Research Analysts’ Recent Ratings Updates for Microchip Technology (MCHP)

A number of research firms have changed their ratings and price targets for Microchip Technology (NASDAQ: MCHP):

• 6/2/2026 – Microchip Technology had its “buy” rating reaffirmed by UBS Group AG.
• 5/22/2026 – Microchip Technology was upgraded by Weiss Ratings from “sell (d+)” to “hold (c-)”.
• 5/13/2026 – Microchip Technology had its “overweight” rating reaffirmed by Cantor Fitzgerald. They now have a $125.00 price target on the stock.
• 5/12/2026 – Microchip Technology was upgraded by Zacks Research from “hold” to “strong-buy”.
• 5/11/2026 – Microchip Technology had its price target raised by Barclays PLC from $80.00 to $105.00. They now have an “equal weight” rating on the stock.
• 5/9/2026 – Microchip Technology was upgraded by Wall Street Zen from “hold” to “buy”.
• 5/8/2026 – Microchip Technology was downgraded by Weiss Ratings from “hold (c-)” to “sell (d+)”.
• 5/8/2026 – Microchip Technology had its price target raised by UBS Group AG from $115.00 to $130.00. They now have a “buy” rating on the stock.
• 5/8/2026 – Microchip Technology had its price target raised by Citigroup Inc. from $91.00 to $113.00. They now have a “buy” rating on the stock.
• 5/8/2026 – Microchip Technology had its price target raised by JPMorgan Chase & Co. from $95.00 to $120.00. They now have an “overweight” rating on the stock.
• 5/8/2026 – Microchip Technology had its price target raised by Truist Financial Corporation from $69.00 to $105.00. They now have a “hold” rating on the stock.
• 5/8/2026 – Microchip Technology had its price target raised by Wells Fargo & Company from $75.00 to $95.00. They now have an “equal weight” rating on the stock.
• 5/8/2026 – Microchip Technology had its price target raised by Susquehanna from $95.00 to $120.00. They now have a “positive” rating on the stock.
• 5/8/2026 – Microchip Technology had its price target raised by Rosenblatt Securities from $115.00 to $120.00. They now have a “buy” rating on the stock.
• 5/8/2026 – Microchip Technology had its price target raised by Needham & Company LLC from $84.00 to $120.00. They now have a “buy” rating on the stock.
• 4/25/2026 – Microchip Technology was downgraded by Wall Street Zen from “buy” to “hold”.
• 4/24/2026 – Microchip Technology was upgraded by Weiss Ratings from “sell (d+)” to “hold (c-)”.

Microchip Technology Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 5th. Investors of record on Friday, May 22nd will be paid a $0.455 dividend. The ex-dividend date of this dividend is Friday, May 22nd. This represents a $1.82 dividend on an annualized basis and a yield of 1.9%. Microchip Technology’s dividend payout ratio (DPR) is presently 866.67%.

Insider Activity at Microchip Technology

In other Microchip Technology news, Director Matthew W. Chapman sold 3,000 shares of the stock in a transaction on Thursday, May 28th. The stock was sold at an average price of $97.52, for a total value of $292,560.00. Following the completion of the transaction, the director owned 17,665 shares in the company, valued at approximately $1,722,690.80. This represents a 14.52% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, COO Richard J. Simoncic sold 5,000 shares of the firm’s stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $93.44, for a total value of $467,200.00. Following the transaction, the chief operating officer directly owned 135,508 shares of the company’s stock, valued at $12,661,867.52. This represents a 3.56% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 548,302 shares of company stock worth $49,186,035. 1.94% of the stock is currently owned by insiders.

Microchip Technology Inc is a semiconductor company headquartered in Chandler, Arizona, that designs, develops and supplies a broad portfolio of embedded control and analog semiconductors. Its product lineup centers on microcontrollers (including the well-known PIC family), digital signal controllers and associated development tools and software, along with a range of mixed-signal and analog devices, nonvolatile memory, power management, timing, interface, wireless and security products. The company also provides integrated hardware and software solutions intended to simplify embedded design and accelerate time to market for OEMs and contract manufacturers.

Microchip’s products are used across a wide range of end markets, including automotive, industrial automation, consumer electronics, communications, aerospace and defense, and Internet of Things (IoT) applications.