Microchip Technology (MCHP) Projected to Post Quarterly Earnings on Thursday

Microchip Technology (NASDAQ:MCHP) will likely be issuing its Q3 2026 results after the market closes on Thursday, February 5th. Analysts expect the company to announce earnings of $0.38 per share and revenue of $1.1850 billion for the quarter. Microchip Technology has set its Q3 2026 guidance at 0.340-0.400 EPS. Interested persons are encouraged to explore the company’s upcoming Q3 2026 earning overview page for the latest details on the call scheduled for Thursday, February 5, 2026 at 5:00 PM ET.

Microchip Technology (NASDAQ:MCHP) last released its quarterly earnings data on Thursday, November 6th. The semiconductor company reported $0.35 earnings per share for the quarter, topping analysts’ consensus estimates 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 firm had revenue of $1.14 billion for the quarter, compared to analyst estimates of $1.13 billion. During the same quarter in the prior year, the business earned $0.46 earnings per share. The business’s quarterly revenue was down 2.0% 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 Trading Up 6.8%

Shares of Microchip Technology stock opened at $80.28 on Thursday. The stock has a market cap of $43.39 billion, a PE ratio of -178.40, a price-to-earnings-growth ratio of 2.23 and a beta of 1.46. The firm has a fifty day moving average price of $66.37 and a 200 day moving average price of $65.36. Microchip Technology has a 1 year low of $34.13 and a 1 year high of $81.43. The company has a debt-to-equity ratio of 0.80, a current ratio of 2.25 and a quick ratio of 1.20.

Microchip Technology Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 9th. Stockholders of record on Monday, November 24th were issued a $0.455 dividend. This represents a $1.82 annualized dividend and a dividend yield of 2.3%. The ex-dividend date of this dividend was Monday, November 24th. Microchip Technology’s payout ratio is -404.44%.

Analysts Set New Price Targets

A number of analysts have recently commented on the company. KeyCorp restated an “overweight” rating on shares of Microchip Technology in a research note on Wednesday, December 3rd. TD Cowen lowered their price objective on Microchip Technology from $65.00 to $60.00 and set a “hold” rating on the stock in a research report on Friday, November 7th. Needham & Company LLC lifted their target price on shares of Microchip Technology from $75.00 to $77.00 and gave the company a “buy” rating in a report on Tuesday, January 6th. Bank of America upgraded shares of Microchip Technology from a “neutral” rating to a “buy” rating and set a $95.00 target price for the company in a research note on Wednesday. Finally, Stifel Nicolaus set a $80.00 price target on shares of Microchip Technology and gave the company a “buy” rating in a research report on Tuesday, January 6th. Three analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $82.05.

Insider Buying and Selling at Microchip Technology

In other news, CFO James Eric Bjornholt sold 4,292 shares of Microchip Technology stock in a transaction dated Tuesday, November 25th. The shares were sold at an average price of $50.39, for a total value of $216,273.88. Following the sale, the chief financial officer owned 30,089 shares in the company, valued at $1,516,184.71. This trade represents a 12.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Steve Sanghi sold 18,509 shares of the business’s stock in a transaction dated Thursday, January 22nd. The stock was sold at an average price of $79.20, for a total transaction of $1,465,912.80. Following the sale, the chief executive officer directly owned 10,021,133 shares of the company’s stock, valued at $793,673,733.60. This represents a 0.18% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 1.94% of the company’s stock.

Hedge Funds Weigh In On Microchip Technology

A number of hedge funds have recently made changes to their positions in the company. State of Wyoming boosted its stake in shares of Microchip Technology by 78.1% in the second quarter. State of Wyoming now owns 618 shares of the semiconductor company’s stock worth $43,000 after acquiring an additional 271 shares during the last quarter. Fulcrum Asset Management LLP acquired a new stake in Microchip Technology during the 3rd quarter worth $52,000. Geneos Wealth Management Inc. grew its holdings in shares of Microchip Technology by 101.8% during the first quarter. Geneos Wealth Management Inc. now owns 1,221 shares of the semiconductor company’s stock worth $59,000 after buying an additional 616 shares in the last quarter. Johnson Financial Group Inc. grew its holdings in shares of Microchip Technology by 373.2% during the third quarter. Johnson Financial Group Inc. now owns 1,112 shares of the semiconductor company’s stock worth $71,000 after buying an additional 877 shares in the last quarter. Finally, MUFG Securities EMEA plc acquired a new stake in shares of Microchip Technology in the second quarter valued at about $111,000. Institutional investors and hedge funds own 91.51% of the company’s stock.

Key Headlines Impacting Microchip Technology

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

• Positive Sentiment: Multiple analyst upgrades and bullish commentary lifted investor sentiment — Zacks upgraded MCHP to a “strong-buy” and Bank of America raised its rating to “buy” with a $95 target (~18% above the current price). UBS also issued a positive note saying shares are expected to rise. Zacks Upgrade BofA Coverage UBS Note
• Positive Sentiment: Inclusion on Zacks’ Rank #1 (Strong Buy) lists for momentum and income increases visibility among retail and quant buyers, which can amplify short-term flows. Zacks Momentum List Zacks Income List
• Positive Sentiment: Product development: Microchip expanded its maXTouch M1 touchscreen controller family to cover a wider range of automotive displays (2–42″), strengthening its addressable market in automotive infotainment and display applications. This supports longer-term revenue opportunity in a high-value end market. maXTouch Product Release
• Neutral Sentiment: Recent fundamentals: the company beat Q2 estimates on EPS and revenue and provided Q3 FY2026 EPS guidance (0.340–0.400), but revenue was slightly down year-over-year — a mixed fundamental backdrop that makes upgrades and product news more impactful in the short term. MarketBeat Earnings Summary
• Negative Sentiment: Insider activity: CEO Steve Sanghi sold 18,509 shares (~0.18% reduction in his position), a relatively small transaction but one that some investors note when management sells into strength. Insider Sale

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.