B. Riley Lowers Earnings Estimates for Microchip Technology

Microchip Technology Incorporated (NASDAQ:MCHP) – Investment analysts at B. Riley reduced their Q3 2025 earnings per share (EPS) estimates for Microchip Technology in a report released on Friday, January 24th. B. Riley analyst C. Ellis now anticipates that the semiconductor company will earn $0.19 per share for the quarter, down from their previous forecast of $0.23. B. Riley currently has a “Buy” rating and a $85.00 target price on the stock. The consensus estimate for Microchip Technology’s current full-year earnings is $1.31 per share. B. Riley also issued estimates for Microchip Technology’s Q4 2025 earnings at $0.22 EPS, FY2025 earnings at $1.27 EPS, Q1 2026 earnings at $0.33 EPS, Q2 2026 earnings at $0.43 EPS, Q3 2026 earnings at $0.47 EPS, Q4 2026 earnings at $0.54 EPS and FY2026 earnings at $1.76 EPS.

Other research analysts have also recently issued reports about the company. Mizuho reduced their price target on Microchip Technology from $85.00 to $72.00 and set an “outperform” rating for the company in a research report on Friday, January 10th. Bank of America downgraded Microchip Technology from a “neutral” rating to an “underperform” rating and cut their price objective for the company from $80.00 to $65.00 in a report on Monday, December 16th. Citigroup lowered their target price on shares of Microchip Technology from $92.00 to $82.00 and set a “buy” rating on the stock in a report on Wednesday, November 6th. Evercore ISI reiterated an “outperform” rating and issued a $95.00 price target (down previously from $101.00) on shares of Microchip Technology in a research note on Wednesday, November 6th. Finally, StockNews.com raised shares of Microchip Technology from a “sell” rating to a “hold” rating in a research report on Friday, December 13th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and thirteen have issued a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $84.00.

Microchip Technology Trading Down 1.7 %

Shares of NASDAQ:MCHP opened at $56.28 on Monday. The company’s 50-day moving average price is $60.12 and its two-hundred day moving average price is $72.08. Microchip Technology has a one year low of $54.47 and a one year high of $100.57. The company has a debt-to-equity ratio of 0.71, a current ratio of 0.88 and a quick ratio of 0.48. The stock has a market capitalization of $30.22 billion, a PE ratio of 39.36 and a beta of 1.52.

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

Microchip Technology Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, December 6th. Investors of record on Friday, November 22nd were paid a $0.455 dividend. The ex-dividend date of this dividend was Friday, November 22nd. This is an increase from Microchip Technology’s previous quarterly dividend of $0.45. This represents a $1.82 annualized dividend and a dividend yield of 3.23%. Microchip Technology’s dividend payout ratio is 127.27%.

Institutional Trading of Microchip Technology

Several hedge funds and other institutional investors have recently bought and sold shares of MCHP. Prospera Private Wealth LLC bought a new position in shares of Microchip Technology during the third quarter worth approximately $29,000. Financial Life Planners acquired a new stake in Microchip Technology during the fourth quarter worth approximately $32,000. Peterson Financial Group Inc. acquired a new position in Microchip Technology in the 3rd quarter valued at $34,000. Truvestments Capital LLC bought a new stake in shares of Microchip Technology during the 3rd quarter valued at $34,000. Finally, Wolff Wiese Magana LLC grew its holdings in shares of Microchip Technology by 55.2% during the 3rd quarter. Wolff Wiese Magana LLC now owns 613 shares of the semiconductor company’s stock worth $49,000 after purchasing an additional 218 shares in the last quarter. 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.