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NASDAQ: MCHP
Microchip Technology Inc Stock Forecast, Predictions & Price Target

Analyst price target for MCHP

Based on 16 analysts offering 12 month price targets for Microchip Technology Inc.
Min Forecast
$85.00-9.89%
Avg Forecast
$100.56+6.61%
Max Forecast
$115.00+21.91%

Should I buy or sell MCHP stock?

Based on 16 analysts offering ratings for Microchip Technology Inc.
Strong Buy
Strong Buy
9 analysts 56.25%
Buy
3 analysts 18.75%
Hold
4 analysts 25%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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MCHP stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-05-13Find Out Why
lockedlocked$00.00+00.00%2024-05-07Find Out Why
lockedlocked$00.00+00.00%2024-05-07Find Out Why
lockedlocked$00.00+00.00%2024-05-07
lockedlocked$00.00+00.00%2024-05-07Find Out Why
UBS
Top 31%
70
Strong BuyMaintains$103.00+9.19%2024-05-07
Goldman Sachs
Top 2%
99
HoldMaintains$88.00-6.71%2024-05-07
Piper Sandler
Top 1%
100
HoldReiterates$90.00-4.59%2024-05-07
Truist Securities
Top 1%
100
Strong BuyMaintains$96.00+1.77%2024-05-07Find out why
Susquehanna
Top 1%
100
Strong BuyMaintains$105.00+11.31%2024-05-07

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Forecast return on equity

Is MCHP forecast to generate an efficient return?
Company
N/A
Industry
0.24%
Market
34.27%

Forecast return on assets

Is MCHP forecast to generate an efficient return on assets?
Company
N/A
Industry
0.13%

MCHP revenue forecast

What is MCHP's revenue in the next 3 years based on estimates from 9 analysts?
Avg 1 year Forecast
$5.5B-35.74%
Avg 2 year Forecast
$6.8B-20.16%
Avg 3 year Forecast
$8.7B+2.35%
MCHP's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

MCHP earnings growth forecast

How is MCHP forecast to perform vs Semiconductors companies and vs the US market?
Company
16.26%
Industry
20.97%
Market
18.21%
MCHP's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
MCHP's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
MCHP's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

MCHP revenue growth forecast

How is MCHP forecast to perform vs Semiconductors companies and vs the US market?
Company
-0.59%
Industry
24.58%
Market
9.95%
MCHP's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
MCHP's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

MCHP vs Semiconductor Stocks

TickerPricePrice TargetUp/downsideConsensus
MCHP$94.33$100.56+6.61%Strong Buy
MRVL$71.92$87.74+22.00%Strong Buy
STM$41.64$55.00+32.08%Strong Buy
MPWR$730.05$760.57+4.18%Strong Buy
NXPI$267.72$281.33+5.08%Buy

Microchip Technology Stock Forecast FAQ

Is Microchip Technology Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 16 Wall Street analysts covering (NASDAQ: MCHP) stock is to Strong Buy MCHP stock.

Out of 16 analysts, 9 (56.25%) are recommending MCHP as a Strong Buy, 3 (18.75%) are recommending MCHP as a Buy, 4 (25%) are recommending MCHP as a Hold, 0 (0%) are recommending MCHP as a Sell, and 0 (0%) are recommending MCHP as a Strong Sell.

If you're new to stock investing, here's how to buy Microchip Technology stock.

What is MCHP's revenue growth forecast for 2025-2027?

(NASDAQ: MCHP) Microchip Technology's forecast annual revenue growth rate of -0.59% is not forecast to beat the US Semiconductors industry's average forecast revenue growth rate of 24.58%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 9.95%.

Microchip Technology's revenue in 2024 is $8,541,300,000.On average, 9 Wall Street analysts forecast MCHP's revenue for 2025 to be $2,966,110,015,032, with the lowest MCHP revenue forecast at $2,826,228,973,270, and the highest MCHP revenue forecast at $3,067,236,594,645. On average, 7 Wall Street analysts forecast MCHP's revenue for 2026 to be $3,684,990,805,527, with the lowest MCHP revenue forecast at $3,445,605,428,775, and the highest MCHP revenue forecast at $4,125,164,890,161.

In 2027, MCHP is forecast to generate $4,724,114,681,194 in revenue, with the lowest revenue forecast at $4,724,114,681,194 and the highest revenue forecast at $4,724,114,681,194.

What is MCHP's forecast return on assets (ROA) for 2025-2027?

(NASDAQ: MCHP) forecast ROA is N/A, which is lower than the forecast US Semiconductors industry average of 0.13%.

What is MCHP's Price Target?

According to 16 Wall Street analysts that have issued a 1 year MCHP price target, the average MCHP price target is $100.56, with the highest MCHP stock price forecast at $115.00 and the lowest MCHP stock price forecast at $85.00.

On average, Wall Street analysts predict that Microchip Technology's share price could reach $100.56 by May 13, 2025. The average Microchip Technology stock price prediction forecasts a potential upside of 6.61% from the current MCHP share price of $94.33.

What is MCHP's forecast return on equity (ROE) for 2025-2027?

(NASDAQ: MCHP) forecast ROE is N/A, which is considered weak.
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