MCHP|Analyst Targets
MCHP|Company Info
MCHP|Insider Trading
MCHP|Fundamentals
MCHP|Earnings Snapshot
EPS
| Qtr | Est | Actual | +/− |
|---|---|---|---|
| Q3'27 | $0.96 | - | - |
| Q2'27 | $0.95 | $0.97 | +2.3% |
| 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% |
Revenue
| Qtr | Est | Actual | +/− |
|---|---|---|---|
| Q3'27 | $1.7B | - | - |
| Q2'27 | $1.6B | $1.6B | -1.1% |
| Q4'26 | $1.3B | $1.3B | +1.7% |
| Q3'25 | - | $1.1B | - |
| Q2'25 | - | $1.1B | - |
| Q1'25 | - | $971M | - |
MCHP|Monthly Returns
Market Data
MCHP Stock Snapshot
- Market cap
- 40.91B
- P/E ratio
- 85.5
- Day range
- $55.71 – $67.00
- News sentiment
- 42/100 · Neutral
- Analyst target
- $105.92 (+88.7%)
- Consensus
- Buy · 35 analysts
Momentum is working in MCHP's favour - it ranks in the upper part of DailyIQ's momentum universe. Institutional coverage is thorough here, so shifts in analyst expectations show up in price quickly.
Reverse DCF
What growth is priced into MCHP?
At today's price, Microchip Technology Incorporated needs to grow free cash flow about 24.4% a year for 3 years, slowing to a long-run rate by year 10, to justify its valuation at a 11.28% cost of capital. Over the last five years its revenue has trended at -13.0% a year, so the market is asking for 37.3 percentage points above its own delivered rate. On that basis MCHP looks priced above what its own growth record supports.
- Implied FCF growth
- 24.4%
- Growth trend
- -13.0%
- Growth gap
- +37.3 pts
- Verdict
- RICH
- Discount rate (WACC)
- 11.28%
- Beta
- 1.77
Behaviour On Record
What MCHP's own history says about today's numbers
- Realized volatility (21d)
- 47.3% 85th pct
- Below its peak
- -29.1%
- vs 200-day average
- -7.1%
- Up days (1y)
- 47%
Microchip Technology Incorporated is currently running 47.3% 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 85th percentile — elevated for this stock, against a typical reading of 31.6%.
MCHP is trading -29.1% below its running peak. Across 13 full years on file, its median worst-drawdown-in-a-year was -25.2%, 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 -7.1% from its 200-day moving average. Against every other day in its history, that gap ranks at the 19th percentile — a narrower gap than it typically runs. Over the past year MCHP closed higher on 47% of sessions, and it is currently 2 sessions into a falling streak.
On November specifically: over 13 years of records, MCHP finished the month higher 8 of 13 times, with a median return of +4.0% and an average of +5.3%. Its strongest month historically has been May at +6.0% on average, its weakest March at -3.6%.
Overnight risk is measurable too: MCHP has opened more than 2% away from the prior close in 197 of 3,269 sessions (6.0% of the time), with the largest gaps running +9.4% and -7.2%.
All figures computed from 3,270 daily closes between 2013-11-06 and 2026-11-05, 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 Semiconductors sector, currently ranked 12th of 12 GICS sectors by relative-strength rotation score (lagging). Within its narrower Semiconductors industry group, MCHP ranks 15th of 15 tracked industries, lagging.
- Sector rank
- #12 of 12
- Sector state
- Lagging
- Sector rotation score
- 0
- Industry rank
- #15 of 15
Analyst Consensus Estimates
What do analysts expect MCHP to earn?
Analysts expect Microchip Technology Incorporated to earn $3.66 per share in the fiscal year ending Mar 2027 and $4.60 in the fiscal year ending Mar 2028, from 25 estimates. These are analyst forecasts, not company guidance, and later years rest on fewer analysts.
Revenue marked ~ is our calculation from the EPS estimate, not analyst consensus.
Analyst Rating Changes
Are analysts turning bullish or bearish on MCHP?
B. Riley Securities most recently reiterated its rating on Microchip Technology Incorporated to Buy on Oct 22, 2026 with a price target of $98 (from $108). Over the last 90 days, coverage has run 0 upgrades against 0 downgrades, a net mixed lean.
- Latest action
- B. Riley Securities: Buy
- 90-day upgrades
- 0
- 90-day downgrades
- 0
- Net rating momentum
- 0
Earnings Release, Scored
What did Microchip Technology Incorporated's latest earnings release say?
Most important lines
- 1
"The momentum from the start of fiscal 2027 continued in the September quarter, with broad-based growth across our end markets, driven by industrial and data center applications.
New this quarter - 2
Normal seasonality is for our revenue to be down sequentially 3% to 5% in the December quarter.
New this quarterNegative tone - 3
Our guidance of down 1% at the midpoint needs to be considered with the fact that we had about $53 million of infrequent revenue items in the September quarter which do not repeat in the December quarter.
New this quarterNegative tone
Peers & ETF holders
MCHP peers & ETF holders
SemiconductorsMarket cap · today
News & sentiment
What is the news saying about MCHP?
MCHP fell 31.1% over the month to Nov 6. News tone held between 48 and 100 from Oct 6 to Oct 16, then dropped to 64 on Oct 19.
- Oct 27 +5.7%same day: Microchip Achieves Key Program Milestones for its PIC64-HPSC Spaceflight Computing Series
- Nov 5 -13.9%same day: Microchip Technology Announces Quarterly Cash Dividend on Common Stock of 45.5 Cents Per Share
- Nov 6 -13.6%same day: Microchip Technology Q2 Earnings Call Highlights
Technical analysis
How strong is MCHP's momentum right now?
On the daily chart MCHP ranks at the 77th percentile for momentum against 1,060 stocks and ETFs, a bullish reading.
Institutional ownership
Are big funds buying or selling MCHP?
121 of the 224 tracked managers added to MCHP in their latest 13F and 99 trimmed. Together they own 67.5% of the company, worth $43.3B. BlackRock and Vanguard Capital Management alone hold 14.0%.
- 1BlackRock, Inc.8.97%$5.8B positionAdded 17.0% last quarter
- $3.2B positionAdded 0.7% last quarter
- $3.0B positionAdded 2.1% last quarter
- 4State Street Corp4.07%$2.6B positionAdded 2.9% last quarter
- 5Invesco Ltd.3.57%$2.3B positionAdded 123.0% last quarter
- $1.4B positionAdded 6.8% last quarter
- 7Boston Partners2.05%$1.3B positionTrimmed 1.5% last quarter
- 8Bank of America Corp1.68%$1.1B positionAdded 4.3% last quarter
- $985.0M positionTrimmed 7.2% last quarter
- $894.3M positionTrimmed 16.3% last quarter
Congressional trading
Is Congress trading MCHP?
8 members of Congress disclosed 14 MCHP trades between Jun 19, 2014 and Jun 30, 2026: 6 buys and 8 sells, about $210.0K in estimated value.
What stands out
Click one to highlight its trades in the chartDiscover more
How has MCHP done against its peers?
Over the six months to Nov 6, MCHP returned −45.9%. Of the 15 related stocks and ETFs, 13 did better, led by AMD at +6.0%.
- 1AMDAdvanced Micro Devices, Inc.up 6.0%+52.0 pts
- 2MUMicron Technology, Inc.up 3.8%+49.7 pts
- 3XLKTechnology Select Sector SPDR Funddown 2.7%+43.3 pts
- 4TXNTexas Instruments Incorporateddown 4.5%+41.5 pts
- 5QCOMQUALCOMM Incorporateddown 13.7%+32.3 pts
- 6SMHVanEck Semiconductor ETFdown 15.7%+30.3 pts
- 7NXPINXP Semiconductors N.V.down 18.1%+27.8 pts
- 8MRVLMarvell Technology Inc.down 19.2%+26.8 pts
- 14MCHPThis stockdown 45.9%
- 16SOXXiShares Semiconductor ETFdown 73.2%−27.2 pts
