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Asset logo for symbol MCHP
Microchip Technology
MCHP56
$58.56arrow_drop_up1.25%$0.72
S&P500
Asset logo for symbol MCHP
MCHP56

$58.56

arrow_drop_up1.25%

Analyst Forecast

Period: Next 12 Months

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Analyst Ratings

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Microchip Technology (MCHP) Stocklytics Forecast

Microchip Technology Inc (MCHP) is a leading provider of microcontroller and analog semiconductor solutions. The company has a strong track record of innovation and a diversified portfolio of products that cater to a wide range of industries. With its focus on delivering high-performance, low-power solutions, MCHP is well-positioned to benefit from the growing demand for connected devices and IoT applications.
When it comes to forecasting the stock price of Microchip Technology Inc, it is important to consider several factors. One key factor is the company's financial performance. MCHP has consistently delivered solid financial results, with consistent revenue growth and strong profitability. This trend is expected to continue in the coming years, driven by the increasing demand for its products and the expansion of its customer base.
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Frequently Asked Questions

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What is the analyst price prediction for Microchip Technology (MCHP) stock?

Analysts have set a target price of $94.62 for Microchip Technology (MCHP), based on forecasts from 29 analysts. The predicted price range extends from a high of $125 to a low of $77. This represents a potential increase of up to 113.46% and a decrease of 31.49% from the current price of $58.56. These forecasts are as of 2023 Jul 20.
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What are the analyst ratings for Microchip Technology (MCHP) stock?

The analyst ratings for Microchip Technology (MCHP) are distributed as follows: 18 analysts recommend buying, 8 have a neutral stance, and 0 suggest selling. The prevailing sentiment among the total of 26 analysts leans towards a buy rating. These ratings indicate the general sentiment among the analysts covering Microchip Technology .
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What is the AI price prediction for Microchip Technology (MCHP) stock?

At present, there is no AI or machine-learning-based price prediction available for Microchip Technology (MCHP) stock. The lack of a forecast could stem from various factors, such as inadequate data or the necessity for model recalibration.

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