MU vs SMCI: Which Is the Better Buy?
Side-by-side comparison of Micron Technology, Inc. and Super Micro Computer, Inc. — fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-04-18.
Micron Technology, Inc. · Technology
$421.51
-20.2% upside to fair value
Low Conviction
Grade D
VS
Super Micro Computer, Inc. · Technology
$28.56
+435.6% upside to fair value
Grade B
QuantHub Verdict
SMCI has more upside to fair value
(+435.6%).
SMCI trades at a lower forward P/E
(19.5x).
These are model outputs — not personalized investment advice.
See all research →
Valuation & Fundamentals
| Metric |
MU |
SMCI |
| Current Price |
$421.51 |
$28.56 |
| Fair Value Estimate |
$336.45 |
$152.97 |
| Upside to Fair Value |
-20.2%
|
+435.6%
|
| Market Cap |
$475.4B |
$17.1B |
| Forward P/E |
19.7x
|
19.5x
|
| EV / EBITDA |
12.8x
|
15.0x
|
| Price / Sales |
8.2x
|
0.6x
|
| Price / FCF |
21.6x
|
38.9x
|
| Revenue Growth YoY |
+74.9%
|
+152.8%
|
| Gross Margin |
58.4%
|
8.0%
|
| Operating Margin |
48.5%
|
3.7%
|
| Return on Equity |
40.8%
|
13.3%
|
| Dividend Yield |
0% |
0% |
| FCF Yield |
4.64%
|
2.57%
|
| Analyst Consensus |
Strong Buy
|
Hold
|
Investment Thesis
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 …
Super Micro Computer, Inc. is a technology company specializing in server and storage systems with a dominant focus on AI GPU platforms that now drive over 70% of its revenues. The company benefits from a founder-led management team with deep industry expertise and long tenure, and it has scaled rapidly with revenue growth exceeding 150% year-over-year. Despite this explosive growth, profitabilit…
Accumulation Zones
| Metric |
MU |
SMCI |
| Zone Low |
$252.34 |
$114.73 |
| Zone High |
$285.98 |
$130.02 |
| In Buy Zone? |
No
|
Yes
|