MCHP - Microchip Technology - Stock Forecast

Technology - Sector

Coverage Profile Stock analysts Price Targets & Ratings Chart Insider Trading

MCHP is currently covered by 27 analysts with an average price target of $52.45. This is a potential upside of $13.74 (35.49%) from yesterday's end of day stock price of $38.71.

Microchip Technology's activity chart (see below) currently has 463 price targets and 453 ratings on display. The stock rating distribution of MCHP is 77.61% BUY, 20.9% HOLD and 1.49% SELL.

Stock Analyst Price Targets - Review

Analysts average stock forecasts to be materialized ratio is 73.53% with an average time for these price targets to be met of 336.7 days.

Highest price target for MCHP is $105, Lowest price target is $58, average price target is $79.04.

Most recent stock forecast was given by MARK LIPACIS from EVERCORE on 04-Mar-2025. First documented stock forecast 12-Jul-2011.

Split History since 2000:

10/13/21 2 for 1

5/9/02 3 for 2

9/27/00 3 for 2

2/8/00 3 for 2

Overview

Microchip Technology is a developer, manufacturer, and seller of smart, connected, and secure embedded control solutions.

Products

The company’s product portfolio includes general-purpose 8-bit, 16-bit, and 32-bit microcontrollers, 32-bit embedded microprocessors, and specialized microcontrollers for various applications.

Microchip also provides development tools that enable system designers to program microcontroller and microprocessor products for specific applications. These tools are essential in developing and customizing products according to the needs of the end-users.

In addition, Microchip offers field-programmable gate array (FPGA) products, which are programmable logic devices that allow customers to design custom logic circuits, and analog, interface, mixed signal, and timing products that include power management, linear, mixed-signal, high-voltage, thermal management, discrete diodes and metal oxide semiconductor field-effect transistors (MOSFETS), radio frequency (RF), drivers, safety, security, timing, USB, Ethernet, wireless, and other interface products.

The company’s memory products include serial electrically erasable programmable read-only memory, serial flash memories, parallel flash memories, serial static random access memories, and serial electrically erasable random access memories. These products are critical in the production of very small footprint devices, such as mobile phones, smartwatches, and other wearable devices.

Moreover, Microchip licenses its SuperFlash embedded flash and NVM technologies to foundries, integrated device manufacturers, and design partners. The company provides engineering services, wafer foundry and assembly, and test subcontracting manufacturing services. It also offers timing systems products, application-specific integrated circuits, and aerospace products.

In the computing and communications industry, Microchip’s products play a role in enhancing the security and connectivity of devices. The company’s memory products, FPGA products, and analog and mixed-signal products are essential components of electronic devices, such as smartphones, laptops, and routers.

History

Microchip Technology Incorporated has been headquartered in Chandler, Arizona since its incorporation in 1989. The company was founded in 1984, but it was initially based in Silicon Valley, California. In 1989, Microchip moved its headquarters to Chandler, Arizona, where it remains today.