MICROCHIP TECHNOLOGY INC (MCHP) Stock Analyst Ratings
NASDAQ:MCHP - Nasdaq - US5950171042 - Common Stock
ChartMill assigns a Buy % Consensus number of 79% to MCHP. The Buy consensus is the weighted average rating of the current analysts ratings.
Analysts have set a mean price target forecast of 85.56. This target is 45.7% above the current price.
MCHP was analyzed by 31 analysts. The buy percentage consensus is at 79. So analysts seem to be have mildly positive about MCHP.
In the previous month the buy percentage consensus was at a similar level.
MCHP was analyzed by 31 analysts, which is quite many. So the average rating should be quite meaningful.
Price Target & Forecast
| Date | Firm | Action | Rating |
|---|---|---|---|
| 2025-01-14 | Keybanc | Maintains | Overweight -> Overweight |
| 2025-01-10 | Mizuho | Maintains | Outperform -> Outperform |
| 2025-01-10 | Goldman Sachs | Maintains | Neutral -> Neutral |
| 2024-12-16 | B of A Securities | Downgrade | Neutral -> Underperform |
| 2024-12-03 | Needham | Reiterate | Buy -> Buy |
| 2024-12-03 | Keybanc | Maintains | Overweight -> Overweight |
| 2024-12-03 | Stifel | Maintains | Buy -> Buy |
| 2024-11-06 | TD Cowen | Maintains | Hold -> Hold |
| 2024-11-06 | Needham | Maintains | Buy -> Buy |
| 2024-11-06 | Keybanc | Maintains | Overweight -> Overweight |
| 2024-11-06 | Rosenblatt | Maintains | Buy -> Buy |
| 2024-11-06 | Susquehanna | Maintains | Positive -> Positive |
| 2024-11-06 | Evercore ISI Group | Reiterate | Outperform -> Outperform |
| 2024-11-06 | Piper Sandler | Maintains | Overweight -> Overweight |
| 2024-11-06 | Citigroup | Maintains | Buy -> Buy |
| 2024-11-06 | Jefferies | Maintains | Buy -> Buy |
| 2024-10-21 | Susquehanna | Maintains | Positive -> Positive |
| 2024-09-23 | Truist Securities | Downgrade | Buy -> Hold |
| 2024-08-16 | Piper Sandler | Upgrade | Neutral -> Overweight |
| 2024-08-05 | Needham | Maintains | Buy -> Buy |
| 2024-08-05 | Rosenblatt | Maintains | Buy -> Buy |
| 2024-08-02 | B. Riley Securities | Maintains | Buy -> Buy |
| 2024-08-02 | Susquehanna | Maintains | Positive -> Positive |
| 2024-08-02 | Truist Securities | Maintains | Buy -> Buy |
| 2024-08-02 | JP Morgan | Maintains | Overweight -> Overweight |
| 2024-08-02 | B of A Securities | Downgrade | Buy -> Neutral |
| 2024-08-02 | Citigroup | Maintains | Buy -> Buy |
| 2024-07-31 | Rosenblatt | Maintains | Buy -> Buy |
| 2024-07-17 | Susquehanna | Maintains | Positive -> Positive |
| 2024-07-11 | Morgan Stanley | Downgrade | Overweight -> Equal-Weight |