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Intrinsic Value

MICRON TECHNOLOGY INC · MU

DCF

Conservative

More adverse but historically defensible assumptions.

$113.28

Base

The model's central intrinsic-value estimate.

$212.87

Optimistic

More favorable but historically defensible assumptions.

$435.69

Scenarios are the same model run under different but historically defensible assumptions. They are not price targets. Where a valuation gap is shown it is a comparison with a recent close, not a forecast return; where the price is stale, no gap is shown at all.

Model confidence: 65%Valuation as of Sep 21, 2026Latest filing used Oct 3, 2025

Confidence reflects data completeness, accounting quality, and model reliability. It is not a probability of future price.

Valuation drivers
Normalized operating margin
24.4%
Normalized NOPAT margin
22.3%
Revenue growth
29.3%
WACC
9.16%
Terminal growth
2.50%
Reinvestment method
incremental roic
Terminal-value share
96.9%
Model notes (5)
  • Terminal value is 97% of enterprise value (Base case)
  • Terminal value is 103% of enterprise value (Conservative case)
  • Terminal value is 95% of enterprise value (Optimistic case)
  • Minority interest not reported
  • Preferred equity not reported
Model details
Normalization
V1
Scenario
V2
Confidence
V1
Engine version
valuation-1.0.1-share-units-terminal
Data snapshot
filed:2025-10-03