APP vs MU Stock Comparison: Price, Growth & Valuation (2026)

Use MEXC Stock Compare for a detailed APP vs MU analysis. Compare APP and MU across price performance, growth, valuation, profitability and risk, based on market data and the latest reported financials.

APP vs MU Stock Comparison Summary

APP reported year-over-year revenue growth of 60.6%, compared with 167.0% for MU. Their P/E ratios are 23.9x and 24.0x, dividend yields are 0.00% and 0.05%, and 30-day volatility levels are 44.9% and 54.7%, respectively. These metrics highlight key differences in growth, valuation, dividend income and market risk. Overall neither stock has a clear lead based on the selected metrics.

Risk Disclaimer: MEXC Stock Compare provides information and comparisons on actual U.S.-listed stocks for reference only. Data may be delayed or inaccurate, does not constitute investment advice, and past performance does not guarantee future results.

APP vs MU Stock Return Comparison (1W)

APPMU

Compare the cumulative total returns of Applovin Corporation (APP) and Micron Technology, Inc. (MU) over the selected 1W period. Data as of 2026-09-24 12:00:00.

APP vs MU Key Equity Metrics Comparison Summary

Applovin Corporation (APP) has a market capitalization of $94.84B and operates in the Information Technology sector, with its main business classified under Application Software. Its latest quarterly revenue changed +60.6% year over year.

Micron Technology, Inc. (MU) has a market capitalization of $1.18T and operates in the Information Technology sector, with its main business classified under Semiconductors. Its latest quarterly revenue changed +167.0% year over year.

APP vs MU Key Stock Indicators

Comparison MetricApplovin Corporation
APP
Micron Technology, Inc.
MU
Comparison results

Stock Price & Returns

Latest delayed stock price with 1-day, 1-month and year-to-date returns.

$311.501D: -0.5%1M: +1.6%1Y: -51.5%$1,045.011D: -1.6%1M: +12.4%1Y: +546.4%MUWin

Market Capitalization

Total market value of the company's outstanding shares.

$94.84B$1.18TMUWin

Sector & Industry

The company's market sector and primary industry classification.

Information Technology / Application SoftwareInformation Technology / Semiconductors--
Based on delayed market data, APP is trading at $311.50, compared with $1,045.01 for MU. Their market capitalizations are $94.84B and $1.18T, respectively. Both companies operate in the Information Technology sector.
APP vs MU Growth & Profitability

Revenue Growth (YoY)

Year-over-year change in revenue.

+60.6%+167.0%MUWin

EPS Growth (YoY)

Year-over-year change in earnings per share.

+84.8%+697.3%MUWin

ROIC

Return generated from invested capital.

132.2%79.2%APPWin

Gross Margin / Operating Margin

Profitability before and after operating expenses.

88.5% / 77.4%72.6% / 65.7%APPWin
On growth, APP posted revenue growth of +60.6% and TTM EPS growth of +84.8%. MU, by comparison, posted revenue growth of +167.0% and TTM EPS growth of +697.3%.On profitability, APP recorded a gross margin of 88.5%, an operating margin of 77.4%, and ROIC of 132.2%. For MU, the corresponding figures were 72.6%, 65.7%, and 79.2%.Overall, the two stocks have different strengths across growth and profitability.
APP vs MU Valuation & Balance Sheet

Free Cash Flow Yield

Free cash flow as a percentage of market capitalization.

4.3%2.2%APPWin

Net Debt / EBITDA

Net debt relative to EBITDA; a negative value indicates net cash.

0.2x0.1xMUWin

Dividend Yield / Payout Ratio

Dividend returns relative to share price and the share of earnings paid as dividends.

0.00% / 0.0%0.05% / 1.2%MUWin
APP offers a higher free cash flow yield, indicating a less demanding valuation. MU has the stronger balance sheet, while MU provides the higher dividend yield. Overall, the two stocks differ mainly in valuation, financial strength and dividend income.
APP vs MU Returns & Risk

Total Return (Dividend-Adjusted)

Cumulative return over 1, 5 and 10 years, including dividends.

1Y: -51.5%5Y: +292.0%10Y: +377.8%1Y: +546.4%5Y: +1,311.5%10Y: +5,920.9%MUWin

30-Day Realized Volatility

Annualized volatility based on the past 30 days of daily returns.

44.9%54.7%APPWin

Beta (5Y vs S&P 500)

Sensitivity to market movements; above 1 indicates greater market volatility.

2.201.88MUWin
MU has delivered stronger long-term returns, but the risk indicators show mixed results.

APP vs MU Valuation & Dividend Metrics

Review APP compared with MU across valuation, cash flow and dividend metrics, including P/E, forward P/E, free cash flow yield and dividend yield. These figures are provided for reference only and do not represent a fair-value estimate, price target or investment recommendation.

MetricApplovin Corporation
APP
Micron Technology, Inc.
MU
Comparison results

Market Cap

$94.84B$1.18TMUWin

P/E (TTM)

23.9x24.0xAPPWin

P/S

15.4x13.4xMUWin

EV/EBITDA

19.5x17.4xMUWin

Dividend Yield

0.00%0.05%MUWin

APP vs MU Profitability Over Time

Compare APP and MU across gross margin and operating margin trends over time to understand how each company's profitability has changed. Based on reported financial data only; not a forecast or investment advice.

TTM3Y Avg5Y Avg10Y Avg
APP87.9%84.1%74.5%74.5%
MU39.8%17.7%27.2%50.5%

Technical & Fundamental Stock Analysis

RSI (14, daily)Updated as of 2026-09-24 market close

APP 43.20 • MU 57.63

Measures short-term price momentum and helps identify possible overbought or oversold conditions.

50/200-DMA PositionUpdated as of 2026-09-24 market close

APP 50D Below / 200D Below • MU 50D Above / 200D Above

Shows whether the stock is trading above or below its medium- and long-term trend lines.

R&D % of Revenue

APP 4.7% • MU 5.3%

Shows how much of revenue is invested in research and development.

Share Count Trend (3Y)

APP Decreased • MU Increased

Shows whether the company's share count has increased or decreased over the past three years.

Company Profiles

Applovin Corporation

Application Software

AppLovin is a vertically integrated advertising technology company that serves as a demand-side platform for advertisers, a supply-side platform for publishers, and an exchange that facilitates transactions between the two. About 80% of AppLovin's revenue comes from the DSP, AppDiscovery, while the remainder comes from the SSP, Max. AppLovin's primary tool for future growth is Axon 2, an ad optimizer within the DSP that lets advertisers place ads based on specified return thresholds.

Micron Technology, Inc.

Semiconductors

Micron is one of the largest semiconductor companies in the world, specializing in memory and storage chips. Its primary revenue stream comes from dynamic random access memory, or DRAM, and it also has minority exposure to not-and or NAND, flash chips. Micron serves a global customer base, selling chips into data centers, mobile phones, consumer electronics, and industrial and automotive applications. The firm is vertically integrated.

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Everything You Need to Know About APP vs MU Stocks

What is MEXC Stock Compare?

MEXC Stock Compare is a side-by-side US stock comparison tool. It helps users compare two companies across stock price performance, market cap, valuation, growth, profitability, balance-sheet strength, dividends and risk. The results are provided for research purposes only and do not constitute investment advice.

Which metrics should I use to evaluate a company's growth?

Start with revenue growth to see how quickly the business is expanding, then review EPS growth to determine whether that growth is translating into higher earnings per share. Gross margin, operating margin and ROIC help assess the quality of that growth by showing profitability and capital efficiency. A company with fast revenue growth but declining margins may be expanding without improving its earnings quality.

How do APP and MU compare in growth and profitability?

In the latest reported period, APP recorded revenue growth of +60.6% and TTM EPS growth of +84.8%, compared with +167.0% and +697.3% for MU. MU leads on growth, while APP has stronger profitability. This comparison is based on reported financial metrics and does not predict future performance.

What is the difference between P/E (TTM) and Forward P/E?

P/E (TTM) compares the current share price with actual earnings reported over the past 12 months. Forward P/E uses estimated earnings for the next 12 months, so it reflects market expectations but depends on forecasts that may change. Both ratios should be considered alongside growth, profitability and industry peers.

How do the risk profiles of APP and MU compare?

APP has a 30-day realized volatility of 44.9% and a five-year Beta of 2.20, compared with 54.7% and 1.88 for MU. The risk indicators show mixed results. These indicators describe historical price movements and market sensitivity, but they do not cover every source of investment risk.

What do dividend yield and payout ratio indicate?

Dividend yield shows the annual dividend relative to the current share price, while the payout ratio shows how much of a company's earnings is distributed as dividends. A higher yield may provide more income, but it can also rise because the share price has fallen. Dividend sustainability should therefore be considered together with earnings, cash flow and the payout ratio.

How should I compare a high-growth stock with a lower-valued stock?

A high-growth stock may trade at a higher valuation if investors expect its revenue and earnings to continue expanding. A lower-valued stock may offer a more conservative entry point, but the lower valuation could also reflect slower growth or higher business risk. Growth, valuation, profitability, cash flow and risk should therefore be considered together.

Which is the better stock, APP or MU?

There is no single answer for every investor. Growth-focused investors may place greater weight on revenue growth, EPS growth and ROIC, while income-focused investors may prioritize dividend yield and payout sustainability. Investors with lower risk tolerance may focus more on volatility, Beta and balance-sheet strength. MEXC Stock Compare presents the relevant metrics but does not provide a buy or sell recommendation.

Can I trade APP and MU as RealStocks on MEXC?

Eligible users can trade APP and MU as real US stocks through MEXC RealStocks if both stocks are currently supported. Users must first open and verify a RealStocks account with MEXC's partner licensed broker. RealStocks represents ownership of actual shares rather than tokenized stock exposure. Availability may vary by stock and region, so users should check the corresponding RealStocks trading page before placing an order.

Disclaimer

The stock prices, financial metrics, comparison results and related information displayed on this page are sourced from third-party providers and are provided for informational and educational purposes only. Data may be delayed, incomplete or inaccurate, and MEXC does not guarantee its accuracy, completeness or timeliness. The comparisons and automated summaries do not constitute financial, investment, legal or tax advice, nor a recommendation to buy, sell or hold any security or financial product. Past performance is not indicative of future results. Users should independently verify the information and assess their own objectives, financial circumstances and risk tolerance before making any decision. Where MEXC stock futures or other derivative products are referenced, such products do not represent ownership of the underlying shares and may involve leverage and a substantial risk of loss. Product availability is subject to applicable laws and regional restrictions.

APP vs MU: US Stock Price & Performance Comparison 2026 | MEXC