Microchip Technology Incorporated (MCHP)
NASDAQ: MCHP · Real-Time Price · USD
38.73
-0.15 (-0.39%)
At close: Apr 15, 2025, 4:00 PM
38.13
-0.60 (-1.55%)
After-hours: Apr 15, 2025, 7:40 PM EDT
Microchip Technology Stock Forecast
Stock Price Forecast
The 21 analysts with 12-month price forecasts for Microchip Technology stock have an average target of 74.1, with a low estimate of 50 and a high estimate of 103. The average target predicts an increase of 91.32% from the current stock price of 38.73.
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 | Nov '24 | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 8 | 8 | 7 | 8 | 9 | 9 |
| Buy | 6 | 7 | 8 | 7 | 7 | 7 |
| Hold | 5 | 4 | 4 | 4 | 4 | 4 |
| Sell | 0 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 19 | 20 | 20 | 20 | 21 | 21 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Strong Buy Maintains $65 → $50 | Strong Buy | Maintains | $65 → $50 | +29.10% | Apr 11, 2025 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $65 → $71 | Buy | Maintains | $65 → $71 | +83.32% | Mar 4, 2025 |
| Mizuho | Mizuho | Buy Maintains $58 → $68 | Buy | Maintains | $58 → $68 | +75.57% | Mar 4, 2025 |
| Rosenblatt | Rosenblatt | Strong Buy Maintains $70 | Strong Buy | Maintains | $70 | +80.74% | Mar 4, 2025 |
| Needham | Needham | Strong Buy Maintains $60 → $66 | Strong Buy | Maintains | $60 → $66 | +70.41% | Mar 4, 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
1.33
from 3.48
Decreased by -61.80%
EPS Next Year
1.34
from 1.33
Increased by 0.45%
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 | 1.69 | 2.61 | 4.07 | ||
| Avg | 1.33 | 1.34 | 2.62 | ||
| Low | 1.09 | 0.58 | 1.55 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | -51.4% | 96.7% | 205.1% | ||
| Avg | -61.8% | 0.5% | 96.3% | ||
| Low | -68.7% | -56.5% | 16.0% |
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.