Microchip Technology Stock Target Price and Analyst Consensus

MCHP Stock  USD 67.87  0.54  0.79%   
The current analyst and expert consensus on Microchip Technology is Strong Buy with 8 hold recommendations. The current projected Microchip Technology target price consensus is 97.14 with 25 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 2.3123.
Lowest Forecast
88.4
Highest Forecast
107.83
Target Price
97.14
As of 11/28/2024, Gross Profit is likely to grow to about 5.2 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 11/28/2024, Cash is likely to grow to about 413.5 M, while Cash And Short Term Investments are likely to drop slightly above 303.7 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

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.
   25  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 67.87 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 28th of November 2024

Low Price66.6Odds
High Price68.97Odds

67.87

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.
Hype
Prediction
LowEstimatedHigh
66.0668.3670.66
Details
Intrinsic
Valuation
LowRealHigh
61.0883.4185.71
Details
Naive
Forecast
LowNextHigh
68.0770.3772.67
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.300.300.33
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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Additional Tools for Microchip Stock Analysis

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.