What Is MU Fair Value?
Micron Technology Inc. (MU) fair value estimate using multiple valuation models, updated daily.
As of August 1, 2026, Micron Technology Inc. (MU) has a composite fair value estimate of $1,093.96 based on four valuation models: DCF (35% weight), Graham Number (25% weight), PEG (25% weight), and DDM (15% weight). The current market price is $823.03, suggesting the stock is undervalued by 32.9%.
Data as of August 1, 2026 (today)
Composite Fair Value
Undervalued4 of 4 models$1,093.96
vs. current price of $823.03(+32.9%)
How Is MU Fair Value Calculated?
Four independent models estimate what MU is worth. Each uses different inputs and assumptions. The composite blends them by weight.
MU Intrinsic Value
Forward-looking models based on future cash flows
DCF (Discounted Cash Flow)
35% weightEstimates how much cash the company will generate over the next 10 years, then calculates what all that future cash is worth in today's dollars. Includes a 15% safety cushion. Try the standalone DCF calculator →
$191.91
-76.7%Overvalued
Inputs used
DDM (Dividend Discount Model)
15% weightIf a company pays you dividends, this model asks: how much are all those future dividend payments worth today? Only works for stocks that pay dividends. Try the intrinsic value calculator →
$6.91
-99.2%Overvalued
Inputs used
MU Fair Value
Current fundamentals: earnings, assets, and growth rate
Graham Number (Value Investing)
25% weightCreated by legendary investor Benjamin Graham. It looks at two things: how much the company earns (EPS) and what its assets are worth (Book Value), then calculates the maximum price a careful investor should pay. Try the fair value calculator →
$383.94
-53.4%Overvalued
Inputs used
PEG (Price/Earnings to Growth)
25% weightChecks if you're paying a fair price for the company's growth. A fast-growing company deserves a higher price than a slow one. This model finds the right price based on how fast earnings are growing.
$3,671.68
+346.1%Undervalued
Inputs used
What If You Change the Assumptions?
Drag the sliders to test different scenarios. Tap the ? buttons to learn what each input means.
Your DCF Fair Value
Current price $823.03 is 76.7% above this estimate
View 10-year cash flow projections
| Year | Projected FCF (Free Cash Flow) | Present Value |
|---|---|---|
| Year 1 | $9.55B | $8.22B |
| Year 2 | $11.94B | $8.84B |
| Year 3 | $14.92B | $9.51B |
| Year 4 | $18.65B | $10.23B |
| Year 5 | $23.31B | $11.01B |
| Year 6 | $29.14B | $11.84B |
| Year 7 | $36.43B | $12.74B |
| Year 8 | $45.53B | $13.70B |
| Year 9 | $56.92B | $14.74B |
| Year 10 | $71.15B | $15.86B |
| Terminal Value | $532.43B | $118.66B |
What Are MU's Key Financial Metrics?
Earnings & Growth
Current Price
$823.03
EPS (TTM)
$44.28
Forward P/E
5.3
Profit Margin
55.9%
Cash & Balance Sheet
Free Cash Flow
7.6B
EBITDA
68.2B
Book Value
$89.22
Total Debt
6.4B
What Do Analysts Say About MU?
Low
$361.00
Average
$1,522.26
High
$2,200.00
Upside
+85.0%
MU Fair Value FAQ
What is the fair value of MU?
Based on our composite model (DCF 35%, Graham 25%, PEG 25%, DDM 15%), MU's estimated fair value is $1,093.96. The stock is currently trading at $823.03, which makes it undervalued by our analysis.
How is MU's fair value calculated?
We use four valuation methods: Discounted Cash Flow (DCF), Graham Number, PEG-based Fair Value, and Dividend Discount Model (for dividend-paying stocks). The composite score weights DCF at 35%, Graham and PEG at 25% each, and DDM at 15%. When a model can't be applied, its weight is redistributed proportionally.
Is MU overvalued or undervalued?
Based on our analysis, MU is undervalued. The current price of $823.03 is 32.9% below our estimated fair value of $1,093.96.
What do Wall Street analysts say about MU?
42 analysts cover Micron Technology Inc. with a consensus rating of "Strong Buy." The average price target is $1,522.26, ranging from $361.00 to $2,200.00. This implies 85.0% upside from the current price.