MU vs NOW: Which Is the Better Buy?
Side-by-side comparison of Micron Technology, Inc. and ServiceNow, Inc. — fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-07-18.
Micron Technology, Inc. · Technology
$1,048.51
-45.0% upside to fair value
Grade C
VS
ServiceNow, Inc. · Technology
$103.24
+45.0% upside to fair value
Grade B
High Quality
QuantHub Verdict
NOW has more upside to fair value
(+45.0%).
MU trades at a lower forward P/E
(23.4x).
These are model outputs — not personalized investment advice.
See all research →
Valuation & Fundamentals
| Metric |
MU |
NOW |
| Current Price |
$1,048.51 |
$103.24 |
| Fair Value Estimate |
$576.68 |
$149.70 |
| Upside to Fair Value |
-45.0%
|
+45.0%
|
| Market Cap |
$1,182.4B |
$106.5B |
| Forward P/E |
23.4x
|
61.1x
|
| EV / EBITDA |
25.9x
|
32.9x
|
| Price / Sales |
13.1x
|
7.6x
|
| Price / FCF |
25.8x
|
23.0x
|
| Revenue Growth YoY |
+345.7%
|
+22.1%
|
| Gross Margin |
72.6%
|
76.6%
|
| Operating Margin |
65.7%
|
13.4%
|
| Return on Equity |
70.5%
|
15.0%
|
| Dividend Yield |
0% |
0% |
| FCF Yield |
3.87%
|
4.35%
|
| Analyst Consensus |
Strong Buy
|
Strong Buy
|
Investment Thesis
Micron Technology is a leading semiconductor company specializing in DRAM and NAND memory products, with a strong focus on high-value memory for cloud and AI applications. The company benefits from scale, advanced process technology, and U.S.-based manufacturing, but its competitive moat is narrow and cyclical compared to peers like Samsung and SK Hynix. Micron's recent financial performance is e…
ServiceNow, Inc. operates in the technology sector specializing in software applications, delivering high-quality enterprise cloud solutions with a durable competitive moat evidenced by a 15% return on equity and strong gross margins of 76.6%. The company is currently in an investing growth phase with 22.1% revenue growth in the most recent quarter, although earnings growth is modest at 2.0%. Des…
Accumulation Zones
| Metric |
MU |
NOW |
| Zone Low |
$432.51 |
$112.27 |
| Zone High |
$490.18 |
$127.24 |
| In Buy Zone? |
No
|
Yes
|