Microchip Technology (MCHP) Stock Forecast & Price Target

$73.27 +2.45 (+3.46%)

Closing price 09/18/2026 04:00 PM Eastern

Extended Trading

$73.22 -0.05 (-0.08%)

As of 09/18/2026 07:58 PM Eastern

Compare

Microchip Technology - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Moderate Buy

Based on 24 Analyst Ratings

Sell
0

Hold
8

Buy
16

Based on 24 Wall Street analysts who have issued ratings for Microchip Technology in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 24 analysts, 8 have given a hold rating, 13 have given a buy rating, and 3 have given a strong buy rating for MCHP.

Consensus Price Target

$98.67
34.66% Upside

According to the 24 analysts' twelve-month price targets for Microchip Technology, the average price target is $98.67. The highest price target for MCHP is $125.00, while the lowest price target for MCHP is $69.00. The average price target represents a forecasted upside of 34.66% from the current price of $73.27.

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Get the Latest News and Ratings for MCHP and Related Stocks

Enter your email address to receive the latest news and analysts' ratings for Microchip Technology and its competitors.

SMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. By entering your phone number and clicking the sign-up button, you agree to receive periodic text messages from MarketBeat at the phone number you submitted, including texts that may be sent using an automatic telephone dialing system. Message and data rates may apply. Message frequency will vary. Messages will consist of stock alerts, news stories, and partner advertisements/offers. Consent is not a condition of the purchase of any goods or services. Text HELP for help/customer support. Unsubscribe at any time by replying "STOP" to any text message that you receive from MarketBeat or by visiting our mailing preferences page. Read our full terms of service and privacy policy.

MCHP Analyst Ratings Over Time

Type	Current Forecast 9/19/25 to 9/19/26	1 Month Ago 8/20/25 to 8/20/26	3 Months Ago 6/21/25 to 6/21/26	1 Year Ago 9/19/24 to 9/19/25
Strong Buy	3 Strong Buy rating(s)	3 Strong Buy rating(s)	4 Strong Buy rating(s)	1 Strong Buy rating(s)
Buy	13 Buy rating(s)	13 Buy rating(s)	14 Buy rating(s)	13 Buy rating(s)
Hold	8 Hold rating(s)	8 Hold rating(s)	7 Hold rating(s)	7 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$98.67	$98.85	$98.18	$75.75
Forecasted Upside	34.66% Upside	30.39% Upside	-1.59% Downside	16.27% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy

MCHP Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

MCHP Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Microchip Technology Stock vs. The Competition

Type	Microchip Technology	Technology Companies	Broader Market
Consensus Rating Score	2.79	2.23	2.53
Consensus Rating	Moderate Buy	Hold	Moderate Buy
Predicted Upside	34.66% Upside	722.31% Upside	18.44% Upside
News Sentiment Rating	Positive News See Recent MCHP News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export

Date	Brokerage	Analyst	Action	Rating	Price Target	Report Date Upside/Downside
9/9/2026	Cantor Fitzgerald 5 of 5 stars	Matthew Prisco 5 of 5 stars	Reiterated Rating	Overweight
8/21/2026	BMO Capital Markets 3 of 5 stars	Ambrish Srivastava 2 of 5 stars	Initiated Coverage	Outperform	$95.00	+25.31%
8/17/2026	Zacks Research 5 of 5 stars		Downgrade	Strong-Buy ➝ Hold
8/11/2026	Weiss Ratings Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Upgrade	Hold (C-) ➝ Hold (C)
8/7/2026	UBS Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Pradeep Ramani Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Reiterated Rating	Buy	$130.00 ➝ $120.00	+61.38%
8/7/2026	Citigroup Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Atif Malik Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Buy	$113.00 ➝ $95.00	+12.25%
8/7/2026	Truist Financial Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	William Stein Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Hold	$105.00 ➝ $90.00	+9.30%
8/7/2026	Rosenblatt Securities Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Kevin Cassidy Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Reiterated Rating	Buy	$120.00	+61.38%
7/20/2026	Wells Fargo & Company Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Joe Quatrochi Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Equal Weight	$95.00 ➝ $88.00	+8.70%
7/13/2026	TD Cowen Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Joshua Buchalter Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Hold	$105.00 ➝ $90.00	+6.61%
Get the Latest News and Ratings for MCHP and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Microchip Technology and its competitors with MarketBeat's FREE daily newsletter.
5/11/2026	Barclays Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Tom O'Malley Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Equal Weight	$80.00 ➝ $105.00	+5.92%
5/8/2026	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Harlan Sur Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Overweight	$95.00 ➝ $120.00	+22.93%
5/8/2026	Susquehanna Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Christopher Rolland Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Positive	$95.00 ➝ $120.00	+18.13%
5/8/2026	Needham & Company LLC Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Quinn Bolton Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Buy	$84.00 ➝ $120.00	+18.13%
2/9/2026	Argus Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Upgrade	Strong-Buy
2/6/2026	Stifel Nicolaus Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Tore Svanberg Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Set Target		$90.00	+18.32%
2/6/2026	KeyCorp Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	John Vinh Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Reiterated Rating	Overweight	$85.00	+12.29%
2/6/2026	Mizuho Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Vijay Rakesh Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Outperform	$83.00 ➝ $90.00	+15.33%
2/4/2026	Jefferies Financial Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Reiterated Rating	Hold
1/28/2026	Bank of America Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Vivek Arya Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Upgrade	Neutral ➝ Buy	$95.00	+26.40%
1/22/2026	BNP Paribas Exane Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Upgrade	Neutral ➝ Outperform	$90.00	+19.25%
1/15/2026	Piper Sandler Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Harsh Kumar Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Overweight	$80.00 ➝ $85.00	+13.82%
1/12/2026	B. Riley Financial Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Craig Ellis Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Buy	$85.00 ➝ $95.00	+29.10%
1/6/2026	Wolfe Research Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Set Target		$85.00	+26.75%
1/6/2026	Morgan Stanley Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Joseph Moore Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Equal Weight	$68.00 ➝ $69.00	-5.75%
8/8/2025	Raymond James Financial Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Melissa Fairbanks Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Strong-Buy	$65.00 ➝ $75.00	+19.51%
7/10/2025	The Goldman Sachs Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	James Schneider Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Initiated Coverage	Buy	$88.00	+17.84%
6/12/2025	Evercore Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Mark Lipacis Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Outperform	$69.00 ➝ $83.00	+21.20%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 07:05 PM ET.

Should I Buy Microchip Technology Stock? MCHP Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Monday, September 14, 2026. Please send any questions or comments about these Microchip Technology pros and cons to contact@marketbeat.com.

Microchip Technology
Bull Case

Here are some ways that investors could benefit from investing in Microchip Technology Incorporated:

Microchip Technology Incorporated recently reported strong financial results for the quarter ended in August 2026, beating analyst expectations with earnings per share of $0.76 compared to a consensus estimate of $0.70, while revenue of $1.48 billion also exceeded the projected $1.46 billion, signaling robust demand for its embedded control solutions.
The company has set optimistic guidance for the second quarter of 2027, projecting earnings per share between $0.910 and $0.950, which represents a significant increase from the current year average estimate of $3.16 and suggests continued momentum in its business trajectory.
Microchip Technology Incorporated offers a dividend yield of 2.45%, providing income to investors, with a recent quarterly dividend payment of $0.455 per share made in September 2026, which is attractive for those seeking steady cash flow alongside growth potential.
Wall Street analysts maintain a consensus rating of Moderate Buy with an average price target of $98.67, which is significantly higher than the current stock price of $71.48, indicating that many experts believe the stock is undervalued and has substantial room for appreciation.
Institutional investors are showing renewed interest in the company, with notable increases in holdings by major funds such as California State Teachers Retirement System and Engineers Gate Manager LP in the second quarter of 2026, suggesting confidence in the company's long-term stability and growth prospects.

Microchip Technology
Bear Case

Investors should be bearish about investing in Microchip Technology Incorporated for these reasons:

The current stock price of $71.48 is below the 50-day moving average of $78.36 and the 200-day moving average of $81.05, indicating that the stock is trading in a downtrend and may face further downward pressure in the near term.
Microchip Technology Incorporated has a high price-to-earnings ratio of 106.69, which suggests that the stock is expensive relative to its current earnings, potentially limiting upside potential if earnings growth does not accelerate significantly to justify the valuation.
Company insiders, including CEO Steve Sanghi and CFO James Eric Bjornholt, have been selling shares in recent months, with Sanghi selling over 500,000 shares in April and May 2026, which may signal a lack of confidence in the stock's near-term performance or a desire to diversify personal holdings.
The company's payout ratio is currently 271.64%, meaning it is paying out more in dividends than it is earning in net income, which could be unsustainable in the long run and may lead to a reduction in dividend payments if earnings do not improve.
Microchip Technology Incorporated has a beta of 1.75, indicating that its stock is more volatile than the overall market, which could result in larger price swings and higher risk for investors, especially during periods of market uncertainty.

MCHP Forecast - Frequently Asked Questions

According to the research reports of 24 Wall Street equities research analysts, the average twelve-month stock price forecast for Microchip Technology is $98.67, with a high forecast of $125.00 and a low forecast of $69.00.

24 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Microchip Technology in the last twelve months. There are currently 8 hold ratings, 13 buy ratings and 3 strong buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" MCHP shares.

According to analysts, Microchip Technology's stock has a predicted upside of 34.66% based on their 12-month stock forecasts.

Over the previous 90 days, Microchip Technology's stock had 2 upgrades and 2 downgrades by analysts.

Microchip Technology has been rated by research analysts at BMO Capital Markets, Cantor Fitzgerald, Citigroup, Rosenblatt Securities, TD Cowen, Truist Financial, UBS Group, Weiss Ratings, Wells Fargo & Company, and Zacks Research in the past 90 days.

Analysts like Microchip Technology more than other "technology" companies. The consensus rating for Microchip Technology is Moderate Buy while the average consensus rating for "technology" companies is Hold. Learn more on how MCHP compares to other companies.

Stock Forecasts and Research Tools

Related Companies

Today's Analyst Ratings

Top-Rated Stocks

More Ratings Tools

Brokerages With Microchip Technology Recommendations

MarketBeat monitors more than a dozen sources for Microchip Technology analyst ratings, with the most recent rating issued on 9/9/2026.

From Our Partners

Unlock superior investment research and tools.

Get MarketBeat All Access

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Microchip Technology (MCHP) Stock Forecast & Price Target

Microchip Technology - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Consensus Price Target

MCHP Analyst Ratings Over Time

MCHP Analyst Recommendations By Month

MCHP Price Targets by Month

Microchip Technology Stock vs. The Competition

Recent Analyst Forecasts and Stock Ratings

Should I Buy Microchip Technology Stock? MCHP Pros and Cons Explained

Microchip Technology
Bull Case

Microchip Technology
Bear Case

MCHP Forecast - Frequently Asked Questions

Stock Forecasts and Research Tools

Today's Analyst Ratings

Top-Rated Stocks

More Ratings Tools

Brokerages With Microchip Technology Recommendations

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

About MarketBeat

MarketBeat Products

Popular Tools

Financial Calendars

Terms & Info

Microchip Technology (MCHP) Stock Forecast & Price Target

Microchip Technology - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Consensus Price Target

MCHP Analyst Ratings Over Time

MCHP Analyst Recommendations By Month

MCHP Price Targets by Month

Microchip Technology Stock vs. The Competition

Recent Analyst Forecasts and Stock Ratings

Should I Buy Microchip Technology Stock? MCHP Pros and Cons Explained

Microchip Technology Bull Case

Microchip Technology Bear Case

MCHP Forecast - Frequently Asked Questions

What is Microchip Technology's forecast for 2026?

Should I buy or sell Microchip Technology stock right now?

Does Microchip Technology's stock price have much upside?

Has Microchip Technology been upgraded or downgraded by Wall Street analysts recently?

What analysts cover Microchip Technology?

Do Wall Street analysts like Microchip Technology more than its competitors?

Stock Forecasts and Research Tools

Today's Analyst Ratings

Top-Rated Stocks

More Ratings Tools

Brokerages With Microchip Technology Recommendations

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

Microchip Technology
Bull Case

Microchip Technology
Bear Case