Microchip Technology Incorporated (NASDAQ:MCHP) Receives Average Recommendation of “Moderate Buy” from Analysts

Posted by Geri Gentry on Aug 22nd, 2026

Shares of Microchip Technology Incorporated (NASDAQ:MCHP – Get Free Report) have received an average recommendation of “Moderate Buy” from the twenty-four analysts that are covering the company, Marketbeat.com reports. Eight research analysts have rated the stock with a hold recommendation, fourteen have issued a buy recommendation and two have assigned a strong buy recommendation to the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is $98.6667.

A number of brokerages have recently commented on MCHP. Wells Fargo & Company cut their price target on Microchip Technology from $95.00 to $88.00 and set an “equal weight” rating on the stock in a research note on Monday, July 20th. Cantor Fitzgerald reiterated an “overweight” rating and issued a $125.00 price objective on shares of Microchip Technology in a report on Monday, August 17th. Truist Financial cut their target price on shares of Microchip Technology from $105.00 to $90.00 and set a “hold” rating on the stock in a research report on Friday, August 7th. Susquehanna boosted their target price on shares of Microchip Technology from $95.00 to $120.00 and gave the stock a “positive” rating in a report on Friday, May 8th. Finally, JPMorgan Chase & Co. upped their price target on shares of Microchip Technology from $95.00 to $120.00 and gave the company an “overweight” rating in a research report on Friday, May 8th.

Check Out Our Latest Stock Analysis on MCHP

Insider Transactions at Microchip Technology

In other Microchip Technology news, CFO James Eric Bjornholt sold 837 shares of the company’s stock in a transaction on Monday, August 17th. The shares were sold at an average price of $80.26, for a total transaction of $67,177.62. Following the sale, the chief financial officer owned 30,960 shares of the company’s stock, valued at approximately $2,484,849.60. This represents a 2.63% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, COO Richard J. Simoncic sold 5,000 shares of the company’s stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of $97.52, for a total value of $487,600.00. Following the sale, the chief operating officer owned 130,508 shares in the company, valued at approximately $12,727,140.16. The trade was a 3.69% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 8,837 shares of company stock worth $847,338 over the last three months. 1.79% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. EFG International AG bought a new position in Microchip Technology during the 4th quarter valued at $29,000. Miller Capital Partners Inc. bought a new stake in shares of Microchip Technology in the 4th quarter worth $29,000. Continuum Advisory LLC purchased a new stake in shares of Microchip Technology in the second quarter valued at about $30,000. Johnson Financial Group Inc. bought a new position in shares of Microchip Technology during the second quarter valued at about $31,000. Finally, Reflection Asset Management purchased a new position in Microchip Technology during the fourth quarter worth about $33,000. 91.51% of the stock is owned by institutional investors and hedge funds.

Microchip Technology Stock Performance

Shares of NASDAQ MCHP opened at $76.08 on Monday. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.92 and a quick ratio of 1.11. The firm has a market cap of $41.31 billion, a price-to-earnings ratio of 113.55, a P/E/G ratio of 0.53 and a beta of 1.76. The stock’s fifty day moving average price is $84.29 and its two-hundred day moving average price is $81.49. Microchip Technology has a one year low of $48.52 and a one year high of $105.91.

Microchip Technology (NASDAQ:MCHP – Get Free Report) last announced its earnings results on Thursday, August 6th. The semiconductor company reported $0.76 EPS for the quarter, topping the consensus estimate of $0.70 by $0.06. Microchip Technology had a net margin of 9.34% and a return on equity of 14.97%. The company had revenue of $1.48 billion for the quarter, compared to analysts’ expectations of $1.46 billion. During the same period last year, the firm earned $0.27 earnings per share. The business’s revenue for the quarter was up 38.0% on a year-over-year basis. Microchip Technology has set its Q2 2027 guidance at 0.910-0.950 EPS. On average, equities analysts forecast that Microchip Technology will post 3.16 EPS for the current year.

Microchip Technology Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 9th. Investors of record on Monday, August 24th will be issued a $0.455 dividend. The ex-dividend date is Monday, August 24th. This represents a $1.82 annualized dividend and a yield of 2.4%. Microchip Technology’s dividend payout ratio is presently 271.64%.

About Microchip Technology

(Get Free Report)

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.