Microchip Technology (NASDAQ:MCHP) Stock Price Target Lowered at Barclays

Microchip Technology (NASDAQ:MCHP) had its price objective decreased by Barclays from $105.00 to $90.00 in a research note issued to investors on Monday, Benzinga reports. The firm currently has an “equal weight” rating on the semiconductor company’s stock. Barclays‘s price target suggests a potential upside of 45.41% from the stock’s previous close.

A number of other research analysts also recently issued reports on the company. Citigroup reduced their price target on Microchip Technology from $95.00 to $75.00 and set a “buy” rating on the stock in a report on Friday. Jefferies Financial Group dropped their price objective on Microchip Technology from $100.00 to $85.00 and set a “buy” rating for the company in a report on Friday. Truist Financial dropped their price objective on Microchip Technology from $90.00 to $62.00 and set a “hold” rating for the company in a report on Friday. Weiss Ratings upgraded Microchip Technology from a “hold (c-)” rating to a “hold (c)” rating in a research report on Tuesday, August 11th. Finally, B. Riley Financial reduced their target price on Microchip Technology from $98.00 to $85.00 and set a “buy” rating on the stock in a research note on Friday. Three equities research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $90.05.

Microchip Technology Trading Up 6.1%

Microchip Technology stock traded up $3.54 during trading hours on Monday, reaching $61.89. The stock had a trading volume of 4,044,750 shares, compared to its average volume of 10,521,482. The company has a fifty day simple moving average of $74.85 and a 200-day simple moving average of $79.41. Microchip Technology has a 52 week low of $48.52 and a 52 week high of $105.91. The stock has a market cap of $33.61 billion, a PE ratio of 46.65, a PEG ratio of 0.40 and a beta of 1.84. The company has a debt-to-equity ratio of 0.83, a current ratio of 2.24 and a quick ratio of 1.33.

Microchip Technology (NASDAQ:MCHP) last issued its quarterly earnings data on Thursday, November 5th. The semiconductor company reported $0.97 EPS for the quarter, beating the consensus estimate of $0.94 by $0.03. The firm had revenue of $1.62 billion during the quarter, compared to the consensus estimate of $1.61 billion. Microchip Technology had a net margin of 14.96% and a return on equity of 20.32%. The company’s quarterly revenue was up 42.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.35 earnings per share. Analysts forecast that Microchip Technology will post 3.20 EPS for the current fiscal year.

Insider Transactions at Microchip Technology

In related news, CFO James Bjornholt sold 4,112 shares of the stock in a transaction dated Tuesday, August 25th. The shares were sold at an average price of $75.32, for a total value of $309,715.84. Following the completion of the transaction, the chief financial officer directly owned 28,573 shares of the company’s stock, valued at $2,152,118.36. This represents a 12.58% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.79% of the stock is currently owned by insiders.

Institutional Trading of Microchip Technology

Large investors have recently bought and sold shares of the company. TOP Private Wealth LLC. purchased a new position in shares of Microchip Technology in the 2nd quarter valued at approximately $29,000. Continuum Advisory LLC purchased a new stake in Microchip Technology in the second quarter worth $30,000. Johnson Financial Group Inc. purchased a new stake in Microchip Technology in the second quarter worth $31,000. Rakuten Securities Inc. purchased a new stake in Microchip Technology in the second quarter worth $34,000. Finally, GK Wealth Management LLC bought a new position in Microchip Technology in the third quarter worth $29,000. 91.51% of the stock is owned by institutional investors.

Key Headlines Impacting Microchip Technology

Here are the key news stories impacting Microchip Technology this week:

• Positive Sentiment: Microchip’s data-center design wins and expanding AI and space-chip business point to potential growth opportunities. A recent analysis also highlighted strong data-center growth, though it cautioned that the outlook is uncertain. MCHP Q3 CY2026 deep dive Microchip added AI and space chips
• Neutral Sentiment: JPMorgan lowered its price target from $120 to $100 but maintained an Overweight rating, suggesting the firm remains constructive despite reducing its expectations. JPMorgan price-target update
• Negative Sentiment: Analysts including Citigroup, Truist and Jefferies have also cut their price targets. The series of reductions reinforces concerns about Microchip’s near-term outlook. Citigroup target cut Truist target cut Jefferies target cut
• Negative Sentiment: Recent coverage points to cautious guidance and supply constraints offsetting data-center wins. Commentary has also flagged macro headwinds and possible moderation in growth and margins, contributing to concern after an earlier analyst downgrade. Microchip has other problems besides a data-center slowdown

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