Microchip Technology Inc. (MCHP)
Microchip Technology Inc. NASDAQ
MCHP at a glance
Microchip Technology Inc. (MCHP): Buy, 71/100 on CleaRank's AI score.
- Trend Down: the price is below both its 50- and 200-day moving averages ($75.84 and $79.34).
- Earnings MCHP beat estimates in 3 of its last 3 quarters, yet fell the next day after 2 of those beats.
- Insiders Insiders sold $72.4M and made no open-market purchases over the last 18 months.
- Valuation P/E of 108.6 against 34.0 for the Technology sector: a premium to peers (+219%).
As of October 15, 2026, Microchip Technology Inc. (MCHP) trades at $71.25. Wall Street's consensus target is $108.00 across 26 analysts. The 14-day RSI (daily closes) is 38, showing bearish momentum without being oversold, and the price is below its 50-day simple moving average of $75.84.
Figures as of October 15, 2026.
Only on CleaRank
Figures we compute ourselves from MCHP's own price, earnings and insider-filing history. Tap one to see it in context.
MCHP Price Analysis
Market Metrics
Peer Benchmarking
Valuation vs Sector (Technology)
Performance vs XLK
Sector Position Analysis
MCHP Financial Performance
Revenue vs. Earnings
Annual
Quarterly
Earnings Reality Check
| Report | EPS estimate | EPS actual | Surprise | First session | 5 sessions |
|---|---|---|---|---|---|
| Aug 6, 2026 | $0.70 | $0.76 | +8.57% | +13.89% | +4.48% |
| May 7, 2026 | $0.50 | $0.57 | +14.00% | -2.45% | -4.47% |
| Feb 5, 2026 | $0.43 | $0.44 | +2.33% | -2.60% | +1.13% |
The first session is the first full trading day on the news: the report day itself for a report before the open, the next day for one after the close. Surprise is actual EPS against the consensus estimate.
As of October 15, 2026, MCHP has beaten the analyst EPS estimate in 3 of its last 3 reported quarters and fell in the first trading session after 2 of those beats; its latest report, on August 6, 2026, came in 8.57% above the estimate and the stock moved +13.89% in the first session.
MCHP Analysis
- Consider the significant insider selling activity totaling $72.4 million as a potential indicator of management's short-term sentiment.
- The stock's current position below key moving averages suggests caution for short-term traders, with resistance expected around the 50-day SMA.
Analysts forecast strong revenue growth for MCHP, with current year revenue expected to increase by 36.00% and next quarter revenue by 37.00%, indicating strong market demand for its semiconductor products.
Source: Wall Street EstimatesMCHP recently beat EPS estimates by 8.57% and has a history of positive surprises, suggesting effective operational management and product demand.
Source: Earnings ReportsInsiders have sold $72.4 million worth of stock with no reported purchases, signaling potential concerns about the company's short-term prospects or valuation.
Source: Insider TransactionsThe stock is trading below its 50-day and 200-day moving averages ($75.84 and $79.34) and shows bearish momentum on the RSI, indicating potential for further price declines in the near term.
Source: Technical AnalysisKey Statistics
| Market Cap | 38.69B |
|---|---|
| P/E Ratio | 108.57 |
| EPS (TTM) | 0.6800 |
| Dividend Yield | 2.55% |
| 52 Week High | 105.91 |
| 52 Week Low | 48.52 |
As of October 15, 2026, MCHP trades at $71.25, with a market value of $38.69B, a P/E ratio of 108.57 and a dividend yield of 2.55%.
Earnings & Growth Analysis
Key Risks
Technical Indicators
| RSI (14-day) | 37.77 |
|---|---|
| MACD (12, 26) | -0.272 |
| SMA (50-day) | 75.84 |
| SMA (200-day) | 79.34 |
As of October 15, 2026, with MCHP at $71.25, its 14-day RSI is 37.8 (showing bearish momentum without being oversold), its 50-day simple moving average is $75.84 and its 200-day is $79.34.
Calculated by CleaRank on daily closes as of October 15, 2026: Wilder's 14-day RSI, 50- and 200-day simple moving averages, MACD line (12, 26).
Market Correlations
How this stock moves relative to other assets
Based on 1 year of daily price data. Correlations may vary over different time periods.
As of October 15, 2026, MCHP's 1-year correlation of daily returns is +0.65 with S&P 500 (SPY), +0.67 with Nasdaq 100 (QQQ), +0.24 with Bitcoin (BTC) and +0.16 with gold (XAU).
How does any other asset move with MCHP? One year of daily closes, Pearson correlation.
MCHP Wall Street View
12-month price targets
The price, $71.25, sits below every analyst's target.
Ratings
Recent rating actions
| Date | Firm | Action | Rating |
|---|---|---|---|
| Aug 21, 2026 | BMO Capital | Initiates | Outperform |
| Aug 17, 2026 | Cantor Fitzgerald | Reiterates | Overweight |
| Aug 7, 2026 | UBS | Maintains | Buy |
| Aug 7, 2026 | Citigroup | Maintains | Buy |
| Aug 7, 2026 | Truist Securities | Maintains | Hold |
| Aug 7, 2026 | Rosenblatt | Maintains | Buy |
As of October 15, 2026, 26 Wall Street analysts cover MCHP: 20 rate it a buy or strong buy, 6 a hold and 0 a sell or strong sell. Their 12-month price targets range from $80.00 to $135.00, with a median of $108.00, 51.6% above the price of $71.25.
Source: TwelveData analyst consensus. Targets and ratings belong to the analysts, not to CleaRank.
MCHP Trade Plans
Specific entry, exit, and risk management levels
Long entry pick an entry style
Risk Management
Profit Targets (Based on Conservative Entry)
These levels come from MCHP's moving averages and recent volatility, not from a forecast. Educational levels, not financial advice; the full disclaimer is at the foot of the page.
Growth of $10,000
A $10,000 investment in MCHP in October 2016 would be worth about $24,276 today, compared with about $36,237 for the same investment in the S&P 500 benchmark. This is price change only; dividends paid along the way would add to it.
Compare with Another Ticker
MCHP Drawdowns & Recovery
As of October 15, 2026, MCHP's worst peak-to-trough fall over the last 10 years was -63.1% (May 2024 to April 2025); it regained that peak by May 2026, 13 months after the low, and 65% of 1-year holding periods ended with a gain.
From weekly closing values. A drawdown is the fall from the highest value reached so far to a later low.
Monte Carlo Projection (10yr)
CleaRank's 10-year Monte Carlo simulation projects that a $10,000 investment in MCHP today could grow to about $20,593 by 2036 in the base case, with a 90th-percentile outcome near $116,641 and a 10th-percentile outcome around $3,636. The simulation models price only; at today's 2.55% yield, dividends would add to these figures. Projections are statistical simulations, not guarantees.
MCHP Stock Price Prediction: 2030
CleaRank's simulation projects a price near $95.12 for MCHP by 2030 in the base case, from $71.25 today (1.3x over 4 years). The 10th-percentile path ends near $31.76. These are outcomes of a Monte Carlo simulation run on MCHP's historical return distribution, not price targets, and they assume no dividends are reinvested.
| Year | 10th percentile | Base case | 90th percentile |
|---|---|---|---|
| 2027 | $44.26 | $76.59 | $133 |
| 2028 | $37.91 | $82.32 | $179 |
| 2029 | $34.23 | $88.49 | $229 |
| 2030 | $31.76 | $95.12 | $285 |
| 2031 | $30.00 | $102 | $348 |
Method: a lognormal simulation of MCHP's own volatility and capped historical trend, re-run daily; base case is the median path, the outer columns the 10th and 90th percentiles.
People Also Watch
MCHP Insider Trading Analysis
As of October 15, 2026, MCHP insiders reported 23 open-market sales worth $72.4M and no open-market purchases over the last 18 months; grants and option exercises are not counted.
| Date | Insider | Type | Shares | Value |
|---|---|---|---|---|
| Sep 1, 2026 | BUNKER MATHEW B.
Officer
|
Grant | 53 | $3.2K |
| Sep 1, 2026 | DUVENHAGE STEPHANUS
Officer
|
Grant | 123 | $7.5K |
| Sep 1, 2026 | KRAWCZYK JOSEPH R. II
Officer
|
Grant | 41 | $2.5K |
| Aug 25, 2026 | BJORNHOLT JAMES ERIC
Chief Financial Officer
|
Sell | 4.1K | $309.7K |
| Aug 17, 2026 | BJORNHOLT JAMES ERIC
Chief Financial Officer
|
Sell | 837 | $67.2K |
| Aug 17, 2026 | BARKER ELLEN L.
Director
|
Option | 3.1K | $248.0K |
| Aug 17, 2026 | BJORNHOLT JAMES ERIC
Chief Financial Officer
|
Option | 4.2K | $335.3K |
| Aug 17, 2026 | CASSIDY RICHARD B II
Director
|
Option | 3.1K | $248.0K |
| Aug 17, 2026 | CHAPMAN MATTHEW W
Director
|
Option | 3.1K | $248.0K |
| Aug 17, 2026 | LITTLE MITCHELL R
Director
|
Option | 472 | $37.9K |