Microchip Technology Incorporated (MCHP)

US — Technology Sector
Peers: TXN  ON  ADI  QRVO  MPWR  NXPI  WOLF  SYNA  ALGM  SWKS  LSCC 

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Key Metrics & Ratings

  • symbol MCHP
  • Rev/Share 7.8557
  • Book/Share 12.7172
  • PB 5.0499
  • Debt/Equity 0.8013
  • CurrentRatio 2.3133
  • ROIC 0.0085

 

  • MktCap 34658228215.0
  • FreeCF/Share 1.3457
  • PFCF 47.7649
  • PE -233.3384
  • Debt/Assets 0.3668
  • DivYield 0.0283
  • ROE -0.0226

 

  • Rating C-
  • Score 1
  • Recommendation Strong Sell
  • P/E Score 1
  • DCF Score 3
  • P/B Score 2
  • D/E Score 1

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Initiation MCHP Wells Fargo -- Equal Weight -- $60 Sept. 15, 2025
Reiterated MCHP TD Cowen -- Hold $75 $60 Aug. 8, 2025
Initiation MCHP Goldman -- Buy -- $88 July 10, 2025
Initiation MCHP Cantor Fitzgerald -- Neutral -- $70 June 18, 2025
Reiterated MCHP UBS -- Buy $55 $60 May 9, 2025
Upgrade MCHP BofA Securities Underperform Neutral -- $56 May 9, 2025
Reiterated MCHP Raymond James -- Strong Buy $60 $65 May 9, 2025
Reiterated MCHP Citigroup -- Buy $50 $55 May 9, 2025
Reiterated MCHP B. Riley Securities -- Buy $60 $75 May 9, 2025
Reiterated MCHP TD Cowen -- Hold $35 $55 May 9, 2025

News

MCHPP: Microchip Technology's 7.5% Mandatory Convertible Preferred Stock IPO
MCHP
Published: April 21, 2025 by: Seeking Alpha
Sentiment: Positive

We analyze Microchip Technology's 7.50% Series A Mandatory Convertible Preferred Stock after its IPO, despite it not fitting our typical financial objectives. Convertible securities can offer attractive arbitrage opportunities, making them worth studying, even if they don't align with our usual investment focus. Microchip Technology has a stable 'BBB' credit rating from Fitch. However, OTC bonds are showing some weakness.

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image for news MCHPP: Microchip Technology's 7.5% Mandatory Convertible Preferred Stock IPO
How Bad Is It For Microchip (Nasdaq: MCHP), Warner Bros (Nasdaq: WBD) and Marvell (Nasdaq: MRVL) Right Now
MCHP, MRVL, WBD
Published: April 10, 2025 by: 24/7 Wall Street
Sentiment: Negative

Markets just gave back most of the day from yesterday's historic rally. All thanks to tariff uncertainty with China.

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image for news How Bad Is It For Microchip (Nasdaq: MCHP), Warner Bros (Nasdaq: WBD) and Marvell (Nasdaq: MRVL) Right Now
Microchip Technology's Fall From Grace: Can It Rebound?
MCHP
Published: March 28, 2025 by: Seeking Alpha
Sentiment: Negative

Microchip Technology faces significant challenges, including a 50% revenue drop, declining margins, and high debt levels, making current investment unattractive. The company's heavy reliance on the Asian market and lack of long-term distributor agreements add to its financial instability and market uncertainty. The sustainability of Microchip's dividend is questionable, with free cash flow insufficient to cover payouts, suggesting a potential cut.

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image for news Microchip Technology's Fall From Grace: Can It Rebound?
Introducing SAMA7D65 Microprocessors Available in System-in-Package and System-on-Chip with Advanced Graphics and Connectivity Features
MCHP
Published: February 26, 2025 by: GlobeNewsWire
Sentiment: Neutral

CHANDLER, Ariz., Feb. 26, 2025 (GLOBE NEWSWIRE) -- Embedded developers must address the challenge of designing systems that achieve a balance between compactness, energy efficiency and high performance.

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image for news Introducing SAMA7D65 Microprocessors Available in System-in-Package and System-on-Chip with Advanced Graphics and Connectivity Features
Microchip Extends maXTouch® M1 Generation Family to Support Large, Curved and Shaped Automotive Displays
MCHP
Published: February 20, 2025 by: GlobeNewsWire
Sentiment: Neutral

CHANDLER, Ariz., Feb. 20, 2025 (GLOBE NEWSWIRE) -- Automakers are revolutionizing the driving experience with innovative smart cockpit designs that feature large displays and emerging technologies like Organic Light Emitting Diodes (OLEDs) and microLEDs, seamlessly blending functionality with brand identity.

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image for news Microchip Extends maXTouch® M1 Generation Family to Support Large, Curved and Shaped Automotive Displays
Artificial Intelligence Meets Embedded Development with Microchip's MPLAB® AI Coding Assistant
MCHP
Published: February 19, 2025 by: GlobeNewsWire
Sentiment: Neutral

We're harnessing the power of AI to provide interactive, real-time support that helps developers create better software, more quickly and with less hassle.

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image for news Artificial Intelligence Meets Embedded Development with Microchip's MPLAB® AI Coding Assistant
Microchip Technology: MCHP Needs To Show Tangible Improvements (Rating Downgrade)
MCHP
Published: February 13, 2025 by: Seeking Alpha
Sentiment: Negative

Downgrade MCHP to hold due to persistent revenue declines, inventory overhang, and deteriorating margins, with no immediate turnaround in sight. 3Q25 results showed a 42% y/y revenue decline, with gross margin compressing to 54.7% and EBIT margin dropping to 15.7%. Inventory levels remain critically high, impacting revenue growth and margins, with distributors still working through existing stock.

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image for news Microchip Technology: MCHP Needs To Show Tangible Improvements (Rating Downgrade)

About Microchip Technology Incorporated (MCHP)

  • IPO Date 1993-03-19
  • Website https://www.microchip.com
  • Industry Semiconductors
  • CEO Stephen Sanghi
  • Employees 22300

Microchip Technology Incorporated develops, manufactures, and sells 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 microcontrollers; 32-bit embedded microprocessors markets; and specialized microcontrollers for automotive, industrial, computing, communications, lighting, power supplies, motor control, human machine interface, security, wired connectivity, and wireless connectivity applications. It also provides development tools that enable system designers to program microcontroller and microprocessor products for specific applications; field-programmable gate array (FPGA) products; and analog, interface, mixed signal, and timing products comprising power management, linear, mixed-signal, high-voltage, thermal management, discrete diodes and metal oxide semiconductor field effect transistors (MOSFETS), radio frequency (RF), drivers, safety, security, timing, USB, Ethernet, wireless, and other interface products. In addition, the company offers memory products consisting of serial electrically erasable programmable read-only memory, serial flash memories, parallel flash memories, serial static random access memories, and serial electrically erasable random access memories for the production of very small footprint devices; and licenses its SuperFlash embedded flash and NVM technologies to foundries, integrated device manufacturers, and design partners for use in the manufacture of microcontroller products, gate array, RF, analog, and neuromorphic compute products that require embedded non-volatile memory, as well as provides engineering services. Further, it offers wafer foundry and assembly, and test subcontracting manufacturing services; and timing systems products, application specific integrated circuits, and aerospace products. Microchip Technology Incorporated was incorporated in 1989 and is headquartered in Chandler, Arizona.