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Microchip Technology Incorporat

MCHP

Last
$75.69
Day
+0.2%
1y
+14.7%
5y
+3.0%
52w
-28.7%
SPY YTD
+13.3%
XLK
+37.1%
Earnings
2026-11-0526d
EMA 21
76.88
EMA 50
77.42
EMA 200
77.59
20d high
-9.4%
5y high
-28.7%
5y range
58th
Website · 17,900 employees · United States

Positions held

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Score
-9
Hold
avoid
Signal
Sell
Target
$80.59
Stop
$71.29
Stop distance
5.8%
Target vs last
+6.5%

Bull / bear case

Site-generated summary from fundamentals, news, and score — not investment advice. As of 2026-10-07.

Bull case
  • Microchip Technology is well-positioned in the semiconductor industry, benefiting from increasing demand for microcontrollers and analog products across various sectors.
  • Revenue increased by 13% compared to the prior quarter, reaching $1.5 billion.
  • Gross margin improved to 63.2%, up from 61% in the previous quarter.
Bear case
  • Despite strong revenue growth, Microchip's high trailing P/E ratio of 119.5 raises concerns about valuation.
  • The company reported a net income of only $230 million for the year, reflecting a significant drop from $1.9 billion in the previous year.
  • Operating margin for 2026 is projected at 11.24%, a decline from 33.5% in 2024.

Fundamentals

Market cap$41.01BEnterprise value$46.13BTrailing P/E111.06Forward P/E16.48
PEG0.23Price / book6.36Beta1.76Dividend yield2.41%
Revenue growth38.0%Earnings growth—Gross margin60.2%Operating margin24.0%
Profit margin9.3%ROE7.2%ROA3.5%Debt / equity0.84
Current ratio1.92Free cash flow$1.36BAnalyst recommendationbuyMean target$107.84
52w high$105.9152w low$48.52

Quarterly

2026-Q22026-Q12025-Q42025-Q32025-Q2
Revenue$1.5B$1.3B$1.2B$1.1B$1.1B
Op margin24.0%17.1%13.2%8.3%5.0%
Net income$230M$144M$62.7M$41.7M-$18.6M
Gross margin63.2%61.0%59.6%55.9%53.6%
Gross profit$939M$800M$707M$638M$577M
Operating income$356M$224M$157M$95.2M$54.3M
  • Revenue +13% vs prior quarter ($1.5B vs $1.3B).
  • Gross margin 63.2% (was 61% prior quarter).
  • Operating margin expanded to 24%.

Yearly (6y)

2026202520242023
Revenue$4.7B$4.4B$7.6B$8.4B
Op margin11.2%8.5%33.5%36.9%
Net income$230M-$0.5M$1.9B$2.2B
Gross margin57.7%56.1%65.4%67.5%
Gross profit$2.7B$2.5B$5.0B$5.7B
Operating income$530M$376M$2.6B$3.1B
Headline scan

No flags

• No distress or material-risk keywords in recent headlines (keyword scan only — not a guarantee).

News

MCHP · daily+17.2% over 260 sessions
Close EMA21 EMA50 EMA200
45.6561.4377.2293.00108.782025-092025-112026-012026-042026-062026-082026-10
Quarterly · revenue, net income, margins
Revenue Net income Gross margin Op margin
-$19M$357M$733M$1.1B$1.5B0%32%63%2025-Q22025-Q32025-Q42026-Q12026-Q2