Microchip Technology Stock Target Price and Analyst Consensus

MCHP Stock  USD 93.60  1.39  1.51%   
The current analyst and expert consensus on Microchip Technology is Strong Buy with 10 hold recommendations. The current projected Microchip Technology target price consensus is 97.14 with 26 analyst opinions. One of the most common ways Microchip Technology analysts use to provide buy-or-sell recommendation to the public are conference calls analysis and financial statements evaluations. Some experts can also talk to Microchip Technology vendors, executives, and/or customers. Microchip Technology recommendation module provides expert sentiment on the projected Microchip Technology target price to derive its highest and lowest estimates based on target price standard deviation of 0.0. Check out Macroaxis Advice on Microchip Technology to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
To learn how to invest in Microchip Stock, please use our How to Invest in Microchip Technology guide.
Lowest Forecast
88.4
Highest Forecast
107.83
Target Price
97.14
As of 04/27/2024, Gross Profit is likely to grow to about 6.9 B, while Pretax Profit Margin is likely to drop 0.23. At this time, Microchip Technology's Retained Earnings are relatively stable compared to the past year. As of 04/27/2024, Accounts Payable is likely to grow to about 479.3 M, while Common Stock Shares Outstanding is likely to drop slightly above 464.9 M.
  
It's important to approach Microchip Technology's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.

Microchip Technology Target Price Consensus

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Microchip target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Microchip Technology's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
   26  Strong Buy
Most Microchip analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Microchip stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Microchip Technology, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

Microchip Technology Target Price Projection

Microchip Technology's current and average target prices are 93.60 and 97.14, respectively. The current price of Microchip Technology is the price at which Microchip Technology is currently trading. On the other hand, Microchip Technology's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

Microchip Technology Market Quote on 27th of April 2024

Low Price91.46Odds
High Price94.63Odds

93.6

Target Price

Analyst Consensus On Microchip Technology Target Price

Low Estimate88.4Odds
High Estimate107.83Odds

97.14

Historical Lowest Forecast  88.4 Target Price  97.14 Highest Forecast  107.83
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Microchip Technology and the information provided on this page.

Microchip Technology Analyst Ratings

Microchip Technology's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Microchip Technology stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Microchip Technology's financials, market performance, and future outlook by experienced professionals. Microchip Technology's historical ratings below, therefore, can serve as a valuable tool for investors.

Analyst Consensus Breakdown

Average Consensus Estimates

Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Microchip Technology price targets

Microchip Technology's stock target price is an estimate of its future price, usually made by analysts. Using Microchip Technology's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Microchip Technology's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Microchip Technology's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Microchip Technology Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Microchip Technology is a key component of Microchip Technology valuation and have some predictive power on the future returns of a Microchip Technology.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Microchip Technology's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
91.1993.3295.45
Details
Intrinsic
Valuation
LowRealHigh
84.3186.44102.96
Details
Earnings
Estimates (0)
LowProjected EPSHigh
1.150.571.25
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Microchip Technology. Your research has to be compared to or analyzed against Microchip Technology's peers to derive any actionable benefits. When done correctly, Microchip Technology's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Microchip Technology.

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When determining whether Microchip Technology is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Microchip Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Microchip Technology Stock. Highlighted below are key reports to facilitate an investment decision about Microchip Technology Stock:
Check out Macroaxis Advice on Microchip Technology to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
To learn how to invest in Microchip Stock, please use our How to Invest in Microchip Technology guide.
Note that the Microchip Technology information on this page should be used as a complementary analysis to other Microchip Technology's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

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When running Microchip Technology's price analysis, check to measure Microchip Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Microchip Technology is operating at the current time. Most of Microchip Technology's value examination focuses on studying past and present price action to predict the probability of Microchip Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Microchip Technology's price. Additionally, you may evaluate how the addition of Microchip Technology to your portfolios can decrease your overall portfolio volatility.
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The data published in Microchip Technology's official financial statements usually reflect Microchip Technology's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Microchip Technology. For example, before you start analyzing numbers published by Microchip accountants, it's critical to develop an understanding of what Microchip Technology's liquidity, profitability, and earnings quality are in the context of the Semiconductors & Semiconductor Equipment space in which it operates.
Please note, the presentation of Microchip Technology's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Microchip Technology's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Microchip Technology's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Microchip Technology. Please utilize our Beneish M Score to check the likelihood of Microchip Technology's management manipulating its earnings.