Summer Sale

50% off Premium Yearly

00days
00hrs
00mins
00secs

NASDAQ:MCHP

Microchip Technology (MCHP)

95.24
+2.30 (2.47%)
as of Jun 12, 2026, 8:00:00 pm Market Open.
18 watching
0
Investor Insights
star iconJun 14, 2026, 12:00 am

This summary was created by AI, based on 1 opinions in the last 12 months.

Microchip Technology, trading under the symbol MCHP-Q, is primarily known for its analog and interface products, which cater to sectors such as automotive and industrial applications. Despite having robust offerings, these segments tend to lack the 'sexiness' that often attracts market investors. Recently, Microchip made strides into the AI sector through an acquisition, although this move did not inspire lasting confidence, leading one expert to divest from the stock last fall. The company has seen a notable decline of 24% since being named a 'Top Pick' in June 2024, indicating a shift in market perception. Overall, while there are opportunities within their product lines, there seems to be uncertainty regarding future growth prospects.

consensus icon
Consensus
Bearish
valuation icon
Valuation
Undervalued
review icon
Similar
Analog,ADI
PAST TOP PICK
(A Top Pick Jun 19/24, Down 24%)

They make analog and interface products, not sexy to the market, selling to cars and industrials. They bought a company to have a presence in AI. He sold this last fall.

TOP PICK

Around since 1989. Smart, connected control systems around the world. Particularly in micro-controllers and micro-processors. Involved in 4 areas: auto, industrial, edge AI, and definitely AI infrastructure. 

(Analysts’ price target is $102.22)
BUY ON WEAKNESS

Decent if you're looking at 3-7 years. It makes semi-conductors. Trades at a reasonable valuation. You're buying the secular theme here, a secular bull market. Their chart is okay. Careful because of volatility--it will take it in the teeth during a pullback.

BUY

The 1 and 5 year charts show it making new highs and it looks good. It was trading in a range from 2014 to 2016 with a support level at around $38. It broke out of the range this year which is always a bullish sign, so it has some ways to go. If you own, he would add to it.

PAST TOP PICK
(Was a top pick on Mar 11. Up 30%.) Still likes. Don't buy at these prices. Wait for pull backs.
PAST TOP PICK
(Was a top pick on May 31. Down 5.7%) Still owns.
TOP PICK
Has done well in a sector that has declined. 65% of sales is outside of North America. Use a stop loss.
Showing 1 to 7 of 7 entries
  • «
  • 1
  • »

Microchip Technology (MCHP) Frequently Asked Questions

What is Microchip Technology stock symbol?

Microchip Technology is a American stock, trading under the symbol MCHP (previously MCHP-Q on Stockchase) on the NASDAQ (MCHP). It is usually referred to as NASDAQ:MCHP or MCHP

Is Microchip Technology a buy or a sell?

In the last year, 1 stock analyst issued a Buy, Sell, or Hold rating on MCHP (previously MCHP-Q on Stockchase). 1 analyst recommended to BUY and 0 analysts recommended to SELL the stock. The latest stock analyst rating is TOP PICK. Read the latest stock experts' ratings for Microchip Technology.

Is Microchip Technology a good investment or a top pick?

Microchip Technology was recommended as a Top Pick by David Burrows on 2002-05-31. Read the latest stock experts ratings for Microchip Technology.

Why is Microchip Technology stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for Microchip Technology.

Is Microchip Technology worth watching?

Microchip Technology is followed by 18 investors on Stockchase and is a trending stock that is worth watching.

What is Microchip Technology stock price?

On 2026-06-12, Microchip Technology (MCHP) stock closed at a price of $95.24.