Microchip Technology - MCHP Stock Price Target and Predictions

  • Consensus Rating: Moderate Buy
  • Consensus Price Target: $92.50
  • Forecasted Upside: 9.84%
  • Number of Analysts: 16
  • Breakdown:
  • 0 Sell Ratings
  • 5 Hold Ratings
  • 11 Buy Ratings
  • 0 Strong Buy Ratings
$84.21
▼ -0.86 (-1.01%)

This chart shows the closing price for MCHP by one month, three months, or twelve months.

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Analyst Price Target for MCHP

Analyst Price Target is $92.50
▲ +9.84% Upside Potential
This price target is based on 16 analysts offering 12 month price targets for Microchip Technology in the last 3 months. The average price target is $92.50, with a high forecast of $106.00 and a low forecast of $77.00. The average price target represents a 9.84% upside from the last price of $84.21.

This chart shows the closing price for MCHP for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Moderate Buy

The current consensus among 16 polled investment analysts is to moderate buy stock in Microchip Technology. This Moderate Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 11 buy ratings
  • 5 hold ratings
  • 0 sell ratings
10/26/2022
  • 0 strong buy ratings
  • 11 buy ratings
  • 5 hold ratings
  • 0 sell ratings
1/24/2023
  • 0 strong buy ratings
  • 11 buy ratings
  • 5 hold ratings
  • 0 sell ratings
4/24/2023
  • 0 strong buy ratings
  • 11 buy ratings
  • 5 hold ratings
  • 0 sell ratings
7/23/2023
  • 0 strong buy ratings
  • 11 buy ratings
  • 5 hold ratings
  • 0 sell ratings
10/21/2023
  • 0 strong buy ratings
  • 11 buy ratings
  • 5 hold ratings
  • 0 sell ratings
1/19/2024
  • 0 strong buy ratings
  • 11 buy ratings
  • 5 hold ratings
  • 0 sell ratings
3/19/2024
  • 0 strong buy ratings
  • 11 buy ratings
  • 5 hold ratings
  • 0 sell ratings
4/18/2024

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
4/18/2024Stifel NicolausBoost TargetBuy ➝ Buy$94.00 ➝ $98.00Low
4/16/2024Evercore ISIInitiated CoverageOutperform$106.00Low
4/8/2024SusquehannaReiterated RatingPositive ➝ Positive$100.00Low
3/14/2024Stifel NicolausReiterated RatingBuy ➝ Buy$94.00Low
2/2/2024Stifel NicolausLower TargetBuy ➝ Buy$96.00 ➝ $94.00Low
2/2/2024UBS GroupLower TargetBuy ➝ Buy$105.00 ➝ $95.00Low
2/2/2024The Goldman Sachs GroupLower TargetNeutral ➝ Neutral$87.00 ➝ $77.00Low
2/2/2024SusquehannaLower TargetPositive ➝ Positive$105.00 ➝ $100.00Low
2/2/2024Needham & Company LLCBoost TargetBuy ➝ Buy$85.00 ➝ $90.00Low
2/2/2024TD CowenBoost TargetMarket Perform$75.00 ➝ $80.00Low
1/30/2024Rosenblatt SecuritiesReiterated RatingBuy ➝ Buy$100.00Low
1/18/2024Wolfe ResearchUpgradePeer Perform ➝ Outperform$105.00Low
1/9/2024Truist FinancialLower TargetBuy ➝ Buy$97.00 ➝ $93.00Low
1/9/2024Stifel NicolausLower TargetBuy ➝ Buy$100.00 ➝ $96.00Low
1/4/2024Piper SandlerDowngradeOverweight ➝ Neutral$80.00Low
11/8/2023CitigroupUpgradeNeutral ➝ Buy$100.00Low
11/3/2023Piper SandlerLower TargetOverweight ➝ Overweight$100.00 ➝ $80.00Low
11/3/2023SusquehannaLower TargetPositive ➝ Positive$95.00 ➝ $90.00Low
11/3/2023Morgan StanleyLower TargetOverweight ➝ Overweight$96.00 ➝ $90.00Low
11/3/2023Needham & Company LLCLower TargetBuy ➝ Buy$100.00 ➝ $85.00N/A
11/3/2023KeyCorpLower TargetOverweight ➝ Overweight$95.00 ➝ $90.00N/A
10/24/2023SusquehannaLower TargetPositive ➝ Positive$100.00 ➝ $95.00Low
10/11/2023Morgan StanleyLower TargetOverweight ➝ Overweight$101.00 ➝ $96.00Low
9/20/2023Rosenblatt SecuritiesReiterated RatingBuy ➝ Buy$110.00Low
8/7/2023Needham & Company LLCReiterated RatingBuy ➝ Buy$100.00Low
8/4/2023Morgan StanleyBoost TargetOverweight ➝ Overweight$97.00 ➝ $101.00Low
8/4/2023Wells Fargo & CompanyBoost TargetEqual Weight ➝ Equal Weight$80.00 ➝ $90.00Low
8/4/2023SusquehannaLower TargetPositive ➝ Positive$105.00 ➝ $100.00Low
8/4/2023MizuhoLower TargetNeutral ➝ Neutral$89.00 ➝ $86.00Low
8/3/2023Rosenblatt SecuritiesReiterated RatingBuy ➝ Buy$125.00Low
7/25/2023SusquehannaBoost TargetPositive$90.00 ➝ $105.00Low
7/20/2023Stifel NicolausBoost TargetEqual Weight$95.00 ➝ $105.00Low
7/20/2023MizuhoBoost Target$79.00 ➝ $89.00Low
7/19/2023Wolfe ResearchInitiated CoverageMarket PerformLow
7/18/2023CitigroupBoost TargetNeutral$76.00 ➝ $92.00Low
7/14/2023Truist FinancialBoost TargetBuy$95.00 ➝ $104.00Low
5/5/2023SusquehannaLower Target$95.00 ➝ $90.00Low
5/5/2023TD CowenLower TargetMarket Perform$85.00 ➝ $80.00Low
5/5/2023Stifel NicolausLower Target$100.00 ➝ $95.00Low
5/5/2023CitigroupLower Target$85.00 ➝ $76.00Low
3/8/2023Needham & Company LLCReiterated RatingBuy$110.00Low
3/2/2023Needham & Company LLCReiterated RatingBuy$110.00Low
2/6/2023The Goldman Sachs GroupBoost TargetNeutral$76.00 ➝ $87.00Low
2/3/2023Wells Fargo & CompanyBoost TargetEqual Weight$80.00 ➝ $85.00Low
2/3/2023Credit Suisse GroupBoost TargetNeutral$85.00 ➝ $98.00Low
2/3/2023Truist FinancialBoost TargetBuy$85.00 ➝ $94.00Low
2/3/2023Morgan StanleyBoost TargetOverweight$80.00 ➝ $99.00Low
2/3/2023SusquehannaBoost TargetPositive$85.00 ➝ $100.00Low
2/3/2023B. RileyBoost TargetBuy$86.00 ➝ $106.00Low
2/3/2023KeyCorpBoost TargetOverweight$85.00 ➝ $100.00Low
2/3/2023Needham & Company LLCBoost TargetBuy$82.00 ➝ $110.00Low
2/3/2023Piper SandlerBoost TargetOverweight$80.00 ➝ $100.00N/A
2/3/2023MizuhoBoost TargetNeutral$72.00 ➝ $79.00N/A
2/3/2023Raymond JamesBoost TargetStrong-Buy$90.00 ➝ $105.00N/A
2/3/2023CitigroupBoost TargetNeutral$74.00 ➝ $85.00N/A
1/27/2023Wells Fargo & CompanyBoost TargetEqual Weight$65.00 ➝ $80.00Low
1/18/2023CitigroupBoost TargetNeutral$62.00 ➝ $74.00Low
11/29/2022Stifel NicolausBoost TargetBuy$77.00 ➝ $80.00Low
11/15/2022Credit Suisse GroupInitiated CoverageNeutral$85.00Low
11/7/2022The Goldman Sachs GroupBoost TargetNeutral$67.00 ➝ $76.00Low
11/4/2022MizuhoLower TargetNeutral$75.00 ➝ $72.00Low
11/4/2022Morgan StanleyLower TargetOverweight$82.00 ➝ $80.00Low
11/4/2022Piper SandlerLower TargetOverweight$100.00 ➝ $80.00Low
11/4/2022UBS GroupLower Target$100.00 ➝ $90.00Low
10/25/2022Needham & Company LLCLower Target$92.00 ➝ $82.00Low
10/11/2022Wells Fargo & CompanyLower TargetEqual Weight$75.00 ➝ $65.00Low
10/11/2022CitigroupLower TargetNeutral$72.00 ➝ $62.00Low
8/3/2022Wells Fargo & CompanyBoost TargetEqual Weight$60.00 ➝ $75.00Low
8/3/2022CowenBoost TargetOutperform$60.00 ➝ $72.00Low
8/3/2022B. RileyBoost TargetBuy$78.00 ➝ $86.00Low
8/3/2022MizuhoBoost TargetNeutral$72.00 ➝ $75.00Low
8/3/2022CowenBoost TargetOutperform$60.00 ➝ $72.00Low
8/3/2022Morgan StanleyBoost TargetOverweight$81.00 ➝ $82.00Low
8/3/2022Needham & Company LLCBoost TargetBuy$75.00 ➝ $92.00Low
7/15/2022The Goldman Sachs GroupLower Target$76.00 ➝ $61.00Low
7/11/2022Wells Fargo & CompanyLower TargetEqual Weight$70.00 ➝ $60.00N/A
7/5/2022Needham & Company LLCLower Target$75.00N/A
6/29/2022Bank of AmericaLower TargetBuy$85.00 ➝ $74.00Low
6/28/2022Stifel NicolausUpgradeHold ➝ Buy$70.00 ➝ $75.00Low
6/15/2022B. RileyLower TargetBuy$85.00 ➝ $78.00Low
6/10/2022Morgan StanleyLower TargetOverweight$85.00 ➝ $81.00Low
5/10/2022BMO Capital MarketsLower Target$95.00 ➝ $85.00High
5/10/2022B. RileyLower Target$105.00 ➝ $85.00High
5/10/2022Wells Fargo & CompanyLower Target$80.00 ➝ $70.00High
5/10/2022MizuhoLower Target$75.00 ➝ $72.00High
5/10/2022CitigroupLower Target$78.00 ➝ $72.00High
4/20/2022MizuhoLower Target$87.00 ➝ $75.00Low
4/8/2022Truist FinancialLower TargetBuy$94.00 ➝ $79.00Low
3/27/2022The Goldman Sachs GroupDowngradeBuy ➝ Neutral$79.00Low
3/9/2022UBS GroupBoost TargetBuy$98.00 ➝ $105.00High
2/4/2022Susquehanna BancsharesReiterated RatingBuy$100.00Low
2/4/2022SusquehannaReiterated RatingBuy$100.00High
2/4/2022Rosenblatt SecuritiesBoost TargetBuy$120.00 ➝ $125.00Medium
2/4/2022B. RileyLower TargetBuy$110.00 ➝ $105.00High
2/4/2022Stifel NicolausBoost TargetHold$82.00 ➝ $84.00High
2/4/2022Bank of AmericaLower TargetBuy$100.00 ➝ $92.00High
2/4/2022CitigroupLower TargetNeutral$90.00 ➝ $78.00High
2/4/2022JPMorgan Chase & Co.Boost TargetOverweight$104.00 ➝ $105.00High
2/4/2022MizuhoBoost TargetNeutral$85.00 ➝ $87.00High
2/4/2022Wells Fargo & CompanyLower TargetEqual Weight$85.00 ➝ $80.00High
1/31/2022UBS GroupUpgradeNeutral ➝ Buy$82.00 ➝ $92.00High
12/1/2021Jefferies Financial GroupBoost TargetBuy$98.00 ➝ $109.00High
11/9/2021Rosenblatt SecuritiesReiterated RatingBuy$119.00Medium
11/5/2021Morgan StanleyBoost TargetOverweight$95.00 ➝ $100.00Low
11/5/2021Raymond JamesBoost TargetStrong-Buy$90.00 ➝ $110.00Low
11/5/2021MizuhoBoost TargetNeutral$81.50 ➝ $85.00Medium
11/5/2021Credit Suisse GroupBoost TargetOutperform$100.00 ➝ $120.00Low
11/5/2021KeyCorpBoost TargetOverweight$95.00 ➝ $100.00Low
10/14/2021Stifel NicolausInitiated CoverageHold$76.00High
10/13/2021Morgan StanleyReiterated RatingOverweight$95.00N/A
10/13/2021UBS GroupInitiated CoverageNeutralN/A
9/28/2021Wells Fargo & CompanyDowngradeOverweight ➝ Equal WeightHigh
8/4/2021Susquehanna BancsharesBoost TargetPositive$95.00 ➝ $97.50Low
8/4/2021BMO Capital MarketsBoost TargetOutperform$82.50 ➝ $87.50Medium
8/4/2021Rosenblatt SecuritiesBoost TargetBuy$90.00 ➝ $97.50Low
8/4/2021B. RileyBoost TargetBuy$97.50 ➝ $100.00Low
8/4/2021Needham & Company LLCBoost TargetBuy$100.00 ➝ $105.00Low
8/4/2021KeyCorpBoost TargetOverweight$92.50 ➝ $95.00Low
8/4/2021SusquehannaBoost TargetPositive$95.00 ➝ $97.50Low
8/2/2021Morgan StanleyBoost TargetOverweight$88.50 ➝ $95.00Medium
7/15/2021MizuhoDowngradeBuy ➝ Neutral$82.50 ➝ $80.00High
7/6/2021KeyCorpBoost TargetOverweight$90.00 ➝ $92.50High
5/7/2021Rosenblatt SecuritiesBoost TargetBuy$82.50 ➝ $90.00Low
5/7/2021Morgan StanleyBoost TargetOverweight$82.50 ➝ $88.50Medium
5/7/2021MizuhoBoost TargetBuy$79.00 ➝ $82.50Low
3/23/2021Longbow ResearchUpgradeNeutral ➝ Buy$94.00High
2/5/2021Rosenblatt SecuritiesBoost TargetBuy$75.00 ➝ $82.50Medium
2/5/2021JPMorgan Chase & Co.Boost TargetOverweight$67.50 ➝ $90.00Low
2/5/2021Morgan StanleyBoost TargetOverweight$79.50 ➝ $82.50Low
2/5/2021B. RileyBoost TargetBuy$90.00 ➝ $93.00Low
2/5/2021Jefferies Financial GroupBoost TargetBuy$89.50 ➝ $97.00Low
2/5/2021KeyCorpBoost TargetOverweight$85.00 ➝ $87.50Low
2/5/2021Credit Suisse GroupBoost TargetPositive ➝ Outperform$72.50 ➝ $90.00Low
2/5/2021MizuhoBoost TargetBuy$76.00 ➝ $79.00Low
2/3/2021Vertical ResearchDowngradeBuy ➝ HoldHigh
1/19/2021Raymond JamesBoost TargetStrong-Buy$70.00 ➝ $90.00Medium
1/13/2021Needham & Company LLCBoost TargetBuy$65.00 ➝ $100.00Low
1/6/2021KeyCorpBoost TargetPositive ➝ Overweight$82.50 ➝ $85.00N/A
12/28/2020MizuhoBoost TargetBuy$67.00 ➝ $76.00N/A
12/17/2020KeyCorpBoost TargetOverweight$70.00 ➝ $82.50Low
12/14/2020The Goldman Sachs GroupBoost TargetBuy$66.50 ➝ $77.00Low
12/14/2020Morgan StanleyBoost TargetOverweight$70.00 ➝ $79.50Low
12/14/2020B. RileyBoost TargetBuy$72.50 ➝ $90.00Medium
11/6/2020Smith Barney CitigroupDowngradeBuy ➝ NeutralLow
11/6/2020Morgan StanleyBoost TargetOverweight$65.50 ➝ $70.00Low
11/6/2020Raymond JamesBoost TargetStrong-Buy$62.50 ➝ $70.00High
11/6/2020MizuhoBoost TargetBuy$64.00 ➝ $67.00High
11/6/2020BMO Capital MarketsBoost TargetOutperform$59.00 ➝ $65.00High
11/6/2020Rosenblatt SecuritiesBoost TargetBuy$65.00 ➝ $75.00High
11/6/2020B. RileyBoost TargetBuy$65.00 ➝ $72.50High
11/6/2020CowenBoost TargetMarket Perform$51.00 ➝ $62.50High
11/6/2020KeyCorpBoost TargetOverweight$57.50 ➝ $70.00High
10/19/2020Morgan StanleyUpgradeEqual Weight ➝ Overweight$65.50High
10/16/2020MizuhoBoost TargetBuy$56.00 ➝ $64.00Medium
9/18/2020Raymond JamesReiterated RatingBuyHigh
8/5/2020Needham & Company LLCLower TargetBuy$70.00 ➝ $65.00High
8/5/2020CowenLower TargetMarket Perform$55.00 ➝ $51.00High
7/27/2020Needham & Company LLCBoost TargetBuy$65.00 ➝ $70.00Medium
7/13/2020Raymond JamesBoost TargetStrong-Buy$57.50 ➝ $62.50High
7/9/2020BNP ParibasInitiated CoverageNeutral$55.00Low
7/7/2020KeyCorpBoost TargetOverweight$52.50 ➝ $57.50Medium
6/29/2020Piper SandlerReiterated RatingBuy$65.00Medium
6/19/2020Loop CapitalInitiated CoverageBuy$60.00High
6/16/2020Morgan StanleyBoost TargetEqual Weight$40.50 ➝ $54.50Low
6/4/2020Raymond JamesReiterated RatingStrong-Buy ➝ BuyLow
6/4/2020ArgusBoost TargetBuy$50.00 ➝ $62.50Low
6/3/2020SunTrust BanksBoost TargetBuy$47.00 ➝ $58.50High
6/3/2020KeyCorpBoost TargetPositive ➝ Overweight$50.00 ➝ $52.50High
6/3/2020Jefferies Financial GroupBoost TargetBuy$50.50 ➝ $60.00High
6/3/2020Raymond JamesBoost TargetPositive ➝ Strong-Buy$50.00 ➝ $57.50High
6/3/2020Needham & Company LLCBoost TargetPositive ➝ Buy$50.00 ➝ $65.00High
6/3/2020B. RileyUpgradeNeutral ➝ Buy$42.50 ➝ $62.50High
6/3/2020CitigroupBoost TargetPositive ➝ Buy$52.00 ➝ $60.00High
6/3/2020Piper SandlerBoost TargetOverweight$60.00 ➝ $65.00High
6/2/2020Rosenblatt SecuritiesReiterated RatingBuy$55.00High
6/2/2020MizuhoBoost TargetBuy$46.00 ➝ $52.50Low
5/24/2020Piper SandlerReiterated RatingOverweight ➝ Market Perform$60.00High
5/8/2020CfraLower TargetHold$55.00 ➝ $47.50Medium
5/8/2020B. RileyBoost TargetNeutral$40.50 ➝ $42.50High
5/8/2020Needham & Company LLCBoost TargetBuy$48.00 ➝ $50.00High
5/6/2020Credit Suisse GroupReiterated RatingBuy$65.00High
4/13/2020SunTrust BanksBoost TargetPositive ➝ Buy$45.00 ➝ $47.00Medium
4/9/2020JPMorgan Chase & Co.Lower TargetOverweight$57.50 ➝ $50.00High
4/9/2020Susquehanna BancsharesLower TargetPositive$65.00 ➝ $57.50High
4/9/2020Wells Fargo & CompanyLower TargetOverweight$60.00 ➝ $55.00High
4/9/2020B. RileyBoost TargetNeutral$35.00 ➝ $40.50High
4/6/2020Raymond JamesLower TargetStrong-Buy$62.50 ➝ $50.00High
4/3/2020Needham & Company LLCLower TargetBuy$70.00 ➝ $50.00Low
3/31/2020Vertical ResearchInitiated CoverageBuyHigh
3/31/2020KeyCorpLower TargetOverweight$60.00 ➝ $42.50Medium
3/30/2020CitigroupLower TargetBuy$60.50 ➝ $57.00Low
3/19/2020B. RileyDowngradeBuy ➝ Neutral$64.00 ➝ $35.00High
3/18/2020Morgan StanleyLower TargetEqual Weight$53.50 ➝ $40.50Medium
3/11/2020Bank of AmericaReiterated RatingBuy$52.50High
3/3/2020JPMorgan Chase & Co.Lower TargetOverweight$60.00 ➝ $57.50High
3/3/2020B. RileyLower TargetBuy$67.50 ➝ $64.00High
3/3/2020Morgan StanleyLower TargetEqual Weight$54.50 ➝ $53.50High
3/3/2020Rosenblatt SecuritiesLower TargetBuy$66.00 ➝ $60.00High
3/2/2020MizuhoReiterated RatingBuy$54.00High
2/5/2020B. RileyBoost Target$65.00 ➝ $67.50Low
2/5/2020CfraBoost TargetHold$50.00 ➝ $55.00Medium
2/5/2020Needham & Company LLCReiterated RatingBuy$70.00High
2/5/2020Credit Suisse GroupBoost TargetOutperform$55.00 ➝ $65.00High
2/5/2020Raymond JamesReiterated RatingPositive ➝ Strong-Buy$57.50 ➝ $62.50High
2/4/2020MizuhoReiterated RatingBuy$53.00 ➝ $56.00High
2/3/2020Rosenblatt SecuritiesReiterated RatingBuy$57.50 ➝ $66.00Low
1/21/2020Morgan StanleyBoost TargetEqual Weight$51.00 ➝ $54.50Low
1/10/2020Bank of AmericaUpgradeNeutral ➝ BuyMedium
1/8/2020CowenBoost TargetMarket Perform$44.50 ➝ $52.50Low
1/7/2020B. RileyReiterated RatingBuy$65.00Low
1/7/2020KeyCorpBoost TargetOverweight$55.00 ➝ $60.00High
1/7/2020SunTrust BanksBoost TargetBuy ➝ Positive$56.50 ➝ $59.50High
1/7/2020Wells Fargo & CompanyReiterated RatingBuy$57.50 ➝ $60.00High
12/20/2019Wells Fargo & CompanyBoost TargetOverweight$55.00 ➝ $57.50High
12/19/2019Wells Fargo & CompanyReiterated RatingBuyHigh
12/18/2019Morgan StanleyBoost TargetEqual Weight$45.00 ➝ $51.00Low
12/9/2019Wells Fargo & CompanyReiterated RatingBuyLow
12/4/2019SunTrust BanksBoost TargetBuy$52.00 ➝ $53.00High
11/6/2019Needham & Company LLCBoost TargetBuy ➝ In-Line$55.00High
11/6/2019Jefferies Financial GroupBoost TargetBuy$52.00 ➝ $59.50High
11/6/2019Rosenblatt SecuritiesReiterated RatingBuy$57.50Low
11/6/2019CitigroupBoost TargetBuy$52.00 ➝ $54.50Low
11/6/2019CowenLower TargetMarket Perform$45.00 ➝ $44.50Low
10/30/2019Raymond JamesUpgradeMarket Perform ➝ Strong-Buy$57.50Medium
10/25/2019Piper Sandler CompaniesReiterated RatingBuyLow
9/7/2019CfraSet TargetHold$50.00N/A
9/4/2019B. RileySet TargetBuy$60.00Low
8/7/2019Piper Sandler CompaniesSet TargetBuy$55.00Medium
8/7/2019Needham & Company LLCSet TargetBuy$50.00Medium
8/7/2019Rosenblatt SecuritiesReiterated RatingBuy$57.50Low
7/29/2019Wells Fargo & CompanyBoost TargetOutperform$52.50 ➝ $57.50Medium
7/9/2019Longbow ResearchInitiated CoverageNeutral ➝ Neutral$43.97Medium
6/25/2019Wells Fargo & CompanyInitiated CoverageOutperform ➝ Outperform$52.50Medium
5/9/2019BMO Capital MarketsLower TargetOutperform$59.00 ➝ $55.00High
5/9/2019MizuhoBoost TargetBuy$47.50 ➝ $50.00High
5/6/2019B. RileyBoost TargetBuy ➝ Buy$52.50 ➝ $62.50Low
5/6/2019Rosenblatt SecuritiesReiterated RatingBuy$57.50Low
(Data available from 4/19/2019 forward)

News Sentiment Rating

0.85 (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

Skip to Current Sentiment Summary
  • 20 very positive mentions
  • 8 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
9/21/2023
  • 24 very positive mentions
  • 9 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
10/21/2023
  • 9 very positive mentions
  • 16 positive mentions
  • 2 negative mentions
  • 1 very negative mentions
11/20/2023
  • 25 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
12/20/2023
  • 32 very positive mentions
  • 46 positive mentions
  • 4 negative mentions
  • 2 very negative mentions
1/19/2024
  • 38 very positive mentions
  • 33 positive mentions
  • 8 negative mentions
  • 1 very negative mentions
2/18/2024
  • 30 very positive mentions
  • 19 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
3/19/2024
  • 23 very positive mentions
  • 32 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
4/18/2024

Current Sentiment

  • 23 very positive mentions
  • 32 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Microchip Technology logo
Microchip Technology Incorporated develops, manufactures, and sells smart, connected, and secure embedded control solutions in the Americas, Europe, and Asia. The company offers general purpose 8-bit, 16-bit, and 32-bit microcontrollers; 32-bit embedded mixed-signal microprocessors; and specialized microcontrollers for automotive, industrial, computing, communications, lighting, power supplies, motor control, human machine interface, security, wired connectivity, and wireless connectivity applications. It also provides application development tools that enable system designers to program microcontroller, FPGA, and microprocessor products for specific applications; field-programmable gate array (FPGA) products; and analog, interface, mixed signal, and timing products comprising power management, linear, mixed-signal, high-voltage, thermal management, discrete diodes, and metal oxide semiconductor field effect transistors (MOSFETS), radio frequency (RF), drivers, safety, security, timing, USB, Ethernet, wireless, and other interface products. In addition, the company offers serial electrically erasable programmable read-only memory, serial flash memories, parallel flash memories, serial static random access memories, and serial electrically erasable random access memories for the production of very small footprint devices; and licenses its SuperFlash embedded flash and non-volatile memory technologies to foundries, integrated device manufacturers, and design partners for use in the manufacture of microcontroller products, gate array, RF, analog, and neuromorphic compute products that require embedded non-volatile memory, as well as provides engineering services. Further, it offers wafer foundry and assembly, and test subcontracting manufacturing services; and timing systems products, application specific integrated circuits, and aerospace products. Microchip Technology Incorporated was incorporated in 1989 and is headquartered in Chandler, Arizona.
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Today's Range

Now: $84.21
Low: $83.78
High: $85.92

50 Day Range

MA: $86.58
Low: $80.58
High: $93.34

52 Week Range

Now: $84.21
Low: $68.75
High: $94.30

Volume

5,260,757 shs

Average Volume

5,529,490 shs

Market Capitalization

$45.51 billion

P/E Ratio

19.68

Dividend Yield

2.09%

Beta

1.65

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: Citigroup Inc., Evercore ISI, KeyCorp, Mizuho, Morgan Stanley, Needham & Company LLC, Piper Sandler, Rosenblatt Securities, Stifel Nicolaus, StockNews.com, Susquehanna, TD Cowen, The Goldman Sachs Group, Inc., Truist Financial Co., UBS Group AG, Wells Fargo & Company, and Wolfe Research.
View the latest analyst ratings for MCHP.

What is the current price target for Microchip Technology?

16 Wall Street analysts have set twelve-month price targets for Microchip Technology in the last year. Their average twelve-month price target is $92.50, suggesting a possible upside of 9.8%. Evercore ISI has the highest price target set, predicting MCHP will reach $106.00 in the next twelve months. The Goldman Sachs Group, Inc. has the lowest price target set, forecasting a price of $77.00 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 5 hold ratings and 11 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Moderate Buy."
View the latest ratings for MCHP.

What other companies compete with 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.