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S&P 500   3,933.92
DOW   33,597.92
QQQ   280.53
How To Be Persuasive With Your Body Language
"The Bull Market Is Officially OVER"  (Ad)pixel
How to Play Apple and Amazon Heading in 2023
Low Beta, High Yield Campbell Soup Company Is Mmm Mmm Good
"The Bull Market Is Officially OVER"  (Ad)pixel
Microsoft strikes 10-year deal with Nintendo on Call of Duty
Could trawler cams help save world's dwindling fish stocks?
Defy EOY Volatility with Artificial Intelligence (Ad)pixel
Southwest Airlines brings back dividend as travel rebounds
Closing prices for crude oil, gold and other commodities
S&P 500   3,933.92
DOW   33,597.92
QQQ   280.53
How To Be Persuasive With Your Body Language
"The Bull Market Is Officially OVER"  (Ad)pixel
How to Play Apple and Amazon Heading in 2023
Low Beta, High Yield Campbell Soup Company Is Mmm Mmm Good
"The Bull Market Is Officially OVER"  (Ad)pixel
Microsoft strikes 10-year deal with Nintendo on Call of Duty
Could trawler cams help save world's dwindling fish stocks?
Defy EOY Volatility with Artificial Intelligence (Ad)pixel
Southwest Airlines brings back dividend as travel rebounds
Closing prices for crude oil, gold and other commodities
S&P 500   3,933.92
DOW   33,597.92
QQQ   280.53
How To Be Persuasive With Your Body Language
"The Bull Market Is Officially OVER"  (Ad)pixel
How to Play Apple and Amazon Heading in 2023
Low Beta, High Yield Campbell Soup Company Is Mmm Mmm Good
"The Bull Market Is Officially OVER"  (Ad)pixel
Microsoft strikes 10-year deal with Nintendo on Call of Duty
Could trawler cams help save world's dwindling fish stocks?
Defy EOY Volatility with Artificial Intelligence (Ad)pixel
Southwest Airlines brings back dividend as travel rebounds
Closing prices for crude oil, gold and other commodities
NASDAQ:MCHP

Microchip Technology - MCHP Price Target & Analyst Ratings

$75.23
+0.09 (+0.12%)
(As of 12/7/2022 12:00 AM ET)
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Today's Range
$74.42
$75.82
50-Day Range
$57.31
$79.19
52-Week Range
$54.33
$90.00
Volume
3.01 million shs
Average Volume
5.01 million shs
Market Capitalization
$41.38 billion
P/E Ratio
23.01
Dividend Yield
1.74%
Price Target
$83.50

Microchip Technology Consensus Rating and Price Target (2023)

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.

Consensus Analyst Rating

Moderate Buy
Based on 19 Analyst Ratings

Consensus Analyst Price Target

$83.50
10.99% Upside
High Prediction$125.00
Average Prediction$83.50
Low Prediction$62.00
TypeCurrent
12/8/21 to 12/8/22
1 Month Ago
11/8/21 to 11/8/22
3 Months Ago
9/9/21 to 9/9/22
1 Year Ago
12/8/20 to 12/8/21
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
Buy
14 Buy rating(s)
15 Buy rating(s)
16 Buy rating(s)
13 Buy rating(s)
Hold
5 Hold rating(s)
4 Hold rating(s)
4 Hold rating(s)
5 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$83.50$84.45$89.73$97.97
Predicted Upside10.99% Upside25.61% Upside23.77% Upside25.31% Upside
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MCHP 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.
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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.
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Microchip Technology Stock vs. The Competition

TypeMicrochip TechnologyComputer and Technology CompaniesS&P 500
Consensus Rating Score
2.74
2.56
2.48
Consensus RatingModerate BuyBuyHold
Predicted Upside10.99% Upside133.54% Upside15.57% Upside
News Sentiment RatingPositive News
Neutral News
Neutral News
MarketBeat
Community Rating
Outperform Votes
865
69.37%
Underperform Votes
382
30.63%
Avg. Outperform Votes
220
66.67%
Avg. Underperform Votes
110
33.33%
Avg. Outperform Votes
853
68.13%
Avg. Underperform Votes
399
31.87%

Historical Target Prices and Ratings

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/29/2022Stifel Nicolaus
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 Boost TargetBuy$77.00 ➝ $80.00+7.61%
11/15/2022Credit Suisse Group
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 Initiated CoverageNeutral$85.00+10.48%
11/7/2022The Goldman Sachs Group
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 Boost TargetNeutral$67.00 ➝ $76.00+19.01%
11/4/2022Mizuho
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 Lower TargetNeutral$75.00 ➝ $72.00+14.21%
11/4/2022Morgan Stanley
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 Lower TargetOverweight$82.00 ➝ $80.00+34.54%
11/4/2022Piper Sandler
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 Lower TargetOverweight$100.00 ➝ $80.00+34.54%
11/4/2022UBS Group
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 Lower Target$100.00 ➝ $90.00+51.36%
10/25/2022Needham & Company LLC
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 Lower Target$92.00 ➝ $82.00+31.35%
10/11/2022Wells Fargo & Company
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 Lower TargetEqual Weight$75.00 ➝ $65.00+9.89%
10/11/2022Citigroup
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 Lower TargetNeutral$72.00 ➝ $62.00+1.26%
8/3/2022Cowen
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 Boost TargetOutperform$60.00 ➝ $72.00-0.81%
8/3/2022B. Riley
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 Boost TargetBuy$78.00 ➝ $86.00+19.69%
8/3/2022Cowen
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 Boost TargetOutperform$60.00 ➝ $72.00+0.42%
6/29/2022Bank of America
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 Lower TargetBuy$85.00 ➝ $74.00+24.47%
5/10/2022BMO Capital Markets
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 Lower Target$95.00 ➝ $85.00+26.90%
4/8/2022Truist Financial
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 Lower TargetBuy$94.00 ➝ $79.00+15.85%
2/4/2022Susquehanna Bancshares
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 Reiterated RatingBuy$100.00+37.67%
2/4/2022Rosenblatt Securities
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Hans Mosesmann
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Boost TargetBuy$120.00 ➝ $125.00+71.87%
2/4/2022JPMorgan Chase & Co.
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 Boost TargetOverweight$104.00 ➝ $105.00+41.57%
12/1/2021Jefferies Financial Group
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 Boost TargetBuy$98.00 ➝ $109.00+26.70%
11/5/2021Raymond James
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 Boost TargetStrong-Buy$90.00 ➝ $110.00+28.43%
11/5/2021KeyCorp
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 Boost TargetOverweight$95.00 ➝ $100.00+20.60%
3/23/2021Longbow Research
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 UpgradeNeutral ➝ Buy$94.00+21.40%
2/3/2021Vertical Research
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 DowngradeBuy ➝ Hold
11/6/2020Smith Barney Citigroup
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 DowngradeBuy ➝ Neutral
7/9/2020BNP Paribas
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 Initiated CoverageNeutral$55.00+2.28%
6/19/2020Loop Capital
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 Initiated CoverageBuy$60.00+15.06%
6/4/2020Argus
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 Boost TargetBuy$50.00 ➝ $62.50+14.90%
6/3/2020SunTrust Banks
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 Boost TargetBuy$47.00 ➝ $58.50+10.06%
5/8/2020Cfra
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 Lower TargetHold$55.00 ➝ $47.50+7.44%
(Data available from 12/8/2017 forward. View 10+ years of historical ratings with our analyst ratings screener.)












MCHP Price Target - Frequently Asked Questions

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

According to the issued ratings of 19 analysts in the last year, the consensus rating for Microchip Technology stock is Moderate Buy based on the current 5 hold ratings and 14 buy ratings for MCHP. The average twelve-month price prediction for Microchip Technology is $83.50 with a high price target of $125.00 and a low price target of $62.00. Learn more on MCHP's analyst rating history.

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

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

Do MarketBeat users like Microchip Technology more than its competitors?

MarketBeat users like Microchip Technology more than other Computer and Technology companies. 69.37% of MarketBeat users gave Microchip Technology an outperform vote while computer and technology companies recieve an average of 66.67% outperform votes by MarketBeat users.

Does Microchip Technology's stock price have much upside?

According to analysts, Microchip Technology's stock has a predicted upside of 23.77% based on their 12-month price targets.

What analysts cover Microchip Technology?

Stock Ratings Reports and Tools

This page (NASDAQ:MCHP) was last updated on 12/8/2022 by MarketBeat.com Staff