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NASDAQ: MCHP
MICROCHIP TECHNOLOGY INC Stock Forecast, Predictions & Price Target

Buy MCHP

Analyst price target for MCHP

Based on 18 analysts offering 12 month price targets for MICROCHIP TECHNOLOGY INC.
Min Forecast
$70.00+15.55%
Avg Forecast
$101.94+68.28%
Max Forecast
$195.00+221.89%

Should I buy or sell MCHP stock?

Based on 18 analysts offering ratings for MICROCHIP TECHNOLOGY INC.
Strong Buy
Strong Buy
10 analysts 55.56%
Buy
3 analysts 16.67%
Hold
5 analysts 27.78%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

MCHP stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
B. Riley Securities
Top 1%
100
Strong BuyMaintains$78.00+28.76%2022-06-15
Anonymous
Morgan Stanley
Strong BuyMaintains$81.00+33.71%2022-06-10
BMO Capital
Top 19%
82
BuyMaintains$85.00+40.31%2022-05-10
Needham
Top 3%
98
BuyMaintains$90.00+48.56%2022-05-10
KeyBanc
Bottom 7%
7
Strong BuyMaintains$85.00+40.31%2022-05-10
Wells Fargo
Top 25%
76
HoldMaintains$70.00+15.55%2022-05-10
Mizuho
Top 7%
94
HoldMaintains$72.00+18.85%2022-05-10
Citigroup
Top 8%
93
HoldMaintains$72.00+18.85%2022-05-10
Truist Securities
Top 15%
86
Strong BuyMaintains$79.00+30.41%2022-04-08
Goldman Sachs
Top 22%
79
HoldDowngrades$79.00+30.41%2022-03-28

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Forecast return on equity

Is MCHP forecast to generate an efficient return?
Company
48.16%
Industry
35.88%
Market
32.14%
MCHP's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is MCHP forecast to generate an efficient return on assets?
Company
17.53%
Industry
20.36%
MCHP is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

MCHP earnings per share forecast

What is MCHP's earnings per share in the next 3 years based on estimates from 10 analysts?
Avg 1 year Forecast
$5.14+120.6%
Avg 2 year Forecast
$5.36+130.04%
Avg 3 year Forecast
$5.12+119.74%
MCHP's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

MCHP revenue forecast

What is MCHP's revenue in the next 3 years based on estimates from 9 analysts?
Avg 1 year Forecast
$7.9B+15.88%
Avg 2 year Forecast
$8.1B+19.43%
Avg 3 year Forecast
$8.1B+18.61%
MCHP's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

MCHP earnings growth forecast

How is MCHP forecast to perform vs Semiconductors companies and vs the US market?
Company
31.85%
Industry
18.19%
Market
15.6%
MCHP's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
MCHP's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
MCHP's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

MCHP revenue growth forecast

How is MCHP forecast to perform vs Semiconductors companies and vs the US market?
Company
6.47%
Industry
11.11%
Market
9.36%
MCHP's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
MCHP's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

MCHP vs Semiconductor Stocks

TickerPricePrice TargetUp/downsideConsensus
MCHP$60.58$101.94+68.28%Strong Buy
STM$33.84$62.00+83.22%Hold
MRVL$48.22$85.75+77.83%Strong Buy
NXPI$159.32$222.40+39.59%Buy
GFS$45.89$79.81+73.91%Strong Buy

MICROCHIP TECHNOLOGY Stock Forecast FAQ

Is MICROCHIP TECHNOLOGY Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 18 Wall Street analysts covering (NASDAQ: MCHP) stock is to Strong Buy MCHP stock.

Out of 18 analysts, 10 (55.56%) are recommending MCHP as a Strong Buy, 3 (16.67%) are recommending MCHP as a Buy, 5 (27.78%) are recommending MCHP as a Hold, 0 (0%) are recommending MCHP as a Sell, and 0 (0%) are recommending MCHP as a Strong Sell.

What is MCHP's earnings growth forecast for 2023-2025?

(NASDAQ: MCHP) MICROCHIP TECHNOLOGY's forecast annual earnings growth rate of 31.85% is forecast to beat the US Semiconductors industry's average forecast earnings growth rate of 18.19%, and and it is also forecast to beat the US market's average forecast earnings growth rate of 15.6%.

MICROCHIP TECHNOLOGY's earnings in 2022 is $1,285,500,000.On average, 10 Wall Street analysts forecast MCHP's earnings for 2023 to be $2,850,136,682, with the lowest MCHP earnings forecast at $2,778,051,513, and the highest MCHP earnings forecast at $2,905,586,812. On average, 9 Wall Street analysts forecast MCHP's earnings for 2024 to be $2,972,126,968, with the lowest MCHP earnings forecast at $2,639,426,188, and the highest MCHP earnings forecast at $3,327,007,800.

In 2025, MCHP is forecast to generate $2,839,046,656 in earnings, with the lowest earnings forecast at $2,794,686,552 and the highest earnings forecast at $2,883,406,760.

What is MCHP's revenue growth forecast for 2023-2025?

(NASDAQ: MCHP) MICROCHIP TECHNOLOGY's forecast annual revenue growth rate of 6.47% is not forecast to beat the US Semiconductors industry's average forecast revenue growth rate of 11.11%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 9.36%.

MICROCHIP TECHNOLOGY's revenue in 2022 is $6,820,900,000.On average, 9 Wall Street analysts forecast MCHP's revenue for 2023 to be $4,382,678,464,966, with the lowest MCHP revenue forecast at $4,315,683,617,900, and the highest MCHP revenue forecast at $4,455,639,746,020. On average, 9 Wall Street analysts forecast MCHP's revenue for 2024 to be $4,516,929,883,712, with the lowest MCHP revenue forecast at $4,106,636,627,800, and the highest MCHP revenue forecast at $4,900,516,139,010.

In 2025, MCHP is forecast to generate $4,486,084,639,897 in revenue, with the lowest revenue forecast at $4,397,533,554,793 and the highest revenue forecast at $4,574,635,725,000.

What is MCHP's forecast return on assets (ROA) for 2023-2025?

(NASDAQ: MCHP) forecast ROA is 17.53%, which is lower than the forecast US Semiconductors industry average of 20.36%.

What is MCHP's Price Target?

According to 18 Wall Street analysts that have issued a 1 year MCHP price target, the average MCHP price target is $101.94, with the highest MCHP stock price forecast at $195.00 and the lowest MCHP stock price forecast at $70.00.

On average, Wall Street analysts predict that MICROCHIP TECHNOLOGY's share price could reach $101.94 by Jun 15, 2023. The average MICROCHIP TECHNOLOGY stock price prediction forecasts a potential upside of 68.28% from the current MCHP share price of $60.58.

What is MCHP's Earnings Per Share (EPS) forecast for 2023-2025?

(NASDAQ: MCHP) MICROCHIP TECHNOLOGY's current Earnings Per Share (EPS) is $2.33. On average, analysts forecast that MCHP's EPS will be $5.14 for 2023, with the lowest EPS forecast at $5.01, and the highest EPS forecast at $5.24. On average, analysts forecast that MCHP's EPS will be $5.36 for 2024, with the lowest EPS forecast at $4.76, and the highest EPS forecast at $6.00. In 2025, MCHP's EPS is forecast to hit $5.12 (min: $5.04, max: $5.20).

What is MCHP's forecast return on equity (ROE) for 2023-2025?

(NASDAQ: MCHP) forecast ROE is 48.16%, which is considered strong.
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