Microchip Technology Incorporated (MCHP)
NASDAQ: MCHP · Real-Time Price · USD
96.30
-0.25 (-0.26%)
At close: Jun 4, 2026, 4:00 PM EDT
95.10
-1.20 (-1.25%)
After-hours: Jun 4, 2026, 7:59 PM EDT
Microchip Technology Stock Forecast
Stock Price Forecast
According to 26 analysts polled by S&P Global, Microchip Technology stock has a consensus rating of "Buy" and an average price target of $113.24. The average 1-year stock price forecast is 17.59% higher than the current stock price, while the lowest is $75 (-22.12%) and the highest is $135 (+40.19%).
Price Target: $113.24 (+17.59%)
Analyst Consensus: Buy
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 | 16 | 17 | 17 | 17 | 17 | 17 |
| Buy | 3 | 4 | 3 | 2 | 3 | 3 |
| Hold | 7 | 4 | 6 | 6 | 5 | 5 |
| Sell | 0 | 1 | 0 | 0 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 26 | 26 | 26 | 25 | 26 | 26 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wells Fargo | Wells Fargo | Hold Reiterates $95 | Hold | Reiterates | $95 | -1.35% | May 22, 2026 |
| Bank of America Securities | Bank of America Securities | Buy Reiterates $112 → $122 | Buy | Reiterates | $112 → $122 | +26.69% | May 11, 2026 |
| Barclays | Barclays | Hold Reiterates $80 → $105 | Hold | Reiterates | $80 → $105 | +9.03% | May 11, 2026 |
| Evercore ISI | Evercore ISI | Buy Maintains $93 → $117 | Buy | Maintains | $93 → $117 | +21.50% | May 8, 2026 |
| Goldman Sachs | Goldman Sachs | Buy Maintains $88 → $115 | Buy | Maintains | $88 → $115 | +19.42% | May 8, 2026 |
Financial Forecast
Revenue This Year
6.29B
from 4.71B
Increased by 33.54%
Revenue Next Year
7.24B
from 6.29B
Increased by 14.95%
EPS This Year
3.17
from 0.22
Increased by 1,343.71%
EPS Next Year
4.16
from 3.17
Increased by 31.18%
Revenue Forecast
| Revenue | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|
| High | 6.8B | 8.6B | ||
| Avg | 6.3B | 7.2B | ||
| Low | 5.8B | 6.3B |
Revenue Growth
| Revenue Growth | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|
| High | 44.8% | 36.7% | ||
| Avg | 33.5% | 15.0% | ||
| Low | 23.7% | -0.4% |
EPS Forecast
| EPS | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|
| High | 3.78 | 5.69 | ||
| Avg | 3.17 | 4.16 | ||
| Low | 2.53 | 3.42 |
EPS Growth
| EPS Growth | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|
| High | 1,619.5% | 79.3% | ||
| Avg | 1,343.7% | 31.2% | ||
| Low | 1,050.1% | 7.8% |
Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by TipRanks. Financial forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data sources.