Microchip Technology (NASDAQ:MCHP) Announces Earnings Results, Misses Expectations By $0.15 EPS

Microchip Technology (NASDAQ:MCHP) announced its earnings results on Thursday. The semiconductor company reported $0.13 earnings per share for the quarter, missing analysts’ consensus estimates of $0.28 by ($0.15), Zacks reports. Microchip Technology had a return on equity of 19.47% and a net margin of 14.22%. Microchip Technology updated its Q4 2025 guidance to 0.050-0.150 EPS.

Microchip Technology Stock Down 0.7 %

Shares of NASDAQ MCHP traded down $0.39 during mid-day trading on Thursday, reaching $53.11. 12,700,379 shares of the company’s stock were exchanged, compared to its average volume of 8,772,884. The company has a current ratio of 0.88, a quick ratio of 0.48 and a debt-to-equity ratio of 0.71. The business has a fifty day simple moving average of $58.34 and a 200 day simple moving average of $70.38. Microchip Technology has a twelve month low of $51.37 and a twelve month high of $100.57. The firm has a market capitalization of $28.52 billion, a price-to-earnings ratio of 37.14 and a beta of 1.50.

Microchip Technology Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 7th. Shareholders of record on Monday, February 24th will be issued a $0.455 dividend. This represents a $1.82 annualized dividend and a dividend yield of 3.43%. Microchip Technology’s dividend payout ratio (DPR) is currently 127.27%.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on MCHP shares. Bank of America downgraded Microchip Technology from a “neutral” rating to an “underperform” rating and reduced their price objective for the stock from $80.00 to $65.00 in a report on Monday, December 16th. Citigroup cut their price target on Microchip Technology from $92.00 to $82.00 and set a “buy” rating on the stock in a research note on Wednesday, November 6th. Jefferies Financial Group dropped their price objective on Microchip Technology from $100.00 to $90.00 and set a “buy” rating for the company in a report on Wednesday, November 6th. B. Riley cut their target price on shares of Microchip Technology from $93.00 to $85.00 and set a “buy” rating on the stock in a research report on Friday, January 24th. Finally, Morgan Stanley lowered their price target on shares of Microchip Technology from $71.00 to $58.00 and set an “equal weight” rating for the company in a research report on Tuesday. One research analyst has rated the stock with a sell rating, five have issued a hold rating and thirteen have issued a buy rating to the company’s stock. According to MarketBeat, Microchip Technology currently has an average rating of “Moderate Buy” and a consensus price target of $81.67.

Microchip Technology Company Profile

Microchip Technology Incorporated engages in the development, manufacture, and sale of smart, connected, and secure embedded control solutions in the Americas, Europe, and Asia. The company offers general purpose 8-bit, 16-bit, and 32-bit mixed-signal microcontrollers; 32-bit embedded mixed-signal microprocessors; and specialized microcontrollers for automotive, industrial, computing, communications, lighting, power supplies, motor control, human machine interface, security, wired connectivity, and wireless connectivity applications.