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Microchip Technology Inc
NASDAQ:MCHP

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Microchip Technology Inc Logo
Microchip Technology Inc
NASDAQ:MCHP
Watchlist
Price: 91.36 USD 2.12% Market Closed
Updated: May 5, 2024

Wall Street
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 95.82 USD with a low forecast of 77.77 USD and a high forecast of 111.3 USD.

Lowest
Price Target
77.77 USD
15% Downside
Average
Price Target
95.82 USD
5% Upside
Highest
Price Target
111.3 USD
22% Upside

MCHP Last Price Targets
Microchip Technology Inc

The latest public price target was made on Apr 15, 2024 by Mark Lipacis from Evercore ISI , who expects MCHP stock to rise by 16% over the next 12 months. You can read more about this price target by viewing the article on TheFly.

Analyst Price Target Date Article
Mark Lipacis
Evercore ISI
106 USD
Upside 16%
2 weeks ago
Apr 15, 2024
Microchip initiated with an Outperform at Evercore ISI
TheFly
Mark Lipacis
Evercore ISI
Price Target 106 USD
Upside/Downside 16%
View Source
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Revenue
Forecast

Revenue Estimate
Microchip Technology Inc

For the last 8 years the compound annual growth rate for Microchip Technology Inc's revenue is 19%. The projected CAGR for the next 4 years is -1%.

19%
Past Growth
-1%
Estimated Growth
Estimates Accuracy
-2%
Average Miss

Operating Income
Forecast

Operating Income Estimate
Microchip Technology Inc

For the last 8 years the compound annual growth rate for Microchip Technology Inc's operating income is 28%. The projected CAGR for the next 3 years is -1%.

28%
Past Growth
-1%
Estimated Growth
Estimates Accuracy
-48%
Average Miss

Net Income
Forecast

Net Income Estimate
Microchip Technology Inc

For the last 8 years the compound annual growth rate for Microchip Technology Inc's net income is 25%. The projected CAGR for the next 4 years is 7%.

25%
Past Growth
7%
Estimated Growth
Estimates Accuracy
-62%
Average Miss

See Also

Discover More
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 is available on other sites you are seeing are mostly from the sell-side analysts.

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

According to Wall Street analysts, the average 1-year price target for MCHP is 95.82 USD with a low forecast of 77.77 USD and a high forecast of 111.3 USD.

What is Microchip Technology Inc's Revenue forecast?
Projected CAGR
-1%

For the last 8 years the compound annual growth rate for Microchip Technology Inc's revenue is 19%. The projected CAGR for the next 4 years is -1%.

What is Microchip Technology Inc's Operating Income forecast?
Projected CAGR
-1%

For the last 8 years the compound annual growth rate for Microchip Technology Inc's operating income is 28%. The projected CAGR for the next 3 years is -1%.

What is Microchip Technology Inc's Net Income forecast?
Projected CAGR
7%

For the last 8 years the compound annual growth rate for Microchip Technology Inc's net income is 25%. The projected CAGR for the next 4 years is 7%.