Microchip Technology Inc. (MCHP) Social Stream
MICROCHIP TECHNOLOGY INC (MCHP) Price Targets From Analysts
The tables below show the price targets and recommendations analysts covering MCHP.
| 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 | $74.14 | 28.97% |
| 2022-01-24 | 18 | $110 | $77 | $96.264 | $74.14 | 29.84% |
| 2022-02-04 | 18 | $110 | $77 | $96.264 | $74.14 | 29.84% |
| 2022-02-07 | 17 | $110 | $77 | $95.088 | $74.14 | 28.25% |
| 2022-03-09 | 17 | $110 | $70 | $94.264 | $74.14 | 27.14% |
| 2022-03-25 | 16 | $110 | $70 | $94.264 | $74.14 | 27.14% |
| 2022-04-13 | 16 | $110 | $70 | $93.382 | $74.14 | 25.95% |
| 2022-05-05 | 15 | $110 | $70 | $92.794 | $74.14 | 25.16% |
| 2022-05-10 | 16 | $110 | $70 | $92.794 | $74.14 | 25.16% |
| 2022-05-11 | 16 | $110 | $67 | $88.911 | $74.14 | 19.92% |
| 2022-05-18 | 17 | $110 | $67 | $86.1 | $74.14 | 16.13% |
| 2022-06-10 | 17 | $110 | $67 | $85.9 | $74.14 | 15.86% |
| 2022-06-15 | 17 | $110 | $67 | $85.55 | $74.14 | 15.39% |
| 2022-07-28 | 16 | $110 | $60 | $83.5 | $74.14 | 12.62% |
| 2022-08-03 | 16 | $110 | $60 | $84.25 | $74.14 | 13.64% |
| 2022-08-04 | 17 | $110 | $61 | $83.777 | $74.14 | 13% |
| 2022-10-04 | 16 | $110 | $61 | $83.777 | $74.14 | 13% |
| 2022-10-11 | 17 | $110 | $61 | $82.666 | $74.14 | 11.5% |
| 2022-10-13 | 17 | $110 | $61 | $81.235 | $74.14 | 9.57% |
| 2022-10-26 | 15 | $110 | $61 | $81.235 | $74.14 | 9.57% |
| 2022-11-04 | 16 | $92 | $61 | $79.058 | $74.14 | 6.63% |
| 2022-11-07 | 17 | $92 | $62 | $80.722 | $74.14 | 8.88% |
| 2022-11-30 | 17 | $92 | $62 | $80.777 | $74.14 | 8.95% |
| 2022-12-16 | 17 | $92 | $62 | $80.388 | $74.14 | 8.43% |
| 2023-01-18 | 17 | $92 | $62 | $80.666 | $74.14 | 8.8% |
| 2023-01-27 | 17 | $92 | $62 | $81.888 | $74.14 | 10.45% |
| 2023-02-06 | 17 | $110 | $76 | $95.21 | $74.14 | 28.42% |
| 2023-04-19 | 17 | $110 | $79 | $95.789 | $74.14 | 29.2% |
| 2023-05-04 | 17 | $110 | $79 | $95.526 | $74.14 | 28.85% |
| 2023-05-05 | 17 | $110 | $76 | $94.47 | $74.14 | 27.42% |
| 2023-05-08 | 17 | $110 | $76 | $93.736 | $74.14 | 26.43% |
| 2023-05-24 | 17 | $110 | $76 | $93.666 | $74.14 | 26.34% |
The Trend in the Analyst Price Target
Over the past 30 weeks, MCHP's average price target has gone up $12.43.
MCHP reports an average of 20.95% for its upside potential over the past 50 weeks.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2022-09-12 | 16 | 110 | 61 | 83.777 | 67.42 | 24.26% |
| 2022-11-07 | 17 | 92 | 62 | 80.722 | 65.53 | 23.18% |
| 2022-11-30 | 17 | 92 | 62 | 80.777 | 79.19 | 2% |
| 2023-01-27 | 17 | 92 | 62 | 81.888 | 77.68 | 5.42% |
| 2023-05-24 | 17 | 110 | 76 | 93.666 | 73.62 | 27.23% |
MCHP Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 1.68 | 10 | 2 | 5 | 0 | 0 | 17 |
The Trend in the Broker Recommendations
Over the past 15 months, MCHP's average broker recommendation rating worsened by 0.04.
Use the points listed below to better contextualize what this analyst price target and recommendations data data means for investors.
- In the context of all US stocks, MICROCHIP TECHNOLOGY INC's number of analysts covering the stock is higher than 3232.11% of them.
- MICROCHIP TECHNOLOGY INC's upside potential (average analyst target price relative to current price) is higher than 962.07% of Technology stocks.
- MCHP has a lower variance in analysts' estimates than -1196.93% of Technology stocks.
- MICROCHIP TECHNOLOGY INC's average analyst price target is greater than 2396.28% of Technology stocks.
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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