Micron Technology, Inc.Opportunity Rank #179(MU) Intrinsic Value & DCF Analysis (2026)
Current Price
$979.30
Last updated: Jul 13, 2026
Price vs Intrinsic Value
Fundamental Score
Weighted across 6 signals
Narrative Score
No change vs previous
Trend Score
As of 2026-07-10
The intrinsic value of Micron Technology, Inc. (MU) is estimated at $918.31 per share based on a 10-year discounted cash flow (DCF) analysis. At the current price of $979.30, the stock appears overvalued relative to its projected cash flow fundamentals. This estimate assumes a 6.81% long-term growth rate and a 12.00% discount rate (calculated: 12.12%), reflecting expected future free cash flow and cost of capital.
The intrinsic value of Micron Technology, Inc. (MU) is estimated at $918.31 per share based on a 10-year discounted cash flow (DCF) analysis. At the current price of $979.30, the stock appears overvalued relative to its projected cash flow fundamentals. This estimate assumes a 6.81% long-term growth rate and a 12.00% discount rate (calculated: 12.12%), reflecting expected future free cash flow and cost of capital.Valuation Details
Capital Efficiency
The company is earning a higher return on invested capital than it costs to raise that capital — a sign of strong, efficient value creation.
Fundamental Details
Narrative Details
Trend Details
Investment Coach
- Price moves to at least a mid-teens discount to fair value
- ROIC remains above cost of capital over coming quarters
- Narrative score shows meaningful shifts in direction
Free Cash Flow (in millions)
How Intrinziq Estimates Fair Value
Intrinziq estimates Micron Technology, Inc.'s intrinsic value using a discounted cash flow (DCF) model based on free cash flow trends and a market-based discount rate. The model projects future cash flows over ten years and discounts them using a market return assumption to estimate fair value.
Micron Technology, Inc.Technology
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 Random Access Memory (DRAM) components for rapid data retrieval; non-volatile, re-programmable NAND flash storage devices; and fast-read, non-volatile, re-writable NOR memory chips. These innovative solutions are offered under its well-known Micron and Crucial brands, as well as through private label partnerships. Micron's extensive offerings cater to a diverse array of markets and applications. This includes critical infrastructure like cloud servers and enterprise data centers, personal computing (client and graphics), mobile devices such as smartphones, networking equipment, automotive systems, industrial applications, and various consumer electronics. The company utilizes a multi-faceted approach to market its products, employing a direct sales force, independent sales representatives, and a network of distributors and retailers. Additionally, it leverages a web-based direct sales channel and collaborates with various channel and distribution partners. Founded in 1978, Micron Technology, Inc. is headquartered in Boise, Idaho.