Susquehanna Issues Positive Forecast for Microchip Technology (NASDAQ:MCHP) Stock Price

Microchip Technology (NASDAQ:MCHP) had its price target lifted by Susquehanna from $75.00 to $90.00 in a research note published on Thursday,Benzinga reports. The brokerage currently has a positive rating on the semiconductor company’s stock.

Other analysts have also issued research reports about the company. Needham & Company LLC lifted their target price on Microchip Technology from $75.00 to $77.00 and gave the stock a “buy” rating in a report on Tuesday, January 6th. Citigroup increased their price objective on Microchip Technology from $80.00 to $92.00 and gave the company a “buy” rating in a research report on Thursday, January 15th. Stifel Nicolaus set a $80.00 target price on Microchip Technology and gave the stock a “buy” rating in a research report on Tuesday, January 6th. KeyCorp reaffirmed an “overweight” rating on shares of Microchip Technology in a report on Wednesday, December 3rd. Finally, Cantor Fitzgerald upgraded shares of Microchip Technology from a “neutral” rating to an “overweight” rating and lifted their price target for the stock from $65.00 to $85.00 in a research note on Tuesday, December 16th. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $80.82.

Microchip Technology Stock Down 1.0%

Shares of Microchip Technology stock opened at $75.47 on Thursday. The company has a 50-day simple moving average of $64.41 and a two-hundred day simple moving average of $65.36. The stock has a market capitalization of $40.79 billion, a PE ratio of -167.71, a price-to-earnings-growth ratio of 2.25 and a beta of 1.46. Microchip Technology has a 52-week low of $34.13 and a 52-week high of $79.50. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.20 and a current ratio of 2.25.

Microchip Technology (NASDAQ:MCHP) last announced its quarterly earnings results on Thursday, November 6th. The semiconductor company reported $0.35 earnings per share for the quarter, beating the consensus estimate of $0.33 by $0.02. Microchip Technology had a negative net margin of 4.39% and a positive return on equity of 5.21%. The company had revenue of $1.14 billion during the quarter, compared to the consensus estimate of $1.13 billion. During the same quarter last year, the firm earned $0.46 earnings per share. The firm’s quarterly revenue was down 2.0% compared to the same quarter last year. Microchip Technology has set its Q3 2026 guidance at 0.340-0.400 EPS. On average, analysts anticipate that Microchip Technology will post 1.03 EPS for the current fiscal year.

Microchip Technology Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 9th. Stockholders of record on Monday, November 24th were paid a dividend of $0.455 per share. This represents a $1.82 annualized dividend and a dividend yield of 2.4%. The ex-dividend date was Monday, November 24th. Microchip Technology’s dividend payout ratio (DPR) is currently -404.44%.

Insider Activity at Microchip Technology

In other news, CFO James Eric Bjornholt sold 4,292 shares of the company’s stock in a transaction on Tuesday, November 25th. The stock was sold at an average price of $50.39, for a total value of $216,273.88. Following the completion of the sale, the chief financial officer directly owned 30,089 shares in the company, valued at $1,516,184.71. This represents a 12.48% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. 1.94% of the stock is owned by company insiders.

Institutional Trading of Microchip Technology

Hedge funds have recently bought and sold shares of the stock. Trilogy Capital Inc. boosted its holdings in Microchip Technology by 17.5% in the 4th quarter. Trilogy Capital Inc. now owns 46,344 shares of the semiconductor company’s stock worth $2,953,000 after buying an additional 6,910 shares during the period. V Square Quantitative Management LLC purchased a new position in shares of Microchip Technology in the fourth quarter valued at about $405,000. OFI Invest Asset Management boosted its stake in shares of Microchip Technology by 73.6% in the fourth quarter. OFI Invest Asset Management now owns 3,251 shares of the semiconductor company’s stock worth $207,000 after acquiring an additional 1,378 shares during the period. Greenleaf Trust grew its position in shares of Microchip Technology by 2.7% during the fourth quarter. Greenleaf Trust now owns 24,493 shares of the semiconductor company’s stock worth $1,561,000 after purchasing an additional 646 shares in the last quarter. Finally, Stock Yards Bank & Trust Co. raised its stake in Microchip Technology by 9.2% during the 4th quarter. Stock Yards Bank & Trust Co. now owns 8,751 shares of the semiconductor company’s stock valued at $558,000 after purchasing an additional 738 shares during the period. Institutional investors own 91.51% of the company’s stock.

More Microchip Technology News

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

• Positive Sentiment: BNP Paribas highlights rising demand for analog upgrades and upgraded Microchip to outperform, citing stronger analog opportunities that benefit TI, onsemi and Microchip — a catalyst for multiple firms to raise targets. BNP Paribas eyes stronger demand for analog; upgrades Texas Instruments, Onsemi, Microchip
• Positive Sentiment: Susquehanna raised its price target on MCHP from $75 to $90 and moved to a “positive” rating — implying ~19% upside from current levels and signaling conviction in revenue/earnings improvement. Susquehanna raises MCHP price target to $90
• Positive Sentiment: BNP Paribas Exane upgraded Microchip from “neutral” to “outperform” and set a $90 target, reinforcing the view that analog/mixed-signal demand should help near-term recovery. BNP Paribas Exane upgrade to outperform
• Positive Sentiment: Zacks publishes a bullish note arguing Microchip may be well positioned for a surge, citing solid earnings estimate revisions — supportive for momentum and analyst sentiment. Why Microchip Tech (MCHP) Might be Well Poised for a Surge
• Positive Sentiment: Microchip launched a 600V gate-driver family for high‑voltage power-management applications — a product expansion that can deepen the company’s addressable market in industrial and EV-related power designs. Microchip Introduces 600V Gate Driver Family
• Neutral Sentiment: Bank of America nudged its price target up from $72 to $78 but kept a “neutral” rating, a modest lift that suggests caution remains among some large brokerages. BofA raises MCHP target to $78 (neutral)

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.