Microchip Technology Stock Forecast

Stock Price Forecast

The 22 analysts with 12-month price forecasts for Microchip Technology stock have an average target of 111.18, with a low estimate of 85 and a high estimate of 130. The average target predicts an increase of 26.44% from the current stock price of 87.93.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$85	$111.18	$115	$130
Change	-3.33%	+26.44%	+30.79%	+47.84%

Analyst Ratings

The average analyst rating for Microchip Technology stock from 25 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jan '26	Feb '26	Mar '26	Apr '26	May '26	Jun '26
Strong Buy	17	17	17	17	17	17
Buy	4	3	2	3	3	2
Hold	4	6	6	5	5	5
Sell	1	0	0	1	1	1
Strong Sell	0	0	0	0	0	0
Total	26	26	25	26	26	25

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Joseph Quatrochi Wells Fargo	Wells Fargo	Hold Reiterates $110 → $95	Hold	Reiterates	$110 → $95	+8.04%	Jun 9, 2026
Mark Lipacis Evercore ISI	Evercore ISI	Buy Maintains $117	Buy	Maintains	$117	+33.06%	Jun 4, 2026
Tore Svanberg Stifel Nicolaus	Stifel Nicolaus	Buy Maintains $108	Buy	Maintains	$108	+22.82%	Jun 3, 2026
Joseph Moore Morgan Stanley	Morgan Stanley	Hold Reiterates $94	Hold	Reiterates	$94	+6.90%	Jun 2, 2026
Vivek Arya Bank of America Securities	Bank of America Securities	Buy Reiterates $112 → $122	Buy	Reiterates	$112 → $122	+38.75%	May 11, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

6.18B

from 4.71B

31.13%

from 4.71B

Revenue Next Year

7.12B

from 6.18B

15.25%

from 6.18B

EPS This Year

3.16

from 1.64

92.79%

from 1.64

EPS Next Year

4.11

from 3.16

30.08%

from 3.16

Fiscal Year	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027	FY 2028
Period Ending	Mar 31, 2022	Mar 31, 2023	Mar 31, 2024	Mar 31, 2025	Mar 31, 2026	Mar 31, 2027	Mar 31, 2028
Revenue	6.82B	8.44B	7.63B	4.40B	4.71B	6.18B	7.12B
Revenue Growth	25.42%	23.72%	-9.53%	-42.35%	7.08%	31.13%	15.25%
EPS	2.27	4.02	3.48	-0.01	0.22	1.73	2.78
EPS Growth	249.23%	77.09%	-13.43%	-	-	688.69%	60.06%
Forward PE	-	-	-	-	-	50.71	31.68
No. Analysts	-	-	-	-	-	22	21

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2027	2028
High	6.5B	8.2B
Avg	6.2B	7.1B
Low	5.9B	6.7B

Revenue Growth

Revenue Growth	2027	2028
High	37.9%	32.6%
Avg	31.1%	15.2%
Low	26.2%	8.1%

EPS Forecast

EPS	2027	2028
High	3.60	5.42
Avg	3.16	4.11
Low	2.85	3.49

EPS Growth

EPS Growth	2027	2028
High	119.3%	71.3%
Avg	92.8%	30.1%
Low	73.8%	10.4%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.