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Micron Technology (MU, Semiconductors) Stock Valuation & Fair Value High quality, attractively priced for its growth

Micron Technology (MU, Semiconductors) trades at a blended P/E of 13.7, about 41% below its historical normal valuation, with a forward growth estimate of 52.2% and a PEG of 0.26.

DATA AS OF 2026-08-21
Blended P/E
13.7
Normal P/E
23.3
PEG
0.26
Fwd growth
52.2%
Div yield
0.1%
RSI (14)
52.4
Neutral

The Street vs SeerForecast

Wall Street's mean price target for MU is $1,501.98 across 43 analysts, 55.4% above the current price. The average analyst rating is Strong Buy. Our SeerForecast read of the same stock, formed without analyst targets: high quality, attractively priced for its growth. When the two disagree, start your digging there.

Valuation flags

Verdict history

tickerseer's rating moved from quality business with a solid forward outlook (2026-06-03) to high quality, attractively priced for its growth (2026-08-21).

Price and rating by weekClose moved -10.0 percent from 2026-06-03 to 2026-08-17, with 1 rating change over 21 recorded weeks.2026-06-03: Quality business with a solid forward outlook, close 1,079.40 (recalculated)2026-06-10: Quality business with a solid forward outlook, close 891.74 (recalculated)2026-06-14: Quality business with a solid forward outlook, close 981.46 (recalculated)2026-06-16: Quality business with a solid forward outlook, close 1,020.60 (recalculated)2026-06-21: Quality business with a solid forward outlook, close 1,133.82 (recalculated)2026-07-02: High quality, attractively priced for its growth, close 975.41 (recalculated)2026-07-06: High quality, attractively priced for its growth, close 984.75 (recalculated)2026-07-09: High quality, attractively priced for its growth, close 991.64 (recalculated)2026-07-12: High quality, attractively priced for its growth, close 979.30 (recalculated)2026-07-13: High quality, attractively priced for its growth, close 937.00 (recalculated)2026-07-14: High quality, attractively priced for its growth, close 983.12 (recalculated)2026-07-20: High quality, attractively priced for its growth, close 865.46 (recalculated)2026-07-22: High quality, attractively priced for its growth, close 959.48 (recalculated)2026-07-25: High quality, attractively priced for its growth, close 920.95 (recalculated)2026-07-27: High quality, attractively priced for its growth, close 900.20 (recalculated)2026-07-31: High quality, attractively priced for its growth, close 823.03 (recalculated)2026-08-03: High quality, attractively priced for its growth, close 823.032026-08-07: High quality, attractively priced for its growth, close 877.57 (recalculated)2026-08-10: High quality, attractively priced for its growth, close 877.572026-08-14: High quality, attractively priced for its growth, close 971.66 (recalculated)2026-08-17: High quality, attractively priced for its growth, close 971.661,0799722026-06-032026-08-17
Attractively valuedFairly valuedAbove fair valueLarger dot: a stronger reading

Not every point was recorded live. Points marked recalculated apply today's valuation rules to the metrics tickerseer archived that week.

2026-06-03P/E 20.0-14%Quality business with a solid forward outlook
2026-06-10P/E 18.2-22%Quality business with a solid forward outlook
2026-06-14P/E 18.2-22%Quality business with a solid forward outlook
2026-06-16P/E 18.2-22%Quality business with a solid forward outlook
2026-06-21P/E 18.2-22%Quality business with a solid forward outlook
2026-07-02P/E 16.6-29%High quality, attractively priced for its growth
2026-07-06P/E 15.6-33%High quality, attractively priced for its growth
2026-07-09P/E 15.6-33%High quality, attractively priced for its growth
2026-07-12P/E 15.3-34%High quality, attractively priced for its growth
2026-07-13P/E 15.3-34%High quality, attractively priced for its growth
2026-07-14P/E 15.3-34%High quality, attractively priced for its growth
2026-07-20P/E 13.0-44%High quality, attractively priced for its growth
2026-07-22P/E 13.0-44%High quality, attractively priced for its growth
2026-07-25P/E 13.9-41%High quality, attractively priced for its growth
2026-07-27P/E 13.9-41%High quality, attractively priced for its growth
2026-07-31P/E 12.9-45%High quality, attractively priced for its growth
2026-08-03P/E 12.2-48%High quality, attractively priced for its growth
2026-08-07P/E 12.8-45%High quality, attractively priced for its growth
2026-08-10P/E 12.7-45%High quality, attractively priced for its growth
2026-08-14P/E 13.6-42%High quality, attractively priced for its growth
2026-08-17P/E 13.8-41%High quality, attractively priced for its growth
2026-08-21P/E 13.7-41%High quality, attractively priced for its growth ← now

Frequently asked questions

Is Micron Technology stock overvalued?

At a blended P/E of 13.7 versus its historical normal P/E of 23.3, Micron Technology trades about 41% below its typical valuation, with a PEG of 0.26 on 52.2% forward growth. tickerseer currently rates it high quality, attractively priced for its growth.

What is Micron Technology's fair value and PEG?

Micron Technology trades at a blended P/E of 13.7 against a historical normal P/E of 23.3, a PEG of 0.26, and a forward growth estimate of 52.2%.

Has tickerseer's rating of Micron Technology changed?

tickerseer's rating moved from quality business with a solid forward outlook (2026-06-03) to high quality, attractively priced for its growth (2026-08-21).

What is the analyst price target for Micron Technology?

The mean Wall Street price target for Micron Technology is $1,501.98 across 43 analysts, 55.4% above the current price. tickerseer's SeerForecast verdict is formed independently of analyst targets.

Industry: Semiconductors. Create a free account to see the full analysis: the SeerAI score, its five quality sub-scores, valuation history, and the AI research note. Options setups and metric history are part of the paid plans.

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