Microchip Technology Incorporated (MCHP)
NASDAQ: MCHP · Real-Time Price · USD
75.22
+1.69 (2.30%)
At close: Jan 9, 2026, 4:00 PM EST
75.20
-0.02 (-0.02%)
After-hours: Jan 9, 2026, 7:58 PM EST
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 $75.7, which forecasts a 0.64% increase in the stock price over the next year. The lowest target is $60 and the highest is $88.
Price Target: $75.7 (+0.64%)
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 | Aug '25 | Sep '25 | Oct '25 | Nov '25 | Dec '25 | Jan '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 11 | 11 | 11 | 10 | 10 | 10 |
| Buy | 6 | 6 | 6 | 5 | 6 | 7 |
| Hold | 6 | 7 | 7 | 6 | 6 | 6 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 23 | 24 | 24 | 21 | 22 | 23 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Mizuho | Mizuho | Buy Maintains $80 → $83 | Buy | Maintains | $80 → $83 | +10.34% | Jan 9, 2026 |
| Wells Fargo | Wells Fargo | Hold Maintains $58 → $60 | Hold | Maintains | $58 → $60 | -20.23% | Jan 7, 2026 |
| JP Morgan | JP Morgan | Buy Maintains $77 → $85 | Buy | Maintains | $77 → $85 | +13.00% | Jan 6, 2026 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $68 → $69 | Hold | Maintains | $68 → $69 | -8.27% | Jan 6, 2026 |
| Rosenblatt | Rosenblatt | Strong Buy Maintains $80 | Strong Buy | Maintains | $80 | +6.35% | Jan 6, 2026 |
Financial Forecast
Revenue This Year
4.65B
from 4.40B
Increased by 5.55%
Revenue Next Year
5.59B
from 4.65B
Increased by 20.21%
EPS This Year
1.47
from -0.01
EPS Next Year
2.55
from 1.47
Increased by 73.26%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 4.8B | 6.8B | |||
| Avg | 4.6B | 5.6B | |||
| Low | 4.4B | 4.9B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 9.5% | 46.3% | |||
| Avg | 5.6% | 20.2% | |||
| Low | 0.4% | 5.3% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 1.57 | 3.16 | |||
| Avg | 1.47 | 2.55 | |||
| Low | 1.12 | 2.18 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | - | 114.5% | |||
| Avg | - | 73.3% | |||
| Low | - | 47.6% |
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.