Needham cuts Microchip Technology stock target to $60
Needham analysts adjusted their outlook on Microchip Technology (NASDAQ:MCHP), reducing the price target to $60 from the previous $85, while still retaining a Buy rating on the shares. The revision follows the company's financial report,
Microchip Technology (MCHP) Could be the Under-the-Radar AI Play About to Pop
To be fair, Microchip isn’t as exciting as primary chip designers like Nvidia (NASDAQ: NVDA) or Advanced Micro Devices (NASDAQ: AMD ). However, it’s more than fair to say that Microchip plays an important support role in the broader machine intelligence ecosystem.
Microchip Technology Incorporated (MCHP) Q3 2025 Earnings Call Transcript
Microchip Technology Incorporated ( NASDAQ: MCHP) Q3 2025 Earnings Conference Call February 6, 2025 5:00 PM ET Steve Sanghi - Chief Executive Officer Eric Bjornholt - Chief Financial Officer Rich Simoncic - Chief Operating Officer
Microchip Technology Stock Down On Q3 Loss, Q4 Loss Outlook; Lifts Dividend
Shares of semiconductor Microchip Technology Inc. (MCHP) declined 6.9% in the extended trading on Thursday and are currently down
Microchip Tech: Fiscal Q3 Earnings Snapshot
Microchip Technology Inc. (MCHP) on Thursday reported a loss of $53.6 million in its fiscal third quarter. The Chandler, Arizona-based company said it had a loss of 10 cents per share. Earnings, adjusted for one-time gains and costs,
Microchip Technology (MCHP) Misses Q3 Earnings and Revenue Estimates
Microchip Technology (MCHP) came out with quarterly earnings of $0.20 per share, missing the Zacks Consensus Estimate of $0.28 per share. This compares to earnings of $1.08 per share a year ago. These figures are adjusted for non-recurring items.
Microchip Technology (NASDAQ:MCHP) Misses Q4 Analysts’ Revenue Estimates
Analog chipmaker Microchip Technology (NASDAQ:MCHP) in Q4 CY2024, with sales falling 41.9% year on year to $1.03 billion. Next quarter’s revenue guidance of $960 million underwhelmed, coming in 9.2% below analysts’ estimates.
Microchip price target lowered to $75 from $85 at B. Riley
B. Riley analyst Craig Ellis lowered the firm’s price target on Microchip (MCHP) to $75 from $85 and keeps a Buy rating on the shares. The ...
A microchip material maker sees its worst day in 11 years. Ken Griffin’s Citadel wins big.
A microchip materials manufacturer that counts Taiwan Semiconductor, GlobalFoundries and STMicroelectronics as clients saw ...
Microchip forecasts dour quarterly results as customers reduce excess inventory
Chipmaker Microchip Technology forecast fourth-quarter net sales and profit below Wall Street estimates on Thursday, anticipating tepid demand as customers in the automotive market still work on ...
Microchip price target lowered to $60 from $95 at Raymond James
Raymond James lowered the firm’s price target on Microchip (MCHP) to $60 from $95 and keeps a Strong Buy rating on the shares. The company ...
Microchip Technology Inc (MCHP) Q3 2025 Earnings Call Highlights: Navigating Revenue Challenges ...
Despite a decline in net sales, Microchip Technology Inc (MCHP) focuses on innovation and efficiency to drive future growth.
Microchip Technology's Valuation Is Unjustifiable
Microchip Technology's revenue has been declining for four consecutive quarters. Read more to see why I'm very bearish on ...
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Longtime ESPN Personality Can't Believe the NFL Doesn't Have a Microchip in Ball
The Buffalo Bills and Kansas City Chiefs played another playoff classic on Sunday that ended the same way all the previous ...
Microchip Technology Appoints Victor Peng to Its Board of Directors
Microchip Technology Incorporated, a leading provider of smart, connected and secure embedded control solutions, today ...
Pet owners risk £500 fine for using unaccredited microchip company 'PetChip'
Following complaints about a company called ‘PetChip’, Which? is warning pet owners to check whether their dogs and cats are ...
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Microchip Stock On Track To Hit 4-Year Low After Q3 Earnings Miss, Weak Guidance: Retail Stays Bullish
Microchip Technology Inc. (MCHP) stock dropped nearly 6.5% in pre-market trading on Friday after the semiconductor company missed third-quarter earnings and revenue expectations. The chipmaker also ...