Microchip Technology (MCHP) Expected to Announce Quarterly Earnings on Thursday

Microchip Technology (NASDAQ:MCHP) is projected to issue its Q2 2026 results after the market closes on Thursday, November 6th. Analysts expect the company to announce earnings of $0.33 per share and revenue of $1.1327 billion for the quarter. Microchip Technology has set its Q2 2026 guidance at 0.340-0.370 EPS.Parties can check the company’s upcoming Q2 2026 earningsummary page for the latest details on the call scheduled for Thursday, November 6, 2025 at 5:00 PM ET.

Microchip Technology (NASDAQ:MCHP) last issued its quarterly earnings results on Thursday, August 7th. The semiconductor company reported $0.27 earnings per share for the quarter, topping analysts’ consensus estimates of $0.24 by $0.03. Microchip Technology had a positive return on equity of 6.24% and a negative net margin of 3.50%.The firm had revenue of $1.08 billion during the quarter, compared to the consensus estimate of $1.05 billion. During the same period last year, the business posted $0.53 EPS. The business’s revenue was down 13.3% compared to the same quarter last year. On average, analysts expect Microchip Technology to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Microchip Technology Stock Performance

Shares of Microchip Technology stock opened at $62.54 on Thursday. The company has a current ratio of 2.31, a quick ratio of 1.33 and a debt-to-equity ratio of 0.80. The business has a 50-day moving average price of $65.15 and a two-hundred day moving average price of $63.20. Microchip Technology has a 1-year low of $34.13 and a 1-year high of $78.13. The company has a market cap of $33.75 billion, a P/E ratio of -183.94, a PEG ratio of 1.82 and a beta of 1.55.

Microchip Technology Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, September 5th. Shareholders of record on Friday, August 22nd were issued a dividend of $0.455 per share. This represents a $1.82 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date was Friday, August 22nd. Microchip Technology’s dividend payout ratio (DPR) is presently -535.29%.

Analysts Set New Price Targets

MCHP has been the subject of a number of recent analyst reports. Susquehanna increased their price target on Microchip Technology from $60.00 to $90.00 and gave the stock a “positive” rating in a report on Tuesday, July 22nd. Weiss Ratings restated a “sell (d+)” rating on shares of Microchip Technology in a research note on Wednesday, October 8th. Citigroup raised their target price on Microchip Technology from $68.00 to $90.00 and gave the company a “buy” rating in a research note on Monday, July 7th. Needham & Company LLC raised their target price on Microchip Technology from $66.00 to $77.00 and gave the company a “buy” rating in a research note on Friday, August 8th. Finally, Piper Sandler raised their target price on Microchip Technology from $65.00 to $80.00 and gave the company an “overweight” rating in a research note on Friday, August 8th. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $75.75.

Insider Activity at Microchip Technology

In other Microchip Technology news, Director Matthew W. Chapman sold 10,000 shares of Microchip Technology stock in a transaction that occurred on Monday, August 25th. The shares were sold at an average price of $68.25, for a total transaction of $682,500.00. Following the transaction, the director owned 30,665 shares of the company’s stock, valued at $2,092,886.25. This trade represents a 24.59% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO James Eric Bjornholt sold 7,356 shares of Microchip Technology stock in a transaction that occurred on Monday, August 25th. The stock was sold at an average price of $68.72, for a total transaction of $505,504.32. Following the transaction, the chief financial officer directly owned 30,010 shares in the company, valued at approximately $2,062,287.20. This represents a 19.69% decrease in their position. The SEC filing for this sale provides additional information. 1.94% of the stock is owned by company insiders.

Hedge Funds Weigh In On Microchip Technology

Several hedge funds have recently modified their holdings of the company. AQR Capital Management LLC raised its holdings in shares of Microchip Technology by 51.3% in the 1st quarter. AQR Capital Management LLC now owns 17,201 shares of the semiconductor company’s stock worth $827,000 after purchasing an additional 5,835 shares during the period. Geneos Wealth Management Inc. raised its holdings in shares of Microchip Technology by 101.8% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,221 shares of the semiconductor company’s stock worth $59,000 after purchasing an additional 616 shares during the period. Cresset Asset Management LLC raised its holdings in shares of Microchip Technology by 5.4% in the 2nd quarter. Cresset Asset Management LLC now owns 11,433 shares of the semiconductor company’s stock worth $805,000 after purchasing an additional 589 shares during the period. AXA S.A. raised its holdings in shares of Microchip Technology by 21.3% in the 2nd quarter. AXA S.A. now owns 51,552 shares of the semiconductor company’s stock worth $3,628,000 after purchasing an additional 9,043 shares during the period. Finally, Treasurer of the State of North Carolina raised its holdings in shares of Microchip Technology by 1.6% in the 2nd quarter. Treasurer of the State of North Carolina now owns 246,530 shares of the semiconductor company’s stock worth $17,348,000 after purchasing an additional 3,851 shares during the period. Institutional investors own 91.51% of the company’s stock.

About Microchip Technology

Microchip Technology Incorporated engages in the development, manufacture, and sale of smart, connected, and secure embedded control solutions in the Americas, Europe, and Asia. The company offers general purpose 8-bit, 16-bit, and 32-bit mixed-signal microcontrollers; 32-bit embedded mixed-signal microprocessors; and specialized microcontrollers for automotive, industrial, computing, communications, lighting, power supplies, motor control, human machine interface, security, wired connectivity, and wireless connectivity applications.