Microchip Technology - MCHP Stock Price Target and Predictions

Target and Analyst Ratings
Price Target History
Upgrades and Downgrades
News Sentiment
About
FAQ

Consensus Rating: Buy
Consensus Price Target: $90.11
Forecasted Upside: 16.72%
Number of Analysts: 18
Breakdown:
0 Sell Ratings
6 Hold Ratings
11 Buy Ratings
1 Strong Buy Ratings

^$77.20 As of 06/2/2023 01:00 AM ET

▲ +0.54 (0.70%)

1 month | 3 months | 12 months

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Analyst Price Target for MCHP

^$90.11

▲ +16.72% Upside Potential

This price target is based on 18 analysts offering 12 month price targets for Microchip Technology in the last 3 months. The average price target is $90.11, with a high forecast of $110.00 and a low forecast of $72.00. The average price target represents a 16.72% upside from the last price of $77.20.

Current Consensus is Buy

The current consensus among 18 polled investment analysts is to buy stock in Microchip Technology. This Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

1 strong buy ratings
13 buy ratings
5 hold ratings
0 sell ratings

Ratings as of

12/9/2021

1 strong buy ratings
14 buy ratings
4 hold ratings
0 sell ratings

Ratings as of

3/9/2022

1 strong buy ratings
14 buy ratings
5 hold ratings
0 sell ratings

Ratings as of

6/7/2022

1 strong buy ratings
15 buy ratings
5 hold ratings
0 sell ratings

Ratings as of

9/5/2022

0 strong buy ratings
14 buy ratings
5 hold ratings
0 sell ratings

Ratings as of

12/4/2022

1 strong buy ratings
12 buy ratings
5 hold ratings
0 sell ratings

Ratings as of

3/4/2023

1 strong buy ratings
11 buy ratings
5 hold ratings
0 sell ratings

Ratings as of

5/3/2023

1 strong buy ratings
11 buy ratings
6 hold ratings
0 sell ratings

Ratings as of

6/2/2023

Latest Recommendations

Show Most Recent Rating from Each Ratings Firm Show All Ratings

Date	Brokerage	Action	Rating	Price Target	Impact on Share Price
5/5/2023	Susquehanna	Lower Target		$95.00 ➝ $90.00	Low
5/5/2023	TD Cowen	Lower Target	Market Perform	$85.00 ➝ $80.00	Low
5/5/2023	Stifel Nicolaus	Lower Target		$100.00 ➝ $95.00	Low
5/5/2023	Citigroup	Lower Target		$85.00 ➝ $76.00	Low
3/8/2023	Needham & Company LLC	Reiterated Rating	Buy	$110.00	Low
3/2/2023	Needham & Company LLC	Reiterated Rating	Buy	$110.00	Low
2/6/2023	The Goldman Sachs Group	Boost Target	Neutral	$76.00 ➝ $87.00	Low
2/3/2023	Wells Fargo & Company	Boost Target	Equal Weight	$80.00 ➝ $85.00	Low
2/3/2023	Credit Suisse Group	Boost Target	Neutral	$85.00 ➝ $98.00	Low
2/3/2023	Truist Financial	Boost Target	Buy	$85.00 ➝ $94.00	Low
2/3/2023	Morgan Stanley	Boost Target	Overweight	$80.00 ➝ $99.00	Low
2/3/2023	Susquehanna	Boost Target	Positive	$85.00 ➝ $100.00	Low
2/3/2023	B. Riley	Boost Target	Buy	$86.00 ➝ $106.00	Low
2/3/2023	KeyCorp	Boost Target	Overweight	$85.00 ➝ $100.00	Low
2/3/2023	Needham & Company LLC	Boost Target	Buy	$82.00 ➝ $110.00	Low
2/3/2023	Piper Sandler	Boost Target	Overweight	$80.00 ➝ $100.00	N/A
2/3/2023	Mizuho	Boost Target	Neutral	$72.00 ➝ $79.00	N/A
2/3/2023	Raymond James	Boost Target	Strong-Buy	$90.00 ➝ $105.00	N/A
2/3/2023	Citigroup	Boost Target	Neutral	$74.00 ➝ $85.00	N/A
1/27/2023	Wells Fargo & Company	Boost Target	Equal Weight	$65.00 ➝ $80.00	Low
1/18/2023	Citigroup	Boost Target	Neutral	$62.00 ➝ $74.00	Low
11/29/2022	Stifel Nicolaus	Boost Target	Buy	$77.00 ➝ $80.00	Low
11/15/2022	Credit Suisse Group	Initiated Coverage	Neutral	$85.00	Low
11/7/2022	The Goldman Sachs Group	Boost Target	Neutral	$67.00 ➝ $76.00	Low
11/4/2022	Mizuho	Lower Target	Neutral	$75.00 ➝ $72.00	Low
11/4/2022	Morgan Stanley	Lower Target	Overweight	$82.00 ➝ $80.00	Low
11/4/2022	Piper Sandler	Lower Target	Overweight	$100.00 ➝ $80.00	Low
11/4/2022	UBS Group	Lower Target		$100.00 ➝ $90.00	Low
10/25/2022	Needham & Company LLC	Lower Target		$92.00 ➝ $82.00	Low
10/11/2022	Wells Fargo & Company	Lower Target	Equal Weight	$75.00 ➝ $65.00	Low
10/11/2022	Citigroup	Lower Target	Neutral	$72.00 ➝ $62.00	Low
8/3/2022	Wells Fargo & Company	Boost Target	Equal Weight	$60.00 ➝ $75.00	Low
8/3/2022	Cowen	Boost Target	Outperform	$60.00 ➝ $72.00	Low
8/3/2022	B. Riley	Boost Target	Buy	$78.00 ➝ $86.00	Low
8/3/2022	Mizuho	Boost Target	Neutral	$72.00 ➝ $75.00	Low
8/3/2022	Cowen	Boost Target	Outperform	$60.00 ➝ $72.00	Low
8/3/2022	Morgan Stanley	Boost Target	Overweight	$81.00 ➝ $82.00	Low
8/3/2022	Needham & Company LLC	Boost Target	Buy	$75.00 ➝ $92.00	Low
7/15/2022	The Goldman Sachs Group	Lower Target		$76.00 ➝ $61.00	Low
7/11/2022	Wells Fargo & Company	Lower Target	Equal Weight	$70.00 ➝ $60.00	N/A
7/5/2022	Needham & Company LLC	Lower Target		$75.00	N/A
6/29/2022	Bank of America	Lower Target	Buy	$85.00 ➝ $74.00	Low
6/28/2022	Stifel Nicolaus	Upgrade	Hold ➝ Buy	$70.00 ➝ $75.00	Low
6/15/2022	B. Riley	Lower Target	Buy	$85.00 ➝ $78.00	Low
6/10/2022	Morgan Stanley	Lower Target	Overweight	$85.00 ➝ $81.00	Low
5/10/2022	BMO Capital Markets	Lower Target		$95.00 ➝ $85.00	High
5/10/2022	B. Riley	Lower Target		$105.00 ➝ $85.00	High
5/10/2022	Wells Fargo & Company	Lower Target		$80.00 ➝ $70.00	High
5/10/2022	Mizuho	Lower Target		$75.00 ➝ $72.00	High
5/10/2022	Citigroup	Lower Target		$78.00 ➝ $72.00	High
4/20/2022	Mizuho	Lower Target		$87.00 ➝ $75.00	Low
4/8/2022	Truist Financial	Lower Target	Buy	$94.00 ➝ $79.00	Low
3/27/2022	The Goldman Sachs Group	Downgrade	Buy ➝ Neutral	$79.00	Low
3/9/2022	UBS Group	Boost Target	Buy	$98.00 ➝ $105.00	High
2/4/2022	Susquehanna Bancshares	Reiterated Rating	Buy	$100.00	Low
2/4/2022	Susquehanna	Reiterated Rating	Buy	$100.00	High
2/4/2022	Rosenblatt Securities	Boost Target	Buy	$120.00 ➝ $125.00	Medium
2/4/2022	B. Riley	Lower Target	Buy	$110.00 ➝ $105.00	High
2/4/2022	Stifel Nicolaus	Boost Target	Hold	$82.00 ➝ $84.00	High
2/4/2022	Bank of America	Lower Target	Buy	$100.00 ➝ $92.00	High
2/4/2022	Citigroup	Lower Target	Neutral	$90.00 ➝ $78.00	High
2/4/2022	JPMorgan Chase & Co.	Boost Target	Overweight	$104.00 ➝ $105.00	High
2/4/2022	Mizuho	Boost Target	Neutral	$85.00 ➝ $87.00	High
2/4/2022	Wells Fargo & Company	Lower Target	Equal Weight	$85.00 ➝ $80.00	High
1/31/2022	UBS Group	Upgrade	Neutral ➝ Buy	$82.00 ➝ $92.00	High
12/1/2021	Jefferies Financial Group	Boost Target	Buy	$98.00 ➝ $109.00	High
11/9/2021	Rosenblatt Securities	Reiterated Rating	Buy	$119.00	Medium
11/5/2021	Morgan Stanley	Boost Target	Overweight	$95.00 ➝ $100.00	Low
11/5/2021	Raymond James	Boost Target	Strong-Buy	$90.00 ➝ $110.00	Low
11/5/2021	Mizuho	Boost Target	Neutral	$81.50 ➝ $85.00	Medium
11/5/2021	Credit Suisse Group	Boost Target	Outperform	$100.00 ➝ $120.00	Low
11/5/2021	KeyCorp	Boost Target	Overweight	$95.00 ➝ $100.00	Low
10/14/2021	Stifel Nicolaus	Initiated Coverage	Hold	$76.00	High
10/13/2021	Morgan Stanley	Reiterated Rating	Overweight	$95.00	N/A
10/13/2021	UBS Group	Initiated Coverage	Neutral		N/A
9/28/2021	Wells Fargo & Company	Downgrade	Overweight ➝ Equal Weight		High
8/4/2021	Susquehanna Bancshares	Boost Target	Positive	$95.00 ➝ $97.50	Low
8/4/2021	BMO Capital Markets	Boost Target	Outperform	$82.50 ➝ $87.50	Medium
8/4/2021	Rosenblatt Securities	Boost Target	Buy	$90.00 ➝ $97.50	Low
8/4/2021	B. Riley	Boost Target	Buy	$97.50 ➝ $100.00	Low
8/4/2021	Needham & Company LLC	Boost Target	Buy	$100.00 ➝ $105.00	Low
8/4/2021	KeyCorp	Boost Target	Overweight	$92.50 ➝ $95.00	Low
8/4/2021	Susquehanna	Boost Target	Positive	$95.00 ➝ $97.50	Low
8/2/2021	Morgan Stanley	Boost Target	Overweight	$88.50 ➝ $95.00	Medium
7/15/2021	Mizuho	Downgrade	Buy ➝ Neutral	$82.50 ➝ $80.00	High
7/6/2021	KeyCorp	Boost Target	Overweight	$90.00 ➝ $92.50	High
5/7/2021	Rosenblatt Securities	Boost Target	Buy	$82.50 ➝ $90.00	Low
5/7/2021	Morgan Stanley	Boost Target	Overweight	$82.50 ➝ $88.50	Medium
5/7/2021	Mizuho	Boost Target	Buy	$79.00 ➝ $82.50	Low
3/23/2021	Longbow Research	Upgrade	Neutral ➝ Buy	$94.00	High
2/5/2021	Rosenblatt Securities	Boost Target	Buy	$75.00 ➝ $82.50	Medium
2/5/2021	JPMorgan Chase & Co.	Boost Target	Overweight	$67.50 ➝ $90.00	Low
2/5/2021	Morgan Stanley	Boost Target	Overweight	$79.50 ➝ $82.50	Low
2/5/2021	B. Riley	Boost Target	Buy	$90.00 ➝ $93.00	Low
2/5/2021	Jefferies Financial Group	Boost Target	Buy	$89.50 ➝ $97.00	Low
2/5/2021	KeyCorp	Boost Target	Overweight	$85.00 ➝ $87.50	Low
2/5/2021	Credit Suisse Group	Boost Target	Positive ➝ Outperform	$72.50 ➝ $90.00	Low
2/5/2021	Mizuho	Boost Target	Buy	$76.00 ➝ $79.00	Low
2/3/2021	Vertical Research	Downgrade	Buy ➝ Hold		High
1/19/2021	Raymond James	Boost Target	Strong-Buy	$70.00 ➝ $90.00	Medium
1/13/2021	Needham & Company LLC	Boost Target	Buy	$65.00 ➝ $100.00	Low
1/6/2021	KeyCorp	Boost Target	Positive ➝ Overweight	$82.50 ➝ $85.00	N/A
12/28/2020	Mizuho	Boost Target	Buy	$67.00 ➝ $76.00	N/A
12/17/2020	KeyCorp	Boost Target	Overweight	$70.00 ➝ $82.50	Low
12/14/2020	The Goldman Sachs Group	Boost Target	Buy	$66.50 ➝ $77.00	Low
12/14/2020	Morgan Stanley	Boost Target	Overweight	$70.00 ➝ $79.50	Low
12/14/2020	B. Riley	Boost Target	Buy	$72.50 ➝ $90.00	Medium
11/6/2020	Smith Barney Citigroup	Downgrade	Buy ➝ Neutral		Low
11/6/2020	Morgan Stanley	Boost Target	Overweight	$65.50 ➝ $70.00	Low
11/6/2020	Raymond James	Boost Target	Strong-Buy	$62.50 ➝ $70.00	High
11/6/2020	Mizuho	Boost Target	Buy	$64.00 ➝ $67.00	High
11/6/2020	BMO Capital Markets	Boost Target	Outperform	$59.00 ➝ $65.00	High
11/6/2020	Rosenblatt Securities	Boost Target	Buy	$65.00 ➝ $75.00	High
11/6/2020	B. Riley	Boost Target	Buy	$65.00 ➝ $72.50	High
11/6/2020	Cowen	Boost Target	Market Perform	$51.00 ➝ $62.50	High
11/6/2020	KeyCorp	Boost Target	Overweight	$57.50 ➝ $70.00	High
10/19/2020	Morgan Stanley	Upgrade	Equal Weight ➝ Overweight	$65.50	High
10/16/2020	Mizuho	Boost Target	Buy	$56.00 ➝ $64.00	Medium
9/18/2020	Raymond James	Reiterated Rating	Buy		High
8/5/2020	Needham & Company LLC	Lower Target	Buy	$70.00 ➝ $65.00	High
8/5/2020	Cowen	Lower Target	Market Perform	$55.00 ➝ $51.00	High
7/27/2020	Needham & Company LLC	Boost Target	Buy	$65.00 ➝ $70.00	Medium
7/13/2020	Raymond James	Boost Target	Strong-Buy	$57.50 ➝ $62.50	High
7/9/2020	BNP Paribas	Initiated Coverage	Neutral	$55.00	Low
7/7/2020	KeyCorp	Boost Target	Overweight	$52.50 ➝ $57.50	Medium
6/29/2020	Piper Sandler	Reiterated Rating	Buy	$65.00	Medium
6/19/2020	Loop Capital	Initiated Coverage	Buy	$60.00	High
6/16/2020	Morgan Stanley	Boost Target	Equal Weight	$40.50 ➝ $54.50	Low
6/4/2020	Raymond James	Reiterated Rating	Strong-Buy ➝ Buy		Low
6/4/2020	Argus	Boost Target	Buy	$50.00 ➝ $62.50	Low
6/3/2020	SunTrust Banks	Boost Target	Buy	$47.00 ➝ $58.50	High
6/3/2020	KeyCorp	Boost Target	Positive ➝ Overweight	$50.00 ➝ $52.50	High
6/3/2020	Jefferies Financial Group	Boost Target	Buy	$50.50 ➝ $60.00	High
6/3/2020	Raymond James	Boost Target	Positive ➝ Strong-Buy	$50.00 ➝ $57.50	High
6/3/2020	Needham & Company LLC	Boost Target	Positive ➝ Buy	$50.00 ➝ $65.00	High
6/3/2020	B. Riley	Upgrade	Neutral ➝ Buy	$42.50 ➝ $62.50	High
6/3/2020	Citigroup	Boost Target	Positive ➝ Buy	$52.00 ➝ $60.00	High
6/3/2020	Piper Sandler	Boost Target	Overweight	$60.00 ➝ $65.00	High
6/2/2020	Rosenblatt Securities	Reiterated Rating	Buy	$55.00	High
6/2/2020	Mizuho	Boost Target	Buy	$46.00 ➝ $52.50	Low
5/24/2020	Piper Sandler	Reiterated Rating	Overweight ➝ Market Perform	$60.00	High
5/8/2020	Cfra	Lower Target	Hold	$55.00 ➝ $47.50	Medium
5/8/2020	B. Riley	Boost Target	Neutral	$40.50 ➝ $42.50	High
5/8/2020	Needham & Company LLC	Boost Target	Buy	$48.00 ➝ $50.00	High
5/6/2020	Credit Suisse Group	Reiterated Rating	Buy	$65.00	High
4/13/2020	SunTrust Banks	Boost Target	Positive ➝ Buy	$45.00 ➝ $47.00	Medium
4/9/2020	JPMorgan Chase & Co.	Lower Target	Overweight	$57.50 ➝ $50.00	High
4/9/2020	Susquehanna Bancshares	Lower Target	Positive	$65.00 ➝ $57.50	High
4/9/2020	Wells Fargo & Company	Lower Target	Overweight	$60.00 ➝ $55.00	High
4/9/2020	B. Riley	Boost Target	Neutral	$35.00 ➝ $40.50	High
4/6/2020	Raymond James	Lower Target	Strong-Buy	$62.50 ➝ $50.00	High
4/3/2020	Needham & Company LLC	Lower Target	Buy	$70.00 ➝ $50.00	Low
3/31/2020	Vertical Research	Initiated Coverage	Buy		High
3/31/2020	KeyCorp	Lower Target	Overweight	$60.00 ➝ $42.50	Medium
3/30/2020	Citigroup	Lower Target	Buy	$60.50 ➝ $57.00	Low
3/19/2020	B. Riley	Downgrade	Buy ➝ Neutral	$64.00 ➝ $35.00	High
3/18/2020	Morgan Stanley	Lower Target	Equal Weight	$53.50 ➝ $40.50	Medium
3/11/2020	Bank of America	Reiterated Rating	Buy	$52.50	High
3/3/2020	JPMorgan Chase & Co.	Lower Target	Overweight	$60.00 ➝ $57.50	High
3/3/2020	B. Riley	Lower Target	Buy	$67.50 ➝ $64.00	High
3/3/2020	Morgan Stanley	Lower Target	Equal Weight	$54.50 ➝ $53.50	High
3/3/2020	Rosenblatt Securities	Lower Target	Buy	$66.00 ➝ $60.00	High
3/2/2020	Mizuho	Reiterated Rating	Buy	$54.00	High
2/5/2020	B. Riley	Boost Target		$65.00 ➝ $67.50	Low
2/5/2020	Cfra	Boost Target	Hold	$50.00 ➝ $55.00	Medium
2/5/2020	Needham & Company LLC	Reiterated Rating	Buy	$70.00	High
2/5/2020	Credit Suisse Group	Boost Target	Outperform	$55.00 ➝ $65.00	High
2/5/2020	Raymond James	Reiterated Rating	Positive ➝ Strong-Buy	$57.50 ➝ $62.50	High
2/4/2020	Mizuho	Reiterated Rating	Buy	$53.00 ➝ $56.00	High
2/3/2020	Rosenblatt Securities	Reiterated Rating	Buy	$57.50 ➝ $66.00	Low
1/21/2020	Morgan Stanley	Boost Target	Equal Weight	$51.00 ➝ $54.50	Low
1/10/2020	Bank of America	Upgrade	Neutral ➝ Buy		Medium
1/8/2020	Cowen	Boost Target	Market Perform	$44.50 ➝ $52.50	Low
1/7/2020	B. Riley	Reiterated Rating	Buy	$65.00	Low
1/7/2020	KeyCorp	Boost Target	Overweight	$55.00 ➝ $60.00	High
1/7/2020	SunTrust Banks	Boost Target	Buy ➝ Positive	$56.50 ➝ $59.50	High
1/7/2020	Wells Fargo & Company	Reiterated Rating	Buy	$57.50 ➝ $60.00	High
12/20/2019	Wells Fargo & Company	Boost Target	Overweight	$55.00 ➝ $57.50	High
12/19/2019	Wells Fargo & Company	Reiterated Rating	Buy		High
12/18/2019	Morgan Stanley	Boost Target	Equal Weight	$45.00 ➝ $51.00	Low
12/9/2019	Wells Fargo & Company	Reiterated Rating	Buy		Low
12/4/2019	SunTrust Banks	Boost Target	Buy	$52.00 ➝ $53.00	High
11/6/2019	Needham & Company LLC	Boost Target	Buy ➝ In-Line	$55.00	High
11/6/2019	Jefferies Financial Group	Boost Target	Buy	$52.00 ➝ $59.50	High
11/6/2019	Rosenblatt Securities	Reiterated Rating	Buy	$57.50	Low
11/6/2019	Citigroup	Boost Target	Buy	$52.00 ➝ $54.50	Low
11/6/2019	Cowen	Lower Target	Market Perform	$45.00 ➝ $44.50	Low
10/30/2019	Raymond James	Upgrade	Market Perform ➝ Strong-Buy	$57.50	Medium
10/25/2019	Piper Jaffray Companies	Reiterated Rating	Buy		Low
9/7/2019	Cfra	Set Target	Hold	$50.00	N/A
9/4/2019	B. Riley	Set Target	Buy	$60.00	Low
8/7/2019	Piper Jaffray Companies	Set Target	Buy	$55.00	Medium
8/7/2019	Needham & Company LLC	Set Target	Buy	$50.00	Medium
8/7/2019	Rosenblatt Securities	Reiterated Rating	Buy	$57.50	Low
7/29/2019	Wells Fargo & Company	Boost Target	Outperform	$52.50 ➝ $57.50	Medium
7/9/2019	Longbow Research	Initiated Coverage	Neutral ➝ Neutral	$43.97	Medium
6/25/2019	Wells Fargo & Company	Initiated Coverage	Outperform ➝ Outperform	$52.50	Medium
5/9/2019	BMO Capital Markets	Lower Target	Outperform	$59.00 ➝ $55.00	High
5/9/2019	Mizuho	Boost Target	Buy	$47.50 ➝ $50.00	High
5/6/2019	B. Riley	Boost Target	Buy ➝ Buy	$52.50 ➝ $62.50	Low
5/6/2019	Rosenblatt Securities	Reiterated Rating	Buy	$57.50	Low
2/22/2019	Cowen	Initiated Coverage	Market Perform ➝ Market Perform	$45.00	Low
2/11/2019	Rosenblatt Securities	Reiterated Rating	Buy	$57.50	Low
2/7/2019	Citigroup	Reiterated Rating	Buy	$52.50	Low
2/6/2019	Needham & Company LLC	Boost Target	Buy	$45.00 ➝ $50.00	High
1/24/2019	Needham & Company LLC	Downgrade	Strong-Buy ➝ Buy	$50.00 ➝ $45.00	High
12/19/2018	Morgan Stanley	Boost Target	Equal Weight ➝ Equal Weight	$36.00 ➝ $37.50	High
11/12/2018	BMO Capital Markets	Initiated Coverage	Outperform	$46.00	Medium
11/8/2018	Jefferies Financial Group	Lower Target	Buy ➝ Buy	$57.50 ➝ $51.00	Medium
11/8/2018	Nomura Securities	Set Target	Buy	$47.50	Low
11/8/2018	B. Riley	Lower Target	Buy ➝ Buy	$52.50 ➝ $50.00	Low
11/8/2018	Bank of America	Lower Target	Neutral	$43.00 ➝ $40.00	Low
11/8/2018	Piper Jaffray Companies	Set Target	Buy	$65.00	High
11/8/2018	Needham & Company LLC	Reiterated Rating	Buy		N/A
10/26/2018	Needham & Company LLC	Lower Target	Strong-Buy	$50.00	Low
10/10/2018	Morgan Stanley	Lower Target	Equal Weight ➝ Equal Weight	$47.50 ➝ $37.50	Medium
10/3/2018	Morgan Stanley	Lower Target	Equal Weight ➝ Equal Weight	$49.00 ➝ $47.50	High
9/25/2018	Raymond James	Downgrade	Outperform ➝ Market Perform	$52.50	High
9/25/2018	KeyCorp	Initiated Coverage	Sector Weight ➝ Sector Weight		High
9/19/2018	Cfra	Reiterated Rating	Buy	$55.00	Low
9/17/2018	Bank of America	Downgrade	Buy ➝ Neutral	$57.50 ➝ $47.50	Medium
8/13/2018	Needham & Company LLC	Lower Target	Strong-Buy	$65.00 ➝ $60.00	Low
8/12/2018	Rosenblatt Securities	Reiterated Rating	Buy	$62.50	Low
8/10/2018	Nomura Securities	Lower Target	Buy ➝ Buy	$55.00 ➝ $52.50	High
8/10/2018	JPMorgan Chase & Co.	Lower Target	Overweight ➝ Overweight	$62.50 ➝ $56.50	High
8/10/2018	KeyCorp	Lower Target	Overweight ➝ Overweight	$58.00 ➝ $55.50	High
7/27/2018	Piper Jaffray Companies	Boost Target	Overweight ➝ Overweight	$55.00 ➝ $75.00	Low
7/18/2018	Nomura Securities	Initiated Coverage	Buy	$55.00	Low
6/25/2018	Argus	Boost Target	Buy ➝ Average	$57.50	High
6/6/2018	Rosenblatt Securities	Reiterated Rating	Buy	$62.50	Low
6/5/2018	Morgan Stanley	Boost Target	Equal Weight ➝ Equal Weight	$48.50 ➝ $51.50	Low
6/5/2018	JPMorgan Chase & Co.	Initiated Coverage	Overweight	$62.50	Low

(Data available from 6/2/2018 forward)

News Sentiment Rating

0.56 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

4 very positive mentions
14 positive mentions
0 negative mentions
1 very negative mentions

Mentions as of

11/4/2022

11 very positive mentions
22 positive mentions
1 negative mentions
0 very negative mentions

Mentions as of

12/4/2022

12 very positive mentions
10 positive mentions
2 negative mentions
0 very negative mentions

Mentions as of

1/3/2023

17 very positive mentions
7 positive mentions
0 negative mentions
0 very negative mentions

Mentions as of

2/2/2023

20 very positive mentions
19 positive mentions
1 negative mentions
0 very negative mentions

Mentions as of

3/4/2023

26 very positive mentions
14 positive mentions
1 negative mentions
0 very negative mentions

Mentions as of

4/3/2023

13 very positive mentions
15 positive mentions
1 negative mentions
1 very negative mentions

Mentions as of

5/3/2023

20 very positive mentions
37 positive mentions
9 negative mentions
0 very negative mentions

Mentions as of

6/2/2023

Current Sentiment

Recent Stories by Sentiment

Very Negative

No very negative mentions tracked during this time.

Microchip Technology, Inc. engages in the provision of semiconductor products. It operates through the Semiconductor Products and Technology Licensing segments. The Semiconductor Products segment is involved in designing, developing, manufacturing, and marketing microcontrollers, development tools and analog, interface, mixed signal, connectivity devices, and timing products. The Technology Licensing segment offers license fees and royalties associated with technology licenses for the use of SuperFlash embedded flash and Smartbits one-time programmable technologies. The company was founded on February 14, 1989, and is headquartered in Chandler, AZ.

Today's Range

Now: $77.20

$75.74

$77.80

50 Day Range

MA: $77.37

$71.80

$83.78

52 Week Range

Now: $77.20

$54.33

$87.76

Volume

3,400,184 shs

Average Volume

4,831,104 shs

Market Capitalization

$42.10 billion

P/E Ratio

19.25

Dividend Yield

2.04%

Beta

1.57

Frequently Asked Questions

What sell-side analysts currently cover shares of Microchip Technology?: The following Wall Street research analysts have issued stock ratings on Microchip Technology in the last twelve months: B. Riley, Bank of America Co., Citigroup Inc., Cowen Inc, Cowen Inc., Credit Suisse Group AG, KeyCorp, Mizuho, Morgan Stanley, Needham & Company LLC, Piper Sandler, Raymond James, Stifel Nicolaus, StockNews.com, Susquehanna, TD Cowen, The Goldman Sachs Group, Inc., Truist Financial Co., UBS Group AG, and Wells Fargo & Company.
View the latest analyst ratings for MCHP.
What is the current price target for Microchip Technology?: 19 Wall Street analysts have set twelve-month price targets for Microchip Technology in the last year. Their average twelve-month price target is $90.11, suggesting a possible upside of 16.7%. Needham & Company LLC has the highest price target set, predicting MCHP will reach $110.00 in the next twelve months. Cowen Inc. has the lowest price target set, forecasting a price of $72.00 for Microchip Technology in the next year.
View the latest price targets for MCHP.
What is the current consensus analyst rating for Microchip Technology?: Microchip Technology currently has 6 hold ratings, 11 buy ratings and 1 strong buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe MCHP will outperform the market and that investors should add to their positions of Microchip Technology.
View the latest ratings for MCHP.
What other companies compete with Microchip Technology?: Other companies that are similar to Microchip Technology include Monolithic Power Systems, Skyworks Solutions, Lattice Semiconductor, Micron Technology and Analog Devices. Learn More about companies similar to Microchip Technology.
How do I contact Microchip Technology's investor relations team?: Microchip Technology's physical mailing address is 2355 W CHANDLER BLVD, CHANDLER AZ, 85224. The semiconductor company's listed phone number is (480) 792-7200 and its investor relations email address is [email protected]. The official website for Microchip Technology is www.microchip.com. Learn More about contacing Microchip Technology investor relations.

Microchip Technology - MCHP Stock Price Target and Predictions

Analyst Price Target for MCHP

Current Consensus is Buy

Past Monthly Recommendations

Latest Recommendations

News Sentiment Rating

0.56 (Buy)

News Sentiment Over Time

Current Sentiment

Recent Stories by Sentiment

Very Negative

Negative

Positive

Very Positive

Today's Range

50 Day Range

52 Week Range

Volume

Average Volume

Market Capitalization

P/E Ratio

Dividend Yield

Beta

Frequently Asked Questions

What sell-side analysts currently cover shares of Microchip Technology?

What is the current price target for Microchip Technology?

What is the current consensus analyst rating for Microchip Technology?

What other companies compete with Microchip Technology?

How do I contact Microchip Technology's investor relations team?