Microchip Technology Incorporated (MCHP)
NASDAQ: MCHP · Real-Time Price · USD
65.71
-0.28 (-0.42%)
At close: Aug 15, 2025, 4:00 PM
65.85
+0.14 (0.21%)
After-hours: Aug 15, 2025, 7:39 PM EDT
Microchip Technology Stock Forecast
Stock Price Forecast
The 23 analysts that cover Microchip Technology stock have a consensus rating of "Buy" and an average price target of $76.87, which forecasts a 16.98% increase in the stock price over the next year. The lowest target is $50 and the highest is $95.
Price Target: $76.87 (+16.98%)
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Microchip Technology stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Mar '25 | Apr '25 | May '25 | Jun '25 | Jul '25 | Aug '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 9 | 9 | 9 | 9 | 10 | 11 |
| Buy | 7 | 7 | 7 | 7 | 7 | 6 |
| Hold | 4 | 4 | 4 | 5 | 5 | 5 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 21 | 21 | 21 | 22 | 23 | 23 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Raymond James | Raymond James | Strong Buy Maintains $65 → $75 | Strong Buy | Maintains | $65 → $75 | +14.14% | Aug 8, 2025 |
| Piper Sandler | Piper Sandler | Buy Maintains $65 → $80 | Buy | Maintains | $65 → $80 | +21.75% | Aug 8, 2025 |
| Needham | Needham | Strong Buy Maintains $66 → $77 | Strong Buy | Maintains | $66 → $77 | +17.18% | Aug 8, 2025 |
| Susquehanna | Susquehanna | Buy Maintains $60 → $90 | Buy | Maintains | $60 → $90 | +36.97% | Jul 22, 2025 |
| Stifel | Stifel | Strong Buy Maintains $70 → $82 | Strong Buy | Maintains | $70 → $82 | +24.79% | Jul 18, 2025 |
Financial Forecast
Revenue This Year
4.71B
from 4.40B
Increased by 7.01%
Revenue Next Year
5.75B
from 4.71B
Increased by 22.14%
EPS This Year
1.43
from -0.01
EPS Next Year
2.64
from 1.43
Increased by 84.97%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 5.1B | 7.1B | 8.5B | ||
| Avg | 4.7B | 5.8B | 6.7B | ||
| Low | 4.3B | 5.0B | 5.9B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 16.9% | 51.6% | 47.8% | ||
| Avg | 7.0% | 22.1% | 16.8% | ||
| Low | -2.2% | 6.0% | 1.8% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 1.83 | 4.23 | 4.73 | ||
| Avg | 1.43 | 2.64 | 3.24 | ||
| Low | 1.21 | 1.83 | 2.05 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | - | 196.5% | 79.0% | ||
| Avg | - | 85.0% | 22.8% | ||
| Low | - | 28.4% | -22.4% |
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.