Micron Technology, Inc.Opportunity Rank #96(MU) Intrinsic Value & DCF Analysis (2026)
Current Price
$646.63
Last updated: May 08, 2026
Price vs Intrinsic Value
Fundamental Score
Weighted across 6 signals
Narrative Score
No change vs previous
Trend Score
As of 2026-05-08
The intrinsic value of Micron Technology, Inc. (MU) is estimated at $605.30 per share based on a 10-year discounted cash flow (DCF) analysis. At the current price of $646.63, the stock appears overvalued relative to its projected cash flow fundamentals. This estimate assumes a 6.43% long-term growth rate and an 11.82% discount rate, reflecting expected future free cash flow and cost of capital.
The intrinsic value of Micron Technology, Inc. (MU) is estimated at $605.30 per share based on a 10-year discounted cash flow (DCF) analysis. At the current price of $646.63, the stock appears overvalued relative to its projected cash flow fundamentals. This estimate assumes a 6.43% long-term growth rate and an 11.82% discount rate, 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 in upcoming quarters
- Narrative score shows meaningful directional shifts
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. designs, manufactures, and sells memory and storage products worldwide. The company operates through four segments: Compute and Networking Business Unit, Mobile Business Unit, Storage Business Unit, and Embedded Business Unit. It provides memory and storage technologies comprises DRAM products, which are dynamic random access memory semiconductor devices with low latency that provide high-speed data retrieval; NAND products that are non-volatile and re-writeable semiconductor storage devices; and NOR memory products, which are non-volatile re-writable semiconductor memory devices that provide fast read speeds under the Micron and Crucial brands, as well as through private labels. The company offers memory products for the cloud server, enterprise, client, graphics, and networking markets, as well as for smartphone and other mobile-device markets; SSDs and component-level solutions for the enterprise and cloud, client, and consumer storage markets; other discrete storage products in component and wafers; and memory and storage products for the automotive, industrial, and consumer markets. It markets its products through its direct sales force, independent sales representatives, distributors, and retailers; and web-based customer direct sales channel, as well as through channel and distribution partners. Micron Technology, Inc. was founded in 1978 and is headquartered in Boise, Idaho.