15-min delayed · Jul 28, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 19 firms covering Microchip Technology Inc, 13 rate it Buy or better, 6 sit at Hold, and 0 rate it Sell or worse, a moderate buy consensus. Targets span $78.00 to $130.00, a moderate spread. The average target of $106.31 sits 40% above the current $75.80. The rating mix has stayed broadly stable, with Buy-side ratings easing from 15 to 13 over recent months. On the fundamentals, the Street sees consensus EPS building from about $0.80 next quarter toward $4.20 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS19 ratings
Moderate Buy
Strong Buy15%
Buy1263%
Hold632%
Sell00%
Strong Sell00%
Based on 19 analysts giving stock ratings to Microchip Technology Inc.
As of Jul, 13 of 19 firms rate MCHP a Buy (6 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
MCHP EPS & revenue forecast
EPS · NEXT QUARTER
$0.80
Range $0.72 – $0.92 · 20 analysts · +128% YoY
Next period, 20 analysts expect Microchip Technology Inc to earn $0.80 a share (range $0.72 – $0.92), versus $0.35 a year earlier. Full-year consensus is $3.19, growing to $4.20 the year after.
REVENUE · NEXT QUARTER
$1.6B
Range $1.5B – $1.7B · 20 analysts · +36% YoY
Revenue is expected to reach $1.6B (range $1.5B – $1.7B), +36.3% year-over-year. Full-year consensus is $6.2B, rising to $7.2B next year.
Top analysts covering Microchip Technology Inc
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on MCHP.
#1
Tore Svanberg
Stifel · Rank #21
Buy
$108.00+42.5% to target
Overall win rate
53%
+ Follow
#2
N. Quinn Bolton
Needham · Rank #118
Buy
$120.00+58.3% to target
Overall win rate
37%
+ Follow
#3
Craig Ellis
B. Riley Securities · Rank #137
Buy
$125.00+64.9% to target
Overall win rate
43%
+ Follow
#4
Kevin Cassidy
Rosenblatt · Rank #193
Buy
$120.00+58.3% to target
Overall win rate
36%
+ Follow
#5
JQ
Joe Quatrochi
Wells Fargo
Hold
$88.00+16.1% to target
Coverage
—
+ Follow
MCHP stock forecast FAQ
What is MCHP's average 12-month price target?+
The 16 analysts with a live target average $106.31 for Microchip Technology Inc over the next 12 months, ranging from a $130.00 high to a $78.00 low.
Is MCHP stock a Buy, Sell or Hold right now?+
The current consensus is Moderate Buy. Of the 19 analyst ratings, 13 are Buy or Strong Buy, 6 are Hold, and 0 are Sell or Strong Sell.
What are the highest and lowest price targets for MCHP?+
The Street-high target is $130.00 (UBS), and the Street-low is $78.00 (B of A Securities). The average of all 16 active targets is $106.31.
How many Wall Street analysts cover MCHP?+
19 analysts have an active rating on Microchip Technology Inc, and 16 firms carry a live 12-month price target.
Who is the most accurate analyst covering MCHP?+
Among analysts who currently cover MCHP, Tore Svanberg of Stifel has the strongest overall Quantellect track record (Rank #21). Their current call is Buy with a $108.00 target.
What is Microchip Technology Inc's projected EPS for next quarter?+
The consensus estimate is $0.80 per share (range $0.72 – $0.92) across 20 analysts. Full-year EPS is projected at $3.19, rising to $4.20 the following year.
How much revenue is Microchip Technology Inc expected to report next quarter?+
Consensus revenue is $1.6B (range $1.5B – $1.7B). Full-year revenue is projected at $6.2B, growing to $7.2B next year.
Have analysts been upgrading or downgrading MCHP lately?+
As of Jul, 13 of 19 firms rate MCHP a Buy (6 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their MCHP calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
