Micron Technology Hits New 52-Week High at $170.45, Showcasing Strong Growth

Micron Technology, Inc. has reached a significant milestone by hitting a new 52-week high of USD 170.45 on September 18, 2025. This achievement underscores the company's robust performance in the Other Electrical Equipment industry, where it has demonstrated a remarkable one-year performance of 25.27%, outpacing the S&P 500's 17.14% gain.
With a market capitalization of USD 160,266 million, Micron is classified as a large-cap company. The stock's price-to-earnings (P/E) ratio stands at 28.00, reflecting its valuation in the market. Additionally, the company boasts a low debt-to-equity ratio of 0.04, indicating strong financial health and stability.

Micron's operational efficiency is highlighted by a return on equity (ROE) of 12.35% and a price-to-book ratio of 3.16. The company has consistently reported positive results, with net profit growth of 19.08% and a notable operating cash flow of USD 15,200 million. Furthermore, raw material costs have decreased by 43.09% year-over-year, contributing to its favorable financial metrics. This combination of strong fundamentals and market performance positions Micron Technology favorably within its industry.