Microchip Technology Stock Forecast

Stock Price Forecast

The 20 analysts with 12-month price forecasts for MCHP stock have an average target of 86.5, with a low estimate of 63 and a high estimate of 105. The average target predicts an increase of 55.10% from the current stock price of 55.77.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$63	$86.5	$90	$105
Change	+12.96%	+55.10%	+61.38%	+88.27%

Analyst Ratings

The average analyst rating for MCHP stock from 20 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24	Jan '25
Strong Buy	10	9	9	8	8	7
Buy	6	6	6	6	7	8
Hold	4	5	5	5	4	4
Sell	0	0	0	0	1	1
Strong Sell	0	0	0	0	0	0
Total	20	20	20	19	20	20

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
John Vinh Keybanc	Keybanc	Buy Maintains $90 → $70	Buy	Maintains	$90 → $70	+25.52%	Jan 14, 2025
Vijay Rakesh Mizuho	Mizuho	Buy Maintains $85 → $72	Buy	Maintains	$85 → $72	+29.10%	Jan 10, 2025
Toshiya Hari Goldman Sachs	Goldman Sachs	Hold Maintains $72 → $63	Hold	Maintains	$72 → $63	+12.96%	Jan 10, 2025
Vivek Arya B of A Securities	B of A Securities	Hold → Sell Downgrades $80 → $65	Hold → Sell	Downgrades	$80 → $65	+16.55%	Dec 16, 2024
Tore Svanberg Stifel	Stifel	Strong Buy Maintains $90 → $87	Strong Buy	Maintains	$90 → $87	+56.00%	Dec 3, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

4.64B

from 7.63B

-39.26%

from 7.63B

Revenue Next Year

5.41B

from 4.64B

16.56%

from 4.64B

EPS This Year

1.64

from 3.48

-52.93%

from 3.48

EPS Next Year

2.50

from 1.64

52.42%

from 1.64

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Mar 31, 2020	Mar 31, 2021	Mar 31, 2022	Mar 31, 2023	Mar 31, 2024	Mar 31, 2025	Mar 31, 2026	Mar 31, 2027
Revenue	5.27B	5.44B	6.82B	8.44B	7.63B	4.64B	5.41B	6.76B
Revenue Growth	-1.41%	3.11%	25.42%	23.72%	-9.53%	-39.26%	16.56%	25.14%
EPS	1.11	0.65	2.27	4.02	3.48	1.64	2.50	3.94
EPS Growth	56.34%	-41.44%	249.23%	77.09%	-13.43%	-52.93%	52.42%	57.90%
Forward PE	-	-	-	-	-	34.05	22.34	14.15
No. Analysts	-	-	-	-	-	28	28	17

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027
High	4.9B	7.4B	8.8B
Avg	4.6B	5.4B	6.8B
Low	4.4B	4.4B	5.1B

Revenue Growth

Revenue Growth	2025	2026	2027
High	-35.3%	60.0%	63.0%
Avg	-39.3%	16.6%	25.1%
Low	-42.8%	-4.2%	-5.8%

EPS Forecast

EPS	2025	2026	2027
High	1.97	4.56	6.02
Avg	1.64	2.50	3.94
Low	1.39	1.54	2.10

EPS Growth

EPS Growth	2025	2026	2027
High	-43.3%	178.2%	141.0%
Avg	-52.9%	52.4%	57.9%
Low	-60.0%	-5.8%	-15.7%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.