S&P 500   4,544.90
DOW   35,677.02
QQQ   374.10
S&P 500   4,544.90
DOW   35,677.02
QQQ   374.10
S&P 500   4,544.90
DOW   35,677.02
QQQ   374.10
S&P 500   4,544.90
DOW   35,677.02
QQQ   374.10

Microchip Technology Price Target, Predictions & Analyst Ratings

-0.81 (-1.07 %)
(As of 10/22/2021 04:00 PM ET)
Today's Range
50-Day Range
52-Week Range
Volume2.46 million shs
Average Volume3.91 million shs
Market Capitalization$41.22 billion
P/E Ratio44.24
Dividend Yield1.20%

Microchip Technology (NASDAQ:MCHP) Price Target and Consensus Rating

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 (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = 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.

Analyst Rating Consensus

Based on 21 Analyst Ratings

Analyst Price Target Consensus


High PT$105.00
Average PT$90.09
Low PT$62.50
10/23/20 to 10/23/21
1 Month Ago
9/23/20 to 9/23/21
3 Months Ago
7/25/20 to 7/25/21
1 Year Ago
10/24/19 to 10/23/20
Consensus Rating
Strong Buy
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
0 Strong Buy rating(s)
13 Buy rating(s)
13 Buy rating(s)
11 Buy rating(s)
20 Buy rating(s)
7 Hold rating(s)
4 Hold rating(s)
4 Hold rating(s)
3 Hold rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$90.09$90.97$86.39$58.64
Price Target Upside19.80% Upside25.76% Upside21.15% Upside19.33% Upside
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Analyst Ratings 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.
Skip Chart & View Analyst Rating History

Average Share Price and Price Target 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.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Microchip Technology (NASDAQ:MCHP) vs. Its Competitors

TypeMicrochip TechnologyComputer and Technology CompaniesS&P 500
Consensus Rating Score
Consensus RatingBuyBuyBuy
Price Target Upside39.78% Upside6.73% Upside
News Sentiment RatingNeutral News
Neutral News
Neutral News
Community Rating
Outperform Votes
Underperform Votes
Avg. Outperform Votes
Avg. Underperform Votes
Avg. Outperform Votes
Avg. Underperform Votes

Microchip Technology (NASDAQ:MCHP) Analyst Ratings History

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
10/14/2021Stifel Nicolaus
Initiated CoverageHold$76.00+8.19%
10/13/2021Morgan Stanley
Reiterated RatingOverweight$95.00+33.30%
10/13/2021UBS Group
Initiated CoverageNeutral
9/28/2021Wells Fargo & Company
DowngradeOverweight ➝ Equal Weight
8/4/2021Susquehanna Bancshares
Boost Price TargetPositive$95.00 ➝ $97.50+31.14%
8/4/2021BMO Capital Markets
Boost Price TargetOutperform$82.50 ➝ $87.50+18.11%
8/4/2021Rosenblatt Securities
Boost Price TargetBuy$90.00 ➝ $97.50+32.82%
8/4/2021B. Riley
Boost Price TargetBuy$97.50 ➝ $100.00+36.22%
8/4/2021Needham & Company LLC
Boost Price TargetBuy$100.00 ➝ $105.00+43.03%
Boost Price TargetOverweight$92.50 ➝ $95.00+29.41%
DowngradeBuy ➝ Neutral$82.50 ➝ $80.00+11.47%
3/23/2021Longbow Research
UpgradeNeutral ➝ Buy$94.00+21.40%
2/5/2021JPMorgan Chase & Co.
Boost Price TargetOverweight$67.50 ➝ $90.00+25.48%
2/5/2021Jefferies Financial Group
Boost Price TargetBuy$89.50 ➝ $97.00+34.97%
2/5/2021Credit Suisse Group
Boost Price TargetPositive ➝ Outperform$72.50 ➝ $90.00+25.23%
2/3/2021Vertical Research
DowngradeBuy ➝ Hold
1/19/2021Raymond James
Boost Price TargetStrong-Buy$70.00 ➝ $90.00+19.90%
12/14/2020The Goldman Sachs Group
Boost Price TargetBuy$66.50 ➝ $77.00+8.83%
11/6/2020Smith Barney Citigroup
DowngradeBuy ➝ Neutral
Boost Price TargetMarket Perform$51.00 ➝ $62.50+5.59%
7/9/2020BNP Paribas
Initiated CoverageNeutral$55.00+2.28%
6/29/2020Piper Sandler
Harsh Kumar
Reiterated RatingBuy$65.00+26.74%
6/19/2020Loop Capital
Initiated CoverageBuy$60.00+15.06%
Boost Price TargetBuy$50.00 ➝ $62.50+14.90%
6/3/2020SunTrust Banks
Boost Price TargetBuy$47.00 ➝ $58.50+10.06%
Boost Price TargetPositive ➝ Buy$52.00 ➝ $60.00+23.92%
Lower Price TargetHold$55.00 ➝ $47.50+7.44%
3/11/2020Bank of America
Vivek Arya
Reiterated RatingBuy$52.50+28.87%
10/25/2019Piper Jaffray Companies
Harsh Kumar
Reiterated RatingBuy
11/8/2018Nomura Securities
Krysten Sciacca
Set Price TargetBuy$47.50+27.60%
(Data available from 10/23/2016 forward. View 10+ years of historical ratings with our analyst ratings screener.)

Microchip Technology (NASDAQ:MCHP) Analyst Ratings Frequently Asked Questions

What is Microchip Technology's consensus rating and price target?

According to the issued ratings of 21 analysts in the last year, the consensus rating for Microchip Technology stock is Buy based on the current 7 hold ratings, 13 buy ratings and 1 strong buy rating for MCHP. The average twelve-month price target for Microchip Technology is $90.09 with a high price target of $105.00 and a low price target of $62.50. Learn more on MCHP's analyst rating history

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

Analysts like Microchip Technology stock more than the stock of other Computer and Technology companies. The consensus rating score for Microchip Technology is 2.71 while the average consensus rating score for computer and technology companies is 2.62. Learn more on how MCHP compares to other companies

Do MarketBeat users like Microchip Technology more than its competitors?

MarketBeat users like Microchip Technology stock more than the stock of other Computer and Technology companies. 70.77% of MarketBeat users gave Microchip Technology an outperform vote while computer and technology companies recieve an average of 68.00% outperform votes by MarketBeat users.

Is Microchip Technology being downgraded by Wall Street analysts?

Over the previous 90 days, Microchip Technology's stock had 1 downgrade by analysts.

Does Microchip Technology's stock price have much upside?

According to analysts, Microchip Technology's stock has a predicted upside of 24.85% based on their 12-month price targets.

What analysts cover Microchip Technology?

This page was last updated on 10/23/2021 by MarketBeat.com Staff


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