Brokerages Set Microchip Technology Incorporated (NASDAQ:MCHP) Price Target at $82.05

Microchip Technology Incorporated (NASDAQ:MCHP) has been given a consensus rating of “Moderate Buy” by the twenty-four ratings firms that are presently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, four have issued a hold recommendation, sixteen have assigned a buy recommendation and three have given a strong buy recommendation to the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is $82.0455.

A number of analysts have issued reports on MCHP shares. Needham & Company LLC raised their target price on Microchip Technology from $75.00 to $77.00 and gave the company a “buy” rating in a report on Tuesday, January 6th. BNP Paribas Exane upgraded shares of Microchip Technology from a “neutral” rating to an “outperform” rating and set a $90.00 price objective on the stock in a research note on Thursday, January 22nd. TD Cowen cut their target price on shares of Microchip Technology from $65.00 to $60.00 and set a “hold” rating for the company in a research note on Friday, November 7th. UBS Group raised their price target on shares of Microchip Technology from $85.00 to $95.00 and gave the stock a “buy” rating in a research report on Monday, January 26th. Finally, Wolfe Research set a $85.00 price objective on shares of Microchip Technology in a report on Tuesday, January 6th.

Insider Buying and Selling

In other Microchip Technology news, CFO James Eric Bjornholt sold 4,292 shares of the firm’s stock in a transaction that occurred on Tuesday, November 25th. The stock was sold at an average price of $50.39, for a total value of $216,273.88. Following the completion of the sale, the chief financial officer owned 30,089 shares in the company, valued at approximately $1,516,184.71. This trade represents a 12.48% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Steve Sanghi sold 98,814 shares of Microchip Technology stock in a transaction that occurred on Wednesday, January 28th. The stock was sold at an average price of $80.55, for a total value of $7,959,467.70. Following the sale, the chief executive officer directly owned 9,922,319 shares in the company, valued at $799,242,795.45. The trade was a 0.99% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 121,615 shares of company stock valued at $9,641,654 in the last quarter. Corporate insiders own 1.94% of the company’s stock.

Institutional Investors Weigh In On Microchip Technology

Several institutional investors and hedge funds have recently bought and sold shares of MCHP. Winnow Wealth LLC bought a new stake in Microchip Technology in the third quarter valued at about $25,000. Root Financial Partners LLC acquired a new stake in Microchip Technology during the third quarter valued at approximately $28,000. Salomon & Ludwin LLC boosted its holdings in Microchip Technology by 219.3% during the third quarter. Salomon & Ludwin LLC now owns 479 shares of the semiconductor company’s stock valued at $32,000 after purchasing an additional 329 shares in the last quarter. Quent Capital LLC bought a new stake in shares of Microchip Technology in the 3rd quarter valued at approximately $32,000. Finally, E Fund Management Hong Kong Co. Ltd. raised its holdings in shares of Microchip Technology by 106.8% in the 3rd quarter. E Fund Management Hong Kong Co. Ltd. now owns 517 shares of the semiconductor company’s stock worth $33,000 after buying an additional 267 shares in the last quarter. Institutional investors own 91.51% of the company’s stock.

Microchip Technology Price Performance

NASDAQ MCHP opened at $75.92 on Thursday. Microchip Technology has a 1 year low of $34.13 and a 1 year high of $81.43. The company has a fifty day simple moving average of $67.48 and a 200 day simple moving average of $65.42. The company has a current ratio of 2.25, a quick ratio of 1.20 and a debt-to-equity ratio of 0.80. The company has a market cap of $41.03 billion, a P/E ratio of -168.71, a P/E/G ratio of 2.03 and a beta of 1.46.

Microchip Technology (NASDAQ:MCHP) last released its earnings results on Thursday, November 6th. The semiconductor company reported $0.35 earnings per share for the quarter, topping analysts’ consensus estimates of $0.33 by $0.02. The firm had revenue of $1.14 billion during the quarter, compared to analyst estimates of $1.13 billion. Microchip Technology had a negative net margin of 4.39% and a positive return on equity of 5.21%. The business’s revenue was down 2.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.46 EPS. Microchip Technology has set its Q3 2026 guidance at 0.340-0.400 EPS. On average, sell-side analysts predict that Microchip Technology will post 1.03 EPS for the current year.

Microchip Technology Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 9th. Investors of record on Monday, November 24th were paid a dividend of $0.455 per share. This represents a $1.82 annualized dividend and a yield of 2.4%. The ex-dividend date was Monday, November 24th. Microchip Technology’s payout ratio is currently -404.44%.

Microchip Technology News Summary

Here are the key news stories impacting Microchip Technology this week:

• Positive Sentiment: Bank of America upgraded MCHP to a “Buy” with a $95 target, providing a clear near‑term upside signal and helping fuel bullish sentiment and flows. Bank of America Upgrades Microchip Technology (NASDAQ:MCHP) to “Buy”
• Positive Sentiment: Zacks moved Microchip toward a stronger rating and flagged the company as having the setup for an earnings beat — a potential catalyst if upcoming results and guidance beat expectations. Microchip Technology (MCHP) Earnings Expected to Grow: Should You Buy?
• Positive Sentiment: Microchip launched the PIC32CM PL10 Arm Cortex‑M0+ MCU family, expanding its embedded/IoT product roadmap — a commercial/product catalyst that supports medium‑term revenue growth expectations. PIC32CM PL10 MCUs Expand Microchip’s Arm® Cortex®-M0+ Portfolio
• Neutral Sentiment: Market write‑ups and note pieces (AAII, Yahoo, Barchart) explain the recent ~6% rally and discuss valuation — useful context for investors but not a direct catalyst. Why Microchip Technology Incorporated’s (MCHP) Stock Is Up 6.33%
• Neutral Sentiment: Analyst coverage remains constructive (consensus “Moderate Buy”); many upgrades are already reflected in recent price gains, which tempers how much more they can move the stock immediately. Microchip Technology Incorporated (NASDAQ:MCHP) Receives Average Rating of “Moderate Buy” from Analysts
• Negative Sentiment: CEO Steve Sanghi sold 98,814 shares (~$8.0M) on Jan. 28, trimming his stake ~0.99%; insider selling often triggers short‑term concern and can weigh on the stock while investors digest the reason for the sale. SEC Form 4: Steve Sanghi Sale

Microchip Technology Company Profile

Microchip Technology Inc is a semiconductor company headquartered in Chandler, Arizona, that designs, develops and supplies a broad portfolio of embedded control and analog semiconductors. Its product lineup centers on microcontrollers (including the well-known PIC family), digital signal controllers and associated development tools and software, along with a range of mixed-signal and analog devices, nonvolatile memory, power management, timing, interface, wireless and security products. The company also provides integrated hardware and software solutions intended to simplify embedded design and accelerate time to market for OEMs and contract manufacturers.

Microchip’s products are used across a wide range of end markets, including automotive, industrial automation, consumer electronics, communications, aerospace and defense, and Internet of Things (IoT) applications.