Microchip Technology Incorporated (MCHP) Stock Price, News, Analysis

Technical Score (1D)

SELL

News Sentiment

BULLISH

The most recent development is the AnalogAI partnership, in which Microchip’s memBrain SAGE IP is being used for low‑power, real‑time AI inference on edge devices. This deal places MCHP directly in the high‑growth neuromorphic and edge‑AI segment, a space where competitors such as Texas Instruments and NXP already have a foothold. By adding this licensing revenue stream, MCHP can now tap into a market that has shown strong demand, as evidenced by its $42.6 million licensing income in Q1 FY27. The partnership is expected to diversify MCHP’s revenue mix beyond traditional analog products, potentially increasing its share of the emerging low‑power inference market. Investors will likely view MCHP as a more diversified player, reducing reliance on legacy analog solutions. Over the next 1–10 trading days, analysts will focus on how quickly AnalogAI can commercialize the memBrain SAGE IP and whether the partnership translates into tangible sales. Watch for any announcements of additional licensing agreements or early revenue figures from AnalogAI that could confirm the partnership’s financial impact. Also monitor any shifts in MCHP’s quarterly guidance that reflect the new AI‑edge revenue potential. Finally, keep an eye on broader AI‑edge market trends, as increased demand could amplify the benefits of this deal for MCHP’s future earnings.

MCHP|Analyst Targets

LOW TARGET

$80 +9.2%

2 analysts

MEAN TARGET

$109 +48.3%

17 analysts

HIGH TARGET

$135 +84.3%

16 analysts

PRICE RANGE

$80.00 - $135.00

SB / B / H / S / SS

9/17/7/1/1

DAILYIQ EST.

$113.96 (+55.5%)

MCHP|Company Info

Sector

Technology

Industry

Semiconductors

Exchange

NMS

Country

United States

Website

microchip.com

Symbol

MCHP

Description

Microchip Technology Incorporated is a global provider of embedded control solutions, specializing in smart, connected, and secure technologies. The company's core business revolves around the design, manufacturing, and sale of a diverse portfolio of microcontrollers, microprocessors, and analog products. These offerings cater to a wide array of applications, including automotive, industrial, and communications sectors, among others. Microchip also provides memory products and licenses its proprietary non-volatile memory technologies to various partners. Headquartered in Arizona and established in 1989, the company's value proposition centers on empowering system designers with the tools and components needed to create innovative and integrated solutions.

MCHP|Insider Trading

Bought (1Y)

0 shares

Sold (1Y)

75,243 shares

$7.1M

Bunker Mathew BSR CORPORATE VP, OPERATIONS

Award/Grant53 shares2026-09-01

Krawczyk Joseph R IISR. CORP VP, WW CLIENT ENGMT

Award/Grant41 shares2026-09-01

Duvenhage StephanusSr. Corp VP, Analog Bus Unit

Award/Grant123 shares2026-09-01

Bjornholt James EricSENIOR CORPORATE VP AND CFO

Sell4,112 shares2026-08-25

Barker Ellen-

Award/Grant2,557 shares2026-08-18

MCHP|Fundamentals

Bullish

Verdict: Bullish

✓Revenue growing year over year

✓Positive net margin

✓Positive operating cash flow

Gross Margin

57.7%

Net Margin

4.9%

Revenue CAGR

8.8%

Current Ratio

2.09x

Debt / Equity

0.85x

Return on Equity

3.6%

MCHP|Earnings Snapshot

Earnings Summary

Microchip Technology Incorporated is a global provider of embedded control solutions, specializing in smart, connected, and secure technologies that span automotive, industrial, and communications sectors, positioning it firmly within the semiconductor industry. In the most recent quarters, Microchip’s earnings showed a mixed trajectory: Q4 2024 EPS of $0.20 fell short of the $0.28 estimate while revenue reached $1.026 billion, and Q1 2025 EPS of $0.11 slightly exceeded the $0.104 estimate with revenue of $970.5 million; however, Q2 2025 EPS of $0.27 beat the $0.239 estimate and revenue climbed to $1.0755 billion, followed by Q3 2025 EPS of $0.35 beating the $0.334 estimate with revenue of $1.1404 billion. The pattern indicates a gradual acceleration in revenue growth and consistent EPS beats in the last three quarters, though the Q4 2024 miss highlights volatility. Historically, Microchip has maintained a YoY revenue growth trajectory, with Q4 2026 revenue of $1.3112 billion surpassing the $1.2887 billion estimate and EPS of $0.57 beating the $0.515 estimate, underscoring a trend of earnings outperformance relative to analyst expectations. The company’s recent news highlights a 13.2 % sequential rise in net sales and a 38 % YoY jump in Q1 2027, driven by data‑center revenue surges, and the launch of the Space CSAC‑SA65 atomic clock, signaling expansion into space and edge‑AI markets. These developments suggest that Microchip’s diversified product mix is reinforcing its growth momentum. Investors should watch for the next quarterly guidance to assess whether the upward revenue trend continues, monitor any supply‑chain constraints that could affect production, and track early adoption metrics for the new space‑grade timing and PolarFire FPGA products, as these will be key indicators of sustained earnings momentum.

Read full report

EPS

EstBeatMiss

Qtr	Est	Actual	+/−
Q2'27	$0.93	-	-
Q4'26	$0.52	$0.57	+10.6%
Q3'25	$0.33	$0.35	+4.9%
Q2'25	$0.24	$0.27	+13.2%
Q1'25	$0.10	$0.11	+5.3%
Q4'24	$0.28	$0.20	-28.2%

Revenue

EstBeatMiss

Qtr	Est	Actual	+/−
Q2'27	$1.6B	-	-
Q4'26	$1.3B	$1.3B	+1.7%
Q3'25	-	$1.1B	-
Q2'25	-	$1.1B	-
Q1'25	-	$971M	-
Q4'24	-	$1.0B	-

Full Earnings BreakdownEstimates, actuals, guidance, and historical context

→

MCHP|Monthly Returns

Market Data

MCHP Stock Snapshot

SELL14/100

$73.16−$0.12 (0.2%)

Market cap: 39.79B
P/E ratio: 83.2
Day range: $70.64 – $73.58
News sentiment: 65/100 · Bullish
Analyst target: $108.64 (+48.5%)
Consensus: Buy · 35 analysts

52-week range+50.9% off low · -33.5% from high

$48.47$110.00

Price $73.16 DailyIQ Est. $113.96

Microchip Technology Incorporated is trading in the lower half of its 52-week range with momentum still pointing lower. Institutional coverage is thorough here, so shifts in analyst expectations show up in price quickly.

Reverse DCF

What growth is priced into MCHP?

RICH

At today's price, Microchip Technology Incorporated needs to grow free cash flow about 46.5% a year for the next 10 years to justify its valuation at a 12.34% cost of capital. Over its actual history it has compounded free cash flow at 10.4% a year, so the market is asking for 36.1 percentage points above its own delivered rate. On that basis MCHP looks priced above what its own growth record supports.

Implied FCF growth: 46.5%
Historical FCF CAGR: 10.4%
Growth gap: +36.1 pts
Verdict: RICH
Discount rate (WACC): 12.34%
Beta: 1.74

Behaviour On Record

What MCHP's own history says about today's numbers

Realized volatility (21d): 32.9% 54th pct
Below its peak: -30.1%
vs 200-day average: -6.7%
Up days (1y): 46%

Microchip Technology Incorporated is currently running 32.9% annualised volatility over the last 21 sessions. Measured against MCHP's own 13 years of daily returns rather than a market-wide average, that is the 54th percentile — close to its own typical level, against a typical reading of 31.4%. The distinction matters because a number that looks calm for one stock is turbulent for another, and the absolute figure on its own tells you neither.

MCHP is trading -30.1% below its running peak. Across 12 full years on file, its median worst-drawdown-in-a-year was -24.7%, and the deepest was -47.9% in 2020. The current drawdown is already deeper than this stock's typical annual low point, which puts it in the part of its range where past recoveries began — and where past declines also continued.

Price sits -6.7% from its 200-day moving average. Against every other day in its history, that gap ranks at the 20th percentile — a narrower gap than it typically runs. Over the past year MCHP closed higher on 46% of sessions, and it is currently 2 sessions into a rising streak.

On September specifically: over 13 years of records, MCHP finished the month higher 5 of 13 times, with a median return of -1.1% and an average of -0.5%. Its strongest month historically has been May at +6.0% on average, its weakest March at -3.6%. Seasonality is a weak signal on its own — a decade is a small sample and regimes change — but it is a real distribution rather than a rule of thumb.

Overnight risk is measurable too: MCHP has opened more than 2% away from the prior close in 194 of 3,268 sessions (5.9% of the time), with the largest gaps running +9.4% and -7.2%. For anyone holding through an event, that rate is a better guide to overnight exposure than the intraday range.

All figures computed from 3,269 daily closes between 2013-09-20 and 2026-09-18, split-adjusted, recomputed daily. Percentiles are against MCHP's own 13-year history, not a peer group or index.

Sector Rotation

Is money rotating into or out of MCHP's sector?

Microchip Technology Incorporated sits in the Technology sector, currently ranked 1st of 11 GICS sectors by relative-strength rotation score (leading). Within its narrower Semiconductors industry group, MCHP ranks 2nd of 15 tracked industries, leading.

Sector rank: #1 of 11
Sector state: Leading
Sector rotation score: 90
Industry rank: #2 of 15

Options Market

What is the options market pricing for MCHP?

CallsPuts

For Microchip Technology Incorporated's nearest expiry (2026-09-25, 6 days out), open interest is call-heavy, a bullish tilt (put/call ratio of 0.34), with at-the-money implied volatility around 46.1%. The options market is pricing roughly a ±5.9% move by that expiry — a range of about $68.77–$77.45.

Put/call ratio (2026-09-25): 0.34
ATM implied volatility: 46.1%
Total open interest: 14,142
Expected move by 2026-09-25: ±5.9% ($68.77–$77.45)

Analyst Rating Changes

Are analysts turning bullish or bearish on MCHP?

BMO Capital most recently initiated coverage on Microchip Technology Incorporated to Outperform on Aug 21, 2026 with a price target of $95. Over the last 90 days, coverage has run 0 upgrades against 0 downgrades, a net mixed lean.

Latest action: BMO Capital — Outperform
90-day upgrades: 0
90-day downgrades: 0
Net rating momentum: 0

Date	Firm	Action	Rating	Price target
Aug 21, 2026	BMO Capital	Initiated	Outperform	$95
Aug 17, 2026	Cantor Fitzgerald	Reiterated	Overweight	$125
Aug 7, 2026	UBS	Maintained	Buy	$130 → $120
Aug 7, 2026	Citigroup	Maintained	Buy	$113 → $95
Aug 7, 2026	Truist Securities	Maintained	Hold	$105 → $90
Aug 7, 2026	Rosenblatt	Maintained	Buy	$120
Aug 3, 2026	Cantor Fitzgerald	Reiterated	Overweight	$125
Jul 20, 2026	Wells Fargo	Maintained	Equal-Weight	$95 → $88
Jul 13, 2026	TD Cowen	Maintained	Hold	$105 → $90
May 13, 2026	Cantor Fitzgerald	Reiterated	Overweight	$125
May 11, 2026	Barclays	Maintained	Equal-Weight	$80 → $105
May 8, 2026	UBS	Maintained	Buy	$115 → $130

MCHP Competitive Positioning

Microchip Technology Incorporated (MCHP) is tracked alongside these names in Semiconductors on DailyIQ — ranked by market cap, with today's move alongside.

MCHPyou're hereMicrochip Technology Incorporated$39.8B-0.16%
TSMTaiwan Semiconductor Manufacturing$2.25T-0.26%
AMDAdvanced Micro Devices, Inc.$836.6B-0.41%
CBRSCerebras Systems, Inc.$43.7B+0.08%
ONON Semiconductor Corporation$25.9B+0.93%
SWKSSkyworks Solutions, Inc.$13.7B+0.12%

Held by These ETFs

MCHP is a top holding in these ETFs tracked on DailyIQ — bar length shows portfolio weight.

News Sentiment Analysis

Sentiment gathered from recent headlines

65/100

Strong NegativeNeutralStrong Positive

MODERATELY BULLISH

Recent News Coverage

Most recent articles, ranked by recency (click to expand).

10+ articles

What did this article say?

Microchip Technology has been chosen by AnalogAI to provide its memBrain SAGE neuromorphic IP for edge AI processors targeting adaptive robots, drones and vehicles. The partnership emphasizes compute‑in‑memory technology for training and inference in low‑power, real‑world AI systems. This collaboration expands Microchip’s presence in the edge AI market and complements its existing embedded control solutions.

What did this article say?

Microchip Technology (MCHP) has secured a new licensing agreement with AnalogAI for its memBrain SAGE IP, expanding its presence in ultra‑low‑power edge AI processors for robotics, drones and vehicles. The deal follows a 28% YoY increase in technology‑licensing revenue to $42.6 million in Q1 FY27, underscoring growing demand for MCHP’s IP across embedded and intelligent‑edge markets. The partnership positions MCHP to capture a larger share of the rapidly expanding edge‑AI segment and supports continued revenue growth in its licensing business.

What did this article say?

Microchip Technology’s Silicon Storage Technology (SST) subsidiary has supplied its memBrain™ SAGE neuromorphic IP to AnalogAI for the company’s first real‑world edge AI processors. The partnership enables AnalogAI to embed on‑device training and inference within a single hardware platform, potentially accelerating deployment in autonomous and industrial applications. The collaboration signals a growing demand for Microchip’s analog AI solutions and could broaden the customer base for SST’s IP portfolio.

What did this article say?

Microchip Technology (MCHP) is positioned for an extended growth cycle driven by AI data center investments and aerospace & defense expansion. Analysts project data center sales to exceed $1B by CY26, with enterprise inference adoption as a key catalyst. The company’s valuation and margin expansion make it an attractive entry point, despite supply chain constraints. Traders should watch the actual data center revenue trajectory and any supply chain disruptions that could affect production.

What did this article say?

During Citi’s 2026 Global TMT Conference, Microchip Technology’s CFO Eric Bjornholt confirmed the company’s continued momentum, reporting six consecutive quarters of above‑seasonal growth. The CFO emphasized strong demand in the automotive and industrial segments, noting that the company’s diversified product portfolio is sustaining its revenue expansion. While the remarks were upbeat, they did not signal a material shift in guidance or a new strategic initiative, suggesting a steady but not transformative outlook. Investors should monitor how the company’s earnings trajectory aligns with the stated growth narrative and watch for any updates on supply‑chain constraints that could impact delivery timelines.

What did this article say?

Microchip has introduced single‑chip 1.2V clock buffers that translate higher‑voltage signals for use in modern FinFET‑based FPGAs, SoCs, AI accelerators and CPUs. The new solution addresses a growing need for low‑voltage clock drivers as designers move to advanced process nodes. By simplifying interconnection and reducing board space, the buffers could boost adoption of Microchip’s high‑performance logic devices. The product launch signals a modest upside for the company’s logic portfolio, though the impact on revenue is currently limited to niche high‑end markets.

What did this article say?

Microchip Technology (MCHP) has lagged the S&P 500 over the past year, yet analysts maintain a bullish stance on the company. The underperformance is attributed to broader market volatility rather than company fundamentals. Investors should note that the positive outlook is based on expected growth in semiconductor demand and strong earnings guidance. The company’s recent product launches and supply chain improvements support this view. However, the lagging stock price suggests caution for short‑term traders.

What did this article say?

Microchip Technology (MCHP) has partnered with automotive supplier Marelli to launch a new ASA Motion Link‑based solution that streams graphics and video from a vehicle’s central computer directly to displays. The open‑standard approach aims to simplify integration for automakers and reduce reliance on proprietary interfaces. The collaboration positions MCHP as a key enabler in the growing software‑defined vehicle ecosystem, potentially expanding its automotive video‑processing portfolio.

What did this article say?

Microchip Technology (MCHP) and partner Marelli have introduced a new open‑standard display connectivity solution built around MCHP’s VS7000 ASA‑ML chipset. The system supports data rates up to 16 Gbps, link‑layer authentication, encryption, and lossless communication, enabling multiple suppliers to interoperate on a single standard. This move positions MCHP as a key enabler for future vehicle infotainment and advanced driver‑assist systems, potentially expanding its market share in automotive electronics.

What did this article say?

Microchip Technology (MCHP) and automotive supplier Marelli have jointly unveiled an ASA Motion Link (ASA‑ML) based solution that streams graphics and video from a vehicle’s central computer directly to displays. The open‑standard approach promises easier integration for OEMs and could reduce component count and cost. The announcement signals MCHP’s continued push into automotive connectivity, potentially expanding its market share in the growing software‑defined vehicle segment.

Technical Analysis

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Institutional & Hedge Fund Ownership

25 tracked managers · $22.90B combined position · 19 adding, 5 trimming, 1 unchanged (latest 13F filings)

Manager	Trend	Shares Held	% of Co.	Position Value	Filed
BlackRock, Inc.	▲ Buy	91,652,596	16.85%	$6.00B	2026-08-07
Vanguard Group Inc	▲ Buy	73,506,339	13.52%	$4.68B	2026-01-29
Invesco Ltd.	▲ Buy	111,820,931	20.56%	$2.41B	2026-08-14
Geode Capital Management, LLC	▲ Buy	15,540,542	2.86%	$1.41B	2026-08-12
Bank of America Corp	▲ Buy	19,154,185	3.52%	$1.12B	2026-08-14
Morgan Stanley	▼ Sell	15,112,330	2.78%	$829.80M	2026-08-13
Norges Bank	▼ Sell	9,079,462	1.67%	$828.05M	2026-08-12
Susquehanna International Group, LLP	▼ Sell	9,079,710	1.67%	$828.01M	2026-08-14
Goldman Sachs Group Inc	▼ Sell	7,819,130	1.44%	$712.57M	2026-08-14
Citadel Advisors LLC	• Hold	9,476,182	1.74%	$621.77M	2026-09-02
JPMorgan Chase & Co	▲ Buy	42,169,500	7.75%	$541.51M	2026-08-12
Northern Trust Corp	▲ Buy	5,722,701	1.05%	$521.91M	2026-08-13
Citigroup Inc	▲ Buy	8,853,881	1.63%	$420.54M	2026-08-03
Wellington Management Group LLP	▲ Buy	19,509,407	3.59%	$406.44M	2026-08-14
Two Sigma Investments, LP	▲ Buy	2,673,122	0.49%	$233.02M	2026-08-14
AQR Capital Management LLC	▲ Buy	2,239,669	0.41%	$199.22M	2026-08-14
FMR LLC (Fidelity)	▲ Buy	22,207,342	4.08%	$169.49M	2026-08-13
Wells Fargo & Company	▲ Buy	1,847,651	0.34%	$168.12M	2026-08-14
D. E. Shaw & Co., Inc.	▲ Buy	11,680,336	2.15%	$163.96M	2026-08-14
Man Group plc	▲ Buy	6,601,076	1.21%	$126.75M	2026-08-14
Millennium Management LLC	▼ Sell	11,250,075	2.07%	$125.02M	2026-08-14
Marshall Wace, LLP	▲ Buy	1,129,729	0.21%	$103.03M	2026-08-13
Renaissance Technologies LLC	▲ Buy	1,045,956	0.19%	$95.39M	2026-08-13
Neuberger Berman Group LLC	▲ Buy	983,947	0.18%	$89.74M	2026-08-13
Davidson Kempner Capital Management LP	▲ Buy	77,955,000	14.33%	$85.70M	2026-08-14

Q2 2026 flow:114.47M sh bought ($3.20B)25.47M sh sold ($624.75M)net +89.00M sh (+$2.58B)

Congressional Trading Activity

4 disclosed trades · ~$56.5K est. traded value · 2 buys, 2 sells

Member	Chamber	State	Type	Amount	Traded	Filed
Gilbert Cisneros	House	CA31	▲ Buy	$1K - $15K	2026-06-30	2026-07-02
Rob Bresnahan	House	PA08	▲ Buy	$1K - $15K	2025-04-08	2025-05-08
Jefferson Shreve	House	IN06	▼ Sell	$15K - $50K	2025-04-07	2025-05-08
Julie Johnson	House	TX32	▼ Sell	$1K - $15K	2025-02-05	2025-03-12

MCHP·Microchip Technology Incorporated

EPS

Revenue

MCHP Stock Snapshot

What growth is priced into MCHP?

What MCHP's own history says about today's numbers

Is money rotating into or out of MCHP's sector?

What is the options market pricing for MCHP?

Are analysts turning bullish or bearish on MCHP?

MCHP Competitive Positioning

Held by These ETFs

News Sentiment Analysis

Recent News Coverage

Technical Analysis

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News Sentiment Analysis

Recent News Coverage

Technical Analysis

Real-time indicators across multiple timeframes

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MCHP·Microchip Technology Incorporated

EPS

Revenue

MCHP Stock Snapshot

What growth is priced into MCHP?

What MCHP's own history says about today's numbers

Is money rotating into or out of MCHP's sector?

What is the options market pricing for MCHP?

Are analysts turning bullish or bearish on MCHP?

MCHP Competitive Positioning

Held by These ETFs

News Sentiment Analysis

Recent News Coverage

Technical Analysis

Real-time indicators across multiple timeframes

Discover More

News Sentiment Analysis

Recent News Coverage

Technical Analysis

Real-time indicators across multiple timeframes

Discover More

Market Status

Recently Viewed

Portfolio

Email Alerts

Portfolio News

Economic Events

Earnings Events

Economic News