Microchip Technology (MCHP) Expected to Announce Quarterly Earnings on Thursday

Microchip Technology (NASDAQ:MCHP) is expected to announce its Q1 2027 results after the market closes on Thursday, August 6th. Analysts expect Microchip Technology to announce earnings of $0.70 per share and revenue of $1.4592 billion for the quarter. Microchip Technology has set its Q1 2027 guidance at 0.670-0.710 EPS. Individuals can check the company’s upcoming Q1 2027 earning report for the latest details on the call scheduled for Thursday, August 6, 2026 at 5:00 PM ET.

Microchip Technology (NASDAQ:MCHP) last announced its earnings results on Thursday, May 7th. The semiconductor company reported $0.57 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.50 by $0.07. Microchip Technology had a return on equity of 10.87% and a net margin of 4.88%.The business had revenue of $1.31 billion for the quarter, compared to analyst estimates of $1.26 billion. During the same period in the previous year, the company earned $0.11 earnings per share. The company’s revenue for the quarter was up 35.1% compared to the same quarter last year. On average, analysts expect Microchip Technology to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Microchip Technology Price Performance

MCHP stock opened at $75.22 on Tuesday. The stock’s 50 day moving average is $88.50 and its two-hundred day moving average is $81.22. Microchip Technology has a 52-week low of $48.52 and a 52-week high of $105.91. The company has a market capitalization of $40.85 billion, a PE ratio of 358.21, a P/E/G ratio of 0.75 and a beta of 1.76. The company has a quick ratio of 1.18, a current ratio of 2.09 and a debt-to-equity ratio of 0.85.

Microchip Technology Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 5th. Stockholders of record on Friday, May 22nd were given a dividend of $0.455 per share. The ex-dividend date of this dividend was Friday, May 22nd. This represents a $1.82 dividend on an annualized basis and a dividend yield of 2.4%. Microchip Technology’s dividend payout ratio (DPR) is presently 866.67%.

Insiders Place Their Bets

In related news, COO Richard J. Simoncic sold 5,000 shares of Microchip Technology stock in a transaction on Friday, May 22nd. The stock was 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 in the company, valued at $12,661,867.52. The trade was a 3.56% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Matthew W. Chapman sold 10,000 shares of the business’s stock in a transaction on Friday, May 15th. The stock was sold at an average price of $95.48, for a total value of $954,800.00. Following the sale, the director directly owned 20,665 shares in the company, valued at $1,973,094.20. This trade represents a 32.61% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 26,750 shares of company stock worth $2,543,170. 1.79% of the stock is owned by insiders.

Institutional Trading of Microchip Technology

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Miller Capital Partners Inc. acquired a new stake in shares of Microchip Technology during the 4th quarter valued at $29,000. EFG International AG acquired a new position in shares of Microchip Technology in the fourth quarter worth $29,000. Caitong International Asset Management Co. Ltd raised its holdings in shares of Microchip Technology by 4,663.6% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 524 shares of the semiconductor company’s stock worth $33,000 after acquiring an additional 513 shares in the last quarter. Garton & Associates Financial Advisors LLC acquired a new stake in Microchip Technology during the fourth quarter valued at $33,000. Finally, Rossby Financial LCC boosted its position in Microchip Technology by 41.1% during the fourth quarter. Rossby Financial LCC now owns 628 shares of the semiconductor company’s stock valued at $40,000 after purchasing an additional 183 shares during the last quarter. Institutional investors and hedge funds own 91.51% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently issued reports on MCHP. UBS Group restated a “buy” rating on shares of Microchip Technology in a research note on Tuesday, June 2nd. Susquehanna boosted their target price on shares of Microchip Technology from $95.00 to $120.00 and gave the stock a “positive” rating in a research report on Friday, May 8th. JPMorgan Chase & Co. upped their target price on shares of Microchip Technology from $95.00 to $120.00 and gave the company an “overweight” rating in a research note on Friday, May 8th. Truist Financial boosted their price objective on Microchip Technology from $69.00 to $105.00 and gave the company a “hold” rating in a report on Friday, May 8th. Finally, Wells Fargo & Company cut their price objective on Microchip Technology from $95.00 to $88.00 and set an “equal weight” rating on the stock in a research note on Monday, July 20th. Four research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $99.76.

About Microchip Technology

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.