Micron Technology

Micron Technology, Inc. (MU) (Q2FY24) – Aiming towards profitability

Highlights of the report

The memory and storage industry faced challenges in 2022 and 2023 due to weak demand and global economic issues, leading to lower prices and revenue. However, in 2024, the industry rebounded due to increased demand and improved supply management, resulting in better pricing and margins for Micron.

Micron Technology (MU) (Q2FY24) Quarterly Report Q2FY24

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Micron Technology, Inc. designs, develops, manufactures, and sells memory and storage products worldwide.

Micron’s financial performance in Q2FY24 demonstrated substantial improvement. The company reported total revenue of $5.8bn for the quarter, representing a noteworthy 23% sequential increase and a remarkable 58% surge compared to the same period last year.

Micron Technology stock price showed an uptrend in the past 3-month period and gave positive returns of 33%. The stock price increased by 87% in the past 1-year. The stock has a 52-week high of $130.54 and a 52-week low of $59.55.



– Enterprise Value
– CrispIdea Forecast
– Economic Value Added Analysis
– Discounted Cash Flow Analysis
– P/E Analysis
– Peer Valuation
– CrispIdea Forecast Relative to Consensus
– Consensus History and Surprise
– Consensus Momentum

Actual & Historical Performance

– Income Statement
– Balance Sheet
– Cash Flow
– 10 Year Historical Performance
– Ratio Analysis
– Du Pont Analysis
– ROIC & ROCE Analysis
– Segment Performance
– Key Metrics
– M&A Deals

Peer Performance

– Summary
– Profitability
– Growth
– Price Performance


Stock Price Performance

Crispidea Coverage

Report details

Micron Technology, Inc. (MU) (Q2FY24) – Aiming towards profitability



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