Microchip Technology (MCHP) Stock Forecast & Price Target

$52.60 +0.34 (+0.65%)

Closing price 02/4/2025 04:00 PM Eastern

Extended Trading

$52.26 -0.34 (-0.64%)

As of 02/4/2025 07:59 PM Eastern

Microchip Technology - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy

Based on 18 Analyst Ratings

Sell
1

Hold
4

Buy
13

Based on 18 Wall Street analysts who have issued ratings for Microchip Technology in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 18 analysts, 1 has given a sell rating, 4 have given a hold rating, and 13 have given a buy rating for MCHP.

Consensus Price Target

$81.67
55.26% Upside

According to the 18 analysts' twelve-month price targets for Microchip Technology, the average price target is $81.67. The highest price target for MCHP is $103.00, while the lowest price target for MCHP is $58.00. The average price target represents a forecasted upside of 55.26% from the current price of $52.60.

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MCHP Analyst Ratings Over Time

Type	Current Forecast 2/6/24 to 2/5/25	1 Month Ago 1/7/24 to 1/6/25	3 Months Ago 11/8/23 to 11/7/24	1 Year Ago 2/6/23 to 2/6/24
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	13 Buy rating(s)	14 Buy rating(s)	14 Buy rating(s)	10 Buy rating(s)
Hold	4 Hold rating(s)	4 Hold rating(s)	5 Hold rating(s)	5 Hold rating(s)
Sell	1 Sell rating(s)	1 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$81.67	$89.63	$92.00	$91.33
Forecasted Upside	55.26% Upside	53.77% Upside	23.76% Upside	9.71% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy

MCHP Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

MCHP Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Microchip Technology Stock vs. The Competition

Type	Microchip Technology	Computer and Technology Companies	S&P 500
Consensus Rating Score	2.67	2.68	2.53
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	55.26% Upside	58.27% Upside	13.00% Upside
News Sentiment Rating	Positive News See Recent MCHP News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
2/4/2025	Morgan Stanley 3 of 5 stars	Joseph Moore Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Equal Weight ➝ Equal Weight	$71.00 ➝ $58.00	+9.73%
1/24/2025	B. Riley 4 of 5 stars		Lower Target	Buy	$93.00 ➝ $85.00	+42.69%
1/14/2025	KeyCorp 3 of 5 stars	John Vinh Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Overweight ➝ Overweight	$90.00 ➝ $70.00	+25.20%
1/10/2025	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating	Vijay Rakesh Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Outperform ➝ Outperform	$85.00 ➝ $72.00	+31.27%
1/10/2025	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Toshiya Hari Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Neutral ➝ Neutral	$72.00 ➝ $63.00	+14.36%
12/16/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Neutral ➝ Underperform	$80.00 ➝ $65.00	+8.46%
12/3/2024	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$90.00 ➝ $87.00	+27.42%
12/3/2024	Needham & Company LLC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Buy	$85.00 ➝ $85.00	+20.89%
11/6/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$100.00 ➝ $90.00	+22.17%
11/6/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$92.00 ➝ $82.00	+11.31%
Get the Latest News and Ratings for MCHP and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Microchip Technology and its competitors with MarketBeat's FREE daily newsletter.
11/6/2024	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Outperform ➝ Outperform	$101.00 ➝ $95.00	+27.89%
11/6/2024	Susquehanna Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Positive ➝ Positive	$95.00 ➝ $90.00	+22.30%
11/6/2024	Rosenblatt Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Buy	$90.00 ➝ $90.00	+19.86%
11/6/2024	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating	H. Kumar Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Overweight ➝ Overweight	$100.00 ➝ $85.00	+13.20%
11/6/2024	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Hold ➝ Hold	$80.00 ➝ $70.00	-6.78%
9/23/2024	Truist Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating	W. Stein Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Buy ➝ Hold	$89.00 ➝ $80.00	+3.88%
8/2/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight ➝ Overweight	$110.00 ➝ $100.00	+18.53%
5/7/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$95.00 ➝ $103.00	+11.09%
1/18/2024	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Peer Perform ➝ Outperform	$105.00	+25.99%
8/4/2023	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Equal Weight ➝ Equal Weight	$80.00 ➝ $90.00	+7.35%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 03:38 AM ET.

Should I Buy Microchip Technology Stock? MCHP Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Monday, February 3, 2025. Please send any questions or comments about these Microchip Technology pros and cons to contact@marketbeat.com.

Microchip Technology
Bull Case

Here are some ways that investors could benefit from investing in Microchip Technology Incorporated:

Microchip Technology Incorporated recently reported earnings per share of $0.46, exceeding analysts' expectations of $0.43, indicating strong financial performance and effective management.
The company has a solid market capitalization of $29.16 billion, which reflects its significant presence and stability in the semiconductor industry.
Microchip Technology Incorporated has increased its quarterly dividend to $0.455, representing a yield of 3.35%. This consistent dividend growth can attract income-focused investors.
The stock is currently trading at approximately $59.29, which is below its 52-week high of $100.57, suggesting potential for price appreciation as the market recovers.
Analysts have a consensus rating of "Moderate Buy" for Microchip Technology Incorporated, with a target price averaging around $84.00, indicating positive sentiment and potential upside for investors.

Microchip Technology
Bear Case

Investors should be bearish about investing in Microchip Technology Incorporated for these reasons:

The company's revenue for the latest quarter was down 48.4% year-over-year, which raises concerns about its growth trajectory and market demand for its products.
Microchip Technology Incorporated has a relatively high dividend payout ratio of 127.27%, which may not be sustainable in the long term if earnings do not improve.
With a quick ratio of 0.48 and a current ratio of 0.88, the company may face liquidity challenges, indicating potential difficulties in meeting short-term obligations.
Recent price target reductions by analysts, such as from $100.00 to $85.00, suggest a cautious outlook on the stock's performance moving forward.
The semiconductor industry is highly competitive and subject to rapid technological changes, which could impact Microchip Technology Incorporated's market position and profitability.

MCHP Forecast - Frequently Asked Questions

: According to the research reports of 18 Wall Street equities research analysts, the average twelve-month stock price forecast for Microchip Technology is $81.67, with a high forecast of $103.00 and a low forecast of $58.00.
: 18 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Microchip Technology in the last year. There is currently 1 sell rating, 4 hold ratings and 13 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" MCHP shares.
: According to analysts, Microchip Technology's stock has a predicted upside of 55.26% based on their 12-month stock forecasts.
: Over the previous 90 days, Microchip Technology's stock had 1 downgrade by analysts.
: Microchip Technology has been rated by research analysts at B. Riley, Bank of America, KeyCorp, Mizuho, Morgan Stanley, Needham & Company LLC, Stifel Nicolaus, and The Goldman Sachs Group in the past 90 days.
: Analysts like Microchip Technology less than other "computer and technology" companies. The consensus rating score for Microchip Technology is 2.67 while the average consensus rating score for "computer and technology" companies is 2.68. Learn more on how MCHP compares to other companies.

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This page (NASDAQ:MCHP) was last updated on 2/5/2025 by MarketBeat.com Staff

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Microchip Technology (MCHP) Stock Forecast & Price Target