Microchip Technology (NASDAQ:MCHP) Stock Price Expected to Rise, JPMorgan Chase & Co. Analyst Says

Microchip Technology (NASDAQ:MCHP) had its price objective upped by analysts at JPMorgan Chase & Co. from $85.00 to $95.00 in a research report issued to clients and investors on Friday,Benzinga reports. The firm presently has an “overweight” rating on the semiconductor company’s stock. JPMorgan Chase & Co.‘s price objective points to a potential upside of 24.99% from the company’s current price.

A number of other research analysts also recently commented on MCHP. Zacks Research upgraded Microchip Technology from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 26th. Mizuho increased their price objective on Microchip Technology from $83.00 to $90.00 and gave the stock an “outperform” rating in a report on Friday. Rosenblatt Securities raised their price objective on shares of Microchip Technology from $80.00 to $115.00 and gave the company a “buy” rating in a research report on Friday. Cantor Fitzgerald boosted their target price on shares of Microchip Technology from $85.00 to $100.00 and gave the stock an “overweight” rating in a research report on Monday. Finally, Wells Fargo & Company increased their price target on shares of Microchip Technology from $68.00 to $70.00 and gave the stock an “equal weight” rating in a research note on Friday. Three analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $86.27.

Microchip Technology Stock Down 2.6%

Shares of MCHP stock traded down $2.03 during trading on Friday, hitting $76.01. 13,946,608 shares of the company were exchanged, compared to its average volume of 9,708,471. The firm has a market capitalization of $41.08 billion, a price-to-earnings ratio of -168.90, a P/E/G ratio of 2.00 and a beta of 1.46. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.20 and a current ratio of 2.25. The business’s 50-day simple moving average is $69.54 and its 200 day simple moving average is $65.57. Microchip Technology has a twelve month low of $34.13 and a twelve month high of $81.43.

Microchip Technology (NASDAQ:MCHP) last issued its earnings results on Thursday, February 5th. The semiconductor company reported $0.44 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.43 by $0.01. Microchip Technology had a negative net margin of 4.39% and a positive return on equity of 5.21%. The company had revenue of $1.19 billion during the quarter, compared to analyst estimates of $1.19 billion. During the same quarter last year, the business posted $0.20 EPS. The company’s revenue for the quarter was up 15.6% on a year-over-year basis. Microchip Technology has set its Q4 2026 guidance at 0.480-0.520 EPS. As a group, analysts forecast that Microchip Technology will post 1.03 EPS for the current fiscal year.

Insider Activity at Microchip Technology

In other news, CEO Steve Sanghi sold 98,814 shares of the firm’s stock in a transaction on Wednesday, January 28th. The shares were sold at an average price of $80.55, for a total value of $7,959,467.70. Following the sale, the chief executive officer owned 9,922,319 shares in the company, valued at approximately $799,242,795.45. This trade represents a 0.99% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CFO James Eric Bjornholt sold 4,292 shares of the business’s stock in a transaction on Tuesday, November 25th. The stock was sold at an average price of $50.39, for a total transaction of $216,273.88. Following the transaction, the chief financial officer directly owned 30,089 shares in the company, valued at $1,516,184.71. This trade represents a 12.48% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 121,615 shares of company stock valued at $9,641,654 over the last three months. 1.94% of the stock is owned by company insiders.

Institutional Investors Weigh In On Microchip Technology

A number of institutional investors have recently added to or reduced their stakes in the company. Winnow Wealth LLC acquired a new position in Microchip Technology in the 3rd quarter valued at approximately $25,000. Root Financial Partners LLC bought a new stake in shares of Microchip Technology during the third quarter valued at approximately $28,000. Salomon & Ludwin LLC raised its stake in shares of Microchip Technology by 219.3% in the third quarter. Salomon & Ludwin LLC now owns 479 shares of the semiconductor company’s stock valued at $32,000 after purchasing an additional 329 shares in the last quarter. Quent Capital LLC acquired a new stake in Microchip Technology during the third quarter worth $32,000. Finally, E Fund Management Hong Kong Co. Ltd. increased its holdings in Microchip Technology by 106.8% in the 3rd quarter. E Fund Management Hong Kong Co. Ltd. now owns 517 shares of the semiconductor company’s stock valued at $33,000 after buying an additional 267 shares during the period. 91.51% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting Microchip Technology

Here are the key news stories impacting Microchip Technology this week:

• Positive Sentiment: Q3 results beat and management issued stronger Q4 EPS guidance (0.480–0.520), with revenue up ~15.6% YoY and improving margins — a fundamental beat that underpins the recovery narrative. GlobeNewswire: Financial Results
• Positive Sentiment: Several bullish analyst actions lifted the tone: Rosenblatt raised its target to $115 (buy), Mizuho to $90 (outperform), Needham to $84 (buy), and Citigroup keeps a buy rating at a $91 target — these higher targets signal upside expectations into the coming months. Benzinga: Analyst price target changes
• Positive Sentiment: Large unusual options activity — ~87,550 calls traded (big pickup versus average) — indicates some investors are betting on upside or event-driven moves ahead (bullish positioning).
• Positive Sentiment: Board declared a quarterly cash dividend of $0.455 per share (payable March 10), supporting income investors and signaling confidence in cash flow. GlobeNewswire: Dividend
• Neutral Sentiment: Strategic collaboration with Hyundai Motor Group to explore Single Pair Ethernet for automotive connectivity — constructive for long‑term automotive content wins but not an immediate revenue shock. GlobeNewswire: Hyundai collaboration
• Neutral Sentiment: Market commentary highlights a technical/turnaround thesis (MarketBeat piece) — positive framing for medium-term momentum but largely narrative‑driven rather than a fresh catalyst. MarketBeat: Analysis
• Negative Sentiment: Several analysts issued lower or conservative targets/ratings (Wells Fargo equal weight $70, Truist hold $68, TD Cowen lowered to $70) — these notes keep near‑term analyst support mixed and some targets sit below the current price. Benzinga: Analyst downgrades/targets TipRanks: TD Cowen note
• Negative Sentiment: Coverage flagged supply‑chain/memory constraints and reports that a profit forecast may fall below some Street expectations — a headline driver that can pressure sentiment despite the beat. Reuters: Memory shortages / profit forecast
• Negative Sentiment: Despite the beat, some headlines noted shares fell after results — investors focused on cautionary commentary and mixed analyst notes rather than the quarterly beat alone. Zacks: Shares drop despite beat

Microchip Technology Company Profile

Microchip Technology Inc is a semiconductor company headquartered in Chandler, Arizona, that designs, develops and supplies a broad portfolio of embedded control and analog semiconductors. Its product lineup centers on microcontrollers (including the well-known PIC family), digital signal controllers and associated development tools and software, along with a range of mixed-signal and analog devices, nonvolatile memory, power management, timing, interface, wireless and security products. The company also provides integrated hardware and software solutions intended to simplify embedded design and accelerate time to market for OEMs and contract manufacturers.

Microchip’s products are used across a wide range of end markets, including automotive, industrial automation, consumer electronics, communications, aerospace and defense, and Internet of Things (IoT) applications.