Wall Street analyst price targets, ratings consensus & upside potential · Updated Feb 28, 2026
Last 12 months price action with 12-month analyst target path
As of February 28, 2026, Microchip Technology Incorporated (MCHP) has a Wall Street consensus price target of $87.00, based on estimates from 46 covering analysts. With the stock currently trading at $74.64, this represents a potential upside of +16.6%. The company has a market capitalization of $40.21B.
Analyst price targets range from a low of $69.00 to a high of $100.00, representing a 36% spread in expectations. The median target of $90.00 aligns closely with the consensus average.
The current analyst consensus rating is Buy, with 32 analysts rating the stock as a Buy or Strong Buy,14 rating it Hold, and 0 rating it Sell or Strong Sell. The positive sentiment balance indicates moderate optimism about the stock prospects.
From a valuation perspective, MCHP trades at a trailing P/E of -9999.0x and forward P/E of 47.6x. Analysts expect EPS to grow +984.8% over the next year.
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Start ComparisonMicrochip Technology Incorporated (MCHP) has a consensus 12-month price target of $87, implying 16.6% upside from $74.64. The 46 analysts covering MCHP see moderate appreciation potential.
MCHP has a consensus rating of "Buy" based on 46 Wall Street analysts. The rating breakdown is predominantly bullish, with 32 Buy/Strong Buy ratings. The consensus 12-month price target of $87 implies 16.6% upside from current levels.
At a forward P/E of 47.6324x, MCHP trades at a premium valuation. The consensus price target of $87 (16.6% upside) suggests analysts still see growth justifying the multiple.
The most bullish Wall Street analyst has a price target of $100 for MCHP, while the most conservative target is $69. The consensus of $87 represents the median expectation. These targets typically reflect 12-month expectations.
MCHP is heavily covered by Wall Street, with 46 analysts providing price targets and ratings. Of these, 2 have Strong Buy ratings, 30 have Buy ratings, 14 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
The 12-month MCHP stock forecast based on 46 Wall Street analysts shows a consensus price target of $87, with estimates ranging from $69 (bear case) to $100 (bull case). The median consensus rating is "Buy".
MCHP trades at a forward P/E ratio of 47.6x based on next-twelve-months earnings estimates. The higher forward P/E suggests near-term earnings pressure. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Wall Street analysts are optimistic on MCHP, with a "Buy" consensus rating and $87 price target (16.6% upside). 32 of 46 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
MCHP analyst price targets range from $69 to $100, a 36% moderate spread showing some variance in outlooks. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $87 consensus represents the middle ground.