Microchip Technology Incorporated (MCHP)
NASDAQ: MCHP · Real-Time Price · USD
73.50
-0.71 (-0.96%)
At close: Aug 25, 2026, 4:00 PM EDT
73.61
+0.11 (0.15%)
After-hours: Aug 25, 2026, 7:56 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 $108.64. The average 1-year stock price forecast is 47.81% higher than the current stock price, while the lowest is $80 (+8.84%) and the highest is $135 (+83.67%).

Price Target: $108.64 (+47.81%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$80$108.64$108$135
Change+8.84%+47.81%+46.94%+83.67%

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

Chart
RatingMar '26Apr '26May '26Jun '26Jul '26Aug '26
Strong Buy171717171718
Buy233222
Hold655666
Sell011000
Strong Sell000000
Total252626252526

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Unknown Analyst
BMO Capital
No rating
BMO Capital
Buy
Initiates
$95
BuyInitiates$95+29.25%Aug 20, 2026
Truist Financial
Truist Financial
Hold
Maintains
$90
HoldMaintains$90+22.45%Aug 11, 2026
Citi
Citi
Buy
Maintains
$113$95
BuyMaintains$113$95+29.25%Aug 10, 2026
Rosenblatt Securities
Rosenblatt Securities
Buy
Maintains
$120
BuyMaintains$120+63.27%Aug 7, 2026
Susquehanna
Susquehanna
Buy
Reiterates
$120
BuyReiterates$120+63.27%Aug 7, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
6.40B
from 4.71B
Increased by 35.71%
Revenue Next Year
7.42B
from 6.40B
Increased by 16.03%
EPS This Year
3.65
from 1.64
Increased by 122.37%
EPS Next Year
4.57
from 3.65
Increased by 25.18%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingMar 31, 2022Mar 31, 2023Mar 31, 2024Mar 31, 2025Mar 31, 2026Mar 31, 2027
Revenue
6.82B8.44B7.63B4.40B4.71B6.40B
Revenue Growth
25.42%23.72%-9.53%-42.35%7.08%35.71%
Gross Profit
4.45B5.70B5.00B2.47B2.72B4.21B
Gross Margin
65.23%67.52%65.44%56.07%57.73%65.80%
Operating Income
1.88B3.11B2.56B375.50M529.80M2.44B
Net Income
1.29B2.24B1.91B-500.00K230.00M1.18B
EPS
----1.643.65
EPS Growth
----25.19%122.37%
Forward PE
14.6213.2633.3854.2226.5520.15
Dividend / Share
0.911.261.681.821.821.87
Dividend Growth
21.82%38.79%33.18%7.97%0.22%2.98%
Free Cash Flow
2.10B2.14B2.23B1.06B1.14B1.90B
No. Analysts
-----23
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202720282029
High6.5B
Avg6.4B
Low6.3B

Revenue Growth

Revenue Growth202720282029
High
38.0%
Avg
35.7%
Low
32.9%

EPS Forecast

EPS202720282029
High3.78
Avg3.65
Low3.50

EPS Growth

EPS Growth202720282029
High
130.5%
Avg
122.4%
Low
113.4%