Microchip Technology Incorporated (MCHP) fair value analysis
S&P 500 & Nasdaq · Updated 2026-10-19
MCHP price how computed
Forward Fair Value verdict
Fairly valuedMCHP is trading at within about 10% of estimated fair value.
Based on TickrTrends' weekly Forward Fair Value model.
- Last price
- $75.55
- Sector
- Technology
- 12-month range
- $49.02–$102.92
- Market cap
- $41B
- From 52-week high
- -26.6%
- Shares outstanding
- 543M
- Rank in Technology by discount to fair value
- #97 of 181
Last price is our 2026-10-19 weekly price; the chart runs through 2026-10-16.
Microchip Technology Incorporated designs and manufactures microcontrollers, analog semiconductors, and related semiconductor products used in a wide range of applications including automotive, industrial, consumer, and computing devices. The company operates globally with manufacturing, design, and sales facilities across multiple continents including North America, Europe, and Asia.
MCHP currently ranks #97 of 181 Technology stocks by discount to fair value. It has screened as Fairly valued for 14 consecutive weekly runs.
Fundamentals (4 quarters) how computed
- Market cap
- $41B
- P/E (trailing)
- 38x
- Revenue (TTM)
- $5.12B
- Net margin
- 8.8%
- EPS (TTM)
- $1.97
- Gross margin
- 63.2%
- Debt / equity
- 0.84
- Revenue growth (3-yr avg)
- -11.4%
- Shares outstanding
- 543M
Derived indicators how computed
- Quality grade
- C
- Margin trend
- Expanding
- 52-week position
- The lower-middle quarter of its range
Technicals how computed
- RSI (14-day)
- 54 · neutral
- 50-day average
- $75.76
- 200-day average
- $79.44
- Moving-average state
- 50-day below 200-day (death cross state); price below both averages
Dividends how computed
- Paid, last 12 months
- $1.82 per share (4 payments)
- Yield on last price
- 2.41%
- Consecutive years of increases
- 3
- Last ex-dividend date
- 2026-08-24
- Last payment date
- 2026-09-09
Earnings how computed
- Next earnings report
- 2026-11-05
- Last 8 quarters vs consensus
- 6 beat, 1 missed
- Quarter by quarter
- 2026-06 ▲ beat (+3.4%)
2026-03 ▲ beat (+14.0%)
2025-12 ▲ beat (+2.3%)
2025-09 ▲ beat (+6.1%)
2025-06 ▬ met (0.0%)
2025-03 ▲ beat (+10.0%)
2024-12 ▼ miss (-28.6%)
2024-09 ▲ beat (+7.0%)
Analyst consensus how computed
This is not TickrTrends' verdict.
- Analyst ratings
- 20 buy · 6 hold · 0 sell (26 analysts)
- Consensus lean
- Buy-leaning
- Consensus price target
- $108
- Target vs last price
- +43.0%
What our data shows for MCHP
- Our model validated 17 trailing price-to-earnings windows for MCHP, built from quarterly earnings records.
- Shares are trading in the middle of their 12-month price range of $49.02–$102.92.
- The 14-day relative strength index sits at a neutral 54.
The exact numbers are one step away
- The precise Forward Fair Value dollar figure for MCHP
- Exact discount / premium to today's price
- The normalized historical P/E behind the estimate, and how many quarters support it
- Forward EPS input and fiscal-year basis
- Screeners and rankings across the full S&P 500 and Nasdaq universes
Forward Fair Value applies a conservatively normalized historical price-to-earnings multiple to the consensus earnings estimate for the next full fiscal year; how TickrTrends computes it.
Recent MCHP news
TickrTrends' derived news-sentiment signal for MCHP is currently leaning positive, computed from recent coverage.
- Microchip Expands Data Center Portfolio to Meet Evolving AI Infrastructure Demands (manilatimes.net, 2026-10-12)
TickrTrends take: Microchip's expansion into data center products positions the company to capture demand from the AI infrastructure buildout, a market segment showing significant growth potential. Given TickrTrends' current assessment that MCHP is fairly valued, investors focused on valuation should monitor whether this portfolio expansion translates into margin improvement or market share gains that could justify price movement. The technology sector's shift toward AI-related infrastructure represents a material business driver that valuation models will need to reflect as the company's exposure to this segment evolves. - Lattice Semiconductor (LSCC) vs Microchip (MCHP): Which is a Better Stock to Buy? (insidermonkey.com, 2026-10-09)
TickrTrends take: Microchip Technology operates in the Technology sector and currently trades at a valuation that TickrTrends assesses as fairly valued. Given the comparison context with Lattice Semiconductor, investors focused on valuation metrics should monitor whether Microchip maintains its current pricing relative to its earnings potential and peer valuations in the semiconductor industry. The fairly valued designation suggests the stock is neither trading at a significant discount nor premium, positioning it as a neutral opportunity from a valuation perspective. - Microchip Technology Acquires VORAGO Technologies (manilatimes.net, 2026-10-09)
TickrTrends take: Microchip Technology's acquisition of VORAGO Technologies represents a strategic move to expand its portfolio in specialized semiconductor markets, which could affect future revenue growth and profitability metrics that underpin its current fairly valued status. As a Technology sector company, investors focused on valuation should monitor how the integration costs and VORAGO's revenue contribution influence Microchip's earnings per share and operating margins in coming quarters. The acquisition's impact on return on invested capital will be important to track, since changes to this metric could shift the company away from its current valuation assessment.
What people are saying
Follow the MCHP conversation: Stocktwits · Reddit · X
TickrTrends weekly updates
- 2026-10-19 — MCHP's sector discount rank declined this week, moving from 124 to 130 among Technology sector stocks, indicating a slightly weaker position relative to peers in terms of valuation discount. The stock maintains a Fairly valued assessment according to TickrTrends' derived indicators.
- 2026-10-12 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-11 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-10 — TickrTrends' derived indicators for MCHP showed a shift in relative valuation positioning this week. The stock's sector discount rank declined from #129 to #136, indicating a movement toward greater relative valuation premium within the Technology sector. MCHP remains classified as fairly valued according to current assessment metrics.
- 2026-10-06 — No material change this week: the verdict, bands and grades all held steady.
- 2026-09-28 — MCHP's sector discount rank improved this week, moving from #139 to #127 among Technology sector companies. This shift reflects a change in how the stock's valuation compares to peers in its sector. The stock maintains a Fairly valued assessment according to current TickrTrends derived indicators.
- 2026-09-21 — # MCHP Stock Research Summary MCHP's technical trend deteriorated this week as the 50/200-day moving average relationship shifted from a mixed state to a downtrend, indicating weakening momentum in the near term. The stock maintains a fairly valued assessment despite this technical deterioration, suggesting the underlying valuation metrics have not substantially changed alongside the price movement shift.
- 2026-09-17 — No material change this week: the verdict, bands and grades all held steady.
Frequently asked questions
Is MCHP stock undervalued?
Based on TickrTrends' Forward Fair Value model (updated 2026-10-19), MCHP is trading at within about 10% of estimated fair value and screens as fairly valued. The exact fair value and discount are available to subscribers.
What is MCHP's TickrTrends verdict?
MCHP's current verdict is Fairly valued, refreshed with every weekly Forward Fair Value run.
How does MCHP compare to other Technology stocks?
MCHP ranks #97 of 181 Technology stocks in TickrTrends' coverage by discount to fair value.
Is MCHP overbought or oversold?
MCHP's 14-day RSI is in neutral territory - neither overbought nor oversold.
Does MCHP pay a dividend?
Yes. MCHP paid $1.82 per share over the last twelve months (4 payments), a 2.41% yield on TickrTrends' last price, and has raised the annual total for 3 consecutive years. The last ex-dividend date was 2026-08-24.
When does MCHP report earnings next?
MCHP's next earnings report is scheduled for 2026-11-05, per the published earnings calendar.
Does MCHP usually beat earnings estimates?
Over its last 8 reported quarters MCHP beat the consensus estimate 6 times and missed 1 times, by TickrTrends' comparison of reported and estimated EPS.
What do analysts say about MCHP?
Of 26 analysts covering MCHP, 20 rate it a buy, 6 a hold and 0 a sell - buy-leaning, with a consensus price target of $108 (+43.0% versus TickrTrends' last price). This is the analyst consensus, not TickrTrends' Forward Fair Value verdict.
Other share classes
Also trades as MCHPP, another share class of Microchip Technology Incorporated. Our ranked lists show the company once, under MCHP, its most liquid class.
More in Technology
Head-to-head comparisons
MCHP vs ANET · MCHP vs APH · MCHP vs DBX · MCHP vs JBL · MCHP vs LOGI