Analysts set a USD 98.67 target for Microchip Technology stock

Published on 10/17/2026 at 18:50 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Microchip expects USD 0.91-0.95 earnings per share in its second quarter. Microchip Technology stock was last at USD 73.85 on October 16, 2026 at 4:00 p.m. ET, down 0.55 percent versus the prior close.

Analyst targets and quarterly guidance

On October 16, 2026, MarketBeat cited a USD 98.67 average target from 24 analysts.
Microchip expects USD 0.91-0.95 earnings per share in its second quarter.
Microchip Technology stock was last at USD 73.85 at 4:00 p.m. ET on October 16, 2026, down 0.55 percent versus the prior close.
The price-to-earnings ratio was 102.4.

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Analysts cited a USD 98.67 average 12-month target for Microchip Technology, leaving the stock 33.61 percent below that level against its last Nasdaq price of USD 73.85. MarketBeat reported the consensus on October 16, 2026, based on 24 analysts. Microchip Technology was last at USD 73.85 at 4:00 p.m. ET on October 16, 2026, down 0.55 percent from USD 74.26.

Guidance points to the next quarter

Microchip's second-quarter fiscal 2027 guidance is USD 0.91-0.95 for earnings per share. The range was cited by MarketBeat on October 16, 2026. KeyCorp lifted its estimate for the quarter to USD 0.85 from USD 0.74 in a report dated October 14, 2026, providing a separate earnings reference for the coming period.

Price sits below the yearly high

The last Nasdaq price of USD 73.85 on October 16, 2026 stood 30.27 percent below the 52-week high of USD 105.91 and 52.20 percent above the 52-week low of USD 48.52. The share price was down 0.55 percent from the previous Nasdaq close, while the reported volume was 18,575,689 shares against an average of 9,424,312.

Microchip's fiscal first-quarter 2027 revenue was USD 1.48 billion, compared with USD 1.31 billion in fiscal fourth-quarter 2026. Operating margin was 23.00 percent in fiscal first-quarter 2027 versus 17.00 percent in the prior quarter. These figures place the guidance range beside a business showing sequential improvement in both sales and operating profitability.

Valuation and the next reporting date

Market capitalization was USD 40.1 billion, the price-to-earnings ratio was 102.4 and the dividend yield was 2.00 percent as of October 16, 2026. The next scheduled results date is November 5, 2026, after the market close, according to Gekko.

Comparison with peers

Microchip Technology (NASDAQ, USD): minus 0.55 percent, P/E 102.4, market capitalization USD 40.1 billion.

Texas Instruments (NASDAQ, USD): minus 0.95 percent, P/E 42.0, market capitalization USD 252.5 billion.

Analog Devices (NASDAQ, USD): minus 2.11 percent, P/E 46.9, market capitalization USD 191.6 billion.

What the numbers leave investors

Microchip's target consensus sits well above the last Nasdaq price, but the valuation multiple is also materially higher than those of Texas Instruments and Analog Devices. The next scheduled report on November 5, 2026 will put the USD 0.91-0.95 earnings-per-share range against the company's latest operating improvement.

The last available Nasdaq price was USD 73.85 on October 16, 2026 at 4:00 p.m. ET, down 0.55 percent versus the prior close of USD 74.26.