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 | $85.81 | 11.43% |
| 2022-01-24 | 18 | $110 | $77 | $96.264 | $85.81 | 12.18% |
| 2022-02-04 | 18 | $110 | $77 | $96.264 | $85.81 | 12.18% |
| 2022-02-07 | 17 | $110 | $77 | $95.088 | $85.81 | 10.81% |
| 2022-03-09 | 17 | $110 | $70 | $94.264 | $85.81 | 9.85% |
| 2022-03-25 | 16 | $110 | $70 | $94.264 | $85.81 | 9.85% |
| 2022-04-13 | 16 | $110 | $70 | $93.382 | $85.81 | 8.82% |
| 2022-05-05 | 15 | $110 | $70 | $92.794 | $85.81 | 8.14% |
| 2022-05-10 | 16 | $110 | $70 | $92.794 | $85.81 | 8.14% |
| 2022-05-11 | 16 | $110 | $67 | $88.911 | $85.81 | 3.61% |
| 2022-05-18 | 17 | $110 | $67 | $86.1 | $85.81 | 0.34% |
| 2022-06-10 | 17 | $110 | $67 | $85.9 | $85.81 | 0.1% |
| 2022-06-15 | 17 | $110 | $67 | $85.55 | $85.81 | -0.3% |
| 2022-07-28 | 16 | $110 | $60 | $83.5 | $85.81 | -2.69% |
| 2022-08-03 | 16 | $110 | $60 | $84.25 | $85.81 | -1.82% |
| 2022-08-04 | 17 | $110 | $61 | $83.777 | $85.81 | -2.37% |
| 2022-10-04 | 16 | $110 | $61 | $83.777 | $85.81 | -2.37% |
| 2022-10-11 | 17 | $110 | $61 | $82.666 | $85.81 | -3.66% |
| 2022-10-13 | 17 | $110 | $61 | $81.235 | $85.81 | -5.33% |
| 2022-10-26 | 15 | $110 | $61 | $81.235 | $85.81 | -5.33% |
| 2022-11-04 | 16 | $110 | $61 | $81.235 | $85.81 | -5.33% |
| 2022-11-07 | 17 | $92 | $62 | $80.722 | $85.81 | -5.93% |
| 2022-11-30 | 17 | $92 | $62 | $80.777 | $85.81 | -5.87% |
| 2022-12-16 | 17 | $92 | $62 | $80.388 | $85.81 | -6.32% |
| 2023-01-18 | 17 | $92 | $62 | $80.666 | $85.81 | -5.99% |
| 2023-01-27 | 17 | $92 | $62 | $81.055 | $85.81 | -5.54% |
| 2023-02-06 | 17 | $110 | $76 | $93.263 | $85.81 | 8.69% |
| 2023-04-19 | 17 | $110 | $79 | $95.789 | $85.81 | 11.63% |
| 2023-05-04 | 17 | $110 | $79 | $95.526 | $85.81 | 11.32% |
| 2023-05-05 | 17 | $110 | $76 | $94.47 | $85.81 | 10.09% |
| 2023-05-08 | 17 | $110 | $79 | $94.578 | $85.81 | 10.22% |
| 2023-06-07 | 17 | $110 | $76 | $93.666 | $85.81 | 9.16% |
| 2023-07-12 | 17 | $110 | $76 | $93.944 | $85.81 | 9.48% |
| 2023-07-14 | 17 | $110 | $76 | $94.444 | $85.81 | 10.06% |
| 2023-07-18 | 17 | $110 | $76 | $95.277 | $85.81 | 11.03% |
| 2023-07-20 | 18 | $110 | $79 | $96.722 | $85.81 | 12.72% |
| 2023-07-26 | 18 | $110 | $80 | $98.111 | $85.81 | 14.34% |
| 2023-08-01 | 17 | $110 | $80 | $97.411 | $85.81 | 13.52% |
| 2023-08-04 | 19 | $125 | $80 | $98.888 | $85.81 | 15.24% |
| 2023-08-07 | 19 | $110 | $85 | $98.263 | $85.81 | 14.51% |
| 2023-10-10 | 19 | $110 | $85 | $98 | $85.81 | 14.21% |
| 2023-10-25 | 19 | $110 | $85 | $97.842 | $85.81 | 14.02% |
| 2023-11-06 | 19 | $110 | $75 | $92.444 | $85.81 | 7.73% |
| 2023-11-08 | 19 | $110 | $75 | $90.388 | $85.81 | 5.34% |
The Trend in the Analyst Price Target
MCHP's average price target has moved down $2.99 over the prior 19 months.
Over the past 47 weeks, MCHP's average upside potential has been 16.34%.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2023-04-05 | 17 | 110 | 79 | 95.789 | 79.52 | 20.46% |
| 2023-04-19 | 17 | 110 | 79 | 95.789 | 79.38 | 20.67% |
| 2023-05-08 | 17 | 110 | 79 | 94.578 | 74.27 | 27.34% |
| 2023-08-01 | 17 | 110 | 80 | 97.411 | 93.35 | 4.35% |
| 2023-10-10 | 19 | 110 | 85 | 98.000 | 80.78 | 21.32% |
MCHP Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 1.61 | 12 | 2 | 5 | 0 | 0 | 19 |
The Trend in the Broker Recommendations
Over the past 39 weeks, MCHP's average broker recommendation rating improved by 0.08.
Use the points listed below to better contextualize what this analyst price target and recommendations data data means 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 4739.73% of them.
- MICROCHIP TECHNOLOGY INC's upside potential (average analyst target price relative to current price) is higher than 1375% of Electronic Equipment stocks.
- MICROCHIP TECHNOLOGY INC's variance in analysts' estimates is lower than -1816.88% of Technology stocks.
- In the context of Technology stocks, MICROCHIP TECHNOLOGY INC's average analyst price target is higher than 3507.38% of them.
In the Electronic Equipment industry, SYNA, MU, and TXN are the three stocks most similar to MICROCHIP TECHNOLOGY INC regarding the price target and analyst recommendation information presented here.
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