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NASDAQ: MCHP
Microchip Technology Inc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for MCHP

Based on 10 analysts offering 12 month price targets for Microchip Technology Inc.
Min Forecast
$86.00+12.1%
Avg Forecast
$98.30+28.13%
Max Forecast
$110.00+43.38%

Should I buy or sell MCHP stock?

Based on 10 analysts offering ratings for Microchip Technology Inc.
Buy
Strong Buy
5 analysts 50%
Buy
1 analysts 10%
Hold
4 analysts 40%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their MCHP stock forecasts and price targets.

MCHP stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Rosenblatt
Top 5%
96
Strong BuyReiterates$110.00+43.38%2023-09-20
Needham
Top 2%
99
BuyReiterates$100.00+30.34%2023-08-07
Morgan Stanley
Top 7%
94
Strong BuyMaintains$101.00+31.65%2023-08-04
Susquehanna
Top 2%
99
Strong BuyMaintains$100.00+30.34%2023-08-04
Wells Fargo
Top 12%
89
HoldMaintains$90.00+17.31%2023-08-04
Mizuho
Top 1%
100
HoldMaintains$86.00+12.10%2023-08-04
Stifel Nicolaus
Top 7%
94
HoldMaintains$105.00+36.86%2023-07-20
Citigroup
Top 7%
94
HoldMaintains$92.00+19.92%2023-07-18
Truist Securities
Top 2%
99
Strong BuyMaintains$104.00+35.56%2023-07-14
KeyBanc
Top 5%
96
Strong BuyMaintains$95.00+23.83%2023-05-05

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Forecast return on equity

Is MCHP forecast to generate an efficient return?
Company
47.73%
Industry
4.05%
Market
28.66%
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
19.77%
Industry
1.64%
MCHP is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

MCHP earnings growth forecast

How is MCHP forecast to perform vs Semiconductors companies and vs the US market?
Company
8.63%
Industry
11.75%
Market
20.3%
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
-0.77%
Industry
-0.74%
Market
8.17%
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$76.72$98.30+28.13%Buy
ON$92.84$116.74+25.74%Strong Buy
STM$43.02$59.50+38.31%Strong Buy
MRVL$52.94$70.95+34.02%Strong Buy
NXPI$194.96$234.41+20.24%Buy
View Top Semiconductor Stocks

Microchip Technology Stock Forecast FAQ

Is Microchip Technology Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 10 Wall Street analysts covering (NASDAQ: MCHP) stock is to Buy MCHP stock.

Out of 10 analysts, 5 (50%) are recommending MCHP as a Strong Buy, 1 (10%) are recommending MCHP as a Buy, 4 (40%) are recommending MCHP as a Hold, 0 (0%) are recommending MCHP as a Sell, and 0 (0%) are recommending MCHP as a Strong Sell.

If you're new to stock investing, here's how to buy Microchip Technology stock.

What is MCHP's forecast return on equity (ROE) for 2024-2026?

(NASDAQ: MCHP) forecast ROE is 47.73%, which is considered strong.

What is MCHP's Price Target?

According to 10 Wall Street analysts that have issued a 1 year MCHP price target, the average MCHP price target is $98.30, with the highest MCHP stock price forecast at $110.00 and the lowest MCHP stock price forecast at $86.00.

On average, Wall Street analysts predict that Microchip Technology's share price could reach $98.30 by Sep 20, 2024. The average Microchip Technology stock price prediction forecasts a potential upside of 28.13% from the current MCHP share price of $76.72.

What is MCHP's forecast return on assets (ROA) for 2024-2026?

(NASDAQ: MCHP) forecast ROA is 19.77%, which is higher than the forecast US Semiconductors industry average of 1.64%.
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