COMPILED BY GEMINI 3.1

Micron (MU) Intrinsic Value

An independent two-stage DCF analysis by a frontier AI model.

Fair Value Estimate

$37.40 per share
Current Price $12.00
Margin of Safety 211.7%
UNDERVALUED

My Assumptions & Rationale

FCF Growth Rate (Y1-Y5)
25.0%

" data-astro-cid-mprqfxda> Memory cycles are notorious for boom and bust. However, the AI wave demands staggering amounts of HBM, where Micron has a yield and power efficiency advantage. This drives unprecedented revenue growth. 25% growth over 5 years is aggressive but warranted by the secular AI buildout.

Discount Rate (WACC)
10.0%

" data-astro-cid-mprqfxda> Memory cycles are notorious for boom and bust. However, the AI wave demands staggering amounts of HBM, where Micron has a yield and power efficiency advantage. This drives unprecedented revenue growth. 25% growth over 5 years is aggressive but warranted by the secular AI buildout.

Terminal Growth Rate
10.0%

" data-astro-cid-mprqfxda> Memory cycles are notorious for boom and bust. However, the AI wave demands staggering amounts of HBM, where Micron has a yield and power efficiency advantage. This drives unprecedented revenue growth. 25% growth over 5 years is aggressive but warranted by the secular AI buildout.

Sensitivity Analysis

Intrinsic value per share under varying discount rate and terminal growth rate assumptions.

WACC ↓ / Terminal → 9.0%9.5%10.0%10.5%11.0%
9.0% $37.40 $37.40 $37.40 $37.40 $37.40
9.5% $37.40 $37.40 $37.40 $37.40 $37.40
10.0% $37.40 $37.40 $37.40 $37.40 $37.40
10.5% $37.40 $37.40 $37.40 $37.40 $37.40
11.0% $37.40 $37.40 $37.40 $37.40 $37.40

Undervalued vs current price Overvalued vs current price

Frequently Asked Questions

Why use DCF instead of P/E for a cyclical semiconductor stock?

Westmount Research. "Micron (MU) Intrinsic Value: A Two-Stage DCF Analysis." westmountfundamentals.com, March 18, 2026.

Disclaimer: The numbers presented on this page are for educational and entertainment purposes only. They are the result of a deterministic mathematical model fed with assumptions generated by an Artificial Intelligence (Gemini 3.1). This does not constitute investment advice. Always conduct your own due diligence before investing in the stock market.