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Microchip Technology - MCHP Stock Price Target and Predictions

  • Consensus Rating: Moderate Buy
  • Consensus Price Target: $89.63
  • Forecasted Upside: 61.47%
  • Number of Analysts: 19
  • Breakdown:
  • 1 Sell Ratings
  • 4 Hold Ratings
  • 14 Buy Ratings
  • 0 Strong Buy Ratings
$55.51 As of 12/20/2024 06:51 PM ET
▼ -0.48 (-0.86%)

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 $89.63
▲ +61.47% Upside Potential
This price target is based on 19 analysts offering 12 month price targets for Microchip Technology in the last 3 months. The average price target is $89.63, with a high forecast of $105.00 and a low forecast of $65.00. The average price target represents a 61.47% upside from the last price of $55.51.

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 19 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
  • 1 strong buy ratings
  • 11 buy ratings
  • 6 hold ratings
  • 0 sell ratings
Ratings as of
6/29/2023
  • 1 strong buy ratings
  • 8 buy ratings
  • 8 hold ratings
  • 0 sell ratings
Ratings as of
9/27/2023
  • 1 strong buy ratings
  • 9 buy ratings
  • 7 hold ratings
  • 0 sell ratings
Ratings as of
12/26/2023
  • 0 strong buy ratings
  • 10 buy ratings
  • 5 hold ratings
  • 0 sell ratings
Ratings as of
3/25/2024
  • 0 strong buy ratings
  • 14 buy ratings
  • 4 hold ratings
  • 0 sell ratings
Ratings as of
6/23/2024
  • 0 strong buy ratings
  • 15 buy ratings
  • 4 hold ratings
  • 0 sell ratings
Ratings as of
9/21/2024
  • 0 strong buy ratings
  • 14 buy ratings
  • 5 hold ratings
  • 0 sell ratings
Ratings as of
11/20/2024
  • 0 strong buy ratings
  • 14 buy ratings
  • 4 hold ratings
  • 1 sell ratings
Ratings as of
12/20/2024

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
12/16/2024Bank of AmericaDowngradeNeutral ➝ Underperform$80.00 ➝ $65.00
12/3/2024KeyCorpLower TargetOverweight ➝ Overweight$95.00 ➝ $90.00
12/3/2024Stifel NicolausLower TargetBuy ➝ Buy$90.00 ➝ $87.00
12/3/2024Needham & Company LLCReiterated RatingBuy ➝ Buy$85.00 ➝ $85.00
11/6/2024Jefferies Financial GroupLower TargetBuy ➝ Buy$100.00 ➝ $90.00
11/6/2024CitigroupLower TargetBuy ➝ Buy$92.00 ➝ $82.00
11/6/2024Evercore ISIReiterated RatingOutperform ➝ Outperform$101.00 ➝ $95.00
11/6/2024SusquehannaLower TargetPositive ➝ Positive$95.00 ➝ $90.00
11/6/2024Rosenblatt SecuritiesReiterated RatingBuy ➝ Buy$90.00 ➝ $90.00
11/6/2024Piper SandlerLower TargetOverweight ➝ Overweight$100.00 ➝ $85.00
11/6/2024KeyCorpLower TargetOverweight ➝ Overweight$100.00 ➝ $95.00
11/6/2024Needham & Company LLCLower TargetBuy ➝ Buy$96.00 ➝ $85.00
11/6/2024TD CowenLower TargetHold ➝ Hold$80.00 ➝ $70.00
10/21/2024SusquehannaLower TargetPositive ➝ Positive$105.00 ➝ $95.00
10/18/2024MizuhoSet Target$95.00
9/23/2024Truist FinancialDowngradeBuy ➝ Hold$89.00 ➝ $80.00
8/16/2024Piper SandlerUpgradeNeutral ➝ Overweight$90.00 ➝ $100.00
8/5/2024Needham & Company LLCLower TargetBuy ➝ Buy$100.00 ➝ $96.00
8/2/2024B. RileyLower TargetBuy ➝ Buy$110.00 ➝ $103.00
8/2/2024CitigroupLower TargetBuy ➝ Buy$104.00 ➝ $92.00
8/2/2024Truist FinancialLower TargetBuy ➝ Buy$96.00 ➝ $89.00
8/2/2024SusquehannaLower TargetPositive ➝ Positive$115.00 ➝ $105.00
8/2/2024JPMorgan Chase & Co.Lower TargetOverweight ➝ Overweight$110.00 ➝ $100.00
8/2/2024TD CowenLower TargetHold$90.00 ➝ $80.00
8/2/2024Bank of AmericaDowngradeBuy ➝ Neutral$110.00 ➝ $90.00
7/31/2024Rosenblatt SecuritiesReiterated RatingBuy ➝ Buy$100.00 ➝ $100.00
7/17/2024SusquehannaBoost TargetPositive ➝ Positive$105.00 ➝ $115.00
7/11/2024Morgan StanleyDowngradeOverweight ➝ Equal Weight$102.00 ➝ $100.00
5/24/2024MizuhoUpgradeNeutral ➝ Buy$85.00 ➝ $115.00
5/13/2024Jefferies Financial GroupInitiated CoverageBuy ➝ Buy$100.00 ➝ $115.00
5/7/2024KeyCorpBoost TargetOverweight ➝ Overweight$90.00 ➝ $110.00
5/7/2024B. RileyBoost TargetBuy ➝ Buy$105.00 ➝ $110.00
5/7/2024CitigroupBoost TargetBuy ➝ Buy$100.00 ➝ $104.00
5/7/2024UBS GroupBoost TargetBuy ➝ Buy$95.00 ➝ $103.00
5/7/2024Piper SandlerReiterated RatingNeutral ➝ Neutral$80.00 ➝ $90.00
5/7/2024The Goldman Sachs GroupBoost TargetNeutral ➝ Neutral$77.00 ➝ $88.00
5/7/2024Truist FinancialBoost TargetBuy ➝ Buy$93.00 ➝ $96.00
5/7/2024SusquehannaBoost TargetPositive ➝ Positive$100.00 ➝ $105.00
5/7/2024MizuhoBoost TargetNeutral ➝ Neutral$82.00 ➝ $85.00
5/7/2024Needham & Company LLCBoost TargetBuy ➝ Buy$90.00 ➝ $100.00
5/7/2024TD CowenBoost TargetHold ➝ Hold$80.00 ➝ $90.00
5/1/2024Stifel NicolausBoost TargetBuy ➝ Buy$98.00 ➝ $102.00
4/18/2024Stifel NicolausBoost TargetBuy ➝ Buy$94.00 ➝ $98.00
4/16/2024Evercore ISIInitiated CoverageOutperform$106.00
4/8/2024SusquehannaReiterated RatingPositive ➝ Positive$100.00
3/14/2024Stifel NicolausReiterated RatingBuy ➝ Buy$94.00
2/2/2024Stifel NicolausLower TargetBuy ➝ Buy$96.00 ➝ $94.00
2/2/2024UBS GroupLower TargetBuy ➝ Buy$105.00 ➝ $95.00
2/2/2024The Goldman Sachs GroupLower TargetNeutral ➝ Neutral$87.00 ➝ $77.00
2/2/2024SusquehannaLower TargetPositive ➝ Positive$105.00 ➝ $100.00
2/2/2024Needham & Company LLCBoost TargetBuy ➝ Buy$85.00 ➝ $90.00
2/2/2024TD CowenBoost TargetMarket Perform$75.00 ➝ $80.00
1/30/2024Rosenblatt SecuritiesReiterated RatingBuy ➝ Buy$100.00
1/18/2024Wolfe ResearchUpgradePeer Perform ➝ Outperform$105.00
1/9/2024Truist FinancialLower TargetBuy ➝ Buy$97.00 ➝ $93.00
1/9/2024Stifel NicolausLower TargetBuy ➝ Buy$100.00 ➝ $96.00
1/4/2024Piper SandlerDowngradeOverweight ➝ Neutral$80.00
11/8/2023CitigroupUpgradeNeutral ➝ Buy$100.00
11/3/2023Piper SandlerLower TargetOverweight ➝ Overweight$100.00 ➝ $80.00
11/3/2023SusquehannaLower TargetPositive ➝ Positive$95.00 ➝ $90.00
11/3/2023Morgan StanleyLower TargetOverweight ➝ Overweight$96.00 ➝ $90.00
11/3/2023Needham & Company LLCLower TargetBuy ➝ Buy$100.00 ➝ $85.00
11/3/2023KeyCorpLower TargetOverweight ➝ Overweight$95.00 ➝ $90.00
10/24/2023SusquehannaLower TargetPositive ➝ Positive$100.00 ➝ $95.00
10/11/2023Morgan StanleyLower TargetOverweight ➝ Overweight$101.00 ➝ $96.00
9/20/2023Rosenblatt SecuritiesReiterated RatingBuy ➝ Buy$110.00
8/7/2023Needham & Company LLCReiterated RatingBuy ➝ Buy$100.00
8/4/2023Morgan StanleyBoost TargetOverweight ➝ Overweight$97.00 ➝ $101.00
8/4/2023Wells Fargo & CompanyBoost TargetEqual Weight ➝ Equal Weight$80.00 ➝ $90.00
8/4/2023SusquehannaLower TargetPositive ➝ Positive$105.00 ➝ $100.00
8/4/2023MizuhoLower TargetNeutral ➝ Neutral$89.00 ➝ $86.00
8/3/2023Rosenblatt SecuritiesReiterated RatingBuy ➝ Buy$125.00
7/25/2023SusquehannaBoost TargetPositive$90.00 ➝ $105.00
7/20/2023Stifel NicolausBoost TargetEqual Weight$95.00 ➝ $105.00
7/20/2023MizuhoBoost Target$79.00 ➝ $89.00
7/19/2023Wolfe ResearchInitiated CoverageMarket Perform
7/18/2023CitigroupBoost TargetNeutral$76.00 ➝ $92.00
7/14/2023Truist FinancialBoost TargetBuy$95.00 ➝ $104.00
5/5/2023SusquehannaLower Target$95.00 ➝ $90.00
5/5/2023TD CowenLower TargetMarket Perform$85.00 ➝ $80.00
5/5/2023Stifel NicolausLower Target$100.00 ➝ $95.00
5/5/2023CitigroupLower Target$85.00 ➝ $76.00
3/8/2023Needham & Company LLCReiterated RatingBuy$110.00
3/2/2023Needham & Company LLCReiterated RatingBuy$110.00
2/6/2023The Goldman Sachs GroupBoost TargetNeutral$76.00 ➝ $87.00
2/3/2023Wells Fargo & CompanyBoost TargetEqual Weight$80.00 ➝ $85.00
2/3/2023Credit Suisse GroupBoost TargetNeutral$85.00 ➝ $98.00
2/3/2023Truist FinancialBoost TargetBuy$85.00 ➝ $94.00
2/3/2023Morgan StanleyBoost TargetOverweight$80.00 ➝ $99.00
2/3/2023SusquehannaBoost TargetPositive$85.00 ➝ $100.00
2/3/2023B. RileyBoost TargetBuy$86.00 ➝ $106.00
2/3/2023KeyCorpBoost TargetOverweight$85.00 ➝ $100.00
2/3/2023Needham & Company LLCBoost TargetBuy$82.00 ➝ $110.00
2/3/2023Piper SandlerBoost TargetOverweight$80.00 ➝ $100.00
2/3/2023MizuhoBoost TargetNeutral$72.00 ➝ $79.00
2/3/2023Raymond JamesBoost TargetStrong-Buy$90.00 ➝ $105.00
2/3/2023CitigroupBoost TargetNeutral$74.00 ➝ $85.00
1/27/2023Wells Fargo & CompanyBoost TargetEqual Weight$65.00 ➝ $80.00
1/18/2023CitigroupBoost TargetNeutral$62.00 ➝ $74.00
11/29/2022Stifel NicolausBoost TargetBuy$77.00 ➝ $80.00
11/15/2022Credit Suisse GroupInitiated CoverageNeutral$85.00
11/7/2022The Goldman Sachs GroupBoost TargetNeutral$67.00 ➝ $76.00
11/4/2022MizuhoLower TargetNeutral$75.00 ➝ $72.00
11/4/2022Morgan StanleyLower TargetOverweight$82.00 ➝ $80.00
11/4/2022Piper SandlerLower TargetOverweight$100.00 ➝ $80.00
11/4/2022UBS GroupLower Target$100.00 ➝ $90.00
10/25/2022Needham & Company LLCLower Target$92.00 ➝ $82.00
10/11/2022Wells Fargo & CompanyLower TargetEqual Weight$75.00 ➝ $65.00
10/11/2022CitigroupLower TargetNeutral$72.00 ➝ $62.00
8/3/2022Wells Fargo & CompanyBoost TargetEqual Weight$60.00 ➝ $75.00
8/3/2022CowenBoost TargetOutperform$60.00 ➝ $72.00
8/3/2022B. RileyBoost TargetBuy$78.00 ➝ $86.00
8/3/2022MizuhoBoost TargetNeutral$72.00 ➝ $75.00
8/3/2022CowenBoost TargetOutperform$60.00 ➝ $72.00
8/3/2022Morgan StanleyBoost TargetOverweight$81.00 ➝ $82.00
8/3/2022Needham & Company LLCBoost TargetBuy$75.00 ➝ $92.00
7/15/2022The Goldman Sachs GroupLower Target$76.00 ➝ $61.00
7/11/2022Wells Fargo & CompanyLower TargetEqual Weight$70.00 ➝ $60.00
7/5/2022Needham & Company LLCLower Target$75.00
6/29/2022Bank of AmericaLower TargetBuy$85.00 ➝ $74.00
6/28/2022Stifel NicolausUpgradeHold ➝ Buy$70.00 ➝ $75.00
6/15/2022B. RileyLower TargetBuy$85.00 ➝ $78.00
6/10/2022Morgan StanleyLower TargetOverweight$85.00 ➝ $81.00
5/10/2022BMO Capital MarketsLower Target$95.00 ➝ $85.00
5/10/2022B. RileyLower Target$105.00 ➝ $85.00
5/10/2022Wells Fargo & CompanyLower Target$80.00 ➝ $70.00
5/10/2022MizuhoLower Target$75.00 ➝ $72.00
5/10/2022CitigroupLower Target$78.00 ➝ $72.00
4/20/2022MizuhoLower Target$87.00 ➝ $75.00
4/8/2022Truist FinancialLower TargetBuy$94.00 ➝ $79.00
3/27/2022The Goldman Sachs GroupDowngradeBuy ➝ Neutral$79.00
3/9/2022UBS GroupBoost TargetBuy$98.00 ➝ $105.00
2/4/2022Susquehanna BancsharesReiterated RatingBuy$100.00
2/4/2022SusquehannaReiterated RatingBuy$100.00
2/4/2022Rosenblatt SecuritiesBoost TargetBuy$120.00 ➝ $125.00
2/4/2022B. RileyLower TargetBuy$110.00 ➝ $105.00
2/4/2022Stifel NicolausBoost TargetHold$82.00 ➝ $84.00
2/4/2022Bank of AmericaLower TargetBuy$100.00 ➝ $92.00
2/4/2022CitigroupLower TargetNeutral$90.00 ➝ $78.00
2/4/2022JPMorgan Chase & Co.Boost TargetOverweight$104.00 ➝ $105.00
2/4/2022MizuhoBoost TargetNeutral$85.00 ➝ $87.00
2/4/2022Wells Fargo & CompanyLower TargetEqual Weight$85.00 ➝ $80.00
1/31/2022UBS GroupUpgradeNeutral ➝ Buy$82.00 ➝ $92.00
12/1/2021Jefferies Financial GroupBoost TargetBuy$98.00 ➝ $109.00
11/9/2021Rosenblatt SecuritiesReiterated RatingBuy$119.00
11/5/2021Morgan StanleyBoost TargetOverweight$95.00 ➝ $100.00
11/5/2021Raymond JamesBoost TargetStrong-Buy$90.00 ➝ $110.00
11/5/2021MizuhoBoost TargetNeutral$81.50 ➝ $85.00
11/5/2021Credit Suisse GroupBoost TargetOutperform$100.00 ➝ $120.00
11/5/2021KeyCorpBoost TargetOverweight$95.00 ➝ $100.00
10/14/2021Stifel NicolausInitiated CoverageHold$76.00
10/13/2021Morgan StanleyReiterated RatingOverweight$95.00
10/13/2021UBS GroupInitiated CoverageNeutral
9/28/2021Wells Fargo & CompanyDowngradeOverweight ➝ Equal Weight
8/4/2021Susquehanna BancsharesBoost TargetPositive$95.00 ➝ $97.50
8/4/2021BMO Capital MarketsBoost TargetOutperform$82.50 ➝ $87.50
8/4/2021Rosenblatt SecuritiesBoost TargetBuy$90.00 ➝ $97.50
8/4/2021B. RileyBoost TargetBuy$97.50 ➝ $100.00
8/4/2021Needham & Company LLCBoost TargetBuy$100.00 ➝ $105.00
8/4/2021KeyCorpBoost TargetOverweight$92.50 ➝ $95.00
8/4/2021SusquehannaBoost TargetPositive$95.00 ➝ $97.50
8/2/2021Morgan StanleyBoost TargetOverweight$88.50 ➝ $95.00
7/15/2021MizuhoDowngradeBuy ➝ Neutral$82.50 ➝ $80.00
7/6/2021KeyCorpBoost TargetOverweight$90.00 ➝ $92.50
5/7/2021Rosenblatt SecuritiesBoost TargetBuy$82.50 ➝ $90.00
5/7/2021Morgan StanleyBoost TargetOverweight$82.50 ➝ $88.50
5/7/2021MizuhoBoost TargetBuy$79.00 ➝ $82.50
3/23/2021Longbow ResearchUpgradeNeutral ➝ Buy$94.00
2/5/2021Rosenblatt SecuritiesBoost TargetBuy$75.00 ➝ $82.50
2/5/2021JPMorgan Chase & Co.Boost TargetOverweight$67.50 ➝ $90.00
2/5/2021Morgan StanleyBoost TargetOverweight$79.50 ➝ $82.50
2/5/2021B. RileyBoost TargetBuy$90.00 ➝ $93.00
2/5/2021Jefferies Financial GroupBoost TargetBuy$89.50 ➝ $97.00
2/5/2021KeyCorpBoost TargetOverweight$85.00 ➝ $87.50
2/5/2021Credit Suisse GroupBoost TargetPositive ➝ Outperform$72.50 ➝ $90.00
2/5/2021MizuhoBoost TargetBuy$76.00 ➝ $79.00
2/3/2021Vertical ResearchDowngradeBuy ➝ Hold
1/19/2021Raymond JamesBoost TargetStrong-Buy$70.00 ➝ $90.00
1/13/2021Needham & Company LLCBoost TargetBuy$65.00 ➝ $100.00
1/6/2021KeyCorpBoost TargetPositive ➝ Overweight$82.50 ➝ $85.00
12/28/2020MizuhoBoost TargetBuy$67.00 ➝ $76.00
12/17/2020KeyCorpBoost TargetOverweight$70.00 ➝ $82.50
12/14/2020The Goldman Sachs GroupBoost TargetBuy$66.50 ➝ $77.00
12/14/2020Morgan StanleyBoost TargetOverweight$70.00 ➝ $79.50
12/14/2020B. RileyBoost TargetBuy$72.50 ➝ $90.00
11/6/2020Smith Barney CitigroupDowngradeBuy ➝ Neutral
11/6/2020Morgan StanleyBoost TargetOverweight$65.50 ➝ $70.00
11/6/2020Raymond JamesBoost TargetStrong-Buy$62.50 ➝ $70.00
11/6/2020MizuhoBoost TargetBuy$64.00 ➝ $67.00
11/6/2020BMO Capital MarketsBoost TargetOutperform$59.00 ➝ $65.00
11/6/2020Rosenblatt SecuritiesBoost TargetBuy$65.00 ➝ $75.00
11/6/2020B. RileyBoost TargetBuy$65.00 ➝ $72.50
11/6/2020CowenBoost TargetMarket Perform$51.00 ➝ $62.50
11/6/2020KeyCorpBoost TargetOverweight$57.50 ➝ $70.00
10/19/2020Morgan StanleyUpgradeEqual Weight ➝ Overweight$65.50
10/16/2020MizuhoBoost TargetBuy$56.00 ➝ $64.00
9/18/2020Raymond JamesReiterated RatingBuy
8/5/2020Needham & Company LLCLower TargetBuy$70.00 ➝ $65.00
8/5/2020CowenLower TargetMarket Perform$55.00 ➝ $51.00
7/27/2020Needham & Company LLCBoost TargetBuy$65.00 ➝ $70.00
7/13/2020Raymond JamesBoost TargetStrong-Buy$57.50 ➝ $62.50
7/9/2020BNP ParibasInitiated CoverageNeutral$55.00
7/7/2020KeyCorpBoost TargetOverweight$52.50 ➝ $57.50
6/29/2020Piper SandlerReiterated RatingBuy$65.00
6/19/2020Loop CapitalInitiated CoverageBuy$60.00
6/16/2020Morgan StanleyBoost TargetEqual Weight$40.50 ➝ $54.50
6/4/2020Raymond JamesReiterated RatingStrong-Buy ➝ Buy
6/4/2020ArgusBoost TargetBuy$50.00 ➝ $62.50
6/3/2020SunTrust BanksBoost TargetBuy$47.00 ➝ $58.50
6/3/2020KeyCorpBoost TargetPositive ➝ Overweight$50.00 ➝ $52.50
6/3/2020Jefferies Financial GroupBoost TargetBuy$50.50 ➝ $60.00
6/3/2020Raymond JamesBoost TargetPositive ➝ Strong-Buy$50.00 ➝ $57.50
6/3/2020Needham & Company LLCBoost TargetPositive ➝ Buy$50.00 ➝ $65.00
6/3/2020B. RileyUpgradeNeutral ➝ Buy$42.50 ➝ $62.50
6/3/2020CitigroupBoost TargetPositive ➝ Buy$52.00 ➝ $60.00
6/3/2020Piper SandlerBoost TargetOverweight$60.00 ➝ $65.00
6/2/2020Rosenblatt SecuritiesReiterated RatingBuy$55.00
6/2/2020MizuhoBoost TargetBuy$46.00 ➝ $52.50
5/24/2020Piper SandlerReiterated RatingOverweight ➝ Market Perform$60.00
5/8/2020CfraLower TargetHold$55.00 ➝ $47.50
5/8/2020B. RileyBoost TargetNeutral$40.50 ➝ $42.50
5/8/2020Needham & Company LLCBoost TargetBuy$48.00 ➝ $50.00
5/6/2020Credit Suisse GroupReiterated RatingBuy$65.00
4/13/2020SunTrust BanksBoost TargetPositive ➝ Buy$45.00 ➝ $47.00
4/9/2020JPMorgan Chase & Co.Lower TargetOverweight$57.50 ➝ $50.00
4/9/2020Susquehanna BancsharesLower TargetPositive$65.00 ➝ $57.50
4/9/2020Wells Fargo & CompanyLower TargetOverweight$60.00 ➝ $55.00
4/9/2020B. RileyBoost TargetNeutral$35.00 ➝ $40.50
4/6/2020Raymond JamesLower TargetStrong-Buy$62.50 ➝ $50.00
4/3/2020Needham & Company LLCLower TargetBuy$70.00 ➝ $50.00
3/31/2020Vertical ResearchInitiated CoverageBuy
3/31/2020KeyCorpLower TargetOverweight$60.00 ➝ $42.50
3/30/2020CitigroupLower TargetBuy$60.50 ➝ $57.00
3/19/2020B. RileyDowngradeBuy ➝ Neutral$64.00 ➝ $35.00
3/18/2020Morgan StanleyLower TargetEqual Weight$53.50 ➝ $40.50
3/11/2020Bank of AmericaReiterated RatingBuy$52.50
3/3/2020JPMorgan Chase & Co.Lower TargetOverweight$60.00 ➝ $57.50
3/3/2020B. RileyLower TargetBuy$67.50 ➝ $64.00
3/3/2020Morgan StanleyLower TargetEqual Weight$54.50 ➝ $53.50
3/3/2020Rosenblatt SecuritiesLower TargetBuy$66.00 ➝ $60.00
3/2/2020MizuhoReiterated RatingBuy$54.00
2/5/2020B. RileyBoost Target$65.00 ➝ $67.50
2/5/2020CfraBoost TargetHold$50.00 ➝ $55.00
2/5/2020Needham & Company LLCReiterated RatingBuy$70.00
2/5/2020Credit Suisse GroupBoost TargetOutperform$55.00 ➝ $65.00
2/5/2020Raymond JamesReiterated RatingPositive ➝ Strong-Buy$57.50 ➝ $62.50
2/4/2020MizuhoReiterated RatingBuy$53.00 ➝ $56.00
2/3/2020Rosenblatt SecuritiesReiterated RatingBuy$57.50 ➝ $66.00
1/21/2020Morgan StanleyBoost TargetEqual Weight$51.00 ➝ $54.50
1/10/2020Bank of AmericaUpgradeNeutral ➝ Buy
1/8/2020CowenBoost TargetMarket Perform$44.50 ➝ $52.50
1/7/2020B. RileyReiterated RatingBuy$65.00
1/7/2020KeyCorpBoost TargetOverweight$55.00 ➝ $60.00
1/7/2020SunTrust BanksBoost TargetBuy ➝ Positive$56.50 ➝ $59.50
1/7/2020Wells Fargo & CompanyReiterated RatingBuy$57.50 ➝ $60.00
(Data available from 12/21/2019 forward)

News Sentiment Rating

0.84 (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
  • 37 very positive mentions
  • 36 positive mentions
  • 4 negative mentions
  • 0 very negative mentions
Mentions as of
5/25/2024
  • 34 very positive mentions
  • 12 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
6/24/2024
  • 28 very positive mentions
  • 9 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
7/24/2024
  • 26 very positive mentions
  • 41 positive mentions
  • 12 negative mentions
  • 2 very negative mentions
Mentions as of
8/23/2024
  • 35 very positive mentions
  • 14 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/22/2024
  • 25 very positive mentions
  • 27 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
Mentions as of
10/22/2024
  • 42 very positive mentions
  • 29 positive mentions
  • 8 negative mentions
  • 1 very negative mentions
Mentions as of
11/21/2024
  • 52 very positive mentions
  • 35 positive mentions
  • 6 negative mentions
  • 2 very negative mentions
Mentions as of
12/21/2024

Current Sentiment

  • 52 very positive mentions
  • 35 positive mentions
  • 6 negative mentions
  • 2 very negative mentions

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Microchip Technology logo
Microchip Technology Incorporated engages in the development, manufacture, and sale of 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 mixed-signal 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 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; field-programmable gate array (FPGA) products; and application development tools that enable system designers to program microcontroller, FPGA, and microprocessor products for specific applications. 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. The company was incorporated in 1989 and is headquartered in Chandler, Arizona.
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Today's Range

Now: $55.51
Low: $55.27
High: $57.07

50 Day Range

MA: $68.44
Low: $55.51
High: $79.05

52 Week Range

Now: $55.51
Low: $55.27
High: $100.57

Volume

27,170,668 shs

Average Volume

6,346,491 shs

Market Capitalization

$29.81 billion

P/E Ratio

38.82

Dividend Yield

3.04%

Beta

1.5

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., Evercore ISI, Jefferies Financial Group Inc., JPMorgan Chase & Co., 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, and Wolfe Research.
View the latest analyst ratings for MCHP.

What is the current price target for Microchip Technology?

0 Wall Street analysts have set twelve-month price targets for Microchip Technology in the last year. Their average twelve-month price target is $89.63, suggesting a possible upside of 61.5%. Wolfe Research has the highest price target set, predicting MCHP will reach $105.00 in the next twelve months. Bank of America Co. has the lowest price target set, forecasting a price of $65.00 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 1 sell rating, 4 hold ratings and 14 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?

Other companies that are similar to Microchip Technology include Micron Technology, Marvell Technology, Analog Devices, Intel and Monolithic Power Systems. 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.