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

Microchip Technology (NASDAQ:MCHP) had its price target boosted by analysts at Rosenblatt Securities from $115.00 to $120.00 in a report issued on Friday,Benzinga reports. The brokerage currently has a “buy” rating on the semiconductor company’s stock. Rosenblatt Securities’ price objective suggests a potential upside of 18.13% from the company’s previous close.

Other equities analysts also recently issued reports about the stock. Susquehanna upped their price objective on shares of Microchip Technology from $75.00 to $90.00 and gave the company a “positive” rating in a report on Thursday, January 22nd. Wall Street Zen downgraded shares of Microchip Technology from a “buy” rating to a “hold” rating in a report on Saturday, April 25th. Barclays assumed coverage on shares of Microchip Technology in a report on Thursday, February 12th. They issued an “equal weight” rating and a $80.00 price objective on the stock. Mizuho upped their price objective on shares of Microchip Technology from $83.00 to $90.00 and gave the company an “outperform” rating in a report on Friday, February 6th. Finally, Argus upgraded shares of Microchip Technology to a “strong-buy” rating in a report on Monday, February 9th. Three equities research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat.com, Microchip Technology has an average rating of “Moderate Buy” and an average target price of $87.78.

Microchip Technology Price Performance

Shares of MCHP opened at $101.58 on Friday. The company has a market cap of $54.97 billion, a price-to-earnings ratio of -350.28, a PEG ratio of 1.38 and a beta of 1.75. Microchip Technology has a 1-year low of $48.52 and a 1-year high of $103.24. The company’s fifty day simple moving average is $73.27 and its 200 day simple moving average is $69.20. The company has a current ratio of 2.16, a quick ratio of 1.16 and a debt-to-equity ratio of 0.82.

Microchip Technology (NASDAQ:MCHP) last released its quarterly earnings data on Thursday, May 7th. The semiconductor company reported $0.57 EPS for the quarter, beating the consensus estimate of $0.50 by $0.07. Microchip Technology had a negative net margin of 1.57% and a positive return on equity of 7.16%. The firm had revenue of $1.31 billion for the quarter, compared to the consensus estimate of $1.26 billion. During the same period in the previous year, the company earned $0.11 earnings per share. The company’s quarterly revenue was up 35.1% on a year-over-year basis. Microchip Technology has set its Q1 2027 guidance at 0.670-0.710 EPS. On average, research analysts forecast that Microchip Technology will post 1.16 earnings per share for the current fiscal year.

Insider Activity

In other news, CEO Steve Sanghi sold 76,469 shares of the business’s stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $93.58, for a total value 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 approximately $878,326,345.72. The trade was a 0.81% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 526,552 shares of company stock valued at $47,130,465 over the last three months. Insiders own 1.94% of the company’s stock.

Institutional Investors Weigh In On Microchip Technology

Institutional investors have recently modified their holdings of the business. Winnow Wealth LLC bought a new stake in shares of Microchip Technology in the third quarter valued at about $25,000. Root Financial Partners LLC bought a new stake in shares of Microchip Technology in the third quarter valued at about $28,000. EFG International AG bought a new stake in Microchip Technology during the fourth quarter worth about $29,000. Miller Capital Partners Inc. bought a new stake in Microchip Technology during the fourth quarter worth about $29,000. Finally, Quent Capital LLC bought a new stake in Microchip Technology during the third quarter worth about $32,000. Institutional investors own 91.51% of the company’s stock.

Microchip Technology News Summary

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

• Positive Sentiment: Q4 results beat and management raised near?term outlook: revenue $1.311B (+35.1% YoY), non?GAAP EPS $0.57 vs $0.50 consensus, and fiscal Q1 guidance (EPS $0.670–0.710; revenue $1.4B–$1.5B) well above Street estimates — the main driver of the stock’s upside. Microchip Tech forecasts quarterly revenue above estimates on strong chip demand
• Positive Sentiment: Board declared a quarterly cash dividend of $0.455/share (payable June 5, record/ex?div May 22), yielding ~1.8% — modest income support and signals confidence in cash flow. Microchip Technology Announces Quarterly Cash Dividend on Common Stock of 45.5 Cents Per Share
• Positive Sentiment: New product wins expand addressable markets: announced next?gen Single Pair Ethernet PHY families for automotive/industrial (supports MACsec, TSN, functional safety) — helps capture Software?Defined Vehicle and industrial Ethernet demand. Next?Generation 100/1000BASE?T1 Single Pair Ethernet PHYs Integrate MACsec Security, Time Sensitive Networking and Functional Safety
• Positive Sentiment: Data center product collaboration with Intel — new MD?990 timing modules target distributed AI and 5G vRAN servers, expanding Microchip’s presence in low?latency datacenter infrastructure. Microchip And Intel Timing Modules Spotlight Data Center Valuation Questions
• Positive Sentiment: Sector analyst momentum: Morgan Stanley raised price targets across semiconductors, including Microchip — supportive macro/sector backdrop. Morgan Stanley raises price targets across semiconductor sector
• Neutral Sentiment: Earnings call transcript and slide deck are available for detail on product demand, inventory trends and margin drivers (useful if you model forward margins). Microchip Technology Incorporated (MCHP) Q4 2026 Earnings Call Transcript
• Neutral Sentiment: Investor commentary on the recent price run-up questions valuation — many articles note a large multi?month surge; this is a reminder to weigh growth vs stretched multiples. Is It Too Late To Consider Microchip Technology (MCHP) After Its Recent Share Price Surge
• Negative Sentiment: GAAP profitability nuances: despite strong non?GAAP results, MarketBeat notes a negative GAAP net margin (one?time/adjustment effects may be weighing on GAAP profit); investors should check whether charges are recurring. Microchip Technology issued its quarterly earnings data

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.