Microchip Technology Incorporated (MCHP)
NASDAQ: MCHP · Real-Time Price · USD
86.26
-0.85 (-0.98%)
At close: Jul 15, 2026, 4:00 PM EDT
85.04
-1.22 (-1.41%)
Pre-market: Jul 16, 2026, 5:58 AM EDT
Microchip Technology Stock Forecast
Stock Price Forecast
According to 25 analysts polled by S&P Global, Microchip Technology stock has a consensus rating of "Buy" and an average price target of $113.38. The average 1-year stock price forecast is 31.44% higher than the current stock price, while the lowest is $80 (-7.26%) and the highest is $135 (+56.50%).
Price Target: $113.38 (+31.44%)
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 | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 | Jul '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 17 | 17 | 17 | 17 | 17 | 17 |
| Buy | 3 | 2 | 3 | 3 | 2 | 2 |
| Hold | 6 | 6 | 5 | 5 | 6 | 6 |
| Sell | 0 | 0 | 1 | 1 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 26 | 25 | 26 | 26 | 25 | 25 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| TD Cowen | TD Cowen | Hold Maintains $105 → $90 | Hold | Maintains | $105 → $90 | +4.34% | Jul 13, 2026 |
| Mizuho Securities | Mizuho Securities | Buy Maintains $112 | Buy | Maintains | $112 | +29.84% | Jun 29, 2026 |
| Wells Fargo | Wells Fargo | Hold Reiterates $110 → $95 | Hold | Reiterates | $110 → $95 | +10.13% | Jun 9, 2026 |
| Evercore ISI | Evercore ISI | Buy Maintains $117 | Buy | Maintains | $117 | +35.64% | Jun 4, 2026 |
| Stifel Nicolaus | Stifel Nicolaus | Buy Maintains $108 | Buy | Maintains | $108 | +25.20% | Jun 3, 2026 |
Financial Forecast
Revenue This Year
6.18B
from 4.71B
Increased by 31.14%
Revenue Next Year
7.14B
from 6.18B
Increased by 15.53%
EPS This Year
3.16
from 1.64
Increased by 92.76%
EPS Next Year
4.13
from 3.16
Increased by 30.67%
EPS and Forward PE are based on non-GAAP adjusted numbers.
Revenue Forecast
| Revenue | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | 6.5B | ||
| Avg | 6.2B | ||
| Low | 5.9B |
Revenue Growth
| Revenue Growth | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | 37.9% | ||
| Avg | 31.1% | ||
| Low | 26.2% |
EPS Forecast
| EPS | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | 3.60 | ||
| Avg | 3.16 | ||
| Low | 2.85 |
EPS Growth
| EPS Growth | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | 119.3% | ||
| Avg | 92.8% | ||
| Low | 73.8% |