Itau BBA has initiated coverage on Micron Technology Inc (MU) with an Outperform rating, marking its first assessment of the company. This decision reflects the firm's research and analysis of Micron's business, industry dynamics, and growth prospects.
Based in Boise, Idaho, Micron Technology engages in providing innovative memory and storage solutions. The company employs approximately 53,000 full-time employees and delivers a portfolio of high-performance dynamic random-access memory (DRAM), NAND, and NOR memory products through its Micron and Crucial brands. These products are essential for advancements in artificial intelligence (AI) and compute-intensive applications, serving various segments including data centers, mobile devices, and embedded markets.
As of November 18, 2025, Micron's market capitalization stands at $258.8 billion, with a price-to-earnings (P/E) ratio of 30.30 and an earnings per share (EPS) of 7.58. The company also boasts a dividend yield of 19.0%. Upcoming earnings are scheduled for June 23, 2026, with an estimated EPS of $4.64 and revenue of $14.4 billion.
Analyst ratings and price targets reflect professional opinions based on extensive research. While they can provide valuable insights, investors should consider a comprehensive range of factors, including company fundamentals and industry trends, when making investment decisions. Analyst views are subject to change as new information emerges, and differing opinions may exist among analysts regarding the same company.