Microchip Technology Incorporated (MCHP)
NASDAQ: MCHP · Real-Time Price · USD
64.42
-0.42 (-0.65%)
At close: Sep 26, 2025, 4:00 PM EDT
64.28
-0.14 (-0.22%)
After-hours: Sep 26, 2025, 7:51 PM EDT

Microchip Technology Stock Forecast

Stock Price Forecast

The 24 analysts that cover Microchip Technology stock have a consensus rating of "Buy" and an average price target of $76.17, which forecasts a 18.24% increase in the stock price over the next year. The lowest target is $50 and the highest is $95.

Price Target: $76.17 (+18.24%)
Analyst Consensus: Buy
TargetLowAverageMedianHigh
Price$50$76.17$77$95
Change-22.38%+18.24%+19.53%+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

RatingApr '25May '25Jun '25Jul '25Aug '25Sep '25
Strong Buy999101111
Buy777766
Hold445556
Sell111111
Strong Sell000000
Total212122232324

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Wells Fargo
Wells Fargo
Hold
Initiates
$60
HoldInitiates$60-6.86%Sep 15, 2025
Raymond James
Raymond James
Strong Buy
Maintains
$65$75
Strong BuyMaintains$65$75+16.42%Aug 8, 2025
Piper Sandler
Piper Sandler
Buy
Maintains
$65$80
BuyMaintains$65$80+24.19%Aug 8, 2025
Needham
Needham
Strong Buy
Maintains
$66$77
Strong BuyMaintains$66$77+19.53%Aug 8, 2025
Susquehanna
Susquehanna
Buy
Maintains
$60$90
BuyMaintains$60$90+39.71%Jul 22, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
4.73B
from 4.40B
Increased by 7.44%
Revenue Next Year
5.72B
from 4.73B
Increased by 20.87%
EPS This Year
1.52
from -0.01
EPS Next Year
2.67
from 1.52
Increased by 76.23%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingMar 31, 2021Mar 31, 2022Mar 31, 2023Mar 31, 2024Mar 31, 2025Mar 31, 2026Mar 31, 2027
Revenue
5.44B6.82B8.44B7.63B4.40B4.73B5.72B
Revenue Growth
3.11%25.42%23.72%-9.53%-42.35%7.44%20.87%
EPS
0.652.274.023.48-0.011.522.67
EPS Growth
-41.44%249.23%77.09%-13.43%--76.23%
Forward PE
-----42.4924.11
No. Analysts
-----3030
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue20262027202820292030
High5.2B7.1B
Avg4.7B5.7B
Low4.4B5.0B

Revenue Growth

Revenue Growth20262027202820292030
High
17.5%
51.0%
Avg
7.4%
20.9%
Low
0.6%
6.4%

EPS Forecast

EPS20262027202820292030
High1.774.06
Avg1.522.67
Low1.252.03

EPS Growth

EPS Growth20262027202820292030
High-
168.0%
Avg-
76.2%
Low-
33.8%
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.