Microchip completes Hailo acquisition: USD 98.67 average target for Microchip Technology stock
Published on 10/06/2026 at 10:19 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Microchip Technology (US5950171042) completed its Hailo acquisition on September 21, 2026, adding edge AI accelerators and vision processors to its semiconductor portfolio, according to Microchip Technology. The average twelve-month target among 24 ratings firms stood at USD 98.67 on October 6, 2026, according to MarketBeat.
Hailo adds edge AI capacity
The transaction brings Hailo's AI accelerators, vision processors, robotics processors and AI software into Microchip's existing embedded systems portfolio. Microchip said the terms were not disclosed and that the acquisition was not expected to have a material impact on financial results, making product integration and customer adoption the main measurable follow-through.
Hailo brings more than 100 customers and a developer community exceeding 10,000 users, according to the September 21 release. That installed base gives Microchip a concrete distribution channel for edge AI products across computer vision, robotics and intelligent connected systems.
Revenue beats consensus in fiscal 2027
Microchip reported USD 1.48 billion of revenue in the first quarter of fiscal 2027 versus USD 1.46 billion consensus, while earnings per share came in at USD 0.76 versus USD 0.70 expected, according to Investing.com. Revenue was up 38.00 percent year over year, giving the Hailo strategy a stronger demand backdrop than the acquisition alone would provide.
The next earnings report is scheduled for October 29, 2026, according to Investing.com. MarketBeat lists 13 buy ratings, eight holds and three strong-buy ratings, while BMO Capital Markets set a USD 95.00 target in its August 21 coverage initiation.
EUR 72.68 in trading
Microchip Technology stock was trading at EUR 72.68 at Lang & Schwarz on October 6, 2026 at 10:10 a.m. CEST, up 0.37 percent versus the Lang & Schwarz prior close of EUR 72.41 on October 5, 2026. The primary Nasdaq quotation was USD 81.49 on October 5, 2026, and the 52-week range was USD 48.52 to USD 105.91; market capitalization was USD 44.2 billion as of October 6, 2026.
The further course of trading is shown by the continuously updated real-time quote of Microchip Technology stock.
Microchip Technology at a glance
- Company: Microchip Technology Incorporated
- ISIN: US5950171042
- Ticker: MCHP
- Primary exchange: NASDAQ
- Price Lang & Schwarz as of October 6, 2026, 10:10 a.m. CEST: EUR 72.68
- Change versus prior close: plus 0.37 percent
- Prior close Lang & Schwarz October 5, 2026: EUR 72.41
- Market capitalization: USD 44.2 billion as of October 6, 2026
- 52-week range: USD 48.52-105.91 as of October 6, 2026
- Sector / Industry: Technology / Semiconductors
