Microchip Technology Incorporated (MCHP)

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 $100.27, which forecasts a 6.84% increase in the stock price over the next year. The lowest target is $69 and the highest is $130.

Price Target: $100.27 (+6.84%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$69	$100.27	$100	$130
Change	-26.48%	+6.84%	+6.55%	+38.52%

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	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26	May '26
Strong Buy	10	10	9	9	9	9
Buy	6	7	8	8	8	8
Hold	6	5	5	5	5	5
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	22	22	22	22	22	22

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Matthew Prisco Cantor Fitzgerald	Cantor Fitzgerald	Buy Reiterates $125	Buy	Reiterates	$125	+33.19%	May 13, 2026
Tom O'Malley Barclays	Barclays	Hold Maintains $80 → $105	Hold	Maintains	$80 → $105	+11.88%	May 11, 2026
Pradeep Ramani UBS	UBS	Strong Buy Maintains $115 → $130	Strong Buy	Maintains	$115 → $130	+38.52%	May 8, 2026
Atif Malik Citigroup	Citigroup	Strong Buy Maintains $91 → $113	Strong Buy	Maintains	$91 → $113	+20.40%	May 8, 2026
Harlan Sur JP Morgan	JP Morgan	Buy Maintains $95 → $120	Buy	Maintains	$95 → $120	+27.86%	May 8, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

5.83B

Increased by 23.74%

from 4.71B

Revenue Next Year

6.91B

Increased by 18.50%

from 5.83B

EPS This Year

2.74

Increased by 1,144.88%

from 0.22

EPS Next Year

3.82

Increased by 39.50%

from 2.74

Fiscal Year	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027	FY 2028
Period Ending	Mar 31, 2022	Mar 31, 2023	Mar 31, 2024	Mar 31, 2025	Mar 31, 2026	Mar 31, 2027	Mar 31, 2028
Revenue	6.82B	8.44B	7.63B	4.40B	4.71B	5.83B	6.91B
Revenue Growth	25.42%	23.72%	-9.53%	-42.35%	7.08%	23.74%	18.50%
EPS	2.27	4.02	3.48	-0.01	0.22	2.74	3.82
EPS Growth	249.23%	77.09%	-13.43%	-	-	1,144.88%	39.50%
Forward PE	-	-	-	-	-	34.29	24.58
No. Analysts	-	-	-	-	-	28	22

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

Revenue Forecast

Revenue	2027	2028	2029	2030
High	6.3B	8.3B
Avg	5.8B	6.9B
Low	5.4B	5.9B

Revenue Growth

Revenue Growth	2027	2028	2029	2030
High	33.3%	43.1%
Avg	23.7%	18.5%
Low	13.6%	1.5%

EPS Forecast

EPS	2027	2028	2029	2030
High	3.27	4.82
Avg	2.74	3.82
Low	2.35	2.88

EPS Growth

EPS Growth	2027	2028	2029	2030
High	1,385.4%	76.1%
Avg	1,144.9%	39.5%
Low	969.9%	5.3%

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 sources.