Microchip Technology (MCHP) Expected to Post Earnings on Thursday

Microchip Technology (NASDAQ:MCHP) is anticipated to announce its Q1 2027 results after the market closes on Thursday, August 6th. Analysts expect the company to announce earnings of $0.70 per share and revenue of $1.4585 billion for the quarter. Microchip Technology has set its Q1 2027 guidance at 0.670-0.710 EPS. Interested persons can check the company’s upcoming Q1 2027 earning report for the latest details on the call scheduled for Thursday, August 6, 2026 at 5:00 PM ET.

Microchip Technology (NASDAQ:MCHP) last announced its quarterly earnings results on Thursday, May 7th. The semiconductor company reported $0.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.50 by $0.07. Microchip Technology had a net margin of 4.88% and a return on equity of 10.87%. The company had revenue of $1.31 billion for the quarter, compared to analysts’ expectations of $1.26 billion. During the same quarter in the previous year, the company earned $0.11 earnings per share. Microchip Technology’s quarterly revenue was up 35.1% on a year-over-year basis. On average, analysts expect Microchip Technology to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Microchip Technology Price Performance

MCHP stock opened at $71.37 on Thursday. The company has a debt-to-equity ratio of 0.85, a current ratio of 2.09 and a quick ratio of 1.18. Microchip Technology has a 1 year low of $48.52 and a 1 year high of $105.91. The firm has a 50-day moving average of $89.57 and a 200 day moving average of $81.20. The company has a market cap of $38.75 billion, a P/E ratio of 339.87, a PEG ratio of 0.76 and a beta of 1.74.

Microchip Technology Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, June 5th. Investors of record on Friday, May 22nd were paid a $0.455 dividend. This represents a $1.82 annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend was Friday, May 22nd. Microchip Technology’s dividend payout ratio is presently 866.67%.

Insider Transactions at Microchip Technology

In other news, CEO Steve Sanghi sold 76,469 shares of the company’s stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $93.58, for a total transaction of $7,155,969.02. Following the completion of the sale, the chief executive officer owned 9,385,834 shares of the company’s stock, valued at $878,326,345.72. This represents a 0.81% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Matthew W. Chapman sold 3,000 shares of the firm’s stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of $97.52, for a total transaction of $292,560.00. Following the completion of the transaction, the director directly owned 17,665 shares in the company, valued at approximately $1,722,690.80. The trade was a 14.52% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 103,219 shares of company stock worth $9,699,139. 1.79% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Microchip Technology

Hedge funds have recently modified their holdings of the business. Zions Bancorporation National Association UT raised its holdings in Microchip Technology by 30.7% in the 4th quarter. Zions Bancorporation National Association UT now owns 1,304 shares of the semiconductor company’s stock worth $83,000 after purchasing an additional 306 shares during the period. Johnson Financial Group Inc. lifted its position in Microchip Technology by 373.2% during the third quarter. Johnson Financial Group Inc. now owns 1,112 shares of the semiconductor company’s stock valued at $71,000 after purchasing an additional 877 shares in the last quarter. Geneos Wealth Management Inc. grew its holdings in Microchip Technology by 101.8% during the first quarter. Geneos Wealth Management Inc. now owns 1,221 shares of the semiconductor company’s stock valued at $59,000 after purchasing an additional 616 shares during the period. Fulcrum Asset Management LLP bought a new stake in Microchip Technology during the third quarter valued at about $52,000. Finally, Arax Advisory Partners bought a new stake in Microchip Technology during the fourth quarter valued at about $51,000. Institutional investors own 91.51% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently commented on MCHP. Truist Financial boosted their price objective on shares of Microchip Technology from $69.00 to $105.00 and gave the stock a “hold” rating in a research note on Friday, May 8th. Zacks Research upgraded shares of Microchip Technology from a “hold” rating to a “strong-buy” rating in a report on Tuesday, May 12th. Barclays boosted their price target on Microchip Technology from $80.00 to $105.00 and gave the stock an “equal weight” rating in a research report on Monday, May 11th. Susquehanna upped their price target on Microchip Technology from $95.00 to $120.00 and gave the stock a “positive” rating in a research note on Friday, May 8th. Finally, Weiss Ratings lowered Microchip Technology from a “hold (c)” rating to a “hold (c-)” rating in a research report on Friday, July 24th. Four analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $99.76.

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.