Zacks Research Has Pessimistic Outlook of MCHP Q3 Earnings

Microchip Technology Incorporated (NASDAQ:MCHP) – Zacks Research cut their Q3 2025 earnings per share estimates for shares of Microchip Technology in a report issued on Tuesday, February 4th. Zacks Research analyst R. Department now anticipates that the semiconductor company will post earnings per share of $0.21 for the quarter, down from their previous forecast of $0.24. The consensus estimate for Microchip Technology’s current full-year earnings is $1.31 per share. Zacks Research also issued estimates for Microchip Technology’s Q4 2025 earnings at $0.24 EPS, FY2025 earnings at $1.30 EPS, Q1 2026 earnings at $0.35 EPS and Q3 2026 earnings at $0.39 EPS.

A number of other equities research analysts have also recently commented on the company. Citigroup decreased their price target on Microchip Technology from $92.00 to $82.00 and set a “buy” rating for the company in a research note on Wednesday, November 6th. Needham & Company LLC reissued a “buy” rating and set a $85.00 target price on shares of Microchip Technology in a report on Tuesday, December 3rd. Morgan Stanley lowered their price target on shares of Microchip Technology from $71.00 to $58.00 and set an “equal weight” rating on the stock in a report on Tuesday. The Goldman Sachs Group reduced their price objective on Microchip Technology from $72.00 to $63.00 and set a “neutral” rating for the company in a research note on Friday, January 10th. Finally, Rosenblatt Securities restated a “buy” rating and issued a $90.00 target price on shares of Microchip Technology in a research note on Thursday. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and thirteen have issued a buy rating to the stock. According to data from MarketBeat.com, Microchip Technology presently has an average rating of “Moderate Buy” and a consensus price target of $81.67.

Microchip Technology Stock Up 1.7 %

Shares of Microchip Technology stock opened at $53.50 on Thursday. The firm’s 50 day moving average price is $58.62 and its 200-day moving average price is $70.50. The company has a market cap of $28.73 billion, a P/E ratio of 37.41 and a beta of 1.50. The company has a quick ratio of 0.48, a current ratio of 0.88 and a debt-to-equity ratio of 0.71. Microchip Technology has a 52-week low of $51.37 and a 52-week high of $100.57.

Microchip Technology (NASDAQ:MCHP) last released its quarterly earnings data on Tuesday, November 5th. The semiconductor company reported $0.46 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.43 by $0.03. Microchip Technology had a net margin of 14.22% and a return on equity of 19.47%. The firm had revenue of $1.16 billion for the quarter, compared to the consensus estimate of $1.15 billion. During the same period last year, the firm earned $1.54 earnings per share. The company’s quarterly revenue was down 48.4% on a year-over-year basis.

Hedge Funds Weigh In On Microchip Technology

A number of hedge funds have recently made changes to their positions in the company. Prospera Private Wealth LLC acquired a new position in Microchip Technology during the third quarter worth about $29,000. Peterson Financial Group Inc. purchased a new position in Microchip Technology in the 3rd quarter worth approximately $34,000. Truvestments Capital LLC purchased a new stake in Microchip Technology in the 3rd quarter valued at $34,000. Financial Life Planners acquired a new stake in Microchip Technology during the fourth quarter worth about $32,000. Finally, Kohmann Bosshard Financial Services LLC purchased a new stake in shares of Microchip Technology during the 4th quarter valued at approximately $34,000. Institutional investors and hedge funds own 91.51% 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.