Microchip Technology (NASDAQ:MCHP – Get Free Report) updated its third quarter 2025 earnings guidance on Tuesday. The company provided EPS guidance of 0.250-0.350 for the period, compared to the consensus EPS estimate of 0.460. The company issued revenue guidance of $1.0 billion-$1.1 billion, compared to the consensus revenue estimate of $1.2 billion. Microchip Technology also updated its Q3 guidance to $0.25-0.35 EPS.
Microchip Technology Stock Performance
MCHP traded up $0.59 on Thursday, reaching $74.34. 7,232,164 shares of the stock were exchanged, compared to its average volume of 5,966,145. The company has a debt-to-equity ratio of 0.96, a current ratio of 1.94 and a quick ratio of 1.08. The company’s 50-day moving average price is $77.05 and its 200 day moving average price is $85.12. The firm has a market capitalization of $39.88 billion, a PE ratio of 51.99 and a beta of 1.53. Microchip Technology has a fifty-two week low of $71.76 and a fifty-two week high of $100.57.
Microchip Technology (NASDAQ:MCHP – Get Free Report) last announced its quarterly earnings data on Tuesday, November 5th. The semiconductor company reported $0.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.43 by $0.03. The firm had revenue of $1.16 billion during the quarter, compared to analysts’ expectations of $1.15 billion. Microchip Technology had a return on equity of 28.33% and a net margin of 20.80%. The company’s revenue for the quarter was down 48.4% compared to the same quarter last year. During the same period last year, the business posted $1.54 earnings per share. As a group, sell-side analysts forecast that Microchip Technology will post 1.73 EPS for the current fiscal year.
Microchip Technology Increases Dividend
Analysts Set New Price Targets
A number of research analysts recently issued reports on MCHP shares. Evercore ISI restated an “outperform” rating and set a $95.00 target price (down from $101.00) on shares of Microchip Technology in a research report on Wednesday. Morgan Stanley lowered Microchip Technology from an “overweight” rating to an “equal weight” rating and reduced their price objective for the company from $102.00 to $100.00 in a research note on Thursday, July 11th. Mizuho set a $95.00 target price on Microchip Technology in a research note on Friday, October 18th. JPMorgan Chase & Co. dropped their target price on Microchip Technology from $110.00 to $100.00 and set an “overweight” rating on the stock in a report on Friday, August 2nd. Finally, Truist Financial downgraded Microchip Technology from a “buy” rating to a “hold” rating and decreased their price target for the company from $89.00 to $80.00 in a report on Monday, September 23rd. One investment analyst has rated the stock with a sell rating, five have given a hold rating and fourteen have issued a buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $92.00.
Check Out Our Latest Analysis on Microchip Technology
Insider Buying and Selling at Microchip Technology
In other news, CFO James Eric Bjornholt sold 2,154 shares of the business’s stock in a transaction dated Friday, August 23rd. The shares were sold at an average price of $81.50, for a total transaction of $175,551.00. Following the completion of the sale, the chief financial officer now owns 33,257 shares of the company’s stock, valued at $2,710,445.50. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders own 2.10% of the company’s stock.
About Microchip Technology
Microchip Technology Incorporated engages in the development, manufacture, and sale of smart, connected, and secure embedded control solutions in the Americas, Europe, and Asia. The company offers general purpose 8-bit, 16-bit, and 32-bit mixed-signal microcontrollers; 32-bit embedded mixed-signal microprocessors; and specialized microcontrollers for automotive, industrial, computing, communications, lighting, power supplies, motor control, human machine interface, security, wired connectivity, and wireless connectivity applications.
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