MICROCHIP TECHNOLOGY INC (MCHP) Forecast, Price Target & Analyst Ratings

NASDAQ:MCHPUS5950171042

Current stock price

73.74 USD
+0.19 (+0.26%)
Last:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for MICROCHIP TECHNOLOGY INC (MCHP).

Forecast Snapshot

Consensus Price Target

Price Target
$88.38
+ 19.86% Upside

Next Earnings Forecast

Earnings Estimate
Release Date
May 6, 2026
Period
Q4 / 2026
EPS Estimate
$0.51
Revenue Estimate
1.288B

ChartMill Buy Consensus

Rating
81.88%
Weighted Analyst Rating Score

Price Target Details & History

Consensus Price Target and Range

Mean target
$88.38
Upside
+ 19.86%
From current price of $73.74 to mean target of $88.38, Based on 32 analyst forecasts
Low
$69.69
Median
$91.80
High
$120.75

Price Target Revisions

1 Month
0.08%
3 Months
15.12%

Price Target Summary

32 Wall Street analysts provided a forecast for the next 12 months for MCHP. The average price target is 88.38 USD. This implies a price increase of 19.86% is expected in the next year compared to the current price of 73.74.
The average price target has been revised upward by 15.12% in the past 3 months.

Analyst Ratings & History

Current Analyst Ratings

MCHP Current Analyst RatingMCHP Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 5 10 15

Analyst Ratings History

MCHP Historical Analyst RatingsMCHP Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 10 20 30

Analyst Ratings Consensus

ChartMill Buy Consensus
81.88%
MCHP was analyzed by 32 analysts. The buy percentage consensus is at 82. So analysts seem to be very confident about MCHP.
In the previous month the buy percentage consensus was at a similar level.
MCHP was analyzed by 32 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2026-02-13BarclaysInitiate Equal-Weight
2026-02-11Truist SecuritiesMaintains Hold -> Hold
2026-02-06Cantor FitzgeraldReiterate Overweight -> Overweight
2026-02-06MizuhoMaintains Outperform -> Outperform
2026-02-06NeedhamMaintains Buy -> Buy
2026-02-06RosenblattMaintains Buy -> Buy
2026-02-06Wells FargoMaintains Equal-Weight -> Equal-Weight
2026-02-06Truist SecuritiesMaintains Hold -> Hold
2026-02-06JP MorganMaintains Overweight -> Overweight
2026-02-06CitigroupMaintains Buy -> Buy
2026-02-02Cantor FitzgeraldMaintains Overweight -> Overweight
2026-01-26UBSMaintains Buy -> Buy
2026-01-22SusquehannaMaintains Positive -> Positive
2026-01-21B of A SecuritiesMaintains Neutral -> Neutral
2026-01-15Piper SandlerMaintains Overweight -> Overweight
2026-01-15CitigroupMaintains Buy -> Buy
2026-01-12B. Riley SecuritiesMaintains Buy -> Buy
2026-01-09MizuhoMaintains Outperform -> Outperform
2026-01-07Wells FargoMaintains Equal-Weight -> Equal-Weight
2026-01-06NeedhamMaintains Buy -> Buy
2026-01-06RosenblattMaintains Buy -> Buy
2026-01-06StifelMaintains Buy -> Buy
2026-01-06JP MorganMaintains Overweight -> Overweight
2026-01-06Morgan StanleyMaintains Equal-Weight -> Equal-Weight
2025-12-16Cantor FitzgeraldUpgrade Neutral -> Overweight

Next Earnings Forecast Details

Next Earnings Details

Release Date
May 6, 2026
Period
Q4 / 2026
EPS Estimate
$0.51
Revenue Estimate
1.288B
Revenue Q2Q
32.72%
EPS Q2Q
367.67%
Number of Analysts
23

Next Earnings Revisions

Revenue (1 Month)
0.00%
Revenue (3 Months)
4.38%
EPS (1 Month)
0.04%
EPS (3 Months)
10.44%

Next Earnings Summary

MCHP is expected to report earnings on 5/6/2026. The consensus EPS estimate for the next earnings is 0.51 USD and the consensus revenue estimate is 1.29B USD.
The next earnings revenue estimate has been revised upward by 4.38% in the past 3 months.

Full Analyst Estimates 2026 - 2030

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2023 2024 2025 2026 2027 2028 2029 2030
Revenue
YoY % growth
MCHP revenue by date.MCHP revenue by date.
8.439B
23.72%
7.634B
-9.53%
4.402B
-42.35%
4.758B
8.10%
5.826B
22.45%
6.897B
18.38%
7.485B
8.53%
8.572B
14.52%
EBITDA
YoY % growth
MCHP ebitda by date.MCHP ebitda by date.
4.11B
35.99%
3.438B
-16.35%
1.126B
-67.26%
1.757B
56.09%
2.488B
41.61%
3.159B
26.97%
2.751B
-12.92%
3.337B
21.30%
EBIT
YoY % growth
MCHP ebit by date.MCHP ebit by date.
3.112B
65.61%
2.559B
-17.78%
375.5M
-85.32%
1.219B
224.63%
1.956B
60.46%
2.653B
35.63%
2.704B
1.92%
N/A
Operating Margin
MCHP operating margin by date.MCHP operating margin by date.
36.88%33.52%8.53%25.62%33.57%38.47%36.13%N/A
EPS
YoY % growth
MCHP eps by date.MCHP eps by date.
6.03
30.80%
4.91
-18.57%
1.30
-73.52%
1.60
23.17%
2.73
70.52%
3.80
39.32%
4.21
10.61%
5.23
24.36%

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q4 / 26 Q1 / 27 Q2 / 27 Q3 / 27 Q4 / 27 Q1 / 28 Q2 / 28 Q3 / 28 Q4 / 28
EPS
Q2Q % growth
0.51
367.67%
0.60
121.06%
0.68
93.28%
0.70
58.95%
0.76
47.40%
0.87
45.64%
0.96
41.55%
0.97
38.70%
1.02
34.66%
Revenue
Q2Q % growth
1.288B
32.72%
1.369B
27.29%
1.447B
26.89%
1.472B
24.11%
1.532B
18.94%
1.627B
18.85%
1.713B
18.38%
1.714B
16.44%
1.775B
15.86%
EBITDA
Q2Q % growth
511.49M
-29.10%
579.35M
157.03%
637.58M
45.23%
657.42M
-2.18%
686.87M
34.29%
720.87M
24.43%
777.16M
21.89%
773.83M
17.71%
802.4M
16.82%
EBIT
Q2Q % growth
376.85M
1,413.07%
428.85M
689.78%
480.35M
404.57%
500.76M
219.97%
540.27M
43.36%
601.17M
40.18%
656.32M
36.63%
661.91M
32.18%
690.94M
27.89%

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

MCHP Yearly Revenue VS EstimatesMCHP Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2B 4B 6B 8B
MCHP Yearly EPS VS EstimatesMCHP Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2 4 6

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
43.03%
EPS Next 5 Year
32.12%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
15.43%
Revenue Next 5 Year
13.84%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
42.57%
EBIT Next 5 Year
25.08%

MICROCHIP TECHNOLOGY INC / MCHP Forecast FAQ

Can you provide the average price target for MICROCHIP TECHNOLOGY INC stock?

32 analysts have analysed MCHP and the average price target is 88.38 USD. This implies a price increase of 19.86% is expected in the next year compared to the current price of 73.74.

What is the next earnings date for MCHP stock?

MICROCHIP TECHNOLOGY INC (MCHP) will report earnings on 2026-05-06, after the market close.

What are the consensus estimates for MCHP stock next earnings?

The consensus EPS estimate for the next earnings of MICROCHIP TECHNOLOGY INC (MCHP) is 0.51 USD and the consensus revenue estimate is 1.29B USD.

How do analysts rate MICROCHIP TECHNOLOGY INC (MCHP)?

The consensus rating for MICROCHIP TECHNOLOGY INC (MCHP) is 81.875 / 100 . This indicates that analysts generally have a positive outlook on the stock.