Microchip Technology (MCHP) Stock Price, News & Analysis

Company Overview

Microchip Technology is a semiconductor company that develops and supplies components and systems for embedded control and connected applications. Its products include microcontrollers, microprocessors, analog and power-management devices, field-programmable gate arrays, timing products, and connectivity and security solutions.

The company’s products are used in a range of markets, including automotive, industrial, communications, data center, consumer, and aerospace and defense. Microchip also provides development tools, software, and technical support to help customers design and build electronic systems.

Founded in 1989, Microchip is headquartered in Chandler, Arizona, and serves customers around the world.

Key Stats

• Today's Range: $60.14 to $62.90
• 50-Day Range: $58.35 to $81.49
• 52-Week Range: $48.52 to $105.91
• Volume: 8.40 million shs
• Average Volume: 10.64 million shs
• Market Capitalization: $33.79 billion
• P/E Ratio: 47.03
• Dividend Yield: 2.93%
• Price Target: $90.18
• Consensus Rating: Moderate Buy

Microchip Technology Stock Analysis - MarketRank™

Microchip Technology scored higher than 97% of companies evaluated by MarketBeat, and ranked 33rd out of 597 stocks in the technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Microchip Technology has received a consensus rating of Moderate Buy. The company's average rating score is 2.83, and is based on 3 strong buy ratings, 14 buy ratings, 7 hold ratings, and no sell ratings.

Upside Potential

Microchip Technology has a consensus price target of $90.18, representing about 45.3% upside from its current price of $62.08.

Amount of Analyst Coverage

Microchip Technology has been the subject of 17 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 27.59%

Earnings Growth

Earnings for Microchip Technology are expected to grow by 27.59% in the coming year, from $3.19 to $4.07 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Microchip Technology is 47.03, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 26.55.

Price to Earnings Ratio vs. Sector

The P/E ratio of Microchip Technology is 47.03, which means that it is trading at a more expensive P/E ratio than the Technology sector average P/E ratio of about 45.35.

Price to Earnings Growth Ratio

Microchip Technology has a PEG Ratio of 0.43. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

Microchip Technology has a P/B Ratio of 5.09. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

6.86% of the float of Microchip Technology has been sold short.

Short Interest Ratio / Days to Cover

Microchip Technology has a short interest ratio ("days to cover") of 3.17, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Microchip Technology has recently increased by 17.04%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Yield

Microchip Technology pays a meaningful dividend of 2.96%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Microchip Technology has been increasing its dividend for 23 years.

Dividend Coverage

The dividend payout ratio of Microchip Technology is 137.88%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on earnings estimates, Microchip Technology will have a dividend payout ratio of 44.72% next year. This indicates that Microchip Technology will be able to sustain or increase its dividend.

News and Social Media

• Score: 2.6 / 5
• News Sentiment: 0.21

News Sentiment

Microchip Technology has a news sentiment score of 0.21. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.63 average news sentiment score of Technology companies.

News Coverage This Week

MarketBeat has tracked 69 news articles for Microchip Technology this week, compared to 10 articles on an average week.

Search Interest

Only 22 people have searched for MCHP on MarketBeat in the last 30 days. This is a decrease of -15% compared to the previous 30 days.

MarketBeat Follows

11 people have added Microchip Technology to their MarketBeat watchlist in the last 30 days. This is an increase of 175% compared to the previous 30 days.

Company Ownership

• Score: 1.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Microchip Technology insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $376,893.00 in company stock.

Percentage Held by Insiders

1.79% of the stock of Microchip Technology is held by insiders.

Percentage Held by Institutions

91.51% of the stock of Microchip Technology is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Record date for 9/9 Dividend: 8/24/2026
• Ex-Dividend for 9/9 Dividend: 8/24/2026
• Dividend Payable: 9/09/2026
• Last Earnings: 11/05/2026
• Today: 11/12/2026
• Record date for 12/8 Dividend: 11/23/2026
• Ex-Dividend for 12/8 Dividend: 11/23/2026
• Dividend Payable: 12/08/2026
• Fiscal Year End: 3/31/2027

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Technology
• Industry: Semiconductors & Semiconductor Equipment
• Sub-Industry: Semiconductors
• Current Symbol: NASDAQ:MCHP
• CIK: 827054
• Web: www.microchip.com
• Phone: (480) 792-7200
• Fax: 480-899-9210
• Employees: 17,900
• Year Founded: 1989

Price Target and Rating

• Average Price Target for Microchip Technology: $90.18
• High Price Target: $120.00
• Low Price Target: $62.00
• Potential Upside/Downside: +45.3%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.83
• Research Coverage: 24 Analysts

Profitability

• EPS (Trailing Twelve Months): $1.32
• Trailing P/E Ratio: 47.03
• Forward P/E Ratio: 15.25
• P/E Growth: 0.43
• Net Income: $230 million
• Net Margins: 14.96%
• Pretax Margin: 17.22%
• Return on Equity: 20.32%
• Return on Assets: 9.18%

Debt

• Debt-to-Equity Ratio: 0.83
• Current Ratio: 2.24
• Quick Ratio: 1.33

Sales & Book Value

• Annual Sales: $5.60 billion
• Price / Sales: 6.03
• Cash Flow: $2.69 per share
• Price / Cash Flow: 23.06
• Book Value: $12.20 per share
• Price / Book: 5.09

Miscellaneous

• Outstanding Shares: 544,224,000
• Free Float: 534,482,000
• Market Cap: $33.79 billion
• Optionable: Optionable
• Beta: 1.84