Mixed analyst opinions on Microchip Technology stock, with a 13.53% price target decrease

From Nasdaq: 2025-04-11 18:00:00

Microchip Technology (NASDAQ: MCHP) saw a range of analyst opinions in the last quarter, with 8 bullish, 5 somewhat bullish, and 1 indifferent rating. Analysts established a 12-month price target of $66.64, representing a 13.53% decrease from the previous average. Key analysts like Citigroup, Evercore ISI Group, and Mizuho made adjustments to their ratings and price targets. Microchip Technology’s financial performance showed a decline in revenue of -41.89% and challenges in profitability, asset utilization, and debt management. Analyst ratings provide insights into stock performance, with expectations ranging from ‘Outperform’ to ‘Underperform’. Make informed decisions using this data.



Read more at Nasdaq: Beyond The Numbers: 14 Analysts Discuss Microchip Technology Stock