Microchip (MCHP)
NASDAQ:MCHP

Microchip Stock Forecast & Price Target

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See the Price Targets and Ratings of:

Analyst Rating Consensus

Moderate Buy
14Ratings
8 Buy
6 Hold
0 Sell
Based on 14 analysts giving stock ratings to
Microchip
in the past 3 months
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers​ in the past 3 months

MCHP Stock Price Prediction

Average Price Target

$82.46
▲(8.97% Upside)
Based on 14 Wall Street analysts offering 12 month price targets for Microchip in the last 3 months. The average price target is $82.46 with a high forecast of $125.00 and a low forecast of $62.00. The average price target represents a 8.97% change from the last price of $75.67.
Highest Price Target$125.00Average Price Target$82.46Lowest Price Target$62.00
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.

Detailed List of Analyst Forecasts​

Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
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Mizuho Securities
$72.00
Hold
-4.85%
Downside
Reiterated
Mizuho Securities Sticks to Their Hold Rating for Microchip (MCHP)
Wells Fargo
$65.00
Hold
-14.10%
Downside
Reiterated
Wells Fargo Remains a Hold on Microchip (MCHP)
Citigroup
$62.00
Hold
-18.07%
Downside
Reiterated
Microchip (MCHP) Receives a Hold from Citigroup
Stifel Nicolaus
Hold
Initiated
Jeffrey Gundlach says bonds are wickedly cheap compared to stocks and offers one way to get a 9% return without much riskMicrochip maker Micron Technology MU, -1.38% was downgraded to neutral at Mizuho and started at hold by Stifel.
Bank of America Securities
$82.00
Buy
8.37%
Upside
Reiterated
Microchip Technology (MCHP) PT Raised to $82 at BofA SecuritiesBofA Securities analyst Vivek Arya raised the price target on Microchip Technology (NASDAQ: MCHP) to $82.00 (from $74.00) while maintaining a Buy rating.
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MCHP Financial Forecast

MCHP Earnings Forecast
Next quarter’s earnings estimate for MCHP is $1.55 with a range of $1.50 to $1.56. The previous quarter’s EPS was $1.46. MCHP beat its EPS estimate 100.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 62.82% of the time in the same period. In the last calendar year MCHP has Outperformed its overall industry.
Next quarter’s earnings estimate for MCHP is $1.55 with a range of $1.50 to $1.56. The previous quarter’s EPS was $1.46. MCHP beat its EPS estimate 100.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 62.82% of the time in the same period. In the last calendar year MCHP has Outperformed its overall industry.
MCHP Sales Forecast
Next quarter’s sales forecast for MCHP is $2.16B with a range of $2.13B to $2.17B. The previous quarter’s sales results were $2.07B. MCHP beat its sales estimates 100.00% of the time in past 12 months, while its overall industry beat sales estimates 67.20% of the time in the same period. In the last calendar year MCHP has Outperformed its overall industry.
Next quarter’s sales forecast for MCHP is $2.16B with a range of $2.13B to $2.17B. The previous quarter’s sales results were $2.07B. MCHP beat its sales estimates 100.00% of the time in past 12 months, while its overall industry beat sales estimates 67.20% of the time in the same period. In the last calendar year MCHP has Outperformed its overall industry.
MCHP Analyst Recommendation Trends
In the current month, MCHP has received 8 Buy ratings 3 Hold ratings, and 0 Sell ratings. The MCHP average analyst price target in the past 3 months is $82.46
In the current month, MCHP has received 8 Buy ratings 3 Hold ratings, and 0 Sell ratings. The MCHP average analyst price target in the past 3 months is $82.46

MCHP Stock Forecast FAQ

What is MCHP’s average 12-month price target, according to analysts?
Based on analyst ratings, Microchip’s 12-month average price target is $82.46.
    What is MCHP’s upside potential, based on the analysts’ average price target?
    Microchip has 8.97% upside potential, based on the analysts’ average price target.
      Can I see which stocks the top-ranking analysts are rating?
      Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
        How can I follow the stock ratings of top Wall Street analysts?
        Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
          Is MCHP a Buy, Sell or Hold?
          Microchip has a conensus rating of Moderate Buy which is based on 8 buy ratings, 6 hold ratings and 0 sell ratings.
            What is Microchip’s price target?
            The average price target for Microchip is $82.46. This is based on 14 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
            The highest analyst price target is $125.00 ,the lowest forecast is $62.00. The average price target represents 8.97% Increase from the current price of $75.67.
              What do analysts say about Microchip?
              Microchip’s analyst rating consensus is a ‘Moderate Buy. This is based on the ratings of 14 Wall Streets Analysts.

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