Research Analysts Offer Predictions for MCHP Q3 Earnings

Microchip Technology Incorporated (NASDAQ:MCHP) – Equities research analysts at Zacks Research lowered their Q3 2025 EPS estimates for Microchip Technology in a research note issued to investors on Tuesday, February 4th. Zacks Research analyst R. Department now forecasts that the semiconductor company will post earnings per share of $0.21 for the quarter, down from their previous forecast of $0.24. The consensus estimate for Microchip Technology’s current full-year earnings is $1.31 per share. Zacks Research also issued estimates for Microchip Technology’s Q4 2025 earnings at $0.24 EPS, FY2025 earnings at $1.30 EPS, Q1 2026 earnings at $0.35 EPS and Q3 2026 earnings at $0.39 EPS.

Other analysts also recently issued reports about the company. KeyCorp lowered their price objective on Microchip Technology from $90.00 to $70.00 and set an “overweight” rating for the company in a research note on Tuesday, January 14th. The Goldman Sachs Group reduced their target price on Microchip Technology from $72.00 to $63.00 and set a “neutral” rating for the company in a report on Friday, January 10th. Stifel Nicolaus dropped their target price on shares of Microchip Technology from $90.00 to $87.00 and set a “buy” rating for the company in a research report on Tuesday, December 3rd. Needham & Company LLC restated a “buy” rating and issued a $85.00 price objective on shares of Microchip Technology in a report on Tuesday, December 3rd. Finally, Piper Sandler dropped their target price on Microchip Technology from $100.00 to $85.00 and set an “overweight” rating for the company in a report on Wednesday, November 6th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and thirteen have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $81.67.

Microchip Technology Stock Up 1.7 %

Microchip Technology stock opened at $53.50 on Thursday. Microchip Technology has a 52-week low of $51.37 and a 52-week high of $100.57. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.48 and a current ratio of 0.88. The firm has a 50 day moving average price of $58.62 and a two-hundred day moving average price of $70.50. The firm has a market cap of $28.73 billion, a price-to-earnings ratio of 37.41 and a beta of 1.50.

Microchip Technology (NASDAQ:MCHP) last announced its quarterly earnings results on Tuesday, November 5th. The semiconductor company reported $0.46 EPS for the quarter, beating analysts’ consensus estimates of $0.43 by $0.03. Microchip Technology had a return on equity of 19.47% and a net margin of 14.22%. The company had revenue of $1.16 billion during the quarter, compared to analysts’ expectations of $1.15 billion. During the same period in the prior year, the company earned $1.54 EPS. Microchip Technology’s revenue was down 48.4% compared to the same quarter last year.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in MCHP. Van ECK Associates Corp raised its holdings in Microchip Technology by 39.3% in the 4th quarter. Van ECK Associates Corp now owns 11,093,007 shares of the semiconductor company’s stock worth $636,184,000 after purchasing an additional 3,131,807 shares during the period. Franklin Resources Inc. lifted its stake in Microchip Technology by 30.2% in the 3rd quarter. Franklin Resources Inc. now owns 3,347,643 shares of the semiconductor company’s stock worth $264,430,000 after purchasing an additional 776,408 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its stake in Microchip Technology by 0.9% during the third quarter. Charles Schwab Investment Management Inc. now owns 3,026,946 shares of the semiconductor company’s stock valued at $243,034,000 after buying an additional 25,872 shares during the last quarter. Assenagon Asset Management S.A. grew its holdings in shares of Microchip Technology by 9,901.6% in the fourth quarter. Assenagon Asset Management S.A. now owns 2,857,654 shares of the semiconductor company’s stock valued at $163,886,000 after purchasing an additional 2,829,082 shares in the last quarter. Finally, Healthcare of Ontario Pension Plan Trust Fund raised its position in shares of Microchip Technology by 20.1% during the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,751,987 shares of the semiconductor company’s stock valued at $220,957,000 after buying an additional 460,697 shares in the last quarter. 91.51% of the stock is owned by hedge funds and other institutional investors.

About Microchip Technology

Microchip Technology Incorporated engages in the development, manufacture, and sale of smart, connected, and secure embedded control solutions in the Americas, Europe, and Asia. The company offers general purpose 8-bit, 16-bit, and 32-bit mixed-signal microcontrollers; 32-bit embedded mixed-signal microprocessors; and specialized microcontrollers for automotive, industrial, computing, communications, lighting, power supplies, motor control, human machine interface, security, wired connectivity, and wireless connectivity applications.