Microchip Technology Incorporated (MCHP)

Market Cap	28.59B
Revenue (ttm)	4.76B
Net Income (ttm)	308.80M
Shares Out	537.82M
EPS (ttm)	0.57
PE Ratio	93.84
Forward PE	59.04
Dividend	$1.82 (3.42%)
Ex-Dividend Date	Feb 24, 2025

Volume	4,614,304
Open	53.50
Previous Close	53.89
Day's Range	53.12 - 54.08
52-Week Range	49.92 - 100.57
Beta	1.52
Analysts	Buy
Price Target	75.62 (+42.25%)
Earnings Date	May 5, 2025

About MCHP

Microchip Technology Incorporated engages in the development, manufacture, and sale of 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 mixed-signal 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 pr...

• Industry: Semiconductors
• Sector: Technology
• IPO Date: Mar 19, 1993
• Employees: 22,300
• Stock Exchange: NASDAQ
• Ticker Symbol: MCHP
• Website: https://www.microchip.com

Financial Performance

In 2023, Microchip Technology's revenue was $7.63 billion, a decrease of -9.53% compared to the previous year's $8.44 billion. Earnings were $1.91 billion, a decrease of -14.78%.

Analyst Forecast

According to 21 analysts, the average rating for MCHP stock is "Buy." The 12-month stock price forecast is $75.62, which is an increase of 42.25% from the latest price.

Price Target

$75.62

(42.25% upside)

Analyst Consensus: Buy