Micron Technology Inc

MU: XNAS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Micron: Valuation Higher Heading Into Earnings, but Long-Term Cyclicality Keeps Us on the Sidelines

William Kerwin

Mar 12, 2026

We've updated our Micron Technology valuation and model ahead of the firm's fiscal second-quarter (ending in February) results, to be reported on March 18.

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Micron Technology Inc

Micron: Valuation Higher Heading Into Earnings, but Long-Term Cyclicality Keeps Us on the Sidelines

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