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Microchip Technology Inc
NASDAQ:MCHP

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Microchip Technology Inc
NASDAQ:MCHP
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Price: 102.34 USD 2.58%
Market Cap: $55.5B

Wall St Price Targets

MCHP Price Targets Summary
Microchip Technology Inc

Wall Street analysts forecast MCHP stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for MCHP is 114 USD with a low forecast of 75.75 USD and a high forecast of 141.75 USD.

Lowest Forecast
Price Target
75.75 USD
26% Downside
Average Forecast
Price Target
114 USD
11% Upside
Highest Forecast
Price Target
141.75 USD
39% Upside
Microchip Technology Inc Competitors:
Price Targets
ATLO
Ames National Corp
7% Upside

Revenue
Forecast

9% / Year
Past Growth
19% / Year
Estimated Growth
Estimates Accuracy
-2%
Average Miss
9% / Year
Past Growth
19% / Year
Estimated Growth
Estimates Accuracy
-2%
Average Miss

Over the last 14 years, the compound annual growth rate for Revenue has been 9%. The projected CAGR for the next 3 years is 19%.

Gross Profit
Forecast

9% / Year
Past Growth
24% / Year
Estimated Growth
Estimates Accuracy
-3%
Average Miss
9% / Year
Past Growth
24% / Year
Estimated Growth
Estimates Accuracy
-3%
Average Miss

Over the last 14 years, the compound annual growth rate for Gross Profit has been 9%. The projected CAGR for the next 3 years is 24%.

Operating Income
Forecast

2% / Year
Past Growth
78% / Year
Estimated Growth
Estimates Accuracy
-48%
Average Miss
2% / Year
Past Growth
78% / Year
Estimated Growth
Estimates Accuracy
-48%
Average Miss

Over the last 14 years, the compound annual growth rate for Operating Income has been 2%. The projected CAGR for the next 3 years is 78%.

Pre-Tax Income
Forecast

-2% / Year
Past Growth
106% / Year
Estimated Growth
Estimates Accuracy
-52%
Average Miss
-2% / Year
Past Growth
106% / Year
Estimated Growth
Estimates Accuracy
-52%
Average Miss

Over the last 14 years, the compound annual growth rate for Pre-Tax Income has been -2%. The projected CAGR for the next 3 years is 106%.

Net Income
Forecast

-7% / Year
Past Growth
182% / Year
Estimated Growth
Estimates Accuracy
-55%
Average Miss
-7% / Year
Past Growth
182% / Year
Estimated Growth
Estimates Accuracy
-55%
Average Miss

Over the last 14 years, the compound annual growth rate for Net Income has been -7%. The projected CAGR for the next 3 years is 182%.

Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What you see on other sites is mostly sourced from sell-side analysts.

What is MCHP's stock price target?
Price Target
114 USD

According to Wall Street analysts, the average 1-year price target for MCHP is 114 USD with a low forecast of 75.75 USD and a high forecast of 141.75 USD.

What is the Revenue forecast for Microchip Technology Inc?
Projected CAGR
19%

Over the last 14 years, the compound annual growth rate for Revenue has been 9%. The projected CAGR for the next 3 years is 19%.

What is the Gross Profit forecast for Microchip Technology Inc?
Projected CAGR
24%

Over the last 14 years, the compound annual growth rate for Gross Profit has been 9%. The projected CAGR for the next 3 years is 24%.

What is the Operating Income forecast for Microchip Technology Inc?
Projected CAGR
78%

Over the last 14 years, the compound annual growth rate for Operating Income has been 2%. The projected CAGR for the next 3 years is 78%.

What is the Pre-Tax Income forecast for Microchip Technology Inc?
Projected CAGR
106%

Over the last 14 years, the compound annual growth rate for Pre-Tax Income has been -2%. The projected CAGR for the next 3 years is 106%.

What is the Net Income forecast for Microchip Technology Inc?
Projected CAGR
182%

Over the last 14 years, the compound annual growth rate for Net Income has been -7%. The projected CAGR for the next 3 years is 182%.

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