Microchip Technology Incorporated (MCHP)
| Market Cap | 20.83B |
| Revenue (ttm) | 4.76B |
| Net Income (ttm) | 308.80M |
| Shares Out | 537.82M |
| EPS (ttm) | 0.57 |
| PE Ratio | 68.37 |
| Forward PE | 43.39 |
| Dividend | $1.82 (4.69%) |
| Ex-Dividend Date | Feb 24, 2025 |
| Volume | 6,652,238 |
| Open | 39.06 |
| Previous Close | 38.88 |
| Day's Range | 38.31 - 39.61 |
| 52-Week Range | 34.13 - 100.57 |
| Beta | 1.50 |
| Analysts | Buy |
| Price Target | 74.10 (+91.33%) |
| 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... [Read more]
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%.
Financial StatementsAnalyst Forecast
According to 21 analysts, the average rating for MCHP stock is "Buy." The 12-month stock price forecast is $74.1, which is an increase of 91.33% from the latest price.
News
Microchip Launches High-Reliability BR235 and BR235D Series of Power Relays for Demanding Military Applications
The 25A QPL electromechanical power relays meet the requirements of MIL-PRF-83536 specification and ISO-9001 certification The 25A QPL electromechanical power relays meet the requirements of MIL-PRF-8...
United Airlines, Microchip Technology lead the stocks posting 20%-plus reversals on Trump tariff pause
More than a dozen companies swung more than 20% from their lows to their highs in Wednesday's furious rally.
New Preferred Stock IPOs, March 2025
We tracked six new preferred stock and exchange traded debt offerings with yields from 6.15% to 10%, highlighting their CDx3 Compliance Scores. Oxford Lane Capital Corp.'s new exchange notes (OXLCG) a...
These 20 worst-performing stocks in the S&P 500 sank 17% or more in March
Stocks turned higher on Monday afternoon to finish March on a positive note. Still, the S&P 500 ended with a 5.8% decline for March, with 69% of component stocks down for the month.
Microchip Technology's Fall From Grace: Can It Rebound?
Microchip Technology faces significant challenges, including a 50% revenue drop, declining margins, and high debt levels, making current investment unattractive. The company's heavy reliance on the As...
Wall Street's Most Accurate Analysts Give Their Take On 3 Tech Stocks Delivering High-Dividend Yields
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...
PolarFire® SoC FPGAs Achieve AEC-Q100 Qualification
CHANDLER, Ariz., March 24, 2025 (GLOBE NEWSWIRE) -- Microchip Technology's (Nasdaq: MCHP) PolarFire® System on Chip (SoC) FPGAs have earned the Automotive Electronics Council (AEC)-Q100 qualification.
Microchip Technology Announces Pricing of Offering of Depositary Shares Representing Interests in Series A Mandatory Convertible Preferred Stock
CHANDLER, Ariz., March 21, 2025 (GLOBE NEWSWIRE) -- (NASDAQ: MCHP) Microchip Technology Incorporated (“Microchip” or the “Company”), a leading provider of smart, connected, and secure embedded control...
JOYY, Akebia Therapeutics, Microchip Technology And Other Big Stocks Moving Lower In Thursday's Pre-Market Session
U.S. stock futures were lower this morning, with the Dow futures falling around 200 points on Thursday.
Microchip Technology Engages Macquarie Group to Facilitate Sale of Tempe Fab 2 Wafer Fabrication Facility
CHANDLER, Ariz., March 20, 2025 (GLOBE NEWSWIRE) -- Microchip Technology (Nasdaq: MCHP) today announced it has engaged Macquarie Group to oversee the marketing and sale of its wafer fabrication facili...
Microchip Technology shares fall after $1.35 billion convertible stock offering plan announced
Shares of Microchip Technology fell more than 3% on Wednesday after the chipmaker announced plans to raise capital by offering $1.35 billion of convertible stock.
Microchip Technology Announces Launch of Offering of Depositary Shares Representing Interests in Series A Mandatory Convertible Preferred Stock
CHANDLER, Ariz., March 19, 2025 (GLOBE NEWSWIRE) -- (NASDAQ: MCHP) Microchip Technology Incorporated (“Microchip” or the “Company”), a leading provider of smart, connected, and secure embedded control...
Entry-Level Microcontrollers Reduce System Cost and Complexity in Safety-Critical Applications
CHANDLER, Ariz., March 19, 2025 (GLOBE NEWSWIRE) -- To assist engineers in meeting stringent safety requirements while minimizing design costs and complexity, Microchip Technology (Nasdaq: MCHP) has l...
Microchip Introduces Electric Two-Wheeler Ecosystem to Accelerate E-Mobility Innovation
Scalable and flexible solutions to design diverse models of e-scooters and e-bikes Scalable and flexible solutions to design diverse models of e-scooters and e-bikes
Microchip Technology Unveils 32-bit MCU Family with Integrated High-Performance Analog Peripherals
CHANDLER, Ariz., March 11, 2025 (GLOBE NEWSWIRE) -- To address the increasing demand for high-performance, math-intensive applications in a wide range of industries, Microchip Technology (Nasdaq: MCHP...
Microchip Technology Releases Versatile MPLAB® PICkit™ Basic Debugger
CHANDLER, Ariz., March 05, 2025 (GLOBE NEWSWIRE) -- To make its robust programming and debugging capabilities accessible to a wider range of engineers, Microchip Technology (Nasdaq: MCHP) has launched...
Microchip Technology to Present at the Raymond James 46ᵗʰ Annual Investors Conference
CHANDLER, Ariz., March 03, 2025 (GLOBE NEWSWIRE) -- (NASDAQ:MCHP) – Microchip Technology Incorporated, a leading provider of smart, connected, and secure embedded control solutions, today announced th...
Microchip Technology to Present at the Raymond James 46th Annual Investors Conference
CHANDLER, Ariz., March 03, 2025 (GLOBE NEWSWIRE) -- Microchip Technology Incorporated, a leading provider of smart, connected, and secure embedded control solutions, today announced that the Company w...
Microchip Technology Incorporated (MCHP) Morgan Stanley Technology, Media & Telcom Conference (Transcript)
Microchip Technology Incorporated (NASDAQ:MCHP) Morgan Stanley Technology, Media & Telcom Conference March 3, 2025 12:15 PM ET Company Participants Steve Sanghi - CEO Eric Bjornholt - CFO Conference ...
Microchip Technology Incorporated (MCHP) Business Update Call (Transcript)
Microchip Technology Incorporated (NASDAQ:MCHP) Business Update Call March 3, 2025 9:00 AM ET Company Participants Steve Sanghi - Chief Executive Officer Eric Bjornholt - Chief Financial Officer Rich...
Microchip Technology to lay off 2,000 employees
Chipmaker Microchip Technology said on Monday it will cut its workforce by about 2,000 employees as it restructures its business.
Introducing SAMA7D65 Microprocessors Available in System-in-Package and System-on-Chip with Advanced Graphics and Connectivity Features
CHANDLER, Ariz., Feb. 26, 2025 (GLOBE NEWSWIRE) -- Embedded developers must address the challenge of designing systems that achieve a balance between compactness, energy efficiency and high performanc...
MPLAB® XC Unified Compiler Licenses Deliver Streamlined Software Management
CHANDLER, Ariz., Feb. 24, 2025 (GLOBE NEWSWIRE) -- Offering an efficient way to manage multiple licenses, Microchip Technology (Nasdaq: MCHP) has launched MPLAB® XC Unified Compiler Licenses for its ...
Microchip Extends maXTouch® M1 Generation Family to Support Large, Curved and Shaped Automotive Displays
CHANDLER, Ariz., Feb. 20, 2025 (GLOBE NEWSWIRE) -- Automakers are revolutionizing the driving experience with innovative smart cockpit designs that feature large displays and emerging technologies lik...
Artificial Intelligence Meets Embedded Development with Microchip's MPLAB® AI Coding Assistant
We're harnessing the power of AI to provide interactive, real-time support that helps developers create better software, more quickly and with less hassle.