MicronMU

NASDAQ

Semiconductors

$990.00+0.03%

Launch Multi-Agent Real-Time Command Center Launch 8-Agent Deep Analysis

AI Multi-Horizon Analysis

Short-term68% confidence

Bearish

1m overbought with RSI-14 at 76.71 and price near Bollinger upper band at 1026.28; likely short-term pullback.

Mid-term62% confidence

Bearish

1H momentum weak with RSI-14 at 27.23 and price below EMAs; needs reclaim of 1034-1041 zone to stabilize.

Long-term75% confidence

Bullish

Multi-quarter acceleration in revenue, margins, net income, and FCF; debt/equity down to 0.13; daily trend remains strongly bullish.

Overall AI View72% confidence

Bullish

Strong fundamental momentum with accelerating revenue, margins, and free cash flow, offset by heavy insider selling and short-term technical overextension.

Detailed AI Fundamental Analysis

Business Snapshot

Micron Technology, Inc. (MU) is a US-listed common stock on NASDAQ, trading in USD. The SEC-matched issuer is MICRON TECHNOLOGY INC, CIK 0000723125.
The provided company metadata does not include sector/industry classification, so the business framing here is limited to the supplied financials, insider activity, and market data.
Current market context is unusually volatile in the provided feed:
- Current price shown near $1,022.23 / active daily current price near $1,007.04.
- Session high: $1,089.29.
- Session low: $113.46.
The intraday/session range appears extremely wide relative to the current price. Treat the session-low print as a potential data anomaly unless confirmed by the tape, but the technical indicators also show very high volatility.

Financial Trends

Revenue trajectory is sharply higher versus the earliest provided period, but uneven across the four reported periods.
- 2025-05-29: $9.301B
- 2025-08-28: $37.378B
- 2025-11-27: $13.643B
- 2026-02-26: $23.860B
- Latest quarter vs prior quarter: revenue increased by $10.217B, from $13.643B to $23.860B, a strong rebound.
- Latest quarter vs four periods ago: revenue increased by $14.559B, from $9.301B to $23.860B.
- The sequence shows a major spike in the 2025-08-28 period, a decline in 2025-11-27, then a strong re-acceleration into 2026-02-26.
Margins are expanding materially across the four-period window.
- Gross margin rose from 37.72% on 2025-05-29 to 74.41% on 2026-02-26.
  - Latest vs prior quarter: 74.41% vs 56.04%, up 18.37 percentage points.
  - Latest vs four periods ago: up 36.69 percentage points.
- Operating margin rose from 23.32% to 67.62%.
  - Latest vs prior quarter: 67.62% vs 44.98%, up 22.64 percentage points.
  - Latest vs four periods ago: up 44.30 percentage points.
- Net margin rose from 20.27% to 57.77%.
  - Latest vs prior quarter: 57.77% vs 38.41%, up 19.36 percentage points.
  - Latest vs four periods ago: up 37.50 percentage points.
- The margin trend is a clear positive inflection: profitability improved not only in absolute dollars, but also as a percentage of sales.
Net income and EPS are accelerating strongly in the latest period.
- Net income:
  - 2025-05-29: $1.885B
  - 2025-08-28: $8.539B
  - 2025-11-27: $5.240B
  - 2026-02-26: $13.785B
- Latest vs prior quarter: net income increased by $8.545B, from $5.240B to $13.785B.
- Latest vs four periods ago: net income increased by $11.900B, from $1.885B to $13.785B.
- Diluted EPS:
  - 2025-05-29: $1.68
  - 2025-08-28: $7.59
  - 2025-11-27: $4.60
  - 2026-02-26: $12.07
- Latest diluted EPS rose $7.47 quarter over quarter and $10.39 versus the earliest provided period.
Free cash flow is improving meaningfully despite heavy capex.
- Free cash flow:
  - 2025-05-29: $1.596B
  - 2025-08-28: $1.668B
  - 2025-11-27: $3.022B
  - 2026-02-26: $8.538B
- Latest vs prior quarter: FCF increased by $5.516B, from $3.022B to $8.538B.
- Latest vs four periods ago: FCF increased by $6.942B, from $1.596B to $8.538B.
- Cash from operations also surged:
  - Latest quarter: $20.314B
  - Prior quarter: $8.411B
  - Earliest provided period: $11.795B
- Capex remains very large:
  - Latest capex: $11.776B
  - Prior quarter: $5.389B
  - Four periods ago: $10.199B
- The key trend is that operating cash generation has grown fast enough to produce much higher FCF even with elevated investment spending.
Balance sheet strength improved substantially.
- Total assets rose from $78.397B to $101.509B, an increase of $23.112B over the four-period window.
- Shareholders’ equity rose from $50.748B to $72.459B, up $21.711B.
- Total liabilities increased only modestly from $27.649B to $29.050B, up $1.401B.
- Cash and equivalents increased from $10.163B to $13.908B, up $3.745B.
- Working capital improved sharply:
  - 2025-05-29: $17.784B
  - 2025-11-27: $17.605B
  - 2026-02-26: $27.117B
  - Latest vs prior quarter: working capital increased by $9.512B.
- Current ratio improved to 2.90, up from 2.46 in the prior quarter and 2.75 four periods ago.
- Debt/equity declined steadily:
  - 2025-05-29: 0.30
  - 2025-08-28: 0.26
  - 2025-11-27: 0.19
  - 2026-02-26: 0.13
- Inventory declined from $8.727B to $8.267B over the four-period window, down $460M, while revenue and margins improved. That is a favorable working-capital and demand/supply signal based on the provided data.

Financial Health

The latest reported period shows very strong financial health in the context of the supplied four-period trend.
Liquidity is robust:
- Current assets of $41.413B versus current liabilities of $14.296B.
- Current ratio of 2.90, the highest of the four provided periods.
- Working capital of $27.117B, up sharply from $17.605B in the prior quarter.
Profitability is at the strongest point in the provided period set:
- Gross margin 74.41%
- Operating margin 67.62%
- Net margin 57.77%
Cash generation is also at the strongest point:
- Cash from operations: $20.314B
- Free cash flow: $8.538B
Leverage trend is favorable:
- Debt/equity declined from 0.30 four periods ago to 0.13 in the latest period.
- Total liabilities rose only $1.401B over the four-period window, while shareholders’ equity rose $21.711B.
The main fundamental caveat is cyclicality/volatility implied by the revenue sequence:
- Revenue jumped from $9.301B to $37.378B, then fell to $13.643B, then rebounded to $23.860B.
- Even though the latest quarter is very strong, the uneven path suggests traders should avoid assuming a smooth linear growth curve from the financials alone.

Insider Activity

Insider sentiment for 2026-03-06 to 2026-06-04 is listed as Neutral (-10).
Reported insider activity is heavily sell-skewed:
- Buys: $0.00 across 2 transactions
- Sells: $92.889M across 99 transactions
- Net: -$92.889M
- Filings parsed: 12
Recent transactions from 2026-05-05 to 2026-06-04 show repeated sales by insiders including Sanjay Mehrotra, Steven J. Gomo, and Michael Charles Ray.
Notable recent selling:
- Sanjay Mehrotra reported multiple sales on 2026-05-29, with prices ranging in the provided entries from roughly $942.14 to $979.37.
- Earlier May sales occurred around $511.91 to $539.49 on 2026-05-01.
- Steven J. Gomo sold 2,000 shares total on 2026-05-11 at $786.47 and $787.60.
Interpretation:
- The insider data is not enough to prove a negative fundamental inflection, especially because insider sales can be planned or compensation-related.
- However, for traders, the absence of open-market buying and the large dollar value of sales near a major stock advance should be treated as a sentiment overhang, particularly if price fails to hold support after the recent rally.

Multi-Timeframe Technical Context

Daily timeframe: strong long-term uptrend, but extended.
- 200 daily bars: open $122.94 to close $1,024.94, up 733.69%.
- Current daily price near $1,007.04 remains far above:
  - EMA 12: $930.34
  - EMA 26: $806.14
  - EMA 50: $680.85
  - SMA 200: $357.20
- Daily RSI is elevated at 69.35 on RSI-14 and 70.71 on RSI-21.
- Daily MACD is positive: 124.2035 vs signal 106.7789.
- Daily Bollinger upper band is $1,111.61, with price below that upper band but still well above the 20-day middle band at $839.50.
- Daily ATR is very high at $68.38, confirming large expected movement.
1-hour timeframe: pullback pressure within a larger uptrend.
- 200 hourly bars: open $732.00 to close $1,006.75, up 37.53%.
- But current 1H momentum is weak:
  - RSI-14: 27.23, oversold by common technical standards.
  - MACD: -13.7383 vs signal -6.7018, bearish.
  - Price is below EMA 12 $1,020.53, EMA 26 $1,034.27, EMA 50 $1,028.66, SMA 20 $1,041.36, and SMA 50 $1,045.60.
- However, price remains above 1H SMA 200 at $876.38, so the larger hourly structure has not fully broken.
- 1H Bollinger lower band is $982.02; a sustained break below that would signal deeper downside pressure.
- Current 1H volume 5.748M is above the 20-bar average 3.351M, indicating the pullback/volatility is occurring on elevated participation.
15-minute timeframe: neutral-to-fragile.
- Current price: $1,006.75
- RSI-14: 48.93, roughly neutral.
- MACD is negative at -6.0508, but above its signal -8.6555, suggesting downside momentum may be trying to stabilize.
- Price is above SMA 20 $1,003.63, but below SMA 50 $1,028.09 and SMA 200 $1,045.52.
- This points to a short-term rebound attempt that still sits below broader intraday resistance.
5-minute timeframe: intraday bounce, but still below longer intraday trend.
- 200 bars: open $1,064.56 to close $1,006.75, down 5.43%.
- RSI-14: 60.44, constructive but not extreme.
- MACD 1.6676 is above signal 0.7745, indicating near-term bullish momentum.
- Price is above SMA 20 $1,002.66, but below SMA 200 $1,038.21.
- Volume current 336K is below 20-bar average 552K, so the bounce lacks strong volume confirmation.
1-minute timeframe: very short-term overbought.
- 200 bars: open $995.80 to close $1,024.93, up 2.93%.
- RSI-14: 76.71, RSI-21: 72.81 — stretched on the micro timeframe.
- Price is above EMA 12, EMA 26, EMA 50, SMA 20, SMA 50, and SMA 200.
- Price is close to the 1m Bollinger upper band $1,026.28, so chasing here carries near-term pullback risk.
- 1m volume current 84K is slightly below 20-bar average 90K, suggesting the final push is not volume-accelerating.

Bull / Bear Cases

Short-term bull case — minutes to days
- Price is holding above key short intraday averages on the 1m and 5m charts.
- 5m MACD is positive relative to signal, and 15m MACD is improving versus signal.
- If price reclaims and holds above the 1H EMA cluster around $1,020–$1,034, momentum traders may target the 1H SMA 20/50 area near $1,041–$1,046, then the session high at $1,089.29.
- The daily trend remains very strong, with price far above the 50-day and 200-day moving averages.
Short-term bear case — minutes to days
- The 1H chart is weak: RSI-14 is 27.23, MACD is bearish, and price is below the key hourly moving averages.
- The 1m chart is overbought, with RSI-14 at 76.71, making a micro pullback likely if buyers do not keep pressing.
- Failure to hold the 15m/5m support zone near $1,002–$1,003 could bring the 1H Bollinger lower band around $982.02 into play.
- A decisive break under $982 would shift focus to the recent intraday low zone around $971.68.

…

Financials

From SEC EDGAR · Period 2026-02-26 · Source form 10-Q

Income Statement · last 4 periods

	2026-02-26 10-Q	2025-11-27 10-Q	2025-08-28 10-K	2025-05-29 10-Q
Revenue	$23.86B	$13.64B	$37.38B	$9.30B
Gross Profit	$17.75B	$7.65B	$14.87B	$3.51B
Operating Income	$16.14B	$6.14B	$9.77B	$2.17B
Net Income	$13.79B	$5.24B	$8.54B	$1.89B
EPS (Diluted)	$12.07	$4.60	$7.59	$1.68
Gross Margin	74.41%	56.04%	39.79%	37.72%
Operating Margin	67.62%	44.98%	26.14%	23.32%
Net Margin	57.77%	38.41%	22.84%	20.27%

Balance Sheet · last 4 periods

	2026-02-26 10-Q	2025-11-27 10-Q	2025-08-28 10-Q	2025-05-29 10-Q
Total Assets	$101.51B	$85.97B	$82.80B	$78.40B
Total Liabilities	$29.05B	$27.16B	$28.63B	$27.65B
Shareholders' Equity	$72.46B	$58.81B	$54.16B	$50.75B
Cash & Equivalents	$13.91B	$9.73B	$9.64B	$10.16B
Long-term Debt	$9.56B	$11.19B	$14.02B	$15.00B
Current Ratio	2.90	2.46	2.52	2.75
Debt / Equity	0.13	0.19	0.26	0.30

Cash Flow · last 4 periods

	2026-02-26 10-Q	2025-11-27 10-Q	2025-08-28 10-K	2025-05-29 10-Q
Cash from Operations	$20.31B	$8.41B	$17.52B	$11.79B
Cash from Investing	-$10.12B	-$4.59B	-$14.09B	-$8.89B
Cash from Financing	-$5.91B	-$3.75B	-$850.00M	$214.00M
Capital Expenditures	$11.78B	$5.39B	$15.86B	$10.20B
Free Cash Flow	$8.54B	$3.02B	$1.67B	$1.60B

Income Statement

Revenue: $37.50B
Gross Profit: $25.40B
Operating Income: $22.27B
Net Income: $19.02B
EPS (Basic): $16.91
EPS (Diluted): $16.68

Balance Sheet

Total Assets: $101.51B
Total Liabilities: $29.05B
Shareholders' Equity: $72.46B
Cash & Equivalents: $13.91B
Long-term Debt: $3.27B
Shares Outstanding: 1.13B

Cash Flow

Cash from Operations: $20.31B
Cash from Investing: -$10.12B
Cash from Financing: -$5.91B
Capital Expenditures: $11.78B
Free Cash Flow: $8.54B

Key Ratios

Gross Margin

67.73%

Operating Margin

59.38%

Net Margin

50.73%

Current Ratio

2.90

Debt / Equity

0.05

Free Cash Flow

$8.54B

Insider Activity

5 insider filings (2026-05-05 to 2026-06-04) — sourced directly from SEC Forms 4/5

Buys

$0.00 · 0

Sells

$39.98M · 68

Net

-$39.98M

Filings Parsed

Trade Date	Insider	Action	Shares	Price	Value
2026-05-29	MEHROTRA SANJAY	Sell	560	$973.75	$545.3K
2026-05-29	MEHROTRA SANJAY	Sell	550	$974.44	$535.9K
2026-05-29	MEHROTRA SANJAY	Sell	661	$975.57	$644.9K
2026-05-29	MEHROTRA SANJAY	Sell	166	$976.75	$162.1K
2026-05-29	MEHROTRA SANJAY	Sell	544	$977.95	$532.0K
2026-05-29	MEHROTRA SANJAY	Sell	80	$979.37	$78.3K
2026-05-29	MEHROTRA SANJAY	Sell	105	$942.14	$98.9K
2026-05-29	MEHROTRA SANJAY	Sell	175	$943.09	$165.0K

Key Stats

$506.78BMarket cap

$531.3652-week high

$73.5052-week low

48,067,045Avg volume (30d)

53,000 employees1.13B shares outstandinglisted 1984-06-01dividend yield 0.12%

Next earnings ~Jul 1, 2026 · Ex-dividend Mar 30, 2026 · Dividend $0.15 quarterly

About Micron

Micron is one of the largest semiconductor companies in the world, specializing in memory and storage chips. Its primary revenue stream comes from dynamic random access memory, or DRAM, and it also has minority exposure to not-and or NAND, flash chips. Micron serves a global customer base, selling chips into data centers, mobile phones, consumer electronics, and industrial and automotive applications. The firm is vertically integrated.

https://www.micron.com

Recent SimianX AI Analyses

decision—confidence 65%
MARKET STATE: MU is in a strong multi-month uptrend on the daily but just gapped down sharply today and is now consolidating near $1022 after rejecting the lows. MY READ: Fundamentals remain constructive longer-term, but the combination of today’s gap, overbought RSI, lighter volume, and bearish market-intelligence narrative suggests near-term caution. A pullback or sideways digestion is probable before the next sustained leg higher. MY ANALYSIS: The technical picture is still bullish on structure, but the news flow is warning of rotation out of semis and potential overvaluation. Price is already extended versus the EMA stack, and volume is light on the bounce attempt. Waiting for stabilization or a cleaner retest of support gives better risk/reward than chasing here. AI DECISION (for next days to a week): Action: NO_TRADE Confidence: 0.65 Rationale: Trend is bullish but price action and sentiment have diverged; the gap-down rejection and macro rotation concerns make a patient stance preferable. A later LIMIT entry on a deeper pullback would offer a superior setup with clearer risk parameters.
decision—confidence 65%
MARKET STATE: MU is in a powerful multi-month uptrend on the daily but is experiencing a sharp intraday reversal (gap-down open + subsequent recovery pin-bar) with overbought momentum and bearish market-intelligence signals. MY READ: Fundamentals remain bullish on a longer horizon, yet the immediate tape shows distribution (volume below average on the gap-down day) and macro sentiment is rotating away from semis. The risk of a deeper 1–3 day pullback outweighs the reward of chasing here. AI DECISION (for next days to a week): Action: NO_TRADE Confidence: 0.65 Rationale: Trend is still up, but price has already extended, RSI is overbought, volume is weak on the reversal day, and intelligence flags high-impact bearish catalysts. Waiting for either a deeper pullback toward the EMA12 (~$930) or a confirmed stabilization above today’s low would provide a higher-probability, lower-risk entry.
decision—confidence 75%
MARKET STATE: MU is trading at $1021.61 in a technically bullish 1D structure but facing fresh bearish catalyst pressure from a sharp intraday sell-off and sector rotation headlines. MY READ: The technical indicators show strong bullish momentum on the 1D timeframe, yet the immediate catalyst narrative is clearly bearish (crash headlines + valuation concerns + chip rotation). Fundamentals remain supportive longer-term, but the near-term tape is dominated by the negative sentiment, creating a conflict between trend and catalyst. MY ANALYSIS: - Technicals (bull, 0.88 strength) and fundamentals (bull, 0.72 confidence) both point higher, but the intelligence feed (bear, 0.79 strength) is driven by a specific sell-off catalyst that appears to be dominating price action today. - The market is pricing in near-term concerns around valuation and sector rotation, which overrides the longer-term bullish setup for the next few days. - Given the HARD TREND RULE, the immediate bearish catalyst plus the explicit "crashed today" narrative makes it unwise to step in front of this move without clear evidence of stabilization. AI DECISION (for next days to a week): Action: NO_TRADE Confidence: 0.75 Rationale: While the 1D technicals and fundamentals are bullish, the dominant near-term catalyst (sharp sell-off + valuation concerns + sector rotation) creates too much conflict for a high-conviction entry. The price is already extended to the downside on the catalyst, and entering long here would mean fighting the tape. Waiting for either a stabilization above key support or a clearer resolution of the bearish catalyst is the disciplined approach.
decision—confidence 65%
MARKET STATE: MU is in a strong 1D uptrend on technicals and fundamentals, but intelligence is flagging a sharp intraday selloff with bearish headlines. MY READ: The technical and fundamental agents are aligned bullishly and price has held the broader uptrend, yet the intelligence narrative shows a clear rotation out of semis and a specific “crash” catalyst. This disagreement plus the extended price level suggests waiting for a cleaner entry rather than chasing. AI DECISION (for next days to a week): Action: NO_TRADE Confidence: 0.65 Rationale: Trend direction and technical strength support a bullish bias, but the strong bearish intelligence (0.80 confidence) and headline-driven selloff indicate near-term downside risk or at least consolidation. With price already extended and no clear retest level provided, waiting preserves capital until either the bearish catalyst fades or price retraces to a more attractive zone.
decision—confidence 65%
MARKET STATE: MU is in a clear uptrend on the daily but just experienced a sharp headline-driven selloff that has created a short-term bearish sentiment divergence. MY READ: Fundamentals and the 1D technicals both point bullish, but the dominant news narrative is negative ("stock crashed," "expensive call option on AI bubble") and the rotation out of semis is real. Price is extended after the prior run and now sits at a level where a relief bounce or further digestion is equally plausible over the next few days. MY ANALYSIS: The technicals remain strong and the fundamental thesis is intact, yet the immediate catalyst is bearish and macro money is rotating away from chips. Chasing here would mean ignoring both the news flow and the rotation risk. A patient entry at a retest of support gives better risk/reward than a market fill into weakness. AI DECISION (for next days to a week): Action: NO_TRADE Confidence: 0.65 Rationale: With conflicting signals—bullish technicals/fundamentals vs. strong negative sentiment and sector rotation—the edge is unclear. Waiting for either a confirmed reversal above the recent high or a deeper pullback to a level I’d actually want to own allows me to avoid fighting the tape or chasing an extended name into headline risk.
decision—confidence 65%
MARKET STATE: MU is in a strong bullish technical structure on the 1D chart but is currently under immediate bearish pressure from a sharp price drop and sector rotation out of chips. MY READ: The technical indicators remain strongly bullish, yet the intelligence layer is flagging a high-impact negative catalyst ("Why Micron Stock Crashed Today") and macro rotation away from semis. This creates a classic disagreement: price structure says "buy the dip," but the narrative and flow say "wait for clarity." Given the 1-week horizon and a clear near-term overhang, chasing now risks catching a falling knife. MY ANALYSIS: Fundamentals are still net bullish, but the intelligence confidence (0.80) and the explicit "crash" narrative outweigh the technical strength for the immediate next few days. The macro rotation out of chips is a real headwind. A limit order below the current price could work if the dip stabilizes, but the setup is not clean enough to justify a market fill or large size. AI DECISION (for next days to a week): Action: NO_TRADE Confidence: 0.65 Rationale: Strong technicals are being overridden by a high-conviction bearish catalyst and sector rotation; waiting for either a stabilization or a clearer re-entry level is the lower-risk path.