MCHP Earnings

MCHP reported its FY2026Q3 earnings on 2026-02-05, showcasing a revenue of 0.00 against an estimate of 1.00B, resulting in a 0% surprise. The EPS was 0, surpassing the expected 0.43 by 0% . The stock experienced a 0% price change on the earnings day and a 0% change over the next five days, reflecting market reactions to the results.

Following MCHP's FY2026Q3 earnings announcement on 2026-02-05, the stock price moved by % on the day of the release. Over the subsequent five days, it saw a % change. Historically, MCHP's stock price tends to shift by an average of +2.56% in the 10 days leading up to earnings and +0.88% in the 10 days following, providing insight into potential market.

For 2026/Q3, analysts estimate MCHP’s annual revenue to reach 1.00B, while the EPS is projected at 0.00. These estimates reflect recent revisions, with revenue estimates revised Revenue Revise Downward by -1.97% and EPS estimates Revise Downward by -3.16% over the past three months, indicating analyst expectation in the company’s performance.

The correlation between MCHP's stock price and earnings forecast revisions shows that positive revisions in revenue or EPS often strengthen the stock’s fundamentals. Over the past three months, revenue estimates for FY2026 were Revise Downward by -1.97%, while EPS estimates moved Revise Downward by -3.16% . This trend suggests that price dips could present buying opportunities for investors.

Based on historical trends, MCHP's stock price typically moves by +2.56% in the 10 days before its earnings and +0.88% in the 10 days after. For the upcoming 2026/Q3 earnings, analysts expect an EPS of 0.00 and revenue of 1.00B.

The earnings call presents a mixed picture. Strong financial metrics and optimistic guidance are offset by concerns over inventory write-offs, underutilization charges, and lack of visibility due to dismantled LTSAs. The strategic focus on data center products and expected cost savings from the Fab 2 closure are positives, but substrate capacity constraints and unclear management responses create uncertainties. Overall, the sentiment is neutral, with no strong catalysts for a significant stock price movement in either direction.