Microchip Technology Inc

Microchip Technology Inc Stock Forecast & Price Prediction

Live Microchip Technology Inc Stock (MCHP) Price
$81.61

18

Ratings

  • Buy 11
  • Hold 7
  • Sell 0
Disclaimer : The analyst ratings and price forecast data are provided by Tradefeeds. The data is sourced from Wall Street analysts and other experienced experts. The figures presented are solely a forecast and not a guarantee of future price performance. The information presented is not a recommendation to buy or sell the stock.

Stock Price

$81.61

P/E Ratio

P/E Ratio not available for MCHP

Volume Traded Today

$4.1M

Dividend

Dividends not available for MCHP

52 Week High/low

94.30/68.75

Microchip Technology Inc Market Cap

$44.10B

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MCHP Summary

Based on ratings from 18 stock analysts, the Microchip Technology Inc stock price is expected to increase by 12.87% in 12 months. This is calculated by using the average 12-month stock price forecast for Microchip Technology Inc. The lowest target is $77.00 and the highest is $105.00. Please note analyst price targets are not guaranteed and could be missed completely.

MCHP Analyst Ratings

MCHP is a stock in Technology which has been forecasted to be worth $92.11 as an average. On the higher end, the forecast price is $105.00 USD by melissa fairbanks from Raymond James and on the lower end MCHP is forecasted to be $77.00 by toshiya hari from Goldman Sachs.

MCHP stock forecast by analyst

Analyst/Firm

Rating

Price Target

Change

Date

vivek arya
Bank of America Securities

Buy

$100.0

reiterated

Feb 2, 2024
harsh kumar
Piper Sandler

Hold

$80.0

reiterated

Feb 2, 2024
harlan sur
J.P. Morgan

Buy

$95.0

reiterated

Feb 2, 2024
john vinh
KeyBanc

Buy

None

rated

Feb 2, 2024
christopher rolland
Susquehanna

Buy

$100.0

maintained

Feb 2, 2024
vijay rakesh
Mizuho Securities

Hold

$82.0

maintained

Feb 2, 2024
toshiya hari
Goldman Sachs

Hold

$77.0

maintained

Feb 2, 2024
timothy arcuri
UBS

Buy

$95.0

maintained

Feb 2, 2024
quinn bolton
Needham

Buy

$90.0

maintained

Feb 2, 2024
matt ramsay
TD Cowen

Hold

$80.0

maintained

Feb 1, 2024
joshua buchalter
TD Cowen

Hold

$80.0

maintained

Feb 1, 2024
hans mosesmann
Rosenblatt Securities

Buy

$100.0

maintained

Jan 30, 2024
pradeep ramani
UBS

Buy

$105.0

maintained

Jan 25, 2024
chris caso
Wolfe Research

Buy

$105.0

upgraded

Jan 17, 2024
ambrish srivastava
BMO Capital

Hold

None

rated

Jan 10, 2024
tore svanberg
Stifel Nicolaus

Buy

$96.0

maintained

Jan 9, 2024
william stein
Truist Financial

Buy

$93.0

maintained

Jan 9, 2024
christopher danely
Citi

Buy

$100.0

reiterated

Jan 8, 2024
gary mobley
Wells Fargo

Hold

$90.0

maintained

Jan 8, 2024
aaron rakers
Wells Fargo

Hold

$90.0

maintained

Jan 3, 2024

MCHP Company Information

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.

MCHP
Microchip Technology Inc (MCHP)

When did it IPO

1993

Staff Count

22,600

Country

United States

Sector/Industry

Technology/Semiconductors

CEO

Mr. Ganesh Moorthy

Market Cap

$44.10B

Microchip Technology Inc(MCHP) Financial Data

In 2023, MCHP generated $0 in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that MCHP's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2019

N/A

Revenue From 2020

N/A

0.00 %
From Previous Year

Revenue From 2021

N/A

0.00 %
From Previous Year

Revenue From 2022

N/A

0.00 %
From Previous Year
  • Revenue TTM $8.54B
  • Operating Margin TTM 0.30%
  • Gross profit TTM $5.70B
  • Return on assets TTM 0.12%
  • Return on equity TTM 0.35%
  • Profit margin 0.27586%
  • Book value 13.10%
  • Market capitalisation $44.10B
  • Revenue for 2020 N/A
  • Revenue for 2021 N/A
  • Revenue for 2022 N/A
  • EPS this year 4.28
  • EPS next year N/A
... ...

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MCHP Frequently asked questions

The highest forecasted price for MCHP is $105.00 from melissa fairbanks at Raymond James.

The lowest forecasted price for MCHP is $77.00 from toshiya hari from Goldman Sachs

The MCHP analyst ratings consensus are 11 buy ratings, 7 hold ratings, and 0 sell ratings.