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Barchart
Barchart
Neha Panjwani

What Are Wall Street Analysts' Target Price for Microchip Technology Stock?

MCHP

Chandler, Arizona-based Microchip Technology Incorporated (MCHP) develops, manufactures, and sells smart, connected, and secure embedded control solutions. With a market cap of $40.7 billion, the company offers mixed-signal microcontrollers, microprocessors, analog, Flash-IP integrated circuits, and memory products for a wide variety of applications.

Shares of this global leader in the semiconductor industry have underperformed the broader market over the past year. MCHP has gained 8.4% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 16.9%. In 2026, MCHP stock is up 19.5%, surpassing the SPX’s 8.7% gains on a YTD basis.

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