Microchip Technology (MCHP) Expected to Announce Earnings on Thursday

Microchip Technology (NASDAQ:MCHP) is expected to be releasing its Q3 2026 results after the market closes on Thursday, February 5th. Analysts expect the company to announce earnings of $0.38 per share and revenue of $1.1850 billion for the quarter. Microchip Technology has set its Q3 2026 guidance at 0.340-0.400 EPS. Individuals may visit the the company’s upcoming Q3 2026 earning results page for the latest details on the call scheduled for Thursday, February 5, 2026 at 5:00 PM ET.

Microchip Technology (NASDAQ:MCHP) last posted its quarterly earnings results on Thursday, November 6th. The semiconductor company reported $0.35 EPS for the quarter, beating the consensus estimate of $0.33 by $0.02. Microchip Technology had a positive return on equity of 5.21% and a negative net margin of 4.39%.The firm had revenue of $1.14 billion during the quarter, compared to analysts’ expectations of $1.13 billion. During the same quarter last year, the firm earned $0.46 earnings per share. The business’s revenue for the quarter was down 2.0% on a year-over-year basis. On average, analysts expect Microchip Technology to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Microchip Technology Stock Performance

Shares of Microchip Technology stock opened at $80.28 on Thursday. The business’s 50 day moving average price is $66.37 and its 200 day moving average price is $65.36. The company has a market cap of $43.39 billion, a price-to-earnings ratio of -178.40, a PEG ratio of 2.23 and a beta of 1.46. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.20 and a current ratio of 2.25. Microchip Technology has a one year low of $34.13 and a one year high of $81.43.

Microchip Technology Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 9th. Stockholders of record on Monday, November 24th were issued a dividend of $0.455 per share. This represents a $1.82 annualized dividend and a dividend yield of 2.3%. The ex-dividend date was Monday, November 24th. Microchip Technology’s payout ratio is currently -404.44%.

Insider Buying and Selling

In other Microchip Technology news, CEO Steve Sanghi sold 18,509 shares of the company’s stock in a transaction on Thursday, January 22nd. The stock was sold at an average price of $79.20, for a total transaction of $1,465,912.80. Following the transaction, the chief executive officer directly owned 10,021,133 shares in the company, valued at $793,673,733.60. This represents a 0.18% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO James Eric Bjornholt sold 4,292 shares of the firm’s stock in a transaction on Tuesday, November 25th. The stock was sold at an average price of $50.39, for a total value of $216,273.88. Following the transaction, the chief financial officer owned 30,089 shares of the company’s stock, valued at approximately $1,516,184.71. This represents a 12.48% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 1.94% of the company’s stock.

Institutional Investors Weigh In On Microchip Technology

Institutional investors and hedge funds have recently modified their holdings of the company. Voya Financial Advisors Inc. lifted its stake in Microchip Technology by 3.5% during the 2nd quarter. Voya Financial Advisors Inc. now owns 5,709 shares of the semiconductor company’s stock worth $402,000 after acquiring an additional 195 shares in the last quarter. Glenmede Investment Management LP increased its stake in Microchip Technology by 0.3% during the third quarter. Glenmede Investment Management LP now owns 66,135 shares of the semiconductor company’s stock worth $4,247,000 after purchasing an additional 214 shares during the period. Strategic Investment Advisors MI lifted its position in shares of Microchip Technology by 4.5% during the second quarter. Strategic Investment Advisors MI now owns 5,903 shares of the semiconductor company’s stock worth $415,000 after purchasing an additional 254 shares in the last quarter. State of Wyoming lifted its position in shares of Microchip Technology by 78.1% during the second quarter. State of Wyoming now owns 618 shares of the semiconductor company’s stock worth $43,000 after purchasing an additional 271 shares in the last quarter. Finally, NewEdge Advisors LLC boosted its stake in shares of Microchip Technology by 1.2% in the third quarter. NewEdge Advisors LLC now owns 31,098 shares of the semiconductor company’s stock valued at $1,997,000 after purchasing an additional 357 shares during the period. Hedge funds and other institutional investors own 91.51% of the company’s stock.

Analyst Ratings Changes

Several research firms recently issued reports on MCHP. UBS Group raised their price objective on shares of Microchip Technology from $85.00 to $95.00 and gave the stock a “buy” rating in a research report on Monday. Susquehanna increased their price target on shares of Microchip Technology from $75.00 to $90.00 and gave the company a “positive” rating in a research note on Thursday, January 22nd. Exane BNP Paribas raised shares of Microchip Technology from a “hold” rating to a “strong-buy” rating in a research report on Thursday, January 22nd. B. Riley upped their price objective on Microchip Technology from $85.00 to $95.00 and gave the company a “buy” rating in a report on Monday, January 12th. Finally, Citigroup increased their price objective on Microchip Technology from $80.00 to $92.00 and gave the stock a “buy” rating in a research report on Thursday, January 15th. Three research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $82.05.

Key Microchip Technology News

Here are the key news stories impacting Microchip Technology this week:

• Positive Sentiment: Multiple analyst upgrades and bullish commentary lifted investor sentiment — Zacks upgraded MCHP to a “strong-buy” and Bank of America raised its rating to “buy” with a $95 target (~18% above the current price). UBS also issued a positive note saying shares are expected to rise. Zacks Upgrade BofA Coverage UBS Note
• Positive Sentiment: Inclusion on Zacks’ Rank #1 (Strong Buy) lists for momentum and income increases visibility among retail and quant buyers, which can amplify short-term flows. Zacks Momentum List Zacks Income List
• Positive Sentiment: Product development: Microchip expanded its maXTouch M1 touchscreen controller family to cover a wider range of automotive displays (2–42″), strengthening its addressable market in automotive infotainment and display applications. This supports longer-term revenue opportunity in a high-value end market. maXTouch Product Release
• Neutral Sentiment: Recent fundamentals: the company beat Q2 estimates on EPS and revenue and provided Q3 FY2026 EPS guidance (0.340–0.400), but revenue was slightly down year-over-year — a mixed fundamental backdrop that makes upgrades and product news more impactful in the short term. MarketBeat Earnings Summary
• Negative Sentiment: Insider activity: CEO Steve Sanghi sold 18,509 shares (~0.18% reduction in his position), a relatively small transaction but one that some investors note when management sells into strength. Insider Sale

Microchip Technology Company Profile

Microchip Technology Inc is a semiconductor company headquartered in Chandler, Arizona, that designs, develops and supplies a broad portfolio of embedded control and analog semiconductors. Its product lineup centers on microcontrollers (including the well-known PIC family), digital signal controllers and associated development tools and software, along with a range of mixed-signal and analog devices, nonvolatile memory, power management, timing, interface, wireless and security products. The company also provides integrated hardware and software solutions intended to simplify embedded design and accelerate time to market for OEMs and contract manufacturers.

Microchip’s products are used across a wide range of end markets, including automotive, industrial automation, consumer electronics, communications, aerospace and defense, and Internet of Things (IoT) applications.