Microchip Technology Incorporated (MCHP) Stock Forecast
MCHP analyst forecast
as of October 18, 2026- Analyst consensus
- Buy 4.46 / 5 from 26 analysts
- Price target
- $107.84 average of analyst targets
- Upside to target
- +46.0% from the latest close
- Next earnings
- November 5, 2026 EPS estimate $0.82
- 52-week range
- $49.02 – $102.92
MCHP analyst ratings
26 analystsNumber of analysts at each rating.
MCHP price target
The average of analyst 12-month price targets compared with the latest close and the 52-week range.
MCHP earnings per share estimates
| Period | Average | Low | High | Year ago | Growth | Analysts |
|---|---|---|---|---|---|---|
| Current quarter (Sep '26) | $0.94 | $0.92 | $0.98 | $0.35 | +167.3% | 22 |
| Next quarter (Dec '26) | $0.94 | $0.88 | $1.06 | $0.44 | +114.4% | 22 |
| Current fiscal year (FY2027) | $3.65 | $3.50 | $3.89 | $1.64 | +122.7% | 25 |
| Next fiscal year (FY2028) | $4.60 | $4.08 | $5.44 | $3.65 | +25.8% | 25 |
Consensus EPS estimates; growth compares the average estimate with the year-ago EPS.
MCHP revenue estimates
| Period | Average | Low | High | Growth | Analysts |
|---|---|---|---|---|---|
| Current quarter (Sep '26) | $1.61B | $1.60B | $1.64B | +40.9% | 22 |
| Next quarter (Dec '26) | $1.62B | $1.57B | $1.72B | +37.0% | 22 |
| Current fiscal year (FY2027) | $6.40B | $6.26B | $6.63B | +35.8% | 24 |
| Next fiscal year (FY2028) | $7.44B | $6.99B | $8.39B | +16.3% | 24 |
MCHP EPS: reported and forecast
Fiscal years; "E" marks estimates, the line shows the range from the lowest to the highest estimate.
MCHP revenue: reported and forecast
MCHP EPS estimate revisions
| Period | 90 days ago | 60 days ago | 30 days ago | 7 days ago | Now | Change (90 d) | Revisions (30 d) |
|---|---|---|---|---|---|---|---|
| Current quarter (Sep '26) | $0.79 | $0.93 | $0.93 | $0.93 | $0.94 | +17.8% | 16 up · 0 down |
| Next quarter (Dec '26) | $0.81 | $0.94 | $0.94 | $0.94 | $0.94 | +16.3% | 16 up · 0 down |
| Current fiscal year (FY2027) | $3.18 | $3.65 | $3.65 | $3.65 | $3.65 | +14.9% | 0 up · 0 down |
| Next fiscal year (FY2028) | $4.16 | $4.57 | $4.57 | $4.58 | $4.60 | +10.4% | 1 up · 0 down |
How the consensus EPS estimate changed over the last 90 days, and how many analysts raised or lowered it in the last 30 days.
MCHP earnings surprises
Reported EPS vs the consensus estimate for the last 12 quarters; MCHP beat in 10 of 12.
What analysts expect from MCHP
26 analysts cover Microchip; their consensus rating is buy (4.46 on a 1–5 scale, where 5 is a strong buy). The average price target is $107.84, 46.0% above the latest close of $73.85. Analysts expect earnings of $3.65 per share for FY2027, +122.7% from a year earlier. For FY2028 the average estimate is $4.60 per share on revenue of $7.4 billion. Microchip beat the EPS estimate in 10 of the last 12 quarters.
Related: MCHP income statement, MCHP key metrics, MCHP chart. See the MCHP stock overview for the latest quote and news.
MCHP forecast FAQ
What is Microchip's price target?
The average analyst price target for Microchip is $107.84, 46.0% above the latest close of $73.85.
Is Microchip a buy, hold or sell?
Of 26 analysts covering Microchip, 18 rate it a strong buy, 2 a buy, 6 a hold, 0 a sell and 0 a strong sell, a consensus of buy. Ratings are opinions, not a recommendation from Quotelinks.
What is Microchip's EPS forecast?
Analysts forecast $3.65 per share for FY2027 (range $3.50 to $3.89); for FY2028 the estimate is $4.60.
What is Microchip's revenue forecast?
The average revenue estimate for FY2027 is $6.4 billion, growth of 35.8%; for FY2028 it is $7.4 billion.
When does Microchip report earnings?
Microchip is expected to report results for the quarter ending September 30, 2026 on November 5, 2026 after the market closes; the EPS estimate is $0.82.
Does Microchip usually beat earnings estimates?
Microchip reported EPS at or above the analyst estimate in 10 of the last 12 quarters.