron Technology in semiconductors and related devices; rivals often move on the same news.
- AMD Advanced Micro Devices+6.2% 30d
Advanced Micro Devices is a peer of Micron Technology in semiconductors and related devices; rivals often move on the same news.
- INTC Intel-12.2% 30d
Intel is a peer of Micron Technology in semiconductors and related devices; rivals often move on the same news.
- AMAT Applied Materials-8.9% 30d
Applied Materials is a peer of Micron Technology in semiconductors and related devices; rivals often move on the same news.
- TXN Texas Instruments+18.8% 30d
Texas Instruments is a peer of Micron Technology in semiconductors and related devices; rivals often move on the same news.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| MU | -6.11% | -0.58% | base | after close | after close | after close | after close |
| XLKNo price data for this ticker | — | — | — | — | — | — | — |
| AVGO | -6.76% | -0.76% | base | after close | after close | after close | after close |
| AMD | -8.77% | -1.13% | base | after close | after close | after close | after close |
| INTCNo price data for this ticker | — | — | — | — | — | — | — |
| AMAT | -10.54% | -6.12% | base | after close | after close | after close | after close |
| TXNNo price data for this ticker | — | — | — | — | — | — | — |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
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Micron Is Trading for Less Than 6 Times Forward Earnings. Here's Why That's a Sign to Buy. Yahoo Finance
Source: Yahoo Finance
This story
| Company | When | Move | Status |
|---|---|---|---|
| AMAT | three days earlier | -6.12% | final price |
| AMAT | five days earlier | -10.54% | final price |
| AMD | three days earlier | -1.13% | final price |
| AMD | five days earlier | -8.77% | final price |
| AVGO | three days earlier | -0.76% | final price |
| AVGO | five days earlier | -6.76% | final price |
| MU | three days earlier | -0.58% | final price |
| MU | five days earlier | -6.11% | final price |
Trades by members of Congress and officials in the stocks in this story
- Sen. John Boozman sold Micron Technology (MU) (jointly held), worth $1,001 - $15,000 on 24 Sep 2026. That is 36 days before publication. Filed 21 Oct 2026. View the filing.
- Sen. John Boozman sold Micron Technology (MU) (jointly held), worth $1,001 - $15,000 on 9 Sep 2026. That is 51 days before publication. Filed 21 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, sold Micron Technology (MU), worth $250,001 - $500,000 on 21 Aug 2026. That is 70 days before publication. Filed 8 Oct 2026. View the filing.
- Rep. Rohit Khanna sold Broadcom (AVGO) (held by a spouse), worth $1,001 - $15,000 on 25 Sep 2026. That is 35 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Rohit Khanna sold Broadcom (AVGO) (held by a dependent child), worth $15,001 - $50,000 on 23 Sep 2026. That is 37 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Gilbert Cisneros sold Broadcom (AVGO), worth $1,001 - $15,000 on 16 Sep 2026. That is 44 days before publication. Filed 12 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Advanced Micro Devices (AMD) (held by a spouse), worth $1,001 - $15,000 on 4 Sep 2026. That is 56 days before publication. Filed 7 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, sold Advanced Micro Devices (AMD), worth $1,000,001 - $5,000,000 on 21 Aug 2026. That is 70 days before publication. Filed 8 Oct 2026. View the filing.
- Rep. Gilbert Cisneros sold Advanced Micro Devices (AMD), worth $1,001 - $15,000 on 18 Aug 2026. That is 73 days before publication. Filed 10 Sep 2026. View the filing.
- Rep. Rohit Khanna bought Intel (INTC) (held by a spouse), worth $1,001 - $15,000 on 4 Sep 2026. That is 56 days before publication. Filed 7 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, sold Intel (INTC), worth $100,001 - $250,000 on 21 Aug 2026. That is 70 days before publication. Filed 8 Oct 2026. View the filing.
- Rep. Rohit Khanna sold Intel (INTC) (held by a spouse), worth $1,001 - $15,000 on 3 Aug 2026. That is 88 days before publication. Filed 4 Sep 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
This story
12 out of 100
“Micron Is Trading for Less Than 6 Times Forward Earnings. Here's Why That's a Sign to Buy.” scores 12 out of 100. The score uses 1 sources.