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Microchip Technology (MCHP-Q)
NASDAQ:MCHP
61.07
3.23
(5.02%) 1d
Financials
Technical Analysis
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Microchip Technology, a prominent player in the semiconductor industry since 1989, specializes in smart, connected control systems across various global markets. The company has established a strong presence in crucial sectors such as automotive, industrial, edge AI, and AI infrastructure. Analysts highlight Microchip's expertise in micro-controllers and micro-processors, which positions it to capitalize on growing trends in technology. Investors are particularly optimistic about the company’s trajectory, emphasizing its robust product portfolio and innovation in control systems. With an analyst price target of $102.22, it suggests a positive outlook for potential investors.
$93.450
Owned
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.
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.
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Microchip Technology(MCHP-Q) Rating
Ranking : 1 out of 5
Bullish - Buy Signals / Votes : 0
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 0
Microchip Technology(MCHP-Q) Frequently Asked Questions
What is Microchip Technology stock symbol?
Microchip Technology is a American stock, trading under the symbol MCHP-Q on the NASDAQ (MCHP). It is usually referred to as NASDAQ:MCHP or MCHP-Q
Is Microchip Technology a buy or a sell?
In the last year, there was no coverage of Microchip Technology published on Stockchase.
Is Microchip Technology a good investment or a top pick?
Microchip Technology was recommended as a Top Pick by on . 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 help on deciding if you should buy, sell or hold the stock.
Is Microchip Technology worth watching?
0 stock analysts on Stockchase covered Microchip Technology In the last year. It is a trending stock that is worth watching.
What is Microchip Technology stock price?
On 2025-02-21, Microchip Technology (MCHP-Q) stock closed at a price of $61.07.
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)