Mizuho Securities, under the guidance of analyst Vijay Rakesh, has revised its price target for Microchip Technology (MCHP, Financial) to $85.00 USD from a previous target of $78.00 USD. This adjustment marks an 8.97% increase from the prior target.
The rating for Microchip Technology (MCHP, Financial) has been maintained at 'Outperform', consistent with the previous rating. This indicates that Mizuho continues to have a favorable outlook on Microchip Technology's market performance.
The revised price target comes as part of an update by Mizuho on July 8, 2025. Such updates are closely monitored by investors as they offer insights into future expectations for Microchip Technology (MCHP, Financial).
Wall Street Analysts Forecast
Based on the one-year price targets offered by 22 analysts, the average target price for Microchip Technology Inc (MCHP, Financial) is $70.10 with a high estimate of $90.00 and a low estimate of $50.00. The average target implies an downside of 4.69% from the current price of $73.55. More detailed estimate data can be found on the Microchip Technology Inc (MCHP) Forecast page.
Based on the consensus recommendation from 25 brokerage firms, Microchip Technology Inc's (MCHP, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Microchip Technology Inc (MCHP, Financial) in one year is $50.49, suggesting a downside of 31.35% from the current price of $73.55. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Microchip Technology Inc (MCHP) Summary page.
