Microchip Technology (MCHP) to Post Earnings on Thursday

Microchip Technology (NASDAQ:MCHP) is expected to post its Q1 2027 results after the market closes on Thursday, August 6th. Analysts expect Microchip Technology to post earnings of $0.70 per share and revenue of $1.4585 billion for the quarter. Microchip Technology has set its Q1 2027 guidance at 0.670-0.710 EPS. Individuals can find conference call details on the company’s upcoming Q1 2027 earning report page for the latest details on the call scheduled for Thursday, August 6, 2026 at 5:00 PM ET.

Microchip Technology (NASDAQ:MCHP) last issued its earnings results on Thursday, May 7th. The semiconductor company reported $0.57 earnings per share for the quarter, topping the consensus estimate of $0.50 by $0.07. Microchip Technology had a return on equity of 10.87% and a net margin of 4.88%.The company had revenue of $1.31 billion during the quarter, compared to the consensus estimate of $1.26 billion. During the same quarter in the prior year, the business earned $0.11 earnings per share. The company’s revenue was up 35.1% compared to the same quarter last year. On average, analysts expect Microchip Technology to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Microchip Technology Price Performance

MCHP stock opened at $80.67 on Wednesday. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.18 and a current ratio of 2.09. Microchip Technology has a 1 year low of $48.52 and a 1 year high of $105.91. The firm has a market cap of $43.80 billion, a P/E ratio of 384.16, a price-to-earnings-growth ratio of 0.76 and a beta of 1.76. The stock has a 50-day simple moving average of $88.15 and a 200-day simple moving average of $81.26.

Microchip Technology Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 5th. Shareholders of record on Friday, May 22nd were issued a $0.455 dividend. This represents a $1.82 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date was Friday, May 22nd. Microchip Technology’s dividend payout ratio is currently 866.67%.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on MCHP. JPMorgan Chase & Co. increased their price objective on shares of Microchip Technology from $95.00 to $120.00 and gave the company an “overweight” rating in a research report on Friday, May 8th. Needham & Company LLC boosted their target price on shares of Microchip Technology from $84.00 to $120.00 and gave the stock a “buy” rating in a research report on Friday, May 8th. Weiss Ratings downgraded shares of Microchip Technology from a “hold (c)” rating to a “hold (c-)” rating in a research note on Friday, July 24th. Wall Street Zen raised shares of Microchip Technology from a “hold” rating to a “buy” rating in a report on Saturday, May 9th. Finally, Barclays lifted their price target on shares of Microchip Technology from $80.00 to $105.00 and gave the stock an “equal weight” rating in a research note on Monday, May 11th. Four analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat.com, Microchip Technology currently has an average rating of “Moderate Buy” and an average price target of $99.76.

Insiders Place Their Bets

In other Microchip Technology news, Director Matthew W. Chapman sold 3,000 shares of the company’s stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of $97.52, for a total value of $292,560.00. Following the transaction, the director directly owned 17,665 shares of the company’s stock, valued at $1,722,690.80. This represents a 14.52% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, COO Richard J. Simoncic sold 5,000 shares of the stock in a transaction that occurred on Thursday, June 4th. The shares were sold at an average price of $97.52, for a total value of $487,600.00. Following the transaction, the chief operating officer owned 130,508 shares of the company’s stock, valued at approximately $12,727,140.16. This trade represents a 3.69% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 26,750 shares of company stock worth $2,543,170 in the last three months. 1.79% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the stock. Compound Planning Inc. increased its holdings in Microchip Technology by 374.2% in the fourth quarter. Compound Planning Inc. now owns 26,941 shares of the semiconductor company’s stock valued at $1,717,000 after buying an additional 21,260 shares during the last quarter. Invesco Ltd. grew its position in shares of Microchip Technology by 4.8% in the 4th quarter. Invesco Ltd. now owns 14,992,128 shares of the semiconductor company’s stock worth $955,298,000 after acquiring an additional 684,561 shares in the last quarter. Corient Private Wealth LLC increased its holdings in shares of Microchip Technology by 51.8% in the 4th quarter. Corient Private Wealth LLC now owns 1,569,261 shares of the semiconductor company’s stock valued at $99,756,000 after acquiring an additional 535,625 shares during the last quarter. State of Tennessee Department of Treasury raised its position in shares of Microchip Technology by 46.6% during the 4th quarter. State of Tennessee Department of Treasury now owns 190,190 shares of the semiconductor company’s stock valued at $12,119,000 after acquiring an additional 60,423 shares in the last quarter. Finally, EP Wealth Advisors LLC acquired a new position in Microchip Technology in the fourth quarter worth $556,000. 91.51% of the stock is owned by institutional investors and hedge funds.

About Microchip Technology

Microchip Technology Inc is a semiconductor company headquartered in Chandler, Arizona, that designs, develops and supplies a broad portfolio of embedded control and analog semiconductors. Its product lineup centers on microcontrollers (including the well-known PIC family), digital signal controllers and associated development tools and software, along with a range of mixed-signal and analog devices, nonvolatile memory, power management, timing, interface, wireless and security products. The company also provides integrated hardware and software solutions intended to simplify embedded design and accelerate time to market for OEMs and contract manufacturers.

Microchip’s products are used across a wide range of end markets, including automotive, industrial automation, consumer electronics, communications, aerospace and defense, and Internet of Things (IoT) applications.