Microchip Technology (MCHP) Projected to Post Quarterly Earnings on Thursday

Microchip Technology (NASDAQ:MCHP) is expected to issue its Q3 2026 results after the market closes on Thursday, February 5th. Analysts expect the company to announce earnings of $0.38 per share and revenue of $1.1850 billion for the quarter. Microchip Technology has set its Q3 2026 guidance at 0.340-0.400 EPS. Individuals may visit the the company’s upcoming Q3 2026 earning results page for the latest details on the call scheduled for Thursday, February 5, 2026 at 5:00 PM ET.

Microchip Technology (NASDAQ:MCHP) last released its quarterly earnings data on Thursday, November 6th. The semiconductor company reported $0.35 EPS for the quarter, topping analysts’ consensus estimates of $0.33 by $0.02. Microchip Technology had a negative net margin of 4.39% and a positive return on equity of 5.21%. The firm had revenue of $1.14 billion for the quarter, compared to the consensus estimate of $1.13 billion. During the same quarter in the previous year, the firm earned $0.46 earnings per share. The firm’s revenue was down 2.0% on a year-over-year basis. On average, analysts expect Microchip Technology to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Microchip Technology Price Performance

MCHP stock opened at $76.66 on Wednesday. The firm has a 50 day moving average of $68.51 and a 200-day moving average of $65.40. Microchip Technology has a 12-month low of $34.13 and a 12-month high of $81.43. The company has a current ratio of 2.25, a quick ratio of 1.20 and a debt-to-equity ratio of 0.80. The company has a market cap of $41.43 billion, a price-to-earnings ratio of -170.36, a PEG ratio of 2.00 and a beta of 1.46.

Microchip Technology Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 9th. Investors of record on Monday, November 24th were issued a dividend of $0.455 per share. The ex-dividend date of this dividend was Monday, November 24th. This represents a $1.82 annualized dividend and a yield of 2.4%. Microchip Technology’s payout ratio is currently -404.44%.

Analyst Upgrades and Downgrades

Several analysts have weighed in on the company. Stifel Nicolaus set a $80.00 target price on Microchip Technology and gave the company a “buy” rating in a report on Tuesday, January 6th. Wells Fargo & Company increased their price objective on shares of Microchip Technology from $58.00 to $68.00 and gave the company an “equal weight” rating in a research note on Wednesday, January 7th. Cantor Fitzgerald lifted their target price on shares of Microchip Technology from $85.00 to $100.00 and gave the stock an “overweight” rating in a research report on Monday. B. Riley increased their price target on shares of Microchip Technology from $85.00 to $95.00 and gave the company a “buy” rating in a research report on Monday, January 12th. Finally, Bank of America upgraded Microchip Technology from a “neutral” rating to a “buy” rating and set a $95.00 price objective for the company in a research report on Wednesday, January 28th. Three research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Microchip Technology presently has an average rating of “Moderate Buy” and an average target price of $82.73.

Insider Buying and Selling at Microchip Technology

In other Microchip Technology news, CFO James Eric Bjornholt sold 4,292 shares of the firm’s stock in a transaction dated Tuesday, November 25th. The stock was sold at an average price of $50.39, for a total value of $216,273.88. Following the sale, the chief financial officer directly owned 30,089 shares of the company’s stock, valued at approximately $1,516,184.71. This trade represents a 12.48% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Steve Sanghi sold 98,814 shares of Microchip Technology stock in a transaction dated Wednesday, January 28th. The shares were sold at an average price of $80.55, for a total value of $7,959,467.70. Following the completion of the sale, the chief executive officer owned 9,922,319 shares of the company’s stock, valued at $799,242,795.45. This trade represents a 0.99% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 121,615 shares of company stock worth $9,641,654 in the last 90 days. Insiders own 1.94% of the company’s stock.

Institutional Investors Weigh In On Microchip Technology

A number of institutional investors have recently bought and sold shares of the stock. State of Wyoming increased its position in Microchip Technology by 78.1% during the second quarter. State of Wyoming now owns 618 shares of the semiconductor company’s stock worth $43,000 after purchasing an additional 271 shares during the last quarter. Fulcrum Asset Management LLP acquired a new stake in shares of Microchip Technology during the 3rd quarter worth $52,000. Johnson Financial Group Inc. increased its holdings in shares of Microchip Technology by 373.2% during the 3rd quarter. Johnson Financial Group Inc. now owns 1,112 shares of the semiconductor company’s stock worth $71,000 after buying an additional 877 shares during the last quarter. Geneos Wealth Management Inc. raised its position in shares of Microchip Technology by 101.8% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,221 shares of the semiconductor company’s stock worth $59,000 after buying an additional 616 shares during the period. Finally, MUFG Securities EMEA plc acquired a new position in Microchip Technology in the second quarter valued at $111,000. 91.51% of the stock is currently owned by hedge funds and other institutional investors.

Microchip Technology Company Profile

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.