Microchip Technology, Inc [MCHP] stock prices are up 2.70% to $70.43 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The MCHP shares have gain 3.28% over the last week, with a monthly amount glided 21.33%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Microchip Technology, Inc [NASDAQ: MCHP] stock has seen the most recent analyst activity on June 18, 2025, when Cantor Fitzgerald initiated its Neutral rating and assigned the stock a price target of $70. Previously, BofA Securities upgraded its rating to Neutral on May 09, 2025, and kept the price target unchanged to $56. On May 09, 2025, UBS reiterated its Buy rating and revised its price target to $60 on the stock. Truist reiterated its Hold rating and increased its price target to $52 on May 09, 2025. TD Cowen reiterated its recommendation of a Hold and raised its price target to $55 on May 09, 2025. Stifel reiterated a Buy rating for this stock on May 09, 2025, and upped its price target to $70. In a note dated May 09, 2025, Raymond James reiterated an Strong Buy rating on this stock and boosted its target price from $60 to $65.
The stock price of Microchip Technology, Inc [MCHP] has been fluctuating between $34.12 and $96.98 over the past year. Currently, Wall Street analysts expect the stock to reach $64.4 within the next 12 months. Microchip Technology, Inc [NASDAQ: MCHP] shares were valued at $70.43 at the most recent close of the market. An investor can expect a potential drop of -8.56% based on the average MCHP price forecast.
Analyzing the MCHP fundamentals
The Microchip Technology, Inc [NASDAQ:MCHP] reported sales of 4.40B for trailing twelve months, representing a drop of -26.80%. Gross Profit Margin for this corporation currently stands at 0.57% with Operating Profit Margin at 0.12%, Pretax Profit Margin comes in at 0.06%, and Net Profit Margin reading is 0.04%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.02 and Total Capital is 0.03. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.8.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 69.60 points at the first support level, and at 68.76 for the second support level. However, for the 1st resistance point, the stock is sitting at 71.30, and for the 2nd resistance point, it is at 72.17.
Ratios To Look Out For
It’s worth pointing out that Microchip Technology, Inc [NASDAQ:MCHP]’s Current Ratio is 2.59. On the other hand, the Quick Ratio is 1.47, and the Cash Ratio is 0.67. Considering the valuation of this stock, the price to sales ratio is 8.63, the price to book ratio is 5.36.
Transactions by insiders
Recent insider trading involved KARLTON JOHNSON, Director, that happened on Jun 06 ’25 when 456.0 shares were purchased. SENIOR VP AND CFO, Bjornholt James Eric completed a deal on May 23 ’25 to sell 2015.0 shares. Meanwhile, Officer Bjornholt James Eric bought 2015.0 shares on May 23 ’25.
