Micron Technology, Inc. (NASDAQ:MU) is a leading player in the semiconductor industry, specializing in memory and storage solutions. The company is a significant force in the Zacks Computer - Integrated Systems industry. Micron's products are essential for various applications, including computing, networking, and mobile devices. The company competes with other tech giants in the memory sector, such as Samsung and SK Hynix.
On December 17, 2025, Micron reported earnings per share (EPS) of $4.78, surpassing the estimated $3.91. This represents a substantial increase from the $1.79 per share reported in the same quarter last year. The earnings surprise for this quarter was +22.25%, as highlighted by Zacks. In the previous quarter, Micron also exceeded expectations with earnings of $3.03 per share against an anticipated $2.86, resulting in a +5.94% surprise.
Micron generated revenue of approximately $13.64 billion for the quarter ending November 2025, slightly below the estimated $14.23 billion. However, this figure exceeded the Zacks Consensus Estimate by 7.26% and marked a notable rise from the $8.71 billion reported a year ago.
Over the past four quarters, Micron has consistently surpassed consensus revenue estimates, reflecting its robust market position. Following the announcement of its fiscal first-quarter results, Micron's stock experienced a notable increase in extended hours trading. The company's strong performance, driven by high demand for computer memory in the AI sector, led to a 5% increase in its share price. Micron's positive forecast for the current quarter further bolstered investor confidence. Micron's financial metrics provide insight into its market valuation.
The company's price-to-earnings (P/E) ratio is approximately 29.47, indicating the price investors are willing to pay for each dollar of earnings. The price-to-sales ratio stands at about 6.73, while the enterprise value to sales ratio is around 6.88. Additionally, the debt-to-equity ratio is 0.28, suggesting a relatively low level of debt compared to equity. The current ratio of approximately 2.52 indicates a strong ability to cover short-term liabilities with short-term assets.
