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MCHP Overview

-
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

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High
84.750
Open
84.170
VWAP
82.83
Vol
2.93M
Mkt Cap
47.48B
Low
81.600
Amount
242.35M
EV/EBITDA(TTM)
41.86
Total Shares
542.08M
EV
51.14B
EV/OCF(TTM)
53.15
P/S(TTM)
9.78
Microchip Technology Incorporated is a provider of smart, connected, and secure embedded control solutions. The Company’s semiconductor products segment designs, develops, manufactures and markets mixed-signal microcontrollers, development tools and analog, interface, mixed-signal, timing, wired and wireless connectivity devices, and memory products. The Company's technology licensing segment includes sales and licensing of the Company's intellectual property. Its products include PIC64 Microprocessors, FPGAs, myMicrochip, MPLAB X IDE, Analog, and Microcontrollers. Its development tools include Atmel START and MPLAB Discover. Its manufacturing operations include wafer fabrication, wafer probe, assembly, and test. The Company’s solutions serve customers across the industrial, automotive, consumer, aerospace and defense, communications and computing markets. The Company markets and sells its products worldwide primarily through a network of direct sales personnel and distributors.
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Events Timeline

(ET)
2026-06-09
13:40:00
OpenAI Files for IPO with SEC
select
2026-06-04 (ET)
2026-06-04
07:30:00
Microchip Technology Receives Export License from U.S. Department of Commerce
select
2026-06-02 (ET)
2026-06-02
09:00:00
S&P 500 Futures Modestly Lower, HPE Shares Up 27%
select
2026-06-02
07:40:00
Microchip Launches XpressConnect PCIe 6.0 and CX 3.1 Retimers
select
2026-06-01 (ET)
2026-06-01
19:30:00
HPE Shares Rise 27.8% After Earnings Report
select
2026-06-01
16:20:00
Microchip Data Center Solutions Revenue Reaches $302.7 Million
select
2026-05-26 (ET)
2026-05-26
08:20:00
Microchip Technology Launches 3.3 kV HV-D3 mSiC Power Modules
select

News

NASDAQ.COM
4.5
07-06NASDAQ.COM
US Stocks Close Higher, Led by Tech Gains
  • Strong Market Performance: The S&P 500 rose by 0.72%, reaching a 2.5-week high, while the Dow Jones Industrial Average increased by 0.29%, setting a new all-time high, reflecting robust confidence in tech stocks and chipmakers.
  • Supportive Economic Data: The US June ISM services index stood at 54.0, meeting expectations, with the employment sub-index rising to 51.2, surpassing the anticipated 48.2, indicating ongoing economic expansion that may alleviate Fed rate hike pressures.
  • Optimistic Earnings Outlook: Bloomberg Intelligence forecasts a 23% increase in Q2 earnings, close to Q1's 30% surge, primarily driven by strong performance in AI infrastructure stocks, expected to contribute nearly 60% of earnings growth, further boosting market sentiment.
  • International Market Fluctuations: While US stocks rose, European markets generally declined, with Eurozone May retail sales increasing by only 0.2%, below the expected 0.3%, highlighting uneven global economic recovery that could impact investor confidence.
NASDAQ.COM
4.5
07-06NASDAQ.COM
Mixed Performance in US Stocks, Led by Chipmakers
  • Chipmaker Rally: Chipmakers and AI infrastructure stocks are leading the market today, with the iShares Semiconductor ETF (SOXX) up over 3%, and Advanced Micro Devices (AMD) and Western Digital (WDC) rising more than 9%, indicating a resurgence of confidence in tech stocks that could drive overall market gains.
  • Service Sector Expansion: The US June ISM services index fell to 54.0, meeting expectations, and although the pace of growth has slowed, the employment sub-index rose to 51.2, surpassing the expected 48.2, suggesting that companies are still hiring amid easing cost pressures, potentially supporting economic growth.
  • Strong Q2 Earnings Outlook: Bloomberg Intelligence forecasts a 23% increase in Q2 earnings, close to Q1's 30% growth, primarily driven by AI spending, which is expected to account for nearly 60% of S&P 500 earnings-per-share growth, providing an optimistic outlook for investors.
  • International Market Volatility: While US markets show positive performance, overseas markets are generally declining, with the Euro Stoxx 50 down 0.43%, reflecting global economic uncertainties that may impact investor sentiment.
Yahoo Finance
6.0
07-06Yahoo Finance
Microchip Technology Rated as Buy by Short Sellers
  • Buy Rating Maintained: On June 29, Vijay Rakesh of Mizuho Securities reaffirmed a Buy rating for Microchip Technology Inc (NASDAQ:MCHP) with a price target of $112, indicating a potential upside of 31%, which is just below the median analyst expectation of 41.8% on Wall Street.
  • Stock Underperformance: Despite a strong earnings report in May that propelled the stock to all-time highs, Microchip's stock has declined over 12% in the last month, reflecting market concerns about its future performance.
  • Index Reclassification Impact: Effective June 27, Microchip was reclassified from a value stock to a growth stock across the Russell 1000, 3000, and Midcap indexes, which could attract new funds and enhance liquidity for the stock.
  • Inventory and Margin Pressures: While the recent announcement of the TimePictra 12 platform and a US export license shows some positive developments, high inventory levels and margin pressures continue to pose risks to the stock price, necessitating careful risk assessment by investors.
NASDAQ.COM
4.5
07-06NASDAQ.COM
US Stocks Show Mixed Movement, Led by Chipmakers
  • Market Performance: The S&P 500 Index rose by 0.43% and the Nasdaq 100 Index increased by 1.17%, driven by strong performances from chipmakers and AI infrastructure stocks, reflecting heightened investor confidence in technology shares.
  • Oil Price Impact: WTI crude oil prices fell by 0.5% as Saudi Arabia and the UAE ramped up shipments to near pre-war levels, which eased inflation expectations and led to a 2 basis point drop in the 10-year T-note yield to 4.46%, providing support for the bond market.
  • Earnings Outlook: Bloomberg Intelligence forecasts a 23% increase in Q2 earnings, close to Q1's 30% growth, indicating that AI spending will be a major driver, expected to contribute nearly 60% to the S&P 500's earnings-per-share growth.
  • International Market Dynamics: European stock markets are generally down, with Eurozone May retail sales rising 0.2% month-over-month, below the expected 0.3%, while German May factory orders increased by 1.9%, exceeding the expected 1.1%, indicating a mixed economic recovery.
NASDAQ.COM
4.5
07-02NASDAQ.COM
Mixed Close for US Stocks as Chipmakers Continue to Decline
  • Market Divergence: On Thursday, the S&P 500 closed unchanged, while the Dow Jones Industrial Average rose 1.14% to a new all-time high, and the Nasdaq 100 fell 1.61%, indicating a split in market sentiment, particularly due to the ongoing weakness in chip stocks impacting the broader market.
  • Employment Data Impact: US nonfarm payrolls rose by 57,000 in June, significantly below the expected 113,000, although the unemployment rate unexpectedly fell to a one-year low of 4.2%, suggesting a stronger labor market than anticipated, which may influence the Fed's interest rate decisions.
  • Chipmaker Declines: Chipmakers faced another sell-off on Thursday, with the iShares Semiconductor ETF dropping over 5%, and SanDisk and KLA Corp falling more than 14% and 12%, respectively, reflecting growing market concerns over the sustainability of the AI buildout boom.
  • Oil Price Decline Impact: WTI crude oil prices fell to a fresh 4.25-month low as UAE ramped up shipments by 30% in June, restoring exports to pre-war levels, a trend that may further lower inflation expectations and affect market sentiment.
NASDAQ.COM
4.5
07-02NASDAQ.COM
Mixed Performance in US Stocks as Nasdaq Faces Pressure
  • Employment Data Impact: US nonfarm payrolls rose by 57,000 in June, significantly below the expected 113,000, with May's figures revised down to 129,000, indicating a slowdown in the labor market that could influence the Fed's interest rate decisions and suppress stock market performance.
  • Mixed Market Performance: The S&P 500 index is up 0.10% and the Dow Jones Industrial Average is up 0.85%, while the Nasdaq 100 index is down 0.92%, reflecting cautious sentiment towards tech stocks, particularly amid ongoing weakness in chipmakers and AI infrastructure stocks.
  • International Market Dynamics: Overseas stock markets are generally rising, with the Euro Stoxx 50 reaching a new record high, indicating global investor optimism about economic recovery, which may provide support for the US market.
  • Oil Price Fluctuations: WTI crude oil prices have fallen over 1% to a fresh 4.25-month low due to increased global supplies, with UAE ramping up shipments by 30% in June, which could impact the performance of energy-related stocks.
Wall Street analysts forecast MCHP stock price to rise
18 Analyst Rating
Wall Street analysts forecast MCHP stock price to rise
13 Buy
5 Hold
0 Sell
Moderate Buy
Current: 0.000
sliders
Low
60.00
Averages
77.47
High
95.00
Current: 0.000
sliders
Low
60.00
Averages
77.47
High
95.00
Morgan Stanley
Equal Weight
maintain
$94
AI Analysis
2026-06-02
Reason
Morgan Stanley
Price Target
$94
AI Analysis
2026-06-02
maintain
Equal Weight
Reason
Morgan Stanley notes that Microchip shares were up about 10% in after-hours trading after the company provided its first formal exclusive data center revenue breakout and announced selective pricing increases. The firm finds the strength \"surprising\" as the data center numbers are basically in-line with prior commentary, there was no change to June quarter guidance and the pricing increases \"appear defensive rather than offensive,\" the analyst tells investors. The firm maintains an Equal Weight rating and $94 price target on Microchip shares.
Barclays
Tom O'Malley
Equal Weight
maintain
$80 -> $105
2026-05-11
Reason
Barclays
Tom O'Malley
Price Target
$80 -> $105
2026-05-11
maintain
Equal Weight
Reason
Barclays analyst Tom O'Malley raised the firm's price target on Microchip to $105 from $80 and keeps an Equal Weight rating on the shares.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for MCHP
Unlock Now

Valuation Metrics

The current forward P/E ratio for Microchip Technology Inc (MCHP.O) is 27.32, compared to its 5-year average forward P/E of 27.16. For a more detailed relative valuation and DCF analysis to assess Microchip Technology Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
27.16
Current PE
27.32
Overvalued PE
41.54
Undervalued PE
12.77

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
21.59
Current EV/EBITDA
26.86
Overvalued EV/EBITDA
31.49
Undervalued EV/EBITDA
11.70

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
6.52
Current PS
6.44
Overvalued PS
8.11
Undervalued PS
4.92

Financials

AI Analysis
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Whales Holding MCHP

R
Rafferty Asset Management, LLC
Holding
MCHP
+45.15%
3M Return
D
Defiance ETFs, LLC
Holding
MCHP
+35.02%
3M Return
W
Wiener Städtische Wechselseitige Versicherungsverein - Vermögensverwaltung - Vienna Insurance Group
Holding
MCHP
+33.64%
3M Return
A
Amundi Luxembourg S.A.
Holding
MCHP
+24.45%
3M Return
D
Disciplined Growth Investors, Inc.
Holding
MCHP
+15.47%
3M Return
S
Systematic Alpha Investments, LLC
Holding
MCHP
+15.38%
3M Return

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Frequently Asked Questions

What is Microchip Technology Inc (MCHP) stock price today?

The current price of MCHP is 82.15 USD — it has decreased -6.21

What is Microchip Technology Inc (MCHP)'s business?

Microchip Technology Incorporated is a provider of smart, connected, and secure embedded control solutions. The Company’s semiconductor products segment designs, develops, manufactures and markets mixed-signal microcontrollers, development tools and analog, interface, mixed-signal, timing, wired and wireless connectivity devices, and memory products. The Company's technology licensing segment includes sales and licensing of the Company's intellectual property. Its products include PIC64 Microprocessors, FPGAs, myMicrochip, MPLAB X IDE, Analog, and Microcontrollers. Its development tools include Atmel START and MPLAB Discover. Its manufacturing operations include wafer fabrication, wafer probe, assembly, and test. The Company’s solutions serve customers across the industrial, automotive, consumer, aerospace and defense, communications and computing markets. The Company markets and sells its products worldwide primarily through a network of direct sales personnel and distributors.

What is the price predicton of MCHP Stock?

Wall Street analysts forecast MCHP stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MCHP is77.47 USD with a low forecast of 60.00 USD and a high forecast of 95.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Microchip Technology Inc (MCHP)'s revenue for the last quarter?

Microchip Technology Inc revenue for the last quarter amounts to 1.31B USD, increased 35.11

What is Microchip Technology Inc (MCHP)'s earnings per share (EPS) for the last quarter?

Microchip Technology Inc. EPS for the last quarter amounts to 0.21 USD, decreased -172.41

How many employees does Microchip Technology Inc (MCHP). have?

Microchip Technology Inc (MCHP) has 17900 emplpoyees as of July 07 2026.

What is Microchip Technology Inc (MCHP) market cap?

Today MCHP has the market capitalization of 47.48B USD.