Microchip Technology (MCHP)
(Delayed Data from NSDQ)
$94.33 USD
+0.09 (0.10%)
Updated May 17, 2024 04:00 PM ET
After-Market: $94.31 -0.02 (-0.02%) 7:58 PM ET
3-Hold of 5 3
D Value C Growth F Momentum D VGM
Microchip Technology (MCHP) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$100.76 | $115.00 | $85.00 | 6.92% |
Price Target
Based on short-term price targets offered by 21 analysts, the average price target for Microchip Technology comes to $100.76. The forecasts range from a low of $85.00 to a high of $115.00. The average price target represents an increase of 6.92% from the last closing price of $94.24.
Analyst Price Targets (21)
Broker Rating
Microchip Technology currently has an average brokerage recommendation (ABR) of 1.52 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 21 brokerage firms. The current ABR compares to an ABR of 1.52 a month ago based on 21 recommendations.
Of the 21 recommendations deriving the current ABR, 15 are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 71.43% and 4.76% of all recommendations. A month ago, Strong Buy made up 71.43%, while Buy represented 4.76%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 15 | 15 | 15 | 14 | 14 |
Buy | 1 | 1 | 1 | 1 | 1 |
Hold | 5 | 5 | 5 | 5 | 5 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 1.52 | 1.52 | 1.52 | 1.55 | 1.55 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
5/7/2024 | KeyBanc Capital Markets | John Vinh | Strong Buy | Strong Buy |
5/7/2024 | Mizuho SecuritiesUSA | Vijay R Rakesh | Hold | Hold |
5/7/2024 | Truist Securities | William S Stein | Strong Buy | Strong Buy |
5/7/2024 | Needham & Company | Nathaniel Q Bolton | Moderate Buy | Moderate Buy |
5/7/2024 | B. Riley Securities | Craig A Ellis | Strong Buy | Strong Buy |
5/6/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
4/26/2024 | Piper Sandler | Harsh Kumar | Hold | Hold |
4/16/2024 | Evercore Partners | Mark Lipacis | Not Available | Strong Buy |
4/8/2024 | Susquehanna Financial Group | Christopher Rolland | Strong Buy | Strong Buy |
1/30/2024 | Rosenblatt Securities | Hans Mosesmann | Strong Buy | Strong Buy |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 1.52 |
ABR (Last week) | 1.52 |
# of Recs in ABR | 21 |
Average Target Price | $100.76 |
LT Growth Rate | 12.10% |
Industry | Semiconductor - Analog and Mixed |
Industry Rank by ABR | 210 of 252 |
Current Quarter EPS Est: | 0.53 |