Microchip Technology Inc. (MCHP) Social Stream
MICROCHIP TECHNOLOGY INC (MCHP) Price Targets From Analysts
Use the tables below to see what analysts covering MICROCHIP TECHNOLOGY INC think about its future price and what recommendations they have for investors and traders.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-11-10 | 18 | $110 | $77 | $95.617 | $85.7 | 11.57% |
| 2022-01-24 | 18 | $110 | $77 | $96.264 | $85.7 | 12.33% |
| 2022-02-04 | 18 | $110 | $77 | $96.264 | $85.7 | 12.33% |
| 2022-02-07 | 17 | $110 | $77 | $95.088 | $85.7 | 10.95% |
| 2022-03-09 | 17 | $110 | $70 | $94.264 | $85.7 | 9.99% |
| 2022-03-25 | 16 | $110 | $70 | $94.264 | $85.7 | 9.99% |
| 2022-04-13 | 16 | $110 | $70 | $93.382 | $85.7 | 8.96% |
| 2022-05-05 | 15 | $110 | $70 | $92.794 | $85.7 | 8.28% |
| 2022-05-10 | 16 | $110 | $70 | $92.794 | $85.7 | 8.28% |
| 2022-05-11 | 16 | $110 | $67 | $88.911 | $85.7 | 3.75% |
| 2022-05-18 | 17 | $110 | $67 | $86.1 | $85.7 | 0.47% |
| 2022-06-10 | 17 | $110 | $67 | $85.9 | $85.7 | 0.23% |
| 2022-06-15 | 17 | $110 | $67 | $85.55 | $85.7 | -0.18% |
| 2022-07-28 | 16 | $110 | $60 | $83.5 | $85.7 | -2.57% |
| 2022-08-03 | 16 | $110 | $60 | $84.25 | $85.7 | -1.69% |
| 2022-08-04 | 17 | $110 | $61 | $83.777 | $85.7 | -2.24% |
| 2022-10-04 | 16 | $110 | $61 | $83.777 | $85.7 | -2.24% |
| 2022-10-11 | 17 | $110 | $61 | $82.666 | $85.7 | -3.54% |
| 2022-10-13 | 17 | $110 | $61 | $81.235 | $85.7 | -5.21% |
| 2022-10-26 | 15 | $110 | $61 | $81.235 | $85.7 | -5.21% |
| 2022-11-04 | 16 | $110 | $61 | $81.235 | $85.7 | -5.21% |
| 2022-11-07 | 17 | $92 | $62 | $80.722 | $85.7 | -5.81% |
| 2022-11-30 | 17 | $92 | $62 | $80.777 | $85.7 | -5.74% |
| 2022-12-16 | 17 | $92 | $62 | $80.388 | $85.7 | -6.2% |
| 2023-01-18 | 17 | $92 | $62 | $80.666 | $85.7 | -5.87% |
| 2023-01-27 | 17 | $92 | $62 | $81.055 | $85.7 | -5.42% |
| 2023-02-06 | 17 | $110 | $76 | $95.21 | $85.7 | 11.1% |
| 2023-04-19 | 17 | $110 | $79 | $95.789 | $85.7 | 11.77% |
| 2023-05-04 | 17 | $110 | $79 | $95.526 | $85.7 | 11.47% |
| 2023-05-05 | 17 | $110 | $76 | $94.47 | $85.7 | 10.23% |
| 2023-05-08 | 17 | $110 | $76 | $93.736 | $85.7 | 9.38% |
| 2023-06-07 | 17 | $110 | $76 | $93.666 | $85.7 | 9.3% |
| 2023-07-12 | 17 | $110 | $76 | $93.944 | $85.7 | 9.62% |
| 2023-07-14 | 17 | $110 | $76 | $94.444 | $85.7 | 10.2% |
| 2023-07-18 | 17 | $110 | $76 | $95.277 | $85.7 | 11.18% |
| 2023-07-20 | 18 | $110 | $79 | $96.722 | $85.7 | 12.86% |
| 2023-07-26 | 18 | $110 | $80 | $97.277 | $85.7 | 13.51% |
| 2023-08-01 | 17 | $110 | $80 | $97.411 | $85.7 | 13.67% |
| 2023-08-04 | 18 | $110 | $80 | $97.411 | $85.7 | 13.67% |
| 2023-08-07 | 19 | $110 | $80 | $97.736 | $85.7 | 14.04% |
| 2023-10-10 | 19 | $110 | $85 | $97.894 | $85.7 | 14.23% |
| 2023-10-25 | 19 | $110 | $85 | $97.842 | $85.7 | 14.17% |
| 2023-11-06 | 19 | $110 | $75 | $89.833 | $85.7 | 4.82% |
| 2023-11-08 | 19 | $110 | $75 | $90.388 | $85.7 | 5.47% |
| 2023-12-15 | 20 | $110 | $75 | $91.157 | $85.7 | 6.37% |
The Trend in the Analyst Price Target
Over the past 32 months, MCHP's average price target has gone down $84.79.
MCHP reports an average of 15.01% for its upside potential over the past 47 weeks.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2023-03-08 | 17 | 110 | 79 | 95.789 | 84.52 | 13.33% |
| 2023-04-19 | 17 | 110 | 79 | 95.789 | 79.38 | 20.67% |
| 2023-05-05 | 17 | 110 | 76 | 94.470 | 75.18 | 25.66% |
| 2023-05-24 | 17 | 110 | 76 | 93.666 | 73.62 | 27.23% |
| 2023-11-06 | 19 | 110 | 75 | 89.833 | 75.12 | 19.59% |
MCHP Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 1.58 | 13 | 2 | 5 | 0 | 0 | 20 |
The Trend in the Broker Recommendations
Over the past 18 months, MCHP's average broker recommendation rating improved by 0.08.
The bullet points below may help you gain a better understanding of what the metrics in the price target and recommendations tables above mean for MCHP as an investment opportunity.
- In the context of all US stocks, MICROCHIP TECHNOLOGY INC's number of analysts covering the stock is greater than 4806.98% of them.
- In terms of how MICROCHIP TECHNOLOGY INC fares relative to Electronic Equipment stocks, note that its upside potential (average analyst target price relative to current price) is higher than 1633.24% of that group.
- MCHP has a lower variance in analysts' estimates than -1843.65% of Technology stocks.
- To contextualize these metrics, consider that out of Technology stocks, MICROCHIP TECHNOLOGY INC's average analyst price target is greater than 3565.12% of them.
In terms of price targets and recommendations offered by analysts, the stocks in the Electronic Equipment industry with the ratings most similar to MICROCHIP TECHNOLOGY INC are SYNA, MU, and TXN.
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