BofA Securities upgraded Microchip from Neutral to Buy and set a new price target of $95.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 2/12/2026 | $80.00 | Equal Weight | Barclays |
| 1/28/2026 | $95.00 | Neutral → Buy | BofA Securities |
| 1/22/2026 | $90.00 | Neutral → Outperform | BNP Paribas Exane |
| 12/16/2025 | $85.00 | Neutral → Overweight | Cantor Fitzgerald |
| 12/4/2025 | $73.00 → $75.00 | Buy | Needham |
| 11/7/2025 | $65.00 → $60.00 | Hold | TD Cowen |
| 9/15/2025 | $60.00 | Equal Weight | Wells Fargo |
| 8/8/2025 | $75.00 → $60.00 | Hold | TD Cowen |
CHANDLER, Ariz., April 14, 2026 (GLOBE NEWSWIRE) -- As AI servers, data centers, automotive and industrial systems demand higher efficiency designs, deterministic real-time control and quantum-resistant cryptography, Microchip Technology Inc. (NASDAQ:MCHP) has added dsPIC33AK256MPS306 Digital Signal Controllers (DSCs) to its dsPIC33A DSC family. The dsPIC33AK256MPS306 devices combine high-resolution control, high-speed analog and security with support for post-quantum cryptography. The devices are compact and cost-effective, designed to reduce the bill of materials (BOM), simplify board layout and accelerate time to market for power conversion, motor control and intelligent sensing applica
CHANDLER, Ariz. and YUYAO CITY, China, April 13, 2026 (GLOBE NEWSWIRE) -- Microchip Technology (NASDAQ:MCHP), a broadline supplier of semiconductors committed to making innovative design easier through total system solutions, and Sunny Smartlead (subsidiary of Sunny Optical Technology Group), a global automotive camera module supplier, today announces a strategic collaboration to expand the Automotive SerDes Alliance Motion Link (ASA‑ML) ecosystem. As part of this collaboration, Sunny Smartlead is introducing Advanced Driver-Assistance Systems (ADAS) camera modules built on Microchip's VS700 family of ASA‑ML devices, designed to enable faster, simpler and more cost-effective camera develop
CHANDLER, Ariz., April 02, 2026 (GLOBE NEWSWIRE) -- As connected systems spread across residential, industrial and commercial environments, the need for independently verified cybersecurity assurance is becoming a core requirement. To help address this demand, Microchip Technology (NASDAQ:MCHP) has been certified by UL Solutions to the IEC 62443‑4‑1 Maturity Level 2 (ML2) Industrial Automation and Control System standard, demonstrating that its new product development process meets globally recognized secure by design criteria. The certification provides audit-backed assurance that products are developed under a mature, repeatable and independently verified cybersecurity framework. The IE
SCHEDULE 13G/A - MICROCHIP TECHNOLOGY INC (0000827054) (Subject)
8-K - MICROCHIP TECHNOLOGY INC (0000827054) (Filer)
10-Q - MICROCHIP TECHNOLOGY INC (0000827054) (Filer)
Barclays initiated coverage of Microchip with a rating of Equal Weight and set a new price target of $80.00
BofA Securities upgraded Microchip from Neutral to Buy and set a new price target of $95.00
BNP Paribas Exane upgraded Microchip from Neutral to Outperform and set a new price target of $90.00
4 - MICROCHIP TECHNOLOGY INC (0000827054) (Issuer)
4 - MICROCHIP TECHNOLOGY INC (0000827054) (Issuer)
4 - MICROCHIP TECHNOLOGY INC (0000827054) (Issuer)
Net sales of $1.186 billion, increased 4.0% sequentially and up 15.6% from the year ago quarter. Our updated guidance provided on January 5, 2026 was net sales of $1.185 billion.On a GAAP basis: gross profit of 59.6%; operating income of $151.7 million and 12.8% of net sales; net income attributable to common stockholders of $34.9 million; and EPS of $0.06 per diluted share. Our updated guidance provided on December 2, 2025 was GAAP EPS of $0.02 per diluted share.On a Non-GAAP basis: gross profit of 60.5%; operating income of $337.8 million and 28.5% of net sales; net income of $252.8 million; and EPS of $0.44 per diluted share. Our updated guidance provided on December 2, 2025 was Non-GAAP
CHANDLER, Ariz., Feb. 05, 2026 (GLOBE NEWSWIRE) -- (NASDAQ:MCHP) – Microchip Technology Incorporated, a leading provider of smart, connected, and secure embedded control solutions, today announced that its Board of Directors declared a quarterly cash dividend on its common stock of 45.5 cents per share. The dividend is payable on March 10, 2026, to stockholders of record on February 23, 2026. Microchip initiated quarterly cash dividend payments in the third quarter of fiscal year 2003. About Microchip: Microchip Technology Inc. is a broadline supplier of semiconductors committed to making innovative design easier through total system solutions that address critical challenges at the inte
CHANDLER, Ariz., Jan. 05, 2026 (GLOBE NEWSWIRE) -- (NASDAQ:MCHP) - Microchip Technology Incorporated, a leading provider of smart, connected, and secure embedded control solutions, today commented that it expects its net sales for third quarter of fiscal 2026 ended December 31, 2025 to be about $1,185 million, well above its original guidance of $1,109 million to $1,149 million provided on November 6, 2025, and its subsequent revised guidance provided on December 2, 2025 of net sales being on the high end of its original guidance. Steve Sanghi, Microchip's CEO and President, commented, "We continue to experience a fairly broad-based recovery in most of our end markets driven by progress w
CHANDLER, Ariz., Oct. 27, 2025 (GLOBE NEWSWIRE) -- Governments across the globe are requesting critical infrastructure operators to adopt additional time sources alongside GNSS to enhance resilience and reliability, ensuring uninterrupted operations in the face of potential disruptions or service limitations. Microchip Technology (NASDAQ:MCHP) today announces the release of the TimeProvider® 4500 v3 grandmaster clock (TP4500) designed to deliver sub-nanosecond accuracy for time distribution across 800 km long-haul optical transmission. This innovative solution provides critical infrastructure operators with the missing link the industry has been waiting for in terms of complementary Posit
CHANDLER, Ariz., May 02, 2025 (GLOBE NEWSWIRE) -- (NASDAQ:MCHP) – Microchip Technology Incorporated, a leading provider of smart, connected and secure embedded control solutions, today announced that Rick Cassidy, Senior Vice President of Corporate Strategy Development at Taiwan Semiconductor Manufacturing Co. Ltd. (TSMC) and Chairman of TSMC Arizona, will join the Board of Directors of Microchip effective May 2, 2025. Regarding Mr. Cassidy's appointment to the board, Microchip's President and CEO, Steve Sanghi, said, "We are thrilled to welcome Rick Cassidy to Microchip's Board of Directors. During his nearly three decades at TSMC, Rick has held significant leadership roles which include
CHANDLER, Ariz., Feb. 04, 2025 (GLOBE NEWSWIRE) -- Microchip Technology Incorporated, a leading provider of smart, connected and secure embedded control solutions, today announced that Victor Peng, former President of Advanced Micro Devices, Inc. (AMD), will join the Board of Directors of Microchip effective February10, 2024. Regarding Mr. Peng's appointment to the board, Microchip's President and CEO, Steve Sanghi, said, "Victor most recently served as the President of AMD, a publicly held company that designs and manufactures hardware for high-performance computing. Prior to that, he served Xilinx for 14 years, most recently holding roles of president, CEO, board member. With over 40
SC 13G - MICROCHIP TECHNOLOGY INC (0000827054) (Subject)
SC 13G/A - MICROCHIP TECHNOLOGY INC (0000827054) (Subject)
SC 13G/A - MICROCHIP TECHNOLOGY INC (0000827054) (Subject)