Microchip Technology Incorporated (MCHP)
NASDAQ: MCHP · Real-Time Price · USD
67.81
-2.44 (-3.47%)
At close: Jul 24, 2025, 4:00 PM
67.90
+0.09 (0.13%)
After-hours: Jul 24, 2025, 7:59 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 $76.78, which forecasts a 13.23% increase in the stock price over the next year. The lowest target is $50 and the highest is $100.

Price Target: $76.78 (+13.23%)
Analyst Consensus: Buy
TargetLowAverageMedianHigh
Price$50$76.78$75$100
Change-26.26%+13.23%+10.60%+47.47%

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

RatingFeb '25Mar '25Apr '25May '25Jun '25Jul '25
Strong Buy8999910
Buy777777
Hold444455
Sell111111
Strong Sell000000
Total202121212223

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Susquehanna
Susquehanna
Buy
Maintains
$60$90
BuyMaintains$60$90+32.72%Jul 22, 2025
Stifel
Stifel
Strong Buy
Maintains
$70$82
Strong BuyMaintains$70$82+20.93%Jul 18, 2025
Goldman Sachs
Goldman Sachs
Strong Buy
Initiates
$88
Strong BuyInitiates$88+29.77%Jul 10, 2025
Keybanc
Keybanc
Buy
Maintains
$70$85
BuyMaintains$70$85+25.35%Jul 8, 2025
Mizuho
Mizuho
Buy
Maintains
$78$85
BuyMaintains$78$85+25.35%Jul 8, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
4.71B
from 4.40B
Increased by 7.05%
Revenue Next Year
5.77B
from 4.71B
Increased by 22.52%
EPS This Year
1.43
from -0.01
EPS Next Year
2.64
from 1.43
Increased by 84.97%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026FY 2027FY 2028
Period EndingMar 31, 2021Mar 31, 2022Mar 31, 2023Mar 31, 2024Mar 31, 2025Mar 31, 2026Mar 31, 2027Mar 31, 2028
Revenue
5.44B6.82B8.44B7.63B4.40B4.71B5.77B6.77B
Revenue Growth
3.11%25.42%23.72%-9.53%-42.35%7.05%22.52%17.20%
EPS
0.652.274.023.48-0.011.432.643.24
EPS Growth
-41.44%249.23%77.09%-13.43%--84.97%22.82%
Forward PE
-----47.5225.6920.92
No. Analysts
-----282710
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue20262027202820292030
High5.1B7.1B8.5B
Avg4.7B5.8B6.8B
Low4.3B5.0B5.9B

Revenue Growth

Revenue Growth20262027202820292030
High
16.9%
51.5%
47.3%
Avg
7.1%
22.5%
17.2%
Low
-2.2%
6.0%
1.5%

EPS Forecast

EPS20262027202820292030
High1.834.234.73
Avg1.432.643.24
Low1.211.832.05

EPS Growth

EPS Growth20262027202820292030
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.