CVX vs MU: Which Is the Better Buy?

Side-by-side comparison of Chevron Corporation and Micron Technology, Inc. β€” fair value, conviction, valuation metrics, and QuantHub research signals. Updated 2026-04-11.
Chevron Corporation Β· Energy
$188.52
-23.1% upside to fair value
Grade D
VS
Micron Technology, Inc. Β· Technology
$421.51
-20.2% upside to fair value
Low Conviction Grade D
QuantHub Verdict
MU has more upside to fair value (-20.2%). MU trades at a lower forward P/E (19.7x). These are model outputs β€” not personalized investment advice. See all research β†’
Valuation & Fundamentals
Metric CVX MU
Current Price $188.52 $421.51
Fair Value Estimate $145.00 $336.45
Upside to Fair Value -23.1% -20.2%
Market Cap $376.9B $475.4B
Forward P/E 22.9x 19.7x
EV / EBITDA 7.8x 12.8x
Price / Sales 1.5x 8.2x
Price / FCF 17.0x 21.6x
Revenue Growth YoY -4.6% +74.9%
Gross Margin 30.4% 58.4%
Operating Margin 9.0% 48.5%
Return on Equity 6.6% 40.8%
Dividend Yield 4.52% 0%
FCF Yield 5.89% 4.64%
Analyst Consensus Buy Strong Buy
Investment Thesis
CVX β€” Chevron Corporation
Chevron Corporation is a leading integrated oil and gas major with global upstream and downstream operations, a fortress balance sheet, and a shareholder-friendly capital return program. Under CEO Mike Wirth, the company has prioritized disciplined capital allocation, returning over $27 billion to shareholders in 2024 alone through buybacks and dividends, while maintaining a 38-year streak of con…
MU β€” Micron Technology, Inc.
Micron Technology, Inc. is a leading semiconductor company specializing in memory and storage solutions, including DRAM and NAND products, which are critical for AI, data centers, mobile, and embedded applications. The company benefits from strong revenue growth of 74.9% year-over-year and exceptional profitability with a net margin of 41.5% and return on equity of 40.8%. Despite these strengths …
Accumulation Zones
Metric CVX MU
Zone Low $108.75 $252.34
Zone High $123.25 $285.98
In Buy Zone? No No
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