Microchip Technology (NASDAQ:MCHP) Releases Q4 2026 Earnings Guidance

Microchip Technology (NASDAQ:MCHP) updated its fourth quarter 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 0.480-0.520 for the period, compared to the consensus earnings per share estimate of 0.450. The company issued revenue guidance of $1.2 billion-$1.3 billion, compared to the consensus revenue estimate of $1.2 billion.

Analysts Set New Price Targets

A number of research analysts have recently commented on MCHP shares. Bank of America upgraded shares of Microchip Technology from a “neutral” rating to a “buy” rating and set a $95.00 price target for the company in a research report on Wednesday, January 28th. Cantor Fitzgerald boosted their target price on Microchip Technology from $85.00 to $100.00 and gave the stock an “overweight” rating in a research report on Monday. Piper Sandler upped their target price on Microchip Technology from $80.00 to $85.00 and gave the stock an “overweight” rating in a research note on Thursday, January 15th. Wells Fargo & Company lifted their price target on Microchip Technology from $58.00 to $68.00 and gave the company an “equal weight” rating in a research report on Wednesday, January 7th. Finally, Citigroup boosted their price objective on Microchip Technology from $80.00 to $92.00 and gave the stock a “buy” rating in a report on Thursday, January 15th. Three equities research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $84.95.

Microchip Technology Stock Down 3.5%

Microchip Technology stock traded down $2.70 during trading hours on Friday, hitting $75.34. 6,874,592 shares of the stock traded hands, compared to its average volume of 9,428,526. Microchip Technology has a one year low of $34.13 and a one year high of $81.43. The firm’s 50-day moving average price is $69.54 and its two-hundred day moving average price is $65.57. 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 $40.72 billion, a PE ratio of -167.16, a PEG ratio of 2.00 and a beta of 1.46.

Microchip Technology (NASDAQ:MCHP) last announced its quarterly earnings data on Thursday, February 5th. The semiconductor company reported $0.44 EPS for the quarter, beating the consensus estimate of $0.43 by $0.01. Microchip Technology had a positive return on equity of 5.21% and a negative net margin of 4.39%.The business had revenue of $1.19 billion during the quarter, compared to analyst estimates of $1.19 billion. During the same quarter last year, the firm posted $0.20 earnings per share. The company’s revenue for the quarter was up 15.6% on a year-over-year basis. Microchip Technology has set its Q4 2026 guidance at 0.480-0.520 EPS. On average, research analysts forecast that Microchip Technology will post 1.03 EPS for the current year.

Microchip Technology Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 10th. Stockholders of record on Monday, February 23rd will be given a $0.455 dividend. This represents a $1.82 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date of this dividend is Monday, February 23rd. Microchip Technology’s payout ratio is currently -404.44%.

Insider Buying and Selling

In other Microchip Technology news, CEO Steve Sanghi sold 98,814 shares of Microchip Technology stock in a transaction on Wednesday, January 28th. The stock was sold at an average price of $80.55, for a total transaction of $7,959,467.70. Following the completion of the transaction, the chief executive officer owned 9,922,319 shares in the company, valued at approximately $799,242,795.45. The trade was a 0.99% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO James Eric Bjornholt sold 4,292 shares of the business’s stock in a transaction 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 directly owned 30,089 shares in the company, valued at $1,516,184.71. This trade represents a 12.48% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 121,615 shares of company stock valued at $9,641,654. 1.94% of the stock is owned by corporate insiders.

More Microchip Technology News

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

• Positive Sentiment: Multiple broker upgrades and large price-target increases signal renewed analyst optimism — Rosenblatt raised its target to $115 (buy), Mizuho to $90 (outperform) and Needham to $84 (buy). These lifts imply substantial upside from recent levels. Benzinga TickerReport
• Positive Sentiment: Q3 fiscal 2026 results topped EPS estimates ($0.44 vs. $0.43) and showed +15.6% YoY revenue growth to ~$1.19B; management issued Q4 EPS guidance of $0.48–$0.52, above consensus at the midpoint — this supports a recovery thesis. Press Release
• Positive Sentiment: Board declared a quarterly cash dividend of $0.455/share (payable March 10; ex-div Feb 23), supporting income investors and signaling confidence in cash flow. Dividend Release
• Positive Sentiment: Strategic win: collaboration with Hyundai Motor Group to explore 10BASE‑T1S single‑pair Ethernet for automotive connectivity — supports automotive revenue momentum cited on the call. Hyundai Collaboration
• Neutral Sentiment: Earnings call transcripts and analyst notes highlight improving margins, inventory normalization and sequential revenue growth (~6.2% expected into Q4), which underpin the turnaround thesis but leave execution risk. Earnings Call Sales Signal
• Negative Sentiment: Offsetting the positives, Reuters reports Microchip forecasted quarterly profit below some Wall Street estimates and flagged memory‑supply pressures — this guidance nuance likely contributed to the sell‑off despite the beat. Reuters
• Negative Sentiment: Some analysts remain cautious — TD Cowen kept a Hold and cut its target to $70, underscoring continued visibility concerns and limiting near‑term upside for more conservative investors. TipRanks/TD Cowen
• Negative Sentiment: Market reaction: shares fell after the print despite the beat — indicating investors are focusing on near‑term margin/supply risks and mixed forward commentary rather than the upbeat parts of the release. Market Reaction

Institutional Investors Weigh In On Microchip Technology

Large investors have recently bought and sold shares of the business. AQR Capital Management LLC lifted its holdings in Microchip Technology by 51.3% in the first quarter. AQR Capital Management LLC now owns 17,201 shares of the semiconductor company’s stock valued at $827,000 after acquiring an additional 5,835 shares during the period. Geneos Wealth Management Inc. increased its position in shares of Microchip Technology by 101.8% during the 1st 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 last quarter. Cresset Asset Management LLC lifted its stake in shares of Microchip Technology by 5.4% in the 2nd quarter. Cresset Asset Management LLC now owns 11,433 shares of the semiconductor company’s stock worth $805,000 after purchasing an additional 589 shares during the period. AXA S.A. boosted its holdings in shares of Microchip Technology by 21.3% in the second quarter. AXA S.A. now owns 51,552 shares of the semiconductor company’s stock worth $3,628,000 after buying an additional 9,043 shares during the last quarter. Finally, Treasurer of the State of North Carolina grew its position in Microchip Technology by 1.6% during the second quarter. Treasurer of the State of North Carolina now owns 246,530 shares of the semiconductor company’s stock valued at $17,348,000 after buying an additional 3,851 shares during the period. 91.51% of the stock is currently owned by institutional investors.

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.