MU
Micron Technology, Inc. Technology - Semiconductors Investor Relations →
Micron Technology, Inc. (MU) closed at $1015.80 as of 2026-09-18, trading 381.2% above its 200-week moving average of $211.08. The stock moved further from the line this week, up from 372.8% last week. The 14-week RSI sits at 52, indicating neutral momentum.
Trading volume is running at 0.8x of its 14-week average, which is in the normal range. The balance between buying and selling volume (0.85 ratio) is neutral — neither side is clearly dominating.
Over the past 2159 weeks of data, MU has crossed below its 200-week moving average 35 times. On average, these episodes lasted 25 weeks. Historically, investors who bought MU at the start of these episodes saw an average one-year return of +40.3%.
With a market cap of $1.1 trillion, MU is a mega-cap stock. The company generates a free cash flow yield of 0.7%. Return on equity stands at 66.6%, indicating strong profitability. The stock trades at 11.4x book value.
Share count has increased 2.6% over three years, indicating dilution. MU passes our Buffett quality screen: high return on equity, low debt, and positive free cash flow.
Over the past 33.8 years, a hypothetical investment of $100 in MU would have grown to $47692, compared to $3167 for the S&P 500. That represents an annualized return of 20.0% vs 10.8% for the index — confirming MU as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
In the past 12 months, corporate insiders have made 1 open-market purchase totaling $7,821,723.
Free cash flow has been volatile over the past several years, making the quality of earnings harder to assess.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
Growth of $100: MU vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After MU Crosses Below the Line?
Across 30 historical episodes, buying MU when it crossed below its 200-week moving average produced an average return of +59.5% after 12 months (median +26.0%), compared to +15.7% for the S&P 500 over the same periods. 70% of those episodes were profitable after one year. After 24 months, the average return was +62.3% vs +31.4% for the index.
Each line shows $100 invested at the moment MU crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Bean Score Experimental
The Bean Score measures how far a stock's free cash flow yield has deviated from its own quarterly baseline, normalized by the stock's historical behavior. Between earnings dates, FCF is constant — so the score is purely a function of stock price. The levels below show at what prices MU would reach each dislocation threshold.
Dislocation Price Levels
Prices where MU's Bean Score would hit each σ threshold. Valid until next earnings report: 2026-09-30.
| Level | σ | Price | Signal |
|---|---|---|---|
| Deep Value | +2σ | $744.87 | Unusually cheap — analysis point |
| Value | +1σ | $864.84 | Cheap vs. own history |
| Fair Value | +0σ | $1030.90 | Historical mean behavior |
| Expensive | -1σ | $1275.86 | Expensive vs. own history |
| Deep Expensive | -2σ | $1673.54 | Unusually expensive — analysis point |
Quarterly FCF & Yield Trailing twelve-month free cash flow and yield at each quarter end
Recent Earnings
| Date | EPS Est. | EPS Actual | Surprise |
|---|---|---|---|
| 2026-06-24 | $20.69 | $25.11 | +21.4% |
| 2026-03-18 | $9.16 | $12.20 | +33.2% |
| 2025-12-17 | $3.96 | $4.78 | +20.6% |
| 2025-09-23 | $2.86 | $3.03 | +5.9% |
Signal Accuracy Collecting Data
The Bean Score system is accumulating weekly data to validate signal accuracy. After 13+ weeks of history, this section will display win rates and average returns for each σ threshold crossing — answering the question: "When this score says cheap or expensive, does the price subsequently move in the expected direction?"
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Theoretical framework — not backtested or forward-tested. The Bean Score uses trailing twelve-month free cash flow yield as a dislocation identifier. It measures whether the market has pushed a stock's yield unusually far from its own baseline behavior. These levels are analysis points: prices at which the yield deviation becomes unusual enough to justify the work. FCF values update quarterly with earnings; between reports, all movement is price-driven.
Dislocation Scores Experimental
Each score measures deviation from MU's own historical baseline — the same idea as the Bean Score, applied to different fundamentals. Positive means cheaper or more dislocated than this stock's norm. Scores marked σ are normalized by the stock's own variability; pp values are simple deltas from its recent baseline.
Theoretical framework — not backtested. These scores describe how unusual today's readings are for this specific company. Each one is an analysis point, a reason to open the filings. Annual-statement scores (buyback, accruals, FCF vs history) rest on only ~4 yearly data points and are deltas, not sigmas.
Historical Touches
MU has crossed below its 200-week MA 35 times with an average 1-year return of +40.3% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| May 1985 | Sep 1987 | 123 | 74.4% | +51.3% | +108847.7% |
| Oct 1987 | Dec 1987 | 9 | 43.9% | +62.1% | +82404.1% |
| Sep 1989 | May 1990 | 33 | 41.8% | -39.8% | +82404.1% |
| May 1990 | May 1990 | 1 | 1.3% | +9.2% | +77862.6% |
| Jun 1990 | Feb 1991 | 37 | 48.0% | +0.9% | +76457.8% |
| May 1991 | May 1991 | 1 | 5.0% | +0.4% | +75774.3% |
| Jun 1991 | Oct 1991 | 17 | 21.5% | +8.5% | +75774.3% |
| Nov 1991 | Dec 1991 | 7 | 16.4% | +63.4% | +83213.0% |
| Mar 1992 | Apr 1992 | 1 | 0.6% | +36.3% | +72244.2% |
| Apr 1992 | May 1992 | 5 | 6.5% | +65.6% | +77553.8% |
| Jun 1992 | Jul 1992 | 5 | 6.9% | +154.0% | +79005.3% |
| Jul 1996 | Sep 1996 | 10 | 23.3% | +111.1% | +9646.9% |
| Oct 1996 | Nov 1996 | 1 | 3.7% | +7.0% | +8192.1% |
| Oct 1997 | Oct 1998 | 54 | 41.3% | -4.5% | +6119.1% |
| Apr 1999 | Jun 1999 | 7 | 5.3% | +230.7% | +5400.7% |
| Sep 2001 | Feb 2002 | 25 | 45.5% | -45.8% | +3080.8% |
| Mar 2002 | Jan 2006 | 199 | 79.8% | -76.5% | +3019.8% |
| Jan 2007 | Jul 2007 | 24 | 16.9% | -51.5% | +7750.0% |
| Jul 2007 | Dec 2009 | 126 | 83.4% | -58.1% | +8675.9% |
| Jan 2010 | Mar 2010 | 6 | 7.7% | +7.8% | +11309.6% |
| May 2010 | May 2010 | 1 | 2.3% | +26.8% | +12055.2% |
| Jun 2010 | Oct 2010 | 17 | 19.6% | -4.7% | +12572.7% |
| Nov 2010 | Nov 2010 | 3 | 4.9% | -29.7% | +13393.5% |
| Jun 2011 | Jun 2011 | 1 | 2.8% | -20.4% | +14348.0% |
| Aug 2011 | Jan 2012 | 22 | 30.7% | +0.3% | +16408.7% |
| Apr 2012 | Jan 2013 | 39 | 26.1% | +43.8% | +14866.9% |
| Aug 2015 | Oct 2015 | 8 | 16.9% | -11.9% | +6045.7% |
| Oct 2015 | Dec 2016 | 59 | 49.0% | -1.7% | +5942.3% |
| Mar 2020 | Mar 2020 | 1 | 3.8% | +150.7% | +2784.8% |
| Jun 2022 | Jul 2022 | 3 | 8.9% | +22.4% | +1761.4% |
| Aug 2022 | Jan 2023 | 22 | 17.8% | +11.5% | +1697.1% |
| Feb 2023 | May 2023 | 14 | 11.0% | +44.0% | +1623.8% |
| Jun 2023 | Jul 2023 | 2 | 4.4% | +109.6% | +1530.6% |
| Aug 2023 | Aug 2023 | 2 | 0.8% | +70.6% | +1515.3% |
| Mar 2025 | Apr 2025 | 3 | 18.3% | +467.2% | +1473.5% |
| Average | 25 | — | +40.3% | — |
Frequently Asked Questions
Is MU below its 200-week moving average?
No. Micron Technology, Inc. (MU) is currently 381.2% above its 200-week moving average of $211.08. It would need to fall to $211.08 to cross below the line.
What is MU's 200-week moving average price?
Micron Technology, Inc.'s 200-week moving average is $211.08 as of 2026-09-18. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when MU drops below its 200-week moving average?
MU has crossed below its 200-week moving average 35 times in our data. On average, buying at that moment produced a one-year return of +40.3%. These dips have historically been decent entry points. These episodes lasted 25 weeks on average.
Is MU a good value right now?
Here's what our data says about MU as of 2026-09-18: The stock is above its 200-week moving average, so it doesn't currently meet our primary signal. The 14-week RSI is 52. Free cash flow yield is 0.7%. Return on equity is 66.6%. Price-to-book is 11.4x. This is not a buy or sell recommendation — always do your own research.
How does MU compare to the S&P 500?
Over the past 33.8 years, $100 invested in MU would have grown to $47692, compared to $3167 for the S&P 500. That's 20.0% annualized vs 10.8% for the index. MU has outperformed the broader market over this period.
Does MU pay a dividend?
Yes. Micron Technology, Inc. currently pays a dividend yield of 5.00%.
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of week of 2026-09-18