Wall Street analyst estimates for Microchip Technology Incorporated (MCHP): consensus price target, buy/hold/sell recommendations and forecasts for revenue and EPS for the upcoming fiscal years.
Microchip Technology Incorporated creates, produces, and sells intelligent, interconnected, and secure embedded control solutions to customers throughout the Americas, Europe, and Asia. The company's core offerings include a range of microcontrollers, such as general-purpose 8-bit, 16-bit, and 32-bit models, as well as 32-bit embedded microprocessors.
Consensus price target
$110.50 (+45 % vs price $76.11)
between $88.00 and $135.00 · 3 targets published in the last quarter
Closing price, Nov 2
A twelve-month target is not a fair value: compare it with the range in the Valuation tab.
Revenue and EPS estimates
| Fiscal year | Revenue (average) | Revenue (low – high) | EPS (average) | Analysts |
|---|---|---|---|---|
| 2027E | $6.4B | $6.2B – $6.6B | $3.65 | 17 |
| 2028E | $7.5B | $6.9B – $8.8B | $4.59 | 17 |
| 2029E | $8.2B | $7.8B – $9.1B | $5.23 | 5 |
Fiscal year ending in March · figures in USD · consensus as of November 1, 2026
Analyst Consensus
| Strong Buy | 2 |
| Buy | 30 |
| Hold | 14 |
| Sell | 0 |
| Strong Sell | 0 |
| Total analysts | 46 |
| Avg rating (−2 sell to +2 buy) | 0.74 |
Recent Earnings Surprises
| Date | EPS Actual | EPS Est. | vs Est. |
|---|---|---|---|
| 2026-11-05 | $0.94 | ||
| 2026-08-06 | $0.76 | $0.70 | +8.6% |
| 2026-05-07 | $0.57 | $0.51 | +12.9% |
| 2026-02-05 | $0.44 | $0.43 | +2.7% |
| 2025-11-06 | $0.35 | $0.33 | +5.9% |
| 2025-08-07 | $0.27 | $0.24 | +13.0% |
| 2025-05-08 | $0.11 | $0.10 | +5.1% |
| 2025-02-06 | $0.20 | $0.28 | -27.9% |
Valuation Ratios
| P/E Ratio | 105.56 |
| Price / Book | 6.40 |
| Dividend Yield | 2.39% |
Income Statement (10y)
| Year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.41B | $3.98B | $5.35B | $5.27B | $5.44B | $6.82B | $8.44B | $7.63B | $4.40B | $4.71B |
| Cost of Revenue | $1.65B | $1.56B | $2.42B | $2.03B | $2.06B | $2.37B | $2.74B | $2.64B | $1.93B | $1.99B |
| Gross Profit | $1.76B | $2.42B | $2.93B | $3.24B | $3.38B | $4.45B | $5.70B | $5.00B | $2.47B | $2.72B |
| Research & Development | $545.3M | $529.3M | $826.3M | $877.8M | $836.4M | $989.1M | $1.12B | $1.10B | $983.8M | $1.09B |
| Selling, General & Admin | $499.8M | $452.1M | $682.9M | $676.6M | $610.3M | $718.9M | $797.7M | $734.2M | $617.7M | $674.3M |
| Operating Expenses | $1.48B | $1.48B | $2.22B | $2.60B | $2.38B | $2.60B | $2.58B | $2.42B | $2.17B | $2.23B |
| Operating Income | $275.8M | $936.3M | $714.3M | $647.1M | $998.1M | $1.85B | $3.12B | $2.57B | $296.3M | $490.1M |
| EBITDA | $705.3M | $1.55B | $1.57B | $1.85B | $1.83B | $2.87B | $4.10B | $3.44B | $1.04B | $1.40B |
| Interest Expense | $146.3M | $199.0M | $502.9M | $497.3M | $356.9M | $257.0M | $203.9M | $198.3M | $251.4M | $221.3M |
| Pre-tax Income | $89.8M | $737.3M | $204.5M | $150.4M | $339.5M | $1.48B | $2.91B | $2.37B | $38.9M | $273.5M |
| Income Tax | -$80.8M | $481.9M | -$151.4M | -$420.2M | -$9.9M | $197.0M | $672.0M | $459.0M | $39.4M | $43.5M |
| Net Income | $164.6M | $255.4M | $355.9M | $570.6M | $349.4M | $1.29B | $2.24B | $1.91B | -$500,000 | $202.2M |
| EPS | $0.38 | $0.55 | $0.76 | $1.19 | $0.67 | $2.33 | $4.07 | $3.52 | -$0.01 | $0.27 |
| EPS (Diluted) | $0.36 | $0.51 | $0.71 | $1.11 | $0.65 | $2.27 | $4.02 | $3.48 | -$0.01 | $0.26 |
| Shares Outstanding (Diluted) | 469.6 M | 497.8 M | 499.8 M | 512.4 M | 541.2 M | 565.9 M | 557.3 M | 548.0 M | 537.3 M | 547.9 M |
Price
| Price | $76.11 (closing price, November 2, 2026) |
| Market Cap | $41.3B |
| Exchange | NASDAQ |
| Country | US |
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Explore sector: Technology · Semiconductors
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