Barclays initiated coverage of Microchip with a rating of Equal Weight and set a new price target of $80.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 2/12/2026 | $80.00 | Equal Weight | Barclays |
| 1/28/2026 | $95.00 | Neutral → Buy | BofA Securities |
| 1/22/2026 | $90.00 | Neutral → Outperform | BNP Paribas Exane |
| 12/16/2025 | $85.00 | Neutral → Overweight | Cantor Fitzgerald |
| 12/4/2025 | $73.00 → $75.00 | Buy | Needham |
| 11/7/2025 | $65.00 → $60.00 | Hold | TD Cowen |
| 9/15/2025 | $60.00 | Equal Weight | Wells Fargo |
| 8/8/2025 | $75.00 → $60.00 | Hold | TD Cowen |
Barclays initiated coverage of Microchip with a rating of Equal Weight and set a new price target of $80.00
BofA Securities upgraded Microchip from Neutral to Buy and set a new price target of $95.00
BNP Paribas Exane upgraded Microchip from Neutral to Outperform and set a new price target of $90.00
4 - MICROCHIP TECHNOLOGY INC (0000827054) (Issuer)
4 - MICROCHIP TECHNOLOGY INC (0000827054) (Issuer)
4 - MICROCHIP TECHNOLOGY INC (0000827054) (Issuer)
CHANDLER, Ariz., June 02, 2026 (GLOBE NEWSWIRE) -- (NASDAQ:MCHP) – Microchip Technology Incorporated, a leading provider of smart, connected, and secure embedded control solutions, today announced that the Company will present at the 2026 Evercore Global TMT Conference on Wednesday, June 3, 2026 at 1:20 p.m. (Pacific Time). Presenting for the Company will be Mr. Steve Sanghi, President, CEO and Chair, and Mr. Eric Bjornholt, Senior Vice President and Chief Financial Officer. A live webcast of the presentation will be made available by Evercore, and can be accessed on the Microchip website at www.microchip.com. Any forward looking statements made during the presentation are qualified in th
CHANDLER, Ariz., June 02, 2026 (GLOBE NEWSWIRE) -- As AI workloads continue to scale, data center architects are increasingly constrained by limited signal reach and rising latency, which can leave valuable memory resources underutilized across large GPU clusters. These challenges are amplified as interconnect speeds increase. At 64 GT/s (giga transfers per second), signal integrity limitations can restrict system scale and burden server architectures. In response, Microchip Technology (NASDAQ:MCHP) has released XpressConnect™ PCIe® 6.0 and CXL® 3.1 retimers to enable memory expansion and resource disaggregation in large-scale AI fabrics. The retimers are designed to extend signal reach b
Our Data Center Solutions Business Unit generated $302.7 million in revenue in calendar year 2025, with approximately 65% growth expected in calendar year 2026 to approximately $500 million Our broader total Datacenter and Compute end market which also includes power management, catalog MCUs, analog and security products represented approximately 18% of total revenue CHANDLER, Ariz., June 01, 2026 (GLOBE NEWSWIRE) -- (NASDAQ:MCHP) - Microchip Technology Incorporated, a leading provider of smart, connected, and secure embedded control solutions, today provided additional information regarding its Data Center Solutions Business Unit. Microchip's President and CEO, Steve Sanghi, said "We ha
8-K - MICROCHIP TECHNOLOGY INC (0000827054) (Filer)
10-K - MICROCHIP TECHNOLOGY INC (0000827054) (Filer)
144 - MICROCHIP TECHNOLOGY INC (0000827054) (Subject)
CHANDLER, Ariz., June 01, 2026 (GLOBE NEWSWIRE) -- (NASDAQ:MCHP) - Microchip Technology Incorporated, a leading provider of smart, connected and secure embedded control solutions, today announced that Mitch Little, former Senior Vice President, Worldwide Client Engagement of Microchip, will join the Board of Directors of Microchip effective June 1, 2026. Mr. Little retired from Microchip effective May 31, 2022, and since founded CUSP Advisory Group and has authored two books, Shiftability: Creating a Sustainable Competitive Advantage in Selling and CUSP: Leading by Serving, When Outcomes Matter Most, to help lead others in understanding client value, excellence in co-creating leadership,
CHANDLER, Ariz., Oct. 27, 2025 (GLOBE NEWSWIRE) -- Governments across the globe are requesting critical infrastructure operators to adopt additional time sources alongside GNSS to enhance resilience and reliability, ensuring uninterrupted operations in the face of potential disruptions or service limitations. Microchip Technology (NASDAQ:MCHP) today announces the release of the TimeProvider® 4500 v3 grandmaster clock (TP4500) designed to deliver sub-nanosecond accuracy for time distribution across 800 km long-haul optical transmission. This innovative solution provides critical infrastructure operators with the missing link the industry has been waiting for in terms of complementary Posit
CHANDLER, Ariz., May 02, 2025 (GLOBE NEWSWIRE) -- (NASDAQ:MCHP) – Microchip Technology Incorporated, a leading provider of smart, connected and secure embedded control solutions, today announced that Rick Cassidy, Senior Vice President of Corporate Strategy Development at Taiwan Semiconductor Manufacturing Co. Ltd. (TSMC) and Chairman of TSMC Arizona, will join the Board of Directors of Microchip effective May 2, 2025. Regarding Mr. Cassidy's appointment to the board, Microchip's President and CEO, Steve Sanghi, said, "We are thrilled to welcome Rick Cassidy to Microchip's Board of Directors. During his nearly three decades at TSMC, Rick has held significant leadership roles which include
For the quarter ended March 31, 2026 Net sales of $1.311 billion, increased 35.1% from the year ago quarter and up 10.6% sequentially. The midpoint of our guidance provided on February 5, 2026 was net sales of $1.260 billion.On a GAAP basis: gross profit of 61.0%; operating income of $217.4 million and 16.6% of net sales; net income attributable to common stockholders of $116.4 million; and EPS of $0.21 per diluted share. Our guidance provided on February 5, 2026 was GAAP EPS per diluted share of $0.08 to $0.12.On a Non-GAAP basis: gross profit of 61.6%; operating income of $400.9 million and 30.6% of net sales; net income of $327.3 million; and EPS of $0.57 per diluted share. Our guidan
CHANDLER, Ariz., May 07, 2026 (GLOBE NEWSWIRE) -- (NASDAQ:MCHP) – Microchip Technology Incorporated, a leading provider of smart, connected, and secure embedded control solutions, today announced that its Board of Directors declared a quarterly cash dividend on its common stock of 45.5 cents per share. The dividend is payable on June 5, 2026, to stockholders of record on May 22, 2026. Microchip initiated quarterly cash dividend payments in the third quarter of fiscal year 2003. About Microchip: Microchip Technology Inc. is a broadline supplier of semiconductors committed to making innovative design easier through total system solutions that address critical challenges at the intersection
Net sales of $1.186 billion, increased 4.0% sequentially and up 15.6% from the year ago quarter. Our updated guidance provided on January 5, 2026 was net sales of $1.185 billion.On a GAAP basis: gross profit of 59.6%; operating income of $151.7 million and 12.8% of net sales; net income attributable to common stockholders of $34.9 million; and EPS of $0.06 per diluted share. Our updated guidance provided on December 2, 2025 was GAAP EPS of $0.02 per diluted share.On a Non-GAAP basis: gross profit of 60.5%; operating income of $337.8 million and 28.5% of net sales; net income of $252.8 million; and EPS of $0.44 per diluted share. Our updated guidance provided on December 2, 2025 was Non-GAAP
SC 13G - MICROCHIP TECHNOLOGY INC (0000827054) (Subject)
SC 13G/A - MICROCHIP TECHNOLOGY INC (0000827054) (Subject)
SC 13G/A - MICROCHIP TECHNOLOGY INC (0000827054) (Subject)