Microchip Technology (MCHP) Expected to Release Earnings on Thursday

Key Points

• Microchip Technology is expected to report fiscal Q2 2027 results after market close on November 5, 2026, with analysts forecasting $0.936 in EPS and $1.61 billion in revenue. The company’s guidance calls for EPS between $0.910 and $0.950.
• The company exceeded expectations in its latest quarter, reporting $0.76 EPS versus the $0.70 consensus and $1.48 billion in revenue; year-over-year revenue increased 38%.
• Analysts maintain a generally positive view, with a “Moderate Buy” consensus and an average price target of $97.71, although several firms recently lowered their targets. Shares recently traded at $79.63, while the company pays a $1.82 annualized dividend yielding about 2.3%.

Microchip Technology (NASDAQ:MCHP - Get Free Report) is anticipated to release its Q2 2027 results after the market closes on Thursday, November 5th. Analysts expect Microchip Technology to announce earnings of $0.9360 per share and revenue of $1.61 billion for the quarter. Microchip Technology has set its Q2 2027 guidance at 0.910-0.950 EPS. Interested persons can find conference call details on the company's upcoming Q2 2027 earnings summary page for the latest details on the call scheduled for Thursday, November 5, 2026 at 5:00 PM ET.

Microchip Technology (NASDAQ:MCHP - Get Free Report) last posted its quarterly earnings results on Thursday, August 6th. The semiconductor company reported $0.76 earnings per share for the quarter, beating analysts' consensus estimates of $0.70 by $0.06. The company had revenue of $1.48 billion for the quarter, compared to the consensus estimate of $1.46 billion. Microchip Technology had a return on equity of 14.97% and a net margin of 9.34%. The firm's quarterly revenue was up 38.0% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.27 EPS. On average, analysts expect Microchip Technology to post $3.20 EPS for the current fiscal year and $4.09 EPS for the next fiscal year.

Microchip Technology Price Performance

Microchip Technology stock opened at $79.63 on Thursday. The company has a current ratio of 1.92, a quick ratio of 1.11 and a debt-to-equity ratio of 0.83. The firm has a market capitalization of $43.24 billion, a P/E ratio of 118.85, a PEG ratio of 0.51 and a beta of 1.77. The business has a 50-day moving average of $75.15 and a 200-day moving average of $79.45. Microchip Technology has a 1 year low of $48.52 and a 1 year high of $105.91.

Microchip Technology Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 9th. Investors of record on Monday, August 24th were paid a dividend of $0.4550 per share. The ex-dividend date of this dividend was Monday, August 24th. This represents a $1.82 annualized dividend and a yield of 2.3%. Microchip Technology's dividend payout ratio (DPR) is presently 271.64%.

Insider Transactions at Microchip Technology

In related news, CFO James Bjornholt sold 4,112 shares of the stock in a transaction that occurred on Tuesday, August 25th. The stock was sold at an average price of $75.32, for a total transaction of $309,715.84. Following the completion of the sale, the chief financial officer directly owned 28,573 shares of the company's stock, valued at approximately $2,152,118.36. This represents a 12.58% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 1.79% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on MCHP shares. B. Riley Financial decreased their price objective on shares of Microchip Technology from $108.00 to $98.00 and set a "buy" rating for the company in a report on Thursday, October 22nd. Cantor Fitzgerald reiterated an "overweight" rating on shares of Microchip Technology in a report on Wednesday, September 9th. Truist Financial reduced their price target on shares of Microchip Technology from $105.00 to $90.00 and set a "hold" rating on the stock in a research report on Friday, August 7th. Weiss Ratings raised shares of Microchip Technology from a "hold (c-)" rating to a "hold (c)" rating in a report on Tuesday, August 11th. Finally, BMO Capital Markets began coverage on shares of Microchip Technology in a research report on Friday, August 21st. They issued an "outperform" rating and a $95.00 price objective for the company. Three analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $97.71.

About Microchip Technology

Microchip Technology Incorporated NASDAQ: MCHP develops and manufactures semiconductor products used in embedded control and connected electronic systems. Its portfolio includes microcontrollers, microprocessors, analog and power-management devices, memory products, timing and connectivity components, security solutions, and field-programmable gate arrays. The company also provides development tools, software, evaluation kits, and technical support to help customers design and produce electronic equipment.

Microchip's products are used across a range of markets, including automotive, industrial, aerospace and defense, communications, consumer electronics, data centers, and medical applications.

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