MCHP Stock: Price, Forecast, Financials & AI Analysis

High

Open

VWAP

Vol

Mkt Cap

Low

Amount

EV/EBITDA(TTM)

Total Shares

EV/OCF(TTM)

P/S(TTM)

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2026Q3

FY2026Q4

FY2027Q1

1.14B

+11.18%

0.386

+92.97%

1.19B

+23.04%

0.446

+305%

1.28B

+18.85%

0.535

+98.19%

Estimates Revision

The market is revising Downward the revenue expectations for Microchip Technology Incorporated (MCHP) for FY2026, with the revenue forecasts being adjusted by -2.12% over the past three months. During the same period, the stock price has changed by 14.21%.

Revenue Estimates for FY2026

Revise Downward

-2.12%

In Past 3 Month

EPS Estimates for FY2026

Revise Downward

-0.41%

In Past 3 Month

Stock Price

Go Up

+14.21%

In Past 3 Month

16 Analyst Rating

Wall Street analysts forecast MCHP stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MCHP is 72.64 USD with a low forecast of 58.00 USD and a high forecast of 85.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

10 Buy

6 Hold

0 Sell

Moderate Buy

Current: 0.000

Low

58.00

Averages

72.64

High

85.00

Current: 0.000

Low

58.00

Averages

72.64

High

85.00

Mizuho

Outperform

maintain

$80 -> $83

2026-01-09

New

Reason

Mizuho

Price Target

$80 -> $83

2026-01-09

New

maintain

Outperform

Reason

Mizuho raised the firm's price target on Microchip to $83 from $80 and keeps an Outperform rating on the shares. The firm adjusted targets in the semiconductors and semiconductor capital equipment group as part of its 2026 outlook. Mizuho sees continued upside for the group in 2026 due to "attractive valuations," but more modest than 2025. The analyst' top sectors in 2026 are AI accelerators and wafter fab equipment, Optical, and memory, while the firm remains cautious on electric vehicles, autos and analog as well as computers and handsets. Mizuho's top picks for 2026 are Nvidia, Lumentum and Broadcom.

Morgan Stanley

Equal Weight

maintain

$68 -> $69

2026-01-07

New

Reason

Morgan Stanley

Price Target

$68 -> $69

2026-01-07

New

maintain

Equal Weight

Reason

Morgan Stanley raised the firm's price target on Microchip to $69 from $68 and keeps an Equal Weight rating on the shares after the company pre-announced Q4 revenue 5% above its initial midpoint of its December-end quarter guidance. After Microchip raised guidance "again," citing a generally broad-based recovery across most of its end markets, the firm notes that its calendar 2026 and 2027 estimates come up by 11% and 1%, respectively.

Needham

Buy

maintain

$75 -> $77

2026-01-06

New

Reason

Needham

Price Target

$75 -> $77

2026-01-06

New

maintain

Buy

Reason

Needham raised the firm's price target on Microchip to $77 from $75 and keeps a Buy rating on the shares. The company last night issued its second positive outlook revision this quarter, the analyst tells investors in a research note. Needham believes Microchip is seeing a recovery across most end markets as inventory corrects across direct and distribution customers.

Stifel

Buy

maintain

$75 -> $80

2026-01-06

New

Reason

Stifel

Price Target

$75 -> $80

2026-01-06

New

maintain

Buy

Reason

Stifel raised the firm's price target on Microchip to $80 from $75 and keeps a Buy rating on the shares after the company raised financial guidance for the December-end quarter, or its fiscal Q3.

JPMorgan

Overweight

maintain

$77 -> $85

2026-01-06

New

Reason

JPMorgan

Price Target

$77 -> $85

2026-01-06

New

maintain

Overweight

Reason

JPMorgan raised the firm's price target on Microchip to $85 from $77 and keeps an Overweight rating on the shares. The company increased its sales outlook for the December quarter on strong broad-based booking activity, the analyst tells investors in a research note. The firm says Microchip's starting backlog for the March quarter is much stronger than it was for the December quarter. It anticipates continued quarter-over-quarter growth for the company into 2026. Microchip's gross margins should continue to move higher on lower underutilization charges and lower inventory write-offs, adds JPMorgan.

Cantor Fitzgerald

CJ Muse

Neutral -> Overweight

upgrade

$65 -> $85

2025-12-16

Reason

Cantor Fitzgerald

CJ Muse

Price Target

$65 -> $85

2025-12-16

upgrade

Neutral -> Overweight

Reason

Cantor Fitzgerald analyst CJ Muse upgraded Microchip to Overweight from Neutral with a price target of $85, up from $65. The SOX is positioned to lead markets higher after outperforming the S&P by roughly 30 points in CY25, supported by the early stages of the AI era driving demand across compute, networking, memory, and equipment, the analyst tells investors in a research note. While cyclical factors may create mixed signals, the macro backdrop and expected exponential growth in AI infrastructure spending support a long position in the SOX and overweight exposure to AI-related plays into CY26, the firm says.

Valuation Metrics

The current forward P/E ratio for Microchip Technology Inc (MCHP.O) is 32.60, compared to its 5-year average forward P/E of 24.66. For a more detailed relative valuation and DCF analysis to assess Microchip Technology Inc 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

5Y Average PE

24.66

Current PE

32.60

Overvalued PE

38.73

Undervalued PE

10.58

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

5Y Average EV/EBITDA

19.36

Current EV/EBITDA

21.36

Overvalued EV/EBITDA

27.05

Undervalued EV/EBITDA

11.67

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

5Y Average PS

6.42

Current PS

7.06

Overvalued PS

7.99

Undervalued PS

4.85

Financials

Annual

Quarterly

N/A

Total Revenue

N/A

Operating Profit

N/A

Net Income after Tax

N/A

EPS - Diluted

N/A

Free Cash Flow

N/A

Gross Profit Margin - %

N/A

FCF Margin - %

N/A

Net Margin - %

N/A

ROIC

Trading Trends

Insider

Insiders are Neutral. There are no significant trading trends over the last month.

Sold

Bought

Hedge Fund

Hedge Funds are Neutral. There are no significant trading trends over the last quarter.

Sold

Bought

Congress Trading

Congress are Neutral. There are no significant trading trends over the last month.

Sold

Bought

Insider

Insiders are Neutral. There are no significant trading trends over the last month.

Sold

Bought

MCHP News & Events

Events Timeline

No data

News

4.5

00:04 AMNASDAQ.COM

US Stock Market Rallies, S&P 500 Hits All-Time High

7.5

01-09Benzinga

Global Semiconductor Sales Hit Record Highs, Projected to Reach $1 Trillion Market in 2026

4.0

01-09Barron's

Qualcomm Shares Decline Following Downgrade Amid Ongoing Issues with Apple.

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Frequently Asked Questions

What is Microchip Technology Inc (MCHP) stock price today?

The current price of MCHP is 75.22 USD — it has increased 2.3 % in the last trading day.

What is Microchip Technology Inc (MCHP)'s business?

Microchip Technology Incorporated is a provider of smart, connected, and secure embedded control solutions. The Company’s semiconductor products segment designs, develops, manufactures and markets mixed-signal microcontrollers, development tools and analog, interface, mixed-signal, timing, wired and wireless connectivity devices, and memory products. The Company's technology licensing segment includes sales and licensing of the Company's intellectual property. Its products include PIC64 Microprocessors, FPGAs, myMicrochip, MPLAB X IDE, Analog, and Microcontrollers. Its development tools include Atmel START and MPLAB Discover. Its manufacturing operations include wafer fabrication, wafer probe, assembly, and test. The Company’s solutions serve customers across the industrial, automotive, consumer, aerospace and defense, communications and computing markets. The Company markets and sells its products worldwide primarily through a network of direct sales personnel and distributors.

What is the price predicton of MCHP Stock?

What is Microchip Technology Inc (MCHP)'s revenue for the last quarter?

Microchip Technology Inc revenue for the last quarter amounts to 1.14B USD, decreased -2.01 % YoY.

What is Microchip Technology Inc (MCHP)'s earnings per share (EPS) for the last quarter?

Microchip Technology Inc. EPS for the last quarter amounts to 0.03 USD, decreased -78.57 % YoY.

What changes have occurred in the market's expectations for Microchip Technology Inc (MCHP)'s fundamentals?

How many employees does Microchip Technology Inc (MCHP). have?

Microchip Technology Inc (MCHP) has 19400 emplpoyees as of January 10 2026.

What is Microchip Technology Inc (MCHP) market cap?

Today MCHP has the market capitalization of 40.65B USD.