Microchip Technology Inc MCHP
Stock research in plain language · As of Oct 04, 2026 · updated once a week, after the trading week closes
What the company does
Microchip Technology Inc is a large-cap company in the Technology sector (Semiconductors), with a market value of $44.2B, based in the USA.
It employs about 17,900 people and has been listed since Mar 19, 1993.
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.
Cheap or expensive? relatively expensive
Its price-to-earnings (P/E) is 114.5 versus 41.5 for the median of the Technology sector in our universe (46 companies) — relatively expensive.
Revenue is growing 38% a year — the market is paying ahead for that growth. If it slows, the high multiple becomes the risk.
On analysts' next-year forecasts the multiple drops to 20.5 — they expect higher earnings.
The average analyst price target is 107.84, 33% above the current price (their view, not ours).
The stock sits at 59% of its one-year range (0% = the low, 100% = the high).
The risks
- • The stock is more volatile than average (beta 1.7) — big daily moves both ways.
Strengths
- ✅ Profitable — 16 of every 100 dollars of revenue stays as profit.
- ✅ Generates free cash flow — profit becomes cash in the bank.
- ✅ Most analysts rate it buy (20 vs 0).
- ✅ Revenue is growing 38% a year.
- ✅ Pays a dividend (2.3% a year).
What changed this week
Over the past week the stock rose 3.3% (for comparison: S&P 500 -0.2%, sector ETF XLK +1.8%).
This week's news
- 3 Tech Hardware Stocks Built For Higher Rates And AI Infrastructure finance.yahoo.com · 2026-10-03
- Impinj, Power Integrations, Kulicke and Soffa, Microchip Technology, and Monolithic Power Systems Shares Are Soaring, What You Need To Know finance.yahoo.com · 2026-10-02
- Analog Semiconductors Stocks Q2 Recap: Benchmarking Vishay Intertechnology (NYSE:VSH) finance.yahoo.com · 2026-10-01
- MCHP Expands Ethernet Portfolio: Can it Challenge TXN & ADI? finance.yahoo.com · 2026-10-01
- How Investors May Respond To Microchip Technology (MCHP) Expanding 10BASE-T1S Ethernet For Zonal Edge Architectures finance.yahoo.com · 2026-09-30
- Microchip Technology (MCHP) Stock Trades Up, Here Is Why finance.yahoo.com · 2026-09-29
A description of facts from the filings and the market — not investment advice or a recommendation. "Cheap" and "expensive" are always relative to the comparison group.