Microchip Technology Inc. (MCHP) Social Stream



Microchip Technology Inc. (MCHP): $89.57

0.55 (+0.62%)

POWR Rating

Component Grades

Momentum

C

Stability

D

Sentiment

Quality

B

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.

Is MCHP a Buy, Hold or Sell? See the POWR Ratings now!


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