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Microchip (MCHP) Stock Price & Analysis
MCHP Stock Chart & Stats
- Day’s Range
- $54.83 - $65.31
- 52-Week Range
- $48.52 - $105.91
- Previous Close
- $64.85
- Volume
- N/A
- Average Volume (3M)
- 12.64M
- Market Cap
- $35.21B
- Enterprise Value
- $55.33B
- Total Cash (Recent Filing)
- $457.00M
- Total Debt (Recent Filing)
- $5.55B
- Price to Earnings (P/E)
- 43.7
- Beta
- 2.19
- Next Earnings
- Feb 04, 2027 (Est.)
- EPS Estimate
- 0.91
- Last Dividend Ex-Date
- Aug 24, 2026
- Dividend Yield
- 3.12%
Bulls Say, Bears Say
Bulls Say
Broad-Based End-Market Growth
Growth across multiple end markets reduces dependence on any single application and supports a broader recovery base. Industrial design wins, automotive programs, and communications demand can extend product lifecycles and create recurring embedded content over several years.
Strong Cash Generation
Strong and improving free cash flow gives Microchip internal funding for product development, capacity actions, acquisitions, and debt reduction. Its close relationship to earnings also supports confidence that the current recovery is producing cash rather than relying mainly on accounting improvements.
Long-Lived Design-Win Pipeline
A growing set of advanced connectivity design wins can create durable revenue streams because embedded components often remain in customers’ products for many years. Increasing production penetration also offers future operating leverage as shipments scale from today’s small base.
Bears Say
Supply Constraints
Extended lead times and constrained foundry, OSAT, and internal-fab capacity prevent Microchip from converting bookings into near-term shipments. Persistent fulfillment limits can defer revenue, frustrate customers, and allow competitors to capture programs if constraints continue through coming quarters.
Margin Recovery Remains Incomplete
Lower utilization and rising supplier costs challenge the sustainability of Microchip’s historical margin profile. If pricing cannot offset cost inflation or factory absorption remains weak, operating leverage may be delayed and the recovery may generate less profit than revenue growth suggests.
Cyclical Earnings Exposure
Profitability remains materially below prior-cycle peaks, showing that Microchip’s earnings power is sensitive to semiconductor demand and utilization. A slower recovery or renewed downturn could therefore cause a disproportionate decline in margins, cash generation, and returns on equity.
Microchip News
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Microchip Stock Smart Score
Company Description
Microchip
Microchip Technology Incorporated creates, produces, and sells intelligent, interconnected, and secure embedded control solutions to customers throughout the Americas, Europe, and Asia. The company's core offerings include a range of microcontrollers, such as general-purpose 8-bit, 16-bit, and 32-bit models, as well as 32-bit embedded microprocessors. These specialized microcontrollers are designed for numerous applications across industries like automotive, industrial, computing, communications, lighting, power supplies, motor control, human-machine interfaces, security, and various wired and wireless connectivity needs. Beyond its processors, Microchip provides development tools that enable system designers to program its microcontroller and microprocessor units for specific tasks. Its product lineup also features Field-Programmable Gate Arrays (FPGAs) and a broad selection of analog, interface, mixed-signal, and timing components. This extensive category encompasses power management, linear, high-voltage, thermal management, discrete diodes and MOSFETs, radio frequency (RF), drivers, safety, security, USB, Ethernet, wireless, and other interface products. For compact device applications, the company supplies memory products such as serial EEPROM, serial and parallel flash, serial SRAM, and serial EERAM. A significant aspect of Microchip's business involves licensing its SuperFlash embedded flash and NVM technologies. These are provided to foundries, integrated device manufacturers, and design partners for use in manufacturing their own microcontrollers, gate arrays, RF, analog, and neuromorphic computing products that require integrated non-volatile memory. Moreover, Microchip delivers engineering services, along with wafer foundry, assembly, and test subcontracting manufacturing services. It also produces specialized timing systems, application-specific integrated circuits (ASICs), and aerospace products. Microchip Technology Incorporated was established in 1989 and is headquartered in Chandler, Arizona.
- Sector
- Technology
- Industry
- Semiconductors
- CEO
- Steve Sanghi
- Employees
- 17,900
- Website
- www.microchip.com
- Address
- 2355 West Chandler Boulevard, Chandler, AZ, 85224-6199, US
Microchip (MCHP) Earnings & Revenues
MCHP Company Deck
MCHP Earnings Call
Earnings Call SentimentPositive
The call was predominantly positive: the company reported strong year-over-year growth, broad-based end-market expansion, strong bookings and backlog, significant design-win momentum, healthy cash flow, and declining leverage. However, near-term execution is affected by extended lead times, capacity constraints, delayed high-margin shipments, lower December gross-margin guidance, supplier cost increases, and the nonrecurrence of approximately $53 million of September revenue. Management remained optimistic about the March quarter and longer-term growth while acknowledging uncertainty around data-center demand and near-term utilization.
View all MCHP earnings summariesMCHP Net sales Breakdown
- 49.98% Mixed-signal Microcontrollers
- 28.20% Analog
- 21.83% Other
MCHP Stock 12 Month Forecast
Average Price Target
Technical Analysis
Overall Consensus
| Indicator | Bullish | Neutral | Bearish |
|---|---|---|---|
| Overall Consensus | 7 | 1 | 14 |
| Technical Analysis | 7 | 1 | 2 |
| Moving Averages | 0 | 0 | 12 |












