Microchip Technology Inc's fundamentals are relatively stable, and its growth potential is high.Its valuation is considered fairly valued, ranking 18/104 in the Semiconductors & Semiconductor Equipment industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 74.02.In the medium term, the stock price is expected to remain stable.The company has been performing strongly in the stock market over the past month, which is supported by its strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Microchip Technology Inc's Score
Industry at a Glance
Industry Ranking
18 / 104
Overall Ranking
91 / 4592
Industry
Semiconductors & Semiconductor Equipment
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
27
analysts
Buy
Current Rating
74.018
Target Price
+9.90%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Microchip Technology Inc Highlights
StrengthsRisks
Microchip Technology Incorporated is a provider of smart, connected, and secure embedded control solutions. The Company’s semiconductor products segment designs, develops, manufactures and markets mixed-signal microcontrollers, development tools and analog, interface, mixed-signal, timing, wired and wireless connectivity devices, and memory products. The Company's technology licensing segment includes sales and licensing of the Company's intellectual property. Its products include PIC64 Microprocessors, FPGAs, myMicrochip, MPLAB X IDE, Analog, and Microcontrollers. Its development tools include Atmel START and MPLAB Discover. Its manufacturing operations include wafer fabrication, wafer probe, assembly, and test. The Company’s solutions serve customers across the industrial, automotive, consumer, aerospace and defense, communications and computing markets. The Company markets and sells its products worldwide primarily through a network of direct sales personnel and distributors.
Turnaround to Loss
The company's performance has turned to a loss, with the latest annual loss of USD .
Fairly Valued
The company’s latest PB is 5.42, at a medium 3-year percentile range.
Institutional Buying
The latest institutional holdings are 568.16M shares, increasing 1.63% quarter-over-quarter.
Microchip Technology Incorporated is a provider of smart, connected, and secure embedded control solutions. The Company’s semiconductor products segment designs, develops, manufactures and markets mixed-signal microcontrollers, development tools and analog, interface, mixed-signal, timing, wired and wireless connectivity devices, and memory products. The Company's technology licensing segment includes sales and licensing of the Company's intellectual property. Its products include PIC64 Microprocessors, FPGAs, myMicrochip, MPLAB X IDE, Analog, and Microcontrollers. Its development tools include Atmel START and MPLAB Discover. Its manufacturing operations include wafer fabrication, wafer probe, assembly, and test. The Company’s solutions serve customers across the industrial, automotive, consumer, aerospace and defense, communications and computing markets. The Company markets and sells its products worldwide primarily through a network of direct sales personnel and distributors.
Ticker SymbolMCHP
CompanyMicrochip Technology Inc
CEOSanghi (Steve)
Websitehttps://www.microchip.com/
FAQs
What is the current price of Microchip Technology Inc (MCHP)?
The current price of Microchip Technology Inc (MCHP) is 67.180.
What is the symbol of Microchip Technology Inc?
The ticker symbol of Microchip Technology Inc is MCHP.
What is the 52-week high of Microchip Technology Inc?
The 52-week high of Microchip Technology Inc is 77.200.
What is the 52-week low of Microchip Technology Inc?
The 52-week low of Microchip Technology Inc is 34.125.
What is the market capitalization of Microchip Technology Inc?
The market capitalization of Microchip Technology Inc is 36.31B.
What is the net income of Microchip Technology Inc?
The net income of Microchip Technology Inc is -2.70M.
Is Microchip Technology Inc (MCHP) currently rated as Buy, Hold, or Sell?
According to analysts, Microchip Technology Inc (MCHP) has an overall rating of Buy, with a price target of 74.018.
What is the Earnings Per Share (EPS TTM) of Microchip Technology Inc (MCHP)?
The Earnings Per Share (EPS TTM) of Microchip Technology Inc (MCHP) is -0.452.