On July 22, 2025, Microchip Technology (MCHP, Financial) received a positive update from analyst Christopher Rolland of Susquehanna. The firm has maintained its 'Positive' rating on the stock, reflecting continued confidence in the company's performance.
In a significant move, Susquehanna has also raised its price target for Microchip Technology (MCHP, Financial) to $90.00, a substantial increase from the previous target of $60.00. This new price target represents a 50% increase from the prior level, underscoring the analyst's bullish outlook on the stock's future performance.
The company's stock (MCHP, Financial) is traded in USD on the NASDAQ exchange, and the updated price target aligns with Susquehanna's optimistic assessment of Microchip Technology's growth prospects in the industry.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 23 analysts, the average target price for Microchip Technology Inc (MCHP, Financial) is $73.62 with a high estimate of $90.00 and a low estimate of $57.00. The average target implies an downside of 2.17% from the current price of $75.25. More detailed estimate data can be found on the Microchip Technology Inc (MCHP) Forecast page.
Based on the consensus recommendation from 26 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 32.9% from the current price of $75.25. 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.
