Microchip Technology (NASDAQ:MCHP) Stock Price Target Cut by Cantor Fitzgerald

Posted by Brian Himes on Nov 8th, 2026

Microchip Technology (NASDAQ:MCHP – Get Free Report) had its price objective reduced by stock analysts at Cantor Fitzgerald from $125.00 to $100.00 in a note issued to investors on Friday, MarketBeat Ratings reports. The firm currently has an “overweight” rating on the semiconductor company’s stock. Cantor Fitzgerald‘s price objective suggests a potential upside of 71.38% from the stock’s current price.

A number of other research analysts have also recently weighed in on the stock. TD Cowen lowered their target price on shares of Microchip Technology from $90.00 to $75.00 and set a “hold” rating on the stock in a research note on Monday, October 19th. Truist Financial cut their price target on Microchip Technology from $105.00 to $90.00 and set a “hold” rating for the company in a research note on Friday, August 7th. B. Riley Financial decreased their price target on Microchip Technology from $108.00 to $98.00 and set a “buy” rating on the stock in a report on Thursday, October 22nd. Weiss Ratings upgraded Microchip Technology from a “hold (c-)” rating to a “hold (c)” rating in a research report on Tuesday, August 11th. Finally, Citigroup dropped their price objective 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. Three analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $91.64.

Read Our Latest Stock Report on Microchip Technology

Microchip Technology Price Performance

NASDAQ MCHP opened at $58.35 on Friday. The business’s fifty day moving average price is $74.85 and its 200-day moving average price is $79.41. The stock has a market capitalization of $31.68 billion, a price-to-earnings ratio of 44.20, a PEG ratio of 0.40 and a beta of 1.84. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.92 and a quick ratio of 1.11. Microchip Technology has a 1-year low of $48.52 and a 1-year high of $105.91.

Microchip Technology (NASDAQ:MCHP – Get Free Report) last announced its earnings results on Thursday, November 5th. The semiconductor company reported $0.97 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.94 by $0.03. Microchip Technology had a net margin of 14.96% and a return on equity of 20.45%. The company had revenue of $1.62 billion during the quarter, compared to analyst estimates of $1.61 billion. During the same period in the previous year, the business posted $0.35 earnings per share. The firm’s quarterly revenue was up 42.2% compared to the same quarter last year. On average, equities analysts predict that Microchip Technology will post 3.20 earnings per share for the current year.

Insider Transactions at Microchip Technology

In related news, CFO James Bjornholt sold 4,112 shares of the stock in a transaction that occurred on Tuesday, August 25th. The stock was sold at an average price of $75.32, for a total value of $309,715.84. Following the transaction, the chief financial officer owned 28,573 shares of the company’s stock, valued at $2,152,118.36. This represents a 12.58% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.79% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Microchip Technology

Several hedge funds have recently modified their holdings of the business. MSH Capital Advisors LLC raised its position in shares of Microchip Technology by 6.3% in the 3rd quarter. MSH Capital Advisors LLC now owns 3,823 shares of the semiconductor company’s stock worth $297,000 after acquiring an additional 228 shares in the last quarter. Diversified Trust Co lifted its stake in shares of Microchip Technology by 77.4% during the 3rd quarter. Diversified Trust Co now owns 19,840 shares of the semiconductor company’s stock worth $1,543,000 after purchasing an additional 8,655 shares during the last quarter. Aberdeen Group plc lifted its stake in shares of Microchip Technology by 403.4% during the 3rd quarter. Aberdeen Group plc now owns 2,316,355 shares of the semiconductor company’s stock worth $180,143,000 after purchasing an additional 1,856,181 shares during the last quarter. Allworth Financial LP boosted its position in Microchip Technology by 18.8% during the third quarter. Allworth Financial LP now owns 12,342 shares of the semiconductor company’s stock valued at $960,000 after purchasing an additional 1,957 shares in the last quarter. Finally, Fisher Asset Management LLC boosted its position in Microchip Technology by 6.8% during the third quarter. Fisher Asset Management LLC now owns 3,615 shares of the semiconductor company’s stock valued at $281,000 after purchasing an additional 229 shares in the last quarter. Hedge funds and other institutional investors own 91.51% of the company’s stock.

Key Headlines Impacting Microchip Technology

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

Positive Sentiment: Fiscal Q2 EPS was $0.97 versus the $0.94 consensus, while revenue of $1.62 billion topped estimates and rose 42.2% year over year. Reports cited recovering industrial and data-center demand and improving margins as growth drivers. Zacks earnings report
Positive Sentiment: Microchip declared a quarterly dividend of $0.455 per share, equivalent to $1.82 annually and a reported yield of about 3.2%. The dividend may appeal to income-focused investors.
Neutral Sentiment: Several analysts still rate MCHP Buy or Overweight, and their revised targets remain above the cited $58.35 share price. However, the target reductions signal more cautious expectations.
Negative Sentiment: Management’s fiscal Q3 outlook is a key concern: revenue is forecast to range from 3% below to 1% above Q2, with non-GAAP EPS of $0.87–$0.95. The midpoint was reported below consensus; supply constraints and rising costs could limit near-term growth. Benzinga analyst coverage
Negative Sentiment: Analysts cut targets after the results, including Truist to $62 from $90 and Evercore ISI to $75 from $117. Citigroup lowered its target to $75 from $95 but kept a Buy rating; the broader reset in expectations may pressure shares despite generally higher remaining targets. Truist analyst recommendations Evercore ISI target update