HD vs MU: Which Is the Better Buy?

Side-by-side comparison of The Home Depot, Inc. and Micron Technology, Inc. — fair value, conviction, valuation metrics, and QuantHub research signals. Updated 2026-05-20.
The Home Depot, Inc. · Consumer Cyclical
$302.44
+22.0% upside to fair value
Med Conviction Grade B+
VS
Micron Technology, Inc. · Technology
$455.07
-45.0% upside to fair value
Grade D High Quality
QuantHub Verdict
HD has more upside to fair value (+22.0%). HD trades at a lower forward P/E (20.5x). These are model outputs — not personalized investment advice. See all research →
Valuation & Fundamentals
Metric HD MU
Current Price $302.44 $455.07
Fair Value Estimate $369.00 $250.29
Upside to Fair Value +22.0% -45.0%
Market Cap $301.2B $513.2B
Forward P/E 20.5x 21.2x
EV / EBITDA 16.5x 13.8x
Price / Sales 2.0x 8.8x
Price / FCF 26.6x 49.9x
Revenue Growth YoY +4.8% +196.3%
Gross Margin 33.3% 58.4%
Operating Margin 12.7% 48.5%
Return on Equity 110.5% 40.8%
Dividend Yield 2.72% 0%
FCF Yield 3.75% 2.0%
Analyst Consensus Buy Strong Buy
Investment Thesis
HD — The Home Depot, Inc.
Home Depot remains the world's largest home improvement retailer with 2,350+ stores, dominant 52% market share, and an expanding Pro contractor segment bolstered by the SRS Distribution acquisition. Q1 FY2026 results released May 19 beat both the top and bottom line, with revenue of $41.77B up 4.8% year over year and adjusted EPS of $3.43 versus the $3.41 consensus. Comp sales grew only 0.6% howe…
MU — Micron Technology, Inc.
Micron Technology, Inc. is a leading semiconductor company specializing in memory and storage solutions, with a dominant position in DRAM and NAND markets. The company benefits from a strong business quality characterized by high profitability, exceptional revenue growth of 196.3% year-over-year in the most recent quarter, and a robust return on equity of 40.8%. Despite these strengths, the stock…
Accumulation Zones
Metric HD MU
Zone Low $276.75 $187.72
Zone High $313.65 $212.75
In Buy Zone? Yes No
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