Microchip Technology Stock Forecast

Stock Price Forecast

The 22 analysts that cover Microchip Technology stock have a consensus rating of "Buy" and an average price target of $71.91, which forecasts a 0.32% increase in the stock price over the next year. The lowest target is $50 and the highest is $100.

Price Target: $71.91 (+0.32%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$50	$71.91	$70	$100
Change	-30.25%	+0.32%	-2.34%	+39.51%

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	Jan '25	Feb '25	Mar '25	Apr '25	May '25	Jun '25
Strong Buy	7	8	9	9	9	9
Buy	8	7	7	7	7	7
Hold	4	4	4	4	4	5
Sell	1	1	1	1	1	1
Strong Sell	0	0	0	0	0	0
Total	20	20	21	21	21	22

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
William Stein Truist Securities	Truist Securities	Hold Maintains $52 → $64	Hold	Maintains	$52 → $64	-10.71%	Jun 18, 2025
Matthew Prisco Cantor Fitzgerald	Cantor Fitzgerald	Hold Initiates $70	Hold	Initiates	$70	-2.34%	Jun 18, 2025
Mark Lipacis Evercore ISI Group	Evercore ISI Group	Buy Maintains $69 → $83	Buy	Maintains	$69 → $83	+15.79%	Jun 12, 2025
Vijay Rakesh Mizuho	Mizuho	Buy Maintains $68 → $78	Buy	Maintains	$68 → $78	+8.82%	Jun 12, 2025
Christopher Danely Citigroup	Citigroup	Strong Buy Maintains $55 → $68	Strong Buy	Maintains	$55 → $68	-5.13%	Jun 9, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

4.68B

from 4.40B

6.21%

from 4.40B

Revenue Next Year

5.69B

from 4.68B

21.75%

from 4.68B

EPS This Year

1.39

from -0.01

EPS Next Year

2.56

from 1.39

83.75%

from 1.39

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027	FY 2028
Period Ending	Mar 31, 2021	Mar 31, 2022	Mar 31, 2023	Mar 31, 2024	Mar 31, 2025	Mar 31, 2026	Mar 31, 2027	Mar 31, 2028
Revenue	5.44B	6.82B	8.44B	7.63B	4.40B	4.68B	5.69B	6.55B
Revenue Growth	3.11%	25.42%	23.72%	-9.53%	-42.35%	6.21%	21.75%	15.09%
EPS	0.65	2.27	4.02	3.48	-0.01	1.39	2.56	3.07
EPS Growth	-41.44%	249.23%	77.09%	-13.43%	-	-	83.75%	20.09%
Forward PE	-	-	-	-	-	51.47	28.01	23.33
No. Analysts	-	-	-	-	-	27	26	9

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2026	2027	2028
High	5.1B	6.8B	7.5B
Avg	4.7B	5.7B	6.6B
Low	3.9B	4.8B	5.9B

Revenue Growth

Revenue Growth	2026	2027	2028
High	14.9%	45.9%	32.5%
Avg	6.2%	21.8%	15.1%
Low	-10.9%	2.7%	2.9%

EPS Forecast

EPS	2026	2027	2028
High	1.83	4.23	4.57
Avg	1.39	2.56	3.07
Low	0.76	1.83	2.05

EPS Growth

EPS Growth	2026	2027	2028
High	-	203.8%	78.5%
Avg	-	83.8%	20.1%
Low	-	31.6%	-20.0%

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.