Microchip Technology Incorporated (MCHP)
NASDAQ: MCHP · Real-Time Price · USD
52.38
-1.51 (-2.80%)
Mar 25, 2025, 4:00 PM EST - Market closed
Microchip Technology Stock Forecast
Stock Price Forecast
The 21 analysts with 12-month price forecasts for Microchip Technology stock have an average target of 75.62, with a low estimate of 58 and a high estimate of 103. The average target predicts an increase of 44.37% from the current stock price of 52.38.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Microchip Technology stock from 21 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 | Oct '24 | Nov '24 | Dec '24 | Jan '25 | Feb '25 | Mar '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 9 | 8 | 8 | 7 | 8 | 9 |
| Buy | 6 | 6 | 7 | 8 | 7 | 7 |
| Hold | 5 | 5 | 4 | 4 | 4 | 4 |
| Sell | 0 | 0 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 20 | 19 | 20 | 20 | 20 | 21 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $65 → $71 | Buy | Maintains | $65 → $71 | +35.55% | Mar 4, 2025 |
| Mizuho | Mizuho | Buy Maintains $58 → $68 | Buy | Maintains | $58 → $68 | +29.82% | Mar 4, 2025 |
| Rosenblatt | Rosenblatt | Strong Buy Maintains $70 | Strong Buy | Maintains | $70 | +33.64% | Mar 4, 2025 |
| Needham | Needham | Strong Buy Maintains $60 → $66 | Strong Buy | Maintains | $60 → $66 | +26.00% | Mar 4, 2025 |
| B. Riley Securities | B. Riley Securities | Strong Buy Reiterates $85 → $75 | Strong Buy | Reiterates | $85 → $75 | +43.18% | Feb 7, 2025 |
Financial Forecast
Revenue This Year
4.49B
from 7.63B
Decreased by -41.21%
Revenue Next Year
4.61B
from 4.49B
Increased by 2.74%
EPS This Year
1.31
from 3.48
Decreased by -62.35%
EPS Next Year
1.28
from 1.31
Decreased by -2.17%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 4.8B | 5.6B | 7.0B | ||
| Avg | 4.5B | 4.6B | 5.8B | ||
| Low | 4.3B | 3.8B | 4.5B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | -37.6% | 24.7% | 52.4% | ||
| Avg | -41.2% | 2.7% | 26.2% | ||
| Low | -43.6% | -14.7% | -2.1% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 1.41 | 2.09 | 4.26 | ||
| Avg | 1.31 | 1.28 | 2.56 | ||
| Low | 1.09 | 0.58 | 1.50 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | -59.6% | 59.5% | 232.6% | ||
| Avg | -62.4% | -2.2% | 100.0% | ||
| Low | -68.7% | -55.9% | 17.0% |
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.