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 | $75.67 | 26.36% |
| 2022-01-24 | 18 | $110 | $77 | $96.264 | $75.67 | 27.22% |
| 2022-02-04 | 18 | $110 | $77 | $96.264 | $75.67 | 27.22% |
| 2022-02-07 | 17 | $110 | $77 | $95.088 | $75.67 | 25.66% |
| 2022-03-09 | 17 | $110 | $70 | $94.264 | $75.67 | 24.57% |
| 2022-03-25 | 16 | $110 | $70 | $94.264 | $75.67 | 24.57% |
| 2022-04-13 | 16 | $110 | $70 | $93.382 | $75.67 | 23.41% |
| 2022-05-05 | 15 | $110 | $70 | $92.794 | $75.67 | 22.63% |
| 2022-05-10 | 16 | $110 | $70 | $92.794 | $75.67 | 22.63% |
| 2022-05-11 | 16 | $110 | $67 | $88.911 | $75.67 | 17.5% |
| 2022-05-18 | 17 | $110 | $67 | $86.1 | $75.67 | 13.78% |
| 2022-06-10 | 17 | $110 | $67 | $85.9 | $75.67 | 13.52% |
| 2022-06-15 | 17 | $110 | $67 | $85.55 | $75.67 | 13.06% |
| 2022-07-28 | 16 | $110 | $60 | $83.5 | $75.67 | 10.35% |
| 2022-08-03 | 16 | $110 | $60 | $84.25 | $75.67 | 11.34% |
| 2022-08-04 | 17 | $110 | $61 | $83.777 | $75.67 | 10.71% |
| 2022-10-04 | 16 | $110 | $61 | $83.777 | $75.67 | 10.71% |
| 2022-10-11 | 17 | $110 | $61 | $82.666 | $75.67 | 9.25% |
| 2022-10-13 | 17 | $110 | $61 | $81.235 | $75.67 | 7.35% |
| 2022-10-26 | 15 | $110 | $61 | $81.235 | $75.67 | 7.35% |
| 2022-11-04 | 16 | $110 | $61 | $81.235 | $75.67 | 7.35% |
| 2022-11-07 | 17 | $92 | $62 | $80.611 | $75.67 | 6.53% |
The Trend in the Analyst Price Target
Over the past 29 months, MCHP's average price target has gone down $34.07.
MCHP reports an average of 29.8% for its upside potential over the past 49 weeks.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2022-02-07 | 17 | 110 | 77 | 95.088 | 73.65 | 29.11% |
| 2022-09-12 | 16 | 110 | 61 | 83.777 | 67.42 | 24.26% |
| 2022-10-04 | 16 | 110 | 61 | 83.777 | 66.70 | 25.6% |
| 2022-10-26 | 15 | 110 | 61 | 81.235 | 62.57 | 29.83% |
| 2022-11-07 | 17 | 92 | 62 | 80.722 | 65.53 | 23.18% |
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
MCHP's average broker recommendation rating improved by 0 over the prior 153 days.
The points below can provide you with additional insight regarding what the price target and recommendations metrics in the table above mean for investors.
- To contextualize these metrics, consider that out of all US stocks, MICROCHIP TECHNOLOGY INC's number of analysts covering the stock is higher than 2051.18% of them.
- In the context of Technology stocks, MICROCHIP TECHNOLOGY INC's upside potential (average analyst target price relative to current price) is greater than 317.54% of them.
- In terms of how MICROCHIP TECHNOLOGY INC fares relative to Technology stocks, note that its average analyst price target is greater than 1460.92% of that group.
- To contextualize these metrics, consider that out of Technology stocks, MICROCHIP TECHNOLOGY INC's variance in analysts' estimates is lower than -848.98% of them.
Stocks similar to MICROCHIP TECHNOLOGY INC in the Electronic Equipment industry regarding analyst recommendations and price targets are SWKS, GFS, and HUBB.
View All Top Stocks by Price Target
What is the outlook for MCHP? Use POWR Ratings for clearer insight into price direction.