B. Riley Lowers Earnings Estimates for Microchip Technology

Microchip Technology Incorporated (NASDAQ:MCHP - Free Report) - Analysts at B. Riley dropped their Q3 2025 EPS estimates for Microchip Technology in a report issued on Friday, January 24th. B. Riley analyst C. Ellis now forecasts that the semiconductor company will post earnings per share of $0.19 for the quarter, down from their prior estimate of $0.23. B. Riley currently has a "Buy" rating and a $85.00 target price on the stock. The consensus estimate for Microchip Technology's current full-year earnings is $1.31 per share. B. Riley also issued estimates for Microchip Technology's Q4 2025 earnings at $0.22 EPS, FY2025 earnings at $1.27 EPS, Q1 2026 earnings at $0.33 EPS, Q2 2026 earnings at $0.43 EPS, Q3 2026 earnings at $0.47 EPS, Q4 2026 earnings at $0.54 EPS and FY2026 earnings at $1.76 EPS.

Microchip Technology (NASDAQ:MCHP - Get Free Report) last released its quarterly earnings results on Tuesday, November 5th. The semiconductor company reported $0.46 EPS for the quarter, beating analysts' consensus estimates of $0.43 by $0.03. Microchip Technology had a return on equity of 19.47% and a net margin of 14.22%. The company had revenue of $1.16 billion during the quarter, compared to analysts' expectations of $1.15 billion. During the same period last year, the business posted $1.54 earnings per share. The firm's revenue was down 48.4% compared to the same quarter last year.

MCHP has been the topic of a number of other reports. Bank of America lowered Microchip Technology from a "neutral" rating to an "underperform" rating and cut their price objective for the company from $80.00 to $65.00 in a report on Monday, December 16th. The Goldman Sachs Group decreased their price objective on shares of Microchip Technology from $72.00 to $63.00 and set a "neutral" rating for the company in a research note on Friday, January 10th. Mizuho decreased their target price on shares of Microchip Technology from $85.00 to $72.00 and set an "outperform" rating for the company in a research report on Friday, January 10th. Citigroup cut their price target on Microchip Technology from $92.00 to $82.00 and set a "buy" rating on the stock in a research report on Wednesday, November 6th. Finally, TD Cowen decreased their price objective on Microchip Technology from $80.00 to $70.00 and set a "hold" rating for the company in a report on Wednesday, November 6th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and thirteen have assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $84.00.

Microchip Technology Stock Performance

Microchip Technology stock traded down $0.93 during mid-day trading on Monday, reaching $54.23. 4,537,026 shares of the company traded hands, compared to its average volume of 7,894,788. The firm's fifty day moving average is $59.54 and its two-hundred day moving average is $71.60. The company has a market capitalization of $29.12 billion, a price-to-earnings ratio of 37.92 and a beta of 1.52. Microchip Technology has a fifty-two week low of $54.08 and a fifty-two week high of $100.57. The company has a debt-to-equity ratio of 0.71, a current ratio of 0.88 and a quick ratio of 0.48.

Institutional Trading of Microchip Technology

Hedge funds and other institutional investors have recently modified their holdings of the stock. Prospera Private Wealth LLC purchased a new stake in Microchip Technology in the third quarter valued at $29,000. Peterson Financial Group Inc. acquired a new stake in shares of Microchip Technology during the 3rd quarter worth about $34,000. Truvestments Capital LLC purchased a new stake in Microchip Technology in the 3rd quarter valued at about $34,000. Financial Life Planners acquired a new position in Microchip Technology in the fourth quarter valued at about $32,000. Finally, Wolff Wiese Magana LLC boosted its stake in Microchip Technology by 55.2% during the third quarter. Wolff Wiese Magana LLC now owns 613 shares of the semiconductor company's stock worth $49,000 after buying an additional 218 shares during the period. 91.51% of the stock is owned by institutional investors and hedge funds.

Microchip Technology Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 6th. Shareholders of record on Friday, November 22nd were issued a $0.455 dividend. This is an increase from Microchip Technology's previous quarterly dividend of $0.45. The ex-dividend date was Friday, November 22nd. This represents a $1.82 dividend on an annualized basis and a yield of 3.36%. Microchip Technology's dividend payout ratio is presently 127.27%.

About Microchip Technology

Microchip Technology Incorporated engages in the development, manufacture, and sale of smart, connected, and secure embedded control solutions in the Americas, Europe, and Asia. The company offers general purpose 8-bit, 16-bit, and 32-bit mixed-signal microcontrollers; 32-bit embedded mixed-signal microprocessors; and specialized microcontrollers for automotive, industrial, computing, communications, lighting, power supplies, motor control, human machine interface, security, wired connectivity, and wireless connectivity applications.