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PFE   36.48 (-0.73%)
PYPL   61.27 (-0.31%)
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MSFT   318.52 (+1.44%)
META   246.85 (+1.80%)
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NVDA   316.78 (+4.97%)
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AMD   107.93 (+4.03%)
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GE   104.01 (+0.52%)
DIS   93.76 (+1.07%)
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PFE   36.48 (-0.73%)
PYPL   61.27 (-0.31%)
NFLX   371.29 (+9.22%)
QQQ   337.27 (+1.86%)
AAPL   175.05 (+1.37%)
MSFT   318.52 (+1.44%)
META   246.85 (+1.80%)
GOOGL   122.83 (+1.65%)
AMZN   118.15 (+2.29%)
TSLA   176.89 (+1.74%)
NVDA   316.78 (+4.97%)
NIO   7.82 (-2.62%)
BABA   85.77 (-5.41%)
AMD   107.93 (+4.03%)
T   16.55 (-0.66%)
F   11.64 (+1.22%)
MU   67.57 (+4.08%)
CGC   1.05 (+0.00%)
GE   104.01 (+0.52%)
DIS   93.76 (+1.07%)
AMC   5.07 (-0.59%)
PFE   36.48 (-0.73%)
PYPL   61.27 (-0.31%)
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NASDAQ:MCHP

Microchip Technology (MCHP) Price Target & Analyst Ratings

$78.30
+1.70 (+2.22%)
(As of 05/18/2023 ET)
Compare
Today's Range
$76.76
$78.49
50-Day Range
$71.80
$83.78
52-Week Range
$54.33
$87.76
Volume
4.87 million shs
Average Volume
4.72 million shs
Market Capitalization
$42.89 billion
P/E Ratio
19.53
Dividend Yield
1.83%
Price Target
$90.11

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 18 Analyst Ratings

Consensus Analyst Price Target

$90.11
15.08% Upside
High Prediction$110.00
Average Prediction$90.11
Low Prediction$72.00
TypeCurrent
5/18/22 to 5/18/23
1 Month Ago
4/18/22 to 4/18/23
3 Months Ago
2/17/22 to 2/17/23
1 Year Ago
5/18/21 to 5/18/22
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy
Strong Buy
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
Buy
11 Buy rating(s)
11 Buy rating(s)
12 Buy rating(s)
14 Buy rating(s)
Hold
6 Hold rating(s)
5 Hold rating(s)
5 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$90.11$90.58$90.58$94.85
Predicted Upside15.08% Upside13.35% Upside13.60% Upside26.70% 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
2.72
2.55
2.48
Consensus RatingModerate BuyBuyHold
Predicted Upside15.83% Upside292.87% Upside169.42% Upside
News Sentiment RatingPositive News
Neutral News
Neutral News

Historical Target Prices and Ratings

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
5/5/2023Susquehanna
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 Lower Target$95.00 ➝ $90.00+19.63%
5/5/2023TD Cowen
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 Lower TargetMarket Perform$85.00 ➝ $80.00+5.22%
5/5/2023Stifel Nicolaus
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 Lower Target$100.00 ➝ $95.00+24.95%
5/5/2023Citigroup
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 Lower Target$85.00 ➝ $76.00-0.04%
3/8/2023Needham & Company LLC
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 Reiterated RatingBuy$110.00+33.97%
2/6/2023The Goldman Sachs Group
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 Boost TargetNeutral$76.00 ➝ $87.00+1.72%
2/3/2023Wells Fargo & Company
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 Boost TargetEqual Weight$80.00 ➝ $85.00-2.30%
2/3/2023Credit Suisse Group
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 Boost TargetNeutral$85.00 ➝ $98.00+17.93%
2/3/2023Truist Financial
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 Boost TargetBuy$85.00 ➝ $94.00+13.12%
2/3/2023Morgan Stanley
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 Boost TargetOverweight$80.00 ➝ $99.00+17.12%
2/3/2023B. Riley
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 Boost TargetBuy$86.00 ➝ $106.00+25.40%
2/3/2023KeyCorp
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 Boost TargetOverweight$85.00 ➝ $100.00+18.30%
2/3/2023Piper Sandler
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 Boost TargetOverweight$80.00 ➝ $100.00+18.30%
2/3/2023Mizuho
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 Boost TargetNeutral$72.00 ➝ $79.00-6.54%
2/3/2023Raymond James
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 Boost TargetStrong-Buy$90.00 ➝ $105.00+24.22%
11/4/2022UBS Group
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 Lower Target$100.00 ➝ $90.00+51.36%
8/3/2022Cowen
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 Boost TargetOutperform$60.00 ➝ $72.00-0.81%
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%
(Data available from 5/18/2018 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 18 analysts in the last year, the consensus rating for Microchip Technology stock is Moderate Buy based on the current 6 hold ratings, 11 buy ratings and 1 strong buy rating for MCHP. The average twelve-month price prediction for Microchip Technology is $90.11 with a high price target of $110.00 and a low price target of $72.00. 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.

Does Microchip Technology's stock price have much upside?

According to analysts, Microchip Technology's stock has a predicted upside of 13.18% based on their 12-month price targets.

What analysts cover Microchip Technology?

Microchip Technology has been rated by Citigroup, Needham & Company LLC, Stifel Nicolaus, Susquehanna, and TD Cowen in the past 90 days.


Stock Ratings Reports and Tools

This page (NASDAQ:MCHP) was last updated on 5/18/2023 by MarketBeat.com Staff

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