Microchip (MCHP) Stock Forecast, Price Target & Predictions
MCHP Stock Forecast
Microchip (MCHP) stock forecast, based on 15 Wall Street analysts, predicts a 12-month average price target of $85.13, with a high of $95.00 and a low of $58.00. This represents a 59.12% increase from the last price of $53.50.
MCHP Stock Rating
Microchip stock's rating consensus is Buy, based on 15 Wall Street analysts. The breakdown includes 1 Strong Buy (6.67%), 10 Buy (66.67%), 4 Hold (26.67%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).
Buy
MCHP Price Target Upside V Benchmarks
Type | Name | Upside |
---|---|---|
Stock | Microchip | 59.12% |
Sector | Technology Stocks | 13.91% |
Idea | Semiconductor Stocks List | 16.56% |
Price Target Trends
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | 1 | 7 | 16 |
Avg Price Target | $58.00 | $84.14 | $90.13 |
Last Closing Price | $53.50 | $53.50 | $53.50 |
Upside/Downside | 8.41% | 57.27% | 68.47% |
Ratings Trends
Date | Strong Buy | Buy | Hold | Sell | Strong Sell | Total |
---|---|---|---|---|---|---|
Feb, 25 | 6 | 13 | 6 | - | - | 25 |
Jan, 25 | 6 | 13 | 7 | - | - | 26 |
Dec, 24 | 5 | 13 | 8 | - | - | 26 |
Nov, 24 | 6 | 13 | 10 | - | - | 29 |
Oct, 24 | 6 | 13 | 10 | - | - | 29 |
Analyst Price Target Forecasts
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Feb 04, 2025 | Joseph Moore | Morgan Stanley | $58.00 | $52.60 | 10.27% | 8.41% |
Dec 03, 2024 | Weston Twigg | KeyBanc | $90.00 | $70.31 | 28.00% | 68.22% |
Nov 06, 2024 | William Stein | Truist Financial | $71.00 | $74.41 | -4.58% | 32.71% |
Nov 06, 2024 | Rajvindra Gill | Needham | $85.00 | $74.41 | 14.23% | 58.88% |
Nov 06, 2024 | Mark Lipacis | Evercore ISI | $95.00 | $74.41 | 27.67% | 77.57% |
Nov 06, 2024 | Weston Twigg | KeyBanc | $95.00 | $74.41 | 27.67% | 77.57% |
Nov 06, 2024 | Melissa Fairbanks | Raymond James | $95.00 | $74.41 | 27.67% | 77.57% |
Oct 18, 2024 | Vijay Rakesh | Mizuho Securities | $95.00 | $76.58 | 24.05% | 77.57% |
Sep 23, 2024 | William Stein | Truist Financial | $80.00 | $77.01 | 3.88% | 49.53% |
Aug 21, 2024 | Christopher Danely | Citigroup | $92.00 | $80.28 | 14.60% | 71.96% |
Analyst Rating Forecasts
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Dec 03, 2024 | KeyBanc | Overweight | Overweight | hold |
Dec 03, 2024 | Citigroup | Buy | Buy | hold |
Nov 06, 2024 | Evercore ISI | Outperform | Outperform | hold |
Nov 06, 2024 | KeyBanc | Overweight | Overweight | hold |
Oct 21, 2024 | Truist Financial | Underperform | Underperform | hold |
Oct 21, 2024 | William Blair | Buy | Buy | hold |
Sep 23, 2024 | William Blair | Buy | Buy | hold |
Aug 21, 2024 | Citigroup | Buy | Buy | hold |
Aug 16, 2024 | Piper Sandler | Neutral | Overweight | upgrade |
Aug 02, 2024 | Cowen & Co. | Hold | Hold | hold |
Financial Forecast
EPS Forecast
Annual
Mar 20 | Mar 21 | Mar 22 | Mar 23 | Mar 24 | Mar 25 | Mar 26 | Mar 27 | |
---|---|---|---|---|---|---|---|---|
Reported | $1.19 | $0.67 | $2.33 | $4.07 | $3.52 | - | - | - |
Avg Forecast | $2.76 | $3.23 | $4.55 | $6.00 | $4.93 | $1.57 | $2.19 | $3.43 |
High Forecast | $2.46 | $2.89 | $4.06 | $5.47 | $4.92 | $1.49 | $1.76 | $2.34 |
Low Forecast | $3.19 | $3.74 | $5.26 | $6.75 | $4.94 | $1.65 | $3.18 | $4.24 |
Surprise % | -56.88% | -79.26% | -48.79% | -32.17% | -28.60% | - | - | - |
Revenue Forecast
Annual
Mar 20 | Mar 21 | Mar 22 | Mar 23 | Mar 24 | Mar 25 | Mar 26 | Mar 27 | |
---|---|---|---|---|---|---|---|---|
Reported | $5.27B | $5.44B | $6.82B | $8.44B | $7.63B | - | - | - |
Avg Forecast | $5.27B | $5.43B | $6.79B | $8.43B | $7.64B | $4.54B | $5.09B | $6.37B |
High Forecast | $4.83B | $4.98B | $6.23B | $7.86B | $7.63B | $4.47B | $4.65B | $6.30B |
Low Forecast | $5.90B | $6.08B | $7.61B | $9.24B | $8.37B | $4.72B | $5.57B | $6.44B |
Surprise % | 0.13% | 0.20% | 0.39% | 0.10% | -0.03% | - | - | - |
Net Income Forecast
Annual
Mar 20 | Mar 21 | Mar 22 | Mar 23 | Mar 24 | Mar 25 | Mar 26 | Mar 27 | |
---|---|---|---|---|---|---|---|---|
Reported | $570.60M | $349.40M | $1.29B | $2.24B | $1.91B | - | - | - |
Avg Forecast | $619.12M | $306.32M | $948.25M | $3.29B | $2.36B | $858.33M | $1.35B | $1.38B |
High Forecast | $495.30M | $245.05M | $758.60M | $3.00B | $1.88B | $814.87M | $962.56M | $1.28B |
Low Forecast | $742.95M | $367.58M | $1.14B | $3.70B | $2.83B | $901.79M | $1.74B | $2.32B |
Surprise % | -7.84% | 14.07% | 35.57% | -31.97% | -19.07% | - | - | - |