Key facts, as of
As of September 29, 2026, Microchip Technology (MCHP) trades at $78.78, up 23.0% over the past year. Its 52-week range runs from $48.52 to $105.91; the price is 25.6% below that high. It sits 0.1% above its 200-day average of $78.72, the usual sign of a long-term uptrend. Its 30-day volatility is 36.1% annualized, which we rate high risk. It has a trailing P/E of 115.9 and a dividend yield of 2.33%.
Cite: Portfolio Terminal, "Microchip Technology (MCHP) stock analysis", 2026-09-29. https://portfolio-terminal.com/analyse/mchp
Where it trades today
trading 53% of the way up its 52-week range
How the price has moved
What to weigh before acting
What Matters Now
- Execution usually depends on product cycles, cloud demand, and how efficiently new AI or software capex converts into durable revenue.
- MCHP trades at 115.9x earnings, well above the technology average of 28.5x, so the market is already pricing in above-consensus execution.
- Recent realized volatility is running around 36.1%, above the sector norm of 28.0%, so position sizing matters more than usual.
- MCHP is in a bullish short-term regime and only 25.6% below its 52-week high, so the question is whether fundamentals can keep pace with that stronger tape.
Portfolio Use Case
- MCHP is more relevant for investors who want some income support alongside price appreciation, not just pure growth exposure.
- This name works better as a satellite or higher-conviction growth position because it can amplify market swings in both directions.
- It is best monitored alongside valuation discipline, because strong narratives in technology can stay expensive longer than expected.
What Would Change the View
- A reset in earnings expectations or a faster peer catch-up could compress the premium valuation currently embedded in MCHP.
- If the short-term trend rolls over while volume fades, the market may stop paying up for momentum before the fundamentals change.
- Volatility is already above the sector norm, so even a correct long-term thesis can be painful if the position size is too aggressive.
Methodology
- Price, market cap, beta, yield, and liquidity fields for MCHP come from Yahoo Finance quote and summary data.
- 30-day volatility is calculated from recent daily returns and annualized using a 252-trading-day convention.
- Sector context uses stored benchmark averages for Technology so each page compares the ticker against a stable peer baseline rather than against the whole market.
- Peer comparisons use the Portfolio Terminal coverage set and highlight nearby listed alternatives such as AAPL, MSFT, NVDA.
Sources
- Yahoo Finance quote dataopen →
Live quote, valuation, beta, yield, and volume fields used for MCHP. Last refresh: Sep 29, 2026, 10:33 PM.
- Portfolio Terminal methodologyopen →
Explains how analytics, refresh cadence, and portfolio interpretation work across the product.
- Peer set and coverage context
Comparative context for this page is anchored around nearby tracked names such as AAPL, MSFT, NVDA.
What Microchip Technology does
Microchip Technology Incorporated develops, manufactures, and sells smart, connected, and secure embedded control solutions in the Americas, Europe, and Asia. It operates in two segments, Semiconductor Products and Technology Licensing. The company offers general-purpose 8-bit, 16-bit, 32-bit, and 64-bit mixed-signal microcontrollers; 32-bit and 64-bit embedded mixed-signal microprocessors; and specialized mixed-signal microcontrollers for automotive, industrial, computing, communications, lighting, power supplies, motor control, human-machine interface, security, wired connectivity, and wireless connectivity applications. It also provides analog products, including power management,…
What analysts expect
MCHP carries a buy consensus from 25 analysts, with an average price target of $107.84 versus $78.78 today (+36.9%). Targets are estimates and can move quickly after earnings.
Consensus aggregated by Yahoo Finance. Targets are estimates, not forecasts.
How the business is doing
MCHP generated $5.12B in trailing revenue (38.0% year over year), with a 9.3% net margin, and $1.36B of free cash flow, against $5.13B of net debt.
The numbers, year by year
| Fiscal year | Revenue | Gross profit | Operating income | Net income | EPS | Free cash flow |
|---|---|---|---|---|---|---|
| 2026 | $4.71B | $2.72B | $529.80M | $230.00M | $0.22 | $871.00M |
| 2025 | $4.40B | $2.47B | $375.50M | -$500000.00 | -$0.01 | $772.10M |
| 2024 | $7.63B | $5.00B | $2.56B | $1.91B | $3.52 | $2.61B |
| 2023 | $8.44B | $5.70B | $3.11B | $2.24B | $4.07 | $3.13B |
When it reports next
Estimates aggregated by Yahoo Finance. Dates move and estimates change until the report lands.
How it sits in technology
High-growth sector driven by innovation, cloud computing, AI, and digital transformation.
The companies it competes with
MCHP beside the technology names it is usually measured against.
What the chart is saying
Back above its 50-day average, still under the long-term trend.
recovering- Price is 3.6% above its 50-day average and 0.1% above its 200-day.
- The 50-day crossed below the 200-day on 2026-09-15 (a “death cross”).
- RSI at 59 is neither stretched nor washed out.
- The nearest ceiling is $81.51 (+3.5%), the nearest floor $75.61 (-4.0%).
A description of the chart, not advice. Indicators describe what the price has done; none of them knows what it does next.
Questions people ask about it
Is MCHP a good buy right now?
Microchip Technology trades at 115.9x earnings. This is above market average, reflecting growth expectations. Current risk level is High based on 36.1% volatility.
Does MCHP pay dividends?
Yes, Microchip Technology offers a dividend yield of 2.33%. That is roughly $1.84 per share a year.
How volatile is MCHP?
With 30-day annualized volatility of 36.1% and beta of 1.74, MCHP is classified as High risk. Expect larger swings than the broader market during volatile periods.
What is the analyst price target for MCHP?
The average analyst price target for Microchip Technology (MCHP) is $107.84 based on 25 analyst estimates, about 36.9% above the current price of $78.78. The published range runs from $80.00 to $135.00.
How much revenue does MCHP generate?
Microchip Technology reported $5.12B in trailing twelve-month revenue. Revenue growth is running at 38.0% year over year. Net margin sits at 9.3%. Figures are aggregated from company filings by Yahoo Finance and refresh on an hourly cadence.
Compare MCHP with anything
Five years side by side: what $10,000 became, how far each fell, whether they move together.