Susquehanna Issues Pessimistic Forecast for Microchip Technology (NASDAQ:MCHP) Stock Price

Posted by Brenda Bartman on Nov 6th, 2026

Microchip Technology (NASDAQ:MCHP – Get Free Report) had its target price dropped by analysts at Susquehanna from $120.00 to $100.00 in a report issued on Friday, Benzinga reports. The brokerage currently has a “positive” rating on the semiconductor company’s stock. Susquehanna‘s price objective suggests a potential upside of 54.20% from the stock’s current price.

Other equities analysts have also recently issued reports about the company. Cantor Fitzgerald decreased their price objective on Microchip Technology from $125.00 to $100.00 and set an “overweight” rating on the stock in a report on Friday. Citigroup cut their target price on Microchip Technology from $113.00 to $95.00 and set a “buy” rating for the company in a research note on Friday, August 7th. Wells Fargo & Company reduced their price target on shares of Microchip Technology from $88.00 to $80.00 and set an “equal weight” rating on the stock in a research report on Tuesday, October 20th. Rosenblatt Securities decreased their price target on shares of Microchip Technology from $120.00 to $115.00 and set a “buy” rating on the stock in a research note on Friday. Finally, B. Riley Financial lowered their price objective on shares of Microchip Technology from $108.00 to $98.00 and set a “buy” rating for the company in a report on Thursday, October 22nd. Three analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $93.67.

Get Our Latest Report on MCHP

Microchip Technology Stock Down 13.9%

Shares of NASDAQ:MCHP opened at $64.85 on Friday. Microchip Technology has a 52-week low of $48.52 and a 52-week high of $105.91. The firm has a fifty day moving average of $75.19 and a 200 day moving average of $79.48. The firm has a market capitalization of $35.21 billion, a PE ratio of 96.79, a price-to-earnings-growth ratio of 0.52 and a beta of 1.84. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.11 and a current ratio of 1.92.

Microchip Technology (NASDAQ:MCHP – Get Free Report) last released its quarterly earnings results on Thursday, November 5th. The semiconductor company reported $0.97 earnings per share for the quarter, beating analysts’ consensus estimates of $0.94 by $0.03. Microchip Technology had a return on equity of 14.97% and a net margin of 9.34%. The business had revenue of $1.62 billion for the quarter, compared to the consensus estimate of $1.61 billion. During the same quarter last year, the business posted $0.35 earnings per share. The company’s revenue for the quarter was up 42.2% on a year-over-year basis. As a group, research analysts anticipate that Microchip Technology will post 3.20 EPS for the current fiscal year.

Insider Buying and Selling at Microchip Technology

In related news, CFO James Bjornholt sold 4,112 shares of the stock in a transaction dated Tuesday, August 25th. The stock was sold at an average price of $75.32, for a total transaction of $309,715.84. Following the completion of the sale, the chief financial officer directly owned 28,573 shares in the company, valued at $2,152,118.36. This represents a 12.58% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 1.79% of the company’s stock.

Institutional Trading of Microchip Technology

Several hedge funds and other institutional investors have recently bought and sold shares of MCHP. TOP Private Wealth LLC. purchased a new position in shares of Microchip Technology in the second quarter worth $29,000. GK Wealth Management LLC bought a new stake in Microchip Technology during the 3rd quarter valued at $29,000. Continuum Advisory LLC bought a new stake in Microchip Technology during the 2nd quarter valued at $30,000. Johnson Financial Group Inc. bought a new stake in Microchip Technology during the 2nd quarter valued at $31,000. Finally, Rakuten Securities Inc. purchased a new stake in Microchip Technology during the 2nd quarter valued at $34,000. 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: For the quarter ended September 30, Microchip reported $0.97 per share versus analysts’ $0.94 estimate, and revenue of $1.62 billion versus $1.61 billion expected. EPS was up from $0.35 a year earlier, marking a sixth consecutive earnings beat. Article: Microchip Technology Q2 Earnings and Revenues Top Estimates
Negative Sentiment: The company forecast December-quarter revenue ranging from a 3% decline to 1% growth, with non-GAAP EPS of $0.87–$0.95. Reports characterized the guidance as below consensus, tempering the positive impact of the quarterly beat and pointing to limited near-term momentum. Article: Microchip December-Quarter Outlook

Microchip Technology Company Profile

(Get Free Report)

Microchip Technology Incorporated (NASDAQ:MCHP) develops and manufactures semiconductor products used in embedded control and connected electronic systems. Its portfolio includes microcontrollers, microprocessors, analog and power-management devices, memory products, timing and connectivity components, security solutions, and field-programmable gate arrays. The company also provides development tools, software, evaluation kits, and technical support to help customers design and produce electronic equipment.

Microchip’s products are used across a range of markets, including automotive, industrial, aerospace and defense, communications, consumer electronics, data centers, and medical applications.