Rosenblatt Securities Issues Positive Forecast for Microchip Technology (NASDAQ:MCHP) Stock Price

Microchip Technology (NASDAQ:MCHP) had its price objective raised by equities research analysts at Rosenblatt Securities from $80.00 to $115.00 in a research report issued to clients and investors on Friday,Benzinga reports. The firm currently has a “buy” rating on the semiconductor company’s stock. Rosenblatt Securities’ price target would indicate a potential upside of 47.36% from the stock’s previous close.

A number of other research firms also recently issued reports on MCHP. Truist Financial reiterated a “hold” rating and issued a $60.00 price objective (down previously from $64.00) on shares of Microchip Technology in a report on Friday, November 7th. Zacks Research upgraded shares of Microchip Technology from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 26th. BNP Paribas Exane raised 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. Mizuho upped their price objective on shares of Microchip Technology from $80.00 to $83.00 and gave the stock an “outperform” rating in a report on Friday, January 9th. Finally, Bank of America upgraded shares of Microchip Technology from a “neutral” rating to a “buy” rating and set a $95.00 target price for the company in a report on Wednesday, January 28th. Three analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Microchip Technology has a consensus rating of “Moderate Buy” and a consensus target price of $84.64.

Microchip Technology Price Performance

MCHP stock opened at $78.04 on Friday. The company has a debt-to-equity ratio of 0.80, a current ratio of 2.25 and a quick ratio of 1.20. Microchip Technology has a 1 year low of $34.13 and a 1 year high of $81.43. The firm has a 50-day moving average of $69.54 and a 200 day moving average of $65.57. The company has a market cap of $42.18 billion, a P/E ratio of -173.42, a PEG ratio of 2.00 and a beta of 1.46.

Microchip Technology (NASDAQ:MCHP) last posted its quarterly earnings data on Thursday, February 5th. The semiconductor company reported $0.44 earnings per share 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 for the quarter, compared to analysts’ expectations of $1.19 billion. During the same period in the previous year, the firm posted $0.20 EPS. The business’s revenue 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, sell-side analysts forecast that Microchip Technology will post 1.03 EPS for the current year.

Insider Activity at Microchip Technology

In other news, 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 transaction, the chief financial officer owned 30,089 shares in the company, valued at $1,516,184.71. The trade was a 12.48% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Steve Sanghi sold 98,814 shares of the company’s stock in a transaction on Wednesday, January 28th. The shares were sold at an average price of $80.55, for a total value of $7,959,467.70. Following the transaction, the chief executive officer directly 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. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 121,615 shares of company stock worth $9,641,654 over the last ninety days. 1.94% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Microchip Technology

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. AQR Capital Management LLC grew its stake in shares of Microchip Technology by 51.3% in the first quarter. AQR Capital Management LLC now owns 17,201 shares of the semiconductor company’s stock worth $827,000 after acquiring an additional 5,835 shares during the period. Geneos Wealth Management Inc. boosted its holdings in Microchip Technology by 101.8% in the first quarter. Geneos Wealth Management Inc. now owns 1,221 shares of the semiconductor company’s stock worth $59,000 after purchasing an additional 616 shares during the last quarter. Optas LLC bought a new stake in Microchip Technology in the 2nd quarter worth approximately $221,000. Maryland State Retirement & Pension System raised its stake in Microchip Technology by 3.5% during the 2nd quarter. Maryland State Retirement & Pension System now owns 25,651 shares of the semiconductor company’s stock valued at $1,805,000 after buying an additional 863 shares during the last quarter. Finally, Tectonic Advisors LLC lifted its holdings in shares of Microchip Technology by 10.6% during the 2nd quarter. Tectonic Advisors LLC now owns 8,897 shares of the semiconductor company’s stock valued at $626,000 after buying an additional 856 shares during the period. Institutional investors own 91.51% of the company’s stock.

More Microchip Technology News

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

• Positive Sentiment: Q3 results showed revenue growth and an EPS beat (EPS $0.44 vs. $0.43 consensus; revenue $1.19B, +15.6% y/y), signaling improving demand and margin recovery. Microchip Technology Announces Financial Results for Third Quarter of Fiscal Year 2026
• Positive Sentiment: Company-issued FYQ4 guidance was lifted above consensus on EPS (guide $0.480–$0.520 vs. ~$0.450 street estimate) and revenue was guided to roughly $1.2–$1.3B, suggesting management expects sequential improvement. Microchip Technology Announces Financial Results for Third Quarter of Fiscal Year 2026
• Positive Sentiment: Management signaled ~6.2% sequential sales growth for Q4 with continued momentum in automotive and connectivity end markets—supportive for forward revenue visibility. Microchip signals 6.2% sequential sales growth for Q4 2026 as automotive and connectivity momentum builds
• Positive Sentiment: Board declared a quarterly cash dividend of $0.455 per share (payable March 10), supporting yield-focused investor interest. Microchip Technology Announces Quarterly Cash Dividend on Common Stock of 45.5 Cents Per Share
• Positive Sentiment: Strategic collaboration with Hyundai Motor Group to explore Single Pair Ethernet for automotive connectivity reinforces exposure to growing auto content. Microchip Technology and Hyundai Motor Group Collaborate to Explore 10BASE-T1S Single Pair Ethernet for Future Automotive Connectivity
• Neutral Sentiment: Full earnings call transcript and slide deck are available for deeper read on inventory, gross-margin drivers, and product-level trends. Useful for investors wanting detail but not a discrete catalyst. Microchip Technology Incorporated (MCHP) Q3 2026 Earnings Call Transcript
• Neutral Sentiment: Analyst and media write-ups (Zacks, MarketBeat) provide metric comparisons and context on margins and underutilization charges—helpful for modeling but not new catalysts. Compared to Estimates, Microchip Tech (MCHP) Q3 Earnings: A Look at Key Metrics
• Negative Sentiment: Reuters highlighted that Microchip forecasted quarterly profit below some Street estimates and flagged memory-supply constraints—raising concerns about near-term margin pressure and industry supply dynamics. Microchip Tech forecasts quarterly profit below estimates as memory shortages bite
• Negative Sentiment: TD Cowen kept a Hold rating and trimmed the price target to $70, reflecting limited near-term visibility and a gradual recovery thesis—adds pressure to sentiment. Microchip Technology: Gradual Recovery and Limited Visibility Justify Hold Rating and Lowered $70 Target
• Negative Sentiment: Some outlets noted an immediate share decline (~4%) after the report despite the beat, indicating profit-taking and disappointment over either guidance nuance or broader industry risk. Microchip Technology shares fall 4% despite beating Q3 estimates

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.