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 $113.08. The average 1-year stock price forecast is 42.51% higher than the current stock price, while the lowest is $80 (+0.82%) and the highest is $135 (+70.13%).

Price Target: $113.08 (+42.51%)

Analyst Consensus: Buy

Price Target

Chart

Target	Low	Average	Median	High
Price	$80	$113.08	$118.5	$135
Change	+0.82%	+42.51%	+49.34%	+70.13%

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

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
Matthew Prisco Cantor Fitzgerald	Cantor Fitzgerald	Buy Maintains $125	Buy	Maintains	$125	+57.53%	Aug 3, 2026
Tore Svanberg Stifel Nicolaus	Stifel Nicolaus	Buy Maintains $108	Buy	Maintains	$108	+36.11%	Jul 27, 2026
Joseph Quatrochi Wells Fargo	Wells Fargo	Hold Maintains $95 → $88	Hold	Maintains	$95 → $88	+10.90%	Jul 20, 2026
Joshua Buchalter TD Cowen	TD Cowen	Hold Maintains $105 → $90	Hold	Maintains	$105 → $90	+13.42%	Jul 13, 2026
Vijay Rakesh Mizuho Securities	Mizuho Securities	Buy Maintains $112	Buy	Maintains	$112	+41.15%	Jun 29, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

6.21B

from 4.71B

31.73%

from 4.71B

Revenue Next Year

7.20B

from 6.21B

16.02%

from 6.21B

EPS This Year

3.19

from 1.64

94.46%

from 1.64

EPS Next Year

4.20

from 3.19

31.74%

from 3.19

Fiscal Year	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Mar 31, 2022	Mar 31, 2023	Mar 31, 2024	Mar 31, 2025	Mar 31, 2026	Mar 31, 2027
Revenue	6.82B	8.44B	7.63B	4.40B	4.71B	6.21B
Revenue Growth	25.42%	23.72%	-9.53%	-42.35%	7.08%	31.73%
Gross Profit	4.45B	5.70B	5.00B	2.47B	2.72B	3.92B
Gross Margin	65.23%	67.52%	65.44%	56.07%	57.73%	63.18%
Operating Income	1.88B	3.11B	2.56B	375.50M	529.80M	2.21B
Net Income	1.29B	2.24B	1.91B	-500.00K	230.00M	1.01B
EPS	-	-	-	-	1.64	3.19
EPS Growth	-	-	-	-	25.19%	94.46%
Forward PE	14.62	13.26	33.38	54.22	26.55	24.88
Dividend / Share	0.91	1.26	1.68	1.82	1.82	1.88
Dividend Growth	-	38.79%	33.17%	7.97%	0.22%	3.42%
Free Cash Flow	2.10B	2.14B	2.23B	1.06B	1.14B	1.78B
No. Analysts	-	-	-	-	-	22

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Chart

Revenue	2027	2028	2029
High	6.6B
Avg	6.2B
Low	5.9B

Revenue Growth

Chart

Revenue Growth	2027	2028	2029
High	39.5%
Avg	31.7%
Low	26.2%

EPS Forecast

Chart

EPS	2027	2028	2029
High	3.62
Avg	3.19
Low	2.85

EPS Growth

Chart

EPS Growth	2027	2028	2029
High	120.7%
Avg	94.5%
Low	73.8%