Microchip Technology Incorporated ($MCHP) Stock Forecast: Up 5.1% Today

What is Microchip Technology Incorporated?

Microchip Technology Inc. (MCHP) is a leading provider of microcontroller, mixed-signal, analog, and Flash-IP solutions. Today, the stock experienced a strong bullish movement.

Why is Microchip Technology Incorporated going up?

MCHP stock is up 5.1% on Dec 5, 2025 14:42

• MCHP's shares surged by 12.17% after the company raised its financial growth outlook for the third quarter of fiscal year 2026, with net sales expected to increase by 12% year-on-year. This positive revision contributed to the bullish momentum.
• Analysts reiterated a "Buy" rating with an increased price target of $80, indicating a 41% upside potential. This endorsement likely boosted investor confidence in the stock.
• Another financial firm adjusted its price target to $75 from $73, maintaining a Buy rating, citing improved bookings and backlog, as well as strong demand across various sectors. This optimistic outlook further fueled the bullish sentiment.
• The overall positive market sentiment towards MCHP, driven by improved financial outlook, analyst endorsements, and strong sector demand, propelled the stock to outperform competitors and the broader market, leading to a notable bullish movement.

MCHP Price Chart

MCHP Technical Analysis

MCHP News

Microchip (MCHP) Climbs 12% on Higher Growth Outlook

Microchip Technology Inc. (MCHP) saw its shares climb by 12.17% after raising its financial growth outlook for the third quarter of fiscal year 2026. The company now expects net sales and diluted earnings per share to be at the high end of its previous guidance, with net sales targeted to jump by 12% year-on-year. MCHP's President and CEO, Steve Sanghi, attributed the better-than-expected performance to strong bookings and execution of their recovery plan.

https://www.insidermonkey.com/blog/microchip-mchp-climbs-12-on-higher-growth-outlook-1654985/

Microchip Technology Inc. stock outperforms competitors on strong trading day

Microchip Technology Inc. (MCHP) saw its stock rise by 1.75% to $64.72 on Thursday, marking its third consecutive day of gains. This performance outperformed the broader market, with the S&P 500 Index rising and the Dow Jones Industrial Average slightly falling on a mixed trading day.

https://www.marketwatch.com/data-news/microchip-technology-inc-stock-outperforms-competitors-on-strong-trading-day-40438a6d-b03ecb0ae143?mod=mw_quote_news&gaa_at=eafs&gaa_n=AWEtsqfcIN8o6LmT_zjple3XGvjuP5GaG_BQ77nF65WmoznvWnNSexQXSBYD&gaa_ts=6932883f&gaa_sig=qBr8qx3oHsUUZrxAr9TNhzieqyxA2cYaXJnBFtcbdjyubtdgdXOo6l6jWjGzrt7_5qauNzGmqQKQcCdHXWEZrg%3D%3D

Microchip Technology's (MCHP) Buy Rating Reiterated at Rosenblatt Securities

Rosenblatt Securities has reiterated a "Buy" rating for Microchip Technology (MCHP) with an $80 price target, suggesting a 41% upside. Despite a mixed analyst sentiment, the company slightly beat quarterly estimates but faces profitability pressures with negative net margin and P/E. Shares currently trade around $56.71, and institutional investors hold a significant portion of the company's stock.

https://www.marketbeat.com/instant-alerts/microchip-technologys-mchp-buy-rating-reiterated-at-rosenblatt-securities-2025-12-03/

Needham Adjusts Price Target on Microchip Technology to $75 From $73, Maintains Buy Rating

Needham has raised its price target for Microchip Technology (MCHP) to $75 from $73, while reiterating a Buy rating on the stock. This adjustment reflects a positive outlook on the company's performance. The article also mentions recent news regarding Microchip Technology, including revised fiscal Q3 guidance and new product announcements.

https://www.marketscreener.com/news/needham-adjusts-price-target-on-microchip-technology-to-75-from-73-maintains-buy-rating-ce7d51dfdc8ef124

Microchip Technology stock price target raised to $75 from $73 at Needham

Needham has increased its price target for Microchip Technology (NASDAQ:MCHP) to $75 from $73, maintaining a Buy rating due to improved bookings and backlog, with November bookings reaching a three-year high. The company projects fiscal third-quarter 2026 revenue and EPS to be at the high end of previous guidance, expecting to return to profitability this fiscal year. Demand remains robust in aerospace and defense and data center segments, and has recently strengthened in communications, automotive, and industrial sectors.

https://www.investing.com/news/analyst-ratings/microchip-technology-stock-price-target-raised-to-75-from-73-at-needham-93CH-4390231

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Microchip Technology Incorporated Price History

20.02.2025 - MCHP Stock was down 5.0%

• The launch of the E2W ecosystem by Microchip Technology, aimed at boosting efficiency and safety in electric scooters, may have been perceived as a costly and risky venture, leading to a bearish sentiment among investors.
• Investors may have had concerns about the potential market acceptance and profitability of the innovative solutions offered by the E2W ecosystem, contributing to the decline in the stock price.
• The market's negative reaction to the announcement could be attributed to uncertainties surrounding the scalability and competitive advantage of the new ecosystem, prompting a sell-off of Microchip's shares.

05.11.2024 - MCHP Stock was down 5.4%

• MCHP witnessed a downtrend in the market today.
• The decision to withdraw its request for U.S. semiconductor grants could be one of the factors influencing the negative market sentiment.
• Concerns may arise among investors regarding the potential effects on the company's growth and innovation in the absence of the subsidy.
• Disappointment among investors could have been triggered by the absence of favorable updates or advancements during the UBS Global Technology and AI Conference presentation, contributing to the decline in MCHP's stock value.

03.11.2024 - MCHP Stock was down 5.2%

• The bearish movement in MCHP stock could be due to profit-taking by investors after a recent uptrend.
• Despite presenting at a technology and AI conference, the market may have reacted negatively to the presentation or outlook provided by the company.
• Investors might be concerned about competition in the technology and AI sector, leading to a sell-off of MCHP shares.
• It's possible that macroeconomic factors or overall market sentiment influenced the bearish movement in MCHP stock today.

02.11.2025 - MCHP Stock was up 5.0%

• Despite trailing behind the Dow Jones Industrials Average in recent periods, MCHP displayed a bullish trend today.
• Participation in the UBS Global Technology and AI Conference 2025, focusing on future projections and offerings, could have boosted investor confidence.
• Notable acquisitions of MCHP shares by institutional investors like Norges Bank and Silvant Capital Management LLC might have influenced the positive market outlook.
• Surpassing Q2 earnings and revenue expectations, combined with an analysts' "Moderate Buy" rating and the declaration of a quarterly dividend, likely contributed to the stock's upward trajectory.

05.11.2025 - MCHP Stock was up 5.1%

• MCHP's shares surged by 12.17% after the company raised its financial growth outlook for the third quarter of fiscal year 2026, with net sales expected to increase by 12% year-on-year. This positive revision contributed to the bullish momentum.
• Analysts reiterated a "Buy" rating with an increased price target of $80, indicating a 41% upside potential. This endorsement likely boosted investor confidence in the stock.
• Another financial firm adjusted its price target to $75 from $73, maintaining a Buy rating, citing improved bookings and backlog, as well as strong demand across various sectors. This optimistic outlook further fueled the bullish sentiment.
• The overall positive market sentiment towards MCHP, driven by improved financial outlook, analyst endorsements, and strong sector demand, propelled the stock to outperform competitors and the broader market, leading to a notable bullish movement.

03.11.2025 - MCHP Stock was up 14.2%

• Microchip Technology's stock rose following an upward revision of its third-quarter expectations, with improved performance and higher adjusted EPS and net sales forecasts.
• The launch of new low-power digital power monitors, the PAC1711 and PAC1811, which consume half the power of similar solutions, likely influenced the positive market sentiment.
• The bullish trend can also be linked to Microchip's upgraded Q4 guidance, indicating quicker inventory turnover and stabilizing market conditions, backing the company's multi-year recovery outlook.
• Analysts hold an optimistic view on the stock, with a median price target of $75, reflecting confidence in Microchip's growth potential in the semiconductor industry.

03.11.2025 - MCHP Stock was up 12.1%

• Marvell Technology Inc. reported strong earnings, positively impacting the semiconductor industry, including Microchip Technology.
• Microchip's improved third-quarter outlook and the introduction of new low-power digital power monitors have received investor attention, resulting in a bullish movement in the stock.
• The company's decision to raise its Q4 guidance to the high end of the range demonstrates confidence in its performance and market conditions, driving the stock price higher.
• Overall, Microchip's strategic advancements in product development and financial outlook have contributed to today's bullish movement in its stock.

03.11.2025 - MCHP Stock was up 11.2%

• MCHP stock experienced a strong bullish movement today due to multiple positive catalysts:
• The announcement of a groundbreaking power-saving innovation for portable devices, which is expected to boost demand for Microchip's energy-efficient chips and improve battery life in electronics.
• Strong Q3 earnings expectations exceeding analyst forecasts, showcasing the company's strategic initiatives and financial management that have garnered investor confidence.
• Improved third-quarter outlook with raised adjusted EPS and net sales forecasts, signaling better-than-expected performance and positive sentiment from analysts.
• The combination of these factors has propelled MCHP stock higher, positioning the company for continued growth and market outperformance in the semiconductor industry.

10.02.2025 - MCHP Stock was down 5.1%

• Microchip Technology's recent presentation at an investor conference may not have met investor expectations, leading to a sell-off of the stock.
• The market might have reacted negatively to concerns raised during the presentation, causing a bearish trend in MCHP's stock price.
• Investors may have been expecting more positive outlook or growth projections from the conference, and the lack of such information could have contributed to the downward movement in MCHP's stock.

07.01.2025 - MCHP Stock was down 5.1%

• Microchip Technology (MCHP) experienced a strong bearish movement after reporting quarterly earnings below analyst expectations.
• The earnings per share of 20 cents fell short of the consensus estimate of 28 cents, leading to investor disappointment.
• The lower-than-expected quarterly revenue of $1.02 billion, missing the consensus estimate of $1.06 billion, further contributed to the negative market sentiment surrounding MCHP.
• Investors reacted to the disappointing financial results by selling off Microchip's shares, causing the bearish movement in the stock price.

21.10.2025 - MCHP Stock was down 5.1%

• The announcement of Microchip Technology presenting at the Wells Fargo 9th Annual TMT Summit did not seem to excite investors, leading to a bearish movement in the stock.
• Investors may have been expecting more significant news or developments from the company's participation in the summit, causing disappointment and selling pressure.
• The lack of any groundbreaking updates or future growth prospects discussed during the presentation could have contributed to the negative market sentiment towards MCHP today.

04.11.2025 - MCHP Stock was up 5.3%

• An reiterated "Buy" rating and $80 price target for MCHP from Rosenblatt Securities, despite profitability pressures, boosted investor sentiment and drove the stock price up.
• Strong Q2 earnings, new product innovations like the LAN866x family and CAN FD Transceiver, and favorable geopolitical shifts regarding semiconductor tariffs and export limits contributed to MCHP's stock performance.
• The announcement of a major power-saving innovation for portable devices, expected to significantly improve battery life, increased investor interest and trading volume, further pushing the stock price up.
• Higher trading volume and increased investor interest were also fueled by MCHP raising its Q3 earnings expectations above analyst forecasts, showcasing strong operational performance and strategic initiatives within the semiconductor industry.